This allows you to filter the most profitable traders and follow only them on your trading dashboard. You also have full control of the automation / replication procedure. NordFX provides regular weekly commentary that goes over the most important market movements, insights, trading setups and forecasts. It is always a nice touch when a broker includes other tools and resources to help improve your trading edge. If you need to get quick access to these agents then perhaps the best way of going about it is to reach out to them on the live chat.

This consists of trading in gold and other precious metals which are hard commodities. Online trading involves significant risk, and you may lose all of your invested capital. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.

Partnering with NordFX.We Invest in Clients

If the potential client still does not understand the risks involved in trading in any financial instruments, he/she should not trade at all. This website is independent of of all forex, crypto and binary brokers featured on it. Before trading with any of the brokers, potential clients should ensure they understand the risks and verify that the broker is licensed. The platform offers many perks and interesting details for traders. The basic trading functionality is easily recognizable and traders can immediately start placing trades without any problems. MT5 is the next generation platform and all traders who want to use it should select that type of account.

• Trading Forex, CFD, Binary Options, and other financial instruments carry a high risk of loss and are not suitable for all investors.
• Stop Loss orders are guaranteed only during market hours and under normal trading conditions.
• NordFX requires a minimum deposit of 1 GBP/USD/EUR when opening an NordFX trading account.
• NordFX provides a range of educational resources to support traders in their journey.
• They will top up your account with “phantom” demo funds which would allow you to practice your strategies.

It enables the traders to choose the most suitable and favorable option, based on their trading expectations. The main types of accounts offered by the broker include Fix, Pro, Zero, and Savings accounts. There are no commission fees for account finding, aside from any that you may be subject to from your bank should you use a https://traderoom.info/where-to-find-programmers-for-your-startup/ bank transfer to deposit or withdraw. There is also a small commission of 0.8% if you choose to use WebMoney, but never more than $50. Traders are able to deposit their money in USD or EUR currency too. NordFX trading videos cover the basics of financial instruments like stocks, Forex, commodities, ETFs and cryptocurrencies.

Does NordFX offer negative balance protection?

Be mindful of these charges, impacting your overall NordFX trading profitability. NordFX is a regulated online broker that offers a wide range of trading instruments. The company offers more than fifty tradable assets, including major currency pairs and minor ones.

• High-frequency traders can also benefit from the trading environment at NordFX, as long as they deploy a focused trading strategy.
• Regrettably, only the fundamental MT4 trading platform is available.
• You will find typical spreads here and all the other details you need below.
• The Vanuatu Financial Services Commission (VFSC) also regulates the broker.

NordFX offers you the opportunity to open ECN accounts which means that they outsource all of their client’s orders to external liquidity providers. Given this direct connection, traders are able to get spreads that are as close to market as possible. Your other market instruments consist of Commodity markets which offer different asset opportunities for traders. Investing in contract-based tradable goods is a dependable way to alleviate risk during times of inflation or economic uncertainty. Nord FX does offer a free demo trading account for beginners to practice forex trading in a 100% risk-free environment.

Customer Support

There are many advantages when trading with advanced international multi-product platform such as NordFX. Reliability and performance come to mind, and if our NordFX review is a good indication, traders will be more than satisfied with the level of service. All NordFX features are available to customers who sign up and deposit, depending on the account type. NordFX is a forex and CFD trading brokerage company based in Vanuatu, a popular offshore jurisdiction located off the east coast of Australia. NordFX, like all Forex brokers in Vanuatu, is regulated by the Vanuatu Financial Services Commission (VFSC).

Beginners and inexperienced traders must take the time to learn how to use the NordFX trading tools properly. NordFX offers two commission-free trading accounts, Fix and Pro, one commission-based alternative, Zero, and a DeFi Savings account. With Fix, the spreads are higher, starting from 2.0 pips or $20 per lot. For $250, traders get access to Pro, but I strongly recommend Zero, which requires $500.

Currency Converter Tool

You’ll need to see if trading crypto CFDs are allowed in your country. Because NordFX acts as an intermediary, NordFX gets compensated on buy and sell transactions of financial instruments. As a result, NordFX profit is determined by the volume and number of transactions. NordFX earns revenue to fund their NordFX platforms and wide range of trading services through market spreads.

You will have access to a wide range of trading tools that will help increase your probability of gain, and you can take advantage of the fast execution of your trades. For a forex-specializing broker, NordFX offers quite a bit of cryptocurrency for their clients to trade. Below, you will find all 11 tradeable crypto pairs along with their margin per lot, minimum lot size, and maximum lot size. For Pro NordFX accounts, the spreads start at 0.9 pips, and you won’t incur a commission fee, just like the Fix account. However, you will be charged a commission fee of 0.0035% per trade.