Independent broker researchIssue 020Vol. IV
020Vol. IVMay 19, 2026
— independent broker research —
Broker reviewLast reviewed · 14 April 2026

NSFX review

Discover NSFX, a Malta-based Forex and CFD broker, offering competitive trading conditions and robust platforms for both retail and institutional clients.

ByEthan JamesEdited by InvestorTrip Editorial teamLast reviewed April 14, 2026
About the broker

Overview

NSFX is a Malta-based online Forex and CFD broker, offering trading services in a variety of financial instruments. The firm has established itself as a reliable broker for both retail and institutional clients, providing access to global markets with competitive trading conditions.

NSFX operates under the regulation of the Malta Financial Services Authority (MFSA), which is a tier-2 regulatory body, offering a degree of security for traders. While MFSA regulation is generally considered less stringent than top-tier regulators like the UK's FCA or the US' CFTC, it still ensures that NSFX adheres to basic compliance and reporting standards. The company focuses on providing traders with cutting-edge trading technology, a wide range of assets, and strong customer support, making it an attractive choice for both beginner and advanced traders.

Founded
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Quick scan

Strengths and watchouts

Strengths
  • Consistently rapid trade execution
  • Works with partners to provide deep liquidity
  • Strong research and education platforms
  • Competitive fees
  • Advanced trading platforms
Watchouts
  • Does not offer cryptocurrency trading
  • Does not accept US clients
  • The broker is not regulated by the UK’s Financial Conduct Authority (FCA) or any other tier-1 regulator
  • Some product information can be confused with NSFX Affiliates
Tier-1 register checks

Safety and regulation

NSFX adheres to robust security standards to ensure the safety of client funds and personal information. The broker is regulated by the Malta Financial Services Authority (MFSA), which ensures that it follows appropriate risk management protocols, including segregation of client funds in separate accounts. Furthermore, NSFX employs SSL encryption on its trading platforms to protect sensitive data during transactions. While MFSA regulation provides some level of security, it’s worth noting that it’s not as rigorous as oversight from top-tier regulators like the UK's Financial Conduct Authority (FCA).

Regulators on file
  • MFSA
  • MIFID
  • FCA
  • BaFin
  • AMF
  • CONSOB
Risk warning

Between 70% and 85% of retail investor accounts lose money when trading CFDs with most regulated providers — the exact figure for any specific broker is published on that broker's own website. Consider whether you understand how these instruments work and whether you can afford the high risk of losing your money.

What you can trade

Markets available

  • Forex
  • Commodities
  • Indices
  • Stocks
  • Cryptocurrencies
  • ETFs
Min deposit and structure

Account types

AccountMin depositCommissionLeverage
Fixed$01.01:1 to 1:50
ECN$01.01:1 to 1:50
JForex$01.01:1 to 1:50
What you pay

Fees and costs

NSFX’s pricing structure is generally competitive, though fees may vary depending on the account type and trading volume:

Where you trade

Trading platforms

  • MetaTrader 4 (MT4)

    The most popular trading platform globally, MT4 offers advanced charting, technical analysis tools, and automated trading via Expert Advisors (EAs). Traders can access all of NSFX's instruments and execute trades with minimal slippage.

    desktop
  • cTrader

    cTrader is an advanced trading platform that is highly regarded for its intuitive interface, advanced charting features, and one-click trading functionality. cTrader is particularly favored by scalpers and high-frequency traders for its speed and direct market access.

    desktop
Methodology

How we reviewed this broker

Each broker review documents the broker's claimed regulators, cross-references them against the public registers (FCA, CySEC, ASIC, FSCA, BCC and others), and notes any divergence. Where a regulator has issued a public advisory, the URL is cited inline so a reader can verify it directly. Tradable instruments, account types, and fees are sourced from the broker's published disclosures or documented as unavailable. The full scoring methodology is public.

Read the full methodology →
From readers

Frequently asked questions

Is NSFX regulated?
Yes, NSFX is regulated by the Malta Financial Services Authority (MFSA), which provides a level of oversight and protection for traders.
What trading platforms does NSFX offer?
NSFX offers two advanced trading platforms: MetaTrader 4 (MT4) and cTrader, both known for their robust features and user-friendly interfaces.
What is the minimum deposit to open an account with NSFX?
The minimum deposit for the Standard account is typically $200, but this amount may vary based on the region and account type.
What is the maximum leverage available?
NSFX offers leverage of up to 1:500 on certain accounts, though leverage limits may depend on the specific financial instrument and regulatory requirements.
Are there any withdrawal fees?
While NSFX does not charge fees for deposits, withdrawal fees may apply depending on the payment method used, especially for bank wire transfers.
What users say

Reader reviews

Marco

Jan 8, 2025

I received a call from this trading platform encouraging me to invest with them. Initially, they claimed to be based in Cyprus, but later switched their story to Malta. They boasted about having a license, yet upon closer inspection, it turned out to be Maltese, not Italian. This means that if anything goes wrong, I'd have to hire a lawyer to chase them around the globe, potentially ending up with nothing and a lighter wallet. Despite expressing my complete lack of interest multiple times, the representative became rude and even laughed at me! Since then, they've persistently called me, reaching out as many as 15 times in a single day, often from unreachable numbers with silent calls. They frequently change their numbers, but it's always the same people. If this is their idea of professionalism, I wouldn't trust them to handle even my daughter's Monopoly game.

Simone Biagi

Dec 20, 2024

Potential Scam Alert: They provide a CONSOB code for a company based in Malta, but then they ask you to deposit funds into a different company located in Cyprus.

Theo Markins

Nov 22, 2024

Oh my gosh, I have to tell you about my experience with AVAST MARKETS! It's been such a game-changer for me. I started with just a tiny amount, honestly, I was a bit skeptical at first. But wow, the profits started rolling in faster than I expected! It felt like I had finally found a platform that actually worked for me. And the customer service? Absolutely top-notch. They were so helpful and patient, answering all my questions and making me feel supported every step of the way. I genuinely can't recommend them enough!

Reviewed by the InvestorTrip Editorial team · Last updated 14 April 2026

Broker data documented from public sources: regulator registers (FCA, CySEC, ASIC, FSCA, BCC and others), the broker's own website, and IOSCO I-SCAN warnings where applicable. Information can change — verify current terms directly with the broker before depositing.