SunCorp Vs NordFX

How SunCorp and NordFX Compare in 2021

SunCorp or NordFX who is better?

Compare SUNCORP Versus NORDFX and eToro broker accounts.

Compare SunCorp Vs NordFX Side by Side

So you are looking for a broker, SunCorp or NordFX who should you choose?

When trading on financial markets you will want to know all about who SunCorp or NordFX are, and how they compare. You will naturally want to know how long SunCorp and NordFX have been in business and what reputation SunCorp and NordFX have. On top of this you will need to discover if SunCorp and NordFX match your trading needs.

Having a reputable and dependable broker is crucial to your trading. The reason for this is quite a simple one You need to be safe in the knowledge that your money is in safe hands. Lets see how SunCorp and NordFX compare.

Well in our SunCorp vs NordFX side by side comparison we make it easier for you to see what is right for you. As with anything the final decision which broker to trade with should ultimately be based on what and how you going to trade.

Our SunCorp vs NordFX comparison will help you judge the effectiveness, price, ease of use and support, trust worthiness of SunCorp and NordFX side by side.

You are eager to start trading so let us help you make a more informed descision.

Our Comparebrokers.co team have painstakingly spent months assessing different brokers accounts. We collected over 1200 data points on SunCorp and NordFX. To simplify things, we analyzed everything for you and provide the main points in relevant blocks on this page.

Regulation alongside currency availability is important when deciding upon a broker. It is very important when selecting a broker like SunCorp or NordFX, you can trust with your money with them. To finish off our comparison, let's look at the popular tools and features traders prefer side by side.


suncorp

(3/5)
Benefits of SunCorp?
  • Established in 2008
  • SunCorp have been in business for 13 years.
  • Head quarters in Austrailia.
  • Live Chat
  • SunCorp Min deposit $100
SunCorp screenshot
Reputation Support
Good
Good

SunCorp Regulation

SunCorp is regulated by the Australian Prudential Regulation Authority (APRA).

Excluded Countries

US

SunCorp Fees

Deposit fee
Commission
Inactivity fee
Withdrawal fee varies
Min trade varies
Max trade varies
Min deposit $100
View all spreads
& fees here
Your capital is at risk

Funding Methods

Credit card
Bank transfer
American Express
PayPal
Neteller
Skrill
Bitcoin

Payment processing time
Varies

Withdrawal processing time
Varies
See all SunCorp
funding options here
Your capital is at risk

SunCorp Features

Apple application available
Android application available
Windows application available
Can Set Price alerts
Variable spreads (Forex)
Scalping trading
Tight Fixed spreads
Hedge trading
Stop loss orders
Limit orders
One click trading available
Trailing stops available
Expert advisors (Metatrader)
Virtual private server (VPS)
Direct market access (DMA)
ECN broker (Forex ECNs)
STP broker (STP)
Market maker
Trading Signals

SunCorp Platforms

MetaTrader 4,Desktop& Mobile Apps

SunCorp Languages

English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian,Hindi, Hebrew, Arabic, Russian

See SunCorp
features here
Your capital is at risk

Financial Markets

Forex (Currency)
Majors
Indices
Penny stocks
Dow Jones
FTSE
Dax
Nikkei
IPO
ETFs
Bitcoin
Metals
Agriculturals
Energies
See SunCorp
instruments here
Your capital is at risk

SunCorp Account Types

Demo account
VIP account
Micro account
Standard account
Zero spread account
Islamic account

The information used on comparebrokers.co was updated directly from the SunCorp website. Our records were last updated on .

Visit SunCorp today
Your capital is at risk

NordFX

(4/5)
Benefits of NordFX?
  • Established in 2008
  • NordFX have been in business for 13 years.
  • Head quarters in Mauritius.
  • Live Chat
  • Segregates clients funds
  • NordFX Min deposit $1
NordFX screenshot NordFX sign up here
Losses can exceed deposits
Reputation Support
Good
Good

NordFX Regulation

NordFX is regulated by the Cyprus Securities and Exchange Commission (CySEC), License No: 209/13.

