When you make a deposit with a Forex broker you are trusting them with your money. A broker regulated by a well-established regulatory authority in a reputable jurisdiction provides peace of mind with regards to funds safety and investor protection.
For further information please see our Licenses and Regulations section.
Conflict Of Interest
This is arguably as important as the security of your funds. The critical issue here is who is taking the other side of your trades. In our business this is called the counterparty. Please take the time to research this extremely significant aspect of any broker you are considering opening an account with. A very useful resource for this is the website of the relevant regulatory authority of your prospective broker. And of course the broker itself. Ask them the question directly and then verify their answer through your own due diligence.At NordFX EU we are passionate about transparency and about developing trust between us and our clients. We have a direct interest in helping you trade with confidence and develop into successful traders.
At NordFX EU our clients are at the centre of everything we do. We are determined to provide you with an exceptional and professional level of service that is second to none. All client queries and requests for service will be handled with the same sense of urgency regardless of their nature and regardless of the size of your account. We will protect your interests and respond to your issues as if they were our own. We pledge to be by your side when you need us the most!
Traders may incur three types of costs associated with each transaction. The spread and/or commissions and swap charges if a position is held overnight. The spread is the most important of these and here is why. It is reflected immediately when you open a position. The tighter the spread the faster you can make a profit. If you are being charged a commission you will need to take that into account as well. Brokers may charge a commission and offer their clients a very tight spread, so beware! The commission is deducted from your balance and is not shown in the floating profit or loss of each position.
At NordFX EU we provide ALL clients with the same tight, competitive spreads through FOUR account types. We believe in a fair trading environment and an equal opportunity for all traders, a level playing field for all. Please find the detailed decrption here
This is an extremely important factor in choosing a broker. Trade execution can be characterised in terms of price and speed. Are orders executed as per client instructions or at the best available prices? Are they filled at the price the client requested regardless of whether they are market or limit orders? Are stop loss and take profit price levels honoured? Are trailing stops available on the broker’s trading platform? In terms of execution speed how fast is fast and why is that important? Speed is particularly important when using an expert advisor (EA) to implement an automated strategy. When placing an order manually it is also important in liquid markets such as forex to be able to take advantage of opportunities that fit your trading style and strategy as they present themselves.
At NordFX EU as a regulated broker we execute all orders at the best available prices. We never interfere in any way with the execution of any order and we provide our clients with all the information they require to verify that their orders are executed as per their instructions. Any deviation from the requested price is called “slippage” and may occur at times of extreme volatility such as around major news releases or for large orders in very thinly traded sessions.
Our goal is to execute all orders in under a second. Our Demo server will generally be faster as it is not connected to a Liquidity Provider. As a result all demo trades are filled always at the requested price on the server itself. This is important to know because once you are ready to trade for real on a live server you may have to tune your trading strategy based on the actual execution speed. This is one of the reasons why we have no minimum deposit restrictions and by trading micro lots (0.01 of a lot) you will be able to verify your trading strategy in a live environment. This is why we believe clients should exercise caution when choosing a broker.This is what most brokers avoid telling their clients. But we strive to be an ethical and transparent broker because our interest is truly aligned with that of our clients’.
It is very important for your benefit and convenience to choose a Forex Broker with whom deposit and withdrawal procedures are quick and safe. Quick and easy deposits will help you take advantage of opportunities that may arise in the market. Just like deposits, withdrawals should also be fast and simple so that you are able to readily access your account funds.
At NordFX EU we have a variety of methods you can use for managing your funds. Please refer to our Deposits & Withdrawals section.
The best forex broker will offer the best trading platforms. A reliable platform will offer you quick access to technical and fundamental analysis, an excellent security system, automated trading, visual features like graphs and charts that should always be user friendly.
At NordFX EU we offer the market standard, the sophisticated MetaTrader 4 platform.
Risk Warning: CFDs are complex instruments and come with a high risk of losing your invested capital rapidly due to leverage. 66.67% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the risk of losing your invested capital. If you do not fully understand the risks involved, please seek independent advice. For a better understanding of complex financial products please click here.
NFX Capital CY LTD does not provide financial services to the residents of USA, Canada, Japan, Belgium and other additional jurisdictions.