NSFX Rated 3/5

NSFX Guide - Read our In Depth 2022 NSFX Review

This NSFX review was written by industry experts with over 20 years of financial experience in Forex.
The content in this NSFX review does not apply to US users.

Benefits of Trading with NSFX

NSFX Review 2022 Quick Summary
💰 Min Deposit 300
👱‍♂️ Used By 10,000 NSFX users and traders
📆 Founded 2010
🌍 HQ Malta
👮‍♂️ Regulation Malta Financial Services Authority (MFSA)
🚫 Excluded Countries NSFX is not available in the following countries : US

Open NSFX's Website

Losses can exceed deposits

learn more Learn more about IC Markets.
Losses can exceed deposits

What is NSFX?

NSFX are a global online financial trading platform and multi asset broker founded in 2010

Over 12 years later NSFX has grown to offering retail investors Forex trading.

NSFX are a global broker. NSFX have a head office in Malta.

When trading in the financial markets it can be very time consuming to find a broker that meets your needs.

We will dive deep in this NSFX review and assess how well the NSFX platform functions in its role as an international multiple financial asset trading platform for traders in 2022.

Often you have to visit and read many broker websites all of which have different uses of language. The wording can be very confusing. Choosing an online broker like NSFX can be difficult. For a beginner, the first few hurdles can come in the form of what appears to be a complex mobile or online trading platform, hard to understand investment terminology and confusing fee structures. In our review of NSFX we breakdown the pros and cons. What NSFX are able to offer, what countries NSFX are available in. Who NSFX are regulated by and more.

NSFX Review Screenshot

Having a reliable and capable broker is crucial to your success in online trading. Make sure that your broker is not fake or unreliable to avoid losing your investment. In order for you to have a good working profitable relationship, ensure that your needs fit the profile of your broker as well.

This is why we have taken the time to review only the best brokerage firms, their practices, their fee structure and all other important aspects. We want you to evaluate, analyse, and trust your hard-earned cash with only the safest and best of brokers. We hope you find this NSFX review useful.

This review of the NSFX platform is very detailed. If you are interested in trading with NSFX in any capacity please take the time to read and research the whole NSFX review.

We have tried to explain the ins and outs of financial trading through the NSFX platform as plainly as possible so that you the trader are as informed as possible before you start to use the NSFX trading tools and depositing and withdrawing funds from NSFX.

Investing online can be just as risky as any other kind of offline investment. As with any investment, it is important to know and research the company you are dealing with. When trading financial assets with NSFX like Forex trading. You should have confidence in NSFX and know that the management of your financial investments on the NSFX platform are in good hands.

At the bottom of this NSFX review you can also learn about some pretty good alternatives to NSFX

With this NSFX review we hope to help you see if NSFX is a good fit for you.

It is a common myth that online trading is easy. Online trading is difficult and traders must do their own research and have a clear understanding of what they are doing. In this article, you will learn important information regarding NSFX that will help you get off to a good start in the world of online trading.

NSFX Review Table of Contents

NSFX review
NSFX is a Multi-Assets Trading Platform with over 100+ Assets

Learn more about NSFX. NSFX is a multi asset platform with 100+ tradable Assets. Assets available on NSFX include Forex.

NSFX trades in multiple financial asset types. A financial asset is any security or asset that has financial value attached, tangible or intangible. This means that Forex are considered financial assets.

Features of NSFX

NSFX review
What you should know

NSFX offer one way to trade: Forex. The assets and products available to you on the NSFX trading platform depend on the region of the world you are in and what entity you have an account with.

With NSFX you will need a minimum deposit of $300. You can sign up for a demo account to acquaint yourself with NSFX platform.

NSFX are able to accommodate various levels of traders whether you are experienced or a beginner.

Are NSFX safe?

When choosing a broker like NSFX the administrative body and regulatory status of the broker is very important. Brokers who conduct trades without supervision of a regulatory body do so at their own discretion. Any capital you invest is at risk.

Established in 2010, and in operation for 12 years NSFX have a head office in Malta.

NSFX is regulated. This means NSFX are supervised by and is checked for conduct by the Malta Financial Services Authority (MFSA) regulatory bodies.

Regulated brokers are highly unlikely to manipulate market prices due to the regulations imposed. When you send in a withdrawal request to NSFX, this will be honored. If NSFX violate any regulatory rules their regulated status could be stripped.

Losses can exceed deposits

Is my money safe with NSFX?

