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/10

nrdx

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

https://www.nrdx.com

Website

Rating Index

Influence

Influence

E

Influence Index NO.1

Germany Germany 2.50
Surpassed 21.10% brokers
Business Region Search Statistics Ad Campaigns Social Media Index

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
Business Region
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
    --
    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

What regulatory licenses does nrdx hold?

The broker's primary regulatory claim involves a Financial Sector Conduct Authority (FSCA) derivatives trading license for its holding company, AMGE (PTY) LTD, in South Africa; however, this license status is currently unverified. The entity itself, Heritage Limited, is registered in the Comoros, a jurisdiction not recognized for mainstream forex regulatory oversight.

04-02
United States

Is nrdx suitable for forex trading beginners?

Trading forex and CFDs involves a high degree of complexity and market risk. Whether you choose nrdx or another trading platform, we strongly recommend that beginners thoroughly study forex basics before investing real funds. It is also highly advisable to practice with a demo account first to familiarize yourself with the platform's operations and market volatility.

04-02
United States

What essential information should I know before trading with nrdx?

Before opening a live account, it is recommended to comprehensively understand the platform's regulatory status, deposit and withdrawal policies, spread costs, and overnight fees (swaps). Additionally, you can consult WikiFX to review the broker's latest score and user feedback to help you make a more informed investment decision.

04-02
United States

How should I compare different forex brokers to find the best one?

To compare different brokers, investors can make comprehensive judgments from multiple dimensions such as regulatory qualifications, overall ratings, trading environment, account conditions, and user feedback. In general, priority should be given to regulatory status and license information, followed by WikiFX ratings and various indexes (such as risk control, software, and business indexes). At the same time, trading conditions (such as spreads and execution speed) and account information (such as minimum deposit and account types) should also be compared. In addition, user reviews, exposure records, and risk assessment information can also be considered to evaluate broker safety and trading experience from multiple aspects. The WikiFX platform also provides multi-dimensional broker comparison tools. Users can select different brokers for visual comparison and comprehensive analysis, so as to make decisions more efficiently.

04-02
United States

Can I recover my funds if I have been scammed by a broker?

Recovering funds after investment fraud can be difficult, but taking timely action may still help recover part of the losses. It is recommended to take the following actions immediately: keep trading records, chat records, and other evidence; contact the bank to try to stop or freeze the payment; report the case to local law enforcement agencies. In addition, investors can also use WikiFX complaint and exposure channels to increase the visibility of problematic platforms and improve the efficiency of rights protection.

04-02
United States

How can I identify a scam or fraudulent forex broker?

A broker can be evaluated as a potential scam platform by considering multiple factors such as regulatory qualifications, user complaints, fund security, and platform data. In general, brokers without valid regulation, those that frequently have withdrawal problems, those with a large number of user complaints, or those providing false information usually carry higher risks. You can check the broker's regulatory status, overall rating, exposure records, and user reviews on the WikiFX platform, and make judgments based on multi-dimensional data to effectively identify and avoid scam platform risks.

04-02
United States

What does it mean if a broker holds multiple regulatory licenses?

If a broker holds multiple regulatory licenses, it usually means that it operates in multiple countries or regions and needs to comply with the requirements of different regulatory authorities. Its overall credibility is generally higher. However, it should be noted that regulatory strength differs between licenses. Some offshore regulations have weaker restrictions, so safety should not be judged only by the number of licenses. It is recommended to focus on whether the broker holds licenses from major regulators such as FCA or ASIC, and evaluate its regulatory status, historical records, and overall rating together. You can also check all regulatory information and performance under different regulators on the WikiFX platform to more comprehensively assess its actual risk level.

04-02
United States

What is a clone broker website?

A cloned broker website refers to a fraudulent website that imitates the information of a legitimate broker. Such websites usually copy the real company's brand name, page design, and even regulatory information to mislead investors into making deposits. Common features include: a domain name highly similar to the official website (such as slight spelling differences), abnormal or unverifiable contact information, and promises of unusually high returns. Once funds enter such platforms, they are usually difficult to recover. Investors can identify potential risks by checking the official domain name, verifying regulatory information, and using WikiFX for cross-verification.

04-02
United States
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※ WikiFX compiles data from publicly available sources and user contributions. While we endeavor to maintain its accuracy, we do not warrant the information's completeness, accuracy, or timeliness, as it may become outdated. Investors are strongly advised to verify critical details with official sources before making any decisions.
You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
consumer hotline:006531290538
Official Email:support@wikifx.com;
Mobile Phone Number:234 706 777 7762;61 449895363
Telegram:+60 103342306
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