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NORDMARKETS FOREX TRADING
NordMarkets Forex Trading
        
NordMarkets.com provides foreign exchange services to institutional and retail clients through the electronic trading platform FXDesk and MT4. Our mission is to provide our clients with cutting edge technology, fast execution, high level customer service and safety of funds.
Established: Sweden 2007 (SFSA 556726-9138)
Capitalisation: Undisclosed
Languages: Arabic, English, Farsi, Russian, Spanish, Swedish for sales/customer support (platforms may have more/different platform options)
NordMarkets Forex Trading Screen Shot
Advantages
1. Competitive pricing - When trading with NordMarkets your orders will be routed directly to several of the world’s largest banks and clearinghouses ensuring that you will receive the best price at any given time. Which means low transactions costs and that there will be No Dealing Desk trading against your positions
 
2. A specialist in FX transactions - NordMarkets FXDesk is built on the latest technology and it allows us to receive currency rates from several sources (international banks, clearinghouses and ECN's) which we distribute directly to our clients. Instead of only having one counterpart to trade with as most traders have today, the majority of FX participants are shifting towards multibank-portals such as NordMarkets where the banks are competing for your business and not the other way around.
Disadvantages
1. No Micro accounts
2. Minimum deposit 1000 USD
3. Only 1 base currency USD
4. Does nor except US customers
Terms & Conditions
View Terms and Conditions
Account Information
Leverage: 1:200Commission: $0.00
Spread: VariableAverage PIP Spread: 0.7-4
Account Size (Min): $1,000Account Size (Max): Unlimited
Trade Size (Min): $100,000 
Market Maker: NoDirect Market Access (ECN/STP): Yes
Stop and Limit Orders: YesGuaranteed Stop Orders with Fee: No
Contingent Orders: YesTrailing Stops: Yes
Scalping: YesHedging: Yes
Dedicated Account Handlers: YesDiscretionary Management: Yes
Interest On Balance: NoIslamic Swap-Free Accounts: No
FX Forwards: YesOptions: Yes
Accepts US Citizens: No 
Traded Currencies Pairs: 31
(AUD/CAD, AUD/JPY, AUD/NZD, AUD/USD, CAD/JPY, CHF/JPY, EUR/AUD, EUR/CAD, EUR/CHF, EUR/DKK, EUR/GBP, EUR/JPY, EUR/NOK, EUR/NZD, EUR/SEK, EUR/USD, GBP/CHF, GBP/JPY, GBP/USD, NZD/JPY, NZD/USD, USD/CAD, USD/CHF, USD/DKK, USD/HKD, USD/JPY, USD/MXN, USD/NOK, USD/SEK, USD/TRY, USD/ZAR)
Base Currencies: 1
(USD)
Introductory Offer
On Application
Setup Costs and Duration
Duration approximately 3-5 days. The client applies for an account online, the pre-filled application is then sent out by e-mail by the designated account executive. The client add, amends or removes applicable information, prints, signs and returns the application to NordMarkets along with required identification documents.
Funding Methods and Costs
Bank wire or Credit/Debit Card. No charges for normal deposit/withdrawal. NordMarkets will charge if withdrawals become very frequent.
Additional Services
1. Scalping, Hedging are allowed, NordMarkets do not interfere in their clients trading strategies.
2. Global Payments
3. Managed accounts
4. Institutional service; IB/WL, providing liquidity and/or technology solutions and tailored setup for all customers.
 
Accounts Types to choose from:
1. NordMini: Spread 1.5 – 5 pips
2. NordTrading: Spread0.7 – 4 pips
3. NordInterbank: Spread as low as 0.3 (raw interbank pricing)
CFD Trading: NoSpread Betting: No
Futures Trading: NoShare Dealing: No
Mini Account
Trade with NordMarkets Mini Account.
Account Size (Min): $1,000Account Size (Max): Unlimited
Trade Per Position (Min): $10,000
Demo Account
Trade with NordMarkets Unlimited Demo Account.
Open Demo Account:
Software Information
Platform: MetaTrader4, FXDeskPro, FXDeskMini
Intuitive and very user friendly platforms. Choose from 3 platforms.
Software Requirements
Operating Systems: MAC, Windows, Vista supported. Software: Java
Training Facilities
Demo Account, online training documentation, Live chat Support
24 Hour Trading: YesLive Chat Support: No
Live Stream Quotes: YesFree Phone Support: Yes
Mobile Trading: NoMobile Alerts: No
Automated Trading: YesAPI Access: Yes
        
REVIEWS
NordMarkets Forex Trading (Which Way To Pay - 29/4/2009)
NordMarkets Forex Trading is ranked 4 out of 5. Based on 1 review.

4 Star Rating

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