Based in Malta and operating since 2012, NSFX has become a well-respected forex broker in the trading community. The security they provide is probably the most important reason for that because this broker is regulated by five different regulatory bodies. However, there are many other features worth mentioning here, such as multiple trading platforms, immediate executions, interbank liquidity and so on. In order to use all these interesting things, one must first open an account with the broker and this is where we come in. We will tell you everything you need to know about NSFX account types, so that you can make the best possible decision. Read on and learn exactly what these accounts have to offer.
NSFX Account Types | Standard
Standard is the most basic one of the three available NSFX account types. Available only on MetaTrader 4, one of NSFX Trading Platforms, you can open one of these with a minimum deposit of only $300. Minimum trade is 0.01 Lot, with the highest leverage available standing at 1:200. Execution is instant, while the spreads are fixed and there are no commissions on trades. Just as with all other accounts, USD, EUR and GBP are your currency options, so choose carefully. In any case, if you’re still a beginner, this is the account for you.
NSFX Account Types | Professional
Professional accounts take things up a notch in comparison with their Standard counterparts. Your initial deposit here has to be at least $3000, while the minimum trade is set to 0.1 Lot. Maximum leverage goes up to 1:100, and the spreads are variable in this case. You can also count on some commissions here, $40 per million per side, to be exact. When it comes to execution, no dealing desk is involved, as this is an ECN account. If you’re a bit more experienced trader, this might be the right account for you.
NSFX Account Types | VIP
Finally, there is the VIP Account, the most prestigious of all NSFX account types. Minimum deposit is set to $50,000 and you get a dedicated personal account manager, but everything else is very flexible. That’s the biggest advantage of these elite accounts – you can request just about anything from your broker. From your minimum trade to your maximum leverage, from your margins call to trading commissions, everything can be negotiated. If you’re a professional, you’ll know to appreciate this fact, but if you want more information before you make your choice, go read our NSFX Review.
NSFX Account Types | Conclusion
So there you have it, these are your available NSFX account types. Keep in mind that there are many more features they have to offer, as we have only mentioned their differences here. And if you feel you won’t be able to handle all these features right away, don’t worry – just open a Practice Account and test everything out before you start trading for real. As you can see, NSFX account types have something for everyone, so sign up with this broker, open one of them and start enjoying your trades right away.