On the NordFX MT4 Pro page at nordfx.com/trading-account-pro, the EURUSD row names a contract of 100,000 euro, prints a typical spread of 12 points, and puts "No Fees" in the commission cell. Updated 12 November 2026, that row is the standard-lot bill before any overnight charge, and the marketing card above it on the same page uses a different unit.
The card says currency pairs, gold and silver float from 10 pips, with quote precision of 5 digits, a margin ratio up to 1:1000, and commission marked "No Fees". The contract table under that card uses the header Typical Spread (points). EURUSD, described on the row as Euro vs US Dollar, shows precision 5 and a typical spread of 12. A nordfx review that quotes the card and skips the row will describe a different ticket from the one the schedule prices.
On a five-digit euro quote, one point is 0.00001. A contract of 100,000 euro makes that point worth one US dollar, because 100,000 times 0.00001 is 1. Twelve points are twelve dollars on one standard lot, and twelve points are also 1.2 pips. Read as old-style pips, a floor of 10 would be a one-hundred-dollar minimum, which a typical print of 12 points cannot sit under. The card has labelled points as pips, so a floor of 10 points is ten dollars and the typical print of 12 points is twelve dollars, with the commission cell at zero.
The specification block is printed twice on the Pro page and the two copies match, so the repeat leaves the EURUSD price unchanged. The headline figure in this review is one standard lot. The minimum volume on the same row is 0.01, one-hundredth of that notional, and the twelve dollars scale with the lot.
Who holds the NordFX EUR/USD contract?
The English regulation page at nordfx.com/traders-guide/NordFX-Regulation, last updated October 2026 and opened on 12 November 2026, answers "Is NordFX regulated?" by naming two companies. NordFX.com is owned and operated by NordFX LTD, a company registered in Saint Lucia under number 2023-00470. Nord Group also includes Nord Premium LTD, an investment dealer regulated by the Financial Services Commission of Mauritius under licence GB24204016. The page calls NordFX LTD a registered company and calls Nord Premium LTD the regulated investment dealer.
NordFX LTD is at Ground Floor, The Sotheby Building, Rodney Village, Rodney Bay, Gros-Islet, Saint Lucia. Nord Premium LTD is at Suite 201, Level 2, The Catalyst, 40 Silicon Avenue, Ebene, Mauritius. The guide says the entities differ by jurisdiction and that the client agreement, together with the AML policy, specifies which entity services the account. The licence printed on the English guide sits with Nord Premium LTD, not with the Saint Lucia company named on the client agreement.
The client-agreement index at nordfx.com/client-agreement, opened the same day, links the English client agreement at nordfx.com/documents/client_agreement_en.pdf. A text extract of that PDF, retrieved on 12 November 2026, opens with NordFX Ltd at the Saint Lucia address as the counterparty, and with the person who submitted the registration form as the client. Retrieval of the PDF binary failed in this session, so the clauses below follow the text extract returned that day.
In that extract, clause 5.18 allows a block when an account is inactive and unfunded for more than three consecutive months, with archives until support restores access. Clause 5.19 allows deletion after more than six consecutive months unfunded and inactive. Clause 5.20 reserves a yearly maintenance fee of US$20 when a funded account stays inactive for one calendar year. The table of contents lists section 12 as Applicable Law and Jurisdiction, and the operative sentences of that section were absent from the English extract retrieved today.
An older English file, still hosted at nordfx.com/storage/download/client_agreement_en.pdf and retrieved as text the same day, bills a quiet account on a different line. Clause 9.10.1 charges 10 USD a month, written as ten US dollars, after 365 calendar days with no transaction and every position closed, starting the first day of the next month. Clause 9.10.2 takes the fee from the client's own funds and excludes bonus balances. Clause 9.10.3 allows a shortfall from another NordFX account at the firm's internal rate, and clause 9.10.4 archives the account until the debt is cleared. Clause 12 of that older file places the governing law and the courts in Saint Lucia.
