NordFX | Binary Options Brokers

NordFX Review

NordFX
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Overview

With NordFX, customers can experience trading on a really modern level, as being one of the largest retail trading brands, NordFX makes almost all the latest financial instruments available for…

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Details

Broker NordFX
Website URL http://www.nordfx.com
Founded 2008
Headquarters 2nd Floor, 26 Bank Street, Cybercity, Ebene, Mauritius
Support Number +1 800 102 33 40
Support Types Phone , e-Mail , Message Form
Languages English , Chinese , Russian , Indonesian
Trading Platform SpotOption
Minimum 1st Deposit $5
Minimum Trade Amount $5
Maximum Trade Amount $1,000
Bonus 150% Welcome Bonus
Payout 85%
Free Demo Account Yes
Regulated Yes
Regulation Mauritius Financial Services Commission
Account Types Standard
Deposit Methods VISA , MasterCard , Bank Wire , Skrill Moneybookers , iDeal , POLi , Sofort , CashU , VISA Electron , Ukash , WebMoney , Paysafe Card , Inpay , NETELLER
Withdrawal Methods VISA , MasterCard , Bank Wire , Skrill Moneybookers , iDeal , POLi , Sofort , CashU , VISA Electron , Ukash , WebMoney , Paysafe Card , Inpay , NETELLER
Trading Methods Browser , Mobile
Number of Assets 59
Expiry Times 60 Sec , 5 Min , 15 Min , 30 Min , 1 Hr , 24 Hr , End of Day , End of Week , End of Month , End of Year
Types of Assets Currencies , Commodities , Indices , Stocks
Option Types Binary Options , 60 Seconds , Pairs , Long Term , One Touch , Ladder
Trading Currency USD
Account Currency USD
US Traders Allowed No
Mobile Trading Yes
Tablet Trading Yes
Overall Score 8

Screenshots

Screenshot 1 Screenshot 2

Pros

  • Regulated Broker
  • SpotOption Powered Trading Platform
  • Additional Forex Brokerage Service
  • Attractive Bonus Offers

Cons

  • Limited # of Language Alternatives
  • No Live-Chat Support

Full Review

Trustworthy Binary Broker SealWith NordFX, customers can experience trading on a really modern level, as being one of the largest retail trading brands, NordFX makes almost all the latest financial instruments available for trade. Due to the fact that our website mainly focuses on binary options, it will be the section we will be reviewing in this NordFX review. We developed no complaints or inconveniences whatsoever throughout our trading time with NordFX as all the trading tasks were executed smoothly and quickly. The trading platform offered by NordFX offers greater strategies and amazing social trading functionalities.

NordFX Special Features

Your trading career with NordFX is going to be advantageous, as NordFX is a fast, well-performing and reliable international multi-product platform. Your satisfaction is guaranteed as all the customers who register with NordFX and make a deposit receive all the features provided. Bonuses can also be claimed by the customers which can be as high as 150%, depending on the amount deposited by the customer.

Every customer receives the NordFX binary bonus as soon as they make a deposit. The only thing a trader is required to do is call the customer support and ask them for the 25%, 50% or 100% bonus. You will be given a brief overview of all the available offers for you by the support personnel responding. The turnover condition with NordFX is 30x before the bonuses can be withdrawn, and customers need to understand this thoroughly before they begin. It basically means that in order to withdraw the bonuses, a customer will have to trade 30 times more than the total bonus received. If customers deposit over $5000, they can receive a bonus of up to 150%.

**For now, the bonuses are still under examination and are being analyzed. They’ll be up for use as soon as NordFX confirms they function correctly.

NordFX YouTube Video Review

NordFX Trading Software

We tried the NordFX trading platform as a part of our NordFX review, and just like the case is with any other good broker, the platform is powered by SpotOption, the most popular software in the entire industry of binary options trading. Therefore, consistency and quickness would be some aspects you can surely expect. We did experience great speed and reliability throughout our experience using the software.

As a trader, you receive a lot of interesting perks and details from the software. It is not going to take long until your trades are all set and up and running, thanks to the simplicity. Options such as high/low, long term, turbo, 60 sec, option builder, pair and ladder will be available for you to use. Social trading, which has recently been on everybody’s lips is also supported by Nord FX. You can find it under the “Spot Follow” tab.

You receive an automatic strategy advisor system which will guide you as to what you should do next, helping you create effective strategies to make sure you make the best out of the market’s situation at the time for whatever asset you have chosen. This system makes use of trading indicators like RSI to figure out the accurate direction of the price, letting you know the same in a well-designed manner so you can make use of the same as soon as possible.

The assets include 24 indices, 36 stocks, 28 currency pairs and 4 commodities. With the help of these many available options, which makes NordFX a broker with one of the highest available assets, traders will find it easy to diversify their portfolios beautifully.

NordFX Support

There’s an easy way to contact the NordFX Support. All you need to do is log into your account and create a new support ticket which can be done in the account settings section. Live chat is also available for use. However, we waited up to ten minutes and still received no response. We would recommend you to go for e-mail, however, which may not be a faster way but is surely a better way to receive support when needed.

NordFX Deposit & Withdrawal Methods

Users can choose from a variety of methods to make deposits with Nord FX. However, first of all, traders need to deposit all the funds into their trading account before heading to the binary section and click deposit once again to add a portion of that money in the actual trading account so it can be used for binary options trades.

Users may either go for bank transfer or use cards for depositing such as VISA or MasterCard. These funding sources can be used for Poli, Skrill, ELV, Nordea, Bonifico, Sofort, inteligo, iDeal and Przelewy24.

Traders who possess a Neteller account can first transfer their money into their personal Neteller accounts and then fund their NordFX using Neteller. It supports GiroPay, Przelewy24, Bitcoin, PaySafe Card, Sofort, moneta.ru, Poli, Webmoney and Visa Electron.

Other methods such as OKpay, RBKMoney, Paxum, WalletOne and LavaPay can also be chosen. Other options consist of Yandex, Qiwi, PerfectMoney, OkPay, DixiPay, CashU, Payza, Payweb, FasaPay, FilsPay, VixiPay and a few other similar ones.

The minimum deposit NordFX requires you to make is just $5. We don’t usually see such low minimum deposit requirements, and it did bring a smile on our faces to see it in NordFX. This is going to help traders gain a lot of liquidity in their trading, making their lives as traders much easier.

When it comes to the minimum withdrawal account, there’s only good news once again. The minimum withdrawal is just $1, which basically means there is simply no minimum withdrawal requirement at all! A fee of 7.5 USD or 4% is charged when withdrawn using credit cards. Once all the documents and identification has been verified, processing withdrawals can take 5-6 days. The fee charged is all a part of the payment system or bank fee, and not a personal fee of NordFX, so basically NordFX does not charge you anything at all except for the mandatory payment system charges.

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Paul Graber

I was born in Manchester in 1967. I am an Economist with a Ph.D. degree. I have been working in the financial trading industry as a professional since 2003. I am a fan of Manchester United team. I am married and have a little princess.

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3 Responses to “NordFX”

  1. Trading from Australia. They perform very well indeed on both Binaries and Forex. I recommend Nord Fx.

    1. I am from Germany. I totally agree with you David. They are one of the best around!

    2. Hi David,
      I was dealing with the NordFX for the last three months. However, for some reason my account was handle by the Indian branch. Recently I made a significant profit of money in six figures due to Brexit and they wiped off my account. Luckily i managed to get screen shots on the computer to prove that I had the money in my account. I am struggling to find a contact in Australia to get more information about this. Do you happen to know any contact person, number or an email that I could use?

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