WhoTrades Vs NordFX

How WhoTrades and NordFX Compare in 2023

WhoTrades or NordFX who is better?

Compare WHOTRADES Versus NORDFX and IC Markets broker accounts.


Compare WhoTrades Vs NordFX Side by Side

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

When trading on financial markets you will want to know all about who WhoTrades or NordFX are, and how they compare. You will naturally want to know how long WhoTrades and NordFX have been in business and what reputation WhoTrades and NordFX have. On top of this, you will need to discover if WhoTrades 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 sure in the knowledge that your money is in a segregated bank account with a financially regulated broker. Let us see how WhoTrades and NordFX compare.

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

Our comparison will help you judge the effectiveness, price, ease of use and support trustworthiness of WhoTrades and NordFX side by side.

If you're itching to start trading, we can assist you in making a well-informed decision when comparing WhoTrades and NordFX. By comprehensively comparing WhoTrades and NordFX features and services, you can choose a trading platform that best suits your needs and preferences. We aim to equip you with the knowledge to make an educated decision and feel confident in your trading journey with WhoTrades, NordFX or an alternative broker.

Our Comparebrokers.co team has painstakingly spent months assessing different brokers accounts. We collected over 1200 data points on WhoTrades 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 the WhoTrades platform 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.


WhoTrades

(3/5)
Benefits of WhoTrades?
  • Established in 2006
  • WhoTrades have been in business for 17 years.
  • Head quarters in Cyprus.
  • Live Chat
  • Segregates clients funds
  • WhoTrades Min deposit $100
WhoTrades screenshot WhoTrades sign up here
Losses can exceed deposits
Reputation Support
Good
Good

WhoTrades Regulation

WhoTrades is regulated by the Cyprus Securities and Exchange Commission (CySEC), Financial Industry Regulatory Authority (FINRA), Securities Investor Protection Corporation (SIPC).

Excluded Countries

WhoTrades Fees

Deposit fee Varies
Commission 5%- 6%
Inactivity fee Yes
Withdrawal fee 0.12%- 2%
Min trade 1 Lot
Max trade 25 lot
Min deposit $100
View all spreads
& fees here
Losses can exceed deposits

Funding Methods

Credit card
Bank transfer
American Express
PayPal
Neteller
Skrill
Bitcoin

Payment processing time
1-3 business days

Withdrawal processing time
2-3 business days
See all WhoTrades
funding options here
Losses can exceed deposits

WhoTrades Features

Apple application available
Android application available
Windows application available
Can Set Price alerts
Variable spreads (Forex)
Scalping trading
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

WhoTrades Platforms

Mac, Mirror Trader, Web Trader, Tablet & Mobile apps

WhoTrades Languages

See WhoTrades
features here
Losses can exceed deposits

Financial Markets

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

WhoTrades 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 WhoTrades website. Our records were last updated on .

Visit WhoTrades today
Losses can exceed deposits

NordFX

(4/5)
Benefits of NordFX?
  • Established in 2008
  • NordFX have been in business for 15 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, VFSC registration number 15008.

Excluded Countries

US, CA, EU, RU, SY, KP, CU

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
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 CFD
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

IC Markets

(4/5)
Benefits of IC Markets?
  • Established in 2007
  • IC Markets have been in business for 16 years.
  • Head quarters in Australia.
  • Live Chat
  • Segregates clients funds
  • IC Markets Min deposit $200
IC Markets screenshot IC Markets sign up here
Losses can exceed deposits
Reputation Support
Good
Good

IC Markets Regulation

IC Markets is regulated by the Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC).

Excluded Countries

US, IR, CA, NZ, JP

IC Markets Fees

Deposit fee Varies
Commission Yes
Inactivity fee No
Withdrawal fee No
Min trade 0.01 Lot
Max trade None
Min deposit $200
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 IC Markets
funding options here
Losses can exceed deposits

IC Markets Features

Apple application available
Android application available
Windows application available
Can Set Price alerts
Variable spreads (Forex)
Scalping trading
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

IC Markets Platforms

MT4, MT5, Mirror Trader, Web Trader, cTrader, Windows, Mac, iOS, Android

IC Markets Languages

English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more

See IC Markets
features here
Losses can exceed deposits

Financial Markets

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

IC Markets 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 IC Markets website. Our records were last updated on .

