Anything above that will have to be sent using another means such as a wire. Well, if you do not have constant access to a PC then it could be the best choice. Mobile networks are always slow and it is really hard to chart on a mobile screen. You can also graph out the order depth and see how the market looks across buys / sells. The NordFX MT5 platform has also included an Economic calendar right there so that you can see a timeline of the latest upcoming economic events / announcements. In terms of the platform itself, there are a host of other features that are not offered on the MT4.

Over four million traders have enjoyed a decade of successes, awards, and constant access to global financial markets. You can create trading accounts, modify leverage, allow swap-free options, and edit or restore passwords. You can make deposits and withdrawals using the most common payment… They offer exceptional online trading services to retail and institutional clients from all over the world. Clients have access to segregated accounts at top-tier financial institutions, secure deposits and withdrawals as well as competitive leverage. You probably already knew that one of the platforms was the Meta Trader 4, and you were right.

The program can be installed on your smartphone for free, and its functionality does not differ from the desktop version of the platform. Your other market instruments consist of Commodity markets which offer different asset opportunities for traders. Investing in contract-based tradable goods is a dependable way to alleviate risk during times of inflation or economic uncertainty. There are, however, execution-only brokers, they do not get involved with any direct personal investment guidance. These brokers charge much fewer commissions but the traders have to take complete control over how they trade the markets. The Pro Account – This account offers very lucrative trading conditions but it is still suitable for both beginner and expert traders.

And the fact that I was advised to use a profitable expert – I don’t see any violation in that. NordFX offers The Fix Account has spread from 2pips, the Pro Account has spread from 0.9pips, the Zero Account has spread from 0.0pips and the Crypto Account has spread from 1pips. Quotes and trades are usually subject to the terms and conditions of a Client Agreement, which is accessible through the broker’s website. Trading Forex/CFD and Options on margin and using a higher than necessary leverage can be either beneficial or detrimental to a trader.

Broker quotes

Some of them are bank wire, credit cards, Skrill, Qiwi, WebMoney, Neteller, VixiPay, OKPay, Fasapay, and many more. The withdrawals are processed very fast, so you do not have to wait longer than a few days for the money to appear in your account. tradeallcrypto The only limitation might be the minimum deposit, but the Fix account can be a great alternative for traders starting off with less money. NordFX offers their traders free use of demo account on any of the platforms that are listed below.

The platform is available through a number of operating systems. The MT4 platform also comes with its own coding language, MQL4. This is the language that is used to code Bots and algorithms which can trade the markets automatically and continuously. If you trade high Forex volumes then the Zero account could be for you – watch those lot commissions though. When it comes to execution of the orders, the Fix account is executed immediately whereas all the other accounts have market execution. For example, if you are going to be withdrawing via credit card you will have to pay the 4% (on top of the 1-4% for funding).

NordFX actually offers a dedicated account for cryptocurrency trading and it has built up a fairly solid reputation in the industry. In fact, the company won the Best Cryptocurrency Broker at the 2019 FXDailyInfo Awards and Most Trusted Cryptocurrency Broker 2018 from the Global Brands Awards. I have not made big profit yet, but I had no problems with withdrawal of small amounts. I have not traded much profit yet, but I have made small withdrawals without any problems. For comfortable work the broker offers traders and convenient mobile applications .

Find out more about the broker in the following NordFX review. The process for setting up an account with Nord Fx is quick and painless! All you need to do is go to their website at nordfx.com, go toAccountsand choose which one you want to create by clicking‘Open Account’under that option. They will ask for details including your name, email, phone, account type, currency you wish to deposit in, and credit leverage you wish to use. Nord Fx are regulated by CySEC under the name NFX Capital under the registration number , meaning that your money is safe, and the markets won’t be manipulated. Due to its regulations by CySEC, they are unable to accept clients from some countries including the USA.

HFM Wins Two New Success Awards

The exact assets that you will be able to trade depend on the type of account that you set up as well as the platform that you are going to be trading on. Now I have already attracted bar chart in forex 5 clients to trade with a NORMAL broker and trade well. I use the NORD’s PAMM service for trading, as well as diversify the rest of my funds into the investment portfolio.

All app download links can be found in the Google PlayStore or Apple AppStore. The broker’s client agreement does state negative account balances are restored to zero and client funds are separated from company funds. NordFX Brokerage company has summed up the performance of its clients trade transactions in May 2022. NordFX Brokerage company has summed up the performance of its clients trade transactions in June 2022. Charges are set by your respective channel and processing time for the funds s short but for the case of ban transfer, it may take a maximum of 3-5 business days to complete.

