NordFX Review 2026
Established in 2008
•
Vanuatu
• VFSC Regulated
NordFX offers forex and CFD trading services with a 3.7/5 rating. Regulated by VFSC, this broker offers spreads from 0.9 pips on EUR/USD with a minimum deposit of $10. Trade 150+ instruments including forex, CFDs, and more.
📊 NordFX Overview
NordFX (NFX Capital VU Inc) is a well-established broker founded in 2008 headquartered in Port Vila, Vanuatu. The broker operates under the supervision of VFSC .
With access to 150+ tradable instruments including 33 forex pairs , 20 cryptocurrencies , 65 stocks , and various indices, NordFX caters to diverse trading strategies.
| Legal Name | NFX Capital VU Inc |
|---|---|
| Founded | 2008 |
| Headquarters |
Port Vila, Vanuatu
|
| Primary Regulation | VFSC (Tier 3 - Basic) |
| Instruments | 150+ assets |
| Min Deposit | $10 |
| Max Leverage | 1:1000 |
📖 NordFX — In-Depth Introduction
Few brokers can match the 18-year legacy of NordFX, a true industry pioneer that has weathered multiple market cycles. NordFX holds a license from VFSC, providing basic regulatory coverage. Traders should understand that offshore regulation typically offers less investor protection than major financial centers. With a $10 minimum deposit requirement, NordFX removes barriers to entry for new traders.
Company Background
NordFX (legally NFX Capital VU Inc) has been operating in the financial services industry for 18 years. Headquartered in Port Vila, Vanuatu, the company has weathered multiple market cycles including the 2008 financial crisis and the 2020 pandemic volatility, demonstrating operational resilience.
The broker provides access to 150+ tradable instruments.
💸 NordFX Fees — Complete Cost Analysis
Trading costs at NordFX are reasonable, with 0.9 pip spreads on EUR/USD representing fair value in the current market. NordFX operates on a spread-only model with no commission charges on standard accounts. This simplifies cost calculation—what you see in the spread is what you pay. Consider this cost analysis: with 0.9 pip spreads, each standard lot trade on EUR/USD costs $9 in spread. An average retail trader making 50 trades monthly would spend approximately $450 on spreads.
Trading Costs Breakdown
💡 Cost Calculator: NordFX
Non-Trading Fees
| Fee Type | NordFX | Industry Average |
|---|---|---|
| Deposit Fee | Free | Free - $25 |
| Withdrawal Fee | Varies by method | $0 - $50 |
| Inactivity Fee | None | $10-50/month |
Want to compare fees with other brokers?
⚖️ Compare🛡️ Is NordFX Safe? — Complete Security Analysis
The 55/100 Trust Score reflects NordFX's middle-ground approach to safety. Not the safest option available, but not the riskiest either. Fund protection at NordFX may be more limited than tier-1 regulated brokers. We recommend not depositing more than you can afford to lose.
Regulatory Framework
Limited investor protection. Exercise caution and only invest what you can afford to lose.
Security Features Checklist
Understanding the Trust Score
Our 55/100 Trust Score is calculated using 15+ safety factors including regulation, company history, financial transparency, and client fund protection.
📋 Methodology👤 Who Should Use NordFX?
✅ Best For
- Beginners will appreciate NordFX's low $10 minimum deposit, free demo account, and educational resources. The learning curve is manageable, making it suitable for those just starting their trading journey.
- Muslim traders can benefit from NordFX's swap-free Islamic accounts, which comply with Sharia principles. No interest is charged on overnight positions.
- NordFX's copy trading functionality makes it ideal for passive investors who want market exposure without active management. Follow successful traders and replicate their strategies automatically.
❌ May Not Suit
- Traders prioritizing maximum safety may prefer tier-1 regulated alternatives with stronger investor protection schemes.
Looking for alternatives?
📝 The Bottom Line on NordFX
NordFX is a decent option worth considering with a 3.7/5 rating.
📈 NordFX Detailed Scores
Our expert team evaluates brokers across 8 key categories. Here's how NordFX performed in our rigorous testing:
NordFX is a decent choice but has areas that could be improved.
💰 NordFX Fees & Spreads
Understanding trading costs is crucial for profitability. NordFX uses a Variable spread model with no commission on standard accounts. The average EUR/USD spread is 0.9 pips — competitive compared to industry average.
📊 Typical Spreads
| Pair | Min | Average |
|---|---|---|
| EUR/USD | 0.9 | 0.9 pips |
| GBP/USD | 0.8 | 1.2 pips |
| USD/JPY | 0.6 | 1.0 pips |
| XAU/USD | 15 | 25 cents |
💳 Other Fees
| Commission (ECN) | No commission |
| Deposit Fee | Free |
| Withdrawal Fee | Free (method dependent) |
| Inactivity Fee | None |
| Swap-Free (Islamic) | ✓ Available |
💡 Trading Cost Example
Trading 1 standard lot (100,000 units) of EUR/USD with NordFX:
- Spread Cost: 0.9 pips × $10/pip = $9.0
- Commission: $0
- Total Cost: $9.0 per lot
🛡️ NordFX Regulation & Safety
NordFX is regulated by VFSC, a Tier 3 - Basic regulatory authority. While regulated, traders should be aware that offshore regulation may offer less protection than tier-1 jurisdictions.
📜 Regulatory Licenses
- VFSC 015068
🔒 Safety Features
- ✓ Segregated Client Funds
- ✓ Negative Balance Protection
- ✗ Investor Compensation
- — Publicly Traded
🎯 Trust Score: 55/100
Lower Trust: Exercise caution and verify all regulatory claims independently.
