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NordFX Review year : Pros & Cons Uncovered

by Hidrosave
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Investors can buy stock in fractional shares by specifying a dollar amount rather than the price of a whole share. A NordFX limit order is an order to buy or sell a stock with a restriction on the maximum price to be paid or the minimum price to be received. If the order is subsequently filled, it will only be at the specified limit price or better. However, having said this, there is no assurance of execution.

Their trading platform is good with a range of options to suit most traders. NordFX gives traders access to a vast range of educational resources as well. The Learning Center is an online resource that provides traders with the resources they need regardless of their skill levels. The educational information there can help all traders develop skills and get insights for successful trading. There are sections for forex, a glossary, the economic calendar, a Trader’s Guide to Markets, and the ability to test forex robot advisors.

If you have enough funds in your respective account, your bank account will be debited while the equal amount will be deposited into your NordFX account. Our mission is to provide online investors with the most unbiased, comprehensive reviews and ratings of self-directed brokers. However, traders can trade with Market execution with 20% stop-outs. NordFX also provides research tools like an economic calendar, trading calculator, and live market analysis. There is a learning centre with enormous educational videos on trading strategies for beginners and advanced traders. Thus, we always put our readers’ safety as a priority in our business line.

NordFX Review 2023 – What Should You Know About This Trading Broker?

Some NordFX research tools include charts, technical analysis, and NordFX trading indicators. Copy trading with NordFX allows users to copy trades executed by other NordFX investors in the financial markets. The goal of copy trading is for a NordFX trader to have the same positions as the NordFX investor they are copying.

  • The exact leverage that you will be able to get at NordFX will depend on the type of account that you have as well as the asset that you are trading.
  • NordFX traders can use the Trader’s Calculator to calculate their potential profit.
  • This is a simple and transparent way to invest in shares of the world’s leading companies, accessible even to beginners with a small capital.
  • NordFX also offers an autotrading service that runs through the MT4 and MT5.

While some bonds are traded publicly through NordFX, most trade over-the-counter between large broker-dealers like NordFX acting on their clients’ or their own behalf. Yield is therefore based on the NordFX purchase price of the bond as well as the coupon. A NordFX futures contract allows an investor to speculate on the direction of a security, commodity, or financial instrument available on NordFX. Typically, futures contracts are traded on an exchange such as NordFX; one trader agrees to buy a given quantity of securities or a commodity, and take delivery on a certain date.

NordFX Trading Fees

I always recommend traders to check for regulation and verify it with the regulator by checking the provided license with their database. Trading Forex, CFD, Binary Options, and other financial instruments carries a high risk of loss and is not suitable for all investors. The information and videos are not an investment recommendation and serve to clarify the market mechanisms. With this account, you will be able to trade up to 11 cryptocurrency pairs, 28 currency pairs, commodities like gold, silver, and oil, and CFD contracts for major stock indexes. You will have a maximum of 100 pending or open positions with a margin call of 40% and a stop-out level of 20%. Since NordFX specializes in foreign exchange, they have a lot of educational materials that focus on forex.


NordFX DMA accounts make individual contracts with each liquidity provider. The NordFX user interface is what NordFX traders will see and interact with first when trading with the NordFX trading platform. The goal of the NordFX trading UI is to make the NordFX user’s experience easy and intuitive. The NordFX application has good user experience and a good level of customer satisfaction. We have done an extensive review of the company and found it legit and recommendable. This broker provides maximum flexibility on deposit requirements for all traders.

NordFX Minimum Deposit Reviewed ☑️ ( – Forex Suggest

Cryptocurrency trading is not offered by NordFX, so you will need to find a NordFX alternative that allows you to buy and sell the underlying cryptocurrency assets. NordFX CFD trading on cryptocurrency assets is not allowed in the United Kingdom as set by the UKs financial regulator the FCA. Check to see if CFD cryptocurrency trading is allowed in your region with a NordFX alternative and make sure you undertand the risks fully before trading. NordFX mobile trading gives its users a platform to trade from anywhere in the world, as long as they have an internet or WiFi connection. The mobile trading app provides an ease of transacting while using a mobile device. This is because orders can be placed quickly and effortlessly.

