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Independent rating of Forex broker NordFx

4/10 (votes 100)

On-line since
2008
Country of origin
Mauritius
Regulation
Regulated by Financial Service Commission (FSC) of Mauritius
Payment options
Bank wire (USD, EUR, RUB), WebMoney, Moneybookers, Alertpay, Liberty Reserve, Robokassa, Z-Payment, Onpay
Minimum account size
5$
Minimum lot size
0,1 lot
Leverage
1:500
Spreads
2 pips on EUR/USD
Nord Group Investments Inc. has a certificate of registration №: 082831 C1/GBL issued by FSC Mauritius.
Nord Group Investments Inc. offers to individuals and corporate bodies a full scale of services for trading at the international currency market Forex and provides a possibility to enter into CFDs on such instruments as stocks, precious metals, futures on commodities and utilities.
Nord Group Investments Inc. has a right to manage financial assets of their clients, lead brokerage activity, and make transactions and operations on stock markets, futures and currency markets.
NordFx Company maintains business ties with such large companies, as Forex Capital Markets (FXCM) and MF Global Inc.

Comments

Author: Napasorn Date: 2021-01-05 02:50:37 (UTC+3)
Do not open an account at NordFX if you don't want to end up being broke. This company only made me lose all my capital because of their unstable platform and unreliable charts. I only traded with them for more than a month but my account was already wiped off my funds.
Author: Xavier Date: 2020-11-23 07:36:32 (UTC+3)
I have observed the spread on my USD/JPY widen to almost 25 pips but they advertise that they offer 0.5 pips on USD/JPY. I will never trade with them anymore! Be aware this broker is not good at all. And it is very difficult for traders. It didn't take long for me to realize they had changed for the worse, and I have wanted to close my account. I emailed the support but they are terrible in every way.
Author: Xavier Date: 2020-11-23 03:58:42 (UTC+3)
I have observed the spread on my USD/JPY widen to almost 25 pips but they advertise that they offer 0.5 pips on USD/JPY. I will never trade with them anymore! Be aware this broker is not good at all. And it is very difficult for traders. It didn't take long for me to realize they had changed for the worse, and I have wanted to close my account. I emailed the support but they are terrible in every way.
Author: Roman Date: 2020-09-10 14:27:49 (UTC+3)
I have a lot of bad experiences in a fix account with NordFx Broker broker so far. Their platform didn't response my command and always position slipped. While their payment service is bad too. I can't withdrawal $650 profit, yesterday I received an email that NordFx have been cancelled my transaction. So I don't work with NordFx broker.
Author: Sala Date: 2020-09-10 03:36:59 (UTC+3)
NordFX suspended my account simply because I demanded to withdraw my fund. They should never stop me from taking money from my account because that is mine. I still can't access my account until now and I honestly don't think I will ever get to access it again.
Author: marina4 Date: 2019-04-03 11:06:26 (UTC+3)
NordFX - a non-paying kitchen! --- I opened an account, and started trading. At first everything went well. Fast execution, minimum slippage. I registered an partner link, began to advertise this broker. By my partner link registered trader. I received an partner commission and traded using commissions. But at some moment they just closed the account without warning. --- Then they sent a letter: We inform you that for violation of the terms of the partnership agreement, which prohibits affiliates persons to participate in the affiliate program and receive a commission from trading, especially bonus funds, we are forced to cancel the affiliate commission and terminate the partnership agreement. Deposit funds were returned back to your card. The repayment period is 3-7 business banking days. --- To my requests to explain what was the matter that I violated - no answers from the broker. As a result, I was not given all the profits I earned. Give me my money back!
Author: Student Date: 2016-09-29 14:28:08 (UTC+3)
There is a broker FIBO, they wrote that another lousy broker, hires people to write reviews about the FIBO in all sorts of crap. It seems to me that this lousy broker has now got to NordFX, doing dirty PR. In fact, NordFX is a perfectly normal and sane workable broker. If there are any differences, they can always be solved with this broker. Nothing freezes, orders are working. So do not be unfair to this broker.
Author: LuKaS Date: 2016-09-16 21:39:08 (UTC+3)
Totally scam. Be careful with Nordfx. Not serious at all. Bad services, worst trading execution and client service is rude when you complain about their problems. I was with them for 3 months and had problems since the very beginning. I made a deposit of usd600 and I lost everything due the malfunctioning of their platform. It freezes all the time, I faced many requotes and slippages. It's simply impossible to have a profitable trading with this broker. They play against you when you are gaining.
Author: Allen Date: 2016-09-15 10:02:01 (UTC+3)
NordFX are outright SCAMMERS when it comes to me making profits with them. They have outright STOLEN 2000 Euro of profits that I’ve made with them. I have been trading with them since May 2016 and have become pretty profitable the last 2 months with my scalping strategy (which is permitted on all accounts like their website explicitly states). They outright blocked ALL my trading accounts that I had with them! I had the Micro, the Standard and all the other accounts since I wanted to try them all out. But I’ve requested the withdrawal only from the Standard account, yet they also have closed the Micro which also had money in it but where I didn’t 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. 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 operation.
Author: Andy Date: 2016-09-07 20:25:10 (UTC+3)
I agree with all comments here about that this broker is a disaster. Its trading platform freezes all the time and all executions are really slow. Spreads are very high and change all the time. It's very difficult to make deposits and managers from support department are not a great help for these issues.

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