Home / Reviews / NordFX / Fees
NordFX fees and how they score
Cost is scored on what a trade actually costs all in, not on the headline spread. These are the figures behind NordFX's cost score.
Facts last checked . Read the full NordFX review.
What it costs to trade
- Spread from
- 0.0 pips
- EUR/USD spread
- Approx. 0.2 pips, Zero
- GBP/USD spread
- Approx. 0.4 pips, Zero
- Commission
- 0.0035% per side, Zero
- All-in cost, EUR/USD
- Approx. 0.9 pips
- Spread type
- Variable
- Overnight swap
- Both: overnight swaps may be charged or credited
- Deposit fee
- Method-dependent
- Withdrawal fee
- Method-dependent
- Currency conversion
- NordFX internal exchange rate applies
What this means
Cost is scored on what a trade actually costs all in, not on the headline spread.
A quoted spread from 0.0 pips is a raw-spread figure, which almost always means a separate commission per lot. Compare the two together - a "zero spread" account with a high commission can cost more than a wider spread with none.
Quoted spreads are best-case figures on the most liquid pair, in normal conditions. What you actually pay widens around news and at the session open.
NordFX lists a minimum deposit of $10. Treat it as the cost of opening an account, not the cost of trading one - position sizing on a small balance is what tends to cause damage.
Questions about NordFX fees
What is the EUR/USD spread at NordFX?
NordFX records an average EUR/USD spread of approx. 0.2 pips, Zero on a variable pricing model.
Does NordFX charge commission?
NordFX's commission is 0.0035% per side, Zero. A commission account usually pairs with a tighter spread, so the two have to be read together.
What does NordFX charge to hold a position overnight?
Overnight financing at NordFX is recorded as both: overnight swaps may be charged or credited.
Fees at brokers under the same regulator
- Eightcap fees also licensed by FSA (Seychelles)
- Exness fees also licensed by FSA (Seychelles)
- HF Markets fees also licensed by FSA (Seychelles)
- MultiBank Group fees also licensed by FSA (Seychelles)
- TMGM fees also licensed by FSA (Seychelles)