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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.

What 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.

NSFX Service Details

MT4 vs JForex

NSFX offers 3 different trading account types.

MT4 Fixed MT4 ECN JForex
Account Type Forex Forex Forex
Trading Platform MT4 MT4 JForex
Minimum Deposit $300 $3,000 $5,000
Accout Currency EUR,GBP,USD EUR,GBP,USD EUR,GBP,USD
Execution Type NDD
(Instant)
ECN
(Market)
STP
(Market)
Leverage 200:1 100:1 100:1
Spread Type Fixed Floating Floating
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
Decimal Pricing 5 5 5
Margin Call % 80% 80% 80%
Stop Out % 20% 20% 20%
EA (Automated Trading) Not Allowerd Allowed Allowed
Scalping Not Allowerd Allowed Allowed
Hedging Allowed 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.

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