Visit IC Markets today
Losses can exceed deposits

WhoTrades Vs NordFX Table of Contents

WhoTrades and NordFX in Detail

WhoTrades Review Screenshot

The WhoTrades online trading platform gives traders from all over the world access to over 100 financial instruments including over 50 available instruments. There are over 10,000+ registered customers that have taken advantage of the WhoTrades platform.

WhoTrades are regulated by Cyprus Securities and Exchange Commission (CySEC), Financial Industry Regulatory Authority (FINRA), Securities Investor Protection Corporation (SIPC).

WhoTrades 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, VFSC registration number 15008. Depending on the country you are trading from WhoTrades 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. Financial regulation is the most important thing to consider. WhoTrades is not listed as a PLC.

Benefits of WhoTrades and NordFX Compared

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

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

Why smaller trading deposits are good and how WhoTrades and NordFX compare

One primary and self-evident factor to remember is that you must only deposit an amount that fits your financial capacity with either WhoTrades or NordFX. If you have limited financial resources, the broker with the most affordable deposit option will be more appealing. WhoTrades requires a minimum deposit of 100, whereas NordFX mandates a minimum deposit of 1. One additional factor to consider while venturing into more precarious yet potentially lucrative financial instruments is to limit your speculation to a modest proportion of your designated trading funds. It's advisable not to be deterred by a broker's higher minimum deposit, whether it's WhoTrades or NordFX, and instead focus on the comprehensive trading features offered by their platform. Frequently, a higher minimum deposit provides access to a wider range of financial assets and research tools on the trading platform.

WhoTrades allows traders to trade up to 100 financial instruments while NordFX have around 50 on their trading platform.

The more instruments available on WhoTrades and NordFX trading platforms the more potential financial instruments you can buy or sell for your portfolio. 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 WhoTrades or NordFX.

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

WhoTrades allows retail traders to trade the following assets Forex, Social Trading on the WhoTrades Mac, Mirror Trader, Web Trader, Tablet & Mobile apps trading platforms.

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

Compare WhoTrades and NordFX in more detail below.

Drawbacks of WhoTrades and NordFX Compared

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

Various potential downsides can be associated with certain brokers, including WhoTrades and NordFX. One primary drawback is the potential restrictions that may be imposed. Generally, the more diverse investment options available, the more favourable the situation. Another critical aspect to consider is the trading fees and commissions charged by WhoTrades compared to NordFX. High trading fees and commissions can significantly impact potential profits. Additionally, essential factors to consider are the quality of trading research tools, educational resources, and the overall user-friendliness of WhoTrades versus NordFX.

Broker WhoTrades NordFX IC Markets
Inactivity Fees Yes No No
Withdrawl Fees 0.12%- 2% No No
Withdrawal Processing Time 2-3 business days Varies Varies
Min Deposit 100 1 200
Social Trading Yes No Yes
Excluded Countries US, CA, EU, RU, SY, KP, CU US, IR, CA, NZ, JP

WhoTrades Vs NordFX Available Financial Markets

The saying 'Variety is the spice of life' holds for financial markets. It is always advisable to have a diversified investment portfolio whether trading with WhoTrades or NordFX. A diversified portfolio with WhoTrades or NordFX can safeguard your investments from significant downturns in any particular market. For instance, when one stock rises, others may follow suit.

Conversely, when the market takes a downturn, it can be disastrous for your investments. The most effective investment portfolios cover potential risks and encompass many businesses and stocks. When creating a diverse investment portfolio with brokers like WhoTrades or NordFX, it is recommended to have access to a variety of tradable assets, commodities, and securities on different trading platforms such as WhoTrades and NordFX.

