From October 7th NordFx will be changing trading terms.
October 7, 2013
Dear customers! From October 7th NordFx will be changing some of our trading terms.
1) Micro and Welcome! accounts will have changes in the size of fixed spreads:
Currency Pair
Before
After
EURGBP
4
3
CHFJPY
4
3
AUDCAD
7
5
EURCAD
8
6
GBPCAD
10
8
NZDJPY
8
6
2) Due to the extremely low demand on standard accounts (and, where applicable, MT-ECN) we stop supporting the following currency pairs USDSGD, AUDSGD, NZDSGD, USDHKD, SEKJPY, USDMXN, USDDKK, CHFNOK, CHFSEK. From October 7th, they will be available on-Close Only terms, and before the closing of the market on October 11th all the remaining positions will be manually closed at market price. This will help reduce the load on our servers and focus technical resources on those currency pairs that are actually demanded by our customers.
3) The commission for MT-ECN accounts will be reduced from $7 to $5 for 1 lot (from $5 to $3.5 on a turnover in the account above 900 lots per month)
Forex trading can involve the risk of loss beyond your initial deposit. It is not suitable for all investors and you should make sure you understand the risks involved, seeking independent advice if necessary. Risk Warning. Privacy Policy.Registration Agreement.