As I said earlier, nord fx offers 3 main account types, including Fix, Pro and Zero. Some accounts (such as the Zero Account) offer commission-free trading, whereas others may charge slightly higher fees and market execution rates. All in all, NordFX is a good choice for either new or experienced investors, offering easy access to a wide range of financial instruments. The inclusion of managed accounts is certainly a differentiating factor. There is also a learning center with educational videos covering MetaTrader, trading strategies, and beginner and advanced concepts, along with 24 hours customer support Monday to Friday.
- Start by selecting the department you wish to contact, with options including customer service, payments, technical support, marketing, introducing brokers, and human resources.
- The lack of expiration date is nice since many other brokers limit the amount of time that traders can use a demo account.
- Where users refer a friend that goes on to make a deposit, the referrer receives 10% of that deposit as a cash bonus.
- For those concerned about security, you can limit the IP addresses from which it is possible to access your Trader’s Office.
- If you are wondering if NordFX is fake or real, then rest assured that NordFX is a legitimate broker regulated by Vanuatu Financial Services Commission (VFSC).
- NordFX is a relatively safe broker from an operational angle, with trades executed in under half a second.
The price for the forex VPS from Fozzy for NordFX clients is twice cheaper than the standard price, delivering savings. There is also 24/7 uptime with the VPS so expert advisors can trade without interruptions. The service is also simple to use and reliable thanks to daily backups of all the stored data. Unsurprisingly, there is also an economic calendar that lets traders know which upcoming events may influence the markets. The economic calendar includes the time and date for each event, as well as the title, the currency, the impact, and figures for actual, forecast, and previous.
NordFX accepts traders from Australia, Thailand, United Kingdom, South Africa, Singapore, Hong Kong, India, Norway, United Arab Emirates, Saudi Arabia, Kuwait, Qatar and most other countries.
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Trading with a regulated broker will limit the potential for fraud and malpractice. I always recommend traders to check for regulation and verify it with the regulator by checking the provided license with their database. NordFX also appeals to those who manage multiple accounts or traders with several accounts by offering trading via MetaTrader 4 MultiTerminal. This platform is specifically designed for managers and traders who have to work with multiple accounts simultaneously. The interface is highly user-friendly, and it includes all of the major features of the MetaTrader 4 platform.
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The features of the Android platforms available from NordFX are essentially identical to those of iOS platforms, including the full list of features mentioned above. The Android application has an intuitive interface and delivers the features of MetaTrader 4. Because of its popularity and widespread use, NordFX traders can use MetaTrader 4 on a lengthy list of devices. There are desktop versions for both Windows and Mac as well as mobile applications for both Android and iPhone. People who write reviews have ownership to edit or delete them at any time, and they’ll be displayed as long as an account is active.
Does Nord FX have ZAR accounts?
Here is a screenshot of the NordFX MT4 trading account during the London-New York overlap session, the most liquid one, where traders usually get the lowest spreads. A stand out feature of NordFX is the face they also offer managed investment funds, something that not many other similar brokers offer. The section for Testing Forex Robot Advisors looks at some of the more popular robot advisors for forex trading and tests them out. There are a range of advisors tested in this section, including simple to difficult ones and those that are free as well as paid advisors. To expand this section, NordFX also welcomes traders to submit their own results when using some of the robot advisors.
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The terminal maintains the same functionality as the original MT4 platform, while also providing manual or automatic distribution of trading volume for each account individually. NordFX offer forex trading with specific accounts for each type of investor. Overall, Nord FX provides four different account types, Fix account, Pro account, Savings account, Zero account, Islamic, Swap-Free, and Risk-Free Demo account options. The minimum deposit amount required to register a Nord FX Professional live trading account is $10 USD. NordFX offers three account types catering to different markets, ranging from beginners to professional investors. These include 33 currency pairs, 11 cryptocurrency pairs, gold, silver, and a variety of commodities.
Partnering with NordFX.We Invest in Clients
I find them enough to touch the topics beginner traders should research. NordFX also features over a dozen articles, where new traders get quality written content. Please note that equity markets open and close each trading and are not operational continuously like Forex and cryptocurrencies. I like the overall regulatory environment of the Vanuatu Financial Services Commission.
