Compare NordFX vs NSFX
What is NordFX? What is NSFX?
NordFX is an international forex broker established in 2008 that provides online trading platforms and free training for forex, commodities, indices, cryptocurrencies and other assets. NordFX is regulated by the MFSA in Malta and offers low spreads, high leverage, 24/5 support and fast order execution.
NSFX is a forex broker that offers CFDs and currencies trading with ECN technology and tight spreads. NSFX was founded in 2012 and is also regulated by the MFSA in Malta. NSFX provides traders with innovative trading platforms, secure funds, analytical tools and professional support.
NordFX vs NSFX Regulation Comparison
| Broker | Regulator | License Number | Investor Compensation Scheme |
|---|---|---|---|
| NordFX | MFSA | IS/56519 | Yes |
| NSFX | MFSA | IS/56519 | Yes |
| NSFX | FCA | 595195 | Yes |
| NSFX | BaFin | 131055 | Yes |
| NSFX | ACP | 74397 | Yes |
| NSFX | CNMV | 3354 | Yes |
| NSFX | Finanstilsynet | 9221 | Yes |
NordFX vs NSFX Trading Assets Comparison
Both NordFX and NSFX offer a wide range of trading assets, including forex pairs, metals, cryptocurrencies, indices, stocks and oil. However, the number and variety of assets may differ depending on the account type and the trading platform chosen by the client.
For example, NordFX offers 28 forex pairs on its Fix account, 33 forex pairs on its Pro and Zero accounts, and 14 cryptocurrencies on its Crypto account. NSFX offers 33 forex pairs on its MT4 platform and 47 forex pairs on its JForex platform. Both brokers also offer CFDs on indices, stocks and commodities, but the number and selection may vary.
NordFX vs NSFX Trading Fees Comparison
| Broker | Account Type | Spread Type | Minimum Spread | Commission | Minimum Deposit |
|---|---|---|---|---|---|
| NordFX | Fix (STP) | Fixed | 2 pips | No | $10 |
| NordFX | Pro (STP) | Variable | 0.9 pips | No | $100 |
| NordFX | Zero (ECN) | Variable | 0 pips | 0.0035% per trade (each side) | $500 |
| NSFX | Standard (STP) | Fixed | 3 pips | No | $300 |
| NSFX | Professional (ECN) | Variable | 0.9 pips | $8 per lot (round turn) | $3,000 |
| NSFX | JForex (ECN) | Variable | 0.2 pips | $8 per lot (round turn) | $5,000 |
NordFX vs NSFX Account Types Comparison
Both NordFX and NSFX offer different types of accounts with different features and benefits. In addition to the trading fees, the account types may also differ in terms of leverage, quote precision, trading platforms, instruments and other services. For example, NordFX offers leverage up to 1:1000 on all its accounts, while NSFX offers leverage up to 1:200 on its Standard account and up to 1:100 on its Professional and JForex accounts.
NordFX also offers a Savings account that pays an average yearly interest of 30% on stablecoins and allows clients to take loans on their investment to trade. NSFX does not offer such an account, but it provides clients with access to interbank liquidity, analytical tools and professional support on its ECN accounts.
NordFX vs NSFX Deposit Options Comparison
Both NordFX and NSFX offer various deposit and withdrawal options for their clients, such as bank wire transfer, credit/debit cards, e-wallets and cryptocurrencies. However, the availability and fees of these options may vary depending on the country, currency and amount of the transaction.
For example, NordFX accepts deposits and withdrawals in USD, EUR, BTC, ETH and USDT. NSFX accepts deposits and withdrawals in USD, EUR, GBP and JPY. Both brokers do not charge any fees for deposits, but they may charge fees for withdrawals depending on the method used. For example, NordFX charges a fee of $25 for bank wire withdrawals and a fee of 1% for Bitcoin withdrawals. NSFX charges a fee of $20 for bank wire withdrawals and a fee of $10 for credit/debit card withdrawals.
