NordFX Binary Review

| July 9, 2016 | 0 Comments

Company Overview

NordFX Binary is an international binary options and forex broker, regulated by the MFSC (Mauritius Financial Services Commission) as well as by other famous regulators such as CySEC and IFSC. The company has been situated in Mauritius since 2008. It keeps itself up-to-date with the latest technology, constantly expands the variety of assets, and provides traders with an extraordinary trading experience through its services, security, education, and other features.

Trading Platform

NordFX Binary offers different platforms for forex and binary options trading. For trading instruments such as forex, traders can choose from the well-known MetaTrader 4, MetaTrader 5, MetaTrader 4 for mobile, and MetaTrader 4 MultiTerminal. For trading binary options, it provides the popular SpotOption trading platform which is not available for mobile devices yet.

Not only this, but it offers good options on trading accounts as well. A trader can choose from various accounts like Micro, Account 1:1000, Standard, Standard MT5, MT-ECN, and Premium. The Micro account is intended for beginners so that they can practice trading with real money. This account requires a minimal deposit of $5 with fixed spreads from 2 pips. It has credit leverage of up to 1:500.

Account 1:1000 also requires a minimum deposit of $5 with fixed spreads from 3 pips. As the name suggests, it has a credit leverage of up to 1:1000.

The Standard account offers professional traders the best trading environment and a broad range of trading instruments. Both Standard and Standard MT5 accounts require a minimal deposit of $50 with floating spread from 1 pip and have a credit leverage of up to 1:200. The only difference between these two accounts is that the Standard account supports the MT4 platform and Standard MT5 supports the MT5 platform.

The MT-ECN account is for those traders who want to trade with a minimum amount. This account needs a minimal deposit of $1,000 with floating spreads from 0 pips and a credit leverage of up to 1:100.

On the other hand, traders can open a Premium account with a minimal deposit of $50,000 with decreased spread for currency pairs. They get individual customer service as well as a complementary debit card for easy and quick withdrawals.

NordFX Binary offers various payment methods like bank transfer, VISA, MasterCard, WebMoney, QIWI, Skrill, PayWeb, PerfectMoney, Payza, and much more.

Features

  • Broad range of payment methods
  • Low spreads
  • 24-hour trading
  • Various trading accounts and trading platforms
  • Very low minimum deposit amount
  • Well-regulated and award-winning broker
  • Education resources for both forex and binary options
  • Multilingual customer service

Customer Service

NordFX Binary’s support system is available in eleven languages including English, Arabic, Spanish, Indonesian, Hindi, and Chinese. It provides various methods for contacting such as phone calls, email, live chat, and feedback form. Its customer service is accessible twenty-four hours a day on working days.

Conclusion

NordFX Binary is a broker with an illustrious history. It is known globally from Brazil to India. It provides quick and convenient account registration, six account types, thirty-seven instruments, total mobility through the mobile MT4 platform, minimal spreads, stable servers and platforms, reliability, and security which is enough to entice beginners and expert traders from all over the globe.

Office website: https://nordfx.com/

Category: Binary Option

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