Broker NordFX Offers Unique Terms for Transactions with Crypto Currencies

Having been successful in gaining hold of the crypto currency market, the broker company NordFX continues to expand the range of services it offers in this field.

The opportunity to trade highly volatile crypto-currencies on the world’s most widely used MetaTrader 4 platform has immediately become popular with NordFX clients, using a host of technical analysis tools: there are six crypto currency pairs (BTCUSD, LTCUSD, ETHUSD, DSHUSD, XRPUSD and BCHUSD) that are among this company’s trading instruments.

In addition, starting from mid-March 2018, the company’s clients can also deposit and withdraw funds from their trading accounts in Ethereum (ETH), along with USD and Bitcoin.

NordFX provides its clients with a unique maximum leverage ratio of 1:1000 for all trading instruments (33 currency pairs, gold, silver and 6 major crypto-currencies), which allows traders to make a substantial profit even with relatively small deposits. Thus, if you take the average quotes of March 2018, the client only needs $100 in their account to buy 10 Bitcoins, 100 Ethereums, 500 Litecoins or 100,000 Ripples.

At the same time, traders can profit not only on the growth, but also on the fall of the value of the crypto currency – something that is crucial in light of extreme market volatility. This makes transactions with a broker fundamentally different to transactions on crypto-exchanges, where earnings are only possible if the acquired asset grows.   

It should also be noted that to this day, NordFX has not encountered a single case of hacking, in contrast to crypto-exchanges, where hacking of clients’ wallets is fairly frequent. This is primarily due to the fact that over the years – NordFX has been in the market for a whole decade – the broker has acquired considerable experience in blocking off hacker attacks using the most innovative and reliable software.

The reliability and stability of NordFX work is also evidenced by the fact that, since 2008, over 1,200,000 accounts have been opened in the company by clients from more than 100 countries, and the company itself has been awarded over 30 prestigious professional prizes and awards, such as:

– Most Reliable Broker 2016 (The Forex Awards)

– Most Reliable Broker 2017 (ShowFX World)

– Best Crypto Broker Asia 2017 (Forex Awards Ratings)

– The Best Broker to Work with Cryptocurrencies 2017 (IAFT Awards)

as well as many others, confirming the recognition and credibility of the company among both clients and colleagues in the financial industry.

Read this next

Digital Assets

US, UK probe $20 billion Tether transfers tied to Russian exchange.

U.S. and UK authorities are investigating the movement of $20 billion in the USD-pegged stablecoin tether (USDT) through Moscow-based exchange Garantex.

Digital Assets

BlockDAG Presale Raises $9.9M as Batch 5 Nears Sell-Out Amid Bonk’s Fluctuating Trading Volume & Spell’s Bullish Price

Explore BONK’s trading volume, SPELL’s market shifts, and why BlockDAG’s 10,000 ROI makes it an ideal crypto for savvy investors in 2024.

Digital Assets

Bybit expands into Europe amid regulatory scrutiny

Dubai-based cryptocurrency exchange Bybit is expanding its operations in Europe after encountering regulatory challenges in Hong Kong.

Digital Assets

Cathie Wood’s sponsored Bitcoin ETF sees historic $200 million inflows

The ARK 21Shares Bitcoin ETF (ARKB), co-sponsored by Cathie Wood’s ARK Invest, registered historic inflows exceeding $200 million on Wednesday, signaling a robust appetite among investors for Bitcoin-centric investments.

Digital Assets

Sam Bankman-Fried might see his 25-year sentence halved

Sam Bankman-Fried, the founder of the failed cryptocurrency exchange FTX, was sentenced to 25 years in federal prison by a Manhattan court on Thursday. This comes after he was convicted of defrauding customers and investors, with Judge Lewis Kaplan highlighting the potential future risks posed by Bankman-Fried.

Technical Analysis

EURJPY Technical Analysis Report 28 March, 2024

EURJPY currency pair under the bearish pressure after the pair reversed down from the major resistance level 164.25, which also stopped the sharp weekly uptrend at the end of last year,

Digital Assets

BlockDAG’s Presale Hits $9.9M, MultiversX & MINA Price Predictions Show Green

Read about BlockDAG’s promising $10 prediction and insights on MultiversX Price Prediction as MINA’s potential unfolds.

Digital Assets

Rockstar Co-Founder and All-star Line Up Join Advisory Board to Take Metacade into Post Beta Orbit

Metacade, the revolutionary Web3 gaming platform, prepares to streak out of beta with a slew of ground-breaking initiatives that will redefine the way blockchain games are developed.

Retail FX

Prop firm The Funded Trader shuts down, claims relaunch in April

Prop trading firm The Funded Trader has ceased all operations, with claims for a relaunch in the near future.

<