NordMarkets

Nord Global AB

NordMarkets - Forex Broker

Broker nameNordMarkets
Company nameNord Global AB
Online since2007-01-01
Site urlhttp://www.nordmarkets.com
CountrySweden
Minimum account size500.00
Minimum account size currencyUSD
Minimum position size0.100000
Maximum leverage200
Maximum leverage description1:50 and 1:200
Spread levelmedium
Spread descriptionEUR/USD spread: 1.3-1.9 pips (STP) or 0.3-0.9 pips + commission (ECN)
Is regulatedYES
Regulation descriptionRegistered with the Swedish FSA (Finansinspektionen)
Easy registrationNO
Votes count57
Rating3.10
Email

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Advantages

  • MetaTrader 4 support.
  • ECN broker.
  • Muslim accounts are available.
  • Very low spreads for big accounts.

Disadvantages

  • Opening an account is a complicated process.

Payments

  • Bank wire
  • Credit cards
  • MoneyBookers

Categories

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One Review

  1. Antonio:

    NORDMARKETS awful!

    Hello, traders! I can ensure you that this is the worst broker I have ever traded with. In total I have been trading for two years now. They try to convince that they are ECN, but they adjust their spreads as they want. There is not respect to TP or Buy limit orders. I have had lots of problems with their platform stopping working for hours. Because of this I have suffered from huge losses. You can have simply problems to close your trade. They do many requotes. There is not chance to contact them at night as nobody there regardless of whether you are contacting them by phone, email or Skype. They only reply that you can get from them in the morning is to close your trade manually. But what is the point, if you have already lost plenty of money? They will not take any responsibility for the issues with their platform causing your lots of money. And this is not the worst, as they money from your account can just disappear without been traded. You cannot see it in the statement. If you possess an updated statement and cannot prove they your money has been stolen from your account, do not give it back. If you have an updated statement and you are able to show that your money has been have stolen, give it back. Unbelievable!
    The mentioned above things happened to our group of 28 traders. We can prove everything we wrote.

    We also keep in touch with many other traders who have suffered from such tricks. We are going to mail a complaint about them to the Swedish FI. We are also going to defame them through the Swedish media.

    If you do not want you money to be stolen, I really suggest you to find some reliable broker and stick with it. Do not let them to steal your money.

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