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NordFX

6.15
Total score

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NordFX brokerage company, founded in 2008, is a recognized player in the international financial services arena. Over the years, NordFX has won more than 50 prestigious awards and various prizes, confirming its efficiency and reliability. Notable achievements include the award for “Best Managed Account Platform” in 2020, as well as prizes for the best affiliate program and social trading platform in 2019. According to the Masterforex-V Academy, NordFX was recognized as the best broker in the world in the same year and as the best broker in Asia in 2018.

Since 2011, NordFX has been repeatedly recognized in Asia for its bonus programs, promotions and affiliate programs, as well as for its high quality of service, including recognition as the best forex broker in China in terms of dealing quality.

Today, NordFX serves clients in nearly 190 countries, with more than 1,250,000 open trading accounts. The company offers a wide range of services for active and passive forex trading and is regulated in the jurisdiction of the British Virgin Islands.

  • Account currency

    USD, BTC, ETH

  • Minimum deposit

    Fix — 10$, Pro — 250$, Zero — 500$

  • Leverage

    1:1000

  • Spread

    From 0.9 pips (floating), from 2 pips (fixed)

  • Tools

    Currency pairs, cryptocurrency (11 pairs), 6 CFDs on indices, oil, gold, silver

  • Margin call / Stop out

    Margin Сall: Fix - 40%, Zero — 60%, Stocks - 80% Stop out: Fix - 20%, Zero — 40%, Stocks - 40%

Pros

  • A wide range of trading instruments: NordFX offers the opportunity to trade not only traditional currency pairs, but also cryptocurrencies, precious metals (gold and silver), major stock indices (including Dow Jones, Nasdaq, Nikkei), as well as oil and shares of major companies.
  • High Leverage: Offers leverage up to 1:1000, which increases traders' potential profits with managed risk.
  • MetaTrader 4 platform availability: The platform is available in fixed and mobile versions, providing traders with convenience and mobility in trading.
  • Minimum deposit and low spreads: You can start trading with minimum deposit from 10 USD and spreads from 0 pips.
  • Ultra-fast order execution: Trade orders are executed in 0.5 seconds, which is critical for strategies that require quick entry and exit of positions.
  • Versatility in deposit currencies: In addition to U.S. dollars, deposits can be made in bitcoin and ethereum, meeting the needs of modern investors.
  • PAMM service and signal copying: Opportunities for passive investment through PAMM accounts and trading signals copying.
  • Investing in shares of leading global companies: Traders can invest in shares of such companies as Apple, Ferrari, Boeing, Coca-Cola, Visa, Google, Microsoft, Alibaba and others.
  • Extensive educational resources: NordFX offers a broad theoretical base, including analytics, news and educational materials in various formats to support traders at all stages of their career.
  • Tiered IB Affiliate Program: Offers up to 65% commissions, making it one of the most competitive programs in the industry.

Minuses

  • Limited opening hours of the support service: One of the disadvantages of NordFX is that the technical support team is only available on weekdays, which means it is unavailable on weekends. For traders who work with the platform outside of the standard five-day schedule, this can be inconvenient, especially in case of urgent questions or problems that require immediate resolution.

Customer geography

  • Vietnam
    15.04%
  • Philippines
    14.09%
  • Mexico
    13.37%
  • Malaysia
    7.53%
  • Colombia
    6.5%
  • United States
    4.1%
  • United Kingdom
    1.7%
  • Canada
    1.5%
  • Russia
    1.5%
  • Sri Lanka
    1%
  • Others
    17.67%

Expert evaluation

James Anderson
Financial analyst, exper

During more than ten years of cooperation with the International Forex Traders Association, NordFX brokerage company has strengthened its reputation as a reliable partner. Members of the association especially appreciate the variety of trading accounts offered by the broker, which include options to suit different strategies and preferences of traders. These accounts provide traders with flexibility in choosing trading conditions, which is suitable for both beginners and experienced market participants.

