NSFX Review

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Company Overview

Founded by professional stockbrokers and online traders, NSFX is an online CFD and forex broker. It is regulated by the Malta Financial Services Authority (MFSA) and is in full compliance with the MiFID (markets in Financial Instruments Directive). It started its operations in 2012 and while it may seem like a newcomer in the online trading business, it certainly knows what it’s doing. Trading with NSFX surely is an experience to remember.

Trading Platform

NSFX distinguishes itself from its competitors in its drive for technological advancement. The online trading platform that it offers is MetaTrader 4. It offers traders an in-depth analysis of the market, providing them with real-time charts and data and one-click order executions. Moreover, expert advisors are only a click away and are always ready to chip in with their analysis, which helps traders make an educated decision.

Another reason for the huge popularity of MetaTrader 4 is that it offers mobile applications, which enables traders to stay on top of the market on the go. MetaTrader 4 has applications for iOS, Windows Phone, and Android devices.

Teaming up with a group of software developers and analysts, NSFX has also created a new extension of MetaTrader called MyNSFX, which can be termed as a unified client and broker trading platform which provides every tool essential for smooth online transactions.

NSFX offers three accounts to its clients. The Standard account requires a minimum deposit of 300 USD. Providing a leverage of up to 1:200 in 50+ currency pairs with fixed spreads and 24/7 live support, the Standard account is best suited for new traders. For the more advanced traders, the Professional account is offered, which requires an initial minimum deposit of 3,000 USD and provides a maximum leverage of up to 1:100. The Professional account differs from the Standard account as it offers variable spreads. NSFX also offers a VIP account which requires an initial minimum deposit of 10,000 USD and allows the user to pick either a fixed spread or a variable one. Users also get a dedicated account manager and can request their preferred leverage levels, which give traders a unique sense of control over their transactions.

Features

  • Licensed and regulated by the MFSA and MiFID
  • Personal account manager
  • No dealing desk
  • 24/5 customer support
  • ECN trading
  • Quick executions
  • Tight spreads
  • Free daily analysis
  • Mobile trading possible

Customer Support

NSFX prides itself on looking after its clientele, and that is why it has incorporated live chat feature into its website. Moreover, it offers customer support 24/5 in five languages: English, German, Italian, Turkish and Arabic. Clients can also register their complaints via phone and email. NSFX also makes weekly webinars available to its clients so that new online traders can understand the online trading business.

Conclusion

NSFX is a licensed and regulated forex broker. Although it doesn’t provide help in a lot of different languages which runs the risks of users getting lost in translation, the pros of this organization outweigh its cons and make it one of the best trading platforms available today.

Office website: https://nsfx.com/

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