The spreads that NSFX charges start from 0.6 pips EUR/USD. NSFX does not charge any deposit fees but there are withdrawal fees charged. The swap fees that traders can expect will depend on the live trading account that they use and the trading platform.
NSFX at a glance
| Broker's Name | NSFX |
| 📍 Headquartered | Malta |
| 📅 Year Founded | 2010 |
| ⚖️ Regulating Authorities | MFSA |
| 🌐 Countries not accepted for trade | United States |
| ☪️ Islamic account (swap-free) | No |
| 👍 Demo Account | Yes |
| 📊 Institutional Accounts | No |
| 📊 Managed Accounts | No |
| 📈 Maximum Leverage | 1:50 |
| 💰 Minimum Deposit | $300 (4 373 ZAR) |
| 💳 Deposit Options | Bank Wire Transfer Credit/debit card Skrill Neteller Fast Bank Transfer |
| 💳 Withdrawal Options | Bank Wire Transfer Credit/debit card Skrill Neteller Fast Bank Transfer |
| 💻 Platform Types | MetaTrader 4, JForex |
| 📈 Tradable assets offered | Forex Indices Metals Energies |
| 📱 OS Compatibility | Web, desktop, mobile devices |
| 👨💼 Languages supported on Website | English, Spanish, French, Russian, German, Italian, Thai |
| 👥 Customer Support Languages | Multilingual |
| 📆 Customer Service Hours | 24/5 |
| 👉 Open a account | 👉 Open Account |
Min Deposit
USD 300
Regulators
MFSA
Trading Platform
MT4, JForex
Crypto
No
Total Pairs
27
Islamic Account
No
Trading Fees
Low
Account Activation
24 Hours
NSFX Fees and spreads – 6 key points quick overview:
NSFX Fees and Spreads- NSFX Additional Trading Fees
- NSFX Broker Fees
- NSFX Pros and Cons
- Conclusion
- Frequently Asked Questions
NSFX Fees and Spreads
The spreads that NSFX charges start from 0.6 pips EUR/USD.
The spread list that traders can expect from NSFX will depend on the account type that traders use. NSFX offers both variable and fixed spreads through three live trading accounts that are offered. The spread list that traders can expect are as follows:
MT4 Fixed Account – fixed spreads of 3 pips EUR/USD
MT4 ECN Account – variable spreads from 0.6 pips EUR/USD
JForex Account – variable spreads form 0.6 pips EUR/USD
While ethe MT4 Fixed Account does not charge any commissions as result of the costs already included in the spread, traders can expect commissions from $8 (117 ZAR) on the MT4 ECN and JForex Account.
NSFX Additional Trading Fees
Swap fees, or overnight fees, are charged according to the financial instrument they hold overnight as well as the type of position that they are in, whether long or short. The swap fees that traders can expect will also depend on the live trading account that they use and the trading platform.
NSFX does not offer Muslim traders with the option of converting their live trading account into that of an Islamic Account. This means that Muslim traders must ensure that they close their positions before the end of each trading day to avoid overnight fees.
As NSFX is not a spread betting broker, spread betting fees will not apply.
NSFX Broker Fees
NSFX does not charge any deposit fees but there are withdrawal fees charged on the following payment methods:
Skrill – 2.9% of the transaction
Neteller – 2.9% of the transaction
There are no other broker fees indicated for NSFX on the official website. However, conditions change, and traders must ensure that they verify the existence of all trading and non-trading fees before they register for a live trading account.
Min Deposit
USD 300
Regulators
MFSA
Trading Platform
MT4, JForex
Crypto
No
Total Pairs
27
Islamic Account
No
Trading Fees
Low
Account Activation
24 Hours
NSFX Pros and Cons
| ✔️ Pros | ❌ Cons |
| Competitive trading conditions offered | Withdrawal fees charged |
| Choice in dynamic trading accounts | No Islamic Account |
| Deposit fees not charged | Spreads are not the tightest |
| Both variable and fixed spreads |
Conclusion
The spreads that NSFX charges start from 0.6 pips EUR/USD. NSFX does not charge any deposit fees but there are withdrawal fees charged. The swap fees that traders can expect will depend on the live trading account that they use and the trading platform.
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Frequently Asked Questions
How many instruments can I trade with NSFX?
You can trade any of the following asset classes:
- Forex
- Indices
- Metals
- Energies
Which platforms are supported by NSFX?
NSFX supports the use of MetaTrader 4 and JForex.
Does NSFX offer leverage?
Yes, NSFX offers leverage up to a maximum of 1:50.
What spreads can I expect with NSFX?
You can expect variable/fixed spreads according to the account type offered:
- MT4 Fixed Account – fixed spreads of 3 pips EUR/USD
- MT4 ECN Account – variable spreads from 0.6 pips EUR/USD
- JForex Account – variable spreads form 0.6 pips EUR/USD
Does NSFX charge commission?
Yes, NSFX charges commissions from $8 (117 ZAR) per round turn on both the MT4 ECN and JForex Account.
Are there additional charges on the Islamic account?
No, NSFX does not provide Muslim traders with the option to convert their live trading account into an Islamic Account.
Is NSFX regulated and by whom?
NSFX is regulated by MFSA in Malta.
Is NSFX a recommended forex trading broker for experts and beginners?
Yes, NSFX is a broker that can be recommended for both experts and beginners.
What is the overall rating out of 10 for NSFX?
6/10.
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