During the period of partnership with the International Association, NordFX has demonstrated high efficiency in solving any issues, putting the interests of clients first. Thanks to this, the broker is regularly included in the list of the best brokers according to the MOFT rating.

The International Association of Forex Traders recommends NordFX as a reliable partner offering optimal conditions for traders of all levels.

Analysis

6.15
Overall score
5.94
Order execution
6.36
Investment instruments
6
Withdrawal speed
6.3
Customer support performance
6.78
Number of instruments
6.52
Trading platform
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Ribeit

By cooperating with NordFX through the MOFT rebate service, traders can significantly reduce their trading costs. Registration with MOFT takes only a few minutes, is free of charge and allows you to start trading as soon as possible. After opening an account and starting to trade with NordFX, traders receive a daily portion of the spread refunded to their MOFT balance as compensation for each trade executed, regardless of their results.

Here’s how it works: MOFT returns to traders 80% of affiliate payments received from the broker. For example, if you trade 1 lot per day on EUR/USD, where 1 lot equals 100,000 units of the base currency and the pip cost is $10, you will face a spread of 2 pips. Working directly with NordFX, the daily spread cost will be $20. However, when working through MOFT, which receives 1.2 pips per lot on Fix accounts, which equals $12, MOFT will refund you 80% of this amount, i.e. $9.6. Thus, your actual expense will be only $10.4.

Give this opportunity a try – we’re sure you’ll love it!

Trading condition

Traders praise NordFX for its extensive trading opportunities, which include 33 currency pairs as well as the possibility to trade precious metals such as gold and silver. Experienced market participants especially highlight the 1:1000 leverage as a significant advantage. Cryptocurrency enthusiasts will find attractive conditions with 11 available cryptocurrency pairs, in addition to six CFDs on indices and 68 CFDs on equities, providing ample opportunities for portfolio diversification.

NordFX offers competitive spreads ranging from 0.0 to 2 pips, which helps to reduce trading costs and increase traders’ profit potential.

One of the broker’s key advantages is the availability of MetaTrader 4 and MetaTrader Mobile trading platforms. These platforms allow traders to flexibly manage their operations without being limited to a stationary workplace, thanks to the high speed, stability and reliability of NordFX servers. This ensures an efficient and reliable trading process, allowing traders to transact from anywhere in the world.

  • Trading platform

    MT4 MultiTerminal, MetaTrader Mobile, MetaTrader 4, MetaTrader 5

  • Accounts

    Demo, Fix, Pro, Zero, Stocks

  • Account currency

    USD, BTC, ETH

  • Deposit/withdrawal

    OkPay, RoboKassa, Alfa-Click, Money Online, Perfect Money, Neteller, WebMoney, skrill.com, KIVI, payweb.com, payza.com, YooMoney, HandyBank and Elexnet, rbkmoney.com, OnPay.ru, FasaPay, EgoPay, DIXIPAY, Payment, bank cards, bank transfer

  • Minimum deposit

    Fix — 10$, Pro — 250$, Zero — 500$

  • Leverage

    Up to 1:1000

  • PAMM accounts

    yes

  • Minimum order

    0,01

  • Spread

    From 0.9 pips (floating), from 2 pips (fixed)

  • Instruments

    Currency pairs, cryptocurrency (11 pairs), 6 CFDs on indices, oil, gold, silver

  • Margin call / Stop out

    Fix - 40%, Zero — 60%, Stocks - 80% Stop out: Fix - 20%, Zero — 40%, Stocks - 40%

  • Liquidity provide

    Multiple

  • Mobile trading

    yes

  • Affiliate program

    yes

  • Order execution

    instant and market

  • Trading features

    There's cryptocurrency trading

  • Contests and bonuse

    no

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Commission

The analysts conducted a thorough analysis of NordFX trading conditions, focusing on identifying all types of commissions, both explicit and hidden. As a result of the analysis, it was found that NordFX does not charge any commission for depositing accounts, which is a significant advantage for traders. As for withdrawal fees, their amount may vary depending on the selected account type. In some cases, there is also no withdrawal fee, which further emphasizes the attractiveness of trading conditions with NordFX.

