NordFX

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Broker NordFX
Company Nord Group Investments Inc., (reg.# 082831 C1/GBL)
Year since 2008
Headquarters Port Louis, Mauritius
Regulation (Mauritius)FSC (# C108006311); .CySEC
Model ECN & STP
US Clients no
Min Deposit($) 5
ECN Account Min Deposit($) 1000
ECN Commission($)/rtl(Round Turn Lot) $5 – $7
Offer Fixed Spread yes
Offer Variable Spread yes
EURUSD Lowest spreads (pips) 2 -Mini account; 1 -Standard account; 0 -ECN
Account Currency USD, EUR
Max Leverage 500 (100 – ECN)
Minimal Lot 0.01
Deposit Method Bank Wire, -Skrill, -WebMoney, AlertPay
Withdrawal method Bank Wire, Credit Card, -Skrill, -WebMoney, AlertPay
Scalping yes
Hedging yes
All EAs Allowed yes
Currency Pairs 37+
Gold yes
Gold Spread(100oz) 50
Silver yes
Silver Spread(5000oz) 4
Oil yes
CFDs yes
Other Instruments Commodities Trading
MAM/PAMM Accounts MAM
Managed Accounts no
Swap-free accounts no
Segregated Accounts no
Interest on Margin no
Bonuses & Rewards yes
Trading contests yes
Trading platform MT5, MT4 (ECN), MT4 , Integral (NFX Trades),
Platform Execution
Platform Time Zone CET (GMT+1)
Trailing stops yes
OCO orders yes
One-click execution yes
Trade with mobilephone yes
Trade in browser yes
API yes

Company: Nord Group Investments Inc., (reg.# 082831 C1/GBL)

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7 thoughts on “NordFX

  1. Theodpolous says:

    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.

    Did you find this review helpful? Yes   No

  2. Lorenz V. says:
    Rating

    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.

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    Feedback: 3 positive
  3. Alex Luis says:
    Rating

    This is a truly professional ECN forex broker with good customer support service. I have been using them for 2 years and happy with them. Reliable and honest forex broker, recommended to all!

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    Feedback: 1 positive, 3 negative
  4. FxLingo says:
    Rating

    Nordfx is a good broker that offers free forex bonus.

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    Feedback: 2 positive, 1 negative
  5. Lois says:
    Rating

    regulated by FSA of Mauritius . On micro accounts spread is fixed, 2 pips on eurusd
    Min, lot 0.01 On mini and classic accounts spread is dynamic, from 1 pips, liquidity from Currenex

    Did you find this review helpful? Yes   No

    Feedback: 2 positive
  6. edo says:

    Try Nordfx with 8$ welcome bonus and you will understand what you need, it is good chance to try the real account.

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    Feedback: 1 positive, 1 negative
  7. Carl says:

    I have been using them for long time, currently everything is ok.

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    Feedback: 3 positive