NSFX vs OvalX

Both of these regulated forex brokers have built a positive reputation, and feedback from our members supports that. That said, NSFX currently holds a stronger overall rating (4) than OvalX (1). NSFX has a higher minimum deposit than OvalX, at 500.0. Both platforms offer their clients demo accounts. NSFX offers a lower maximum leverage of 1:100, whereas OvalX allows trading with up to 1:275.
If youre unsure which of these two brokers to choose, you can always explore our full list of recommended brokers here or ask for opinions from other members in Myfxbook Community.
Overall Rating: Platform: Pricing: Customer service: Features:
4/5 (2 reviews)
4/5
3/5
5/5
4/5
1/5 (0 reviews)
1/5
1/5
1/5
1/5
Minimum deposit ($) 500.0 250.0
Commission 0.05 -
Accepting US clients?
Swap free accounts
Segregated accounts
Interest on margin
Managed accounts
Accounts for money managers (MAM, PAMM)
One click trading
API
OCO orders
Trading over the phone
Hedging allowed
Trailing stops
Mobile trading
Scalping allowed
Bonuses
Demo Accounts
Web based trading
Contests
Decimals 5 5
Minimum lot size 0.01 0.01
Maximum lot size 1000000.0 -
Spread Variable Variable
Broker type ECN STP, DMA, Prime of Prime
Maximal leverage (1:?) 100 275
Availability ECN STP, DMA, Prime of Prime
Regulation FCA (UK), BaFIN (Germany), MFSA (Malta), AMF (France), CONSOB (Italy) FCA (UK), CySEC (Cyprus), FSCA (South Africa)
Trading Platforms MetaTrader 5 (MT5) MetaTrader 4 (MT4)
Funding/Withdrawal methods Wire Transfer, Credit Card Wire Transfer, Credit Card, Debit Card
Account Currency USD, GBP, EUR, CHF, JPY, NZD GBP
Languages English, Spanish, French, German, Portuguese, Italian, Polish English
Country Malta Cyprus
Trading platform(s) timezone Malta United Kingdom
Other trading instruments Stocks, Indices, Commodities, Energies, Shares, CFDs, Cryptocurrency, Precious Metals Indices, Spread Betting
spreads
EUR/USD - -
GBP/USD - -
USD/JPY - -
USD/CAD - -
XAU/USD - -

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