NSFX’s MetaTrader4 or JForex. Which one would you choose?
There are dozens of online trading platforms for FX traders though, it is hard to define which one is better and it also depends on each trader’s preference.
This time, we like to compare MT4 and JForex trading accounts of NSFX.
As NSFX offers both trading platforms online, it is easy to compare the differences of trading conditions.
Who is NSFX?
NSFX is an online Forex & CFD brokerage firm in Malta, regulated by MFSA.
The broker’s service is focused on “Safe and Fair” trading environment with ECN execution. (ECN stands for Electronic Communication Network)
You can find the full information of the broker from below.
MT4 vs JForex
NSFX offers 3 different trading account types.
|MT4 Fixed||MT4 ECN||JForex|
|Minimum Spread||from 3 pips||from 0.1 pips||from 0.1 pips|
|Trading Commission||N/A||$8 per 1 Lot||$8 per 1 Lot|
|Minimum Trading Lots||0.01||0.01||0.01|
|Maximum Trading Lots||Unlimited||Unlimited||Unlimited|
|Margin Call %||80%||80%||80%|
|Stop Out %||20%||20%||20%|
|EA (Automated Trading)||Not Allowerd||Allowed||Allowed|
|News Time||Not Allowerd||Allowed||Allowed|
Only the “MT4 Fixed” account is offered with “Instant Execution”.
Both “MT4 ECN” and “JForex” accounts are offered with ECN execution with no restrictions on trading methods.
With NSFX, you can open all 3 of these account types and compare by trading by yourself.