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NordFX

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5.5
(83 Reviews)

Founded: 2008 Min Deposit: 10 USD

Headquarters: Limassol, Cyprus Max Lev: 1 : 1000

Risk Level II

NordFX has been added to the Investor Alert List of Malaysia SC and is operating without financial licenses.

Score
Business Scope
8.7
Trading Cost
5.8
Trading Platforms
5.8
Support
5.8
Licence Status

a broker with two regulation licenses

VFSC 15008
ROCIP 2023-00470
No longer Authorised
Registered
Contact
+357 25281682
support@nordfx.com
https://nordfx.com
Multiple Trading Instruments
Negative Balance Protection
No Inactivity Fee
Multilingual Support
Fast Deposit
Low Minimum Deposit
10+ Payment method
Islamic Account
Fast Withdrawal
Low Commission
Account & Cost Deposit & Withdrawal Company & Service Related Complaints Reviews

Deposit and Withdrawal

6.0

Average

fast deposit & withdrawal

Features

Fast Deposit
Low Minimum Deposit
Fast Withdrawal

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Company and Service

8.6

Very Good

good reputation & good customer service

Features

Good Reputation
Quick Response
Good Customer Service
Profile
Headquarters Address
14 Louki Akrita street, Ayias Zonis, 3030, Limassol, Cyprus
Founded 2008
Broker Type
STP,  ECN
Time Zone GMT +1
Credit Profile No information
Trading Platforms
MT4
Mac,  Windows,  iOS,  Android,  Multiterminal
Contact
No Data
Others
Website Language
Arabic,  Bengali,  Chinese,  English,  Hindi,  Indonesian,  Japanese,  Malay,  Persian,  Portuguese,  Sinhalese,  Spanish,  Thai,  Vietnamese
Customer Service By
Phone,  Email,  Live Chat,  Fax,  Facebook,  Twitter,  Instagram,  LinkedIn,  Youtube
Supported Language
Arabic,  Bengali,  Chinese,  English,  Hindi,  Indonesian,  Japanese,  Malay,  Persian,  Portuguese,  Sinhalese,  Spanish,  Thai,  Vietnamese

Related Complaints

Q&A Complaints

Does Noredfx have licenses?

Graham Hall
Cook Islands
2022-10-10
ANSWER NordFX claims it is owned and operated by NFX CAPITAL VU INC, a company regulated by the Vanuatu Financial Services Commission (VFSC) under license number: 15008. We indeed find a match result to NFX CAPITAL VU INC in VFSC.However, VFSC is a popular offshore regulator among forex brokers as capital (or bond) requirements are relatively small. A Forex license covering the online activities of a brokerage is issued in 2-3 months, which is indeed extremely fast. Moreover, there is no income tax, capital gains tax and inheritance tax in the country. So VFSC-regulated brokers are actually not under as strong regulation as FCA, ASIC and NFA regulated brokers. Most importantly, some shady brokers will falsely use the regulatory information of a licensed broker by VFSC, as this regulator provides neither authentication details nor domains of the registered company for traders to verify. Consequently, it is not a hundred percent sure that the licensed entity is the one that runs the business under the trading name of NFX CAPITAL VU INC. We would recommend exercising caution when dealing with VFSC- regulated brokers.For more details on this broker, please check our full NordFX review.
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Can I use other currency besides USD?

Bernhard Krebs
France
2022-06-20
ANSWER NordFX claims it is owned and operated by NFX CAPITAL VU INC, a company regulated by the Vanuatu Financial Services Commission (VFSC) under license number: 40289. We do find a match result to NordFX in VFSC.However, VFSC is a popular offshore regulator among forex brokers as capital (or bond) requirements are relatively small. A Forex license covering the online activities of a brokerage is issued in 2-3 months, which is indeed extremely fast. Moreover, there is no income tax, capital gains tax and inheritance tax in the country. So VFSC-regulated brokers are actually not under as strong regulation as FCA, ASIC and NFA regulated brokers. Most importantly, some shady brokers will falsely use the regulatory information of a licensed broker by VFSC, as this regulator provides neither authentication details nor domains of the registered company for traders to verify. Consequently, it is not a hundred percent sure that the licensed entity is the one that runs the business under the trading name of NFX CAPITAL VU INC. We would recommend exercising caution when dealing with VFSC- regulated brokers.
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Overall Score

5.5
83 Reviews

Cost 5.8

Platforms 5.8

Deposit & Withdrawal 6.0

Customer Support 5.8

Indicates the average level of Brokers

Keywords for selection
Fast Deposit/Withdrawal Good/Professional Customer Support Low Spreads Reliable & Reputable Trading Conditions

83 Reviews

Sort by
Bedro
1-3 years India
Great experience with customer support very supportive and very professional. Always happy with my withdrawal process.
13 jam yang lalu
Reply
Jan Daley Katz
1-3 years United States of America
A reliable company. Been working with them since last year. Their affiliate program offers stable payments, very friendly and responsive staff, no problems, I have never had complaints.
2024-05-15
Reply
Vu Tran
0-6 months Germany
NordFX are outright SCAMMERS when it comes to you making profits with them. They have outright STOLEN 2000 Euro of profits I've made with them. I have been trading with them since March 2024 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).But now it uses various excuses to delay my withdrawals.
2024-05-13
Reply
Claudio Addamo
0-6 months Cuba
Republic of Mauritius - whata heck is that country? Regulated in the middle of no where.
2024-05-11
Reply
Baker
7-12 months Cambodia
Good Experience with Nordfx .... Highly Recomended
2024-05-10
Reply
AndreeaP
7-12 months Mauritius
They not pay commissions of refferal program. See you later...
2024-04-29
Reply
zainar
1-3 years Canada
I have been here for a long time. The systems are at a good level. Usually, the broker that will be invested will be chosen from a safe, stable and supportive broker. So i chose here Because it can take me profitable and safe.
2024-04-26
Reply
tien
7-12 months France
no problem in nord fx for dipositing and withdrawing
2024-04-24
Reply
ozan kiratik
1-3 years Peru
Very attentive and helpful support personnel. I’m working with Nordfx as an IB- partner and always get my commissions in time. I have never waited for answers over 2 minutes from their support service.
2024-04-22
Reply
Marta
0-6 months Lithuania
I have been using this broker recently and this is an excellent group. I am impressed with their overall support and technical support in particular. They are also very quick in responding to inquiries. Though I am not an expert trader I am very satisfied with their services.
2024-04-19
Reply

1-10 of 83 comments

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Risk Warning:

FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.

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