Pros
  • Segregates client funds
  • Established in 2010
  • Regulated by MFSA
Cons
  • Doesn’t offer VPS
  • Limited range of instruments
  • Min. deposit $300

Company Information

NSFX was established in 2010 with a head office in Malta. NSFX puts all client funds in a segregated bank account and uses tier-1 banks for this. NSFX is regulated in Malta by the Malta Financial Services Authority, MFSA, as well as MiFID, FSA, BaFin, and other local licensing authorities. However, it is not regulated by FAC. With NSFX traders can trade commodities including Gold, Silver and crude oil, Forex, Indices and CFDs.

Markets

NSFX has designed a trading solution for every type and level of trader. You can choose what and how to trade, thereby ensuring your custom trading experience is optimized to your specifications. NSFX trading solutions allow you to trade Forex and CFD instruments from the same account.

● CFD’s Indices
● CFD’s Energies
● Golds & Metals

Trading accounts

NSFX suggests its clients the possibility to open a live account or a demo account. With demo there is no need to worry, as it requires no deposit, it is basically for training, and polishing skills. It is the perfect opportunity for beginners to study the market and to see how it works. Concerning a live account, a customer may open ECN, Fixed spreads, and JForex accounts.

  • FIXED SPREADS
  • • fixed spreads
    • spreads change according the difference between the Bid and the Ask, which is predetermined and stable
    • uses MT4 platform

  • ECN
  • • is the technology helping to provide traders resulting in tight spreads and quick execution with min market impact
    • uses MT4 platform

  • JFOREX
  • • comprise integrated ECN and STP trading technology resulting in the tightest spreads due to the deep liquidity
    • uses JForex platform

Open an account

Opening an account with NSFX is rather simple and clear process. All you need to do is to fill the online application providing the necessary information. After you complete the application form, you will have to verify your identity by providing your ID. You have to provide and prove your residential address as well. Once everything is verified and approved, you will receive your login, after that you can make the first deposit and start trading.

Minimum deposit

To open a live account, you’ll need a minimum deposit of at least $300. In other case, you can open a demo account that you can use to practice and familiarize yourself with their platform.

© NSFX website screen

Trading Platforms

The broker offers the popular MT4 forex trading platform. You can read more about the MetaTrader 4 platform here.

In other case, you can also use JForex platform. NSFX’s JForex trading platform offers clients the ultimate trading experience. JForex contains additional cross-connected platforms such as the PAMM for money managers, hedge funds and financial advisers as well as the Visual Strategy Builder and Optimiser for automated system programmers and traders. JForex platforms exist for Web, mobile smart devices and desktop.

Our verdict

NSFX has existed since 2011 and is registered in Malta. The broker offers clients 2 trading platforms – MT4 and NSFX JForex. The second works on the ECN / STP principle. The mobile app is available for Android and iOS. The disadvantages include a small selection of methods for depositing and withdrawing funds and a high limit of the minimum deposit. There is free training in trading available, but it is individual training. Basically, now you are in the picture, so you can make a well-though decision whether the broker fits to your requirements or not.

NSFX Details

Platforms:
Withdrawal Methods:
Currencies:
Licences:
3.5 rating
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Leonard Griffin
Leonard Griffin
October 2, 2020 3:21 pm

excellent broker and attention is very good. Thank chances of deposit and withdrawal easy and fast. very happy

Vicente Williams
Vicente Williams
September 30, 2020 4:47 am

5. The web site isn’t handy, as for me. I think you should go ahead and change it to make more clear.

Yoneko Wood
Yoneko Wood
September 27, 2020 2:40 pm

Paul was an exceptional help with starting my new account. There were some differences between the demo account options and the live account options based on my templates. He and the tech team spent over an hour helping me test and uninstall an old template so their program would work. Fine job! Never expected their support people to really dig in and they did. Super pleased. Thanks.

Liana Hill
Liana Hill
September 26, 2020 7:46 pm

Opened an account with them recently, everything has been great so far. Customer support is pretty good. Swap is better than most brokers out there. The commission they charge for the ECN account is pretty average.

One bad thing would be the long waiting time for your deposits to appear in your trading account, unlike some brokers that update your account balance immediately after you’ve made the deposit. They also charge a 4% fee for most of the deposit methods.

Fredrick Bailey
Fredrick Bailey
September 23, 2020 10:39 am

after a lot of disappointment with other brokers . I started to trade in demo and live with NSFX. Everything is so well done and easy to use at the point where I have never needed to contact customer service. I am very happy

Pablo Simmons
Pablo Simmons
September 16, 2020 3:52 pm

This is a service broker.I deposed my funds,bought vps,fapturbo Ea and they set it up for me.The Ea started trading right away.making lots of trades,nearly all profit.Thanks to NSFX and good service.

Selena Lopez
Selena Lopez
September 15, 2020 10:48 pm

This company has very good turn around time for help support. Also very informative on which options to choose depending on what type of trader you are. Server seems decent for now. Only negative thing I would say is that their deposit methods for U.S. is very limited. I hope they will had a more convenient feature to deposit such as Visa, or skrill. Would give a 5 star if they got that added for sure. Paul and Novi are awesome live chat support as well.

Priya Johnson
Priya Johnson
September 3, 2020 8:59 pm

NSFX is one of the best brokers I trade with. Withdrawals easy and fast. Spreads are OK. Very good and nice support. They even offer 1 month of free deposits via Skrill. Nothing to say more – this broker rocks!

Ricardo Watson
Ricardo Watson
August 22, 2020 3:38 pm

NSFX live officers answer queries promptly and supplies solutions fast and effocoently;

Support at NSFX answered queries to the point and do not beat about the bush Their answers to my queries were very clear Steps given by support were easy to understand and to follow

Once more I wish to state that the officers at NSFX were very patient and efficient

Undine Young
Undine Young
August 19, 2020 7:02 pm

Great Broker. low spreads and user friendly website and i got my funds and profits in 3 days !

Ace Peterson
Ace Peterson
August 13, 2020 6:46 pm

Very good broker. Have no problems with them yet. good spreads on the ECN account, no trading restrictions. Deposit easy, withdrawal easy.

India Smith
India Smith
August 2, 2020 10:44 am

NSFX is great in every way you can imagine. I’ve tried few others with horrible experience. I also have accounts with NSFX and I like them as well. I speak as a US citizen based in the US and trading Forex specifically. The NSFX support is very fast, knowledgeable and helpful. Unbelievably good in face!. The account setup and dealings is great so far. No complaints. Hope this continues for me and everybody as well worldwide! Lis

Niklaus Peterson
Niklaus Peterson
July 20, 2020 2:36 pm

This is a service broker.I deposed my funds,bought vps,fapturbo Ea and they set it up for me.The Ea started trading right away.making lots of trades,nearly all profit.Thanks to NSFX and good service.

Vinson Griffin
Vinson Griffin
July 15, 2020 12:32 pm

Great service so far. USA wire transfer was credited overnight with refund of wire transfer fees