Any payments funded to NSFX accounts by traders are held in a segregated bank account.

For added security NSFX use tier-1 banks for this. Tier 1 is the official measure of a banks financial health and strength.

What are Tier 1 banks and why should NSFX use them?

A Tier 1 bank is considered the safest and most secure regarding client capital. Tier 1 is actually a term describing the financial strength of a bank. A Tier 1 bank has strong core capital reserves and are typically able to withstand unexpected losses.

What does it mean to have your funds in NSFX deposited in a Tier 1 bank?

Having any money you deposit with NSFX means that your funds are kept in a bank that has enough capital to accommodate your withdrawal wishes even if NSFX goes out of business for some reason.

Therefore, we can safely conclude that NSFX is reasonably secure and safe.

That said, please note that you can lose funds when trading in financial assets. Accounts can lose money due to either not putting enough effort into researching the markets, lack of experience or not using the tools provided by the brokerage platform.

While trading in financial investments, losing money rapidly due to trading Forex is not uncommon. Only take the risk of trading when you understand that your invested capital is at risk any time due to market volatility. NSFX also clearly state on their platform that Losses can exceed deposits.

Now that we have answered some important questions regarding NSFX. let us look at the NSFX features in more detail.

Try creating two accounts when you are working with NSFX. One is the real account, with your real money and the other is your demo account. The demo account is your experimental account.

Open a demo account Visit NSFX

Losses can exceed deposits

Full disclosure: We may receive a commission if you sign up with a broker using one of our links.

How NSFX as a Company Compare Against Other Brokers

Broker NSFX IC Markets eToro Roboforex
Year Established 2010 2007 2007 2009
Head Office Malta Australia Cyprus, UK Cyprus
Regulation Malta Financial Services Authority (MFSA) Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID), Australian Securities and Investments Commission (ASIC) Cyprus Securities and Exchange Commission (CySEC)
Used By 10,000+ NSFX users 180,000+ IC Markets users 27,000,000+ eToro users 10,000+ Roboforex users
Negative balance protection Yes Yes No
Guaranteed Stop Loss No No No
Learn More Visit NSFX Visit IC Markets Visit eToro Visit Roboforex
Risk Warning Losses can exceed deposits Losses can exceed deposits 78% of retail investor accounts lose money when trading CFDs with this provider. Losses can exceed deposits

NSFX review
NSFX Pros and Cons

What we like about NSFX

  • Used by over 10,000 NSFX users and traders
  • Established in 2010
  • Regulated by Malta Financial Services Authority (MFSA)
  • Min. deposit from $300

What we don't like about NSFX

NSFX review
NSFX Regulation and Licensing in more detail

We have checked and NSFX is regulated and supervised by reputable organisations. You are able to check every NSFX supervisory and regulatory body given below. Regulation gives you some recourse for those who have issues with NSFX. Regulatory authorities protect the traders with things like reimbursement schemes that regain the client's investment in the event the broker becomes insolvent.

The brokerage firms have to comply with a variety of rules and criteria that is determined by the jurisdiction’s regulatory authorities, in order to stay licensed and continue operations in those jurisdictions. The whole notion of regulation is to protect NSFX traders and provide safer a trading environment. Financial regulation and license approval is essential.

NSFX is regulated, governed and supervised by reputable financial regulatory bodies. Regulatory bodies monitor the behavior of the brokers and if things go wrong they will take necessary action. Before trading online with a broker such as NSFX you should be sure they're legitimate online agent.

Is NSFX Global?

Yes, NSFX is global as NSFX is available in over 194 countries.

NSFX is a global trading platform in the sense that it operates in 194 countries including nations in Europe, Asia, Oceania, and Africa. Major countries NSFX covers include the UK, Germany, Australia, South Africa, Thailand and China. NSFX has a total of more than 10,000 users.

NSFX review
NSFX Fees Explained

  • NSFX withdrawal fees varies on payment method
  • NSFX does not charge a fee for inactive accounts.
  • NSFX doesn't charge deposit fees.

Brokers offer state of the art online trading platforms, mobile trading apps, financial research tools and educational resources. For a brokerage to maintain these services and earn revenue as a company. Brokers may charge clients various trading fees that you need to be aware of as they may affect your bottom line.

