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NordFX

   

Company Details

Headquarters Ebene, Mauritius
Type of Broker Market Maker & STP
Founded 2008
Regulated By CySEC (Cyprus), FSC (Mauritius), IFSE (Belize), SEBI (India)
Offices In Mauritius, India
Supported Languages English, Russian, Spanish, Portuguese, Chinese, Arabic, Hindi, Farsi, Bengali
Website Visit Website

Account Details

Account Currencies EUR, USD
Minimum Deposit $5
Traders from USA No
Clients Funds Segregated No
Interest on Margin No
Islamic Accounts Yes
Islamic Account Restrictions No
ECN / STP Accounts Offered Yes
Commission on STP or ECN From $3.5/Lot (MT-ECN accounts, volume dependant)
VIP Accounts Offered Yes
VIP Account Requirements $50,000 Minimum Deposit
Mini Accounts Offered Yes
PAMM / MAM Solutions No
API Solutions No
Mobile Trading Yes
Web Based Trading No
Funding Methods Credit/Debit Cards ,Wire Transfer ,WebMoney ,Skrill ,Neteller ,PayWeb ,Perfect Money ,OKPAY ,Z-Payment ,CashU ,FilsPay ,EgoPay ,FasaPay ,AlphaClick ,QIWI ,and more
Withdrawal Methods Credit/Debit Cards ,Wire Transfer ,WebMoney ,Skrill , Neteller ,PayWeb ,Payza ,QIWI

Platform Details

Platforms Offered MetaTrader 4, MetaTrader 5, MetaTrader 4 MultiTerminal, MetaTrader 4 Mobile, MetaTrader 4 Android, MetaTrader 4 iOS, MetaTrader 5 iOS, MetaTrader 5 Android, SpotOption
NO of Pairs 37
Pricing Digits 4 and 5
Trade off Charts Yes
One-click Execution Yes
Email Alerts Yes
Mobile Alerts Yes
MetaTrader Server Time (Winter) GMT + 1
Demo Account Expiry 2 Weeks of Inactivity
VPS Offered Yes
Free VPS Conditions Discounts for clients at a 3rd Party run VPS Hosting Service

Trading Details

Dealing Desk No
Maximum Leverage 1000:1
Minimum Contract Size 0.01
Execution Instant Execution MT4 & MT5 Accounts
Hedging Yes
Scalping Yes
Scalping Restrictions No
Option of OCO No
Option of FIFO No
Liqudity Providers 2+
Negative Balance Protection No

