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Pros

Multiple trading assets and funding options
Low minimum deposit requirement ($10)
Availability of demo accounts for practice

Cons

No valid regulation, raising concerns about safety and credibility
Reports of withdrawal issues and delays
Limited access for clients from certain countries, including the USA and EU

NordFX broker Accounts

NordFX Account Type

NordFX offers four different types of trading accounts tailored to various trading needs and experience levels:

  • Fix Account
    • Minimum Deposit: $10
    • Spread: Fixed at 2 pips
    • Leverage: Up to 1:1000
    • Commission: None
    • Suitable For: Beginners looking for a low entry barrier to start trading.
    • Pro Account
      • Minimum Deposit: $250
      • Spread: Floating from 0.9 pips
      • Leverage: Up to 1:1000
      • Commission: None
      • Suitable For: Both beginners and experienced traders seeking better trading conditions.
      • Zero Account
        • Minimum Deposit: $500
        • Spread: Floating from 0.0 pips
        • Leverage: Up to 1:1000
        • Commission: 0.0035% per trade (each side)
        • Suitable For: Traders looking for direct access to interbank liquidity with minimal spreads.
        • Savings Account
          • Minimum Deposit: $500
          • Annual Interest Rate: Up to 30%
          • Loan Availability: Instant trading loans at 3%
          • Suitable For: Those seeking a balance of savings and trading options.

          NordFX Broker Account Opening Process

          Opening an account with NordFX is straightforward and can be completed in just a few steps:

          • Visit the NordFX Website: Go to the official NordFX website at www.nordfx.com.
          • Click on "Open Account": Locate and click the "Open Account" button on the homepage.
          • Fill Out the Registration Form: Provide necessary personal information including your name, email address, and phone number. Choose the type of account you want to open and the preferred currency (USD, BTC, ETH).
          • Verify Your Identity: You may need to upload documents such as a government-issued ID and proof of address to complete the verification process.
          • Fund Your Account: After verification, deposit funds using various payment methods (credit/debit cards, bank transfer, e-wallets).
          • Start Trading: Once your account is funded, you can begin trading across various financial instruments offered by NordFX.
          • These steps ensure a smooth onboarding experience for new traders.

            Sources:

NordFX accounts can be viewed for products that can be traded accounts with a minimum deposit of by (2+) .
NordFX Account