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2-5 years Full License
LicensesLicensed Entity：AMGE (PTY) LTD
License No. 49648
Warning: Low score, please stay away!
Comoros
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
nrdx.com United States| 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 | 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 |
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 |
On NRDX, you can trade with stocks, forex, and CFDs.
| Tradable Instruments | Supported |
| Forex | ✔ |
| CFDs | ✔ |
| Stocks | ✔ |
| Bonds | ❌ |
| Options | ❌ |
| ETFs | ❌ |
| Mutual Funds | ❌ |
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 |
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 | Supported | Available Devices | Suitable for |
| MT4 | ❌ | Windows, iOS, MAC, Android | Beginners |
| MT5 | ✔ | Windows, Linux, iOS, MAC, Android | Experienced traders |
| NRDX platform | ✔ | / | / |
| 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 |
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.
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.
I noticed that withdrawals through cards, wallets, and crypto were processed instantly. Bank transfers took longer—around 3 to 5 business days.
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.
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