Blitzbrokers
NordFX
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Overview
Blitzbrokers was founded in 1982 and is headquartered in Hong Kong, while NordFX was established in 2008 and is based in Mauritius. Blitzbrokers holds licences including Securities and Futures Commission (SFC), while NordFX is regulated by VFSC (15008) among others. Blitzbrokers serves 10,000+ clients worldwide; NordFX has 10,000+. The minimum deposit is $1 at Blitzbrokers and $10 at NordFX.
| Feature | Blitzbrokers | NordFX |
|---|---|---|
| Min. Deposit | $1 | $10 |
| Regulation | Securities and Futures Commission (SFC) | VFSC (15008) |
| Founded | 1982 | 2008 |
| Country | Hong Kong | Mauritius |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Blitzbrokers and NordFX, directly affecting your bottom line as a trader. Blitzbrokers has a lower barrier to entry with a minimum deposit of $1 (vs $10 at NordFX). Neither broker charges withdrawal fees. NordFX applies inactivity fees on dormant accounts; Blitzbrokers does not. The two brokers are broadly comparable on fee structure.
| Feature | Blitzbrokers | NordFX |
|---|---|---|
| Min. Deposit | $1 | $10 |
| Withdrawal Fees | No | No |
| Inactivity Fees | No | Yes |
| Deposit Fees | No | No |
| CFD Fees | No | No |
Platforms
Blitzbrokers offers MT5, cTrader, while NordFX supports MT4, MT5. Both brokers provide mobile trading apps for iOS and Android. Both brokers support copy or social trading, catering to less hands-on investors. NordFX edges ahead on platform breadth and functionality in our scoring.
| Feature | Blitzbrokers | NordFX |
|---|---|---|
| MT4 | No | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | No |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | Desktop,WEB,Android | MT4, MT5, Tablet & Mobile apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Blitzbrokers and NordFX compare. Both provide video tutorials. Blitzbrokers integrates third-party research tools (Autochartist); NordFX does not. NordFX scores higher overall in education and research.
| Feature | Blitzbrokers | NordFX |
|---|---|---|
| Forex Education | Yes | Yes |
| CFD Education | No | Yes |
| Weekly Webinars | No | No |
| Daily Commentary | No | No |
| Trading Central | No | No |
| Autochartist | Yes | No |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Blitzbrokers accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while NordFX supports 4 (bank transfer, credit/debit card, Skrill, Neteller). NordFX uniquely supports Skrill and Neteller among the two brokers. NordFX scores higher on deposit and withdrawal flexibility.
| Feature | Blitzbrokers | NordFX |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | No |
| Skrill | No | Yes |
| Neteller | No | Yes |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both Blitzbrokers and NordFX offer live chat support. Both provide phone support. Email support is available at both brokers. Blitzbrokers supports 2 languages and NordFX supports 13, giving NordFX broader global reach. Both brokers are comparable on support quality.
| Feature | Blitzbrokers | NordFX |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, Spanish, Russian, Chinese, Arabic, Hindi, Bengali, Farsi, Indonesian, Thai, Sinhalese, Vietnamese, Malay |