Global Broker Regulation Inquiry App
WikiFX
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/10
NRDX
South Africa
|
2-5 years
|
Regulated in South Africa
|
Financial Service Corporate
|
MT5 Full License
|
Regional Brokers
|
Suspicious Overrun
|
Medium potential risk
https://www.nrdx.com
Website
Rating Index
MT4/5 Identification
MT4/5 Identification
Full License
4
Server Name
NRDX-live MT5
Server Location 
Belgium
BelgiumContact
+357 25775500
support@nrdx.com
https://www.nrdx.com
Office 202 2nd Floor Ingenuity Park, 3 Nandi Mthembu Drive, Ballito, 4420, South Africa
Licenses
Licensed Entity：NRDX (PTY) LTD
License No. 49648
WikiFX Risk Alerts
2025-10-30
- 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
South AfricaOperating Period
2-5 years
Company Name
NRDX Pty Ltd
Customer Service Email Address
support@nrdx.com
Contact Number
+35725775500
Company Website
Account
Related Software
Website
Company Summary
Wiki Q&A
Comment
Account
Environment
--
Currency
--
Maximum Leverage
1:400
SupportedEA
Minimum Deposit
$1
Minimum Spread
--
Depositing Method
(15+) USDT MASTER VISA Bank transfer
Withdrawal Method
(15+) BTC MASTER Bank transfer ETH
Minimum Position
--
Commission
--
Products
--
Updated：
2025-10-30
MT4/5
Full License MT5
0
MT4 Servers
1
MT5 Servers
220.00
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 StatesICP registration
--
Most visited countries/areas
--
Domain Effective Date
--
Website
--
Company
--
Company Summary
| NRDX Review Summary | |
| Founded | 1995 |
| Registered Country/Region | South Africa |
| Regulation | FSCA (Suspicious Clone) |
| Market Instruments | Stocks, forex, and CFDs |
| Demo Account | ✅ |
| Leverage | Up to 1:500 |
| Spread | / |
| Trading Platforms | NRDX platform, MT5 |
| Minimum Deposit | $1 |
| Customer Support | Contact 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.
Pros and Cons
| Pros | Cons |
| MT5 platform | Suspicious clone FSCA license |
| Diverse account types | High leverage risks |
| Multiple customer support channels | Limited 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 Country | Regulated Authority | Regulated Entity | Current Status | License Type | License Number |
 | The Financial Sector Conduct Authority (FSCA) | NRDX (PTY) LTD | Suspicious Clone | Financial Service Corporate | 49648 |
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 | ❌ |
Account Type
For Real Stocks, the minimum deposit is $1 for the Silver account.
| Account Type | Silver | Gold | Diamond |
| Minimum Deposit | $1 - 10K | $10K+ - 50K | $50K+ |
| Maximum Leverage | 1:2 | 1:3 | 1:4 |
| 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 Leverage | 0.01% | ❌ | ❌ |
For FX/CFDs, there are other three types of accounts also with a min deposit requirement of $1.
| Account Type | Standard | Pro | Zero |
| Minimum Deposit | $1 | $30 | $1 |
Leverage
The maximum leverage is up to 1:500 for FX/CFDs. Please note that high leverage can amplify both profits and losses.
| Account Type | Standard | Pro | Zero |
| Maximum Leverage | 1:500 | 1:400 | 1:400 |
Trading Platform
| Trading Platform | Supported | Available Devices | Suitable for |
| MT4 | ❌ | Windows, iOS, MAC, Android | Beginners |
| MT5 | ✔ | Windows, Linux, iOS, MAC, Android | Experienced traders |
| NRDX platform | ✔ | / | / |
Deposit and Withdrawal
| Payment Method | Minimum Deposit | Deposit Time | Minimum Withdrawal | Withdrawal Time |
| Visa, Mastercard, Maestro, Diners Club, Discover, AMEX | $10 | Instant | $50 | Instant |
| Wallets | ||||
| Apple Pay, Google Pay | $10 | Instant | $50 | Instant |
| Crypto | ||||
| USDT | $10 | Instant | $50 | Instant |
| Wire Transfer | ||||
| Bank Transfer | $100 | 3-5 business days | $100 | 3-5 business days |
Keywords
- 2-5 years
- Regulated in South Africa
- Financial Service Corporate
- MT5 Full License
- Regional Brokers
- Suspicious Overrun
- Medium potential risk
Wiki Q&A
Franko Knavs 
1-2 years
What are the trading fees at NRDX?
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
Fees and Spreads
07-03
United States
x1250
1-2 years
Is NRDX a legit broker?
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
Regulation
06-11
United States
Tomas
1-2 years
How long do withdrawals take at NRDX?
I noticed that withdrawals through cards, wallets, and crypto were processed instantly. Bank transfers took longer—around 3 to 5 business days.
Broker Issues
Deposit
Withdrawal
06-10
United States
schlaepfi
1-2 years
What are the cons of NRDX?
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
Regulation
06-09
United States
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