NordEquity is managed by Sinvara LLC, whose parent organization is registered in the Marshall Islands. However, the broker does not disclose any information about the history of the project, and the date of its creation is given as 2018. As for the domain, it was registered in December 2018 in Reykjavik, Iceland, and renewed in September 2023. In addition, the website does not provide data about the license and financial regulation of the brokerage company. Meanwhile, the interface supports only one Spanish language, although an account can be opened by a citizen of almost any country, including the United States and Afghanistan. Finally, the platform owner claims to have “Best Broker of the Year” awards for 2019, 2021, and 2022, but there is no confirmation of this information.
How safe is it to trade on the terminal? Can you trust your funds to this forex broker? We will analyze the functionality and legal aspects of this site and share our findings with you.
NordEquity offers registered users to open a demo account to test the platform or start trading with real money immediately. You will have access to global markets and instruments such as forex, stocks, commodities, and cryptocurrencies. The broker claims that for security purposes, all traders’ funds are kept in segregated accounts. For this purpose, banks with the highest level of protection, which are AAA-rated, are used.
The broker’s trading plans are represented by 5 variants differing in the amount of the minimum deposit. The set of services increases at each level and includes all the offers of the previous step. You can choose from the following tariffs:
- Mini from $300 – all trading tools, access to videos, daily market analysis, daily recommendations, exclusive improvements.
- Standard from $1,000 – plus VIP support.
- Silver from $5,000 – added transaction coverage.
- Gold from $10,000 – added personal manager service.
- Platinum over $10,000 – private portfolio, IQ Academy (commerce courses), customized strategies, unlimited number of simultaneously opened transactions.
The account at NordEquity is serviced in US dollars, euros, and bitcoins. You can use all popular payment methods for deposit and withdrawal, such as e-wallets, bank transfers, and cards.
Withdrawal request should be processed within 3-5 days. The broker uses SSL security to protect the client’s account, which is an encrypted communication between the web server and the browser.
NordEquity’s educational material is presented in technical and fundamental analysis, glossary, and trading psychology categories. At the highest account level, you can gain knowledge from the IQ Academy online university, which features customized training with over 200 seminars. The tech support team provides 24/5 service and the website offers phone numbers for 4 countries – Panama, Chile, Peru, and Mexico.