FXTM information and reviews
FXTM
95%
OctaFX information and reviews
OctaFX
94%
XM information and reviews
XM
93%
FXCC information and reviews
FXCC
92%
FxPro information and reviews
FxPro
91%
HFM information and reviews
HFM
89%

New NordFX Savings Account: Investment Income Plus Trading Income


3 May 2021

The new Savings Account from NordFX represents a unique know-how developed by the company's specialists, based on DeFi technology. This account allows you not only to receive passive income up to 30% per annum, but also to increase your profits through operations in the financial markets. It is just enough to take a trade loan at only 3%.

DeFi (from the English "Decentralized financing") is a term for special applications in cryptocurrency or blockchain, aimed at eliminating financial intermediaries. It is these advantages of DeFi that have formed the basis of the innovative new NordFX Savings Account, allowing its owners to generate profits many times higher than interest on bank deposits. Passive income on their investments is currently about 30% per annum and may vary.

The world's most popular stablecoin, Tether (USDT), the rate of which is secured by real US dollars in a ratio of 1:1, is used as the account currency. The minimum deposit amount for this account is equal to $500. In addition to USDT, deposits are also allowed with USDC and DAI stablecoins, which will be automatically converted to USDT. Withdrawals are also possible in USDT.

The undoubted advantage of this account is the ability to take a trade loan secured by the funds placed in it. The interest on the loan is only 3% per annum and is deducted from the investment income. The loan funds are instantly credited to the balance of the Trader's Cabinet and can be used for trading on terms similar to those of a Zero account.

This feature gives account holders the opportunity to maximize returns on their investments through trading in financial markets. Investment income is credited to the Savings Account on a daily basis and can be withdrawn at any time without restrictions.

#source

Share: Tweet this or Share on Facebook


Related

OctaFX Fraud notice January 2023
OctaFX Fraud notice January 2023

Every trader looks for a high level of security. Unfortunately, this request is not groundless. New fraud schemes appear every day, and not everyone can protect themselves...

20 Jan 2023

OctaFX collects the Best Online Broker Global 2022 accolade
OctaFX collects the Best Online Broker Global 2022 accolade

The international broker OctaFX received yet another 2022 distinction. The esteemed global media publication World Business Outlook awarded the company its "Best Online Broker Global 2022" award...

19 Jan 2023

Six evident and less obvious improvements that we are proud of in 2022
Six evident and less obvious improvements that we are proud of in 2022

2022 was a year of unprecedented changes and struggles in the financial markets. For us at OctaFX, it was a year full of hard work that helped achieve several important milestones...

13 Jan 2023

AMarkets will participate at iFX EXPO 2023
AMarkets will participate at iFX EXPO 2023

AMarkets invites you to visit booth number 92, where you will have the opportunity to meet AMarkets’ top managers, exchange experiences and participate in our prize draw...

12 Jan 2023

Dividend announcement for stock derivatives in January 2023
Dividend announcement for stock derivatives in January 2023

When a company pays dividends to shareholders, it reduces the company's value by the dividend amount. The dividend payout leads to the share price reduction..

9 Jan 2023

AMarkets Copy Trading service changes
AMarkets Copy Trading service changes

On February 1, 2023, changes in the Copy Trading service will come into force. They will affect all traders and investors, regardless of when they started copying strategies...

6 Jan 2023


Editors' Picks

FXCM information and reviews
FXCM
87%
ActivTrades information and reviews
ActivTrades
86%
RoboForex information and reviews
RoboForex
85%
MultiBank Group information and reviews
MultiBank Group
84%
Libertex information and reviews
Libertex
83%
Vantage information and reviews
Vantage
83%

© 2006-2023 Forex-Ratings.com

The usage of this website constitutes acceptance of the following legal information.
Any contracts of financial instruments offered to conclude bear high risks and may result in the full loss of the deposited funds. Prior to making transactions one should get acquainted with the risks to which they relate. All the information featured on the website (reviews, brokers' news, comments, analysis, quotes, forecasts or other information materials provided by Forex Ratings, as well as information provided by the partners), including graphical information about the forex companies, brokers and dealing desks, is intended solely for informational purposes, is not a means of advertising them, and doesn't imply direct instructions for investing. Forex Ratings shall not be liable for any loss, including unlimited loss of funds, which may arise directly or indirectly from the usage of this information. The editorial staff of the website does not bear any responsibility whatsoever for the content of the comments or reviews made by the site users about the forex companies. The entire responsibility for the contents rests with the commentators. Reprint of the materials is available only with the permission of the editorial staff.
We use cookies to improve your experience and to make your stay with us more comfortable. By using Forex-Ratings.com website you agree to the cookies policy.