NordFX
speedtrader
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Overview
NordFX was founded in 2008 and is headquartered in Mauritius, while speedtrader was established in 2017 and is based in Netherlands. NordFX holds licences including VFSC (15008), while speedtrader is regulated by Financial Conduct Authority (FCA) among others. NordFX serves 10,000+ clients worldwide; speedtrader has 3,500,000+. The minimum deposit is $10 at NordFX and $250 at speedtrader.
| Feature | NordFX | speedtrader |
|---|---|---|
| Min. Deposit | $10 | $250 |
| Regulation | VFSC (15008) | Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F308 |
| Founded | 2008 | 2017 |
| Country | Mauritius | Netherlands |
| Clients | 10,000+ | 3,500,000+ |
Fees
Fees are a critical factor when choosing between NordFX and speedtrader, directly affecting your bottom line as a trader. NordFX has a lower barrier to entry with a minimum deposit of $10 (vs $250 at speedtrader). Neither broker charges withdrawal fees. NordFX applies inactivity fees on dormant accounts; speedtrader does not. speedtrader charges deposit fees; NordFX does not. Overall, NordFX scores higher on fees in our assessment.
| Feature | NordFX | speedtrader |
|---|---|---|
| Min. Deposit | $10 | $250 |
| Withdrawal Fees | No | No |
| Inactivity Fees | Yes | No |
| Deposit Fees | No | Yes |
| CFD Fees | No | Yes |
Platforms
NordFX offers MT4, MT5, while speedtrader supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Both brokers support copy or social trading, catering to less hands-on investors. speedtrader edges ahead on platform breadth and functionality in our scoring.
| Feature | NordFX | speedtrader |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | No | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | MT4, MT5, Tablet & Mobile apps | MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how NordFX and speedtrader compare. speedtrader runs regular live webinars; NordFX does not. Both provide video tutorials, including advanced content. speedtrader publishes daily market commentary; NordFX does not. speedtrader integrates third-party research tools (Trading Central, Autochartist); NordFX does not. speedtrader maintains an archive of past webinars for on-demand viewing. speedtrader scores higher overall in education and research.
| Feature | NordFX | speedtrader |
|---|---|---|
| Forex Education | Yes | Yes |
| CFD Education | Yes | Yes |
| Weekly Webinars | No | Yes |
| Daily Commentary | No | Yes |
| Trading Central | No | Yes |
| Autochartist | No | Yes |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. NordFX accepts 4 of the tracked payment methods (bank transfer, credit/debit card, Skrill, Neteller), while speedtrader supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). speedtrader uniquely supports PayPal among the two brokers. speedtrader scores higher on deposit and withdrawal flexibility.
| Feature | NordFX | speedtrader |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | Yes |
| Skrill | Yes | Yes |
| Neteller | Yes | Yes |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both NordFX and speedtrader offer live chat support. Both provide phone support. Email support is available at both brokers. NordFX supports 13 languages and speedtrader supports 8, giving NordFX broader global reach. Both brokers are comparable on support quality.
| Feature | NordFX | speedtrader |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, Spanish, Russian, Chinese, Arabic, Hindi, Bengali, Farsi, Indonesian, Thai, Sinhalese, Vietnamese, Malay | English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic |