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Home -
Broker -
NRDX -

Score

0 1 2 3 4 5 6 7 8 9
.
0 1 2 3 4 5 6 7 8 9
0 1 2 3 4 5 6 7 8 9
/10

NRDX

South Africa | 1-2 years |
Regulated in South Africa | Financial Service Corporate | MT5 Full License | Regional Brokers | Suspicious Overrun | Medium potential risk

https://www.nrdx.com

Website
Time Machine

Rating Index

MT4/5 Identification

MT4/5

Full License

NRDX-live

Ireland
MT5
5

Influence

C

Influence index NO.1

Cyprus 2.80

MT4/5 Identification

MT4/5 Identification

Full License

5
Server Name
NRDX-live MT5
Server Location Ireland

Influence

Influence

C

Influence index NO.1

Cyprus 2.80
Surpassed 40.10% brokers
Biz Area Search Statistics Advertising Social Media Index

Contact

+357 25775500
support@nrdx.com
https://www.nrdx.com
Office 202 2nd Floor Ingenuity Park, 3 Nandi Mthembu Drive, Ballito, 4420, South Africa

Licenses

Financial Service Corporate

FSCA Exceeded

South Africa Financial Service Corporate

Licensed Entity：NRDX (PTY) LTD

License No. 49648

WikiFX Risk Alerts
2025-09-06
  • This broker exceeds the business scope regulated by South Africa FSCA(license number: 49648)National Futures Association-UNFX Non-Forex License. Please be aware of the risk!

Basic Information

Registered Region
South Africa
Operating Period
1-2 years
Company Name
NRDX Pty Ltd
Customer Service Email Address
support@nrdx.com
Contact Number
+35725775500
Company Website
https://www.nrdx.com
Account
Related Software
Biz Area
Website
Company Summary
Wiki Q&A
Comment
MT4/5
Full License MT5
0
MT4 Servers
1
MT5 Servers
189.50
velocityIcon
Average execution speed/ms

Formal full license MT4/5 traders will have sound system services and follow-up technical support. Generally, their business and technology are relatively mature and their risk control capabilities are strong

Meta Trader 5
Perfect

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Website

nrdx.com
104.18.12.172
Server Location
United States
ICP registration
--
Most visited countries/areas
--
Domain Effective Date
--
Website
--
Company
--

Company Summary

NRDX Review Summary
Founded1995
Registered Country/RegionSouth Africa
RegulationFSCA (Suspicious Clone)
Market InstrumentsStocks, forex, and CFDs
Demo Account✅
LeverageUp to 1:500
Spread/
Trading PlatformsNRDX platform, MT5
Minimum Deposit$1
Customer SupportContact form, live chat (24/7)
Phone: +357 22278304
Email: support@nrdx.com
Address: Office 202 2nd Floor Ingenuity Park, 3 Nandi Mthembu Drive, Ballito, 4420, South Africa
Twitter, Facebook, LinkedIn, TikTok, Instagram, YouTube

NRDX, founded in 1995 and registered in South Africa, is a broker offering stocks, forex, and CFD trading with a $1 min deposit and a demo account for testing. It provides the MT5 platform and its own NRDX platform. However, a major red flag exists: NRDX holds a “suspicious clone” license with South Africas FSCA.

NRDX's homepage

Pros and Cons

Pros Cons
MT5 platformSuspicious clone FSCA license
Diverse account typesHigh leverage risks
Multiple customer support channelsLimited info on fees
Low minimum deposit
Demo accounts available

Is NRDX Legit?

At present, NRDX holds a suspicious clone Financial Service Corporatelicense from the Financial Sector Conduct Authority (FSCA). Please pay high attention to the safety of your funds if you choose this broker.

Regulated CountryRegulated AuthorityRegulated EntityCurrent StatusLicense TypeLicense Number
South Africa
The Financial Sector Conduct Authority (FSCA)NRDX (PTY) LTDSuspicious CloneFinancial Service Corporate49648
Suspicious Clone FSCA license

What Can I Trade on NRDX?

On NRDX, you can trade with stocks, forex, and CFDs.

Tradable Instruments Supported
Forex✔
CFDs✔
Stocks✔
Bonds❌
Options❌
ETFs❌
Mutual Funds❌
What Can I Trade on NRDX?
What Can I Trade on NRDX?

Account Type

For Real Stocks, the minimum deposit is $1 for the Silver account.

Account TypeSilverGoldDiamond
Minimum Deposit$1 - 10K$10K+ - 50K$50K+
Maximum Leverage1:21:31:4
Minimum Commission per Ticket$1.75$1.50$1.25
US Stocks Commission per Share$0.01
Market Data Monthly$4.50$3.50$2.50
Overnight Leverage0.01%❌❌
Account comparison

For FX/CFDs, there are other three types of accounts also with a min deposit requirement of $1.

Account TypeStandardProZero
Minimum Deposit$1$30$1
Account comparison

Leverage

The maximum leverage is up to 1:500 for FX/CFDs. Please note that high leverage can amplify both profits and losses.

Account TypeStandardProZero
Maximum Leverage 1:5001:4001:400

Trading Platform

Trading PlatformSupported Available Devices Suitable for
MT4❌Windows, iOS, MAC, AndroidBeginners
MT5✔Windows, Linux, iOS, MAC, AndroidExperienced traders
NRDX platform✔//
Trading Platform

Deposit and Withdrawal

Payment MethodMinimum DepositDeposit TimeMinimum WithdrawalWithdrawal Time
Visa, Mastercard, Maestro, Diners Club, Discover, AMEX$10Instant$50Instant
Wallets
Apple Pay, Google Pay$10Instant$50Instant
Crypto
USDT$10Instant$50Instant
Wire Transfer
Bank Transfer$1003-5 business days$1003-5 business days
Deposit and Withdrawal

Keywords

  • 1-2 years
  • Regulated in South Africa
  • Financial Service Corporate
  • MT5 Full License
  • Regional Brokers
  • Suspicious Overrun
  • Medium potential risk

Wiki Q&A

Franko Knavs
Within 1 year

What are the trading fees at NRDX?

WikiFX Reply
For stock accounts, I saw fixed commissions per ticket between $1.25 and $1.75, plus $0.01 per share. There’s also a monthly market data fee between $2.50 and $4.50. But I couldn’t find complete details on CFD or forex fees.
Broker Issues
NRDX
Fees and Spreads
07-03
United States
x1250
Within 1 year

Is NRDX a legit broker?

WikiFX Reply
In my opinion, NRDX doesn’t feel 100% legit. Even though they reference the FSCA, the "Exceeded" license status makes me cautious. I’d be careful and double-check everything before putting in real money.
Broker Issues
NRDX
Regulation
06-11
United States
Tomas
Within 1 year

How long do withdrawals take at NRDX?

WikiFX Reply
I noticed that withdrawals through cards, wallets, and crypto were processed instantly. Bank transfers took longer—around 3 to 5 business days.
Broker Issues
NRDX
Withdrawal
Deposit
06-10
United States
schlaepfi
Within 1 year

What are the cons of NRDX?

WikiFX Reply
The biggest downside for me is the unclear regulation status. On top of that, they don’t publish full details about spreads or fees, which makes it hard to understand the cost of trading.
Broker Issues
NRDX
Regulation
06-09
United States
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