NSFX Review

MIN. DEPOSIT $300
Up to 200:1
Up to 100% BONUS
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NSFX
Up to 100%
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Overview

Company Information NSFX have already been for five years in the industry of providing financial and forex trading services to clients from all over the world. The company originates from… more

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Details

Broker NSFX
Website URL https://www.nsfx.com/
Founded 2012
Headquarters La Valletta, Malta
Support Number (+356) 2778 1919 (Malta); (+44) 330 8080 098 (UK)
Support Email support@nsfx.com
Support Types Live Chat, E-mail, Phone
Languages English, German, Italian, Turkish, Arabic
Minimum 1st Deposit $300
Minimum Trade Amount 0.01 lots
Maximum Trade Amount Standard
Bonus Up to 100%
Payout Up to 200:1
Free Demo Account Yes
Regulated Yes
Regulation Malta Financial Services Authority (MFSA)
Account Types Standard, Professional, VIP
Deposit Methods Bank Wire, Visa, MasterCard, Maestro, Skrill, Fast Bank Transfer, American Express
Withdrawal Methods Bank Wire, Visa, MasterCard, Maestro, Skrill, Fast Bank Transfer, American Express
Types of Assets Forex, CFDs, Commodities, Metals, Oil, Indices
Account Currency USD, EUR, GBP
US Traders Allowed No
Mobile Trading Yes
Tablet Trading Yes

Full Review

Company Information

NSFX have already been for five years in the industry of providing financial and forex trading services to clients from all over the world. The company originates from Malta and is regulated by several authorities like the MFSA, MiFID, FSA, BaFin and other local organizations. It was established in 2011 and their online services launched in 2013. As a relatively new Forex trading broker you could expect that NSFX hasn’t got a lot of experience in the market, but in fact, they provide a stellar trading experience. Their market focus is in English, Arabic, French, German and Italian markets. They don’t accept traders from the U.S., but otherwise, they accept clients from all over the world. You can be amazed at how much effort the people at NSFX have put into their online presence, and that’s why they’ve got only nice reviews by many popular online magazines. With a superb website and excellent trading conditions, they aim at the top spots in the online broker rankings.

 

Trading Information

Regarding account types, NSFX has three different choices. The first is the Standard MT4 one, and it offers excellent features from the start. The minimum deposit requirement is $300, and the minimum trade is 0.01 lots. Spreads are fixed and start from 3 pips. Execution is instant and maximum leverage is set to 1:200. The number of currency pairs is 50+, and you can receive free daily analysis. Next is the Professional ECN account with a $3000 minimum deposit requirement. The minimum trade here is 0.1 lots, and the leverage is set to 1:100. The spreads are variable (the minimum for EUR/USD can go from 0.6 pips and the typical is 0.9 pips) and there is no dealing desk. Both of the accounts offer a personal account manager and hedging options. Scalping, however, is only allowed for Professional ECN account users. Last is the VIP account option. Here you have all the bells and whistles, but for the price of $50 000 minimum deposit. You can choose from fixed or variable spreads, commission upon request, minimum trade, maximum leverage and everything else can be delivered to you upon request. It is the VIP treatment and not only named like that. All of the options offer one-click trading, automated trading, and swap-free accounts.

 

Trading Platforms

There are two platforms to choose from here. The first one is the good old MT4, which you’ll get with the Standard account. There is not much to say about the platform as it has been known for years to be very trustworthy and versatile. It’s available for all computer and mobile devices and is easy to download and install. It also has a WebTrader version where you don’t need to download or set up anything you just log in and start using it. There is not much else to say about it; it gets the job done perfectly. The second option is the exceptionally attractive NSFX Pro platform that you’ll get with either the Professional ECN or with the VIP account. It has a superior account management system, 180 technical indicators, multiple orders option and deep interbank liquidity. It’s also optimized for auto and chart trading and works with desktop and mobile devices (it also has a web-based option). What you’re getting is a polished version of the MT4 with many additional features that can help you in your daily trading. It aims to please even the most demanding traders.

 

Security and Customer Services

Security nowadays is of the utmost importance, and many online brokers usually forget about it. But the people from NSFX haven’t made that mistake. There is a secure SSL encryption all over their website which protects personal data from being stolen. Also, they have the segregated account option for your funds, and they are separate from the companies. Customer support is at a very high level and is in fact 24/7 (most brokers have only 24/5 coverage). Getting in touch with the client support team is made easy with many contact methods available. There are several phone numbers for Germany, Russia, Spain, Italy, Bahrain and the UK. Different emails are provided for specific questions about the platform or the trading experience. There are a Live chat option and an online form you can fill out. Finally, there is the postal address of the company in Malta. Their “Academy” page is dedicated to beginner Forex traders or for people who would like to learn about the industry. A lot of video tutorials, Ebooks, webinars and other information are available at your disposal.

 

Deposits and Withdraws

We’ve already mentioned the minimum deposit requirements for each account, but it’s now time to talk a bit about the payment methods. Depositing funds at NSFX is easy, and there are a lot of money transfer methods made available. There are no charges whatsoever for depositing funds. Processing times are fast and, if not instant, can take up to 2-3 business days. Withdrawing money is also easy, and you can use the method you deposited them. You’ll just have to fill a simple withdrawal request. There are no withdrawal fees for most of the methods, but there is a 3% fee for the Skrill digital wallet. Withdrawal processing times are quick, and the company attempts to process all request within one business day.

 

Deposit Bonus and Loyalty Programs

As a relatively new company in the Forex trading business, NSFX needs to find more clients. That’s why they have created the 15% deposit bonus for new accounts. There isn’t much explanation about it online, but you can just contact the customer support and ask about the requirements. There is also a Partner promotion that can bring you $250 CPA or a 0.8 pips revenue share.

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