NordFX review.

Overview

TrueBroker is a free broker safety checker, and this page is our review of NordFX, scored 6.3 out of 10 across regulation, fees, platform, support and reviews.

NordFX is marketed under two separate legal entities. The firm’s own platforms page names NordFX LTD, registered in Saint Lucia at Ground Floor, The Sotheby Building, Rodney Village, Rodney Bay, Gros-Islet, as the site owner, and names Nord Premium LTD, registered in Mauritius at Suite 201, Level 2, The Catalyst, 40 Silicon Avenue, Ebene, as the group’s regulated Investment Dealer, both said to sit under “Nord Group”. A third name appears on the site’s own Legal Disclaimer page, which identifies the operating entity as “NFX Capital (hereinafter ‘Nordfx’)”, a name that matches neither NordFX LTD nor Nord Premium LTD used in the footer elsewhere on the site. A reader trying to work out which entity they would actually be contracting with, and which regulator to complain to, has three different names to reconcile.

What the registers show for NordFX

The FSC Mauritius Online Public Register confirms Nord Premium LTD, licensed as an SEC-2.1B Investment Dealer (Full Service Dealer excluding Underwriting) on 30 May 2025. That register publishes the licence type and date but not a licence number, so the company and its permission are confirmed while the number GB24204016 quoted on the firm’s page is not. Separately, the Saint Lucia Registry of International Business Companies name search confirms “NordFX Ltd. (IBC)” as a listed International Business Company, but the free search publishes no registration number, incorporation date or status, those sit behind a paid, account only search, and an IBC listing is a company registration rather than a licence to deal in forex or CFDs, so the number 2023-00470 quoted on the firm’s page was not verified against it. We also searched 1,441 warning-list entries mirrored from the CySEC, FCA and FSC Mauritius lists, running a positive control against a firm known to be listed first so an empty result means absence rather than a broken search, and NordFX appears on none of them.

Overview Table

Facts List

• Nord Premium LTD’s FSC Mauritius Investment Dealer licence, dated 30 May 2025, is confirmed on the FSC Mauritius Online Public Register; the register does not publish the licence number the firm quotes, GB24204016.
• NordFX LTD’s Saint Lucia IBC listing is confirmed on the Saint Lucia Registry of International Business Companies name search, but that search publishes no registration number, incorporation date or status, and an IBC listing is a company registration rather than a trading licence.
• We searched 1,441 warning-list entries mirrored from CySEC, FCA and FSC Mauritius; NordFX appears on none of them.
• The site’s Legal Disclaimer page names the operating entity as “NFX Capital (hereinafter ‘Nordfx’)”, a name that does not match NordFX LTD or Nord Premium LTD used elsewhere on the site.
• The homepage banner advertises “Automatic Withdrawals 24/7”, but the firm’s own Customer Support FAQ states withdrawal requests are processed daily only from 9:00 to 18:00 CET, not on weekends or holidays, with card withdrawals taking 5 to 6 business days and bank transfers 3 to 5 business days.
• The firm’s account terms state leverage can be decreased without prior notice, that oil and gas are capped at 1:10, and that accounts with exposure of 5 to 10 million USD equivalent are capped at 1:500 and over 10 million at 1:200.
• Swap-free accounts, offered only to clients who provide proof of Islamic religious belief, still carry daily storage fees on many instruments after a grace period, including $10 per day per lot on forex from the 8th day, tripled on Wednesdays, and $50 per day per lot on natural gas from the 1st day, tripled on Fridays.
• A trading account left inactive for more than 90 days is archived, and the client must submit an activation request to regain access to the Trader’s Cabinet or trading terminal.
• The firm’s Legal Disclaimer page, published in Ukrainian, states that Nord FX and its web-hosting providers are not liable for damages or losses caused by service interruption or inability to use the website, and separately that Nord FX is not liable for the accuracy of information available on the site.
• The support page lists a physical address at Spoorstraat 17P, Amersfoort, Netherlands, a third location distinct from the registered offices of either disclosed legal entity.

Key Takeaways

The score of 6.3 rests on a regulatory picture that is thin and mismatched to the register’s own limits, fee tables that are genuinely itemized, a platform layer loaded with clauses that favor the broker over the client, and our earlier review that turns out to describe a business that does not match what NordFX’s own pages show today.

What the registers actually confirm about NordFX

• The FSC Mauritius Online Public Register confirms Nord Premium LTD holds a SEC-2.1B Investment Dealer (Full Service Dealer excluding Underwriting) licence, dated 30/05/2025. The register publishes the licence type and date but not a licence number, so the company and that permission are confirmed while the specific number NordFX quotes, GB24204016, is not something the register lets us check.
• The Saint Lucia Registry of International Business Companies name search confirms “NordFX Ltd. (IBC)” exists as an International Business Company. That free search does not publish a registration number, incorporation date or status, so the number NordFX cites, 2023-00470, was not verified against it. An IBC listing is a company registration, not a licence to deal in forex or CFDs.
• We searched 1441 warning-list entries mirrored from CYSEC, the FCA and FSC Mauritius, running a positive control first so an empty result means absence rather than a broken search. NordFX appears on none of them. That is a genuine clean result, but it only covers three regulators’ published warnings, not every regulator worldwide.
• The firm’s own pages give three different names for who a client actually contracts with: NordFX LTD (Saint Lucia) and Nord Premium LTD (Mauritius) in the footer, and “NFX Capital”, referred to as “Nordfx”, on the Legal Disclaimer page. None of the fetched pages resolve which entity a support ticket, a withdrawal request or a dispute is actually made against.

What NordFX charges to deposit and withdraw

• NordFX’s fee page shows Skrill deposits carrying a $1.50 fee under $20 and no fee above that threshold, with Skrill withdrawals charged at 1% from $0.50.
• Neteller deposits cost $1.50 under $40 and 4% above it; Neteller withdrawals are charged 2% from $1.
• Visa/Mastercard deposits carry no fee, and cryptocurrency deposits and withdrawals (Tether, USD Coin, Bitcoin, Binance Pay) are listed with no fees, with transfer time set by the blockchain rather than the broker.
• Bank transfer/IMPS withdrawals to India are charged at 4%, and the broader set of regional e-wallets (BKash, Nagad, UnionPay, Alipay, WeChat Pay, UPI and others) carry withdrawal fees ranging 1.5% to 4% depending on method and country, against typically fee-free deposits.
• MT5 Pro and MT5 Zero swap-free accounts are not free of ongoing cost: NordFX’s own account page sets a $10-per-lot daily storage fee on forex from the 8th day (tripled on Wednesdays), $30 per lot on gold from the 8th day, and $50 per lot on natural gas from the 1st day, tripled on Fridays.
• NordFX’s account page also states a volume discount applies once trading turnover exceeds 1000 lots per month, without stating the discount’s size.