Excluded Countries

No

NordFX Fees

Deposit fee No
Commission Yes
Inactivity fee No
Withdrawal fee No
Min trade 0.01 Lot
Max trade None
Min deposit $1
View all spreads
& fees here
Losses can exceed deposits

Funding Methods

Credit card
Bank transfer
American Express
PayPal
Neteller
Skrill
Bitcoin

Payment processing time
Varies

Withdrawal processing time
Varies
See all NordFX
funding options here
Losses can exceed deposits

NordFX Features

Apple application available
Android application available
Windows application available
Can Set Price alerts
Variable spreads (Forex)
Scalping trading
Tight Fixed spreads
Hedge trading
Stop loss orders
Limit orders
One click trading available
Trailing stops available
Expert advisors (Metatrader)
Virtual private server (VPS)
Direct market access (DMA)
ECN broker (Forex ECNs)
STP broker (STP)
Market maker
Trading Signals

NordFX Platforms

MT4, MT5, Tablet & Mobile apps

NordFX Languages

Indian, Chinese, Arabic, Brazilian, English, Spanish, Russian

See NordFX
features here
Losses can exceed deposits

Financial Markets

Forex (Currency)
Majors
Indices
Penny stocks
Dow Jones
FTSE
Dax
Nikkei
IPO
ETFs
Bitcoin
Metals
Agriculturals
Energies
See NordFX
instruments here
Losses can exceed deposits

NordFX Account Types

Demo account
VIP account
Micro account
Standard account
Zero spread account
Islamic account

The information used on comparebrokers.co was updated directly from the NordFX website. Our records were last updated on .

Visit NordFX today
Losses can exceed deposits

eToro

(4/5)
Benefits of eToro?
  • Established in 2006
  • eToro have been in business for 15 years.
  • Head quarters in Cyprus, UK.
  • Live Chat
  • Segregates clients funds
  • eToro Min deposit $200
eToro screenshot eToro sign up here
71% of retail investor accounts lose money when trading CFDs with this provider.
Reputation Support
Great
Great

eToro Regulation

eToro is regulated by the Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID), Australian Securities and Investments Commission (ASIC).

Excluded Countries

IR, KP, BE, CA, JP, SY, TR, IL, BY, AL, MD, MK, RS, GN, CD, SD, ZW, ET, GH, TZ, LY, UG, ZM, BW, RW, TN, SO, NA, TG, SL, LR, GM, DJ, CI, PK, BN, TW, WS, NP, SG, VI, TM, TJ, UZ, LK, TT, HT, MM, BT, MH, MV, KZ, GD, FJ, BB, BM, BS, AG, AI, AW, LB, SV, US, PY, HN, GT, PR, NI, VG, AN,

eToro Fees

Deposit fee No
Commission No
Inactivity fee Yes
Withdrawal fee Yes
Min trade $25
Max trade 20% of equity
Min deposit $200
View all spreads
& fees here
71% of retail investor accounts lose money when trading CFDs with this provider.

Funding Methods

Credit card
Bank transfer
American Express
PayPal
Neteller
Skrill
Bitcoin

Payment processing time
Varies

Withdrawal processing time
Varies
See all eToro
funding options here
71% of retail investor accounts lose money when trading CFDs with this provider.

eToro Features

Apple application available
Android application available
Windows application available
Can Set Price alerts
Variable spreads (Forex)
Scalping trading
Tight Fixed spreads
Hedge trading
Stop loss orders
Limit orders
One click trading available
Trailing stops available
Expert advisors (Metatrader)
Virtual private server (VPS)
Direct market access (DMA)
ECN broker (Forex ECNs)
STP broker (STP)
Market maker
Trading Signals

eToro Platforms

Web Trader, Tablet & Mobile apps

eToro Languages

English, German, Spanish, French, Italian

See eToro
features here
71% of retail investor accounts lose money when trading CFDs with this provider.