Additonal Instruments

Metals Yes
Binary Options Yes

NordFX Reviews Click here toWrite a NordFX Review

  • FX Brother
  • Aug 11, 2016
  • Country: Czech Republic
triangle img Look what Theodpolous wrote at tradingt about this Lorenz V: “The guy below is Lorenz Vauck, he is a known forex broker scammer so don’t trust his post below. Nordfx are a decent broker Lorenz is not an honest trader.” I fully agree with Theodpolous, NordFX is a serious and honest broker. Why, when somebody tries to cheat a bank, it is a crime, and to cheat a broker – is it normal? Don’t forget, that if a broker has problems caused by scamming, we can have problems as well.
  • Lorenz V.
  • Jul 19, 2016
  • Country: Germany
triangle img NordFX are outright SCAMMERS when it comes to you making profits with them. They have outright STOLEN 2000 Euro of profits Ive made with them. I have been trading with them since May 2016 and have become pretty profitable the last 2 months finally with my scalping strategy (which is permitted on all accounts like their website explicitly states). Now it was time to withdraw some of my profits since I desperately needed the money I traded so hard for, sitting in front of the screen for 10 hours+ a day for months. When I requested the withdrawal, 10(!) minutes later Ive received this email from them: "Hello. We inform you that your trading accounts 1047186, 1047380, 1070661 and 1070662 were blocked for the client agreement terms violation. Initial funds were returned. -- Your sincerely NordFx Finance Dept., Sergey," Screenshot: https://s31.postimg.org/pa4p26017/nordfx_email.jpg They outright blocked ALL my trading accounts I had with them! I had the Micro, the Standard and all the others since I wanted to try them all out. But Ive requested the withdrawal only from the Standard account, yet they also have closed the Micro which also had money in it but where I didnt trade for a while. I cant get the money out of the micro account either since they have blocked backend access on their website for me completely for ALL accounts: "Unfortunately, you can not log in to trader's cabinet: your account has been blocked" Screenshot: https://s31.postimg.org/n3bfnpnmz/nordfx_blocked.jpg All emails I sent them and asking what terms I have violated did stay unanswered - as well as any further communication attempts with them via email or their chat. Its kind of unbelievable that they say I have violated the client agreement, yet dont even mention which part of it (I guess it was the part of "profitable trading is forbidden under any circumstances"). It also adds to their "professionalism" that they dont even mention complete names in their emails, just "Sergey", so that you cant specifically refer to a person later on or report them to the police. So I did some further research and found that they are actually based out of Russia. Yes, the website says Mauritius and what not, but its clearly operated out of Russia if looking at the IPs in their emails where theyve originated from: "Received: from windows-8.1.shared (user-62-68-147-63.tomtelnet.ru [62.68.147.63])" Screenshot: https://s31.postimg.org/mzvuvudgr/nordfx_email_header.jpg So their "office" (its nothing more than a PO box actually) in Mauritius is nothing less than a simple attempt to hide the fact that they are from Russia. What is even more interesting is that they mention they are registered with FSC Mauritius and are allowed to provide financial services there. A call to the FSC I did today confirmed that they are NOT LICENSED with them NOR ARE ALLOWED TO OFFER FINANCIAL SERVICES in Mauritius! The FSC will start an investigation on their operations right away as they told me. So their whole operation they have there is based on a complete fake and outright lies about being registered with the FSC. And on top, if you make profits, they will simply not send them to you and close your accounts instead. Hence I can only HIGHLY recommend to stay away from them under these circumstances. You can rather "donate" your money to some charity organization than to spend it on this fraudulent Russian operation. P.S.: After some more googling, it seems I am not the only one, just looking at a few sites reveals what they are really after (YOUR MONEY): http://www.tradecomplaint.com/search/sOrder,dt_pub_date/iOrderType,desc/pattern,Nordfx
  Short Long Type  
AUDCAD -0.60 0.30 0
AUDCHF -0.90 0.50 0
AUDJPY -1.00 0.60 0
AUDNZD -0.10 -0.20 0
AUDUSD -0.90 0.07 0
CADCHF -0.20 0.10 0
CADJPY -0.30 0.10 0
CHFJPY -0.10 -0.10 0
EURAUD 0.90 -1.80 0
EURCAD 0.10 -0.50 0
EURCHF -0.30 0.05 0
EURGBP -0.05 -0.10 0
EURJPY -0.10 -0.10 0
EURNZD 0.50 -1.75 0
EURUSD 0.05 -0.40 0
GBPAUD 0.60 -1.50 0
GBPCAD -0.10 -0.40 0
GBPCHF -0.30 0.05 0
GBPJPY -0.30 0.05 0
GBPNZD 0.60 -1.50 0
GBPUSD -0.45 -0.10 0
NZDCAD -1.00 0.50 0
NZDCHF -0.90 0.40 0
NZDJPY -0.80 0.40 0
NZDUSD -0.90 0.40 0
USDCAD -0.10 -0.40 0
USDCHF -0.20 -0.10 0
USDJPY -0.10 -0.10 0
USDNOK 1.50 -4.20 0
USDSEK -0.50 -0.20 0
XAUUSD -0.20 -0.30 0
XAGUSD -0.02 -0.10 0
Please Select Which Swap to Chart
Long Swaps Short Swaps
Symbol Volume  
AUDCAD 3
AUDCHF 21
AUDJPY 14
AUDNZD 8
AUDUSD 2
CADCHF 7
CADJPY 17
CHFJPY 23
EURAUD 16
EURCAD 3
EURCHF 14
EURGBP 7
EURJPY 22
EURNZD 10
EURUSD 4
GBPAUD 1
GBPCAD 2
GBPCHF 10
GBPJPY 40
GBPNZD 11
GBPUSD 6
NZDCAD 1
NZDCHF 2
NZDJPY 10
NZDUSD 6
USDCAD 2
USDCHF 3
USDJPY 16
USDNOK 53
USDSEK 23
XAUUSD 22
XAGUSD 2

Typical Spread on Majors -Live

 
EUR/USD 1.6
GBP/USD 2.2
USD/JPY 1.6

Company Details

NordFX

Established in 2008, NordFX provides clients from over 100 countries with platforms and services for trading Forex, precious metals and binary options. NordFX always keeps abreast of modern technology, regularly expands its range of trading currencies and financial instruments and uses up-to-date software. We currently offer the most popular programs for internet trading at option – MetaTrader 4, MetaTrader 5 and MetaTrader Mobile – to help our clients to access their personal accounts and quotes from anywhere in the world.

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