Contract terms that favor NordFX over the client

• The MT5 Pro/MT5 Zero account footnotes state leverage can be cut without prior notice depending on market conditions, that oil and gas are capped at 1:10 regardless of the account’s headline leverage, and that exposure above $5 million drops leverage to 1:500, and above $10 million to 1:200.
• The same footnotes state that one hour before market close, the margin call/stop-out level can rise to 200% without prior notice, and that swap amounts can be changed without notice to the client “to align with market conditions.”
• NordFX’s margin call definition gives the broker the right, but not the obligation, to close client positions at margin call, before the lower stop-out level is reached.
• News trading with stop orders is stated as unsupported on these accounts because, in the firm’s own words, the MT server does not always count the gap level correctly during strong market movements.
• NordFX’s Swap Free Specifications state that swap-free status can be withdrawn based on the firm’s own automated analysis of trading activity, with the client notified only after the fact.

Support and platforms

• Support channels listed on NordFX’s contact page are email (support@nordfx.com and a separate finance@nordfx.com for crediting issues), a department-routed ticket form, a UK phone number staffed 24/5, and QQ numbers for Chinese clients.
• The two live account lines are MT4/MT5 Pro (no commission, spreads from 10 pips) and MT4/MT5 Zero (spreads from 0.0 pips, a 0.0035% per-side commission), with minimum deposits stated at $10-$50 for Pro and $100-$200 for Zero across the fetched pages.
• NordFX’s own Customer Support FAQ states withdrawal requests are processed only from 9:00 to 18:00 CET on business days, with card withdrawals taking 5-6 business days and bank transfers 3-5 days, against the homepage’s “Automatic Withdrawals 24/7” banner.
• The same FAQ states an account inactive for more than 90 days is archived, and the client must submit an activation request to regain access to the Trader’s Cabinet or trading terminal.

Where our earlier review no longer matches NordFX’s own pages

• Our earlier review describes NordFX as “currently unregulated.” NordFX’s own pages instead name Nord Premium LTD as regulated by the Financial Services Commission of Mauritius, a status the register confirms for the entity and licence type, even though the specific licence number is not something the register publishes.
• Our earlier review’s “Fix” and “Savings” account types, including a Savings account advertising up to 30% annual interest, and promotions such as a “$100,000 Super Lottery” and a “Refer a Friend” bonus, do not appear on any of NordFX’s fetched pages, which list only MT5 Pro, MT5 Zero, MT4 Pro and MT4 Zero.

Licenses & Regulation

NordFX operates across two disclosed entities. Nord Premium LTD, registered in Mauritius, holds a licence confirmed on the FSC Mauritius Online Public Register as SEC-2.1B Investment Dealer (Full Service Dealer excluding Underwriting), licensed 30/05/2025. That register publishes the licence type and date but not a licence number, so while the company and its permission are confirmed, the number GB24204016 quoted on the firm’s own platforms page is not something the register shows.

What Saint Lucia registration actually confirms about NordFX LTD

The site’s other entity, NordFX LTD, gives its registered office as the Sotheby Building, Rodney Village, Rodney Bay, Gros-Islet, Saint Lucia. A name search on the Saint Lucia Registry of International Business Companies (Pinnacle St. Lucia) does list “NordFX Ltd. (IBC)” as an International Business Company. That search publishes no registration number, incorporation date, or status, all of which sit behind a paid, account-only search, so the number 2023-00470 quoted on the firm’s own pages was not itself verified against the register. More to the point, an IBC listing is a company registration, not a licence to deal in forex or CFDs. Whatever protection NordFX LTD clients have rests on Nord Premium LTD’s Mauritius licence, if that is in fact the entity a client is trading with, not on the Saint Lucia registration.

A second instance of the same 2023-00470 number appears on the firm’s platforms page with no issuing authority named at all. There is no register to check an unattributed number against, so that is a gap in what the firm’s own page states, not a finding about the firm one way or the other.

Which entity a client is actually contracting with

The site’s footer names NordFX LTD (Saint Lucia) and Nord Premium LTD (Mauritius) as the operating entities, and describes NordFX LTD as “authorized and regulated in various jurisdictions.” The firm’s own Legal Disclaimer page, however, names the operating entity as “NFX Capital”, referred to there as “Nordfx”, a name that matches neither NordFX LTD nor Nord Premium LTD used everywhere else on the site. A client trying to work out which entity they are contracting with, and so which regulator or register to escalate a complaint to, is given three different names across the firm’s own pages. The support page then lists a physical address in Amersfoort, Netherlands, a third jurisdiction distinct from either Saint Lucia or Mauritius, with no indication of which entity operates from it.

The Legal Disclaimer page also carries clauses under the NFX Capital / “Nordfx” name disclaiming liability for the accuracy of the site’s own published information and for losses arising from site downtime, and placing responsibility on the client for decisions made using information the firm itself publishes. These sit on the same page as the name mismatch, which matters because a client relying on the trading conditions or account terms published elsewhere on the site is, per this disclaimer, taking that information at their own risk.

Warning lists and what was checked

We searched 1,441 warning-list entries mirrored from CySEC, the FCA and the FSC Mauritius, and NordFX appears on none of them. Before relying on that absence we ran a positive control against a firm known to be listed on two of those registers, so an empty result here means the firm was not found rather than that the search itself failed silently. That clean result covers only the three regulators mirrored, not every regulator globally, so it says nothing about jurisdictions outside those three.

Restricted jurisdictions

The firm’s own platforms page states that NordFX LTD does not offer its services to residents of the USA, Canada, the EU, Russia, Cuba, Sudan, Syria, Malaysia, Panama, Indonesia, Japan, Brazil, Ukraine, North Korea, or Myanmar. That list is confirmed on two separate pages of the firm’s own site in identical wording.

Contract terms that follow from the regulatory picture

The firm’s own contract terms, published on the platforms page, give NordFX the right to cut a client’s leverage without prior notice, to raise the margin-call and stop-out levels to 200 per cent in the hour before market close without warning, and to change swap amounts without notification. The margin-call clause itself states that at that warning threshold “the broker has the right (but is not obliged) to close one or several of the client’s positions according to market conditions”, meaning there is no guaranteed protective action until the separate, lower stop-out level is reached. None of this is unusual for a CFD broker’s terms as such, but it is worth reading against the entity confusion above: a client relying on these terms for recourse first has to establish which of NordFX LTD, Nord Premium LTD, or NFX Capital they actually agreed them with.

How to Trade

NordFX’s own account-types pages describe four ways to trade: MT5 Pro, MT5 Zero, MT4 Pro and MT4 Zero, all run on MetaTrader software rather than a proprietary platform. The firm’s Indonesia-region homepage rates MetaTrader 4 at 4.8 with more than 55 million downloads and MetaTrader 5 at 4.6 with more than 35 million downloads, and lists both under “All Platforms” on the Australia-region markets page as well.

