FXTM information and reviews
FXTM
93%
OctaFX information and reviews
OctaFX
91%
FXCC information and reviews
FXCC
90%
Libertex information and reviews
Libertex
89%
FxPro information and reviews
FxPro
88%
HotForex information and reviews
HotForex
87%

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 Investment income is credited to the Savings Account on a daily basis and can be withdrawn at any time without restrictions.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:


Related

HotForex Granted License by the Capital Markets Authority (CMA) of Kenya
HotForex Granted License by the Capital Markets Authority (CMA) of Kenya

The latest prestigious license from the Capital Markets Authority (CMA) of Kenya solidifies the HotForex brand’s commitment to offering clients around the world the highest levels of security...

24 Jan 2022

2021 retrospective of the financial market by OctaFX
2021 retrospective of the financial market by OctaFX

The year 2021 was packed with exciting developments and meaningful circumstances in world affairs its economy, politics, and policies impacting the financial sector as a whole...

21 Jan 2022

CWTrader Terminal - The most flexible multi-asset trading platform
CWTrader Terminal - The most flexible multi-asset trading platform

With a vast range of indicators, market orders and asset classes, CWTrader offers to the professional trader with everything needed to invest...

18 Jan 2022

RoboForex Received 3 Awards at the Traders Union Awards 2021
RoboForex Received 3 Awards at the Traders Union Awards 2021

RoboForex, an international broker, received 3 awards at once within the frameworks of Traders Union Awards 2021. The company was recognised as the best in the following...

18 Jan 2022

New powerful VPS servers for AMarkets clients
New powerful VPS servers for AMarkets clients

We are pleased to announce that new powerful VPS servers that can simultaneously support 4–8 MetaTrader terminals are now available to AMarkets clients

17 Jan 2022

CommerceWealth a solid option for all investors
CommerceWealth a solid option for all investors

At CommerceWealth we take hard efforts to enrich your trading experience. As a world-wide, 5 star graded company, our client’s satisfaction is in the core of our focus...

12 Jan 2022


Editors' Picks

XM information and reviews
XM
86%
FXCM information and reviews
FXCM
85%
AvaTrade information and reviews
AvaTrade
84%
LegacyFX information and reviews
LegacyFX
83%
FP Markets information and reviews
FP Markets
82%
Pepperstone information and reviews
Pepperstone
82%

© 2006-2022 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.