Reason to avoid: Offshore license
Listed Date: August 22, 2018
Top 3 Regulated Forex Brokers
- Company name: NFX CAPITAL VU INC
- Registration/license: Vanuatu
- Registration/license requirement: USD 2,000
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, 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.