What NordFX lets a client trade

The Indonesia-region root page lists four instrument groups: forex (“over 30 pairs, including most popular currencies such as USD, GBP, EUR, JPY, AUD, NZD”, spread from 0 pips), commodities (“gold, silver, oil and gas”), shares and indices (“20+ world leading industry companies” including Apple, Amazon, Tesla, IBM, Intel and Visa, plus indices such as the S&P 500, Dow Jones and Nasdaq), and cryptocurrencies (BTC, ETH, DOGE, BNB, LTC, XRP, SOL, traded 24/7).

The four account types NordFX publishes

The Indonesia-region platforms page gives MT4 Pro a minimum deposit of $10, spread from 10 pips, leverage up to 1:1000 and zero FX commission, against MT4 Zero at a $100 minimum, spread from 0.0 pips, the same leverage cap, and a commission of 0.0035% per trade on each side. A separate account-types page puts MT5 Pro at a $50 minimum deposit, trading crypto, metals, FX, energies, indices and stocks on market execution, floating spreads “from 10 pips” on currency pairs, gold and silver, no fee on FX and 0.025% per side on crypto, a maximum of 100 open positions or pending orders, margin call and stop-out levels of 40% and 20%, and free margin interest of 3.8% annually. The UK-region accounts page gives MT5 Zero a $200 minimum deposit, the same instrument range with ECN access to interbank liquidity, spreads “from 0.0 pips” on FX, gold and silver and “from 1 pip” on crypto, a commission of 0.0035% per trade on each side for FX and 0.025% per side on crypto, and the same 40%/20% margin call and stop-out levels and 3.8% free margin interest. NordFX’s platforms page also notes a discount on commission once a client’s trading turnover exceeds 1,000 lots in a month, without stating the discount’s size.

The conditions that move without notice

A footnote to the MT5 Pro/MT5 Zero account terms states that “leverage could be decreased without prior notice for any instrument or account depending on current market conditions”, that leverage on oil and gas is fixed at 1:10 regardless of the account’s headline cap, and that an account exposure of 5 to 10 million USD equivalent caps leverage at 1:500, rising past 10 million to a cap of 1:200. A second footnote on the same page states that “one hour before market closing, margin call/stop out levels can be increased to 200 per cent without prior notice”, well above the 40%/20% levels quoted for the accounts above. A third footnote states that because the MT server doesn’t always count the gap level correctly when activating stop and stop loss orders during strong market movements (e.g. major economic news), news trading with stop orders isn’t supported for this account type. A fourth states that “the swap amount can be modified without prior notification to align with market conditions.” Separately, in its Additional Information section, NordFX defines a margin call as a warning that appears when the equity/margin ratio falls below the allowed level, adding that “the broker has the right (but is not obliged) to close one or several of the client’s positions according to market conditions”, discretionary action, not a guaranteed safeguard, ahead of the account’s separate stop-out level.

The same platforms page states that Multiple Close-by “is not available for crypto pairs and indices.”

NordFX’s swap-free account and its storage fees

NordFX’s platforms page describes a Swap Free account option available only to clients with Islamic religious beliefs who provide sufficient proof of religion, under which no interest or swap is paid or earned. The same Swap Free Specifications section states that certain symbols instead carry a daily storage fee once a grace period passes: forex at $10 per day per lot from the 8th day (charged triple on Wednesdays to cover the weekend), gold (XAUUSD) at $30 per day per lot from the 8th day (also tripled on Wednesdays), natural gas (XNGUSD) at $50 per day per lot from the 1st day (tripled on Fridays), oil at $25 per day per lot from the 6th day, indices and US stocks at $1 per day per lot from the 6th day, and BTCUSD at $15 per day per lot from the 1st day. The same section states that NordFX can disqualify an account from swap-free status “in the event of abuse of the benefits associated with trading on swap-free accounts,” based on the firm’s own automatic real-time software analysis of trading transactions, with the client notified only afterward through the personal cabinet.

Who NordFX will not open an account for

Both the UK-region and Australia-region platform pages state that “NordFX LTD does not offer its services to residents of the following jurisdictions: USA, Canada, EU, Russian Federation, Cuba, Sudan, Syria, Malaysia, Panama, Indonesia, Japan, Brazil, Ukraine, North Korea, Myanmar.”

Account Types

NordFX’s own account-navigation pages list four MetaTrader account types: MT5 Pro, MT5 Zero, MT4 Pro and MT4 Zero. Our earlier review also described “Fix” and “Savings” accounts, the Savings account paying up to 30% annual interest on a $500 minimum, plus a “$100,000 Super Lottery” and a “Refer a Friend” bonus. Those do not appear anywhere in the firm’s own fetched pages, so we report them only as what the earlier review said, not as current offers.

MT4 accounts

MT4 Pro opens with a $10 minimum deposit. NordFX’s own page gives spreads from 10 pips, leverage up to 1:1000, and no FX commission. MT4 Zero’s own page was not among those we fetched, so its minimum deposit is not confirmed here; the homepage advertises Zero accounts with 0 spread and a commission of 0.0035%, currently halved to 0.00175% on gold.

MT5 accounts

MT5 Pro opens with a $50 minimum deposit. The firm’s page lists trading in crypto, metals, FX currency pairs, energies, indices and stocks, margin call and stop out levels of 40% and 20%, a cap of 100 open positions or pending orders, market execution, floating spreads from 10 pips on currency pairs plus gold and silver, no fee on FX, 0.025% per side on crypto, quote precision to 5 digits, minimum lot 0.01 and maximum 100 in 0.01 steps, and free margin interest of 3.8% annually.

MT5 Zero opens with a $200 minimum deposit and adds access to interbank liquidity described as ECN. The same 40%/20% margin call and stop out levels and 100 position cap apply. Spreads run from 0.0 pips on FX, gold and silver and from 1 pip on crypto, with a commission of 0.0035% per trade on each side for FX and 0.025% per side on crypto. Quote precision and the 3.8% annual free margin interest match MT5 Pro.

What NordFX’s account footnotes actually allow the firm to do

The footnotes attached to the MT5 Pro and MT5 Zero account tables carry terms that matter more than the headline spreads. Leverage “could be decreased without prior notice for any instrument or account depending on current market conditions,” and the firm’s own table caps leverage at 1:10 for oil and gas, at 1:500 for account exposure between 5 and 10 million USD equivalent, and at 1:200 above 10 million, regardless of what the account’s advertised leverage otherwise shows. One hour before market closing, the margin call and stop out levels “can be increased to 200 per cent without prior notice,” which is a far higher threshold than the standard 40%/20% pair listed above. The same page states that because the MT server does not always calculate the gap level correctly during strong market movements, “news trading with stop orders isn’t supported for this account type,” and that the swap amount “can be modified without prior notification to align with market conditions.”

