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0 1 2 3 4 5 6 7 8 9
0 1 2 3 4 5 6 7 8 9
/10

nrdx

Comoros Comoros | 2-5 years |
Questionable Regulatory License | Suspicious Operational Region | High Potential Risk

https://www.nrdx.com

Website

Rating Index

Regulation 2.69 Tech 4.47 Reputation 4.13 Business 5.44 Risk Control 2.13 / 0.72
1.78

Contact

https://www.nrdx.com
Bonovo Road, Fomboni, Island of Mohéli, Comoros Union

license Forex License

risk

No forex trading license found. Please be aware of the risks.

Warning: Low score, please stay away!
  • This broker lacks valid forex regulation. Please be aware of the risk!
3

Basic Information

Registered Region
Comoros
Operating Period
2-5 years
Company Name
Heritage Limited
Email
support@nrdx.com
Company Website
Address
Bonovo Road, Fomboni, Island of Mohéli, Comoros Union
Account Info
Verified Site
About Us
Wiki Q&A
Comment

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Official Website

Verified Site

  • nrdx.com
    104.18.12.172
    Server Location
    United States United States
    ICP Registration No.
    --
    Top Visitor Locations
    --
    Creation Date
    --
    Website Name
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    Company
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Company Profile

Company Profile

Review summary

NRDX Review Summary
Founded1995
Registered Country/RegionSouth Africa
RegulationFSCA (Suspicious Clone)
Market InstrumentsStocks, forex, and CFDs
Demo Account
LeverageUp to 1:500
Spread/
Trading PlatformsNRDX platform, MT5
Minimum Deposit$1
Customer SupportContact form, live chat (24/7)
Phone: +357 22278304
Email: support@nrdx.com
Address: Office 202 2nd Floor Ingenuity Park, 3 Nandi Mthembu Drive, Ballito, 4420, South Africa
Twitter, Facebook, LinkedIn, TikTok, Instagram, YouTube

NRDX, founded in 1995 and registered in South Africa, is a broker offering stocks, forex, and CFD trading with a $1 min deposit and a demo account for testing. It provides the MT5 platform and its own NRDX platform. However, a major red flag exists: NRDX holds a “suspicious clone” license with South Africas FSCA.

NRDX's homepage

Pros and Cons

Pros Cons
MT5 platformSuspicious clone FSCA license
Diverse account typesHigh leverage risks
Multiple customer support channelsLimited info on fees
Low minimum deposit
Demo accounts available

Is NRDX Legit?

At present, NRDX holds a suspicious clone Financial Service Corporatelicense from the Financial Sector Conduct Authority (FSCA). Please pay high attention to the safety of your funds if you choose this broker.

Regulated CountryRegulated AuthorityRegulated EntityCurrent StatusLicense TypeLicense Number
South Africa
The Financial Sector Conduct Authority (FSCA)NRDX (PTY) LTDSuspicious CloneFinancial Service Corporate49648
Suspicious Clone FSCA license

What Can I Trade on NRDX?

On NRDX, you can trade with stocks, forex, and CFDs.

Tradable Instruments Supported
Forex
CFDs
Stocks
Bonds
Options
ETFs
Mutual Funds
What Can I Trade on NRDX?
What Can I Trade on NRDX?

Account Type

For Real Stocks, the minimum deposit is $1 for the Silver account.

Account TypeSilverGoldDiamond
Minimum Deposit$1 - 10K$10K+ - 50K$50K+
Maximum Leverage1:21:31:4
Minimum Commission per Ticket$1.75$1.50$1.25
US Stocks Commission per Share$0.01
Market Data Monthly$4.50$3.50$2.50
Overnight Leverage0.01%
Account comparison

For FX/CFDs, there are other three types of accounts also with a min deposit requirement of $1.

Account TypeStandardProZero
Minimum Deposit$1$30$1
Account comparison

Leverage

The maximum leverage is up to 1:500 for FX/CFDs. Please note that high leverage can amplify both profits and losses.

Account TypeStandardProZero
Maximum Leverage 1:5001:4001:400

Trading Platform

Trading PlatformSupported Available Devices Suitable for
MT4Windows, iOS, MAC, AndroidBeginners
MT5Windows, Linux, iOS, MAC, AndroidExperienced traders
NRDX platform//
Trading Platform

Deposit and Withdrawal

Payment MethodMinimum DepositDeposit TimeMinimum WithdrawalWithdrawal Time
Visa, Mastercard, Maestro, Diners Club, Discover, AMEX$10Instant$50Instant
Wallets
Apple Pay, Google Pay$10Instant$50Instant
Crypto
USDT$10Instant$50Instant
Wire Transfer
Bank Transfer$1003-5 business days$1003-5 business days
Deposit and Withdrawal

Company Profile

  • 2-5 years
  • Questionable Regulatory License
  • Suspicious Operational Region
  • High Potential Risk

Wiki Q&A

Is nrdx safe and reliable?

According to WikiFX assessment, nrdx holds a low overall score of 1.36 out of 10, with a regulatory index of 0.0 and no valid license from a reputable authority. The firm operates under an unverified FSCA registration and is based in the Comoros, a region known for minimal regulatory oversight. These factors indicate a high-risk profile, and traders should exercise extreme caution.

07-16
United States

Is nrdx regulated?

nrdx claims a Derivatives Trading License from South Africa's FSCA, but WikiFX data lists this license as 'Unverified.' The broker holds no valid, authoritative forex trading license, and its regulatory status is effectively unregulated.

07-16
United States

What is the minimum deposit of nrdx?

The minimum deposit required to open an account with nrdx is $10, as seen on the Zero and Standard account types. The Pro account requires a minimum deposit of $30.

07-16
United States

Does nrdx support MT4 or MT5?

The specific trading platforms offered by nrdx are not disclosed in the available information. Traders should verify platform availability directly with the broker.

07-16
United States
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