How NSFX Fees Compare Against Other Brokers

Broker NSFX IC Markets eToro Roboforex
Min Deposit 300 200 10 1
Withdrawal Fees Yes No Yes Yes
Inactivity Fees No No Yes No
Deposit Fees No Varies No No
CFD Commission Fees Yes Yes Yes No

NSFX Minimum Deposit

NSFX require a minimum deposit of 300 GBP/USD/EUR when opening an NSFX trading account.

A minimum deposit is the minimum amount of money required by NSFX to open a new online brokerage account with them.

Don't be scared off by brokers like NSFX charging a minimum deposit to open a trading account. Brokers that charge higher minimum deposits often offer additional premium services on their platforms that are not available for free on other platforms.

Brokers that offer lower minimum deposits are generally geared towards a more mainstream audience that do not require some of the more advanced features and research tools.

Brokers that do not charge minimum deposits do so usually to attract new customers. They have to make returns some way, so transaction commissions and other trading fees may be higher with a low minimum deposit account.

Brokers that require a larger minimum deposit amount usually offer a greater range of trading features on their platforms. These brokers often have more in depth technical analysis and research tools and better risk management features.

As more and more online trading platforms have entered the market, minimum deposit requirements to open a live trading account have gone down as an increasing number of brokers compete for new clients.

Depending on the type of trading account you opt for some brokers require a minimum deposit as high as 6500 GBP/USD. Some brokers can go as high as 10,000 GBP/USD.

NSFX Withdrawal Fees

NSFX withdrawal fees vary depending on your selected withdrawal payment method.

Each broker has their own specific withdrawal rules on how your funds can be withdrawn from your trading accounts.

This is because each brokerage firm will have different withdrawal methods and each payment provider may have differing transfer processing fees, processing times and a potential currency conversion fee. The Conversion fee is dependant on your base currency, your receiving currency and your payment provider.

For example NSFX allows you to withdraw your funds to Credit cards, Bank Transfer, American Express, Debit cards.

NSFX Inactivity Fees

NSFX does not charge a fee for inactive accounts.

An account inactivity fee is a fee charged to the registered brokerage client.

Brokers may have certain trading activity requirements that under the terms and conditions of the accounts and clients may have to fulfill.

If a clients trading account does not have any buying and selling over a period of time as dictated by the broker an inactivity fee may be due.

Inactivity fees are not specific to online trading accounts. Many financial service companies may charge inactivity fees. Please check on the brokers website and make sure you are aware of and are happy with all the services and fees you may be charged.

If you are no longer using your trading account close it with the brokers customer support. And make sure you have a confirmation that any remaining fees are not due.

Depending on the type of account you have signed up for you can only be charged an inactivity fee under certain circumstances. As part of a brokers regulation they are required to clearly disclose any inactivity fees.

Some brokerage firms may charge inactivity fees as compensation for maintaining your account on their expensive trading platforms, in an attempt to claw back revenue for the lack of commission fees from your trading.

NSFX Deposit Fees

NSFX does not charge deposit fees. Although bank / 3rd party merchant fees may apply.

You must always review deposit fees as some brokers may charge a fee when you deposit funds from your payment method to your trading account. This is because the payment method which you use to fund your account may accrue a fee.

The fee may be a fixed fee when you deposit a specific fiat currency to your account. For example fees are known to be high when depositing funds from a credit card. This is if your broker accepts funding your account via a credit card.

NSFX Commission Fees

NSFX does charge commission on CFD instruments.

A broker may charge a commission fee as a service charge for facilitating the buying and selling of financial assets through your trading account.

A brokerage may make most of their revenue from charging registered traders a commission fee on client transactions.

Commission fees can differ depending on the trading type, financial asset type and what level of trading account you have.

Broker commissions are charged if the brokerage fulfills an order, cancels an order or modifies and order on your behalf.

If a market order is not fulfilled by your brokerage usually no commission is charged.

Be aware that if your order is modified or canceled, your brokerage may charge a commission fee.

NSFX review
What can you trade with NSFX?

Be aware that different entities under the NSFX Brand offer different trading instruments due to regulatory restrictions. Trading instruments offered may differ based on the country of residence of the Client and the entity that holds the customer account. Additionally, the trading instruments offered by NSFX may vary depending on the trading platform you choose to trade with.

You can trade a wide variety of instruments with NSFX over 100 instruments infact.

If you are looking for Forex brokers to trade currency pairs on global Forex markets NSFX offer over 15 currency pairs.

Compare NSFX with IC Markets and eToro below.

