Operating from the Marshall Islands, NelsonFX is an online financial services provider that operates that STP execution model, which offers seamless access to the interbank markets. They provide traders with the MT4 platform for trading various financial markets, including commodities, indices, stocks, and more. The broker’s clients are provided with educational resources, helpful trading tools, and client support. The minimum deposit required to start trading is $100.
NelsonFX Review Introduction
In this NelsonFX review, we will take a look at some of the most important factors worth considering when choosing a forex broker for your online trading needs. This includes trading platforms, trading tools, research and education, account funding options, customer support, and broker regulation.
You may also wish to view my best forex brokers based on countless hours that I have spent researching and testing hundreds of brokers, all of which you can see in my forex broker reviews. You can also use my free trading tool to compare forex brokers, including NelsonFX.
NelsonFX Platforms & Tools
NelsonFX allows clients to carry out all their trading activities using the MT4 trading platform. This advanced trading platform was launched in 2005 to enable users to easily trade the global financial markets. Since its launch in 2005, the MT4 trading platform has grown to become the choicest trading platform among forex and CFD traders. The platform features a plethora of helpful trading tools — charts, expert advisors, one-click trading, and more — to give traders an enhanced trading experience. The MT4 trading platform is available in desktop, web, and mobile versions. The mobile app is best suited for traders who wish to place trades and check their trading positions even while on the move as long as there is an internet connection.
In addition to the in-built tools of the MT4 trading platform, traders are provided with some standalone trading tools, including some statistical tables that show rollover costs, commission, dividends, and public holidays.
NelsonFX Research & Education
An FAQ section is available on the broker’s website to answer some of the clients’ most common questions.
NelsonFX Trading Accounts
The broker offers two live trading accounts and a demo account. The live accounts — Live and Live Premium accounts — require a minimum deposit of $100 to start trading, while the demo account is available for practice purposes. Even expert traders can use the demo account to test run their trading strategies before implementing them on a live account.
NelsonFX Account Funding
The broker’s traders can deposit and withdraw funds to and from their trading accounts using bank wire transfers and credit/debit cards, such as Visa, MasterCard, and Maestro.
Some payment methods may not be available in specific. The time taken to process transactions may vary depending on the payment method in use.
NelsonFX Customer Service
Traders can contact the broker’s client support team through any of the following channels: telephone, email, and an online contact form. The support team is always available to respond to all trading inquiries and assistance that traders may need.
NelsonFX is a registered brand of Glastrox Trade Ltd. Glastrox Trade Ltd., a licensed investment firm regulated by the Marshall Islands Business Corporation Act with authorization number 91438.
NelsonFX Review Summary
Overall, NelsonFX is an online financial services provider that was introduced in2014. They allow traders to buy and sell multiple financial markets using the MT4 trading platform, which is available in desktop, web, and mobile versions. In addition, there are various learning and trading tools available to assist traders. The minimum deposit is $100, and leverage of up to 1:500 is available.
It is worth mentioning that some of the trading products and services in this NelsonFX review may differ or not be available to traders in some countries due to regulations. As brokers’ terms can change over time, please verify all information is up to date directly from the NelsonFX broker website, which you can visit by using the link below.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. A large percentage of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.