NSFX-Overview Guide of This Broker
Abstract：NSFX, founded in 2004, is an old brokerage registered in Malta. The trading instruments it provides cover forex pairs, commodities, indices and so on.
| NSFXReview Summary | |
| Founded | 2004 |
| Registered Country/Region | Malta |
| Regulation | MFSA (regulated), FCA (revoked) |
| Market Instruments | Forex, commodities, indices |
| Demo Account | ✔ |
| Leverage | / |
| Spread | / |
| Trading Platform | NSFX JForex |
| Minimum Deposit | / |
| Customer Support | Phone: (+356) 2778 1919 |
| Email: support@nsfx.com | |
| Physical Address: Suite 124, Signature Portomaso, Vjal Portomaso, San Giljan, PTM01, Malta | |
| Live chat | |
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 and MT5 |
| Demo account available | Limited information about account types |
| Multiple deposit and withdrawal methods | |
| No deposit fees |
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 |
| The Malta Financial Services Authority | Regulated | Malta | ALCHEMY MARKETS LTD. | Market Making(MM) | C 56519 |
| The 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, indices.
| Tradable Instruments | Supported |
| Commodities | ✔ |
| Indices | ✔ |
| Forex | ✔ |
| Stocks | ❌ |
| Cryptocurrencies | ❌ |
| Futures | ❌ |
| Options | ❌ |
Account Types
NSFX offers 3 different types of accounts to traders, which are ECN, Fixed Spread, JForex. But there isn't much information about accounts 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
The broker doesn't charge deposit fees or withdrawal fees. It supports 8 types of payment methods, which are Wire Transfer, MasterCard, Maestro, Visa, Skrill, Neteller, Fast Bank Transfer. If withdrawing with Skrill and Neteller, a fee of 2.9% will be charged.
| Method | Deposit Processing Time | Deposit Fees | Withdrawal Processing Time | Withdrawal Fees |
| Wire Transfer | Between 2-3 Days | $0 | Up to 2 Business days | No fees |
| MasterCard | Instant | $0 | Up to 1 Business day | No fees |
| Maestro | Instant | $0 | Up to 1 Business day | No fees |
| Visa | Instant | $0 | Up to 2 Business days | No fees |
| Skrill | Instant | $0 | Up to 1 Business day | 2.90% |
| Neteller | Instant | $0 | Up to 1 Business day | 2.90% |
| Fast Bank Transfer | Up to 10 business days | $0 | Up to 2 Business days | No fees |
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