NSFX Broker Review

NSFX Broker Review
Petar Nola
NSFX is a Malta regulated forex broker that has operations across Europe and is recognized by numerous European oversight agencies. In order to see which those are, scroll to the bottom of our NSFX review. NSFX main characteristics is simplicity. It is very easy to get around the website and find the information you need.... Read more
NSFX is a Malta regulated forex broker that has operations across Europe and is recognized by numerous European oversight agencies. In order to see which those are, scroll to the bottom of our NSFX review. NSFX main characteristics is simplicity. It is very easy to get around the website and find the information you need. This does not mean that the tools offered by NSFX are any less powerful. In this case traders are offered not one, but two types of platforms. The standard MetaTrader4 is there along with the less known JForex. When you hear that many educational videos of our Trading Academy have actually been shot while trading in JForex, you might already have found a reason to pick this broker over others. However, this is not all so please do read the whole NSFX review we prepared for you.
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  1. NSFX is a Malta regulated forex broker that has operations across Europe and is recognized by numerous European oversight agencies. In order to see which those are, scroll to the bottom of our NSFX review. NSFX main characteristics is simplicity. It is very easy to get around the website and find the information you need. This does not mean that the tools offered by NSFX are any less powerful. In this case traders are offered not one, but two types of platforms. The standard MetaTrader4 is there along with the less known JForex. When you hear that many educational videos of our Trading Academy have actually been shot while trading in JForex, you might already have found a reason to pick this broker over others. However, this is not all so please do read the whole NSFX review we prepared for you.

  2. Conclusion:

    We make it our mission to not recommend anything but the best – which, according to industry experts, is FXMasterBot, a trading software that lets YOU choose the broker and also provides fast, reliable and FREE trading signals!

    Your capital is at risk
  3. NSFX Special features

    As it is already a tradition with Forex and CFDs brokers, the Demo account is usually the first station of new customers. With NSFX opening the Demo Account requires filling in the online form, which is a bit longer than with other brokers, however, the whole process takes literally a minute and soon you enter myNSFX dashboard. There you can already see the information for logging into your demo account.

    If you selected the JForex platform, then you must enter the NSFXPro web trader, or download desktop or mobile app and use the login details provided to enter the platform and start trading with 100000 virtual money units. In case you do not want your first pick of the platform, and want to switch – no problem, on the left side select the “New Demo Account” button and create another demo account for yourself.

    Sign Up With NSFX

    In case you are happy with what you see, all you need is to click a button on the left side to go live. This will require a bit more work on your side since you need to provide your personal information in order to open the account. After that – simply deposit (more about that in the last section of the NSFX review) and start trading. See the types of NSFX accounts below.

    NSFX MT4 Fixed Account

    • Min $300 deposit
    • Up to 1:200 leverage
    • Fixed spreads
    • Personal Account Manager
    • No commissions
    • Instant Execution

    NSFX MT4 ECN Account

    • From $3000 deposit
    • 1:100 max leverage
    • Variable spreads
    • $8 round-turn commission per lot ($4 per open/close)
    • Expert Advisors available through MT4/MQL
    • Personal Account Manager

    NSFX JForex Account

    • From $5000 deposit
    • Variable spreads
    • 8$ Commission RT per lot
    • Full MacOS and Linux support through native apps
    • Market Execution
    • Expert Advisors
    • Dedicated personal account manager

    First account is also the smallest account with fixed spreads and instant execution. Those who want full ECN access, meaning no market making on behalf of the broker should go for a MT4 ECN or JForex account. As with other brokers, these come at a price since the liquidity providers in this case are big players on the open market. In any case another major difference is that the basic account is limited to Forex (currency majors), while other accounts include other types of underlying assets for CFDs trading, and more importantly – more of them in total.

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  6. NSFX Trading software

    As we already mentioned, with NSFX one can choose if they want JForex solution or MetaTrader4 platform. Other than that, both platforms offer desktop client, iOS app and Google Play app. There is also a webtrader version which is run from the browser.

    Initially we had a bit trouble getting used to the JForex since it starts markedly similar to the MetaTrader. Soon, with some help from our Academy trading experts we were placing trades easily. With ECN accounts one can also get access to expert advisors, which for JForex are coded in Java. MT4 has its well-known set of MQT coded EAs.

    The one quibble we have witg NSFX is the amount of markets – or underlying assets that are available for trading. With the basic account one is already pretty limited to just Forex majors. This is not something that we see as good since many other brokers offer much better asset index that forms basis for CFDs trading.

    Even if we ignore this and say that its enough for beginners, we don’t think non-currency traders will be happy with the offering. NSFX offers Gold and metals, energy and indices CFDs. There seem to be no CFDs based on individual stocks. Overall this brings us to conclusion that the selection of underlying assets it not the best one.

  7. If you want to trade with an Automated Trading Robot, we recommended using FX Master Bot

  8. NSFX Support information

    Customers who need to reach NSFX representative can do so from their myNSFX dashboard. On the right side is the name of their account manager and the phone number they can call. There is also an email address to write to. Alternatively, they can always use the live chat.

    In case they are not on Malta, but in some other country, there are few other phone numbers they can reach in order to get help form the NSFX staff.

    • UK (+44) 330 8080 098
    • Spain (+34) 9 3220 0491
    • Germany (+49) 696 4350 0009
    • Italy (+39) 069 480 3009
    • Bahrain (+973) 161 99 379
    • Russia (+8) 800 100 6295
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  10. NSFX Payment Methods

    NSFX Ltd, the company behind the NSFX brand is licensed in Malta and authorised to offer trading services by several other national regulators in the EEA. These are UK, Germany, France, Italy, Spain and Denmark, along with the other EU countries where the passport system is valid.

    The deposit and withdrawal with NSFX can be done with following payment methods

    • MasterCard
    • Maestro
    • Visa
    • Skrill
    • Neteller
    • Bank Wire

    There are no fees levied from NSFX. Your e-wallet or credit card company might charge you fees, as can your bank too in case of a bank transfer.

  11. Conclusion:

    We make it our mission to not recommend anything but the best – which, according to industry experts, is FXMasterBot, a trading software that lets YOU choose the broker and also provides fast, reliable and FREE trading signals!

    • Choice of reputable brokers
    • Free forex & crypto signals
    • Advanced trade settings

    Try a simpler
    way of trading
    with FXMasterBot

  12. Your capital is at risk
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