Nordic Finanx has been flagged by Finansinspektionen for "Unregistered/Unlicensed entity offering financial products or services". Loan Fee Fraud This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: nordic-finanx.com.
Their two-factor authentication was optional when I joined. I enabled it. Later I lost my phone and could not log in. Nordic Finanx recovery process took 3 weeks and required notarized documents. By then I had missed important trades. Their security is your inconvenience.
Pros: Risk management tools|Customizable dashboard|Social trading features|Smooth onboarding
Cons: Minor UI glitches occasionally|Wish they had more educational resources
I requested my data from Nordic Finanx under GDPR. They sent a partial export that was missing months of transactions. When I asked for the rest they said it was a technical issue. Still waiting. They do not take data rights seriously.
Pros: Detailed reporting|Risk management tools|Copy trading available|Transparent fees
Cons: Some tools only available on higher tiers|Search feature is basic
I had high hopes for Nordic Finanx through a forum discussion, but my experience has been disappointing. Customer support is slow, the platform has frequent issues, and their fee structure is not as transparent as advertised. I am actively looking for alternatives now.
Pros: Low minimum deposit|Clear documentation
Cons: No integrated tax optimization
Nordic Finanx changed their fee structure with one month notice. What was a flat fee became a percentage. For my account size it meant a huge increase. When I objected they said I could leave. So I am leaving and writing this review.
Pros: Responsive team|Market news feed|Social trading features
Cons: Desktop app not available on Linux
After seeing ads for Nordic Finanx online, I investigated. The company is listed in the IOSCO I-SCAN warnings database and has been flagged by Finansinspektionen. Their website looks professional but that means nothing - many scam operations invest heavily in appearance. Always check the regulatory warnings before investing.
Pros: Website looks legitimate on the surface
Cons: Listed in warning databases|No transparency|Pressure to invest quickly
The onboarding at Nordic Finanx was smooth which makes the subsequent experience even more frustrating. Once they have your money, the quality of service drops dramatically. Getting anyone to help you with an actual problem is nearly impossible.
Pros: Multi-device support|Full transparency|Competitive fees
Cons: Could offer more webinars|Search feature is basic
Customer support at Nordic Finanx seems to be run by people who have never used the platform. Every time I call with an issue, I end up explaining how their own system works before they can help me. It would be funny if my money was not involved.
Pros: Multi-device support|Automated trading options|High security standards
Cons: No integrated tax optimization|Slow to add new assets
I want to warn everyone about Nordic Finanx. They have been flagged by Finansinspektionen as an unauthorized entity. I wish I had checked before investing. They use high-pressure sales tactics and fake testimonials. Once you send money, getting it back is nearly impossible.
Pros: Professional looking website
Cons: Cannot withdraw funds|Not regulated|Pressure tactics
Opened my account with Nordic Finanx when my bank disappointed me and I searched for alternatives and regretted it within the first month. The platform crashed during a critical moment, I lost potential gains, and support basically told me it was not their problem. Absolutely unacceptable behavior.
Pros: Fast support response|Full transparency|Clear documentation
Cons: Mobile app could be improved
The platform at Nordic Finanx is riddled with bugs. Charts display incorrect data, order confirmations sometimes fail silently, and the portfolio tracker disagrees with actual positions. After for a few weeks now of dealing with this, I have had enough.
Pros: Tax reports included|Regular updates|Competitive fees|Copy trading available
Cons: None so far