This broker has a good reputation and a range of account types to meet the varying needs of clients from retail traders to more experienced traders. You can access NordFX customer support by clicking on the support button by the top right of the page. Alternatively, you can click on Contact in the main navigation menu. This will take you to the contact form, which asks for crucial information. Start by selecting the department you wish to contact, with options including customer service, payments, technical support, marketing, introducing brokers, and human resources. From there, you input your name, email address, the subject, and your message, say whether you are already a NordFX customer, and complete a quick human test to prevent spam.
- NordFX’s parent company is NordFX CY (NFX CAPITAL CY LTD) which is headquartered in Limassol, Cyprus.
- All information about the trading conditions is found clearly on the company’s website, and trading times are listed clearly within the MT4 platform.
- You can choose an account depending on your trading style and level of investment.
- As the online trading market becomes more competitive, brokers have reduced their minimum deposit requirements to attract new clients.
- Thus, MT4 is, in fact, a multifunctional complex that can satisfy the professional needs of the trader as much as possible.
If you are wondering how trustworthy NordFX is, then know that over 1.7 million accounts across 190 countries have been opened on the site since it launched. Work on the Forex market requires knowledge and experience, so each trader has to devote sufficient time to training in order not to incur losses. Prompt withdrawals and support in Sinhala Language are important factors to trade with NordFx.
Global Presenceand DedicatedMultilingual Support
NordFX also offer mobile apps for Android and iOS trading apps help you stay on top of your trades and execute them on the go. Brokers like NordFX must disclose any inactivity fees as part of their regulations. The type of account and broker you sign up for, will determine whether or not you can be charged an inactivity fee under certain circumstances.
- Choosing a trading platform requires a significant amount of research and analysis.
- MetaTrader 4 (MT4) is a widely used trading platform in the world, offering a range of advanced tools and features.
- Spreads for major currency pairs are as low as 0.0 pips with ECN execution.
- The type of account and broker you sign up for, will determine whether or not you can be charged an inactivity fee under certain circumstances.
- This approach can help you gain experience and confidence in NordFX trading decisions.
Please note that equity markets open and close each trading and are not operational continuously like Forex and cryptocurrencies. A $20 annual inactivity fee applies after twelve months of dormancy. I find it acceptable, and active traders will never face this cost. Here is the minimum spread for the EUR/USD and the trading costs per 1.0 standard in both. I like the overall regulatory environment of the Vanuatu Financial Services Commission.
Reputation & Reviews
Safety is evaluated by quality and length of the broker’s track record, plus the scope of regulatory standing. Major factors in determining the quality of a broker’s offer include the cost of trading, the range of instruments available to trade, and general ease of use regarding execution and market information. In addition to the NordFX Investment Funds, the broker offers other investment products. These instruments offer maximum protection of investments along with potential profits that exceed bank deposits.
Deposits and Withdrawals
However, it’s important to note that depending on your trading account type, some brokers may require a higher minimum deposit of up to 10,000 GBP/USD. Therefore, it’s essential to research and compares different brokers to determine which best suits your trading needs and budget. When it comes to online trading with brokers like NordFX,
carefully review NordFX as your nord fx broker can make or break your success. Choosing the right broker is essential to ensure your NordFX investments grow and flourish. However, beware of fake and unreliable brokers lurking in the shadows, waiting to take advantage of unsuspecting traders. Before committing to opening a live account, users can create a demo account with $10,000 worth of virtual currency.
Who Are NordFx?
Brokers charging higher minimum deposits may offer additional premium services on their platforms that are not free on other platforms. MetaTrader 4 (MT4) is today the world’s most popular online trading platform on FOREX , confirmed by numerous ratings and surveys among brokers and traders. Complementing copy trading is the PAMM service available at NordFX, catering to traditional retail account management under the NordFX umbrella.
Those with iOS mobile devices will be happy to learn the application facilitates foreign exchange instruments online trading from anywhere at any time. One benefit of the application is that it provides an intuitive interface as well as many of the functions from MetaTrader 4 to provide for successful trading while mobile. The Trader’s Office is where you will find your account information on NordFX. If you go to the Personal Settings section of the Trader’s Office, you will see your personal data as well as key account parameters, including the account type, selected credit leverage, and balance. This is where you can choose to transfer funds to either MT4 or the Trader’s Office.
It is simple, user-friendly, and NordFX provides all the necessary information to make informed investments. A stand out feature of NordFX is the face they also offer managed investment funds, something that not many other similar brokers offer. With either MetaTrader mobile applications, whether it is for iOS or Android, it becomes possible to trade on NordFX wherever you go at any time. The applications have full functionality, although the smaller size of your smartphone screen does somewhat limit the ability to view information in a chart in great detail.
Now new features like addition Mega Lottery offers are providing us an extra possibilities to earn more beside our regular day to day trading. This website is using a security service to protect itself from online attacks. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. Below is a list of trading cost examples for buying and selling the EUR/USD, holding the trade for one night and seven nights, in the commission-based NordFX account. All information about the trading conditions is found clearly on the company’s website, and trading times are listed clearly within the MT4 platform. Traders may choose between a more expensive commission-free Forex account or a competitively priced commission-based alternative.
This broker deserves consideration as a part of a well-diversified approach to trading. This broker continually adds services, and the innovative nature of NordFX is one of its prime attributes. NordFX does not charge deposit and withdrawal fees, but third-party payment processor costs apply. The Trader’s Office, the secure back office of NordFX, handles all requests. Traders must withdraw the initial deposit to the same method used to deposit but may use any payment method for processing profit withdrawals.
As such, NordFX strongly suggests that you read the User Guide for this particular platform before using it and that you first test the program using a demo account. You should also keep in mind that with the MetaTrader 4 MultiTerminal, all of the managed accounts must be on a single server. TradingBrokers.com is for informational purposes only and not intended for distribution or use by any person where it would be contrary to local law or regulation. We do not provide financial advice, offer or make solicitation of any investments.