Commissions & Spreads

This is also ideal for those brokers that have to manage multiple client accounts all at once. It has the same trading interface of the MT4 platform but allows you to place these orders across a number of accounts. If you are going to be trading forex then you still can’t beat the efficiency and robustness of the MT4.

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. For a forex specializing broker, NordFX offers quite a bit of cryptocurrency for their clients to trade.

As you can see, the Zero has the lowest spreads although on this account you will have to pay a 0,0035% commission each side of the trade. For example, they operate a segregated bank account structure. This means that they keep all of their client funds in a bank account that is separate from the main broker bank accounts – which ensures protection of your funds in liquidation. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

CFD trades on different markets have no commission but do wrap a spread around the market price of a certain instrument. A margin means that it is the amount of money essential in your account to open a place. Margin is planned based on the current price of the base currency against USD, the size of the position, and the leverage applied to your trading account. Each broker charges its own costs which entail commissions, spreads, and margins. Traders should be aware of exactly what their broker’s fees will involve before deciding to trade with them.

Metatrader 4 Platform

NordFX also includes an economic calendar on their website which you can use to track the latest Economic releases and announcements. However, if you have the MT5 platform then you will have a comprehensive version there at least. With the NordFX multiterminal, you also have a manual or automatic distribution of the required trade volume for each account. The MT5 platform also has an upgraded programming language for coding EAs.

Unsurprisingly, there is also an economic calendar that lets traders know which upcoming events may influence the markets. The economic calendar includes the time and date for each event, as well as the title, the currency, the impact, and figures for actual, forecast, and previous. It is also possible to use filters on the economic calendar to better view the events relevant to your trading strategies.

All information on 55brokers.com is only published for general information purposes. We do not present any investment advice or guarantees for the accuracy and reliability of the information. NordFX offers training included with purchase and additional fee / premium available.

When we did this we were helped immediately and they appeared to be quite knowledgeable about the entire broker offering. Withdrawals are just as easy but you do have less options lime fx when it comes to the type of withdrawal that you would like to initiate. If you were to choose a method, your fastest would probably be with a web wallet of some sort.

These are not available on the MT4 platform with the Forex accounts. Finally, cryptocurreny fees are charged a little bit differently and they are based on a maker / taker fee dynamic. This essentially means that you will get given a rebate for making a market and you will be charged a fee for taking liquidity off their books. If you are going to be trading equity indices then you will be charge a flat fee or commission on the size of the position.

Product Details

The interface is highly user-friendly, and it includes all of the major features of the MetaTrader 4 platform. Nord FX allows Expert Advisors automated forex trading on metatrader4 and also provides an option for VPS hosting. With NordFX’s Pro account, clients can trade up to 11 crypto pairs, 33 currency pairs, metals, and CFD and Indices. Just like the Fix account, you are given a maximum of 100 open and pending positions with a margin call of 40% and a stop-out call of 20%. Since NordFX specializes in foreign exchange, they have a lot of educational materials that focus on forex. However, they also offer videos and courses that talk about trading in general.

It’s important to make sure these are accurate however, as you will be asked to verify them at a later stage by providing proof of address and proof of identity. Verification is usually a one-off process and there is plenty of information available on the site as to what documents you need to provide. I regret that I had to spend so much effort and time, but I managed to get justice.

MetaTrader 4 also has high-grade security for the trading transactions and can incorporate news feeds right into the platform. NordFX is a brokerage company that serves clients across the globe and offers a full range of services for online trading. You can use NordFX to trade silver and gold or currencies in the forex market.

NordFX is an international broker with over 10 years of experience in financial markets. Since 2008, the company has been awarded more than 50 prestigious professional awards. The number of accounts opened in NordFX by clients from almost 190 countries has exceeded 1,500,000 as of today.

From there, you input your name, email address, the subject, and your message, say whether you are already a NordFX customer, and complete a quick human test to prevent spam. MT4 for your iPhone is designed to be used with MetaTrader 4 users. Those with iOS mobile devices will be happy to learn the application facilitates foreign exchange instruments online trading from anywhere at any time. One benefit of the application is that it provides an intuitive interface as well as many of the functions from MetaTrader 4 to provide for successful trading while mobile.