🖥️ NordFX Trading Platforms
NordFX offers 3 trading platforms, giving traders flexibility in how they access the markets. Mobile apps are also available for iOS and Android.
MetaTrader 4
The world's most popular forex platform. Ideal for beginners and algo traders with Expert Advisor support.
- ✓ Expert Advisors (EAs)
- ✓ Custom Indicators
- ✓ One-Click Trading
- ✓ Mobile & Desktop
MetaTrader 5
Advanced multi-asset platform with more timeframes, order types, and improved backtesting.
- ✓ 21 Timeframes
- ✓ Depth of Market
- ✓ Economic Calendar
- ✓ Multi-Asset Support
📋 Platform Comparison
| Feature | MT4 | MT5 | cTrader |
|---|---|---|---|
| Available | ✓ | ✓ | ✗ |
| Copy Trading | ✓ | ✓ | ✓ |
| Algo Trading | ✓ | ✓ | ✗ |
| VPS Available | Not offered | ||
| API Access | Not available | ||
🌐 NordFX Tradable Instruments
NordFX offers access to 150+ tradable instruments across multiple asset classes. This includes 33 forex pairs , 20 cryptocurrencies , and 65 global stocks.
👤 NordFX Account Types
NordFX offers various account types to suit different trading needs and experience levels. Demo accounts are available for practice. Swap-free Islamic accounts are also available for Muslim traders.
Practice with virtual funds
Compliant with Sharia law
Not available
Not available
Replicate successful traders
💳 NordFX Deposits & Withdrawals
NordFX requires a minimum deposit of $10 — one of the most accessible in the industry.
📥 Deposit Methods
- 💳Credit/Debit Cards
- 🏦Bank Wire Transfer
- 📱E-Wallets (Skrill, Neteller)
📤 Withdrawal Methods
- 💳Credit/Debit Cards
- 🏦Bank Wire Transfer
- 📱E-Wallets
⚖️ NordFX Pros & Cons
✅ Pros
- Competitive spreads with average 0.9 pips on EUR/USD
- Regulated by VFSC with investor protection
- Offers both MetaTrader 4 and MetaTrader 5 platforms
- Free demo account available for practice
- Low minimum deposit of just $10 makes it accessible
- Negative balance protection for retail traders
- Copy trading available for passive investing
- Swap-free Islamic accounts available
❌ Cons
- Offshore regulation offers less protection than tier-1 jurisdictions
- Limited educational resources for advanced traders
📚 NordFX Education & Research
NordFX's educational offerings are limited compared to some competitors.
Limited
Not available
Basic coverage
Available on trading platforms
🎧 NordFX Customer Support
NordFX offers customer support to assist traders with their queries.
⭐ NordFX User Reviews
📝 User reviews will be displayed here. Share your experience with NordFX!
Write a Review🏆 NordFX — Our Verdict
NordFX is a decent broker with some limitations. With VFSC regulation, 0.9 pips EUR/USD spreads, and a $10 minimum deposit, this broker is particularly accessible for beginners .
Best for: Beginners with limited capital , Passive investors
⚠️ Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74-89% of retail investor accounts lose money when trading CFDs with this provider. Consider whether you understand how CFDs work and whether you can afford the high risk of losing your money.
❓ NordFX — Frequently Asked Questions
Is NordFX a safe and regulated broker?
Yes, NordFX is regulated by VFSC, which is a Tier 3 - Basic regulatory authority. Client funds are kept in segregated accounts with negative balance protection.
What is the minimum deposit at NordFX?
The minimum deposit at NordFX is $10. This is considered low and accessible for beginners.
What trading platforms does NordFX offer?
NordFX offers the following trading platforms:
- MetaTrader 4 (MT4) — The most popular forex trading platform
- MetaTrader 5 (MT5) — Advanced multi-asset platform
- Web Platform — Trade directly from your browser
- Mobile Apps — Available for iOS and Android
What are NordFX's spreads on EUR/USD?
NordFX offers EUR/USD spreads with an average of 0.9 pips. The broker uses Variable spreads.
How long do withdrawals take at NordFX?
Withdrawal processing times at NordFX depend on the payment method:
- E-wallets: 0-24 hours
- Credit/Debit Cards: 2-5 business days
- Bank Transfers: 3-7 business days
Does NordFX offer a demo account?
Yes, NordFX offers free demo accounts with virtual funds so you can practice trading without risking real money. This is an excellent way to test the platform and develop your trading strategy.
What is NordFX's maximum leverage?
NordFX offers maximum leverage of 1:1000. However, note that leverage limits vary by region due to regulatory requirements:
- EU/UK/Australia: Up to 1:30 for major forex pairs (retail)
- Professional traders: Higher leverage may be available upon qualification
- Other jurisdictions: Leverage up to 1:1000 may be available
Higher leverage increases both potential profits and potential losses.
Can I use NordFX in ?
NordFX accepts traders from . The broker operates under VFSC regulation. Always verify current availability and applicable regulations on the broker's website.
Does NordFX offer Islamic (swap-free) accounts?
Yes, NordFX offers Islamic (swap-free) accounts that comply with Sharia law. These accounts do not incur swap charges for positions held overnight. Contact NordFX's support to request an Islamic account.
What instruments can I trade with NordFX?
NordFX offers access to 150+ tradable instruments:
- 33 Forex currency pairs
- 20 Cryptocurrencies
- 65 Stock CFDs
- 11 Index CFDs
- 5 Commodities