Nelsonfx was founded in 2016 and is an online Forex and CFD broker that is not currently subject to any effective regulation.

WikiFX | 2024-11-13 15:03

Abstract：NelsonFX was registered in 2016 in Marshall Islands. The products offered by this company mainly include currency pairs and CFDs. It uses MT4 as its trading platform, and the minimum deposit is $100. However, it is not subject to any valid regulations currently.

Note: NelsonFX's official website https://nelsonfx.com/ is currently inaccessible normally.

NelsonFXReview Summary
Founded	2016
Registered Country/Region	Marshall Islands
Regulation	No regulation
Market Instruments	CFDs on commodities, oil, gold, silver, forex currency pairs, 14 indices, stocks, and 10-year German Bonds
Demo Account	❌
Leverage	Up to 1:500
EUR/USD Spread	From 0.3 pips
Trading Platform	MT4
Min Deposit	$100
Customer Support	Tel: +61 871 303 556
Customer Support	Email: info@nelsonfx.com

NelsonFX was registered in 2016 in Marshall Islands. The products offered by this company mainly include currency pairs and CFDs. It uses MT4 as its trading platform, and the minimum deposit is $100. However, it is not subject to any valid regulations currently.

Pros and Cons

Pros	Cons
Wide range of trading assets	Inaccessible website
Tight EUR/USD spread	Not subject to any regulation
Leading MT4 trading platform	No demo accounts offered
	Limited payment options

Is NelsonFX Legit?

Nelsonfx is currently an unregulated broker, which means that the safety of users' funds and trading activities are not effectively protected. Therefore investors should be careful to stay away from this Nelsonfx scam broker.

What Can I Trade on NelsonFX?

Nelsonfx offers investors a range of CFD instruments, including commodities, oil, gold, silver, forex currency pairs, 14 indices, stocks, and 10-year German Bonds.

Tradable Instruments	Supported
CFDs	✔
Forex currency pairs	✔
Commodities	✔
Oil	✔
Gold & silver	✔
Indices	✔
Stocks	✔
10-year German Bonds	✔
Cryptocurrencies	❌
Options	❌
ETFs	❌

Account Type

Nelsonfx offers two different trading accounts for investors, the Standard Account and the Premium Account.

Account Type	Minimum Deposit
Standard	$100
Premium	$1,000

However, Nelsonfx does not offer demo accounts.

Leverage

The maximum trading leverage offered by Nelsonfx is up to 1:500. It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.

Spread and Commission

The minimum spread for a standard Nelsonfx account is 0.3 pips for EUR/USD, and other spreads and commissions remain unknown.

Trading Platform

Nelsonfx offers traders the market-leading and highly acclaimed MT4 trading platform, which is popular with professionals and novices alike and features an excellent charting package with a large amount of market data to help traders develop suitable trading strategies.