NSFX Review 2026
A licensed kitchen with real, checkable paperwork.
NSFX opened its doors in 2012 and cooks as a regulated CFD broker, carrying MFSA licence C56218.
What's on the menu
NSFX has been serving since 2012, with the kitchen based in Valletta, Malta. The firm is privately held. The order book runs deep: 300 CFD instruments spanning forex, indices, commodities and crypto. Everything here is a contract for difference, so you are trading the price move, not owning the underlying dish.
MetaTrader comes plated on every account type. There is no copy-trading option here.
| Founded | 2012 |
| Headquarters | Valletta, Malta |
| Instruments | 300+ |
| Platforms | MT4, MT5 |
| MetaTrader | Yes, MT4 and MT5 |
| Copy trading | No |
| Real stocks | No, CFDs only |
Kitchen inspection: 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 |
Want to inspect the kitchen yourself? Pull up investingchef.com and look up the MFSA licence. The listing lays out the entity name, its authorisation status and the full list of what it is cleared to do. A minute, tops.
Ready to open an account?
NSFX - MFSA regulated, min deposit $500, 300+ instruments.
Ingredient costs: NSFX spreads
Here is what the raw ingredients cost on a standard NSFX account. Spreads breathe with the market and with your account tier; step up to an ECN or raw-spread table and the spread shrinks, but a per-trade commission joins the bill.
| 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 |
That EUR/USD figure of 1 pips pips is a fair price to pay on a commission-free account.
The bill: NSFX withdrawal fee and timing
Cost to take money out: None. NSFX does not charge deposit or withdrawal fees. Your payment provider may apply their own transfer fees.
How long it takes: Instant to 24 hours for e-wallets. Bank transfers take 1 to 3 business days.
No cash leaves the till until your identity checks out. If your proof of ID and address are not yet filed and cleared, the payout waits; once you are fully verified, cash-outs follow the timings shown above.
The cover charge by entity
The opening deposit at NSFX depends on which entity seats your country. Offshore branches tend to set a smaller cover charge, but you dine with a thinner layer of 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 kitchens hold real licences, so neither is a bad table. Pull up a chair at NSFX if you value MetaTrader and running algorithms. XM plates up better for anyone who leans on leaner spreads.
The licences, line by line
| MFSA | C56218, NSFX Ltd |
Under ESMA house rules, retail traders in the EU and UK are served leverage no higher than 1:30 on the major forex pairs.
What tastes good, what leaves a bad aftertaste
Cooked well
- MFSA regulated
- MetaTrader 4 and 5 available
Sent back
- 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
Compare NSFX before you commit
4.0/5 rating - MFSA regulated - min deposit $500
The verdict
Nothing on the plate here is fake: NSFX is a genuine, regulated broker, and MFSA licence C56218 checks out on the public register. The table is set best for traders who want MetaTrader served on a regulated platform. We rate it 4.0 out of 5.
Other tables worth a look
If NSFX is not quite to your taste, these regulated kitchens are worth comparing:
Frequently asked questions
Is NSFX safe?
The Seychelles FSA is an offshore regulator. The kitchen holds MFSA licence C56218, and you can confirm it for yourself on the official register.
What is the NSFX minimum deposit?
The cover charge is $500 at the main regulated entity. Offshore branches may plate it differently, so check the entity table above for the full spread.
What is the NSFX EUR/USD spread?
On a standard NSFX account the EUR/USD ingredient runs about 1 pips pips. It moves with the market; an ECN or raw table trims the spread in exchange for a per-trade commission.
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. Both MT4 and MT5 are on the menu across every account type, so automated strategies, custom indicators and expert advisors are all on the table.