Broker WhoTrades NordFX IC Markets
Instruments Available 100 50 2250
Offers share dealing No No Yes
Number of Shares 0 0 2,100
Offers US Stocks Yes No Yes
Offers UK Stocks No No Yes
Offers German Stocks No No Yes
Offers Japanese Stocks Yes No Yes
Offers Indices Trading Yes No Yes
Number of Commodities 0 0 20
Offers Metals Commodities Yes Yes Yes
Offers Energy Commodities Yes No Yes
Offers Agricultural Commodities No No Yes
Offers Forex Trading Yes Yes Yes
Number of Forex Pairs 15 61
Offers Major Forex Pairs Yes Yes Yes
Offers Minor Forex Pairs Yes
Offers Exotic Forex Pairs Yes
Offers CFD Trading Yes Yes
Offers Social Trading Yes No Yes

WhoTrades Vs NordFX Cryptocurrency Trading

Since the creation of Bitcoin, the world of cryptocurrencies has been booming, including on trading platforms like Both WhoTrades and NordFX, and it's not difficult to see why. Cryptocurrencies have the potential to turn modest investments into millions, although this is a rare occurrence. This feat is hard to achieve compared to other financial instruments like stocks and shares. Both WhoTrades and NordFX offer some form of cryptocurrency trading.

Bitcoin is the most popular cryptocurrency, but thousands of altcoins could experience a similar rise. Altcoins follow the same trajectory as Bitcoin, similar to how stocks rise and fall with the market.

Investing in cryptocurrencies with WhoTrades or NordFX is considered a high-risk venture. The prices of cryptocurrencies can experience extreme highs and lows. If you choose to invest in cryptocurrencies, allocating only a fraction of your portfolio or trading budget to it is essential. Crypto trading with WhoTrades or NordFX could lead to one of the most exciting trades you've ever made, depending on the market. Please remember that cryptocurrency availability on WhoTrades, NordFX, and all brokers are subject to regulation.

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

Broker WhoTrades NordFX IC Markets
Allows Cryptocurrency Trading (availability subject to regulation) No Yes Yes
Cryptocurrencies Offered BTC, BCH, ETH, LTC, DASH, XRP, EOS, EMC, NMC, PPC

WhoTrades Vs NordFX Commission and Fees

knowing your trading and commission fees with WhoTrades vs NordFX is extremely important. For the majority of the WhoTrades 100 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 WhoTrades and NordFX. The bigger the fee, the bigger the issue is. Most alarmingly, some financial assets charge you to hold on to the asset overnight or over the weekend. Some commodities and stocks you are using leverage on may have overnight charges. Please check your fees with WhoTrades and NordFX before you invest because you must know what you are paying.

You ideally want to choose a broker like WhoTrades or NordFX that does not charge too much for withdrawal fees. High trading fees and commissions will eat into your profits. The fees will be noticeable if you have a low budget and do not intend to invest so much with WhoTrades or NordFX. You want the withdrawal fee to be less than one per cent of what you are withdrawing but, more ideally, $5 to $10.

Your location or residence will have an impact on your potential WhoTrades and NordFX fees, of course. Make sure you do your research and check the commission and fees with both WhoTrades 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. Also, with WhoTrades or NordFX be aware of or 3rd party payment provider fees and currency conversion fees.

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

Numerous notifications are usually sent to you as a reminder of dormant WhoTrades and NordFX accounts, giving you sufficient time to decide on the appropriate course of action. You can opt to continue using your WhoTrades or NordFX account, or choose to close it.

Usually, the associated fees for dormant WhoTrades or NordFX accounts are quite minimal, and there is no need to panic, particularly when the issue can be easily resolved. It's always advisable to keep track of your live WhoTrades or NordFX trading account activity to avoid any unnecessary fees or charges.

When you deposit money to a broker like WhoTrades or NordFX you might need to pay deposit fees. The lower, the better. Most preferably, you would have to pay WhoTrades or NordFX 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 consideration before you sign up.

Let's see how WhoTrades vs NordFX compare side by side for commissions and fees.

Broker WhoTrades NordFX IC Markets
Min Deposit 100 1 200
Inactivity Fees Yes No No
Withdrawal Fees 0.12%- 2% No No
Deposit Fees Varies No Varies

WhoTrades Vs NordFX Trading Platforms

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

Some brokers offer 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 must test this yourself with an WhoTrades or NordFX demo account.