The Chinese text of the current agreement, retrieved the same day from nordfx.com/documents/client_agreement_cn.pdf, carries both the monthly 10 dollar line and the yearly 20 dollar line, and it places section 12 under Saint Lucia law and the Saint Lucia courts. The indexed English file is the documents path, and its extract names the Saint Lucia company.
A check of the FSC Mauritius public register, attempted alongside these pages, returned no licensee row for GB24204016. The English guide tells the reader to confirm the licence on the regulator's own search, and this review stops at the number the guide prints. Reading the contracting company, rather than the brand on the header, is the same exercise set out in the Saint Lucia contract review of a different firm. That page is linked for the method. Its figures stay out of this count.
What do twelve points cost on MT4 Pro?
The Pro page, opened on 12 November 2026, is a MetaTrader 4 schedule: account currency USD, minimum deposit $10, margin call and stop out 40% and 20%, a cap of 100 positions and pending orders, and market execution. On the currency, gold and silver column the lot runs from 0.01 to 50 in steps of 0.01, the margin ratio runs up to 1:1000, and the commission cell reads "No Fees". The crypto column, spreads from 1 pip and commission 0,03%, is a different schedule, and the euro ticket uses the first column.
EURUSD hours on the row run Monday 00:05 to Friday 23:59, with a daily break from 01:00 to 01:02, marked EET/EEDT. Swap long is minus 8.96 points and swap short is 4.15 points. Those overnight numbers wait for a later section. The dealing cost on a round turn opened and closed inside the same session is the spread alone, because the commission cell carries no fee.
Twelve points on one standard lot are $12.00. The quote currency is already the dollar and the account currency is USD, so the spread needs no second conversion. Fifty lots at the same typical print would be $600 of spread, and 0.01 lot would be $0.12. The page prices the typical spread in points against the contract size shown, so the dollar figure moves in a straight line with volume. The $10 minimum deposit is the cash required to open the account, and it is a different number from the $12 typical cost of a 1.00 lot.
The commodities block on the same Pro page prints XAUUSD as Gold (100 oz) versus the US dollar, contract 100 oz, precision 2, typical spread 19 points. That row is a different instrument with a different point value, so it stays in points and stays off the euro ticket. Gold promotions on other NordFX URLs stayed outside this price.
English addresses for an MT5 Pro schedule returned no readable contract table in this session. The ticket priced here is the MetaTrader 4 Pro contract, on the EURUSD row, at the typical spread the page prints.
What does Zero bill once the percentage is applied?
The MT4 Zero page at nordfx.com/trading-account-zero, opened the same day, adds a phrase the Pro page leaves off the instruments line: access to interbank liquidity (ECN). The account currency is USD, the minimum deposit is $100, margin call and stop out are 60% and 40%, the position cap is again 100, and execution is again market execution. The margin ratio on the currency, gold and silver column runs up to 1:1000, the lot range is 0.01 to 50 with a step of 0.01, and the spread line on the card reads from 0,0 pips, comma included as the page prints it.
The commission cell on that FX column reads 0,0035% per trade (each side). The crypto column's 0,03% belongs to crypto pairs. The EURUSD row uses the same 100,000 euro contract, the same precision of 5, the same hours, the same two-minute daily break, and the same swaps, minus 8.96 points long and 4.15 points short. The typical spread cell is 3 points, where Pro's cell is 12.
The percentage base is taken from the contract size on the row, because the page leaves the base unstated in its own prose. Three and a half thousandths of one percent of 100,000 euro is 3.50 euro per side, and both sides are 7.00 euro on a round turn. The European Central Bank reference published by Frankfurter for 11 November 2026, retrieved on 12 November 2026, was 1.1127 dollars per euro. Seven euros at that rate are 7.7889 dollars. Three typical points are 3.00 dollars on the same point value used for Pro. The round turn on the typical print is 10.7889 dollars, and the chart below shows that sum as $10.79. Frankfurter supplies the dollar figure, because the Zero page prints the percentage and the points only.
