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NTFX Is A Cyprus Registered Online Forex And CFD Broker. It Was Established In 2016. Its Cysec Regulatory License In Cyprus Was Verified As Cancelled, Which Means That NTFX Is Currently An Unregulated Broker.
Market Instruments
The Financial Instruments NTFX Offers Are Mainly Forex Currency Pairs And CFDs. NTFX Offers Fewer Trading Asset Classes Compared To Most Other Brokers.
Account With Leverage
It Is Understood That NTFX Offers Classic Accounts With A Minimum Initial Deposit Of $5,000. Needless To Say, It Is Too High By NTFX, As The Initial Deposit Offered By Most Regular Brokers Is Between $100 And $200. And, NTFX Offers A Maximum Leverage Of 1:500 For Eurusd And 1:20 For Cfds.
Spreads And Commissions
NTFX Classic Account Has A Minimum Spread Of 1 Point Against EUR/USD And An Average Spread Of 1.3 Points, Which Is More In Line With Industry Standards But Not Competitive.
Trading Platform
NTFX Offers Investors The Most Popular Mt4 Trading Platform Available Today. MT4 Features Advanced Technical Analysis Tools, A Flexible Trading System, Algorithmic Trading And Expert Advisors, As Well As A Mobile Trading Application That Offers Different Trading Strategies To Traders Of All Skill Sets.
Deposit And Withdrawal
NTFX Enables Traders To Deposit And Withdraw Funds In Their Accounts Via Credit Cards, Debit Cards, Neteller, Webmoney And Telegraphic Transfers.
NTFX Disadvantages
NTFX Disadvantages Include:
1. No Regulation
2. Limited Tradable Assets
3. High Minimum Initial Deposit Amount
4. Uncompetitive Spread
5. Limited Deposit And Withdrawal Options