Financial Markets

Forex (Currency)
Majors
Indices
Penny stocks
Dow Jones
FTSE
Dax
Nikkei
IPO
ETFs
Bitcoin
Metals
Agriculturals
Energies
See eToro
instruments here
71% of retail investor accounts lose money when trading CFDs with this provider.

eToro Account Types

Demo account
VIP account
Micro account
Standard account
Zero spread account
Islamic account

The information used on comparebrokers.co was updated directly from the eToro website. Our records were last updated on .

Visit eToro today
71% of retail investor accounts lose money when trading CFDs with this provider.

SunCorp Vs NordFX Table of Contents

SunCorp and NordFX in Detail

SunCorp Review Screenshot

The SunCorp online trading platform gives traders from all over the world access to over 212 financial instruments including over 50 available instruments. There are over 10,000 customers that have taken advantage of the SunCorp platform.

SunCorp are regulated by Australian Prudential Regulation Authority (APRA).

SunCorp Review Screenshot

NordFX is a renowned Mauritius financial trading brokerage established in 2008.

NordFX serves customers globally and are regulated by Cyprus Securities and Exchange Commission (CySEC), License No: 209/13. Depending on the country you are trading from SunCorp may serve you from a different business entity to comply with its financial regulators.

NordFX is not listed on any stock market, does not disclose its yearly report on its website. This is not terribly unusual for a broker, but you will want to check all of this out before you continue. Safety is the most important thing to consider. SunCorp is listed as a publically traded company so are a reputable broker.

Benefits of SunCorp and NordFX Compared

Below we will give you a brief summary of the benefits SunCorp and NordFX offer side by side.

SunCorp offers a minimum deposit of 100 while NordFX have a 1 minimum deposit.

Why small deposits before trading are good and how SunCorp and NordFX compare

The first obvious reason is that you should only deposit what you can afford. If you you have a lower budget, the broker that offers the lowest deposit option will be more attractive. The other reason is because when speculating on riskier but potentially more rewarding financial instruments you should look to speculate with only a small percentage of your allocated trading funds. Don't let a higher minimum deposit totally put you off a broker, look at the overall trading features you are getting from the trading platform. Often a high minimum deposit gives greater choice in the financial assets and trading platform research features.

SunCorp allows traders to trade up to 212 financial instruments while NordFX have around 50 on their trading platform.

The more instruments you can trade on the SunCorp and NordFX trading platforms the better. It is good to have a diverse portfolio and the options available to a user will always vary. Trading is all about grasping potential opportunities and you seriously do not want to miss out on a trading opportunity due to the limitations of SunCorp or NordFX.

The SunCorp trading platform has 0 stocks listed while NordFX has 0 stocks listed.

SunCorp allows retail traders to trade the following assets Forex trading, Social trading, Share Dealing on the SunCorp MetaTrader 4,Desktop& Mobile Apps trading platforms.

Alternatively NordFX allows retail traders to trade Forex on the NordFX MT4, MT5, Tablet & Mobile apps trading platforms.

Compare SunCorp and NordFX in more detail below.

Drawbacks of SunCorp and NordFX Compared

Below we compare what drawbacks SunCorp and NordFX have side by side.

There are many potential drawbacks with some brokers. The first one being the potential limitations SunCorp and NordFX have. Generally speaking, the more things, you can invest in the better. The second thing is the fees and commissions you are paying with SunCorp vs NordFX. The higher the fees you pay will have more of an impact on any potential profits. Another important factor are the trading research tools, educational resources and the general usability of SunCorp vs NordFX.