Losses can exceed deposits

How NSFX Trading Options Compare Against Other Brokers

Broker NSFX IC Markets eToro Roboforex
Instruments Available 100 232 2000 100
Platforms MT4, Mac, Web Trader, Tablet & Mobile apps MT4, MT5, Mirror Trader, ZuluTrade, Web Trader, cTrader, Mac Web Trader, Tablet & Mobile apps MT4, MT5, Mac, Web Trader, cTrader, Tablet & Mobile apps
FX / Currencies        
Forex pairs offered 15 65 50 35
Major Forex pairs Yes Yes Yes Yes
Minor Forex pairs Yes Yes Yes
Exotic Forex pairs Yes Yes Yes
Cryptocurrencies (availability subject to regulation) No Yes Yes No
Commodity CFDs        
Commodities Offered 0 19 31 21
Metals Yes Yes Yes Yes
Energies Yes Yes Yes No
Agricultural No Yes Yes No
Indiced & Stock CFDs        
Stocks Offered 110 2042 0
UK Shares No Yes Yes Yes
US Shares No Yes Yes Yes
German Shares Yes Yes Yes Yes
Japanese Shares Yes Yes Yes Yes
Risk Warning Visit NSFX
Losses can exceed deposits
Visit IC Markets
Losses can exceed deposits
Visit eToro
78% of retail investor accounts lose money when trading CFDs with this provider.
Visit Roboforex
Losses can exceed deposits

NSFX review
Trading on NSFX web platforms and other applications

NSFX offer the popular MT4 forex trading platform. To see a list of the top MT4 brokers, see our comparison of MT4 brokers.

A NSFX iOS or Android native App on your phone or tablet will Work quicker Than the Avatrade Website on the same device.

NSFX also offer mobile apps for Android and iOS, making it easier to keep an eye on and execute your trades while you’re on the move.

See NSFX's platforms

Is the NSFX Trading Platform Secure?

NSFX safeguards the personal information of its clients through SSL encryption in its PC and mobile platforms. NSFX also urges its clients through its web platform to always look for the SSL security sign (a lock sign) on the browser while operating NSFX.

NSFX Trading Platform Options

Once you have logged into your NSFX account you will see the below trading platform options available to you.

  • MetaTrader 4 (MT4)

NSFX does not offer the MetaTrader 5 (MT5) trading platform. If you are looking for a online platform that does support MT5 click here

NSFX does not offer the cTrader trading platform. You can find a broker that supports cTrader here

Lets explore each of these trading platforms in detail and what options NSFX gives you.

NSFX review
NSFX MetaTrader 4 (MT4)

NSFX MetaTrader 4

MetaTrader 4, also known as MT4, is one of the most popular trading platforms available and has been in active use on financial markets since 2005. The MetaTrader 4 software delivers a feature-rich, user-friendly interface, and an extremely customisable trading environment, designed to fulfill all of your trading needs and boost your trading performance. Charting functionality and advanced order management tools.

Understand that the MetaTrader 4 (MT4) trading platform was developed primarily to trade Forex, but you can also trade other types of financial instruments through CFDs and Spread Betting. You will not be able to trade Stocks, Indices, Commodities, ETFs, Futures on any MetaTrader 4 (MT4) platform unless they are CFD contracts or Spread bets. You will not own any underlying assets with CFDs or Spread bets as you are speculating on price movements with NSFX. You can learn more about the MT4 Platform here.

You can start using the MetaTrader 4 platform with NSFX in multiple formats including through an online web platform, Through a downloadable application for Windows PC's and Apple Macintosh computers. NSFX MetaTrader 4 is compatible with the latest macOS Mojave. NSFX allows traders to trade on mobile devices through Android and iOS devices like the iPhone.

Metatrader 4 Webtrader on NSFX

MetaTrader 4 is the most popular trading platform in the world as most and more traders begin to trade online Metatrader 4 is available as a web based application available through your web browser. MetaTrader 4 web software provides the same easy to use performance as the desktop version using advanced charting, a highly customisable trading environment, easy to access online trading tools and many different indicators. You can enjoy our Raw Pricing trading environment without a Dealing Desk from anywhere in the world.

Trade NSFX MetaTrader 4 on iOS Devices

You can download the NSFX app or also trade with NSFX through the MetaTrader 4 application on the Apple app store.

Download the Metaquotes MetaTrader 4 Program for free of charge from Apple's App Store. NSFX customers have instant access to this Financial markets, with the ability to completely manage a Portfolio on the go.

