NSFX Forex Broker

NSFXReview SummaryFounded2004Registered Country/RegionMaltaRegulationMFSA (regulated), FCA (revoked)Market InstrumentsForex, commodities, indicesDemo Account✔Leverage/Spread/Trading PlatformNSFX JForexMinimum Deposit/Customer SupportPhone: (+356) 2778 1919Email: support@nsfx.comPhysical Address: Suite 124, Signature Portomaso, Vjal Portomaso, San Giljan, PTM01, MaltaLive chatNSFX Information NSFX, founded in 2004, is an old brokerage registered in Malta. The trading instruments it provides cover forex pairs, commodities, indices and so on.Pros and ConsProsConsMFSA regulatedRevoked FCA licenseThree types of trading accountsNo MT4 and MT5Demo account availableLimited information about account typesMultiple deposit and withdrawal methodsNo deposit feesIs NSFX Legit? NSBroker has two types of licenses, which are MFSA License and FCA License. But it is only regulated by MFSA in Malta because the current status of FCA License is revoked.Regulated AuthorityCurrent StatusRegulated CountryRegulated EntityLicense TypeLicense NumberThe Malta Financial Services AuthorityRegulatedMaltaALCHEMY MARKETS LTD.Market Making(MM)C 56519The Financial Conduct Authority (FCA)RevokedUnited KingdomNSFX LimitedEuropean Authorized Representative (EEA)595195What Can I Trade on NSFX? NSFX offers traders the opportunity to trade forex, commodities, indices.Tradable InstrumentsSupportedCommodities✔Indices✔Forex✔Stocks❌Cryptocurrencies❌Futures❌Options❌Account Types NSFX offers 3 different types of accounts to traders, which are ECN, Fixed Spread, JForex. But there isn't much information about accounts on its official website.Trading Platform NSFX's trading platform is NSFX JForex, which supports traders on PC, Mac, iPhone and Android.Trading PlatformSupportedAvailable DevicesSuitable forNSFX JForex✔PC, Web, Mobile/MT4❌/BeginnersMT5❌/Experienced tradersDeposit and Withdrawal The broker doesn't charge deposit fees or withdrawal fees. It supports 8 types of payment methods, which are Wire Transfer, MasterCard, Maestro, Visa, Skrill, Neteller, Fast Bank Transfer. If withdrawing with Skrill and Neteller, a fee of 2.9% will be charged.MethodDeposit Processing TimeDeposit FeesWithdrawal Processing TimeWithdrawal FeesWire TransferBetween 2-3 Days$0Up to 2 Business daysNo feesMasterCardInstant$0Up to 1 Business dayNo feesMaestroInstant$0Up to 1 Business dayNo feesVisaInstant$0Up to 2 Business daysNo feesSkrillInstant$0Up to 1 Business day2.90%NetellerInstant$0Up to 1 Business day2.90%Fast Bank TransferUp to 10 business days$0Up to 2 Business daysNo fees