nrdx Spreads, leverage, minimum deposit Revealed

　　NRDX, founded in 1995 and registered in South Africa, is a broker offering stocks, forex, and CFD trading with a $1 min deposit and a demo account for testing. It provides the MT5 platform and its own NRDX platform. However, a major red flag exists: NRDX holds a “suspicious clone” license with South Africas FSCA.

Pros and Cons

Is NRDX Legit?

　　At present, NRDX holds a suspicious clone Financial Service Corporatelicense from the Financial Sector Conduct Authority (FSCA). Please pay high attention to the safety of your funds if you choose this broker.

Regulated Country	Regulated Authority	Regulated Entity	Current Status	License Type	License Number
	The Financial Sector Conduct Authority (FSCA)	NRDX (PTY) LTD	Suspicious Clone	Financial Service Corporate	49648

What Can I Trade on NRDX?

　　On NRDX, you can trade with stocks, forex, and CFDs.

Account Type

　　For Real Stocks, the minimum deposit is $1 for the Silver account.

　　For FX/CFDs, there are other three types of accounts also with a min deposit requirement of $1.

Leverage

　　The maximum leverage is up to 1:500 for FX/CFDs. Please note that high leverage can amplify both profits and losses.

Trading Platform

Deposit and Withdrawal