Broker suncorp NordFX eToro
Inactivity Fees No Yes
Withdrawl Fees varies No Yes
Withdrawal Processing Time Varies Varies Varies
Min Deposit 100 1 200
Social Trading Yes No Yes
Excluded Countries US No IR, KP, BE, CA, JP, SY, TR, IL, BY, AL, MD, MK, RS, GN, CD, SD, ZW, ET, GH, TZ, LY, UG, ZM, BW, RW, TN, SO, NA, TG, SL, LR, GM, DJ, CI, PK, BN, TW, WS, NP, SG, VI, TM, TJ, UZ, LK, TT, HT, MM, BT, MH, MV, KZ, GD, FJ, BB, BM, BS, AG, AI, AW, LB, SV, US, PY, HN, GT, PR, NI, VG, AN,

SunCorp Vs NordFX Available Financial Markets

Variety is the spice of life and that certainly applies to financial markets. A diverse investment portfolio is always recommended. If your investment portfolio is diverse, it helps to protect your investments overall from huge downswings that can occur in one potential market. For example, when an airplane stock goes up, other airplane stocks usually follow suit. This of course is the positive side of putting all your eggs in one basket.

When the opposite happens this could spell disaster! The best portfolios cover for potential danger and involve businesses and stocks from all walks of life. Having more financial instruments, commodities and assets available to you on the SunCorp and NordFX platforms will help you build a more diverse investment portfolio.

Broker suncorp NordFX eToro
Instruments Available 212 50 2000
Offers share dealing Yes No Yes
Number of Shares 0 0 2,042
Offers US Stocks NO No Yes
Offers UK Stocks No No Yes
Offers German Stocks No No Yes
Offers Japanese Stocks No No Yes
Offers Indices Trading NO No Yes
Number of Commodities 0 0 31
Offers Metals Commodities No Yes Yes
Offers Energy Commodities NO No Yes
Offers Agricultural Commodities NO No Yes
Offers Forex Trading No Yes Yes
Number of Forex Pairs 50
Offers Major Forex Pairs No Yes Yes
Offers Minor Forex Pairs No Yes
Offers Exotic Forex Pairs NO Yes
Offers CFD Trading No Yes Yes
Offers Social Trading Yes No Yes

SunCorp Vs NordFX Cryptocurrency Trading

Crypto currencies have been booming since the invention of Bitcoin and with good reason. Crypto currencies have turned double digit investments into millions. Extreme examples of course but this can be rarely said of any stock that exists.

Bitcoin is by far the most famous example of cryptocurrency but there are thousands of altcoins that are on the market that have the potential to rise in a similar fashion. Like stock markets if Bitcoin rises, then altcoins follow suit.

Cryptocurrency can easily be labelled as a higher risk investment. This is because cryptocurrencies fluctuate often with extreme highs and extreme lows. If cryptocurrencies represent a fraction of your portfolio or you want to invest a small fraction of your trading budget to see what happens it could potentially be one of your most exciting trades ever depending on how the markets are. Please note that cryptocurrency availability with SunCorp, NordFX and all brokers is subject to regulation.

We compare SunCorp vs NordFX Crypto options below side by side.

Broker suncorp NordFX eToro
Allows Cryptocurrency Trading (availability subject to regulation) NO No Yes
Cryptocurrencies Offered BTC, ETH, BCH, XRP, DASH, LTC, ETC, ADA, EOS, NEO, XLM, IOTA, TRX, ZEC, BNB, XTZ

SunCorp Vs NordFX Commission and Fees

knowing your trading and commission fees with SunCorp vs NordFX is extremely important. For the majority of the SunCorp 212 financial instruments and NordFX 50 available financial instruments.

The price you are being presented with will factor in the fee the broker takes. For example, if a financial asset is at 79.6. You might have to pay 79 to enter. Therefore, you will start with a small loss with both SunCorp and NordFX. The bigger the fee, the bigger the issue this is. Most alarmingly though some financial assets occur a charge for you to hold on to the asset over night or over the weekend. This is usually true with commodities and stocks that you are using leverage on. Please check what your fees are with SunCorp and NordFX before you invest because it is crucial that you know exactly what you are paying.

