We opened an account with NRDX, funded it with $100, and asked for that money back. It hasn’t come. On top of that, by the time we sat down to finish this review, nrdx.com itself had stopped loading altogether. Between the two, this one wasn’t a close call.
Last updated: Oct 11, 2026 · Reviewed whenever new reports are filed or regulatory status changes
NRDX Review
Composite Score
Automatic Scam Warning: Knockout Rule
Regulation & Licensing sub-score of 2 is at or below the 3 automatic knockout floor; Withdrawal Reliability sub-score of 1 is at or below the 3 automatic knockout floor
For reference, the underlying composite score is 3.0 / 10: the knockout rule overrides the composite regardless of the overall number.
About NRDX
NRDX is a multi-asset trading platform built around US stocks, forex, and a handful of other markets, run day to day under the name Heritage Limited according to the terms of business and deposit policy documents it publishes. A second name, NRDX (PTY) LTD, shows up in connection with its South African registration, so the brand you sign up under and the entity that legally holds your funds aren’t necessarily the same thing. NRDX’s own paperwork doesn’t spell out which name applies to which client. The platform offers three account tiers with deposits starting at $1, leverage as high as 1:500, and a library of more than 350 tradeable instruments.
Neither license number NRDX discloses could be independently confirmed at the time of this review. FSP 49648 did not return a match Brokers Alerts could verify on the FSCA's public register, and Comoros registration T2023176 sits outside any searchable regulator database Brokers Alerts could access. Both remain open items pending further verification.
Regulation Status
NRDX’s regulatory picture is thin, and what’s there raised more questions than it answered once we looked closely.
The site cites a Financial Services Provider license from South Africa’s Financial Sector Conduct Authority, FSP number 49648. Brokers Alerts tried to match that number to Heritage Limited or NRDX (PTY) LTD on the FSCA’s own public search tool and couldn’t get a confirmation either way. That’s not the same as proving the license is fake, but a broker asking traders to hand over money on the strength of a registration number should be verifiable in minutes, and this one wasn’t.
The second claim is harder to even locate. A registration number, T2023176, doesn’t appear on any regulation or “About Us” page, it’s tucked into a bonus terms PDF and the site’s privacy policy, alongside an address in Fomboni, on the island of Mohéli in the Comoros. That’s the seat of the Mwali International Services Authority, an offshore regulator known for licensing forex brokers with minimal oversight and virtually no client protection if something goes wrong.
Comoros-based registrations like this one are also a favorite target for cloned and fabricated license numbers, which makes independent verification even more important, and even less available. Brokers Alerts could not confirm T2023176 against the regulator’s own records either.
License Verification
- FSCA (South Africa) — 49648
Account Types & Trading Conditions
| Account | Min. Deposit | Max. Leverage | Spread | Commission |
|---|---|---|---|---|
| Standard | $1 | 1:500 | N/A | N/A |
| Pro | $30 | 1:500 | N/A | N/A |
| Zero | $1 | 1:500 | N/A | Commission-based (rate not disclosed) |
NRDX lists three account types: a Standard account with a $1 minimum, a Pro account starting at $30, and a commission-based Zero account also starting at $1. Leverage runs up to 1:500 on forex pairs, among the higher ceilings Brokers Alerts has seen from a broker with deposit minimums this low, and one that can turn a small adverse price move into a wiped account fast for anyone trading at the limit. What NRDX doesn't spell out clearly is how spreads, commissions, or execution actually differ between those three tiers beyond the deposit minimums, so a trader comparing accounts is left guessing at the real cost of trading on each one.
Trading Platforms
Account holders get MetaTrader 5 across desktop, web, and mobile, plus a proprietary web and mobile app called NRDX Trader. MT5 is a known, widely used piece of trading software, so that half of the offering isn’t unusual or concerning on its own. We were able to register and reach the account dashboard seamlessly, and the sign-up flow itself felt no different from any mainstream broker’s. What we couldn’t do was put the platform through a real stress test, because the moment that mattered, the withdrawal, is exactly where things became problematic.
