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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: Robin_Foote Date: 2023-12-06 11:57:16 (UTC+3)
NordFx is a market maker broker. As their price is fake and the chart is different from the live market. Also, their spread are high on any pair. Last month during the BoJ Interest rate announcement time, I got 11 pips spreads on the Usdjpy pair this is rediculas. I have to switch NordFx broker now.
Author: Abraham Date: 2022-07-19 07:02:50 (UTC+3)
NordFx claimed that their trading platform is compatible even with mobile devices. This is the main reason I opened an account with them and I was disappointed because when I tried the platform on my phone, it did not run well. It only kept crashing and in the end, I just had to use the desktop version. Also, the platform with the desk version is not that good on executions. I had some losses on the platform because my order didn't execute on time. NordFx is not a recommended broker.
Author: Gale Date: 2022-03-14 01:15:28 (UTC+3)
I have profits in my account and when I requested a withdrawal they disabled it and they not allow me to withdraw. And I tried to get my money with them last month but they blocked my account and they never intend to call me. I stop from this broker. And just remind you to stay away from Nord Fx. Their spread means nothing. They will stop you out even if the price is several pips plus spread away. I am moving my money away from them. I lost $900 on my 3rd trading with ECN. No need to think anymore. I have to leave this broker immediately.
Author: Vederan Date: 2021-11-18 00:41:16 (UTC+3)
With the strategy I'm using now, this kind of activity has caused me a lot of headaches and a loss on my account. Also with stop orders, this broker will fill you once it hits the price and not when it goes through it. There was no acknowledgement from them when I submitted request for funds withdrawal. Now my accounts have been disabled. Their website is taken down and their phone lines are cut. I think nobody win on this broker because I noticed every time I closed my winning trades, the platform suddenly hangs up until it loses its connection. This broker instantly refused without listening to my explanation.
Author: Arnold Date: 2021-08-19 03:59:45 (UTC+3)
NordFX only requires a very low deposit but do not be deceived because after a while, they will start demanding higher deposits. Also, the trading fees are too high that you would end up broke if you don't invest a huge amount.
Author: Jems Date: 2021-07-19 04:32:12 (UTC+3)
Never trade with NordFx, because this broker is a scam. Especially, their customer service is the worst, and they never solve client's problems. Last year, I joined this broker, and I put deposit $200. I also got some profit in that time, and now my account grows up to $850. However, I had a problem with this broker 2 weeks ago when I logged into the platform and wanted to withdraw $600. However, I could not log in, so I couldn’t withdraw money. I called their support, but I always get the same reply that they will solve my matter immediately. Until now, I have gotten no money. NordFx is really a scammer, and this broker took away my money. Thus, NordFx is the worst broker I have ever traded, so my advice gives traders that stay away from this broker or lose your money like me.
Author: Nacua Date: 2021-04-29 08:10:51 (UTC+3)
My brother opened an account at NordFX despite my warnings. I already saw a lot of complaints against the broker and I told him that it would be risky if he invests in them. But he was stubborn and still went through his plan. Now, he is having difficulty withdrawing his funds. Apparently, the broker does not want to release it.
Author: Felix Date: 2021-03-18 02:05:51 (UTC+3)
This broker is not very simple. Always makes it difficult for me. So in the end I just quit this broker. Have suffered huge losses and have been delayed too often. The SL and TP didn't function well. I need to wait for a minute to honor my positions. They always play against you. Commissions are very high and platform crashes very often. I don't recommend it to anyone. They are giving you false information about a trader and thus make you lose money.
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.

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