Swap free option

NordFX’s own page describes a Swap Free account option, available only to clients who provide sufficient proof of Islamic religious belief, that pays or charges no swap or interest. It comes with its own cost structure: certain symbols instead carry a daily storage fee once a grace period ends. The firm’s fee listing gives $10 per day per lot on Forex from the eighth day, tripled on Wednesdays to cover the weekend; $30 per day per lot on gold (XAUUSD) from the eighth day, also tripled on Wednesdays; and $50 per day per lot on natural gas (XNGUSD) from the first day, tripled on Fridays. The contract terms extend this list further to oil at $25 per day per lot from the sixth day, indices and US stocks at $1 per day per lot from the sixth day, and BTCUSD at $15 per day per lot from the first day. NordFX’s own terms also state that the account can lose swap free status based on automatic real time software analysis of trading transactions, with the client notified only afterward in the personal cabinet.

Volume discount

NordFX’s fee material lists a commission discount for clients whose trading turnover exceeds 1,000 lots per month, without stating the discount’s size.

What we could not confirm about Nord Premium and NordFX Ltd

Nord Premium LTD is confirmed on the FSC Mauritius Online Public Register as holding an SEC 2.1B Investment Dealer licence (Full Service Dealer, excluding Underwriting), issued 30 May 2025. The register publishes the licence type and date but not a licence number, so the quoted number GB24204016 was not itself verified against the register. Separately, “NordFX Ltd. (IBC)” is confirmed on the Saint Lucia Registry of International Business Companies name search as an International Business Company, but that free search publishes no registration number, incorporation date or status, so the quoted number 2023-00470 was not verified, and an IBC registration is a company record rather than a licence to deal in forex or CFDs. NordFX does not appear on any of the 1,441 warning list entries we mirror from CYSEC, the FCA and the FSC Mauritius.

Negative Balance Protection

NordFX’s account pages give the margin call and stop-out levels for its two MetaTrader 5 account types in a single line: MT5 Pro and MT5 Zero both carry a margin call level of 40% and a stop-out level of 20%. That is the number the firm publishes for where the platform starts warning a client and where it starts closing positions for them; it is not a promise about what happens to the account balance if a loss overshoots that level.

What NordFX’s own footnotes add to the headline numbers

The same platforms page carries a set of footnotes attached to the MT5 Pro and MT5 Zero listings that change how those headline levels actually work. One footnote states that “one hour before market closing, Margin call/Stop out levels can be increased to 200 per cent without prior notice”, meaning that in the hour before close, the 20% stop-out threshold quoted above does not hold, and positions can be force-closed at a much higher equity level with no warning to the client. A separate footnote defines a margin call itself as a warning that appears when the equity/margin ratio falls below the allowed level, and adds that “the broker has the right (but is not obliged) to close one or several of the client’s positions according to market conditions.” On NordFX’s own wording, reaching margin call does not guarantee any protective action; the firm may act, or may not, at its own discretion, with the lower stop-out level as the only level it commits to acting on.

Two more footnotes on the same page bear on how a drawdown plays out. One says stop-loss and stop orders are not supported for news trading on these accounts, because the MT server doesn’t always count the gap level correctly when activating stop and stop loss orders during strong market movements (e.g. major economic news), the exact moments when a client is most likely to be relying on a stop order to cap a loss. Another states that “the swap amount can be modified without prior notification to align with market conditions,” so the daily financing cost feeding into an open position’s running loss is itself not fixed.

Leverage can be cut without notice

The platforms page also sets out that leverage “could be decreased without prior notice for any instrument or account depending on current market conditions.” It gives concrete floors rather than leaving this abstract: leverage on OILS and GAS is capped at 1:10 regardless of account type, and once an account’s exposure reaches 5 to 10 million USD equivalent, leverage drops to 1:500; above 10 million it drops to 1:200. Whatever headline leverage figure a client opened an account under, the firm’s own terms reserve the right to reduce it, and commit to reducing it automatically once exposure passes those thresholds.

Swap-free accounts and the storage fees that stand in for a swap

NordFX’s Swap Free account option is restricted to clients with Islamic religious beliefs who provide sufficient proof of religion, and the platforms page states that eligibility can be pulled after the fact: in the event of abuse of the benefits associated with trading on swap-free accounts, the account may be disqualified from that feature, based on automatic real-time software analysis of trading transactions, with the client notified only afterward, in the personal cabinet. The same page lists per-instrument daily storage charges that apply to swap-free accounts once a grace period passes: $10 per day per lot on forex from the 8th day (charged triple on Wednesdays to cover the weekend), $30 per day per lot on gold from the 8th day on the same Wednesday-triple basis, and $50 per day per lot on natural gas from the first day, tripled on Fridays. A position held open through a losing stretch on a swap-free account is not free of carrying costs; it accrues these storage charges instead of a conventional swap, and they compound daily once the grace period lapses.

What the pages we fetched do not cover

NordFX’s homepage lists Negative Balance Protection among its advantages, but only as a one line label. None of the account pages we read sets out its terms, a maximum-loss commitment, or what happens to a client’s account if losses run past zero equity, so the label is the whole of the promise we can report, alongside the mechanics the firm does publish: a discretionary margin call, a stop-out level that the firm’s own footnote says can be raised to 200% without notice in the hour before close, and leverage the firm can reduce unilaterally.

Trading Instruments

NordFX’s own pages, fetched from the id-root and gb-platforms sources, list four asset groups on the trading side: Forex covering “over 30 pairs, including most popular currencies such as USD, GBP, EUR, JPY, AUD, NZD”; commodities described as “basic commodities traded on world markets such as gold, silver, oil and gas”; shares and indices, with the id-root page naming “20+ world leading industry companies” including Apple, Amazon, Tesla, IBM, Intel and Visa alongside major indices such as the S&P 500, Dow Jones and Nasdaq; and cryptocurrencies, where the same page names BTC, ETH, DOGE, BNB, LTC, XRP and SOL as tradeable around the clock.

What NordFX actually prices these through

The account pages narrow that list to four live account types: MT5 Pro, MT5 Zero, MT4 Pro and MT4 Zero. The id-platforms page describes MT5 Pro as covering “Crypto, Metals, FX Currencies, Energies, Indices & Stocks” with floating spreads from 10 pips on currency pairs, gold and silver, no fee on forex and 0.025% per side on crypto. MT5 Zero, per the gb-accounts-3 page, carries the same instrument range but with spreads from 0.0 pips on FX, gold and silver, from 1 pip on crypto, and a per-side commission of 0.0035% on FX and 0.025% on crypto. The id-root page separately quotes MT4 Pro at “Spread from 10 pips” with zero FX commission and MT4 Zero at “Spread from 0.0 pips” with the same 0.0035% per-trade FX commission. All four accounts are quoted with leverage up to 1:1000, though the gb-platforms footnote on the MT5 Pro and MT5 Zero pages states leverage “could be decreased without prior notice for any instrument or account depending on current market conditions,” that oil and gas leverage is capped at 1:10, and that accounts with 5 to 10 million USD equivalent exposure are capped at 1:500 and those over 10 million at 1:200. So the up to 1:1000 figure advertised for the instrument groups does not hold across the commodities and larger positions.