Trade NSFX MetaTrader 4 on Android Devices

Andorid mobile devices and tablets are used by millions of people globally. NSFX provides its clients access to the MetaTrader 4 platform on Android supported devices so that customers can monitor the financial marketplace and trade directly from their Android-based Smartphones and tablets. The Android NSFX MetaTrader 4 Android application enable traders to make the most of multiple advanced trading features which enables them to monitor and trade Forex quickly on the go, simply and securely.

Trade NSFX MetaTrader 4 Trading Central

Trading Centrals Alpha Generation Indicators is a Bundle of three Major indicators including:

  • Analyst Perspectives - A go-to resource for leadership and key levels.
  • Adaptive Candlesticks - Identifies chart patterns which illustrate important changes in demand and supply.
  • Adaptive Divergence Convergence (ADC) - Much like MACD however useful at shorter lengths and provides more timely signs.

NSFX MetaTrader 4 Advanced Trading Tools

The NSFX advanced trading tools for MetaTrader 4 are aimed at improving the total trading experience and providing traders with a competitive advantage. NSFX offers access to 20 exclusive tools which includes feature rich trade execution & management programs, sophisticated notification alarms, messaging facilities, innovative market data & more.

Trade NSFX MetaTrader 4 MultiTerminal

MetaTrader 4 MultiTerminal provides a intuitive easy to use dashboard where traders can administer and supervise several trading accounts. MultiTerminal will let you manage over 100 Accounts simultaneously allowing you to place market orders, pending orders, view live market prices and track all accounts and equity at real time. All Trading accounts must be in on the same MetaTrader server. MultiTerminal doesn't support Automated Trading scripts like Expert Advisors.

NSFX MetaTrader 4 AutoChartist

NSFX Autochartist provides the world's first Market Scanner available for MT4 using a non-trading Expert Advisor script. Scan markets for trading opportunities while viewing all symbols and time intervals from a single graph. Gone are the days of launching a lot of graphs on which you can't remember which currency you're taking a look at. Autochartist offers a simple user interface that can be customized to suite how you like to trade.

NSFX Trading benefits

  • Allows scalping
  • Allows hedging
  • Offers STP
  • Low min deposit

NSFX Trading Accounts Offered

Below we give an overview on the account types that NSFX offer. Whatever you are looking to trade the varying NSFX account types will be able to provide you with what you need.

  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • ECN account
  • STP account
  • Managed account

Can I try NSFX?

NSFX offer a demo account so you can try before putting down funding payments. Open a practice account & learn to trade

Losses can exceed deposits

NSFX withdrawal and funding methods

Please note that the list of NSFX payment methods below depend on the NSFX Entity and the Clients Country of Residence.

All available NSFX payment methods available to you can be found in your NSFX members area checked on the NSFX website.

NSFX offer the below funding payment methods. You can use any of the below deposit options if available in your region. learn more about NSFX

NSFX Payment Methods

  • NSFX accepts Credit cards
  • NSFX accepts Bank Transfer
  • NSFX accepts American Express
  • NSFX accepts Debit cards
Broker NSFX IC Markets eToro Roboforex
Bank transfer Yes Yes Yes Yes
Credit Cards Yes Yes Yes Yes
Paypal No Yes Yes No
Skrill No Yes Yes Yes
Payoneer No No Yes Yes
Neteller No Yes Yes Yes

*please note available NSFX and other broker payment methods depend on the clients country of residence.

How can I start trading with NSFX?

When opening a trading account with NSFX, you will need to sign up here. Once you have received your login details by email, submitted your identification documents for account validation, and made a deposit; the next step is to download the trading platform of your choice. You can find detailed guidance on NSFX trading platforms here. You will need to provide some basic documentation to prove your identity as part of NSFX onboarding and normal KYC identity checks. These checks are standard practice and help NSFX provide a safe financial environment for their 10,000 users.

Losses can exceed deposits

Performing trades with NSFX

NSFX allow you to execute a minimum of trade of 0.01 Lot. This may vary depending on the account you open. NSFX allow you to execute a maxium trade of 100 Lot. As NSFX offer ECN and STP execution, you can expect very tight spreads with more transparency over the price you‘re paying to execute your trades.

As with most brokers, margin requirements do vary depending on the instruments.

CFD Trading on NSFX

let's take a look at some of the basics of using NSFX leverage.

