Information about the broker NSFX
The company was registered in Malta in 2012. The site presents the license number issued by the Malta Financial Services Authority regulator.
NSFX Ltd provides 4 main categories of instruments:
- Gold and silver;
- energy carriers CFD: first of all, trading in various types of oil;
- CFD indices: access to international stock markets;
- Forex: more than 50 currency pairs, including the most popular and cross ones.
The site is informative, additional materials and tables with a description of the conditions are attached to each instrument.
- MetaTrader 4 is one of the most popular in the world of trading.
- NSFX JForex - is an own development of the company. According to the developers, there are integrated ECN and STP technologies, narrow spreads, fast and accurate order execution among its advantages. There are mobile applications for all types of devices.
3 types of trading accounts
The choice of one of them depends on the size of the deposit. Leverage is 1:50 for all options. Compared to many other brokers, it seems very small. But we remind you that Malta is a member of the European Union, which has a number of restrictions.
MT4 FIXED account is available from $ 300, fixed spreads. There is no scalping and opportunity to use advisers. You can trade exclusively on Forex, and only with major currencies.
MT4 ECN - has a minimum deposit of $ 1000. Spreads are floating. This account provides access to more than 50 currency pairs, products and indices. Scalping and advisers are allowed, but there is a commission: $ 8 per lot in 100 000 units.
JForex - this account can be opened using the company's own software. Deposit starts from 3000 USD. The personal manager will pay special attention, offer individual consultations and help with the development of strategies.
A demo version of any account is available, but Islamic options are not offered.
Deposit and withdrawal
It will be necessary to go through the verification procedure according to EU standards and think through the way for depositing money: then you will have to withdraw money the same way. The main ways are:
- Bank transfer,
- Credit card,
Technical support is provided in 7 languages, including Russian, on a 24/5 schedule.
Conclusion about NSFX
We give the broker a point for having a license and registration in a country with EU membership. But a number of bureaucratic troubles and difficulties are related to this.
We recommend you to clarify in advance whether there will be any sense from this license in your country. For example, NSFX does not have the right to provide services to citizens of the United States and several other countries.