Where the asset list stops matching the marketing

The platform page we fetched does itemise contract symbols, among them XAUUSD and XAGUSD for gold and silver, UKOIL, USOIL and XNGUSD for energy, indices from AUS200 and DE40 to US500 and USTEC, and shares such as AAPL, AMZN and TSLA, so the “20+” and “over 30” figures can be checked against a named list. Our earlier review from also described “Fix” and “Savings” account types, the latter offering up to 30% annual interest on a $500 minimum, plus a “$100,000 Super Lottery” and a “Refer a Friend” bonus; none of that appears on the firm’s own account-type navigation, which lists only MT5 Pro, MT5 Zero, MT4 Pro and MT4 Zero. That is a second hand claim from an earlier publication, not something we verified on NordFX’s current pages, and a reader should not assume those account types or promotions still exist.

Costs layered onto the instrument list

The gb-platforms page sets out per lot daily storage fees for the swap free account option, which is restricted to clients with Islamic religious beliefs, who provide sufficient proof of religion. Forex positions are charged $10 per day per lot from the eighth day, tripled on Wednesdays to cover the weekend; gold (XAUUSD) is charged $30 per day per lot on the same eighth day schedule; and natural gas (XNGUSD) is charged $50 per day per lot from the first day, tripled on Fridays. The same page notes a “Multiple Close by” order function is not available for crypto pairs and indices. On the deposit and withdrawal side, the gb-fees page lists no fees on Visa and Mastercard deposits, a Skrill deposit fee of $1.50 under $20 and free above that, and a Neteller deposit fee of $1.50 under $40 rising to 4% above it; withdrawal fees on the same page run 1% from $0.5 on Skrill and 2% from $1 on Neteller. NordFX also names crypto payment rails, including Tether on TRC20, BEP20 and ERC20, USD Coin on BEP20 and ERC20, Bitcoin and Binance Pay, as carrying no fees on either side.

Regulatory standing behind the tradeable range

The FSC Mauritius Online Public Register confirms that Nord Premium LTD holds a SEC 2.1B Investment Dealer licence (Full Service Dealer excluding Underwriting), licensed 30/05/2025, though the register publishes the licence type and date rather than a licence number, so the number GB24204016 quoted on NordFX’s own page is not itself confirmed by the register. The Saint Lucia Registry of International Business Companies name search confirms “NordFX Ltd. (IBC)” as a registered international business company, but that free search does not publish a registration number, incorporation date or status, and an IBC registration is a company registration rather than a licence to deal in forex or CFDs; the number 2023-00470 quoted for it was not verified against the register. We searched 1,441 warning list entries mirrored from the FCA, CySEC and FSC Mauritius registers, and NordFX does not appear on any of them, which is a clean result limited to those three regulators rather than a clearance from every authority.

Education & Analysis

NordFX runs its trading on two platforms only, according to the firm’s own pages: MetaTrader 4 and MetaTrader 5. The firm’s Indonesia-facing homepage lists MT4 with a 4.8 rating and more than 55 million downloads, and describes MT5 as its successor, rated 4.6 with more than 35 million downloads. The Australia-facing markets page repeats the same two platforms under an “All Platforms” navigation menu, with no other platform named on either page we fetched.

How NordFX splits accounts across MT4 and MT5

The firm ties its account types directly to platform and execution model rather than offering platform choice within a single account. The Indonesia root page lists MT4 Pro (minimum deposit $10, spreads from 10 pips, leverage up to 1:1000, zero FX commission) and MT4 Zero (minimum deposit $100, spreads from 0.0 pips, leverage up to 1:1000, commission of 0.0035% per trade on each side). On MT5, the account pages describe MT5 Pro (minimum deposit $50, floating spreads from 10 pips on currency pairs, gold and silver, no fees on FX, 0.025% per side on crypto, up to 100 open positions or pending orders, market execution, five-digit quote precision, lot sizes from 0.01 to 100 in 0.01 steps, and free margin interest of 3.8% annually) and MT5 Zero (minimum deposit $200, floating spreads from 0.0 pips on FX, gold and silver and from 1 pip on crypto, commission of 0.0035% per trade on each side on FX and 0.025% per side on crypto, with the same margin call and stop-out levels of 40% and 20%). NordFX’s platform pages also note that Multiple Close-by, an MT4/MT5 order-management function, is not available for crypto pairs and indices.

What NordFX’s own footnotes let it do inside MT4 and MT5

The MT5 Pro and MT5 Zero account footnotes we read carry conditions that shape how those platforms actually behave for a client. Leverage can be decreased without prior notice for any instrument or account depending on market conditions, and the advertised leverage does not hold everywhere: oil and gas is capped at 1:10, and exposure between 5 and 10 million USD equivalent is capped at 1:500, dropping to 1:200 above 10 million. One hour before market close, the margin call and stop-out levels can be raised to 200%, again without prior notice, which functions as a tighter forced-liquidation threshold at day’s end. The same footnotes state that news trading with stop orders is not supported on these accounts, because the MT server does not always count the gap level correctly when activating stop and stop-loss orders during strong market movements such as major economic news. Swap amounts, separately, can be modified without prior notification to align with market conditions. NordFX’s platform page also defines margin call itself as only a warning: the broker “has the right (but is not obliged) to close one or several of the client’s positions” once the equity-to-margin ratio falls below the allowed level, ahead of the separate, lower stop-out trigger.

Swap-free accounts and the daily charges that come with them

NordFX’s platform page offers a swap-free option restricted to clients “with Islamic religious beliefs” who provide “sufficient proof of religion.” In place of swap, several instruments on that option carry a daily storage fee once a grace period passes: Forex at $10 per lot per day from the eighth day, gold (XAUUSD) at $30 per lot per day from the eighth day, and natural gas (XNGUSD) at $50 per lot per day from the first day, with each charged at triple rate on the day set to cover the weekend gap (Wednesday for Forex and gold, Friday for natural gas). The same page states that swap-free status can be withdrawn if the firm’s automated real-time analysis flags abuse of the feature, with the client notified in the personal cabinet only after the fact.

The account split between NordFX’s two client portals

NordFX’s Australia-facing markets page describes a “New Private Area” available only to accounts registered after 7 October 2025, alongside an “Old Private Area” reached by account number for everyone else. The page gives no further detail on what changes between the two beyond the registration-date cutoff, so which platform features or account management functions differ between them is not established by what we read.

What our earlier review claimed that NordFX’s own pages do not show

An earlier review of this firm described “Fix” and “Savings” account types, with the Savings account offering up to 30% annual interest on a $500 minimum, plus promotions including a “$100,000 Super Lottery” and a “Refer a Friend” bonus. The account-type navigation on the pages we fetched lists four account types only, all tied to MetaTrader: MT5 Pro, MT5 Zero, MT4 Pro and MT4 Zero. Neither a Savings account nor the named promotions appear among them.

