NSFX Limited

Regulation and Licensing

NSFX Limited is regulated by the Malta Financial Services Authority (MFSA) under licence number C 56519 (as Alchemy Markets Ltd., its regulated entity). The company previously held an EEA passport into the United Kingdom and was authorised by the Financial Conduct Authority (FCA) under firm reference number 595195, but that permission has since been revoked. As a result, NSFX can no longer conduct regulated business in the UK unless an exclusion applies. The regulatory oversight by MFSA provides a baseline of consumer protection, though the revocation of the FCA licence should be noted by traders considering the broker.

Trading Platforms and Products

NSFX offers its proprietary NSFX JForex platform, available on desktop (PC and Mac), mobile (iOS and Android) and web. The platform features advanced charting, one‑click trading, and automated trading capabilities. Additionally, the broker supports MetaTrader 4 (MT4) for those who prefer the industry‑standard interface. A distinctive offering is the MT4 PAMM service, which allows account managers to manage multiple client accounts simultaneously and allocate profits proportionally. Trading instruments cover over 100 assets, including major, minor and exotic forex pairs, precious metals (gold, silver), energy commodities (oil, natural gas), and global indices (S&P 500, FTSE 100, etc.). NSFX does not currently offer cryptocurrencies, stocks, bonds or ETFs.

Account Types and Conditions

Three main account types are available: ECN (raw spreads with commission), Fixed Spread (predictable spreads with no commission), and JForex (tailored for the proprietary platform). Leverage is offered up to 1:30 for retail clients under ESMA rules, and higher for professional clients. The broker also provides demo accounts for practice. Deposit and withdrawal methods include bank wire, credit/debit cards, and several e‑wallets, with no deposit fees charged by NSFX. Spreads are competitive for an ECN‑style broker, though the fee structure is not fully transparent on the website.

Corporate Structure and Ownership

NSFX Limited is a privately held company registered in Malta. In January 2023, FDCTech, Inc. (OTCQB: FDCT) announced an amendment to the acquisition date of its majority‑controlling position in New Star Capital Trading Ltd., which indirectly owns NSFX. The consolidation of NSFX’s assets and liabilities was expected to be finalised on or after 28 February 2023. This acquisition brought NSFX under the umbrella of a publicly‑listed fintech group, potentially providing additional capital and technology resources.

Customer Support and Education

The broker offers live chat, email (support@nsfx.com) and phone support (+356 2778 1919). Educational resources include daily market analysis, trading guides, and a risk disclosure section. The website is available in multiple languages, reflecting its international client base.

Risk Warning

Trading forex and CFDs is highly speculative and carries substantial risk of loss. Investors can lose all of their capital. NSFX clearly states that client funds are not guaranteed and may go down as well as up. The broker is not covered by any investor compensation scheme for non‑EEA clients.

Summary

NSFX Limited is a well‑established Maltese forex broker with a solid proprietary platform and a strong focus on PAMM services. Its acquisition by FDCTech may signal future growth and product expansion. However, the loss of its FCA licence and the lack of clarity on certain account features (e.g., swap rates, inactivity fees) are areas of concern. Traders should confirm current regulatory status and terms directly with the broker before engaging.