NSFX offer CFD which are a leveraged product for this example we describe ten times leverage.

So you have a ten thousand dollar position but you only tie up a thousand dollars a tenth of the value on your account. You have a situation where a small sum of money is controlling a much bigger financial position. This is your leverage.

So what effect does leverage have on your profits and losses well put simply it magnifies them in both directions.

NSFX leverage magnifies both profits and losses when trading.

Let's say for example you buy/sell ten thousand dollars worth of General Electric (GE) using contracts for difference ( CFDs ) using the NSFX trading platform.

let's say General Electric (GE) rises 10% because its results are positive your position which was worth ten thousand dollars is now worth $11,000.

It's grown by $1000 10% in value this represents a hundred percent increase on the funds initially committed on your leverage CFD trade.

Our initital investment of ten thousand dollars for the trade and has made a thousand dollars in profit because the price is up ten percent.

The NSFX leverage goes both ways. If General Electric (GE) Falls 10% on week results your position which was worth ten thousand dollars is now worth only nine thousand dollars. It has fallen by a thousand dollars.

NSFX CFDs are typically used for short to medium term trades. For example NSFX intraday CFD trading. Although high risk because CFD trades are separate from the financial markets, a CFD trade can be more flexible than a traditional market trade where you own the underlying asset. CFD trades give access to CFD fractional shares, CFD international markets and CFD short selling. More advanced traders can also use CFDs to hedge.

Always be aware that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Losses can exceed deposits

Education Resources at NSFX

To trade effectively with NSFX, it's important to get a have a good understanding of the NSFX trading tools and the markets. Make sure you make full use of all education tools. This includes eduction tools with NSFX and externally.

NSFX offer a good selection of educational resources. Take your time, learn how the financial markets move. Take the time to learn how your trading platform works. Make buy/sell trades, learn how to take advantage of global trading times and most importantly learn how to mitigate and manage investing risk.

Having an analytical approach may be a good way to approach trading with NSFX.

Take time to look around the NSFX platforms and train yourself to think more systematically and logically about the markets. It's a new skill-set for many, but it is what the market requires of you.

Customer Support at NSFX

As part of our NSFX review we review customer service options, response times and NSFX trading platform problem resolution effectiveness.NSFX support a limited number including English, Arabic.

NSFX have a A grade support rating because NSFX offer over three languages.

Livechat Support at NSFX

We tested the NSFX live chat and it works well. We sent messages to NSFX livechat through their app and website and recieved a response within 8 minutes.

We tested communicating with NSFX support in multiple languages in multiple countries. NSFX where able to resolve our customer issues.

Email Support at NSFX

We sent several emails to NSFX and answer times overall were excellent. The fastest response from NSFX was less than 40 minutes and the slowest response was 9 hours. Support response times may vary for you with NSFX, but this was our experience sending 10 emails at varying times.

The team resolved and answered our queries. Overall good email support from NSFX.

Phone Support at NSFX

We called NSFX and the call was answered very quickly. The call was answered in less than 5 minutes.

The NSFX phone support team were able to successfuly answer our questions and issues over the phone. We tested the multilingual NSFX team by calling in varying languages. NSFX made an effort to make sure our queries were answered.

Overall the phone support from NSFX was okay.

See how NSFX Support Compares Against Other Brokers

Broker NSFX IC Markets eToro Roboforex
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
Languages English, Arabic English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more English, German, Spanish, French, Italian English, Chinese Simplified, Chinese Traditional, Indonesian, Malaysian, Portuguese, Spanish, Italian, Polish, Arabic, Thai, Russian, and Ukrainian
Learn More Visit NSFX Visit IC Markets Visit eToro Visit Roboforex
Risk Warning Losses can exceed deposits Losses can exceed deposits 78% of retail investor accounts lose money when trading CFDs with this provider. Losses can exceed deposits

What you will need to open an account with NSFX

As NSFX is regulated by Malta Financial Services Authority (MFSA), every new client must pass a few basic compliance checks to ensure that you understand the risks of trading and are allowed to trade. When you open an account, you'll likely be asked for the following, so it's good to have these handy:

  • Be aware that the expiration date of Proof of address document for different entities under NSFX Brand may be different.
  • A scanned colour copy of your passport, driving license or national ID
  • A utility bill or bank statement from the past three months showing your address

You'll also need to answer a few basic compliance questions to confirm how much trading experience you have, so it's best to put aside at least 5 minutes or so to complete the account opening process.