You ideally want to choose a broker that does not charge to much for withdrawal fees. This is simply because this will eat into your profits. This is especially true if you have a low budget and do not intend to invest so much. You want the withdrawal fee to be less than one percent of what you are withdrawing but more ideally a set fee of around 5 USD. Your location or residence will have an impact on your potential SunCorp and NordFX fees of course. Make sure you do your research and check the commission and fees with both SunCorp and NordFX before you invest anything.

Some brokers will charge inactivity fees. As the name suggests this occurs when you have been inactive on your account for a certain period.

SunCorp does charge inactivity fees, while NordFX does not charge inactivity fees.

You should receive plenty of notifications warning you about any potential deadlines and you can make a decision to act accordingly, continuing to use your account or closing it. Usually the fees are very small so there is no need to be alarmed especially when the problem is easily avoided.

When you deposit money to a broker like SunCorp or NordFX you might need to pay deposit fees. The lower the better. Most preferably of course you would have to pay nothing for this. If this is the case it can be a big problem. Constant deposits will eat into your profit so this will take some considering before you sign up.

Let’s see how SunCorp vs NordFX compare side by side for commissions and fees.

Broker suncorp NordFX eToro
Min Deposit 100 1 200
Inactivity Fees No Yes
Withdrawal Fees varies No Yes
Deposit Fees No No

SunCorp Vs NordFX Trading Platforms

We live in an accessible world these days. Therefore, your trading platform has to consider this. Having the ability to trade with the click of a button is essential and allows you to make trading decisions on the SunCorp and NordFX platforms when it is convenient to you. Without this you will not have the opportunity to take advantage of every situation that may or may not occur in the financial markets.

Some brokers offer there own bespoke trading platforms, so if a particular broker does not offer the trading software you are looking for, their proprietary trading platform may be better. You will need to test this out yourself with a SunCorp or NordFX demo account.

Broker suncorp NordFX eToro
Offers MT4 Yes Yes No
Offers MT5 No Yes No
Offers cTrader No No No

SunCorp Vs NordFX Mobile Trading

Being able to trade on your mobile can be very useful. Why is this? Well, the stock market sees market movement every second, if you are not near your desktop computer you will probably be near and have access to your phone. This way you will be able to take advantage of all the opportunities present themselves. For example, a stock might move to an all-time low when you are out. In this instance you would have missed out on some profit.

If you have an iPhone you will need an IOS Apple mobile trading app. Thankfully these are very common and if a broker has an application, they are almost always available on an iPhone.

Similarly if your phone requires an android app it is good to check if the broker offers an app that supports Android devices.

If you use Microsoft Windows tablets or phones you will also need to check if the SunCorp and NordFX have trading apps that are compatible.

Broker suncorp NordFX eToro
Web Platform Yes Yes Yes
IOS Trading App Yes Yes
Android Trading App Yes Yes
Microsoft Trading App No No

SunCorp Vs NordFX Trading Account Types Offered

SunCorp Vs NordFX Demo Account

A demo account is an extremely useful account for people with no trading experience. This way you are risking none of your money and testing out your trading skills in a safe environment. For people who have next to no knowledge of trading we recommend signing up with a SunCorp and NordFX demo account fully.

SunCorp Vs NordFX Micro Account

A micro account allows traders to place money on the Forex market. This is best for people who like to make risk averse trades and focuses mostly on foreign exchange currency. This is usually used by beginners.

SunCorp does not offer clients Micro accounts, while NordFX does offer clients Micro accounts.

SunCorp Vs NordFX Standard Account

A standard account is available to more experienced traders. This account allows users to trade on stocks, commodities, crypto etc. To open one of these accounts’ users will have to trade with at least $100. This is the account the m1ajority of people will seek to use.

Both SunCorp and NordFX do offer clients Standard accounts.

