NordFX
Your Gateway to Global Trading
Trade Forex, Stocks, Indices and Commodities with competitive spreads
Key Broker Details
Quick Facts
Regulation
VFSC (Vanuatu), FSA (St. Vincent & Grenadines), FSC (British Virgin Islands)
Country
Vanuatu
Min. Deposit
$10.00
Spreads
From 0 pips (Zero accounts); average 0.2-1 pip on majors like EUR/USD
Pros
What we like
- Low minimum deposit ($10)
- Zero-pip spreads on select accounts
- High leverage up to 1:1000
- Crypto trading available
- Copy trading platform
- Fast withdrawals via crypto
Cons
Areas for improvement
- Offshore regulation only (VFSC)
- Limited assets (~100 total)
- Withdrawal delays reported
- Poor customer support
- No negative balance protection
- High spreads on basic accounts
Broker Summary
NordFX is an established forex and CFD broker founded in 2008, serving over 1.8 million clients worldwide. It offers trading in forex pairs, cryptocurrencies, commodities, indices, and stocks with competitive conditions, including low spreads from 0 pips, high leverage up to 1:1000, and support for algorithmic trading. The broker emphasizes fast execution (0.1 seconds), negative balance protection, and multilingual support in 17 languages.
Trading Platforms
Mobile Trading
✓ Yes
Web Trader
✓ Yes
Safety & Regulation
Capitalization
Not publicly disclosed (private offshore entity)
Insurance
No formal investor compensation fund (due to offshore status), but negative balance protection and fund segregation provided
Licenses
VFSC (Vanuatu) License 15008/40289; FSA (Seychelles) SD065; FSC (Mauritius) GB24204016; SEBI (India) registration
Jurisdictions
Vanuatu, Seychelles, Mauritius, Saint Lucia, India
Trading Tools
Social Trading
Econ Calendar
Account Managers
Payments
Over 25 options including fiat currencies (USD, EUR) and cryptos (BTC, ETH, USDT, etc.)
NordFX Overview
Comprehensive broker information and trading capabilities
Languages & Region
17 languages: English, Arabic, Bengali, Chinese, Hindi, Indonesian, Japanese, Malay, Persian, Portuguese, Sinhalese, Spanish, Thai, Vietnamese, and more
Vanuatu
Pricing & Fees
Commission-free on Pro accounts; $3.50 per side on Zero accounts; no inactivity fees; swap rates vary (positive on some pairs like EUR/USD shorts); 3.8% annual interest on free margin
Deposit Methods
Bank wire, credit/debit cards (Visa/Mastercard), e-wallets (Skrill, Neteller), cryptocurrencies (BTC, ETH, USDT), local methods (e.g., UPI in India)
Withdrawal Methods
Bank wire, credit/debit cards (Visa/Mastercard), e-wallets (Skrill, Neteller), cryptocurrencies (BTC, ETH, USDT), local methods (e.g., UPI in India)
Trading Platforms
MetaTrader 4, MetaTrader 5
Leverage
Up to 1:1000
Account Types
most-trusted
Customer Support
24/5 live chat, email (support@nordfx.com)
Fund Security
VPS Hosting
NordFX Insights & Features
Discover what makes NordFX stand out with comprehensive tools and resources
News & Analysis
Market insights and analysis
Weekly reviews and signals; integrated MT news feeds; awarded "Best News & Analysis Provider" (2018, 2023)
Top Feature
Standout platform feature
Ultra-low spreads from 0 pips with ECN execution and 24/7 crypto trading
Research Tools
Advanced research capabilities
Weekly market analytics, signals via MT4/MT5, economic indicators
Educational Resources
Learning materials and courses
Basic: Articles, videos, and webinars on forex basics; limited advanced content
NordFX Account Structure
Compare account types and features
NordFX Account Types
| Feature | Fix Account (MT4/MT5) | Pro Account (MT4/MT5) | Zero Account (MT4/MT5) | Savings Account (Crypto-Focused) | Demo Account |
|---|---|---|---|---|---|
| Minimum Deposit | $10 | $10 | $100 | $10 (crypto only) | $0 (virtual funds) |
| Spreads | Fixed from 2.0 pips (predictable) | Floating from 0.5 pips (avg. 0.9-1.2 pips on majors like EUR/USD) | Floating/raw from 0.0 pips (avg. 0.2 pips on majors) | N/A (staking/passive; no spreads) | Mirrors live accounts |
| Commissions | None | None | $3.50 per side per lot (~$7 round turn; 0.0035% per trade) | None (staking yields) | None |
| Leverage | Up to 1:1000 | Up to 1:1000 | Up to 1:1000 | Up to 1:100 (crypto only) | Up to 1:1000 |
| Execution Type | Market Maker (instant) | STP (straight-through processing) | ECN (interbank liquidity, fastest) | N/A (DeFi-based staking) | Mirrors live execution |
| Suitable For | Beginners needing stable, predictable costs; low-volume traders | General/beginner traders, scalpers, EAs; balanced cost-efficiency | Advanced/high-volume traders, scalpers, algo pros prioritizing low costs | Passive investors in crypto; long-term holders seeking yields | Practice/testing strategies risk-free |
| Swap-Free (Islamic) | Yes (admin fee may apply) | Yes (admin fee may apply) | Yes (admin fee may apply) | Yes (no swaps) | Yes |
| Copy Trading/PAMM | No | Yes (integrated PAMM/Copy system) | Yes (integrated PAMM/Copy system) | No (but eligible for investment funds) | Yes (mirrors Pro/Zero) |
| Available Instruments | All (forex, CFDs, crypto, metals, indices, stocks) | All | All | Crypto only (BTC, ETH, USDT, etc.; staking) | All |
| Other Features/Restrictions | Basic; no commissions but higher fixed spreads; ideal for newbies | Versatile; positive swaps on some pairs (e.g., EUR/USD shorts); no min. volume | Ultra-low costs for high freq.; paid VPS eligible ($13.95/mo via Fozzy); best for pros | Up to 30% annualized staking yield (DeFi tech); passive income; limited to crypto | Unlimited virtual funds; expires after 90 days inactivity; mirrors all live conditions |
| Additional Costs | Swap fees (triple on weekends) | Swap fees (varies; positive options) | Swap fees + commissions | None (yield-based) | None |
Trading Features & Conditions
Explore NordFX's comprehensive trading ecosystem
Max Leverage
Up to 1:1000 for many account types
Risk Management
The broker offers a “RAMM” service (Risk Allocation Management Model) allowing automatic stop when a preset risk level is breached.
Special Conditions
E.g., high leverage up to 1:1000; ECN style access in “Zero” accounts; free margin interest on some accounts.