On analysis tools beyond the trading terminals, the only reference in the material we read is indirect: NordFX’s Legal Disclaimer states that the client agrees the firm is not liable for decisions made using information obtained on the website, a clause covering the site’s Market Analysis pages by name. The disclaimer text itself, translated from Ukrainian in the version we read, adds that NordFX is not liable for the accuracy of any information available on this website, which extends to whatever market commentary or analysis the site carries.

Special Offers

The account pages we fetched for NordFX describe four tiers: MT5 Pro, MT5 Zero, MT4 Pro and MT4 Zero. All four are priced through spreads and, on the two Zero accounts, a per-side commission of 0.0035% per trade on FX; the Pro accounts carry floating spreads with no separate FX commission. None of the pricing text on those pages describes a deposit match, a welcome bonus or a promotional credit of any kind. We did not fetch a dedicated promotions or bonus page for NordFX, so what follows rests on what the account, fee and platform pages mention in passing, not on a page built to list current offers.

The one turnover discount NordFX’s own page names

A footnote on NordFX’s platforms page states that a discount is provided once a client’s monthly trading turnover exceeds 1,000 lots. The page gives the trigger but not the size of the discount, so this review can report that the condition exists without being able to say what it is worth in practice.

An award claim sitting on the fees section

The page positioned in the fees section of NordFX’s site does not carry a fee schedule. Instead it carries a company-news article headlined “NordFX Recognised as Fastest Withdrawals Broker Asia 2026”, credited to International Business Magazine Awards. That is a self-reported award notice, not published cost or speed data, and it sits where a reader looking for fee information would expect to land.

What an earlier review described, and what we can’t confirm

An earlier review of this firm described a lottery-style promotion with a $100,000 prize pool and a separate refer-a-friend bonus, alongside two account types called Fix and Savings, with the Savings tier said to pay up to 30% annual interest against a $500 minimum. None of that appears on the pages we fetched from NordFX’s own site: the account-type navigation there runs only to MT5 Pro, MT5 Zero, MT4 Pro and MT4 Zero, and no fetched page mentions a lottery, a referral bonus, or a Fix or Savings account. We hold no basis in NordFX’s own current pages for confirming those promotions or account types are still running, or that they matched the firm’s offering at the time that earlier review was written.

Who would actually stand behind an offer

Any promotion is only as good as the entity that has to honour it, and NordFX’s own pages are not consistent on that point. The site footer names NordFX LTD (Saint Lucia) and Nord Premium LTD (Mauritius) as the operating entities, but the Legal Disclaimer page instead names the operator as “NFX Capital”, referred to there as “Nordfx”, a name that matches neither of the other two. The same Legal Disclaimer page states, in its own words, that Nord FX is not liable for the accuracy of information available on the website and that a client agrees Nord FX is not liable for decisions made based on information obtained on the website. Read together with the mismatched entity name, a client trying to establish which company issued a given promotional term, or who to hold to it, is working from footer text that does not agree with itself.

Opening an Account

Opening an account with NordFX means choosing between four account types, each tied to a different platform and minimum deposit. The firm’s own account-types page gives MT4 Pro a minimum deposit of $10 and MT4 Zero $100, while a separate account page puts MT5 Pro at $50 and MT5 Zero at $200. The Pro variants carry no FX commission and wider floating spreads; the Zero variants drop spreads toward 0.0 pips on FX, gold and silver but add a per-side commission, quoted as 0.0035% per trade. There is also a fifth option, a Swap Free account, restricted as described below rather than open to everyone.

Who NordFX will not open an account for

NordFX LTD’s own platforms page states plainly that it “does not offer its services to residents of the following jurisdictions: USA, Canada, EU, Russian Federation, Cuba, Sudan, Syria, Malaysia, Panama, Indonesia, Japan, Brazil, Ukraine, North Korea, Myanmar.” Anyone resident in one of those countries is excluded from opening an account regardless of which platform or account type they want.

The Islamic swap-free option comes with a proof requirement

The firm’s platforms page describes the Swap Free account as available only to clients with Islamic religious beliefs who supply sufficient proof of religion before the account is granted swap-free status. That status is not permanent either: the same page’s Swap Free Specifications note that the firm can disqualify an account from the swap-free feature based on its own automatic real-time analysis of trading activity, sending a notification to the client’s personal cabinet only after the fact, not before.

What NordFX asks for on paper, and what we could not read

The firm’s Client Agreement page lists the titles of the documents that are supposed to govern account opening and verification, including a Client Agreement, three numbered attachments, a Refund Policy, a document titled “KYC Requirements,” and a NordFX Withdrawal Policy and Procedures. That page gives only the titles and links to those documents, not their clause text, so while we can confirm NordFX names a KYC Requirements document as part of onboarding, we did not read what identity or verification steps it actually specifies.

Which entity a new client is actually signing up with

The site’s footer names NordFX LTD, registered in Saint Lucia, as the site owner, and separately names Nord Premium LTD, registered in Mauritius, as the group’s regulated Investment Dealer entity. We checked both. The Financial Services Commission of Mauritius’s own public register confirms Nord Premium LTD holds an SEC-2.1B Investment Dealer licence dated 30/05/2025, though the register publishes the licence type and date rather than a licence number, so the GB24204016 figure quoted on the firm’s page is not itself confirmed by the register. Separately, Saint Lucia’s company name search confirms “NordFX Ltd. (IBC)” is registered there as an International Business Company, but that free search publishes no registration number, incorporation date or status, and an IBC registration is a company registration rather than a licence to deal in forex or CFDs. On top of that, the firm’s own Legal Disclaimer page names the operating entity as “NFX Capital,” referred to there as “Nordfx,” a name that matches neither NordFX LTD nor Nord Premium LTD used in the site’s own footer. A client opening an account is not given a consistent answer, across the firm’s own pages, as to which of these three named entities they are actually contracting with.

Logging into the account once it’s open

NordFX runs two separate client login portals: a “New Private Area” for accounts registered after October 7th, 2025, and an “Old Private Area” reached by account number for everyone else. Which portal a new client ends up using depends on the date they open the account, not on anything they choose. Separately, the firm’s Customer Support FAQ states that a trading account left inactive for more than 90 days is archived, after which the client can no longer log into the Trader’s Cabinet or trading terminal without first submitting an account activation request.

What the warning-list check adds

We searched 1,441 warning-list entries mirrored from CySEC, the FCA and the FSC Mauritius, and NordFX does not appear on any of them. That is a clean result across the lists we mirror, not a clearance from every regulator, and it says nothing about which of the three named entities above a prospective client’s account would actually sit with.

Deposits & Withdrawals

NordFX’s fee page sets out separate charges for deposits and withdrawals by payment method, and none of the account-type pages describe a promotional credit tied to either.

