FXNet
NordFX
BrokerDataNet earns affiliate commission from brokers listed on this site. This does not affect our ratings or editorial independence.
Overview
FXNet was founded in 2012 and is headquartered in Cyprus, while NordFX was established in 2008 and is based in Mauritius. FXNet holds licences including Financial Conduct Authority (FCA), while NordFX is regulated by VFSC (15008) among others. FXNet serves 10,000+ clients worldwide; NordFX has 10,000+. The minimum deposit is $50 at FXNet and $10 at NordFX.
| Feature | FXNet | NordFX |
|---|---|---|
| Min. Deposit | $50 | $10 |
| Regulation | Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC) | VFSC (15008) |
| Founded | 2012 | 2008 |
| Country | Cyprus | Mauritius |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between FXNet and NordFX, directly affecting your bottom line as a trader. NordFX has a lower barrier to entry with a minimum deposit of $10 (vs $50 at FXNet). Neither broker charges withdrawal fees. NordFX applies inactivity fees on dormant accounts; FXNet does not. The two brokers are broadly comparable on fee structure.
| Feature | FXNet | NordFX |
|---|---|---|
| Min. Deposit | $50 | $10 |
| Withdrawal Fees | No | No |
| Inactivity Fees | No | Yes |
| Deposit Fees | No | No |
| CFD Fees | No | No |
Platforms
FXNet offers MT4, 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. FXNet edges ahead on platform breadth and functionality in our scoring.
| Feature | FXNet | NordFX |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | No |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | MT4, Web Trader, Tablet & Mobile apps | MT4, MT5, Tablet & Mobile apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how FXNet and NordFX compare. FXNet runs regular live webinars; NordFX does not. Both provide video tutorials, including advanced content. FXNet publishes daily market commentary; NordFX does not. FXNet integrates third-party research tools (Trading Central, Autochartist); NordFX does not. FXNet maintains an archive of past webinars for on-demand viewing. FXNet scores higher overall in education and research.
| Feature | FXNet | NordFX |
|---|---|---|
| Forex Education | Yes | Yes |
| CFD Education | Yes | Yes |
| Weekly Webinars | Yes | No |
| Daily Commentary | Yes | No |
| Trading Central | Yes | No |
| Autochartist | Yes | No |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. FXNet 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 | FXNet | 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 FXNet and NordFX offer live chat support. Both provide phone support. Email support is available at both brokers. FXNet supports 2 languages and NordFX supports 13, giving NordFX broader global reach. Both brokers are comparable on support quality.
| Feature | FXNet | 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 |