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NordMarkets — Swedish Broker with Low Spreads

June 5, 2008 (Last updated on February 20, 2009) by

NordMarkets is a new Swedish Forex broker that has a wide variety of trading account types — starting with mini and ending with the big institutional accounts. For the mini Forex accounts the trading conditions are not very interesting — $1,000 account minimum (deposits only via wire transfer and credit card), 0.1 standard lot position sizes and 3-4 pips spreads. Basically the larger is your account the better conditions you get — up to the interbank spreads for the really big trading accounts. For the smaller accounts NordMarkets can offer Muslim trading conditions — without overnight interest. They also provide their own trading platform, FXDesk, but I can’t say that it’s very advanced or functional.

3 Responses to “NordMarkets — Swedish Broker with Low Spreads”

  1. DannyBly

    Thanks for the info – I’ve been taking a look at some European fx dealers such as Ducascopy also.

    Reply

  2. Maurice

    Started trading with Nordmarkets when they offered MT4 as an ECN – no dealing desk. Two thumbs up. Thanks for the recommendation guys!

    Reply

  3. Nastya

    Nice broker! Thanks.

    Reply

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