Tradeable Assets
NRDX offers more than 350 instruments spread across forex majors, minors, and exotics, precious metals, energy products, major stock indices, cryptocurrencies, and upward of 200 individual US stocks including large, familiar names. That's a wide spread for a $1-minimum broker, and on paper it competes with much larger platforms on sheer market coverage. NRDX doesn't publish a full instrument list broken down by category, so anyone who needs a specific, less common pair or stock should confirm it's actually tradeable before funding an account.
Deposit & Withdrawal Methods
Funding the account was quick. NRDX accepts cards, several digital wallets, cryptocurrency, and bank wire, and deposits through the faster methods post close to instantly. Its own published policy already sets bank wire withdrawals at five to ten business days before anything goes wrong, which is slower than most brokers Brokers Alerts has reviewed. It’s worth knowing upfront regardless of how the rest of this review reads. In our case, the $100 test withdrawal wasn’t a bank wire, and it still hasn’t moved.
Customer Support
Brokers Alerts wasn’t able to complete a full support test this time. The withdrawal request became the priority once it was halted, and shortly after, nrdx.com stopped loading entirely, which closed off any further contact through the site’s usual channels. What limited contact we had before that point was unremarkable in either direction, neither notably fast nor notably difficult.
Complaint History
As of September, 2026, Brokers Alerts has zero independently confirmed Report a Broker submissions on file for NRDX. That’s tracked separately from the withdrawal test above, which drives the Withdrawal Reliability score on its own regardless of complaint volume. Complaint Record reads as insufficient volume to assess rather than a clean record, since formal monitoring only started when this review opened. Beyond our own case files, a consistent pattern shows up in how other traders describe getting money out of NRDX. We can’t verify individual accounts of that pattern the way we can verify our own test, so it isn’t reflected in the numeric score, but it lines up with what happened when we tried it ourselves.
Withdrawal Test Notes
We opened an account, deposited $100, and submitted a withdrawal request against that balance. The deposit cleared without any issue. The withdrawal has not been paid, rejected, or explained since the request went in. Not long afterward, the entire NRDX website went offline, returning a generic hosting error instead of any of its usual pages, which has made following up even harder than it already was.
Official Domain
Verified official domain: nrdx.com.
Fraud Pattern Checklist
- Withdrawal refusal: Brokers Alerts requested a withdrawal against a live, funded $100 account and received no funds, no rejection, and no explanation.
- Site instability: nrdx.com became completely inaccessible during the course of this review, returning a hosting-level error rather than any functioning page, cutting off the usual channels for following up on the stalled withdrawal.
Pros & Cons
Pros
- Fast, transparent deposits across multiple payment methods.
- A broad range of tradeable instruments, spanning forex, metals, energies, indices, crypto, and US stocks.
- Runs on MetaTrader 5, a platform most traders already know how to use.
Cons
- A live withdrawal request has gone unpaid and unanswered since testing began.
- Neither of NRDX's two claimed licenses could be independently verified against its regulator's own records.
- Two different company names appear across NRDX's own public documents without any explanation of which one actually holds a given client's account.
- The website itself went offline entirely during the course of this review.
- Leverage up to 1:500 with no clear breakdown of how trading costs differ across account tiers.
Where This Broker Falls Short
This broker's weakest area is Withdrawal Reliability, its lowest category score at 1 / 10.
Verdict
FAQ
Is NRDX a scam?
NRDX has an unresolved $100 withdrawal from Brokers Alerts’ own testing, two license claims that couldn’t be independently verified, and a website that went offline during this review. That combination is why NRDX carries a Scam Warning as of September 7, 2026.
Is NRDX regulated?
NRDX cites a South African FSCA license and a separate Comoros registration disclosed only in a bonus terms document. Brokers Alerts could not match either number to NRDX on the relevant regulator’s own public records.
How do I withdraw money from NRDX?
NRDX’s own policy sets bank wire withdrawals at five to ten business days under normal conditions. Brokers Alerts requested a $100 withdrawal as part of routine testing. Nothing, no payment, no denial, no explanation, has followed since the request was filed.
Is nrdx.com down?
NRDX’s website became completely inaccessible during Brokers Alerts’ review, returning a hosting-level error instead of its usual pages. We’ll update this review once, or if, that changes.
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