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NordFX is a member of the Nord Group Investments Inc. It has been operating in the investment services industry since 2008.
NordFX provides access to the major trading floors of various markets. The broker’s activity is regulated by the Financial Services Commission of Mauritius. The company has introducing offices in Russia and India.
The list of trading instruments offered by NordFX is quite extensive: there are currency pairs, futures on metals, stocks and oil futures, as well as binary options. The MetaTrader platform ensures fast execution of trades and provides accurate quotes. Scalping, hedging, and expert advisors are allowed, which is an obvious advantage of the broker’s services.
Clients of NordFX can participate in various campaigns and contests. Besides, free training courses are held regularly.
NordFX cooperates with Forex Capital Markets (FXCM) and MF Global Inc.
The perfect quality of services rendered by NordFX was acknowledged by financial awards. Thus, in 2016 the broker was recognized as the Best Broker in India by IAIR Awards, the Most Trusted Broker by The Forex Awards, and the Best Client Support by Forex Expo Awards.
NordFX caused me losses only because its platform can't support any EA, and if I want to deal manually, their price is 5 to pips delayed from a live market. So, my order didn't execute at my preferred positions. I got a huge slippage and lost almost $540, after being shocked by dealing with NordFX. I've closed my account forever.
The trading platform that they use is very unstable, with a lot of distractions. And their customer support can only be reached at a time when a certain time, not online 24 hours, and the service is unfriendly. I often had difficulty opening the website provided by NordFX. should provide crucial information to all traders who have joined with this broker. Now you must close your account here.
They have bad executions, bad platform and poor deposit and withdrawal systems. Scalping is allowed with this broker however, you need to follow their rules. They tighten their rules on scalping. After asking a few opinions of my friends who already have an account, they were very disappointed with this broker. This broker very stingy. And they also did not provide supporting information about forex trader, so the traders feel very distress and regret.
Do not waste your money on a broker that does not make efforts to provide decent services to their clients. I worked with NordFX for a couple of months and all I got were terrible services. The platform always has issues and the fee is too high.
I have many complaints to this broker. I complain about slow connections. It caused chaos to my trading. They delay their work too often. So that it has a negative impact on all traders. Should be more vigilant in choosing a broker. And my opinion on this broker is very bad. This broker is not regulated and support fails when I ask about their reputation and regulation. They deserve bad comments so that you never get stuck at this broker.