SunCorp Vs NordFX MAM Account

What is a MAM account? MAM stands for a Multi Account Manager Account. This is very useful for serious traders who want to use one account to place all of their trades. It is a sophisticated software tool that allows a single trader to execute block trades on all accounts operating under a master account.

SunCorp does not offer clients MAM accounts, while NordFX does offer clients MAM accounts.

SunCorp Vs NordFX ECN Account

An ECN account stands for Electronic Communications Network. This is an account for pure order-matching execution. This is a very sophisticated piece of software and please only try this after much research. The account provider will charge a fee as their commission for executing each trade as an alternative to increasing the raw spread artificially as a revenue method.

SunCorp does not offer clients ECN accounts, while NordFX does offer clients ECN accounts.

SunCorp Vs NordFX Islamic Account

An Islamic account is for people who respect the Quran and would like to invest in the Islamic stock market. This might seem very niche, but it is essential for those concerned as it follows certain ethics in relation to the principles of Islam. They are also referred to swap free accounts.

Both SunCorp and NordFX do offer clients Islamic accounts.

SunCorp Vs NordFX STP Account

Straight Through Processing or STP is where a requested clients trade orders are sent directly to the markets. STP brokers aim to reduce all conflicts of interest. STP is a non dealing desk trading method aimed mainly at Forex traders.

SunCorp does not offer clients STP accounts, while NordFX does offer clients STP accounts.

SunCorp Vs NordFX Managed Account

A managed account is an investment that is owned by a single investor. However, the money-making decisions are in somebody else’s hands. These have become extremely popular in the last decade or so and with good reason. The money needed to invest in such accounts are usually larger as you must consider the fee for the finance professional. However, there are certain brokers that offer variations of managed accounts where you can pay as little as $200.

SunCorp and NordFX do not offer clients Managed accounts.

Broker suncorp NordFX eToro
Offers Demo Accounts No Yes Yes
Offers Micro Accounts No Yes No
Offers Standard Accounts Yes Yes Yes
Offers MAM Accounts No Yes No
Offers ECN Accounts No Yes No
Offers Islamic Accounts Yes Yes Yes
Offers STP Accounts No Yes Yes
Offers Managed Accounts No No No

SunCorp Vs NordFX Withdrawal and Funding Methods

SunCorp and NordFX have multiple deposit and withdrawal options. Funding and withdrawing from your SunCorp and NordFX account to your chosen payment method should be straight forward. Lets see how SunCorp and NordFX compare with each other. Be aware that depending on the payment method you decide upon there may be additional processing fees from your payment provider or bank for processing and converting your funds. Not all potential fees will come from SunCorp or NordFX.

Broker suncorp NordFX eToro
Payment Methods Visa, MasterCard, American Express, Bank Transfer, Neteller, PerfectMoney, WebMoney, FasaPay, CashU, Payza, QIWI, Credit cards, VISA, MasterCard, Diners Club, Maestro, Debit Cards, Bank Transfer, PayPal, Neteller, Skrill, WebMoney, China UnionPay, Giropay, Electronic wallets (eWallets), Ethereum, Bitcoin, Bitcoin Cash, Dash, EOS, Ripple XRP, Litecoin, Zcash, Payoneer,

SunCorp Vs NordFX Customer Support Compared

Customer support is essential when trading. Even professional traders will eventually need the help of SunCorp or NordFX support. This is especially true of traders who are starting from a position of little knowledge. If you are starting out you will want to make sure the SunCorp and NordFX support are always available when you need them. SunCorp and NordFX customer support is not just useful. It is crucial to your trading success!

SunCorp Vs NordFX Live Chat

Live chat is important for several reasons. This is because when you encounter a problem it is nice to know that the problem has the potential to be sorted out then and there. Also speaking to a person live is much less frustrating than speaking to someone over the course of several emails.

SunCorp offers live chat while NordFX does not offer live chat support.