The card's "from 0,0 pips" is a floor. Three points on a five-digit quote are 0.3 pips, or three dollars, before the percentage is added. A reader who stops at the floor misses both the typical spread and the euro commission. On a 0.01 lot the notional is 1,000 euro, the typical spread is about three cents, and each side of the percentage is 0.035 euro. The $10.79 figure is the standard lot only.
Zero's tighter stop-out is part of the price of the tighter spread. A position that Pro would still carry at 30% margin is already through Zero's 40% stop-out line, and the minimum deposit is ten times Pro's.
How do IC Markets, Pepperstone and Fusion price the same lot?
The bars below are round-turn dollars on one standard EURUSD lot, using only schedules opened on 12 November 2026. NordFX MT4 Pro is the orange bar at $12.00. NordFX MT4 Zero is $10.79 after the euro commission is converted. The other three bars are the peers whose own pages opened, and Fusion's bar is the firm's own FAQ estimate, which the label records.
IC's Raw Spread page, opened via icmarkets.com and served from ic.com/en/trading-accounts/raw-spread-account, prices MetaTrader 4 and MetaTrader 5 together. The average EURUSD spread is 0.1 pips 24/5, spreads start from 0.0 pips, and commission is $3.50 per lot per side. On a standard euro lot, 0.1 pips are one dollar and two sides of $3.50 are seven dollars, so the published average all-in is $8.00. The page names Raw Trading Ltd, Seychelles registration 8419879-1, FSA licence SD018, trading as IC and IC Markets Global, with a margin ratio of 1:5000. The cTrader raw commission stayed unopened, so the $8.00 bar is the MT4 and MT5 Raw figure. The IC Markets review is the house page, and the eight dollars come from IC's schedule today.
Pepperstone's page at pepperstone.com/en-gb/markets/forex/pairs-and-spreads prints EURUSD with a Razor minimum of 0 and average of 0.1, against a Standard minimum of 1 and average of 1.1, for 1 August 2026 to 31 August 2026, all sessions including rollover. The intro says spreads start from 0.0points. Razor commission per standard FX lot per side is $3.50 in a USD account, and Standard forex trades on that page carry no commission. Razor's average sits 1.0 under Standard's, the size of a one-pip markup, so 0.1 is read as a tenth of a pip: one dollar of spread plus seven dollars of round-turn commission, $8.00 on the bar. An MT4-point reading would shrink that gap to a tenth of a pip, too small for a commission-free average of 1.1. On the pip reading, Standard's 1.1 average is about eleven dollars, still under NordFX Pro's twelve. The pairs page leaves the contracting company off these rows, and the legal-documents URL returned no body, so no company number is added. The Pepperstone review is linked for the firm.
RelatedTopFX's EUR/USD Raw Account Ticket, Priced in Euros
Fusion's Zero page at fusionmarkets.com/Trading/Zero-Trading-Account puts commissions at $2.25 per side, $4.50 round turn, spreads from 0.0 pips, and no minimum account size. The FAQ puts Zero's total cost at approximately 0.5 pips, against about 0.9 on Classic. Half a pip on a standard euro lot is five dollars, the bar labelled Fusion Zero FAQ. The page prints no EURUSD average, so the bar follows that FAQ, with $4.50 as the commission floor inside it, and it leaves the platform unnamed. The regulation page at fusionmarkets.com/About-us/Regulations names Fusion Markets International, Seychelles FSA licence SD096, and Gleneagle Securities Pty Limited trading as Fusion Markets, Vanuatu company 40256, under the VFSC. The $4.50 stays unassigned to one entity. The Fusion Markets review covers the two names. The five dollars are from the Zero page opened today.
