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MetaTrader4 vs JForex - Which trading accounts offer the better conditions?
NSFX offers MT4 and JForex trading platforms for its clients. Do you know whihc platform you should choose?
NSFX’s MetaTrader4 or JForex. Which one would you choose?
Notice
This Post has ended its release period. Please check NSFX's latest information and campaign on NSFX's company introduction page.
NSFX - What's now?
We are no longer promoting NSFX. The information regarding to NSFX on the website 'Hercules.Finance' maybe outdated. ref. NSFX
There are dozens of online trading platforms for FX traders though, it is hard to define which one is better and it also depends on each trader’s preference.
This time, we like to compare MT4 and JForex trading accounts of NSFX.
As NSFX offers both trading platforms online, it is easy to compare the differences of trading conditions.
What is NSFX?
NSFX is an online Forex & CFD brokerage firm in Malta, regulated by MFSA.
The broker’s service is focused on “Safe and Fair” trading environment with ECN execution. (ECN stands for Electronic Communication Network)
You can find the full information of the broker from below.
MT4 vs JForex
NSFX offers 3 different trading account types.
MT4 Fixed | MT4 ECN | JForex | |
Account Type | Forex | Forex | Forex |
Trading Platform | MT4 | MT4 | JForex |
Minimum Deposit | $300 | $3,000 | $5,000 |
Accout Currency | EUR,GBP,USD | EUR,GBP,USD | EUR,GBP,USD |
Execution Type | NDD (Instant) |
ECN (Market) |
STP (Market) |
Leverage | 200:1 | 100:1 | 100:1 |
Spread Type | Fixed | Floating | Floating |
Minimum Spread | from 3 pips | from 0.1 pips | from 0.1 pips |
Trading Commission | N/A | $8 per 1 Lot | $8 per 1 Lot |
Minimum Trading Lots | 0.01 | 0.01 | 0.01 |
Maximum Trading Lots | Unlimited | Unlimited | Unlimited |
Decimal Pricing | 5 | 5 | 5 |
Margin Call % | 80% | 80% | 80% |
Stop Out % | 20% | 20% | 20% |
EA (Automated Trading) | Not Allowerd | Allowed | Allowed |
Scalping | Not Allowerd | Allowed | Allowed |
Hedging | Allowed | Allowed | Allowed |
News Time | Not Allowerd | Allowed | Allowed |
Only the “MT4 Fixed” account is offered with “Instant Execution”.
Both “MT4 ECN” and “JForex” accounts are offered with ECN execution with no restrictions on trading methods.
With NSFX, you can open all 3 of these account types and compare by trading by yourself.