NordFX vs NSFX Trading Platforms Comparison
Both NordFX and NSFX offer the popular MetaTrader4 (MT4) trading platform as one of their options for their clients. MT4 is a widely used platform that provides traders with a range of features and tools, such as charting, indicators, expert advisors, scripts and more. Both brokers also offer web-based and mobile versions of MT4 that are compatible with various devices and operating systems.
However, NSFX also offers another trading platform called JForex, which is developed by Dukascopy Bank SA. JForex is an advanced platform that offers clients the ultimate trading experience with ECN and STP technology, tight spreads, deep liquidity and fast execution. JForex also has a web-based and mobile version that allows traders to access the market from anywhere and anytime.
NordFX vs NSFX Analytical Tools Comparison
Both NordFX and NSFX offer some analytical tools to their clients, such as:
- Charting tools: Both brokers provide traders with advanced charting tools on their trading platforms, such as different types of charts (line, bar, candlestick, etc.), time frames, zoom levels, drawing tools, annotations and more. Traders can also customize their charts with various indicators, oscillators, overlays and other technical analysis tools.
- Economic calendar: Both brokers provide traders with an economic calendar that shows the dates and times of important economic events and indicators that may affect the market movements and volatility. Traders can also filter the calendar by country, currency, impact level and category.
- Market news: Both brokers provide traders with market news that covers the latest developments and trends in the global financial markets. Traders can also access analysis and commentary from experts and professionals on various topics and instruments.
- Trading signals: Both brokers provide traders with trading signals that are generated by technical analysis or expert advisors. Trading signals are alerts that indicate the possible direction, entry point, exit point and risk/reward ratio of a trade. Traders can use these signals as a guide or a confirmation for their own trading strategies.
- Trading calculators: Both brokers provide traders with trading calculators that help them calculate various parameters and values related to their trades, such as margin, pip value, swap, profit/loss and more. Traders can use these calculators to plan and manage their trades more effectively.
However, NSFX also offers some additional analytical tools that NordFX does not offer, such as:
- Trading Central: NSFX provides traders with access to Trading Central, a leading provider of technical analysis and investment research. Trading Central offers traders with daily market reports, newsletters, webinars, videos and other educational resources that cover various instruments and strategies. Trading Central also provides traders with actionable trading ideas and recommendations based on its proprietary methodology and algorithms.
- Autochartist: NSFX provides traders with access to Autochartist, a powerful tool that scans the market for potential trading opportunities based on chart patterns, Fibonacci patterns and key levels. Autochartist also provides traders with volatility analysis, performance statistics, risk management tools and more. Autochartist helps traders save time and enhance their trading performance.
NordFX vs NSFX. Which forex broker is better? Which forex broker should you choose?
There is no definite answer as to which forex broker is better or which one you should choose, as different brokers can suit different traders depending on their preferences. their goals, strategies, experiences and risk appetite. However, here are some factors that can help you decide:
- If you are looking for a broker that has more regulation and licenses in Europe, you may prefer NSFX over NordFX.
- If you are looking for a broker that offers more trading assets and instruments, you may prefer NSFX over NordFX, especially if you want to trade on the JForex platform.
- If you are looking for a broker that offers lower trading fees and commissions, you may prefer NordFX over NSFX, especially if you want to trade on the Zero account.
- If you are looking for a broker that offers higher leverage and lower minimum deposits, you may prefer NordFX over NSFX.
- If you are looking for a broker that offers a savings account that pays interest on stablecoins and allows loans for trading, you may prefer NordFX over NSFX.
- If you are looking for a broker that offers more analytical tools and resources, such as Trading Central and Autochartist, you may prefer NSFX over NordFX.
Ultimately, the best way to choose a forex broker is to do your own research, compare the features and benefits of different brokers, test their platforms and services with a demo account, and read reviews and feedback from other traders. You should also consider your own trading style, needs and expectations before making a final decision.
