NordFX Review: The Best & Trusted Multi-Asset Brokerage Company

Choosing the right broker plays an important role in a trading career. An international broker with a well-designed website does not necessarily mean that their site will be ranked first on Google’s search results.
There are plenty of options available on the financial markets. Ideally, you would need to choose the best broker that will fulfil all of your requirements in a cost-effective package. Also, you’d need to do some in-depth analysis of all of the brokerage companies that offer what you need. The in-depth analysis includes all parameters that you need to consider when choosing a  trading broker. The most common parameters are listed below:

⦁ Fees
⦁ Features
⦁ Technical support
⦁ Customer reviews

The items mentioned in the list above are a few of the more important parameters that you should consider when selecting a broker for your trading. This article will give you an overall review of the NordFX international broker. They are a leading brokerage company that provides several trading platforms and services competitive fees. Let’s get started.

About NordFX:

NordFX is an international forex broker that provides online trading services in currencies, cryptocurrencies, and other financial instruments. The broker offers low spreads and access to leverage, reliable support, and fast order execution. It also provides in-depth analytics and has a trading signal service, a solid affiliate program, and 24/5 customer support. Scalpers will benefit from tight spreads and fast order execution, and beginner traders have access to an educational section.

Why NordFX:

NordFX is an international company founded in 2008. Over the years, the broker has been awarded over 80+ prestigious awards and various prizes. You can find below a shortlist of the company’s achievements over the past decade. In 2020, NordFX received the “Best Platform for Central Asset Accounts” award. Earlier in the year, its affiliate program received this award as well as the social trading platform award. According to the Masterforex-V Academy, NordFX became the best world broker in 2019. In 2018, it was declared the Best Broker in Asia. Since 2011, its bonus programs, promotions, and partner programs have regularly been recognized as the best in Asia. The high quality of service was noted and NordFX was recognized as the “Best Forex broker in China” for the quality of its dealing. NordFX operates in nearly 190 countries and has over 1.25 million trading accounts. The company offers services for active and passive trading on the Forex market. It operates under the jurisdiction of Saint Lucia with Registration Number 2023-00470.

Features:

Highlighted below are some of the great features that make NordFX unique when compared to their competitors in the market:

Trading Platforms: NordFX provides the popular MetaTrader 4 solution, alongside MetaTrader 5, which it added in 2024. After hours testing both platforms, MT4 is best suited to day traders looking for essential charting tools and order types, while MT5 is a better fit for advanced traders, sporting additional indicators, timeframes, orders, plus a built-in newsfeed.

MT4 MultiTerminal: The broker also offers the MT4 MultiTerminal. This is suitable for investors using multiple accounts at the same time. The terminal maintains the same functionality as the original MT4 platform, while also providing manual or automatic distribution of trading volume for each account individually.

Assets & Markets : NordFX offers a wide array of financial instruments, asset types, and markets. These are comprised of 33 currency pairs, 11 cryptos (including Bitcoin), gold, silver, and oil. In addition, you can trade CFDs in the form of 5 indices and 68 stocks.

VPS: As we mentioned earlier, EAs are a great way for you to trade the markets in an automated way. If you are going to be using them then the most optimal trading setup is to get yourself a trading Virtual Private Server (VPS). With this, you can leave your EA trading from a dedicated machine all the time.

Spreads & Commission: The spreads offered on NordFX are tight, starting from just 0.0 pips. They remain competitive by outsourcing trades to a third-party liquidity provider, which helps keep costs low due to the large trading volumes. No commissions are charged except for the Zero account (starting at 0.0035% per trade for each side) and on crypto at 0.06%. 

Leverage: NordFX isn’t regulated by the FCA or the ESMA, therefore, the amount of leverage offered is high, with a rating of up to 1:1000.

Mobile Apps: NordFX uses the MetaTrader platforms, which are widely employed in the industry. These are comprehensive, cross-purpose, and multifunctional tools that require specific software to be downloaded. For mobile users, there is an app version available called MT4 and MT5. These are available to download on both iOS and Android, although functionality is somewhat reduced compared to the desktop version

Demo Account: Before committing to opening a live account, users can create a demo account with $10,000 worth of virtual currency. The free paper trading account can help investors get used to the interface, explore the platform and get a taste of which markets they’re interested in. Setup is a simple process, taking less than a minute.

Bonuses & Promotions: NordFX has a variety of offers. Customers also have the option of guaranteed stop-losses, limit orders, plus automated trading. In addition, NordFX is running a Super Lottery promotion deal at the moment. 

Security: NordFX is a relatively safe broker from an operational angle, with trades executed in under half a second. The MetaTrader interface also means users can invest on the go, while the servers are robust and efficient, providing a reliable service for professional, frequent traders.

Support:

NordFX has an excellent support team that can be reached anytime via live chat or support ticket system. In my experience, they proved themselves to be very helpful and quick to respond. They resolved every last problem that I had set up.
NordFX is one of the few  brokers that offers full 24/5 phone, live chat, and email support. I have found their support department to be very quick to solve issues, especially when it comes to handling site-specific issues or anything other than answering generic tech queries.

Competitive Fees

NordFX proudly claims themselves as one of the most cost-effective trading platform providers on the whole market. And to be fair, they do a pretty good job of keeping that claim factual.
Something that makes NordFX unique as a multi-asset broker is that their fees are displayed clearly and openly on its website for their visitors. I think NordFX deserves the praise for doing this. Additionally, their features are laid out clearly for potential customers to read and see if NordFX accounts are right for them. The tech support is second-to-none and the care that clients receive is exclusive, to say the least.

Our Experience:

I have tested more than 2 similar trading brokers in the past – NordFX is easily one of the top  in terms of server quality, by far.
For the purpose of this review, I have used NordFX for a total of three months so far. Within that time frame, I am more than satisfied with my experience. There was no drawbackup to this point, to be exact. It was easy to set up thanks to their support team, and the processing power was on-par with other similar trading platforms available on the web

Final Recommendation:

With all of this in mind, let’s get down to the big question: “Would we recommend it?”
And the answer to this is a resounding and absolute “YES”. NordFX is a value-oriented, transparent, and highly-reputable service for any business or influencer trying online trading by using NordFX’s secure and trusted service.
For the purpose of this review, I have used NordFX for a total of three months. And within that time frame, I experienced growth on my  profit, as well as good speed, solid reliability, outstanding support, as well.

Scorecard:

For any of our readers who skipped straight to the bottom of this review to get a score, look no further. You can also take this section as a quick summary of NordFX’s service quality across its most important components.
Here’s how NordFX scored:
Features: ★★★★★ (5/5 stars)
Safety / Security: ★★★★★ (5/5 stars)
Ease of Use: ★★★★★ (5/5 stars)
Fees: ★★★★★ (5/5 stars)
Support: ★★★★★ (5/5 stars)
Growth: ★★★★★ (5/5 stars)
Final Score: ★★★★★ (5/5 stars)