While you might be able to explore NSFX's platform straight away, it's important to note that you won't be able to make any trades until you pass compliance, which can take up to several days, depending on your situation.

To start the process of opening an account with NSFX you can visit the NSFX trading platform here.

CFDs are leveraged products and can result in significant losses, excess of your invested capital. All trading involves risk. Only risk capital you're prepared to lose. Past performance does not guarantee future results.
This post is for educational purposes and should not be considered as investment advice. All information collected from https://www.nsfx.com on August 08, 2022.

Is NSFX A Good Broker?

We spent over 3 months examining NSFX in depth. Although we found some very useful aspects of the NSFX platform that would be useful to some traders, our overall our feeling is that you would be better served with an alternative to NSFX.

  • NSFX have a good track record of offering Forex.
  • NSFX has a history of over 12 years.
  • NSFX has a reasonable sized customer support of at least 10.
  • NSFX are regulated by the Malta Financial Services Authority (MFSA). This means NSFX fall under regulation from a jurisdiction that can hold a broker responsible for its misgivings; or at best play an arbitration role in case of bigger disputes.
  • NSFX have regulation from reputable regulators.
  • NSFX has the ability to get deposits and withdrawals processed within 2 to 3 days. This is important when withdrawing funds.
  • NSFX have an international presence in multiple countries. This includes local NSFX seminars and training.
  • NSFX are able to hire people from various locations in the world who can better communicate in your local language.

NSFX Risk Disclosure

Losses can exceed deposits

Trading Risk Disclaimer

Trading financial instruments including crpytocurrency and foreign currency markets come with a very high level of risk. In regards to leverage and margin based trading you will be exposed to a high risk of loss. Some financial instruments and derivatives that are off exchange may offer varying leverage and may have limited regulatory protection and high market volatility. It should never be presumed that any investment products, techniques, indicators or any other presented resources will result in profits. You should be aware that investing may result in financial loss.

NSFX not quite right?

If after reading this NSFX review, NSFX does not fulfill your needs check out these NSFX Alternatives.

Click here to view the best NSFX Alternatives

We have spent years researching the best alternatives to NSFX. Click the links below to learn more.

If you feel some of the above NSFX are not quiet what you are looking for or perhaps you would just like to see some alternatives. See our highly rated list of NSFX alternatives below.

Related NSFX Vs Comparisons

We have covered allot in this NSFX review, If you want to see how NSFX compares side by side with other brokers check out our NSFX Vs pages.

If you would like to see how NSFX stands up against other brokers you can read some of our NSFX comparisons below. We compare side by side some of our top rated NSFX versus comparisons. Read our indepth NSFX VS pages below.

NSFX review
NSFX Frequently Asked Questions

Read our detailed NSFX FAQ Section updated for 2022.

Can I try NSFX?

NSFX offer a demo account so you can try the NSFX platform with virtual trading before you put down a payment. Virtual trading with NSFX is zero risk. Learn more here

What funding methods do NSFX accept?

Please note that the list of payment methods below depend on the NSFX Entity and the Clients Country of Residence.

NSFX offer the following funding payment methods Credit cards, Bank Transfer, American Express, Debit cards, among other payment methods.
Learn more here

Losses can exceed deposits

Is NSFX safe?

NSFX are considered safe as they are regulated by and checked for conduct by the Malta Financial Services Authority (MFSA). Any payments funded to NSFX accounts by traders are held in a segregated bank account. For added security NSFX use tier-1 banks for this. Tier 1 is the official measure of a banks financial health and strength.

Losses can exceed deposits

Is NSFX trading good?

NSFX is considered good and reputable to trade with NSFX. NSFX is used by over 10,000 traders and NSFX users. NSFX offers Forex trading. Minimum deposit with NSFX is 300.

Is NSFX trading Legit?

NSFX was founded in Malta in 2010. NSFX has been facilitating trade on the financial markets for over 12 years. NSFX offers clients Forex trading. All funds deposited to NSFX are held in segregated bank accounts for security. NSFX is regulated by Malta Financial Services Authority (MFSA) so can be considered legit.

Is NSFX a good broker?

NSFX is overseen by the top tier financial regulators Malta Financial Services Authority (MFSA) so can be considered a good broker. NSFX allows Forex trading.

Is NSFX trustworthy broker?

