Call Us Today for Free Quote! +65 6747 4215   |   info@nedcom.com.sg

reviews
currency pairs

The first step to protecting yourself from fraudulent parties online is to do thorough due diligence on the companies and entities that you are planning to send the funds to. In all probability, there have been other users who have already used the same service, and have expressed their opinions and feedback online on various forums. Instead look for regulated and reputable brokers who can really help in growing your investments.

Have you been scammed by NordFX and looking for how to get your money back? Any referrals to 3rd parties may have computational rewards. Using a trustworthy service such as MyChargeBack is critical in this endeavour as a typical chargeback process can often be complex and drawn out without the right guidance. If you have lost money with NordFx, don’t panic. You are not the first and you likely won’t be the last. Mistakes can happen even with the most cautious of investors, and should be used as a learning opportunity.

Trading Conditions

Please note that a photo of the card with a partially covered number and without CVV cannot compromise its security. NordFX does not guarantee the security of funds. The safety of your money is a top factor to consider in any platform.

Only stocks from the United States of America and Europe are tradeable with NordFX’s platform. You will find some of the most popular stocks as CFDs, including Tesla, Netflix, Twitter, Uber, Apple, McDonald’s, eBay, Coca-Cola, and many more. Yes, the broker is regulated by CySEC and VFSC yet blacklisted by CMVM.

Nordfx Fees, Commissions, Spreads

Usually, these countries are haven for the scam brokers. However, there are regulatory warnings against this broker and many bad reviews. The company is based in Cyprus and regulated by CySEC. Besides this entity, the company also has entities in Vanuatu and Scotland, UK. In Vanuatu, it is operating under the name NFX Capital VU Inc and has VFSC regulation. In the UK the company is registered under the name NFX Capital VU LP, as a branch of the Vanuatu company.

Here, you will be given a virtual balance of $10,000, and you can use this to practice your trading strategies. You can also take your time and familiarize yourself with the tools and features of their platform on their free demo account. With NordFX’s Pro account, clients can trade up to 11 crypto pairs, 33 currency pairs, metals, CFD, and indices. Just like the Fix account, you are given a maximum of 100 open and pending positions with a margin call of 40% and a stop-out call of 20%. For Pro NordFX accounts, the spreads start at 0.9 pips, and you won’t incur a commission fee, just like the Fix account.

We don’t recommend to trade with them and if you are trading with NordFX contact them immediately and try to get your fund out. If the NordFX has done the following, you have probably a victim of NordFX scam broker. All funds in your account are completely safe and ready for withdrawal. To do this, you only need to provide the requested documents.

customer

NordFX does not charge a commission for depositing funds. However, if your chosen payment method has a fee, you must shoulder that. The available online payment systems are WebMoney, Skrill, NETELLER, NETELLER CARDS , and Perfect Money. The currencies for these are USD and EUR, except for NETELLER and NETELLER cards. The only available currency for that mode of funding is USD.

Solve problem

I got scared, decided to take the money, received it the next day. Then it turned out that there were no problems, they simply removed the russian language from the website. I got the money back and it was on time, I managed to get a good start on bitcoin. Last week I took my profit out to fiat, again without any problems. Although I will not argue, probably, someone has problems, the reasons are different. At Global Assets Refund, we have fund recovery experts who can assist you in reclaiming your lost money from crypto scams, forex scams, or legal disputes.

The main types of accounts offered by the broker include Fix, Pro, Zero, and Savings accounts. NordFX broker is operating within the EEA zone according to CySEC regulation. As a CIF, it can provide services in third countries if it complies with its trading regime. Based on this, the broker is legally operating in Belarus, Belize, Kazakhstan, Thailand, UAE, Ukraine, and Vanuatu.

  • I have enough trust and respect on Global Nordfx but not Indian Nordfx.
  • Mistakes can happen even with the most cautious of investors, and should be used as a learning opportunity.
  • All in all, this broker is trustworthy and offers excellent service.
  • Just like the Fix account, you are given a maximum of 100 open and pending positions with a margin call of 40% and a stop-out call of 20%.
  • You are surely an executive competitor forex brokerage company who is not able to find space in indian market.

