MetaTrader4 vs JForex – Which trading accounts offer the better conditions?

May 12, 2017

NSFX's MetaTrader4 or JForex. Which one would you choose?

Notification

We inform you, that NewForex broker was purchased by broker Forexmart, which has EU regulations. Thus all NewForex clients deposits will be transferred to the jurisdiction of the Forexmart broker. To transfer your funds to Forexmart you need to: 1. Close all open positions by December 24, 2017. 2. Register an account with Forexmart and open a trading account in the same currency. (If you have a micro account, then open the micro, if standard, then open, please, the standard account. 3. To inform NewForex support, the number of the current trading account with NewForex broker and the number of the new trading account with Forexmart broker immediately after the closing of all trading positions. All of the data will be checked and your funds will be transferred to Forexmart account.

MetaTrader4 vs JForex – Which trading accounts offer the better conditions?

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.

Who 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.

NSFX Service Details

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.

NSFX Service Details

50 USD for Free

3500 USD for Free

123 USD for Free

up to $1000 for Free

30 USD for Free

25 USD for Free

Partner brands

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