NordFX
Overview
Nord FX is an international forex broker who provides its services since 2008. It has been operating on the market for 10 years so far and earned its share of respect during this time. The firm is regulated by CySEC which makes for extra confidence when dealing with this broker. The firm offers its services in more than 100 countries all over the globe. It has offices in Cyprus, India, China, and Russian Federation.
Deposits and Withdrawals
The minimum amount to start is 100 USD here. The firm accepts bank cards (VISA, MasterCard, UnionPay), online payments (Neteller, Skrill), and bank wire transfers. You can fund your account with either US dollar or Euro. As for withdrawals, they are linked to the method which you used to deposit. VISA and MasterCard withdrawals are processed with 1.2 % commission plus 3.00 Euro per transaction. Neteller goes with no commission at all, while the company charges a 1 % commission for Skrill withdrawals. According to the company’s website credit card withdrawals are processed within 1 day, wire transfers take 3-5 business days to reach your bank account.
Trading
Unlike other brokers, this firm offers one single account to all its clients with the same competitive spread. Thus, all investors both big and small have equal conditions. Nord FX offers MetaTrader 4 compatible with all kind of devices. It is offered as a desktop software, application for your iPhone or iPad, and as an app available for Android phone or tablet. Thus, you will have the opportunity to place trades from any place you go. Known as the best platform around, MT4 is indeed all that trader needs. Great variety of technical indicators, Expert Advisors, and advanced charts – everything is provided for you by the company.
Instruments
41 different currency pairs are available in one single account. Nord FX offers some exotic pairings like USD/NZD, NZD/CAD or ZAR/JPY. Spreads are floating, starting from 1.2 pips. Average EUR/USD spread is 1.4 pips. Minimum trade size is 0.01 Lot. The company offers clear forex trading experience. No cryptocurrencies, stocks or precious metals are offered here.
Conclusion
This broker seems like an ideal choice if you are looking to start with a forex market. A professional attitude is guaranteed by the firm’s managers, and the one single account offer seems rather tempting.
-
Broker NordFX Website URL nordfx.com/?id=982140 Founded 2008 Headquarters Mauritius Support Number http://nordfx.com/do/support/ Trading Platform MetaTrader 4/5| MT4 MultiTerminal| MetaTrader Mobile Minimum 1st Deposit No Minimum Account Size 5$ Minimum Trade Amount 0|1 lot Bonus Deposit Bonus $100 Leverage 1:500 Spread 2 pips on EUR/USD Free Demo Account Open Demo Regulation Regulated by Financial Service Commission (FSC) of Mauritius Number of Assets 500+ US Traders Allowed Hours Yes Mini Account 5 Swap Accounts Yes Auto Trading Yes ***Hedging Yes Affiliate Program: Yes Expert advisors: Yes Free Education: Yes Other Instruments Gold, Silver, Bitcoin Decimals 4,5 Overall Score 0.2
Good broker. Opened the account with them 2 months ago, already making some small profits. Withdrew 250 dollars of clear profit last week. The procedure is fast, took it only 4 days to reach my bank account which is okay for me. My personal account manager is in touch when I need him to be, provides me with daily analytics. No problems at all so far.