Broker WhoTrades NordFX IC Markets
Offers MT4 No Yes Yes
Offers MT5 No Yes Yes
Offers cTrader No No Yes

WhoTrades Vs NordFX Mobile Trading

Trading on your mobile with WhoTrades and NordFX 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 and WhoTrades and NordFX mobile trading apps. This way, you can take advantage of all potential trading opportunities mobile trading with WhoTrades or NordFX. For example, a stock might move to an all-time low when you are out. In this instance, having access to mobile trading with WhoTrades or NordFX can help limit your risk and trade on the move.

If you own an iPhone, having an IOS Apple mobile trading app with WhoTrades or NordFX is essential. Likewise, if you have an android phone, it's crucial to verify if WhoTrades or NordFX broker provides an app compatible with Android devices. If you use Microsoft Windows tablets or phones, you must also check if WhoTrades and NordFX have trading apps compatible with your device.

Broker WhoTrades NordFX IC Markets
Web Platform Yes Yes Yes
IOS Trading App Yes Yes Yes
Android Trading App Yes Yes Yes
Microsoft Trading App Yes No Yes

WhoTrades Vs NordFX Trading Account Types Offered

WhoTrades Vs NordFX Demo Account

A demo account with WhoTrades or NordFX is extremely useful for people without trading experience. This way, you risk none of your money and test your trading skills in a safe environment. For people with next to no knowledge of trading, we recommend fully signing up with an WhoTrades and NordFX demo account.

WhoTrades Vs NordFX Micro Account

Micro accounts are trading accounts used by Forex traders that allow them to trade with smaller amounts of capital than standard trading accounts. Micro accounts require a smaller minimum deposit, usually ranging from $1 to $500, and offer smaller trade sizes than standard accounts, allowing traders to manage their risk more effectively.

If you need a micro account check if WhoTrades or NordFX offer micro trading accounts in your region.

Overall, micro accounts provide a flexible and cost-effective way for Forex traders to enter the market and gain valuable trading experience while minimizing risks. However, traders need to remember that Forex trading carries significant risks, and they should always approach trading with caution and sound risk management strategies.

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

WhoTrades Vs NordFX Standard Account

A standard account is available on WhoTrades and NordFX to more experienced traders. This account allows users to trade on stocks, commodities, crypto etc. To open one of these retail investor accounts, users must trade with at least $100. Standard trading accounts are what the majority of people will seek to use.

Both WhoTrades and NordFX do offer clients Standard accounts.

WhoTrades Vs NordFX MAM Account

A MAM (Multi-Account Manager) account is typically used by professional traders. It allows a trader to manage multiple individual trading accounts from a single master account, making it easier to execute trades and manage risk across multiple clients. MAM accounts can help streamline the trading process and improve efficiency for trader and their clients. If you need a MAM account check if MAM accounts are available with WhoTrades or NordFX or alternative.

Both WhoTrades and NordFX do offer clients MAM accounts.

WhoTrades Vs NordFX ECN Account

The primary purpose of ECN accounts is to provide traders with faster execution speeds and better pricing by connecting them directly to the market. ECN accounts allow traders to exploit the tightest spreads and access the deepest liquidity pools.

ECN accounts are used for fast and efficient trading, with lower transaction costs and greater transparency. While they may not be suitable for all traders, those with the necessary experience and expertise can benefit greatly from using an ECN account.

If you need a ECN account check they are available with WhoTrades or NordFX or alternative.

Both WhoTrades and NordFX do offer clients ECN accounts.

WhoTrades Vs NordFX Islamic Account

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

If you need a Islamic account check they are available with WhoTrades or NordFX or alternative.

WhoTrades does not offer clients Islamic accounts, while NordFX does offer clients Islamic accounts.

WhoTrades Vs NordFX STP Account

Straight Through Processing or STP is where a requested client's 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.

If you need a STP account check they are available with WhoTrades or NordFX or alternative.

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

WhoTrades Vs NordFX Managed Account

A managed account is a type of investment account where a professional manager or investment firm is responsible for making investment decisions on behalf of the account owner. The account owner typically retains ownership of the underlying assets but delegates responsibility for managing those assets to the manager.

While some managed accounts require significant investment minimums to access the services of a professional manager, many brokers now offer variations of managed accounts that can be accessed with smaller investment amounts. It's important to note that the fees associated with managed accounts can vary widely depending on the level of service the manager provides and the investment strategy employed. Investors should carefully evaluate the costs and benefits of managed accounts before making an investment decision.

