► Read our long form review here: https://www.coinbureau.com/review/nordfx/
► Demo Acount Here: https://www.coinbureau.com/out/nordfxbroker
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► Time Stamps ⏰
0:06 Introduction
0:31 Broker Overview
1:14 Regulation
1:49 Asset Coverage
2:02 Crypto Baskets
2:20 Leverage
3:14 Spreads & Commissions
3:14 Deposit / Withdrawal Fees
3:40 Account Types
4:26 Demo Account
4:39 Trading Platforms
5:30 Customer Support
6:00 VPS
6:15 Trading Signals
6:25 Conclusion
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► Overview 📝
NordFX is a broker that was established in 2008 and is based in Vanuatu. They have a subsidiary in the EU that services EU clients.
They are an STP and ECN forex broker that gives traders the opportunity to trade a range of assets with leverage up to 1,000:1.
They are regulated by both the Vanuatu Financial Services Commission and the Cyprus Securities and Exchange commission.
They offer trading in assets such as Forex, Crypto, Equity Indices and commodities. They also have a unique basket of “crypto indices”.
Spreads and commissions at the broker are relatively fair and their ECN accounts have spreads that are close to zero. These attract a “lot” commission though on the number of lots traded.
Funding / withdrawal fees are reasonable except they have fees that are really quite exorbitant on credit cards.
There are a large number of accounts that you can trade on and these include ECN, STP and a crypto account.
When you trade with them you will use the MetaTrader platform. NordFX has the MT4 platform for their Forex accounts and the MT5 platform for their Crypto accounts.
There is no NordFX mobile app although you can trade through the MT4 and MT5 mobile apps.
NordFX also allows traders to run Expert Advisers (EAs) coded on the MT4.
Customer support is pretty reasonable and they responded to my request immediately. There is live chat as well as number of telephone numbers that you can reach out on.
NordFX has a number of other tools that you can use including VPS deals and trading signals.
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► Warning!! ⚡️
Trading CFDs is very risky. Make sure that you practice adequate risk management to protect your account. These include stop losses, leverage limits and money management practices.
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► Disclaimer 📜
The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading Forex, cryptocurrencies and CFDs poses considerable risk of loss. The speaker does not guarantee any particular outcome.
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