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Is NordFX a scam or a legit broker?
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 while might operate its services from an absolutely different location.
About NordFX
| 🗺️ 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 of 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 those regions.
It is always better and safer to trade with a reliable broker licensed by Australia’s ASIC (Check out ASIC Forex Brokers), Cyprus’ CySEC or UK’s FCA. For example, the license from UK’s Financial Conduct Authority requires EUR 125,000 of capital for the STP license aside from client deposits. Check the list of the FCA-regulated brokers here.
Conclusion
We strongly advise opening a trading account only with the brokers that are regulated by the respected world authorities that comply with the required set of rules and a good reputation through the delivered timeframe of operations. Traders should trade with well-regulated brokers such as UK brokers or brokers in Australia and reliable brokers such as BlackBull Markets and FBS Broker.
Yet, it is always great to hear your personal opinion about NordFX. So you may share your experience or thoughts or discuss them below or ask us for additional information.
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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.
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.
MY NAME IS AMIT SUNDESHA
NORDFX BEST BROKER IN FOREX MARKET
it’s scam ?