Funding an account with NordFX

Card deposits by Visa or Mastercard carry no fee, according to the firm’s fee page. E-wallet deposits are cheaper below a threshold and more expensive above it: Skrill charges $1.5 on deposits under $20 and nothing above that, while Neteller charges $1.5 under $40 but 4% above it, so a larger Neteller top-up costs proportionally more than a small one. The same fee page lists cryptocurrency deposits (Tether on TRC20, BEP20 or ERC20; USD Coin on BEP20 or ERC20; Bitcoin; Binance Pay) as carrying no fee, with transfer time left to the blockchain. A separate set of regional e-wallet and bank-transfer rails (BKash, Nagad, UnionPay, Alipay, WeChat Pay, UPI, PayTM, GPay, PhonePe, TC Pay, JazzCash, EasyPaisa, GCash, PayMaya, InstaPay, PESONet, UPay, iPay, VietQR, ZaloPay) covering currencies including BDT, CNY, INR, IRR, PKR, PHP, LKR and VND typically carry no deposit fee on the same page.

What NordFX charges to withdraw

Withdrawals cost more than deposits across the methods the fee page lists. Skrill withdrawals carry a 1% fee starting from $0.5, and Neteller withdrawals carry a 2% fee starting from $1. Withdrawals to India by bank transfer or IMPS carry a 4% fee, with a transfer period the page states as up to 24 hours. The regional e-wallet and bank-transfer group carries withdrawal fees the fee page ranges at 1.5% to 4% depending on the method and country, against deposits on the same rails that the page describes as typically free. The firm’s fee page does not state a withdrawal fee for cryptocurrency.

Processing timing sits outside the fee page, on the Customer Support FAQ, which states that withdrawal requests are processed daily between 9:00 and 18:00 CET, are not processed on weekends or holidays, and that a request submitted after 18:00 carries over to the next business day. The same FAQ gives card transfers to Visa or Mastercard as taking 5 to 6 business days and bank transfers as averaging 3 to 5 business days. That is worth setting against the firm’s own homepage banner, which advertises “Automatic Withdrawals 24/7” elsewhere on the site: the support FAQ’s own stated hours and multi-day transfer windows for cards and bank transfers do not match a 24/7 automatic claim.

Costs that build up while money sits in the account

The account-conditions page sets out a daily storage fee that applies to swap-free accounts once a grace period passes: $10 per day per lot on Forex from the 8th day, charged triple on Wednesdays to cover the weekend, $30 per day per lot on gold (XAUUSD) from the 8th day on the same triple-Wednesday basis, and $50 per day per lot on natural gas (XNGUSD) from the 1st day, charged triple on Fridays. The same page states that swap-free status is restricted to clients who provide sufficient proof of Islamic religious belief, and that the firm can disqualify an account from swap-free treatment based on its own automated, real-time analysis of trading activity, notifying the client only after the fact.

Separately, the Customer Support FAQ states that a trading account left inactive for more than 90 days is archived, after which the client can no longer log in to the Trader’s Cabinet or trading terminal without first submitting an account activation request. That is a hurdle between a client and their own balance, not a stated fee, but it belongs in the same picture as the withdrawal timing above: money in a NordFX account is not necessarily money a client can move out on demand.

Discounts and what the account pages don’t say

The account-conditions page states that a commission discount is available once trading turnover exceeds 1,000 lots per month, without quoting the size of the discount. The MT5 Zero account listed on the firm’s UK accounts page is priced through a per-side commission of 0.0035% on FX trades and floating spreads from 0.0 pips, while MT5 Pro on the firm’s Indonesian platforms page carries no stated FX commission and floating spreads from 10 pips instead; the pages we fetched describe both account types this way and say nothing about a deposit bonus, cashback or promotional credit on either.

Customer Support

NordFX splits its support contact points across several channels rather than a single help desk. The firm’s Customer Support Service page lists a department-routed contact form (Customer Service, Payments, Technical Support, Marketing, Broker, and HR queues), a general support address at support@nordfx.com, and a separate finance@nordfx.com line specifically for lost transfers or deposits that have not been credited. A phone line, +44 7458164424, is described as a Bangla and English support number staffed 24/5. For China, the same page lists three QQ numbers rather than a phone line or ticket queue. None of these pages give response-time commitments, so how quickly any of these channels actually answer is not something we can report from what we read.

What NordFX’s own FAQ says about withdrawal timing

The Customer Support FAQ on the firm’s contact page states that withdrawal requests are processed daily only between 9:00 and 18:00 CET, are not processed at all on weekends or holidays, and that any request submitted after 18:00 is carried over to the next business day. The same FAQ gives separate timelines by method: card transfers to Visa or Mastercard take five to six business days, and bank transfers average three to five business days. That is a narrower window than the “Automatic Withdrawals 24/7” language the firm uses elsewhere on its site, and a client submitting a withdrawal outside the 9:00 to 18:00 CET window, or over a weekend, should expect the processing clock to not start until the firm’s next business day.

What happens to a dormant NordFX account

The same FAQ states that a trading account left inactive for more than 90 days is archived, and that the client can no longer log into the Trader’s Cabinet or the trading terminal at all without first submitting a separate account activation request. Anyone who steps away from a NordFX account for three months should expect to have to actively request access back before they can even view a balance, let alone raise a support ticket about it.

Which NordFX entity a complaint actually reaches

The support channels above sit on top of a site that names its operator inconsistently. The footer used across most pages we read describes the site as owned and operated by NordFX LTD, registered in Saint Lucia, as part of Nord Group, alongside Nord Premium LTD, registered in Mauritius. The Saint Lucia company registry‘s free name search does show “NordFX Ltd. (IBC)” as a listed International Business Company, and the Financial Services Commission of Mauritius register does show Nord Premium LTD, licensed 30/05/2025 as an Investment Dealer, so both names correspond to real, findable registrations. But the firm’s own Legal Disclaimer page names the operating entity differently again, as “NFX Capital,” referred to there as “Nordfx” and used nowhere else on the site. A client trying to work out which entity they are contracting with, and so which regulator or company registry a complaint should ultimately go to, is given three different names across the firm’s own pages: NordFX LTD, Nord Premium LTD, and NFX Capital.

The support page compounds this by listing a fourth address, a physical location at Spoorstraat 17P, Amersfoort, 3811MN, Netherlands, that does not match the Saint Lucia or Mauritius addresses given for the two named legal entities. Nothing on the pages we read states which entity operates from that Dutch address or what oversight, if any, applies to support handled from it.

Liability NordFX disclaims for its own site

The Legal Disclaimer page also limits what a client can rely on if a support interaction, or the site itself, goes wrong. It states that the firm is not liable for the accuracy of information published on the site, that the client agrees the firm is not liable for decisions made using information obtained on the website, and that the firm and its web-hosting providers are in no case liable for damages or losses caused by service interruption or an inability to use the website. The same page restricts clients from reproducing, transmitting, or copying material from the site without the firm’s prior written permission. Taken together, a client who acts on information from the site, or who is unable to reach the site or their account during an outage, is told by the firm’s own disclaimer that the firm carries no liability for either.