Set side by side, the three peer schedules sit at five dollars on Fusion's FAQ estimate and at eight dollars on the IC Raw average and the Pepperstone Razor August average. NordFX MT4 Zero, after the euro commission is converted at the 11 November reference, sits at $10.79. NordFX MT4 Pro, with the commission cell at "No Fees", sits at $12.00. A Pro floor of 10 points is still ten dollars if the card means points. The Zero floor of 0.0 pips is the spread before €7.00 of commission.
What does the schedule charge if the position stays open?
Both MT4 pages print the same EURUSD swap: long minus 8.96 points, short 4.15 points. Using the one-dollar point value from the 100,000 euro contract, a long standard lot is debited about $8.96 a night and a short standard lot is credited about $4.15 a night. The pages print points, and the dollars are that conversion. A position opened and closed inside the session never meets the swap. A position that stays open through the daily roll does.
Both MT4 pages leave the swap unmultiplied by any named weekday. No Wednesday multiple is added here. The only session gap on the EURUSD row is the two-minute daily break from 01:00 to 01:02 EET/EEDT, inside hours that run from Monday 00:05 to Friday 23:59. A change requested during those two minutes falls inside a break the row itself discloses.
The idle account is a separate bill, and the English documents disagree. The indexed file's extract supports a yearly US$20 fee once a funded account has been inactive for one calendar year, plus block and deletion lines for accounts that are inactive and unfunded. The older storage file charges 10 dollars a month after 365 quiet days with a flat book, from the client's own money, with a shortfall able to come from another account. The Chinese text of the current file contains both the monthly ten and the yearly twenty. Until the cabinet shows which PDF binds, the public record has two idle-account prices. The index lists a withdrawal-policy PDF that stayed unread, so withdrawal charges stay out.
One night long on a standard lot adds 8.96 points, most of Pro's 12-point typical spread and more than Zero's entire 3-point typical spread, close to the whole $10.79 round turn. Both account pages print that swap in the same points.
Where do the published lines leave the ticket?
Pro bills $12.00 on the typical 12-point EURUSD print, commission "No Fees", MetaTrader 4, account currency USD, one standard lot of 100,000 euro. Zero bills $3.00 on the typical 3-point print plus €7.00 of commission, which is $7.7889 at the Frankfurter rate of 1.1127 dated 11 November 2026, so $10.79 before any overnight swap. A long standard lot held through the roll adds the printed swap of 8.96 points, about $8.96 on that same point value. A funded account that then sits for a calendar year meets the US$20 yearly line in the English agreement the index links, or the $10 monthly line if the older storage file is the one that still binds, and the Chinese text contains both.
The counterparty named in the English agreement extract is NordFX Ltd of Saint Lucia, registration 2023-00470 on the regulation page, at the Rodney Bay address. The Mauritius investment-dealer licence GB24204016 is printed on Nord Premium LTD at the Ebene address. The register check came back without a row. The contract the ticket is priced on is the Saint Lucia company's MetaTrader 4 schedule, because that is the company the agreement extract names and the company the regulation page says operates the site.
Both MT4 tiers put contract size, precision, typical spread, swaps, hours and the commission cell on one screen, with Pro's stop-out wider and its minimum deposit at $10 against Zero's $100. Zero states the percentage per side, and the dollar amount is the arithmetic above.
The pages opened this session support a rating of 2.4 out of 5. Pro's card says from 10 pips while the row says 12 points, and Zero's card says from 0,0 pips while the row says 3 points plus 0,0035% a side. Pro at $12.00 and Zero at $10.79 sit above the $8.00 IC and Pepperstone averages and above Fusion's $5.00 FAQ estimate. The Mauritius licence sits on a company the agreement extract leaves unnamed, the FSC row was absent, and the two English files bill a quiet account at $20 a year or $10 a month. A public schedule is why the score stays above 2. The unit mismatch, the entity split and the higher typical cost are why it stays below 3.
Contracts for difference can lose the capital placed in them, and the loss can exceed the deposit where the account terms allow it. The figures above are the schedules and legal texts opened on 12 November 2026. A typical spread is a published print, and the price on a live fill can differ from it.