Company Summary
| NSFX Review Summary | |
| Founded | 2004 |
| Registered Country/Region | Malta |
| Regulation | MFSA, FCA (Revoked) |
| Market Instruments | Forex, commodities, indices |
| Demo Account | ✅ |
| Leverage | / |
| Spread | / |
| Trading Platform | NSFX JForex |
| Minimum Deposit | / |
| Customer Support | Live chat |
| Phone: (+356) 2778 1919 | |
| Email: support@nsfx.com | |
| Physical Address: Suite 124, Signature Portomaso, Vjal Portomaso, San Giljan, PTM01, Malta | |
NSFX Information
NSFX, founded in 2004, is an old brokerage registered in Malta. The trading instruments it provides cover forex pairs, commodities, indices and so on.
Pros and Cons
| Pros | Cons |
| MFSA regulated | Revoked FCA license |
| Three types of trading accounts | No MT4/MT5 |
| Demo accounts available | Unclear fee structure |
| Multiple deposit and withdrawal methods | |
| No deposit fees | |
| Live chat support |
Is NSFX Legit?
NSBroker has two types of licenses, which are MFSA License and FCA License. But it is only regulated by MFSA in Malta because the current status of FCA License is revoked.
| Regulated Authority | Current Status | Regulated Country | Regulated Entity | License Type | License Number |
| Malta Financial Services Authority (MFSA) | Regulated | Malta | ALCHEMY MARKETS LTD. | Market Making(MM) | C 56519 |
| Financial Conduct Authority (FCA) | Revoked | United Kingdom | NSFX Limited | European Authorized Representative (EEA) | 595195 |
What Can I Trade on NSFX?
NSFX offers traders the opportunity to trade forex, commodities, and indices.
| Tradable Instruments | Supported |
| Forex | ✔ |
| Commodities | ✔ |
| Indices | ✔ |
| Stocks | ❌ |
| Cryptocurrencies | ❌ |
| Bonds | ❌ |
| Options | ❌ |
| ETFs | ❌ |
Account Types
NSFX offers 3 different types of accounts to traders, which are ECN, Fixed Spread, JForex. But there isn't much information about account features on its official website.
Trading Platform
NSFX's trading platform is NSFX JForex, which supports traders on PC, Mac, iPhone and Android.
| Trading Platform | Supported | Available Devices | Suitable for |
| NSFX JForex | ✔ | PC, Web, Mobile | / |
| MT4 | ❌ | / | Beginners |
| MT5 | ❌ | / | Experienced traders |
Deposit and Withdrawal
NSFX supports 7 types of payment methods, which are Wire Transfer, MasterCard, Maestro, Visa, Skrill, Neteller, and Fast Bank Transfer. If withdrawing with Skrill and Neteller, a fee of 2.9% will be charged.
| Payment Method | Deposit Fees | Withdrawal Fees | Deposit Time | Withdrawal Time |
| Wire Transfer | $0 | $0 | Between 2-3 days | Up to 2 business days |
| MasterCard | Instant | Up to 1 business day | ||
| Maestro | ||||
| Visa | Up to 2 business days | |||
| Skrill | 2.90% | Up to 1 business day | ||
| Neteller | ||||
| Fast Bank Transfer | $0 | Up to 10 business days | Up to 2 business days |
deals
Hong Kong
They modified my bank account number in the background. I though I filled it wrong. And I have to pay high margin to unfreeze my acocunt. But after I paid, I was told that I can withdraw funds only if I add money according to the digital certificate. I was asked to add money many times but can't withdraw funds successfully.
Exposure
董98129
India
Great trading service with good terms and conditions, NSFX is the most trusted broker I’ve met. Amazing MT4 and JForex, useful trading tools. Guys, trust me, it worth giving a shot.
Positive
дн顺顺顺
Singapore
The demo trading experience is great! But I don't know if the conditions for real trading will be as good as demo trading, and I'm still struggling with whether to spend $300 to open a real account and try to trade... Does anyone have ideas?
Positive
安琪儿
Argentina
Months ago I started my forex trading journey with NSFX and so far I feel good hahaha, I lost a little but I was able to win a little too. What scares me is that someone here on wikifx claims that NSFX scammed him out of 200,000.... I am scared and am considering closing positions and withdrawing my funds. Can someone give me advice?
Neutral