Separately, the Client Agreement page we read lists only the titles of the firm’s governing documents, including its Refund Policy, KYC Requirements, and NordFX Withdrawal Policy and Procedures, as links rather than clause text, so what those documents actually say about handling a complaint or a refund is not something we can report.

Prohibited Countries

NordFX LTD’s own account page names fifteen jurisdictions it will not serve: “NordFX LTD does not offer its services to residents of the following jurisdictions: USA, Canada, EU, Russian Federation, Cuba, Sudan, Syria, Malaysia, Panama, Indonesia, Japan, Brazil, Ukraine, North Korea, Myanmar.” The same wording appears on both the firm’s platforms page and its markets page, so this is a settled list rather than a one-off disclaimer buried on a single page.

What the list actually covers

The exclusion is written as “EU” rather than naming individual member states, and “USA” rather than distinguishing US states or territories. Read plainly, that bars residents of all European Union countries and of the United States as a bloc, alongside Canada, Russia, and eleven named countries spanning sanctioned states (Cuba, Sudan, Syria, North Korea), a handful of Asian and Latin American markets (Malaysia, Panama, Indonesia, Japan, Brazil), and Ukraine. The firm’s own pages give no separate reasoning for why each country sits on the list, and no distinction between sanctions-driven exclusions and licensing-driven ones. Because the wording is identical across both pages we fetched, there is nothing here to suggest the restriction varies by product or account type; it reads as a blanket service bar.

What is missing from NordFX’s own pages

The pages we fetched give the list itself but not the mechanics behind it. None of the 26 pages we fetched states how residency is checked at signup, none states what happens to an existing account if a client relocates to one of the fifteen jurisdictions, and none carries carve-out language for professional or institutional clients in the barred countries. The Client Agreement page we fetched lists only titles and links to KYC Requirements and other legal documents, without the clause text, so whatever verification process backs this restriction is not available from what we read. That is a limit on what we found, not a statement that the firm has no such process.

How this sits against Nord Premium’s Mauritius licence

The Financial Services Commission of Mauritius register confirms that Nord Premium LTD holds an SEC-2.1B Investment Dealer licence (Full Service Dealer excluding Underwriting), licensed 30/05/2025, though the register publishes only the licence type and date and not the licence number, so the number GB24204016 quoted on the firm’s own page is not itself confirmed by the register. Separately, the Saint Lucia Registry of International Business Companies confirms “NordFX Ltd. (IBC)” as a registered International Business Company, though the free name search we used does not publish a registration number, incorporation date or status, and an IBC registration is a company filing rather than a licence to deal in forex or CFDs. Neither register entry says anything about which client jurisdictions either entity is permitted or barred from serving; the fifteen-country exclusion is a policy stated on NordFX’s own site, not a term drawn from either register.

Entity naming adds a wrinkle

The same footer that names NordFX LTD as the site operator sits alongside a separate Legal Disclaimer page that names the operating entity as “NFX Capital (hereinafter ‘Nordfx’)”, a name that matches neither NordFX LTD nor Nord Premium LTD used elsewhere on the site. The prohibited-countries statement itself is attributed to NordFX LTD, but a client trying to work out which entity is actually enforcing the country bar, and which regulator would hear a complaint about it, is handed inconsistent entity names across the firm’s own pages.

Warning-list result

We searched 1,441 warning-list entries mirrored from the CYSEC, FCA and FSC Mauritius warning lists, and NordFX appears on none of them. That result covers only the three regulators we mirror, not a global sweep of every warning list in existence, and it is a separate question from the residency restriction above: a clean result on these three lists says nothing about whether regulators in any of the fifteen excluded countries have taken a position on the firm.

Conclusion

NordFX splits into two names on its own pages. Nord Premium LTD holds a Mauritius licence: the FSC Mauritius register confirms Nord Premium as SEC-2.1B Investment Dealer (Full Service Dealer excluding Underwriting), licensed 30/05/2025, though the register publishes only the licence type and date, not a licence number, so the GB24204016 figure quoted on the firm’s own page is not something the register itself confirms. NordFX LTD, the entity the site is actually run under, sits in Saint Lucia. The Saint Lucia registry’s free name search confirms “NordFX Ltd. (IBC)” exists as an International Business Company, but that search publishes no registration number, incorporation date or status, so the 2023-00470 number the firm quotes is likewise unconfirmed, and an IBC listing is a company registration rather than a licence to deal in forex or CFDs. A third name, NFX Capital, appears on the Legal Disclaimer page as the entity behind “Nordfx,” matching neither NordFX LTD nor Nord Premium LTD used in the site footer. A client trying to work out which entity they are contracting with, and which regulator (if any) to complain to, is handed three different names across the firm’s own pages.

What NordFX’s own terms allow

The account footnotes on NordFX’s platforms page give the firm wide unilateral latitude. Leverage “could be decreased without prior notice for any instrument or account depending on current market conditions,” and drops to 1:200 above 10 million USD exposure regardless of what is advertised elsewhere. One hour before market close, margin call and stop-out levels “can be increased to 200 per cent without prior notice.” Swap amounts “can be modified without prior notification to align with market conditions.” And swap-free account status can be pulled by the firm’s own automated trade analysis, with the client told only after the fact. None of these require the firm to warn a client before acting.

What NordFX charges

The fee page NordFX publishes sets deposit fees at $1.50 for Skrill and Neteller deposits under $20 and $40 respectively, free above those thresholds, and no fee at all for Visa/Mastercard. Withdrawals carry a 1% fee from $0.50 on Skrill and 2% from $1 on Neteller, and bank transfer withdrawals from India run 4%. Separately, the platforms page discloses a daily storage fee on swap-free accounts once a grace period passes: $10 per lot per day on forex from the 8th day, $30 on gold, and $50 per day from day one on natural gas, each tripled on the day meant to cover the weekend. A swap-free account is marketed as a way to avoid overnight interest for religious reasons; these storage charges reintroduce a cost that functions the same way under a different name.

Where NordFX’s marketing and its own FAQ disagree

NordFX’s homepage advertises “Automatic Withdrawals 24/7.” Its own Customer Support FAQ states withdrawal requests are processed daily only from 9:00 to 18:00 CET, not on weekends or holidays, with card withdrawals taking 5 to 6 business days and bank transfers 3 to 5. The two claims, both from NordFX’s own site, do not describe the same withdrawal process.

On the clean side, NordFX does not appear on any of the 1,441 warning-list entries mirrored from CySEC, the FCA and the FSC Mauritius, and that search was checked against a known-listed firm first to confirm the search itself works. That is a real finding, but it only covers the three lists mirrored here, not every regulator.

NordFX pairs a confirmed Mauritius dealer licence for Nord Premium LTD with unresolved licence and registration numbers, three inconsistent entity names, a marketing claim on withdrawals that its own FAQ contradicts, and contract terms letting it cut leverage, raise stop-out levels, and revoke swap-free status without prior warning, landing it at 6.3 out of 10, down from our previous score of 6.6.

FAQ