NSFX can be considered trustworthy. All money funded to NSFX is placed into a segregated bank account. this means your money in not held by NSFX directly. The broker has no direct access to your funds so cannot misappropriate your money. Also NSFX is regulated by Malta Financial Services Authority (MFSA).

What is the minimum deposit for NSFX?

The minimum deposit to trade with NSFX is 300.

How long do NSFX withdrawals take?

Withdrawing money from NSFX processing time varies depending on the method but averages 2-5 days.

Is NSFX regulated?

NSFX is regulated by the Malta Financial Services Authority (MFSA). Regulatory bodies conduct regular reviews and audits as part of NSFX maintaining their regulatory status. You can learn more about these reviews on the regulator websites.

Is NSFX a market maker?

NSFX is a market maker. Stocks, currency and other commodities and instruments will be purchased by NSFX even if no buyer is lined up.

How can I start trading with NSFX?

When opening a trading account with NSFX, you will need to sign up here. Once you have received your login details by email, submitted your identification documents for account validation, and made a deposit; the next step is to download the trading platform of your choice. You can find detailed guidance on NSFX trading platforms here.

Is my money safe with NSFX?

NSFX is regulated by the Malta Financial Services Authority (MFSA). One of the most important criteria for traders when choosing a broker like NSFX is the regulatory body and regulatory status of the broker. Brokers who conduct business without regulation do so at their own discretion and pose a direct risk to the security of their clients money.

Regulated brokers are highly unlikely to manipulate market prices due to the regulations imposed. When you send in a withdrawal request to NSFX, this will be honored. If they violate any regulatory rules their regulated status can be stripped.

Is NSFX a con?

NSFX is regulated and well established having been in business for over 12 years. NSFX is not a con.

Can you make money with NSFX?

Although traders have had great success with NSFX. Trading on the financial markets with NSFX is not a get rich scheme. If you educate yourself, practise with a demo account and carefully plan your trading your chance of success will greatly increase. Never trade with money you cannot afford to lose. Losses can exceed deposits.

Does NSFX have fees?

NSFX withdrawal fees varies on payment method.NSFX doesn't charge inactivity fees. NSFX doesn't charge deposit fees.

When was NSFX founded?

NSFX was founded in 2010.

How many people use NSFX?

NSFX is used by over 10,000 registered NSFX users.

What is NSFX Headquarters country?

NSFX has its head quarters office in Malta .

Does NSFX offer negative balance protection?

NSFX does not offer negative balance protection. With Negative balance protection means traders cannot lose more money than they have deposited.

Does NSFX offer guaranteed stop loss?

NSFX does not offer guaranteed stop loss. With guaranteed stop loss protection risk is managed. Traders are guarenteed to close your trade at your specified price. Stop Loss orders are guaranteed only during market hours and under normal trading conditions.

Does NSFX allow scalping?

NSFX offers scalping.

Does NSFX allow hedging?

NSFX offers hedging.

Does NSFX offer CFD trading?

NSFX offers CFD trading.

Does NSFX offer STP?

NSFX offers STP trading.

How many people use NSFX?

NSFX is used by over 10000 NSFX users and traders.

Is NSFX an ECN broker?

NSFX offers ECN trading.

Does NSFX offer a demo account?

NSFX offers a demo account.

Does NSFX offer an Islamic account?

NSFX does not offer Islamic accounts.

What are the funding methods for NSFX?

Please note that funding methods and funding options available with NSFX can be found in the NSFX Members area and depend on the NSFX client’s country of residence. Please check your specific available payment methods on the NSFX website. NSFX accept the following funding methods : Credit cards, Bank Transfer, American Express, Debit cards.

NSFX review written by Andrew Blumer and Mark Hansen

We hope you found our review of the NSFX brokerage firm useful.

This article was written by our financial editor Mark Hansen and Andrew Blumer.

Mark was previously of the Kiel Insitute and has worked with financial organisations across Europe, Australia, South East Asia, South Africa and the Middle East. Mark has over 15 years experience in financial analysis, forecasting, financial modeling idenifying new market opportunities in Stocks, CFD's, Forex and Commodities.

Andrew has a well-established career in fintech and came up with comparebrokers.co to make trading on financial markets more transparent and accessible.

Whether you want to trade Forex, Stocks, Commodities or Indices we will help you find the best online broker for you from 400+ brokers for clients based in the UK, Europe, Asia, South Africa and Australia.

NSFX review written by Mark Hansen of Comparebrokers.co