SunCorp Vs NordFX Email Support

when trading with either SunCorp or NordFX you will find Email support is also very useful. Sometimes you might have a more complex question that requires a specific part of the SunCorp or NordFX support team to give a satisfactory answer to. This is where email support with SunCorp and NordFX will be needed.

Both SunCorp and NordFX offer email support.

SunCorp Vs NordFX Phone Support

Although most queries can be resolved with the need of a phone call, it is nice when we can actually explain ourselves with a live human being at either SunCorp or NordFX. We can get straight to the point and this can save us from a lot of time and frustration.

Both SunCorp and NordFX offer phone support.

Lets see how SunCorp and NordFX customer support compare side by side.

Broker suncorp NordFX eToro
Offers Live Chat Yes No Yes
Languages English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian,Hindi, Hebrew, Arabic, Russian Indian, Chinese, Arabic, Brazilian, English, Spanish, Russian English, German, Spanish, French, Italian
Support Email [email protected] [email protected] [email protected]
Phone +61 7 3362 1795 No 44-866-350-0881

SunCorp Vs NordFX Regulation and Licensing

Never trade on a market that is not sufficiently regulated. This should go without saying when submitting your bank card information or investing money on any website. You need to make sure with certainty that your money is in safe hands. Checking to see if SunCorp and NordFX are highly regulated is not a hard task. The more reputable and mainstream brokers will proudly display their regulation certificates on their site and if you cannot see that SunCorp or NordFX have these in place please be extremely cautious before you proceed with them.

We compare SunCorp Vs NordFX financial regulation and licensing side by side below.

Broker suncorp NordFX eToro
FCA Regulation No No Yes
CySEC Regulation No Yes Yes
MiFID Regulation No No Yes
ASIC Regulation No No Yes
FSCA Regulation No No No
DFSA Regulation No No No
MAS Regulation No No No

SunCorp Vs NordFX Risk Management Features

When trading with either SunCorp or NordFX you will want to understand and make full use of all the risk management features on your SunCorp or NordFX trading platforms.

We compare side by side the trading risk management features offered by SunCorp and NordFX below.

SunCorp Vs NordFX Hedging

What is hedging? Have you ever heard of the expression ‘to hedge one’s bets’? This basically means to not speculate solely on the outcome of one event as it could be potentially risky holding all your assets in one place. Hedging in finance means being able to tactically trade in such a way as you are protecting yourself from huge risk. This can be done for example by betting for a stock to rise and betting against it to rise by using different amount or different amounts of leverage.

SunCorp does not offer clients hedging, while NordFX does offer clients hedging.

SunCorp Vs NordFX Stop Loss

Stop loss orders are very useful for more volatile investments. Especially when you are speculating on a stock or Forex currency pair. In a normal trade you cannot lose more than what you invested but when you are using leverage this is not the case. Under these terms it is always good to set a stop loss so you can protect yourself from having any vicious results.

Both SunCorp and NordFX do offer clients stop losses.

SunCorp Vs NordFX Limit Orders

Every broker should give its users an opportunity to place a limit order. This is when you have an order in place to buy a financial instrument at a specific price. When the financial asset hits a set price your trade will be executed. This is extremely useful as it will give you the opportunity to buy a stock at a better price! It would be very time consuming to wait for a stock to fall to a price you would ultimately be satisfied by. Therefore, you can already imagine what help limit orders can be in your trading career.

Both SunCorp and NordFX do offer clients limit orders.

SunCorp Vs NordFX Negative Balance Protection

Negative balance protection is there to protect its customers. Customers do indeed need protecting as trading can be a volatile business and not everybody who invests knows the full consequences of their trade.

The way negative balance protection works is like this: Say you invest $50 but your trade has the potential to lose $125 because you have used leverage. To do this trade you will need $125 available in your account. This is great as it would be very unfortunate if you recieved an unexpected bill from a broker one day.