Account type
Spread / commission
Withdrawal fee
Fix
От 20$
No
Pro
От 9$
No
Zero
От 0$
0.0035% per trade (each way)
Stocks
0,2%
0.2% (total per completed transaction)

Broker Overview

NordFX stands out in the Forex market as a broker that deserves traders’ attention due to the wide range of services offered for active and passive investing. The user-friendly interface of the company’s website allows users to easily evaluate, analyze and compare various trading options.

The company occupies one of the leading places in the MOFT brokers rating due to its comprehensive approach to customer service and client-oriented approach. Here are some impressive figures about NordFX:

  • Presence in 188 countries;
  • More than 1,250,000 registered trading accounts;
  • A network of more than 25,000 partners;
  • Payouts to partners exceeded 30,000,000 dollars;
  • More than 12 years of successful work in the Forex market.

Traders working with NordFX use the MetaTrader 4 platform – the most popular and convenient trading system, which allows them to actively trade from anywhere in the world.

NordFX’s useful services include:

  • Copy Trading: This is a convenient form of social trading where experienced traders can sell their trading signals to beginners, making it easier for them to enter the world of trading.
  • RAMM service: Allows you to invest in different strategies on one account, providing the ability to manage both independent trading and with the help of advisors. This provides a double benefit – income for both the investor and the manager.
  • PAMM-accounts: Provide an opportunity for passive income, where professionals manage funds, receiving remuneration for this.

NordFX is the optimal choice for both active trading and passive investments, offering a variety of tools to achieve financial goals on an international level.

NordFX provides traders with five types of accounts designed to meet the needs of both novice and professional forex market participants. Each account has its own features, such as initial capital, spread size, and the presence or absence of commissions.

Overview of NordFX account types:

  1. Fix:
    • For whom: Ideal for beginner traders.
    • Minimum deposit: $10.
    • Spread: From 2 pips.
    • Instruments: 28 currency pairs, 11 cryptocurrency pairs, 6 CFDs on indices, as well as gold and silver.
  2. Pro:
    • For whom: Suitable for experienced traders.
    • Minimum deposit: $250.
    • Spread: Dynamic, starting from 0.9 pips.
  3. Zero:
    • For whom: Suitable for a wide range of traders looking for access to interbank liquidity.
    • Minimum deposit: $500.
  4. Stocks:
    • Features: Trading in stocks (CFDs) of 68 world famous companies.
    • Commission: 0.2%.
    • Leverage: Maximum 1:5.
    • Order execution: Market.
  5. Demo account:
    • For whom: Beginners who want to familiarize themselves with the platform and practice their trading skills before starting real trading.

NordFX takes an innovative approach to trading, offering both beginners and professional traders favorable conditions for implementing their trading strategies. This broker provides a variety of trading instruments and flexible conditions, making it an attractive choice for traders at any stage of their career.

NordFX investment programs

NordFX stands out as an ideal broker for those who seek to combine active trading with passive investments.

NordFX Funds – an innovative approach to investing: NordFX Investment Fund includes a balanced portfolio of shares of leading companies that have held leading positions on global stock exchanges for decades. Investments are allocated to proven stocks after thorough market analysis, ensuring professional management and maximum returns.

NordFX’s main investment funds:

  1. Pro-Industry Fund:
    • Minimum deposit: $500
    • Expected annual return: 14%
    • Success fee: 25% of profits
    • Features: Ability to withdraw and deposit funds at any time with minimal costs; includes assets from companies such as Coca-Cola and McDonald’s.
  2. FixPro-TECH Fund:
      • Minimum deposit: $1000
      • Return for the previous year: 56%
      • Investment period: 6-12 months
  3. Pro-Expert Fund:
  • Minimum deposit: $3000
  • Investment period: 6-12 months

By registering with NordFX, traders can start a career in trading financial instruments and at the same time develop themselves as investors.