It’s important to note that all the accounts you plan to use are on the same server. Choosing the best broker to invest your time and hard-earned money in requires so much attention to detail. Some of the critical questions you need to ask are “Is this broker safe and secure? ”, “Do they have all the assets and tools I need? People who write reviews have ownership to edit or delete them at any time, and they’ll be displayed as long as an account is active.

Nordfx Platform, Tools, and Trading Education Resources

Through NordFX’s numerous payment method options, clients are given the convenience of transferring their funds into their trading accounts with ease. You can make a deposit or withdraw your funds through card banking, Bank Wire, Neteller, WebMoney, Skrill, Perfect Money, and a lot more options to choose from. The clients must visit the client portal and choose their preferred payment method to deposit or withdraw funds.

These include EUR/USD, GBP/USD, USD/JPY, USD/CHF, USD/CAD, AUD/USD, and NZD/USD. Aside from these, minor and exotic pairs are also tradeable with NordFX. NordFX has different trading conditions per account and asset type. You will find typical spreads here and all the other details you need below. NordFX is an online trading brokerage from Cyprus with an entity in Vanuatu.

The platform may restore a negative balance on one of the customers’ accounts at the expense of the funds available on the other account. With several different entities and one regulatory warning, we are not surprised to see that clients are experiencing withdrawal issues with NordFX. According to some NordFX reviews we’ve seen, the broker also has an operation in India, besides Cyprus and Vanuatu. Some of the clients also reported Mauritius as a location they heard from NordFX broker’s employees.

You are also given the option to register using your Google+, Facebook, or Twitter social media accounts. You can also learn about the different terms as well as strategies used by well-seasoned traders. If you’re not familiar with the MetaTrader 4 platform, NordFX has four videos that will help you understand how the platform works.

Scammed by NordFX? What to do?

Unfortunately, many customers realize too late that their funds are being held hostage and that they are unlikely to receive any returns. NordFX broker does not have the best reputation amongst its clients. We noticed many NordFX reviews where clients complained that they cannot withdraw funds from this broker. Compared to other big-time brokers, NordFX could be considered small in terms of the products offered. They only offer a few assets, and this might not be enough for some traders.

trading accounts

Brokerage organization NordFX provides the following features. Select the desired payment system and make a request. For a better experience, please enable JavaScript in your browser before proceeding. If NordFX is doing any of these things to avoid releasing your funds, do not hesitate to leave a comment to warn others. NordFX allows you to contact them through telephone contact and email. There is no certainty in the contact information available.

If this happens, inform https://forexhero.info/ right away, and we will guide what steps to take next. The Vanuatu Financial Services Commission is in charge of regulating NordFX. NordFX is also a member of the Financial Commission, which is an independent group that helps its members and their clients settle disputes. The broker also provides various instructional tools, including webinars, trading manuals, and market analysis to assist its clients in honing their trading skills. After conducting some research on various social media platforms , as well as online trading forums, a general theme emerged where users were dissatisfied with their experience with NordFx.

Beginner’s Guide to Pepperstone Review 2023 – Is it Safe? Pros … – Blockonomi

Beginner’s Guide to Pepperstone Review 2023 – Is it Safe? Pros ….

Posted: Fri, 30 Nov 2018 09:25:33 GMT [source]

Before opening an account with any broker, for sure it will cross your mind. To help you resolve this dilemma, read our in-depth NordFX review. However, this doesn’t mean that this broker does not perform well.

Online Brokers Online Trading Reviews – Investing.com

Online Brokers Online Trading Reviews.

Posted: Sun, 02 Oct 2022 07:00:00 GMT [source]

Input the correct information so they can make the necessary changes. Changing the name on the account is not permitted. To make the necessary corrections, you must fill up and send a request to their email .

This helps keep you updated on the current limefx trends and important market events. With MetaTrader 4, traders are given the option to customize their charts with their desired indicators and ideal timeframe. The MT4 platform also allows you to create personalized indicators and scripts to trade manually or automatically.

Previous PostNext Post

Leave a Reply

Your email address will not be published. Required fields are marked *