NTFX
Published: Updated:
- Trust score
- 2/10
- Legal simplicity
- 2/10
- Min. deposit
- 30
- Trading platforms
- Payment systems
- Instruments
- Forex, Metals, Indices, Commodities, Energies
- Legal entity
- NTFX Ltd
- Jurisdiction
- Cyprus
- Fees
- Accounts are priced through the spread or through raw spreads with a per-lot commission depending on type. Overnight swaps apply.
- Withdrawals
- Withdrawals return to the funding method and are normally processed within one to three business days.
- Available in
Features
- Trader seminars and training
- Low minimum deposit
- Affiliate program
- Wide range of trading instruments
Pros
- Regulated by CySEC.
- Standard, unremarkable trading terms.
Cons
- Small selection of account types.
NTFX is a forex broker regulated by CySEC, with a low minimum deposit of $30 and a wide range of trading instruments. Its trading terms are standard for the industry, though its account selection is limited compared to other brokers.
NTFX offers trader seminars and training, a low minimum deposit, an affiliate program, and a wide range of trading instruments.
Trading conditions
NTFX offers a conventional CFD range on MetaTrader 4 from a Cyprus base.
The site's record for this broker is thinner than for the rest of the ranking, which is itself worth noting: where public information is scarce, the ordinary checks matter more rather than less.
Status check required. Verify the entity's current authorisation on the CySEC register, and read any published decisions attached to it, before treating this as a live option. Where a broker has little public footprint, the register is the primary evidence available.
Verification
Verification requires photo ID and proof of address plus an appropriateness assessment where the account sits under a CySEC entity.
Search the CySEC register for the exact legal entity named in the client agreement before depositing. A brand with a thin public record is precisely the case where the register, rather than reputation, has to carry the assessment.