WhoTrades and NordFX do not offer clients Managed accounts.

Broker WhoTrades NordFX IC Markets
Offers Demo Accounts Yes Yes Yes
Offers Micro Accounts No Yes No
Offers Standard Accounts Yes Yes Yes
Offers MAM Accounts Yes Yes Yes
Offers ECN Accounts Yes Yes No
Offers Islamic Accounts No Yes Yes
Offers STP Accounts No Yes No
Offers Managed Accounts No No No

WhoTrades Vs NordFX Withdrawal and Funding Methods

WhoTrades and NordFX have multiple deposit and withdrawal options. Funding and withdrawing from your WhoTrades and NordFX accounts to your chosen payment method should be straightforward. Lets see how WhoTrades and NordFX compare with each other. Be aware that depending on your payment method, 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 WhoTrades or NordFX.

Broker WhoTrades NordFX IC Markets
Payment Methods Credit cards, Bank Transfer, Neteller, Skrill, Bank Transfer, Neteller, PerfectMoney, WebMoney, FasaPay, CashU, Payza, QIWI, Credit cards, Debit Cards, PayPal, Wire Transfer, Neteller, Neteller VIP, Skrill, UnionPay, Bpay, FasaPay, Broker to Broker, POLI, Thai Internet Banking, RapidPay, Klarna, Vietnamese Internet Banking, Online Digital Wallets, USDT (Tether),

WhoTrades Vs NordFX Customer Support Compared

Customer support is essential when trading. Even professional traders will eventually need the help of WhoTrades or NordFX support. Customer support is especially important for traders starting with little knowledge. If you are starting out, you will want to ensure the WhoTrades and NordFX support is always available when needed. WhoTrades and NordFX customer support is not just useful. broker customer support is crucial to your trading success!

WhoTrades Vs NordFX Live Chat

Live chat is important for several reasons. When you encounter a problem with WhoTrades or NordFX trading platforms, it is nice to know that the problem has the potential to be sorted out then and there. Also, speaking to someone live is much less frustrating than speaking to someone through several emails.

WhoTrades do not offer livechat support. On the other hand NordFX do not offer livechat support.

WhoTrades Vs NordFX Email Support

When trading CFDs, stocks, commodities, currencies, cryptocurrencies or any other financial instruments with either WhoTrades or NordFX you will find Email support is also very useful. Sometimes you might have a more complex question requiring a specific part of the WhoTrades or NordFX support team to answer satisfactorily. Email support with WhoTrades and NordFX will be needed.

Both WhoTrades and NordFX offer email support.

WhoTrades Vs NordFX Phone Support

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

WhoTrades do offer phone support. On the other hand NordFX do not offer phone support.

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

Broker WhoTrades NordFX IC Markets
Offers Live Chat No No Yes
Languages Indian, Chinese, Arabic, Brazilian, English, Spanish, Russian English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more
Support Email [email protected] [email protected] [email protected]
Phone =+357 25 344 563 No No

WhoTrades Vs NordFX Regulation and Licensing

Never trade on a market that is not sufficiently regulated. Only submit your bank card information or invest money on financially regulated websites. It would help if you made sure with certainty that your money is held with a regulated brokerage. Checking whether WhoTrades and NordFX are 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 WhoTrades or NordFX have these in place, please be extremely cautious before you proceed with them.

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

Broker WhoTrades NordFX IC Markets
FCA Regulation No No No
CySEC Regulation Yes Yes Yes
MiFID Regulation No No No
ASIC Regulation No No Yes
FSCA Regulation No No No
DFSA Regulation No No No
MAS Regulation No No No

WhoTrades Vs NordFX Risk Management Features

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

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

WhoTrades Vs NordFX Hedging

What is hedging? Have you ever heard of the expression 'to hedge ones bets'? Hedging means not speculating solely on the outcome of one event, as holding all your assets in one place could be risky. Hedging in finance means being able to trade to protect yourself from huge risks by limiting risk using diversification. Hedging can be done, for example, by speculating on a stock to rise and against it to rise by using different amounts or different amounts of leverage.