NordFX Affiliate Program

Introducing Broker:

  • Remuneration: up to 60% of the spread, with the possibility of earning up to $12 per lot traded by the referred client.
  • Benefits: High commissions for each client transaction, advanced CPA model, high client conversion, excellent support.
  • Tools: Affiliates get access to promotional materials, including multi-lingual web pages, banners, widgets and additional resources for effective promotion.
  • Sub-affiliate system: Provides an opportunity to earn additional income through an extensive network of sub-affiliates.

NordFX offers one of the most modern and profitable affiliate programs on the market, providing partners with all the necessary tools for successful and profitable cooperation.

Withdrawal options at NordFX

NordFX offers a variety of methods for withdrawing funds, each with its own features and fees:

  1. Bank transfer (USD/EUR):
    • Fees: Fees include the fees of the beneficiary bank and the correspondent bank.
  2. Visa and MasterCard cards:
    • Fee: 4% of the amount + $7.50 per transaction.
  3. WebMoney:
    • Commission: 0.8%, but not more than $50.
  4. Skrill:
    • Fee: 1% of the withdrawal amount.
  5. QIWI, Neteller, Perfect Money:
    • Commission: 0.5% of the withdrawal amount.
  6. Ngan Luong, PayToday:
    • Commission: 2% of the withdrawal amount.

NordFX Support

NordFX’s support team is available around the clock, providing assistance to clients at any time. You can contact support in the following ways:

  • Phone: Free calls to the numbers listed on the website.
  • Email: Send questions and inquiries through the email address provided.
  • Feedback Form: Filling out and submitting a form on the broker’s website to get answers to your questions.

These withdrawal methods and support availability make NordFX a convenient choice for traders looking for a reliable and affordable broker.

Advantages

  • Wide range of assets: The company offers trading in six asset classes including currencies, equities, indices, metals, energy and cryptocurrencies, giving traders extensive opportunities for portfolio diversification.
  • High CPA program: NordFX offers one of the most lucrative CPA programs in the industry, with the possibility of earning up to $700 per referred client, which is a significant incentive for partners.
  • Multilingual support: Support is available in 14 languages, providing effective communication and assistance to traders from all over the world.
  • Second level commission: The affiliate program includes second level commissions up to 10%, allowing affiliates to earn from attracting not only direct clients, but also other partners.
  • Competitive spreads: NordFX offers both fixed and floating spreads, making it suitable for different trading strategies and minimizing trading costs.
  • Free analytics: Clients have access to quality analytical information and market reports to help them make informed trading decisions.
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NordFX Personal Account Overview

Step 1: Register through an affiliate link

To start working with NordFX, go to the broker’s website. On the main page, find and click the “Open an account” button.

Step 2: Filling in the registration form

Go through the registration process by entering the required data: phone number, e-mail, surname, first name and selected account type.

Step 3: Confirm registration

After filling out the form, a confirmation code will be sent to the specified number or mail. Enter this code to complete the registration. Before funding your account, don’t forget to go through the verification process of your account.

Step 4: Using NordFX personal account

The following functions will be available to you in your NordFX personal account:

  • Financial transactions: view balance information, history of deposits and transfers.
  • Personal Settings: customize your account settings.
  • Help & Support: Access documentation and support.

Additional features in the personal account:

  • Funds management: view account statistics, make withdrawal requests.
  • Trade management: analyze trading statistics, data on copying trades.
  • Affiliate programs: management and analysis of affiliate programs profitability.

Answers to questions

  • How can I open a trading account with NordFX?

  • What types of accounts does NordFX offer?

  • What deposit and withdrawal methods are available at NordFX?

  • What tools and resources are available to traders on the NordFX platform?

  • Does NordFX provide any investment programs?

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