NordFX is an international brokerage company introduced in 2008 that offers online forex trading services. Currently, NordFX has over 1 million users from various countries all over the world. NordFX does not only offer Forex broking services but also offer trading on Cryptocurrencies, Gold and Silver. In this review we are primarily concerned about their Forex brokerage. NordFX uses the MetaTrader 4 and MetaTrader 5 software for its trading platform and also have desktop application for Windows devices and mobile apps for Android and IOS devices.
How to Register on NordFX
NordFX has made their registration process to be really easy; all you have to do is;
Visit the Website: www.nordfx.com
Click on open account at the top corner of the page
You can select open demo account to practice or you can just go ahead and open a real trading account by clicking Open a Trading Account
Now you fill in your details and continue
The system auto generates your account log in number which is normally 7 digits
The system also auto generates 3 passwords for you (Traders password, Phone Password, Investors password) you are advised to take note of these passwords and to keep them in a safe place as they will be needed for logins on different platforms and devices. These passwords are case sensitive so copy them exactly how you see them.
NordFX Forex Account Types
NordFX features three main types of Forex trading accounts, they include:
1. Fix Account: Requires a minimum deposit of $10
2. Pro Account: Requires a minimum deposit of $50
3. Zero Account: Requires a minimum deposit of $100
All the accounts permits automated trading system but has different maximum leverage and minimum spread.
NordFX Deposit and Withdrawal Methods
– Deposit
Deposit on NordFX can be done using any of the following methods
• Bank Transfer
• Bank Cards (Either Mastercard or VISA)
• Webmoney
• Skrill
• Qiwi
• Neteller
• PayWeb
• Perfect money
There is no charge associated with making a deposit, it is absolutely free. But some commissions may be charged by the payment platform you choose to use. There is a 55% bonus for every deposit you make above $100 and you have a 10% deposit bonus once a referral of yours make a deposit.
Withdrawal
Withdrawal on NordFX can be done using any of the payment platforms used for deposit. Some Withdrawals are instant, some usually takes up to a day and some can take up to 3 – 6 working days to be completed, it all depends on the platform you choose to use.
NordFX Customer Support
NordFX customer support service is available 24/7. You can click on the contact link on their home page and fill the web contact form and submit, you receive a reply through your email or you can send a direct mail to [email protected].
You can also do live chat on the website or you can call any of the numbers on the Contact page.
Conclusion
In Conclusion, I must say that NordFX has all the requirements a good Forex should have and is currently among the Top Forex brokers in the World. For Nigerians, I would advice NordFX for high Forex investors, low Forex investors may not fare well with NordFX and there are better Forex brokers that they could use. All the same, NordFX is recommended as genuine broker and not a scam.