The WikiFX Score of this broker is reduced because of too many complaints! The WikiFX Score of this broker is reduced because of too many complaints! The WikiFX Score of this broker is reduced because of too many complaints!
The Cyprus Securities and Exchange Commission (CySEC) was established in accordance with section 5 of the Securities and Exchange Commission (Establishment and Responsibilities) Law of 2001 as a public legal entity. It is an independent public supervisory Authority responsible for the supervision of the investment services market, transactions in transferable securities carried out in the Republic of Cyprus and the collective investment and asset management sector. It also supervises the firms offering administrative services which do not fall under the supervision of ICPAC and the Cyprus Bar Association.
License Type:Market Making(MM)
Regulated in Country/AreaCyprus
Regulatory License No.：209/13
Email Address of Licensed Institution :firstname.lastname@example.org
License Type:Sharing NordFX EU
Website of Licensed Institution :
Expiry Date :--
Address of Licensed Institution :14, Louki Akrita Street, Ayias Zonis, CY-3030 Limassol
Phone Number of Licensed Institution :35725558111
The Vanuatu Financial Services Commission (VFSC) was formally established in December 1993, after the Vanuatu Parliament enacted the Vanuatu Financial Services Commission Act No. 35 of 1993. Previous to this, the VFSC was the Registrar of Companies and the Official Receivership Department of the Treasury since 1971 under the then, British Administration and after independence in July 1980, the Ministry of Finance and Economic Management. The VFSC has set up four departments, namely Corporate Services, Legal Enforcement & Insolvency, Supervision and Registration.
Current Status:Offshore Regulatory
License Type:Retail Forex License
Regulated in Country/AreaVanuatu
Regulatory License No.：Unreleased
Email Address of Licensed Institution :--
License Type:No Sharing
Website of Licensed Institution :
Expiry Date :--
Address of Licensed Institution :--
Phone Number of Licensed Institution :--
Licensed Institution Certified Documents :NordFX VFSC监管截图更新20190808 View Certified Documents
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The data are from WIKI Research 2021.09.27 updated
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General Information & Regulation
NordFX is an online brokerage, which has been operational since 2008. The NFX Group consists of three independently regulated operating subsidiaries. NFX Capital Vanuatu represents the international branch where most clients will be served from, NFX Capital Cyprus LTD caters primarily to EEA traders, and Nord Forex India Pvt LTD is the Indian subsidiary. NFX Capital Vanuatu is regulated by the Vanuatu Financial Services Commission (VFSC),under registration number 15008; NFX Capital Cyprus LTD is authorized by the Cyprus Securities and Exchange Commission under license number 209/13.
Investors can trade 33 foreign exchange currencies, gold, silver, cryptocurrencies, crude oil, major corporate stocks, and major stock indices (NASDAQ, Dow Jones, Nikkei, etc.) through NordFX.
Three live trading accounts are availabel at Nord FX: the Fix Account ( with the minimum deposit of $10), the Pro Account ( with the minimum deposit of $250), and the Zero Account ( with the minimum deposit of $500).
In terms of trading leverage, NFX Capital Vanuatu offers maximum leverage of 1:1000, while NFX Capital Cyprus LTD is limited to 1:30.
Spreads & Commissions
Nord FX's fix spread accounts start from 2 pips with no commission on FX currency pairs, silver and gold trades, and floating spreads on cryptocurrencies with a minimum spread of 1 pip and a commission of 0.09% of each trade. Pro accounts are available with floating spreads from a minimum of 0.9 pips, no commission on FX pairs, silver, and gold, and floating spreads on cryptocurrencies from a minimum of 1 pip and 0.09% commission on each trade. Commissions are 0.0035% per trade (once for opening and once for closing positions) for FX pairs, gold and silver on zero spread accounts, and 0.09% per trade for cryptocurrencies on floating spreads with minimum spreads from 1 pip.
NordFX offers traders the industry-leading trading platform MetaTrader 4 for desktop, Apple mobile, tablet, Android mobile, and the MT4 multi-account client to meet a wide range of traders' needs and increase their trading flexibility. Various indicators, scripts, and EA trading systems make it the ideal online forex trading platform.
Deposit & Withdrawal
NordFX offers traders a wide range of convenient and secure deposit and withdrawal methods, mainly bank wire (for EUR, USD, commission charged by the bank), VISA, MasterCard credit cards (for EUR, USD, no deposit commission), WebMoney (for EUR, USD, 0.8% commission charged for deposits up to $50), and Skrill & NETELLER (no deposit fees), NETELLER VISA/Maestro bank cards ( for USD, 1.75% - 4.95% commission on deposits), Perfect Money (for EUR, USD, 0.5% for Premium accounts, 0.5% for certified accounts, 1.99% for uncertified accounts), Dragonpay (for PHP, no deposit commission). Withdrawals via UnionPay are subject to a 2% fee (minimum RMB30 fee). Withdrawals via VISA, MasterCard are subject to a 4% + $7.50 fee on the amount withdrawn. Withdrawals via WebMoney are subject to a 0.8% fee (maximum $50 fee). Withdrawals via Skrill are subject to a 1% fee, and withdrawals via Perfect Money are subject to a 0.5% fee.
NordFX traders have access to customer support 24/5, which is available in English, Spanish, Russian, Chinese, Arabic, Hindi, Bengali, Farsi, Indonesian, Thai, Sinhalese, Vietnamese, Malay. The best approach to reach support is via e-mail or by filling out the webform. Phone support is available in English, Bengali, Hindi, Sinhalese, Chinese, Russian, Thai.
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Foreign exchange, precious metals and over-the-counter (OTC) contracts are leveraged products, which have high risks and may lead to losses of your investment principal. Please invest rationally.
Special Note, the content of the Wikifx site is for information purposes only and should not be construed as investment advice. The Forex broker is chosen by the client. The client understands and takes into account all risks arising with Forex trading is not relevant with WikiFX, the client should bear full responsibility for their consequences.