NordFX, on the other hand, is more concentrated on trading volume. Dealers can expect trading conditions to be reasonable, honest and transparent. The more lots traded by the consumer, the greater benefits will become available. Users can choose from three main account types called Fix, Pro and Zero. The Fix and Pro accounts are commission-free with slightly larger spreads whereas Zero accounts are commission-based but with raw spreads. Demo and Islamic (swap-free) accounts are also available.

Fundamental research aims to answer the questions of why, what or how and tend to contribute to the pool of fundamental knowledge in a research area. NordFX fundamental analysis research data looks at the price movement of a security and uses this data to nord fx com attempt to predict future price movements. Fundamental analysis, on the other hand, looks at economic and financial factors that influence a business. Fundamental analysis therefore evaluates securities by attempting to measure their intrinsic value.

Does Nordfx Accept Skrill?

You will also have access to news articles and research materials on the platform. This helps keep you updated on the current market 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. 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. Spreads and overnight funding rates vary based on the entity, account type, and instrument being traded and are discussed further down in this study.

NordFX review

Its simple user interface provides users with access to advanced technical analysis and flexible trading systems. NordFX has an excellent bonus structure that offers around 55% to 100% in bonuses for all deposits made to their trading accounts. NordFX is one of the very few Forex trading companies in Cyprus and all over the EU that still offer a considerable amount of bonus through its promotions. NordFX clients can also opt for refer-a-friend bonus or the numerous demo trading contests, which can earn additional money as trading credits. Be warned that all trading credits can only be withdrawn after satisfying the broker’s trading conditions. NordFX deposits and withdrawals are free from any fees, as the broker absorbs all the cost of transfers that are incurred for the different payment options. You can fund your account or withdraw using a multitude of different payment options, but you may only withdraw your funds to the same account that was used to deposit your money.

Benefits Of Trading With Nordfx In 2022

NordFX CFD trading on cryptocurrency assets is not allowed in the United Kingdom as set by the UKs financial regulator the FCA. Check to see if CFD cryptocurrency trading is allowed in your region with a NordFX alternative and make sure you undertand the risks fully before trading. A NordFX stop-limit order is an order to buy or sell a stock that combines the features of a stop order and a limit order. Once the stop price is reached, a stop-limit order becomes a limit order that will be executed at a specified price . The NordFX stop-limit order triggers a limit order when a stock price hits the stop level.

  • Only stocks from the United States of America and Europe are tradeable with NordFX’s platform.
  • We are not only try our best to offer you the most up-to-date data, but also encourage you to verify our information voluntarily.
  • The NordFX stop-limit order triggers a limit order when a stock price hits the stop level.
  • MetaTrader 4, known as MT4, is a trading platform used by online retail foreign exchange traders.

Great multiple language after sales support is a big advantage while working with this broker. Same Day prompt withdrawal also confirms safety of funds with this broker. They will refuse your request when you withdraw some money, even Forex the money is your profit. I really appreciate NordFX system about their deposit and withdrawal process. So far all the process are sucessfully done without problem. They always cheating by increase spreads and never give profit.

Minimum Deposit Required

You need to check that the account you open with NordFX is covered by a major financial regulator that offers you protection in your country. CFD providers typically charge a financing rate for holding a trader’s position overnight. This can be as high as the LIBOR rate plus or minus 3%. A NordFX stop-limit order is an order to buy or sell a stock combining the features of a stop order and a limit order. Once the stop price of a trade is reached, a stop-limit becomes a limit order that will then be executed at a pre-determined price. CTrader, like MT5, has more advanced trading tools and indicators.

Nordfx Rating: 6 00

You can withdraw cash from your NordFX brokerage account if you have available funds. If you want to withdraw more than you have available as cash, you may need to close open NordFX positions before doing so. Remember that after you close your orders, you may have wait for the trade to settle before you can withdraw that money from your NordFX account. USD, EUR are supported by NordFX as account base currencies. However, in each country, only two or three account base currencies are accessible, usually the local currency plus USD. In the United Kingdom, for example, only GBP, EUR, and USD are accessible for UK traders.

It happens at a one-to-one level, often via the company’s website. It can be a proactive chat pop-up, with a chat box appearing on the screen and asking if you need help. Livechat is great if you require a reponse to your support request withing 15 minutes. Technical analysis indicators such as MACD,RSI, Stochastics, OBV, and Fibonacci are vital for trading.

Commissions & Spreads

First of all it is not legal and if you have proves you should apply. Secondly, there is no logic in it as according to your words they sell their clients to other partners.

It goes against our guidelines to offer incentives for reviews. We also ensure all reviews are published without moderation.