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NordFX Review 2026

Forex BrokerVanuatu
3.7Good
#61 RankedHow we rate

NordFX is an offshore forex broker with only Seychelles and Mauritius licenses, and India's central bank placed it on an unauthorised platform alert list in 2025.

$1 Min DepositHigh LeverageLong-Established

Min Deposit

$1

Spreads From

0.9 pips

Max Leverage

1:1000

Platforms

1

Overall Rating

3.7

Good

Regulated by VFSC (Vanuatu)

CFDs are complex instruments with high risk of losing money. Retail accounts lose money trading CFDs.

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Pros & Cons

Pros

  • Zero account spreads start from 0.0 pips plus a small disclosed commission
  • Supports both MetaTrader 4 and MetaTrader 5, the two most used platforms
  • MT4 Pro account opens with a deposit of just $10
  • Regulated by two offshore bodies, FSA Seychelles and FSC Mauritius
  • Trustpilot score of 4.3 from more than 70 reviews, above many offshore peers

Cons

  • Holds no license from any tier one or tier two regulator such as the FCA
  • Added to India's RBI alert list for unauthorised platforms in November 2025
  • Entry level Pro accounts start spreads at a wide 10 pips
  • Independent reviews describe withheld profits and slow withdrawal checks
  • Leverage up to 1:1000 is far above limits set by regulated brokers
  • Lost its Vanuatu VFSC registration and moved to Saint Lucia in 2023
About NordFX

NordFX is a forex and CFD broker that began trading in 2008. For years it listed an address in Vanuatu under the VFSC. By early 2023 it dropped that license and moved its registration to Saint Lucia. Today the brand runs through NordFX LTD in Saint Lucia, plus two regulated units, Maximus Global LTD in Seychelles and Nord Premium LTD in Mauritius.

Trading only happens on MetaTrader 4 and MetaTrader 5, across four account types. Zero accounts price from 0.0 pips plus a small commission, close to tighter ECN brokers. Pro accounts open with just $10 but spreads start much wider, from 10 pips, and leverage can reach 1:1000.

On Trustpilot, NordFX holds a score near 4.3 from around 70 reviews, decent for an offshore broker. Other reviews describe slow withdrawals and cases where part of a profit was held back. In November 2025, the Reserve Bank of India added NordFX to its alert list of unauthorised forex platforms, a real warning worth weighing.

Key Facts

Min. Deposit

USD 10

Max Leverage

1:1000

Spreads From

0.0 pips (Zero accounts)

Platforms

MetaTrader 4MetaTrader 5
Regulation & Safety
FSA Seychelles (Seychelles) — SD065FSC Mauritius (Mauritius) — GB24204016
Frequently Asked Questions

Full NordFX Review

NordFX is a Vanuatu-regulated forex and CFD broker established in 2008. The broker serves a predominantly CIS and Asia Pacific client base and is known for its ultra-accessible entry conditions, with a $1 minimum deposit on the Cent account and leverage up to 1:1000.

NordFX offers a focused instrument range of 34 assets including major, minor, and exotic forex pairs, gold, silver, oil, and cryptocurrencies. The broker supports MetaTrader 4 exclusively, which limits its appeal to advanced traders who require more sophisticated platforms.

Despite its small instrument range, NordFX has maintained a loyal client base over more than 15 years of operation, winning multiple regional awards in CIS and Asia. The broker is particularly popular for its affiliate and IB (introducing broker) programmes.

Account Types
Most Popular

Cent

Min Deposit$1
Spreads1.8 pips

Fix

Min Deposit$10
Spreads2.0 pips

Pro

Min Deposit$500
Spreads0.9 pips
ForexMetalsOilCrypto

28+ currency pairs available for trading

Frequently Asked Questions

NordFX is regulated by VFSC (Vanuatu). This is an offshore jurisdiction — traders in USA, UK, and EU cannot access its services.

NordFX accepts a minimum deposit of just $1 on the Cent account.
Score Breakdown3.8/5
Trust & Safety
3.5/5

Regulation, fund safety, track record

Trading Conditions
3.8/5

Spreads, execution, leverage

Platforms & Tools
3.6/5

Platform quality, charting, features

Research & Education
3.5/5

Analysis, webinars, learning materials

Customer Service
3.8/5

Support quality, responsiveness

Mobile Trading
3.8/5

Mobile app quality, features

Quick Facts
Min Deposit
$1
Spreads From
0.9 pips
Max Leverage (Retail)
1:1000
Headquarters
Port Vila, Vanuatu
Founded
2008
Currency Pairs
28+
Commission
No commission
Withdrawal Time
1–3 business days

Regulators

VFSC (Vanuatu)

Platforms

MetaTrader 4
Trading Platforms
MetaTrader 4
Regulation
  • VFSC (Vanuatu)
Not Available In
USAUKEUCanada
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