NordFX is an offshore broker registered in Vanuatu that operates through several websites, primarily in Asia, and offers leverage of up to 1:1,000. The website says no clients from North America and the EU are accepted. However, we could register as EU residents in our review. NordFX has an extensive portfolio of payment processors. In our review, pre-KYC deposits via crypto were possible in theoretically unlimited amounts. Be careful when dealing with NordFX.
Key Data
| Trading name | NordFX |
| Activity | Forex and CFD broker |
| Domains | https://nordfx.com https://nordfxmalaysian.com https://nordfxindo-asean.com https://nordfxpartners.com |
| Social media | LinkedIn, Twitter, Facebook, Instagram |
| Legal entity | NFX Capital VU Inc (Vanuatu) |
| Jurisdiction | Vanuatu |
| Authorization | No |
| Leverage | up to 1:1,000 |
| Payment options | Credit/debit card, bank wire, e-wallets, crypto |
| Payment processors | BrightCart, Kryptova, DusuPay DragonPay, Fasapay, Help2Pay Perfect Money, Skrill, Neteller SticPay, TC-Pay, PayRetailers Cryptix, Binance FXPaymentServices (https://secure.fxpaymentservices.com) |
Short Narrative
With almost 500,000 monthly visitors, NordFX is quite a large broker. More than 60% of website visitors come from Asian countries like Vietnam, Thailand, or the Philippines. The NordFX scheme reportedly has more than 2 million clients and 29,000 affiliates. Those are impressive numbers.
Among the payment processors, we have discovered BrightCart, Kryptova, DusuPay, and DragonPay. Deposits via crypto are possible via BinancePay or Cryptix. There are also several e-wallet services, such as PerfectMoney, Skrill, and Neteller.
NordFX does not look like scam, but it certainly is an unauthorized offshore broker. Clients of offshore brokers are not protected by any investor compensation schemes and are not entitled to financial ombudsman support. You should therefore avoid offshore brokers, in our humble opinion.
Share Information
If you have any information about NordFX, its operators, and its facilitators, please let us know via our whistleblower system, Whistle42.
