Nord FX Review

Nord FX
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Overview

Forex broker Nord FX, founded in 2008, is a popular company providing the quality service for trading.

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Details

BrokerNord FX
Website URLnordfx.com
Founded2008
HeadquartersOffice 113, Medine Mews, La Rue Chaussee, Port Louis, Mauritius
Support Number+8-804-33-34-516
Support TypesChat, phone, email
Minimum 1st Deposit$5
Minimum Trade Amount1$
BonusUp to 100%
Leverage1:1000
Spreadfrom 0.0 points
Free Demo Account Open Demo
Regulated Yes
RegulationCySEC (№209/13)
Account TypesDemo, Standard, Micro, 1: 1000, Standard-MT-5, MT-ECN, Premium, Crypto
Deposit MethodsBank transfers, MasterCard and Visa, Neteller, Qiwi, Skrill, Webmoney, Eleksnet, HandyBank, etc.
Withdrawal MethodsBank transfers, MasterCard and Visa, Neteller, Qiwi, Skrill, Webmoney, Eleksnet, HandyBank, etc.
Number of Assets100+
Types of AssetsForex, binary options, stock CFDs, futures, metals, commodities, indices, energy, crypto-currencies (Bitcoin, Ethereum, Litecoin)
Account CurrencyUSD, EUR
US Traders Allowed No
Mobile Trading Yes
Overall Score3/10

Full Review


Forex broker Nord FX, founded in 2008, now is the popular company known in the international market of broker services as a leader providing the quality innovative service for trading. For several years already it makes the stable access to Forex interbank currency market possible for its users. Brand Nord FX belongs to NFX Capital MU Inc, registered on Mauritius island, is world-renowned.

However, is Nord FX a scam or a presentable company worthy of your time and trust? We answer this question in the detailed broker overview.

The main profile of Nord FX is the financial assets management, trade executions and financial transactions performance in stock, currency and futures markets, brokerage. The broker is presented with lots of official branch offices around the globe, among them the Russian representation office in Novosibirsk. It is consistently nominated for various financial awards (so the broker is credentialed and reliable company in certain countries and international market; its affiliate programs are award-winning, Nord FX high dealing quality, according to the overview of the best companies made by the respectable British magazine CFI, the company acquired the title of the best broker in the world).

Nord FX does not rest on its laurels, continuously extends the capabilities of its customers, offers a wide range of services for trading in Forex international market, affords an opportunity for settlements of CFD contracts for futures, goods and energy, precious metals and stocks. Among trading tools Forex currency pairs, gold and silver trading, binaries are available.

At traders disposal there are also professional managers support, informative website, bonuses, analytics. One can choose several trading terminals: Metatrader4, Metatrader5, CQG или ZuluTrade, NFX Trades, the world known ECN platform Integral, terminal SpotOption for binary trading. The wide range of accounts is presented: micro; standard; МТ5 standard; NordFX MT-ECN for professionals, ECN innovative system (allows getting access to quotations directly from the interbank market); 1:1000; Premium; Crypto.

The company offers the favorable trading terms for novices nd professionals: the availability of demo account, stocks, 24 hours support, trading signals, various withdrawal methods, minimum deposit – all this makes your trading more easy and smooth. There are informative articles about binaries, introductive and advanced courses, e-books available on the website.

 

Deposit and withdrawal

Nord FX offers plenty of deposit and withdrawal methods. To add funds on a trading account you need to sign up by the broker, bring in the sum choosing the convenient transaction way (minimum deposit is up 5$). For withdrawal the trader may also use the current payment systems, from usual plastic cards to digital wallets:

  • plastic cards of MasterCard and Visa systems,
  • currency bank transfers,
  • online transfers (Yandex Money, Alertpay, Neteller, Perfect Money, Qiwi, RBKMoney, Skrill, Webmoney),
  • payment terminals of Elexnet and HandyBank networks,
  • online exchange offices.

Deposit and withdrawal are executed in the same way. The deposit is executed immediately. There are no restrictions concerning the minimal withdrawal sum, the maximal withdrawal term is 5 banking days, depending on a payment system.

 

Complaints against Nord FX

On the Russian market Nord FX is represented not that effective as its competitors, with lots of different feedback in the Internet. Some traders are positive, pointing trust, reliability and stability of the broker, along with lucrative bonuses, perfect trading conditions, quick withdrawal, and variety of trading tools.

There are the negative feedback, too, which is quite informative: withdrawal complications, steadily insecure work of the trading platform, incompetency and long wait for support service answers, gratuitous cancellations of transactions. We cannot but hope that the company plans following the feedback in Internet to enhance the service. To avoid negative dealing with the broker, verify the account fully, ask your account manager about specific aspects of working with terminal, bonus usage pattern and withdrawal procedure.
If any complaints against Nord FX appear, we will certainly make them public in social media. Subscribe for updates.

If we find complaints about Nord FX, we will post it on social media. Follow us to be well informed:

 

Nord FX is it a scam?

Nord FX operates in the financial services market for almost 10 years already and justly considered one of the most professional and reliable companies, which keeps working, taking into account contemporary trading trends and offering the unique service for trading. The broker is widely represented all over the globe and has quite a big database of traders, enhancing the confidence to the company. The significant factor is the quality service delivery for trading. Trading may be effected both in the terminal MetaTrader 4, as well as in the one of the company’s convenient web terminals. The fact that the broker offers several quality inventions making the work comfortable, shows its willingness to invest significant funds to enhance its services for users. However we suggest you also to point your attention that there is many feedback in the Internet about company’s terminals, including negative. We recommend you to be careful and test the system for possible errors in advance.

As the advantage the informative website may be considered, with the interesting design (trading conditions, information about licenses, company history, its awards etc. are specified), availability of Russian version, bonuses, affiliate program — all this shows the serious intentions of the company in the market, certainly not possible for scam brokers. The company has several licenses making dealing with it much more safe.

However, can we say that Nord FX is a lottery scam? We answer this question with no, this answer is effected by the presence of licenses, mostly positive image of the company in the market, its own inventions of programs for trading, favorable trading terms and bonuses, wide range of tools.

 

Broker regulator

The broker is credentialed by the following bodies: International financial services commission (Belize, IFSC), Securities and Exchange Board of India (SEBI), Cyprus Securities and Exchange Commission (CySEC, 209/13).

Check Nord FX license on CySEC

 

Nord FX bonuses

Each company’s trader may get 2 bonus types:

1)bonus 55%
Special broker’s bonus for adding funds on deposit. To come in on the offer you need to add funds in amount of $100 and up to $8000. The offer works for novices of the platform. Be sure you asked for offer conditions by your account manager.

2)bonus up to 100%
One more lucrative broker’s bonus for the deposit within 48 hours after the account registration. Get up to 100% of the bonus plus free training, analyst advises and 6 strategies of Forex trading. To come in on the offer you need to deposit according to the company’s tariff plan. The bonus and starting deposit may be withdrawn after closing the required amount of round lots. No limits for withdrawal. Be sure you asked for offer conditions by your account manager.

 

Conclusion

Trading Forex broker Nord FX successfully provides online trading services all around the world almost for 10 years already and has the great database of traders. Despite of various feedback about the broker in Internet we do not consider Nord FX a scam now. We point also its professionalism, ample experience, along with its licenses and awards.

The company offers a quality web product and unique services, it keeps growing following contemporary trading trends in financial markets. However the feedback from traders we are expecting for this overview will not only effect the broker rating on the portal, but also warn market players of different problems.

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