Scammers’ ultimate goal is to enrich themselves at the expense of trusting clients by using various tricks and manipulations in trading, which often leads to investors losing their funds. Nord FX company is one of the examples of such dishonest practices.
More detailed information about the company:
The company nordfx.com has been in existence since 2008. It is operated by NFX CAPITAL VU PL and registered in Vanuatu. The company holds licenses from FSC (Mauritius) and CySEC (Cyprus).
The CySEC organization is known for its seriousness, despite Cyprus being an offshore territory. However, it was found after investigation that Nord FX is not regulated by this financial body.
The broker is not regulated by any organization, as evidenced by numerous negative reviews about its activities.
The company offers low spreads and leverage of 1:1000, but this often leads to traders experiencing financial losses. Additionally, Nord FX promises 24/7 support and fast order execution, which does not correspond to reality.
The broker also offers trading from mobile devices and direct ECN trading, though this has resulted in negative feedback in practice.
The broker’s platform offers the outdated Metatrader 4, and the choice of account types such as Fix, Pro, and Zero often results in clients losing funds.
The company’s boasted awards hold little significance, as they can be bought. The contract with the company contains numerous convoluted clauses that give the broker wide opportunities for manipulation and avoiding responsibility.
Client reviews about Nord FX also indicate numerous instances of dishonest practices and loss of funds without objective reasons.
Our advice: steer clear of Nord FX, as the company does not provide reliable services and fails to meet client expectations.
Make an informed choice of a financial intermediary to safeguard your investments and avoid financial losses.