Both SunCorp and NordFX do offer clients negative balance protection.

Broker suncorp NordFX eToro
Offers Hedging No Yes No
Negative Balance Protection Yes
Guaranteed Stop Loss No
Offers Limit Orders Yes Yes
Offers Trailing Stops Yes

SunCorp Vs NordFX Verdict

We hope this SunCorp Vs NordFX guide has helped you decide who is best to trade with out of SunCorp and NordFX.

Firstly when you are looking to trade it is essential that you can guarantee that your money is in safe hands. Therefore, please bear this in mind when you sign up with SunCorp or NordFX.

Also, before you sign up to any broker make sure you know what you are doing. Simple advice we admit but we know from experience how many people decide to start trading and then ask questions later. To put it in the simplest terms possible before you invest any money into something please take note of exactly what you are doing.

Beware of the risks that come with trading. The financial markets can be volatile and investments can go down as well as up. Educate yourself, make full use of all SunCorp and NordFX educational resources and financial research tools. If you are new to trading sign up for a demo account with SunCorp and NordFX find which suits you and your trading style.

Some of you might be thinking what we mean when we say ‘trading style’. Here are a few examples. A day trader will look to open positions and close them on the same day. This will require a broker that specialises in this. To do this with some brokers would be a bad idea because of the commission and fees involved. Check if SunCorp and NordFX fees match you trading requirements.

Alternatively, you could be on the extreme end of this scale and decide to wait years before you close your investments, if your investment strategy is more long term.

SunCorp and NordFX Alternatives

If SunCorp and NordFX are not what you are not quite what you are looking for we list some of the best SunCorp and NordFX alternatives below.

Other SunCorp and NordFX Vs Comparisons

If you are still looking for an alternative to SunCorp and NordFX and want to see how SunCorp or NordFX compare Vs other brokers check out the SunCorp Vs and NordFX Vs list below.

SunCorp Vs Alternatives

Still not happy have a look at some of our alternative SunCorp Vs side by side comparisons below

NordFX Vs Alternatives

Still not happy have a look at some of our alternative SunCorp Vs side by side comparisons below

SunCorp Vs NordFX Frequently Asked Questions

We answer some of the most frequently asked SunCorp Vs NordFX questions below.

Is SunCorp any Good?

Knowing that a broker is legit is the first thing you should check before signing up to a broker. Is SunCorp legit? – SunCorp are regulated by Australian Prudential Regulation Authority (APRA) and have been in business since 2008

Is NordFX any Good?

NordFX are regulated by Cyprus Securities and Exchange Commission (CySEC), License No: 209/13 and have been in business since 2008.

Which is better SunCorp or NordFX?

SunCorp does not have a high rating, while NordFX does not have a high rating.

Is SunCorp a con?

SunCorp is regulated by Australian Prudential Regulation Authority (APRA) and have been in business since 2008. We recommend looking at a SunCorp alternative that has more financial regulation.

Is NordFX a con?

NordFX is regulated by Cyprus Securities and Exchange Commission (CySEC), License No: 209/13 and have been in business since 2008. NordFX is most definitely not a con as they are regulated by major financial regulators.

What happens if SunCorp or NordFX go bust?

SunCorp and NordFX are regulated which means that as part of their regulatory oblig ations SunCorp and NordFX have to offer a certain level of financial protection to their clients. SunCorp and NordFX should by law keep client funds separate from SunCorp and NordFX funds. If either SunCorp or NordFX go bankrupt they should not have access to your money. Customers accounts should be segregated. The investor compensation schemes differ country to country so check this on the SunCorp and NordFX websites and regulators.

Are SunCorp or NordFX good for beginners?

Do SunCorp or NordFX give courses?

SunCorp and NordFX offer low deposits and access to a selection of educational resources. This is especially useful for beginners and people who want to improve their trading skills. This is a big plus for SunCorp and NordFX as it shows on they have an interest in their customers.