NordFX – Online Forex and CFD Broker
NordFX is an online Forex and CFD broker founded in 2008.
By opening an account with NordFX, you can invest in Forex, Gold, Silver, Stock Indices, Stocks (CFD) and Cryptocurrency pairs online.
The registration to NordFX involves no paperwork or office visits, and takes only a few minutes to complete.
Visit the official website from below, go to the online registration page and get started today.
Go to NordFX Official Website
This page continues to introduce the NordFX’s company information and service details.
- NordFX Company Information
- NordFX’s Trading Conditions
- Opening Forex Trading Account with NordFX
- Fund Deposit and Withdrawals to/from NordFX
NordFX Company Information
NordFX is an online Forex and CFD broker in Vanuatu.
The broker is licensed by VFSC in Vanuatu.
According to the Official Website, NordFX has achieved to open over 1,200,000 accounts for investors from over 100 countries.
NordFX has been awarded over 30 industry awards, and their main advantages are minimal spreads, immediate order execution and high leverage ratio of 1:1000.
NordFX also offers accounts with the direct ECN flow.
The ECN account charges no commissions thus allowing clients to trade with raw spread while benefiting from less than 0.5 second order execution.
For any inquiries, NordFX’s multilingual support team is available for 24/5.
For more information about the company, please visit the official website from below.
NordFX Official Website
NordFX’s Trading Conditions
NordFX offers 3 account types for trading of 33 Forex currency pairs, precious metals, Indices (Stock Indices), Stocks (CFD) and Cryptocurrency pairs.
The available trading platforms are MT4 (MetaTrader4) and MT4 Multi Terminal.
All platforms are compatible for both desktop PC and mobile phones (iPhone and Android).
Multi Terminal is offered for traders and managers who work with several accounts at the same time.
Forex, Gold, Silver, Stock Indices, Stocks (CFD) and Cryptocurrency pairs are available for trading in one trading account.
The available Cryptocurrency money include Bitcoin, Ethereum, Dash, BABcoin, Bitcoin SV, Ripple, ZCash, EOS, Ethereum Classic, Litecoin and OmiseGo.
Swap points (overnight financing charges) for Crypto-currencies and Indices are charged at 00:00, 6:00, 12:00, 18:00 by server time.
Go to NordFX Account Types Comparison Page
The minimum spreads for major currency pairs are 0.2 to 2 pips.
The maximum leverage is 1:1000 with NBP (Negative Balance Protection) which protects investors from exceeded losses.
The order execution speed is about 0.5 seconds for both instant and market execution types.
The conditions above can be different depending on the account types.
For money managers, NordFX offers PAMM accounts (Percent Allocation Management Module) which is able to manage multiple trading accounts of investors at the same time.
For EA traders (Expert Adviser), NordFX recommends the Fozzy Forex VPS as a virtual server which is located together with NordFX servers.
The VPS is available from 9.95 Euro per month.
Open NordFX Live or Demo Account
Opening Forex Trading Account with NordFX
NordFX Real (live) trading accounts
To open an account with NordFX, please go to the Account Types Comparison page.
There, you may choose your account type to trade Forex and CFDs, then proceed to “Open Account”.
No documents are required for account registration. Nonetheless, in some cases, account verification may be necessary, for which scan copies of 2 documents are provided – a photo ID and a proof of residence as entered in the trading account registration form.
NordFX Account Types Comparison Page
NordFX Demo (virtual) trading accounts
Demo accounts are free of charge and have no date of expiry.
However, if a demo account stays inactive for over 14 days it will be deleted.
To open a Demo trading account, set up and launch MetaTrader4 then the demo account registration form appears during the initial launch of the trading platform.
After registration is completed, the demo account details will be displayed on the screen.
You will also receive a message with the account logins by internal mail in the trading terminal.
The message can be viewed in the “Mailbox” tab of the “Terminal” panel.
A demo account can also be registered in MetaTrader4 at any time.
The demo account registration form can be opened by the commands “File” – “Open an Account,” or by clicking the right mouse button on “Accounts” in the “Navigator” panel and selecting “Open an Account” in the menu.
Go to NordFX Official Website
Fund Deposit and Withdrawals to/from NordFX
The required minimum deposit amount to start trading Forex and CFDs with NordFX is 10 USD. (depending on the account type)
The available account base currencies are USD, ETH (Ethereum) and BTC (Bitcoin).
If the base currency of the transferred fund and the account are different, the amount will be automatically converted before crediting.
NordFX’s trading account can be funded via bank transfer, VISA and MasterCard, online payment systems (e.g. WebMoney, Skrill, NETELLER, PayWeb, Payza and others) or an online exchange service.
To make a deposit, log in to the Trader’s Office from the Official Website, go to “Financial Operations” – “Funds Depоsit,” choose a suitable payment system and submit a request.
Note that if you use a bank card to make a deposit, your bank card and trading account have to be verified first.
Login to NordFX Client Portal
Account verification is done in the “Upload Documents” section and card verification – in the “VISA and MasterCard Verification” section of the Trader’s Office.
If you made a deposit but it never showed up on the trading terminal balance, log in to the Trader’s Office and leave a notification with the transfer details in the “Lost Transfer Notification” section there. After that, the money will be credited to your account balance within one business day.
All fund withdrawal requests are processed daily from 9:00 to 18:00 CET.
Withdrawals aren’t carried out on weekends and holidays.
If a withdrawal request is submitted after 18:00, it’ll be transferred to the next business day.
In case of online payment systems, funds are credited to your account right after the withdrawal request has been handled.
Transfers to VISA and MasterCard bank cards take 5-6 business days, and a bank transfer takes 3-5 business days on average.
CFD Service. Your capital is at risk.