NordFX Review 2025
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Updated:
Reason to avoid: Offshore license
Listed Date: August 22, 2018
Top 3 Forex Brokers
Beware NordFX is a Non-Regulated broker. It is NOT SAFE to trade
Advertising Disclosure
Updated:
Reason to avoid: Offshore license
Listed Date: August 22, 2018
Beware NordFX is a Non-Regulated broker. It is NOT SAFE to trade
NordFX is not a secure broker because it is registered offshore and does not hold a proper Forex broker license. While we checked the company there is no authorization or registration of the address, therefore the company seems to be highly suspicious and might operate its services from an absolutely different location.
🗺️ Registered in | Vanuatu |
🗺️ Type of License | Offshore License |
🛡️ Is NordFX safe to trade | No |
🗺️ Recommended Licenses | FCA in UK 🇬🇧 & ASIC in Australia 🇦🇺 |
🖥 Alternative Broker | FP Markets - licensed by ASIC in Australia |
NordFX is a Forex broker, the nordfx.com website is operated by Nfx Capital Vanuatu Inc., a company registered offshore, in Vanuatu.
The website supports a lot of languages from Asian countries (Vietnamese, Chinese, Malay, Indonesian, and Thai). They also provide contact phone numbers in China, India, Sri Lanka, and Thailand, which means the broker is targeting people from the mentioned regions.
Our research results revealed multiple issues connected with the regulations and safety of NordFX, so we do not rank positively NordFX, based on our Expert Opinion with over 10 Years of experience in Forex Trading.
Ranking | NordFX | Go Markets | AvaTrade |
---|---|---|---|
Our Ranking | ⭐ | ⭐⭐⭐⭐⭐ | ⭐⭐⭐⭐ |
Is Broker safe? | No | Yes | Yes |
Advantages | None | Trading Instruments | Trading Platforms |
Due to our negative finds on NordFX here we offer much better Alternatives to NordFX with good regulations and excellent conditions. We select Good Brokers and trustworthy options for your comparison below:
The broker offers various deposit and withdrawal options, including Bank Transfers, Credit/Debit Card,s and e-wallets such as Skrill, Neteller, and Webmoney. The broker claims that its e-wallet deposits and withdrawals are instant, whereas bank transfers can take 3-5 working days. However, due to its unregulated nature, there are no strict guarantees on payment procedures.
NordFX has a wide range of account options. 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.
We advise all investors and traders to avoid NordFX due to its regulatory issues. We strongly advise opening a trading account only with brokers that are regulated by respected world authorities with the required set of rules and a good reputation through the delivered timeframe of operations. Sign in with well-regulated brokers such as BlackBull Markets and FBS Broker.
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best broker in the world
it’s scam ?
MY NAME IS AMIT SUNDESHA
NORDFX BEST BROKER IN FOREX MARKET
I probably would say that NordFx is the best online trading company in Srilanka. NordFx was the first broker which taught Srilankans how to trade in FX market in early 2011. With times NordFx has improved its services. Now avail Local Bank Deposit at Central Bank Rate without any commission. So for all this reason I am continuing with NordFx.
I am a Sri Lankan Trading with NordFx since its years of Foundation that is since 2008.In those years even NordFx was not supporting in Sri Lankan Native Language called Sinhala or Sinhalese. But now their service has become far better. I am listing below few great advantages a Sri Lankan Trader can avail while working with NordFX.
Local Fund Deposit is Accepted Now in LKR in Sri Lankan Bank Account if
you are not able Make Deposit through Sri Lankan Bank Visa & Master Cards. This Deposit method is commission free and even cheaper than if you buy Neteller Skrill from Local Agents in Sri Lanka.
Fund Withdrawal is also Accepted in LKR through Local Sri Lankan Bank
Spread Reduced in Pro and Zero Accounts
PAMM Account Type is Available now for Professional Fund Managers.
Trading in Indices Available
Weekly Forex Market Review Available in Sri Lankan Language by our Renowned Forex Market Expert Mr. Roman Butko.
Invest in Shares of Global Brands in case if you are not interested in full Time Forex Trading.