Both WhoTrades and NordFX do offer clients hedging.

WhoTrades Vs NordFX Stop Loss

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

Both WhoTrades and NordFX do offer clients stop losses.

WhoTrades Vs NordFX Limit Orders

Every broker should allow users to place a limit order. Limit orders are when you have the order to buy a financial instrument at a specific price. Your trade will be executed when the financial asset hits a set price. Limit orders are extremely useful as they allow you to buy 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 helping limit orders can be in your trading career.

Both WhoTrades and NordFX do offer clients limit orders.

WhoTrades Vs NordFX Negative Balance Protection

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

Negative balance protection works like this: Say you invest $50, but your trade can lose $125 because you have used leverage. You will need $125 available in your account to do this trade. Negative balance protection is essential, as it would be unfortunate if you received an unexpected bill from a broker one day.

Both WhoTrades and NordFX do offer clients negative balance protection.

Broker WhoTrades NordFX IC Markets
Offers Hedging Yes Yes Yes
Negative Balance Protection Yes
Guaranteed Stop Loss No
Offers Limit Orders Yes Yes Yes
Offers Trailing Stops Yes

WhoTrades Vs NordFX Verdict

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

When choosing a broker like WhoTrades or NordFX for trading, it's important to ensure your money is held in a segregated bank account. Your live trading funds with WhoTrades or NordFX are kept separate from the broker's funds and can be returned to you if the broker faces financial difficulties or insolvency when signing up with brokers such as WhoTrades or NordFX, it's crucial to verify that they offer this safeguard. By doing so, you can have greater peace of mind and confidence in the safety of your funds as you engage in trading activities with WhoTrades or NordFX.

Also, before you sign up with online brokers like WhoTrades or NordFX, 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. Please know what you are doing with WhoTrades or NordFX before investing money into something.

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

Some of you might be thinking about what we mean when we say 'trading style'. Here are a few examples. A day trader using WhoTrades or NordFX will look to open positions and close them on the same day. Day trading in this way 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 WhoTrades and NordFX fees match your trading requirements.

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

WhoTrades and NordFX Alternatives

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

Other WhoTrades and NordFX Vs Comparisons

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

WhoTrades Vs Alternatives

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

NordFX Vs Alternatives

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

WhoTrades Vs NordFX Frequently Asked Questions

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

Is WhoTrades any Good?

Knowing that a broker is legit is the first thing you should check before signing up with a broker. Is WhoTrades legit? - WhoTrades are regulated by Cyprus Securities and Exchange Commission (CySEC), Financial Industry Regulatory Authority (FINRA), Securities Investor Protection Corporation (SIPC) and have been in business since 2006

Is NordFX any Good?

NordFX are regulated by Cyprus Securities and Exchange Commission (CySEC), License No: 209/13, VFSC registration number 15008 and have been in business since 2008.

Which is better WhoTrades or NordFX?

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

Is WhoTrades a con?

WhoTrades is regulated by Cyprus Securities and Exchange Commission (CySEC), Financial Industry Regulatory Authority (FINRA), Securities Investor Protection Corporation (SIPC) and have been in business since 2006. WhoTrades is most definitely not a con as they are regulated by major financial regulators.

Is NordFX a con?

NordFX is regulated by Cyprus Securities and Exchange Commission (CySEC), License No: 209/13, VFSC registration number 15008 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 WhoTrades or NordFX go bust?

WhoTrades and NordFX are regulated, which means that as part of their regulatory obligations WhoTrades and NordFX have to offer a certain level of financial protection to their clients. WhoTrades and NordFX should by law keep client funds separate from WhoTrades and NordFX funds. If either WhoTrades or NordFX goes bankrupt, they should not have access to your money. Customer accounts should be segregated. A financial services compensation scheme differs from country to country, so check this on the WhoTrades and NordFX websites and regulators.

Are WhoTrades or NordFX good for beginners?

WhoTrades and NordFX offer low deposits and access to a selection of market insights and news resources. Both WhoTrades and NordFX offer demo accounts. Demo trading accounts are a big plus for WhoTrades and NordFX as it shows they are interested in their customers.


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Losses can exceed deposits