Below is a list of nord fx review cost examples for buying and selling the EUR/USD, holding the trade for one night and seven nights, in the commission-based NordFX account. I had an advisor-robot that worked at NordFX, I myself there traded by hand. And here I read nonsense about them, that they steal money, got scared, decided to close the account, and take the money. And there is a lot of money there, consider my salary for 2 months. Now I will return money to them again, I only lost interest for the transfer back and forth. This website is using a security service to protect itself from online attacks.

NordFX Account Types Comparison

You can top up your account by bank transfer, Visa / MasterCard credit and debit cards, and WebMoney, Skrill, Neteller, Perfect Money, etc. e-wallets. This is a simple and transparent way to invest in shares of the world’s leading companies, accessible even to beginners with a small capital. NordFX offers several investment funds with a minimum investment amount of $ 500 and an investment period of 3 months to 1 year. For those with a more complex query, there is an online web form which can be completed in order to contact various departments or an email address to which questions can be sent. Those who prefer to speak to a representative can call one of the five telephone helplines based in different countries from India and China to Egypt, Russia and Brazil. The website itself can be accessed in 11 different languages, making this an ideal interface for those who speak languages other than English.


You can also graph out the order depth and see how the market looks across buys / sells. The NordFX MT5 platform has also included an Economic calendar right there so that you can see a timeline of the latest upcoming economic events / announcements. In terms of the platform itself, there are a host of other features that are not offered on the MT4. There is an updated User Interface that is slightly easier to navigate and is more intuitive than the MT4.

Base currencies are used for accounting purposes to refer to the currency in which an investor maintains their book of accounts. For foreign exchange market purposes, a base currency refers to the first currency in a currency pair and the second, the quote currency. Account fees charged differ between NordFX and other brokers. An account is a fee that NordFX and other brokers assesses on all accounts for the ability to keep an account on their platform. NordFX cautions possible traders that Forex and CFDs trading constantly carries a high level of risk, thus may not be appropriate for all investors.

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With its demo account, traders can access the same features and tools that are available on its real account. This includes real-time market quotes, customizable charts, and trading indicators. CFDs and trading in forex on margin, carries with it significantly high levels of risk and might not be compatible for all the investors. It is possible to lose some or all of your money and investment. Practice caution and see financial advice when unsure because what we offer here is NOT financial advice. We provide objective and unbiased reviews, analysis and commentary.

NordFX option strategies are the simultaneous, often mixed, buying or selling of one or more options which differ in one or more of the options’ variables. A NordFX stop-limit order is an order to buy or sell a stock that combines the features of a stop order and a limit order. Once the stop price is reached, a stop-limit order becomes a limit order that will be executed at a specified price . The NordFX stop-limit order triggers a limit order when a stock price hits the stop level. A NordFX stop-limit order can be helpful when trading if you are unable to watch your trades all day. Apple Macs and MacBooks can easily handle the most important requirements when using the NordFX trading platform.

As the name suggests, a Savings account is meant to be used for saving, with a 30% average yearly interest. However, you can take out a loan on this account and use the funds for trading, with a 3% annual interest. Note that the account balance is kept in crypto, more specifically USDT, DAI, or USDC. The company uses another domain, nordfx.io, registered in Ukraine in 2018 for crypto trading. But firstly, we want to invite you to read our recently updated SGT Markets, FXGiants and T1markets broker reviews. NordFX uses the MetaTrader 4 platform, and it is widely used in business.

Beginner’s Guide to NordFX Review 2021 – Is it Safe? All The Pros … – Blockonomi

Beginner’s Guide to NordFX Review 2021 – Is it Safe? All The Pros ….

Posted: Thu, 13 Dec 2018 14:46:32 GMT [source]

Deposits required for this bonus vary from only $100 to $5,000. The bonus requires a specified trade amount for each bonus amount (e.g. a deposit of $200, will generate a $200 bonus, only if the trader traded 40 lots). Especially when traders use NordFX’s leveraged accounts, they should make sure to maintain a sufficient level of margin to sustain their positions. Nord FX offers anAffiliate Option and an Introduction broker option. With the Affiliate options, they have made over R partner payments. Precious metals are another dependable investment for traders.

It is also worth bearing in mind that although this https://forexhero.info/ is regulated, traders should not expect the same level of client protection as in the EU, UK, USA and Australia. This is an investment service that allows investors to earn money by transferring funds to PAMM account managers, and they, in turn, receive good commissions for successful trading. If you have a working strategy, but no capital, then you can open a PAMM account as a manager and attract investors, showing good profitability.

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