NordFX review: Should you trust it?

NordFX review: Should you trust it?

NordFX is a global brokerage firm that provides a comprehensive variety of web trading platforms to clients worldwide. NordFX allows you to trade silver, gold, and cash on the currency market. It also allows you to engage in global equities with a high rate of return and up to 100% capital preservation. NordFX takes pride in having tight spreads and quick order fulfillment. Most rivals’ spreads on popular currency pairings are as little as 0.2 to 2 pips. This cost-cutting aids in increasing profits while lowering costs. Clients can also benefit from a total debt of up to 1:1,000, which they can use for metals and all currency swaps.

The following are the reasons to trust NordFX:

Trial accounts at NordFX:

NordFX provides a risk-free sample account with no time limit. Since other brokers restrict the time investors can utilize a sample account, the absence of an expiring date is a welcome feature. The critical thing to remember would be that if your trial account has been inactive for longer than 14 days, it will be removed immediately. You can quickly create a demonstration account using MetaTrader 4 or MetaTrader 5 or in the Trader’s Office for your real account.

Criteria for account confirmation:

In general, registering an account with NordFX does not necessitate the submission of any papers. Even yet, providing papers to validate an account is occasionally required. If that’s the situation, you must send photocopies of a photo ID and proof of residency, with the data on those papers confirming your brokerage account creation information. If you want to deposit cash with your bank card, you’ll need to validate your account.

Costs of deposit and withdrawal:

NordFX provides a variety of financing options to attract a wide range of clientele. You can credit your account with a direct deposit in USD, EUR, or RUB, which will require three to five working days. This may be subject to costs from your bank but not from NordFX. You could also make a commission-free quick deposit with all these three currencies using Visa or MasterCard.

Your NordFX account does not charge any deposit fees. This is significant since deposit fees frequently compound with trading and transaction fees, making trading less lucrative. Moreover, because of the complicated withdrawal fee schedule, withdrawing funds can be costly.

NordFX offers a signup bonus:

NordFX has a fantastic incentive scheme in place, with bonuses ranging from 55 percent to 100 percent on all amounts deposited to their brokerage account. NordFX is among the few Forex trading firms in Cyprus and the EU that offer a sizable bonus as part of its promos. Clients of NordFX can also participate in a refer-a-friend bonus or some of the many demo trading events to earn extra money in the form of trading credits.

Conclusion:

NordFX allows you to trade silver, gold, and cash on the currency market. NordFX takes pride in having tight spreads and quick order fulfillment. Clients can also benefit from a total debt of up to 1:1,000, which they can use for both metals and all currency swaps.