Customer support is available 24/5 and a small FAQ section is also present on the broker’s website. They can help with any questions you may have, including country-specific complaints (like India), demo account login, user agreement issues, and more. The MT4 integration is a significant step for NordFX and illustrates their approach to professional trading. Implementing the ‘de facto’ pro trader tool set sets the brand apart from other competitors of similar standing and moves the firm up the pecking order of online brokers. Execution is also automatic, meaning that even while you’re not logged in to the MT4 platform, you will be placing trades. However, note that while this can result in passive profits, it means that your capital is at risk even while you’re not at the trading desk.
The MetaTrader interface also means users can invest on the go, while the servers are robust and efficient, providing a reliable service for professional, frequent traders. All in all, NordFX is a good choice for either new or experienced investors, giving easy access to a wide range of financial instruments. The inclusion of VPS and managed accounts are also two differentiating factors. To take part, existing Pro account holders simply need to carry on depositing funds and trading. New users will need to open an account, deposit at least $200, and trade 2 lots.
Investors have a choice between setting up a Fix, Pro, or a Zero account. All accounts have a minimum lot size of 0.01 and a maximum number of 100 open positions or pending orders. Regulation is super important in trading as naturally, part of the job is risking your money.
Now new features like addition Mega Lottery offers are providing us an extra possibilities to earn more beside our regular day to day trading. Trading FX or CFDs on leverage is high risk and your losses could exceed deposits. You need to contact the support team by email at or by phone (country-specific helplines can be found on the broker’s website) and request your account to be closed. However, make sure you check with your local authority if this is still valid when you decide to invest. For traders who are looking to save time and effort on their research, there is the opportunity to purchase signals.
The platform is easy to pick up yet complex enough for experienced traders. There is a solid range of additional features, competitive spreads, and high leverage. Plus, the copy trading functionality allows both experts and beginners to profit from one another through signal sharing. NordFX offers a variety of additional features to entice potential users.
This is where you can choose to transfer funds to either MT4 or the Trader’s Office. If you do not select an option, the default is crediting the funds to your MT4 balance. For those concerned about security, you can limit the IP addresses from which it is possible to access your Trader’s Office. To do so, enter the IP addresses that are allowed, separating each by a comma, new line, or space. NordFX has an extensive record of delivering optimal performance for its users, dating back to 2008.
- There are a range of advisors tested in this section, including simple to difficult ones and those that are free as well as paid advisors.
- These instruments offer maximum protection of investments along with potential profits that exceed bank deposits.
- To do so, enter the IP addresses that are allowed, separating each by a comma, new line, or space.
- It is simple, user-friendly, and NordFX provides all the necessary information to make informed investments.
MetaTrader 4 is commonly considered the standard for forex trading, meaning that there are many tutorials and support resources available. MetaTrader 4 also has high-grade security for the trading transactions and can incorporate news feeds right into the platform. The lack of expiration date is nice since many other https://forexhero.info/ brokers limit the amount of time that traders can use a demo account. The only thing to keep in mind is that if your demo account is inactive for more than 14 days, it gets automatically deleted. You can easily create a demo account via MetaTrader 4 or MetaTrader 5 or in the Trader’s Office for your live account.
It’s fast when placing sell or buy orders and with the wide selection of trading strategies, you have many order types available. The programming language with this platform allows you to use expert advisers and apply individualized indicators, offering higher speeds of execution and more accurate price dynamics analysis. MetaTrader is an extremely popular platform, and MetaTrader5 is the most modern version available.
High leverage rates could mean NordFX is ultimately too risky for many potential investors. The minimum deposit for the NordFX Fix Account is $10 or a currency equivalent. The conditions to open the Zero account remain high, but I believe the trading conditions are worth the deposit. NordFX provides multilingual 24/5 customer supports, best reached via live chat.
The application is an excellent solution for those looking to stay tuned into the financial markets while on the go. NordFX offers a wide array of financial instruments, asset types, and markets. These are comprised of 33 currency pairs, 11 cryptos (including Bitcoin), gold, silver, and oil. In addition, you can trade CFDs in the form of 5 indices and 68 stocks. This is suitable for investors using multiple accounts at the same time.