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NordFX Review
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NordFX Review
scams withdrawal

With this online payment platform, it may take up to 24 hours. You won’t be charged a fee when you deposit via Ngan Luong and Dragonpay. NordFX, however, will charge you a commission for a deposit of 4% when you use PayToday. That time I was blindly trusted Abhishek’s words against to his employee.A employee always followed company rules and policies.When I understood that then I was so late. The secure back office of NordFX handles all withdrawal requests. Traders must first transfer funds from their MT4 terminal to the back office via “Deposit / withdraw funds from the MT4 balance,” and then to their preferred payment processor.

I was very much afraid that they would not give me money. Now I will return money to them again, I only lost interest for the transfer back and forth. For the last three months, I had about twenty transactions both to buy and to sell. I manage to profit a bit, I withdrew the profit very quickly, I have kept my main deposit in the account, will go on trading.

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Therefore, we do not charge any fee for consultations. Leads may be provided to third-party vendors that offer compensation in return. And why do you just mess up the water and confuse people! I had an advisor-robot that worked at NordFX, I myself there traded by hand. And here I read nonsense about them, that they steal money, got scared, decided to close the account, and take the money. And there is a lot of money there, consider my salary for 2 months.

Overall NordFX Ranking

You can also contact their offices via telephone, email, or social media. The only difference is the spreads and commission. These two fees depend on the asset you’re trading.

red flag

However, the company does not have FCA regulations. Trading Futures and Options on Futures involves substantial risk of loss and is not suitable for all investors. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. You may lose all or more of your initial investment. Opinions, market data, and recommendations are subject to change at any time.

I was always got paid promptly once the moment I made profit.

NordFX Pro account ($250 minimum deposit)

Theycould go from one day to another since there are no banking information about them. To avoid falling victim to these scams, effective fund recovery is essential. The first step is to accept that you may have been defrauded and take action by closing your account. If this does not work, consider enlisting the help of experts in fund recovery such as Global Assets Refund, as fraudulent brokers are unlikely to return the money they have stolen. We advise all investors and traders to avoid NordFX due to its regulatory issues. Sign in with well-regulated brokers such asBlackBull Markets and FBS Broker.

Also, another scam we often see, and we saw with NordFX as well, is a lottery. For lucky customers who reach a certain number of trades, profit, etc., will be provided some special conditions. A legit broker does not need such games since his regulation and trustworthiness are behind it. An MT4 demo account is available at NordFX, which does not list a time limit. It is ideal for testing trading strategies and algorithmic trading solutions/EAs. The flexibility of the MT4 demo account option can create trading conditions as close as possible to live accounts, but no demo can substitute the experience and emotions of live trading.

Most of the scammers are experienced manipulators and before you know it they’d ask for your bank card numbers to assist you with the deposit. There is also a chance to become a victim of Identity theft, experiencing many more problems consequently. Although not all cryptocurrency scams are immediately apparent, they can be incredibly convincing and skilled at enticing individuals to invest large amounts of money.

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NordFX is a brand owned by NFX Capital CY Ltd from Cyprus, regulated by CySEC. However, the company has another entity in Vanuatu, NFX Capital VU INC, regulated by VFSC. Having a CySEC brand at your disposal is always good, but what happens if you are assigned to an offshore one?

Different types of accounts on NordFX (Pro, Fix, Zero)

Their educational materials can be helpful, especially to new traders. Their website is easy to navigate and has all the essential information you need. This platform has all the features and tools that can be found on the MetaTrader 4 software. The only difference is this additional application is ideal for traders with multiple accounts.

Since both of these entities have the same website, you can never know to which one you belong, and your funds belong. Prompt withdrawals and support in Sinhala Language are important factors to trade with NordFx. Hello, I'm Stan Baus - NordFX's customer care team. We are ready to help you and understand the current situation. Please let me know your account number in order to verify you as a real client of our company, as well as to study your trading history.

