NSFX Review 2026
Regulated broker with real licence numbers.
NSFX is a regulated CFD broker founded in 2012. It holds a MFSA licence under number C56218.
The basics
NSFX was founded in 2012 and is headquartered in Valletta, Malta. It is privately owned. The broker offers CFDs on 300 instruments across forex, indices, commodities, and crypto. All positions are contracts for difference — there is no real asset ownership.
MetaTrader is available on all account types. Copy trading is not offered.
| Founded | 2012 |
| Headquarters | Valletta, Malta |
| Instruments | 300+ |
| Platforms | MT4, MT5 |
| MetaTrader | Yes — MT4 and MT5 |
| Copy trading | No |
| Real stocks | No — CFDs only |
Is NSFX safe?
The Seychelles FSA is an offshore regulator. It requires broker registration and basic conduct rules, but does not offer the same client protections as the FCA, CySEC, or ASIC. There is no compensation scheme and leverage limits are not imposed.
| Regulator | Licence | Entity |
|---|---|---|
| MFSA | C56218 ✓ | NSFX Ltd |
You can verify the MFSA licence at brokerforexreviews.com. The registration shows the entity name, authorisation status, and full permissions list. It takes under a minute.
NSFX spreads
These are the typical spreads on NSFX's standard account. Spreads vary by market conditions and account type. ECN or raw-spread accounts offer lower spreads in exchange for a per-trade commission.
| EUR/USD | 1 pips pips |
| GBP/USD | 1.3 pips pips |
| USD/JPY | 1.1 pips pips |
| Gold (XAU/USD) | 25c/oz |
| S&P 500 | 0.5pt |
NSFX's EUR/USD spread of 1 pips pips is competitive for a retail broker without a per-trade commission.
NSFX withdrawal fee and processing time
Fee: None. NSFX does not charge deposit or withdrawal fees. Your payment provider may apply their own transfer fees.
Processing time: Instant to 24 hours for e-wallets. Bank transfers take 1 to 3 business days.
Withdrawal requests must pass identity verification before processing. If your account is not yet fully verified (proof of identity and address submitted), expect additional delays. Verified accounts follow the standard processing times above.
NSFX minimum deposit by entity
The minimum deposit depends on which NSFX entity serves your country. Offshore entities often allow lower minimums but with less regulatory protection.
| Entity | Regulator | Min deposit | Max leverage (forex) |
|---|---|---|---|
| NSFX Ltd | MFSA C56218 | $500 | 1:30 |
NSFX vs XM
| NSFX | XM | |
|---|---|---|
| Primary regulator | MFSA C56218 | CySEC 120/10 |
| Min deposit | $500 | $5 |
| EUR/USD spread | 1 pips pips | 1.6 (std) / 0.1 (ultra-low) pips |
| MetaTrader | Yes | Yes |
| Instruments | 300+ | 1,400+ |
| Copy trading | No | No |
| Withdrawal fee | None | None |
Both brokers are regulated and legitimate. NSFX suits traders who value MetaTrader and algorithmic trading. XM is better for traders who prioritise tighter spreads.
Regulation — the numbers that matter
| MFSA | C56218 — NSFX Ltd |
Leverage for retail clients in the EU and UK is capped at 1:30 on major forex pairs under ESMA rules.
Pros and Cons
What works
- MFSA regulated
- MetaTrader 4 and 5 available
What does not work
- No tier-1 regulator (FCA/ASIC/CySEC) — offshore entity only
- No copy trading
- No real stock ownership — CFDs only
- Inactivity fee: $10/month after 3 months
- Higher minimum deposit of $500
The verdict
NSFX is a legitimate, regulated broker. The MFSA licence number C56218 is verifiable on the public register. It is best suited for traders who want MetaTrader on a regulated platform. Rating: 4.0 out of 5.
Alternatives to NSFX
If NSFX does not fit your needs, these regulated alternatives are worth comparing:
Frequently asked questions
Is NSFX safe?
The Seychelles FSA is an offshore regulator. NSFX holds MFSA licence C56218, which is publicly verifiable on the official register.
What is the NSFX minimum deposit?
The minimum deposit is $500. This applies to the main regulated entity. Some offshore entities may differ. See the entity table above for full breakdown.
What is the NSFX EUR/USD spread?
The EUR/USD spread on NSFX standard accounts is typically 1 pips pips. Spreads vary with market conditions. ECN or raw accounts offer lower spreads with a per-trade commission instead.
How long does NSFX take to process withdrawals?
Instant to 24 hours for e-wallets. Bank transfers take 1 to 3 business days.
Does NSFX charge withdrawal fees?
None. NSFX does not charge deposit or withdrawal fees. Your payment provider may apply their own transfer fees.
Does NSFX have MetaTrader?
Yes. NSFX supports both MT4 and MT5 on all account types. This allows automated trading, custom indicators, and expert advisors.