Nordex Invest Forex Broker

Risk Warning Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only. General Information & Regulation Feature Detail Regulation No Regulation Market Instrument 100+ assets: CFDs on Forex, Stocks, Crypto, Commodities, and Indices Account Type N/A Demo Account N/A Maximum Leverage 1:200 Spread N/A Commission N/A Trading Platform web Minimum Deposit $250 Deposit & Withdrawal Method Visa, MasterCard, SEPA, Bank Transfer and Bitcoin Nordex Invest is allegedly a forex and CFD broker registered in China that claims to provide its clients with over 100 tradable financial instruments with leverage up to 1:200 on the web-based trading platform. Here is the home page of this brokers official site: As for regulation, it has been verified that Nordex Invest currently has no valid regulation. That is why its regulatory status on WikiFX is listed as “No License” and receives a relatively low score of 1.26/10. Please be aware of the risk. Market Instruments Nordex Invest advertises that it offers access to over 100 assets, which include CFDs on Forex, Stocks, Crypto, Commodities, and Indices. Leverage The leverage provided by Nordex Invest is capped at 1:200. It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you. Trading Platform Available Instead of the world's most advanced and popularly-used MT4 and MT5 platforms, Nordex Invest gives traders a web-based trading platform. Anyway, you had better choose brokers who offer the leading MT4 and MT5, which are highly praised by traders and brokers alike due to their ease of use and great functionality, offering top-notch charting and flexible customization options. They are especially popular for their automated trading bots, a.k.a. Expert Advisors. Deposit & Withdrawal From the logos shown at the foot of the home page on Nordex Invests official website, we found that this broker seems to accept numerous means of deposit and withdrawal choices, consisting of Visa, MasterCard, SEPA, Bank Transfer and Bitcoin. However, some of the payment methods may not be available in your country. The minimum initial deposit requirement is said to be $250. Bonuses & Fees According to the clauses, to become eligible for withdrawals, people should trade 40 times each bonus dollar, but Nordex Invest fails to specify what 40 stands for. In any case, you should be very cautious if you receive a bonus. Bonuses aren't client funds, they're company funds, and fulfilling the heavy requirements that are usually attached to them can prove a very daunting and difficult task. Note that brokers are prohibited from using bonuses and promotions by all leading regulators. Also, an account becomes dormant after 12 months of inactivity and will be charged $30 annually. Customer Support Nordex Invest‘s customer support can be reached by email: support@nordexinvest.com. You can also follow this broker on social networks such as Twitter, Facebook, and Instagram. However, this broker doesn’t disclose other more direct contact information like telephone numbers or the company address that most transparent brokers offer. Pros & Cons Pros Cons • Multiple trading assets and payment options offered • No regulation • High minimum initial deposit ($250) • Lack of transparency Frequently Asked Questions (FAQs) Q 1: Is Nordex Invest regulated？ A 1: No. It has been verified that Nordex Invest currently has no valid regulation. Q 2: Does Nordex Invest offer the industry-standard MT4 & MT5？ A 2: No. Instead, Nordex Invest offers a web-based trading platform. Q 3: What is the minimum deposit for Nordex Invest？ A 3: The minimum initial deposit with Nordex Invest is $250. Q 4: Is Nordex Invest a good broker for beginners？ A 4: No. Nordex Invest is not a good choice for beginners. Not only because of its unregulated condition, but also because of its high initial deposit and lack of transparency.