Please note that equity markets open and close each trading and are not operational continuously like Forex and cryptocurrencies. Here is the minimum spread for the EUR/USD and the trading costs per 1.0 standard in both. Looks like the competitors of NordFX are paying you - Honey_Man. First of all it is not legal and if you have proves you should apply. Secondly, there is no logic in it as according to your words they sell their clients to other partners. Your request to cancel all trades or cancel all negative trades is declined. Reviews

A proprietary mobile trading app is also available, displaying the commitment to trading needs primarily of millennial and GenZ traders. Help future customers by talking about customer service, price, delivery, returns & refunds. You are able to request withdrawal of your balance at any time. Trading FX or CFDs on leverage is high risk and your losses could exceed deposits. In each such case, the client's trading method is considered by the company as doubtful and contrary to the rules of normal trading in the markets. Some consumers may think that third-rate or offshore licenses are sufficient, but they are not worth the virtual paper they are printed on.

It’s important to note that the minimum withdrawal is $1. The tradeable assets on this account are the same as the Pro account. Account specifications of the Pro Trading Account of NordFXThis specific account type is excellent for well-seasoned traders. You will have access to a wide range of trading tools that will help increase your probability of gain, and you can take advantage of the fast execution of your trades. As’s the case with many brokers, you are seeing some trading ads and signing up. Yes, the broker might seem legit and regulated, like NordFX, but here comes the catch.

In contrast, regulated firms are required by law to adhere to a slew of regulations that ensure the safety of client’s funds. The broker offers various deposit and withdrawal options, including Bank Transfers, Credit/Debit Card,s and e-wallets such as Skrill, Neteller, and Webmoney. The broker claims that its e-wallet deposits and withdrawals are instant, whereas bank transfers can take 3-5 working days. However, due to its unregulated nature, there are no strict guarantees on payment procedures. NordFX offers two commission-free trading accounts, Fix and Pro, one commission-based alternative, Zero, and a DeFi Savings account.

limefx broker was founded in 2008 as an investment company providing financial services to both retail clients and institutional investors. NordFX is registered in the Republic of Mauritius. The company’s activities and services are licensed by the Financial Services Commission Republic of Mauritius. The broker’s central office is also located in the Republic of Mauritius.

  • Frankly, I never heard of some of the payment systems, and I saw them in the list of the broker for the first time.
  • NordFX Copy trading options is one of the best features which gave an opportunity to me to make good earning in forex market even being a Layman.
  • If the NordFX has done the following, you have probably a victim of NordFX scam broker.
  • Therefore, we would advise every client to check under which entity of NordFX broker it belongs.

Reinstatement of positions were used instead of price adjustment as more profitable action for the client. Both prices are BETTER for client than the actual market price at the time of closing those orders using non-market quote. I have enough trust and respect on Global Nordfx but not Indian Nordfx.

Minimum Deposit

NordFX offers bank wires, credit/debit cards, WebMoney, Skrill, Neteller, Perfect Money, Ngan Luong, PayToday, Dragonpay, QIWI, and Z-Payment. All traders will find a suitable payment method, but I am missing cryptocurrencies, especially since NordFX grants Bitcoin and Ethereum as account base currencies. NordFX provides multilingual 24/5 customer supports, best reached via live chat. Clients may also fill out the web form, send an e-mail, or call one of the seven provided phone numbers. I doubt most will require any assistance, as NordFX explains its products and services well but ensures customer support remains swiftly accessible. One of the most ignored trading costs is swap rates on leveraged overnight positions.

  • Reprint of the materials is available only with the permission of the editorial staff.
  • It’s important to note that the minimum withdrawal is $1.
  • However, we were unable to find the information in which banks are the funds held.
  • The entire responsibility for the contents rests with the commentators.
  • NordFX also doesn’t use the more updated and user-friendly MetaTrader 5 platform.

Past performance is not indicative of future results. NordFx is an excellent Forex broker that offers low spreads and good trading conditions. Not anyone can gain access to their educational materials. You will need to sign up or create an account to be able to start learning with NordFX.

fund recovery offers over 30 currency pairs, bitcoin, other cryptocurrencies, gold and silver for your personal investment and trading options. Complementing copy trading is the PAMM service available at NordFX, catering to traditional retail account management under the NordFX umbrella. Completing the asset management focus at NordFX are five investment funds this broker manages. The minimum deposit requirements range between $500 and $2,000 with an investment timeframe from three months to one year. NordFX maintains 33 currency pairs, 11 cryptocurrency pairs, four commodities, six index CFDs, 68 equity CFDs, and five investment funds. NordFX is ideal for scalpers who require the most liquid assets with tight spreads.

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