NordFX Review

Today we are going to review the NordFx broker. NordFX is an international broker with over 10 years of experience in financial markets.

About NordFX

NordFX is an international broker that provides individual and corporate clients a full range of services for trading in Forex, gold, silver, oil, basic stock indexes, and cryptocurrencies.

NordFX holds licenses to provide financial services and is regulated by VFSC and SEBI, and this ensures rigorous control over its activities from governmental bodies. The parent company is NordFX CY (NFX CAPITAL CY LTD), headquartered in Limassol, Cyprus.

Starting from 2008, over 1.250.000 accounts have been opened in NordFX by clients from over 190 countries. NordFX has been awarded more than 45 prestigious awards and prizes.

One of the main priorities of NordFX is the safety of the client’s funds. There has been no single hacking during ten years of NordFX operation in the financial markets, unlike various crypto exchanges.

NordFX Investment Funds

NordFX clients enjoy another opportunity for portfolio investments in stocks of major global companies. The three investment funds are Pro-Industry Fund, Pro-Tech Fund, and Pro-Expert Fund, including stocks with the highest reliability and growth.

The unique advantage of these funds is the low entrance threshold, which allows investors who have even small amounts to enjoy professional asset management benefits.

The client may deposit and withdraw funds at any time at his request, and the participation of managers allows you to receive the maximum possible profit from this investment.

In addition to investing in the funds mentioned above, NordFX specialists can make an individual portfolio for the client or purchase shares of individual listed companies at the client’s request. More information about the investment offers of NordFX can be found here.

NordFX Trading accounts

To open a trading account at NordFX, you can either fill out the registration form on the site or register through social media platforms like Google, Facebook, and Twitter. The account can be funded in US dollars or by cryptocurrencies such as Bitcoin and Ethereum.

These are  the account types available on NordFX:

Islamic (swap-free) accounts are available for clients who want to operate according to Sharia law. Demo accounts are available for training and learning.

NordFX Trading methods

MetaTrader 4

MetaTrader 4 allows for trading on the forex market and precious metals, cryptocurrencies, and CFD trading. With this platform, you can enjoy instant and market execution and access a range of order types to adapt your trading style. MT4 makes it possible to create then test scripts and indicators.

MetaTrader 4 is commonly considered the standard for forex trading, meaning many tutorials and support resources are available. MetaTrader 4 also has high-grade security for trading transactions and can incorporate news feeds right into the platform.

NordFX traders can use MetaTrader 4 on many devices. There are desktop versions for both Windows and Mac and mobile applications for both Android and iPhone.

MultiTerminal

NordFX also appeals to those who manage multiple accounts or traders with several accounts by offering trading via MetaTrader 4 MultiTerminal.

This platform is specifically designed for managers and traders who have to work with multiple accounts simultaneously. The interface is highly user-friendly, and it includes all of the significant features of the MetaTrader 4 platform.

Mobile Trading Devices

NordFX makes trading on your mobile devices easier with MT4 for iPhone and Android. Both support the features of the MetaTrader 4 platform and have an intuitive interface. The application allows trading foreign exchange instruments online anytime and from anywhere.

The MetaTrader 4 application for iOS mobile devices (iPhone/ iPad/ iPod Touch) can be downloaded directly from the Apple Store. The MetaTrader 4 application for Android mobile devices can be downloaded directly from the Android Market.

NordFX Educational Resources

NordFX gives traders access to a vast range of educational resources. The educational information there can help all traders develop skills and get insights for successful trading. There are sections for forex training, signals, a glossary, the economic calendar, a Trader’s Guide to Markets, and the ability to test forex robot advisors.

Deposit and Withdraw funds

Account funding methods

To fund your NordFX account, you can use Bank transfers, bank cards (Visa and MasterCard), and digital payment systems ( WebMoney, QIWI, Skrill, Neteller, Perfect Money, Yandex. Money, Ngan Luong, and PayToday). Besides Bank Transfer, all other methods are instant so that you will see the money in your trading account right away.

Withdraw funds methods

You can withdraw your funds using all the methods you used to deposit money. However, the transfer period is different.

• Bank Transfer – USD and EUR, and it takes 3-6 business days to see the money in your account.
• Visa and Master Card -USD, EUR, RUB, 4% of the amount +$7,50 commission, and it takes 5-6 business days to see money in your account
• Internal Transfer – USD and EUR can be done within NordFX accounts, have no commission, and instantly consolidate accounts. It is done within one business day for not consolidated accounts.
• WebMoney – USD, EUR, RUB with a 0,8% commission but no more than $50, done within one business day.
• QIWI – RUB, no commission, done within one business day
• Skrill – USD and EUR, 1% commission, done within one business day
• Neteller – USD, no commission, done within one business day
• Perfect Money – USD and EUR, 0,5% commission done within one business day
• Ngan Luong – VND, no commission done within one business day
• PayToday – THB, 2% commission, done instant

Money laundering regulation usually dictates that withdrawals must be made back to the same funding source used for the deposit.

Also, keep in mind that before a withdrawal of funds is processed using bank cards, you must verify your account by providing NordFX with copies of your ID and utility bills.

Deposit and withdrawal of funds in BTC and ETH are carried out through corresponding crypto wallets in the Trader’s cabinet.

NordFX Support and Help

NordFX has a highly responsive, knowledgeable customer support team, with specific centers employing dozens of staff to help inquiries. Customer support of NordFX is available 24/5 (Mon-Fri).

There are several ways you can get in touch with NordFX company. On their contact page, you have a contact form, and they also list an email address: support[at]nordfx.com. Also, there is a LiveChat system that you could see in the right-bottom part of the website that will connect you with a NordFX representative. 

Besides contact form and email, they have six regional phone numbers that you can use without worrying about paying for long-distance calls. These are: Bangladesh (+91-7303716826), China (+86 108 4053677), India (+91-120-4333103), Russian Federation (88043334516), Sri Lanka(+91-120-4562896) and Thailand (+66600035101).

Another thing that I like about NordFX because they have an active social media presence on the following platforms: Facebook, Twitter, Vkontakte, Instagram, Linkedin, Pinterest, Youtube, and Telegram [Amazing Uses Of Telegram Bots [+ Best Bots List]].

NordFX Review Conclusion

The NordFX broker provides access to trading for forex, precious metals, oil, basic stock indexes, and cryptocurrencies. NordFX prides itself on offering very tight spreads, and it has a range of deposit and withdrawal options.

One excellent feature of NordFX is that they also offer managed investment funds, which not many other similar brokers provide. So if you’re not too good with trading, you can let NordFX trading experts make excellent profits for you.

This broker has a good reputation and a range of account types to meet clients’ varying needs, from retail traders to more experienced traders.

NordFX FAQ