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NordFX Launches DeFi-Powered Savings Account

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Written By
William Berg
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Written By
William Berg
Securities Law Expert
William contributes to several investment websites, leveraging his experience as a consultant for IPOs in the Nordic market and background providing localization for forex trading software. William has worked as a writer and fact-checker for a long row of financial publications.
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James Barra
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James Barra
Head of Content
James is Head of Content and a brokerage expert with a background in financial services. A former management consultant, he's worked on major operational transformation programmes at top European banks. A trusted industry name, James's work at DayTrading.com has been cited in publications like Business Insider.
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Fact Checked By
Tobias Robinson
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Fact Checked By
Tobias Robinson
CEO and Head of Broker Testing Panel
Tobias is the CEO of DayTrading.com, an active investor, and a brokerage expert. He has over 30 years of experience in financial services, including supervising the reviews of more than 500 trading brokers, and contributing via CySEC to the regulatory response to digital options and CFD trading in Europe. Tobias' expertise make him a trusted voice in the industry, where he's been quoted in various financial organizations and outlets, including the Nasdaq.
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Updated
Mar 5, 2026

Published on: May 9, 2021

The new savings account from NordFX leverages DeFi technology to generate passive income. Clients can also boost profits in the financial markets by taking a trading loan at 3%. Find out how the latest investing solution works.

NordFX Savings Account

DeFi, or decentralised finance, refers to blockchain-based applications that seek to remove financial intermediaries. Increasingly popular in the crypto space, DeFi apps hand financial control back to the user. They’re also being used to generate impressive returns.

Developers at NordFX have made DeFi the cornerstone of their new savings account. Clients benefit from returns much higher than typical interest on bank accounts. While passive income on the investments may vary, traders are currently receiving approximately 30% per annum. Profits are credited to the trader’s account each day and can be withdrawn with zero restrictions.

NordFX DeFi trading

One notable advantage of the NordFX savings account is the ability to take a trading loan based on the funds deposited. 3% interest is charged on the loan but this is deducted from investment returns. The loaned capital is made available instantly and can be used to trade on forex and CFD markets.

The new savings account uses Tether (USDT) as its account currency. The stablecoin is among the most popular crypto worldwide and is pegged to the US Dollar at a ratio of 1:1. Deposits into the NordFX savings account can also be made via alternative stablecoins; USDC and DAI.

About NordFX

NordFX is an established name in the retail trading space, providing a string of currencies, precious metals and a collection of cryptos, including Bitcoin. The broker also offers ultra-tight spreads starting at zero pips.

Clients can analyse the financial markets using the MetaTrader 4 platform. MT4 can be downloaded for free to desktop and mobile devices. The broker also attracts attention for its bonuses and promos with large cash prizes up for grabs.

NordFX forex trading
MetaTrader 4

NordFX is a popular trading broker offering instant access to leading markets. Alongside its selection of live accounts, users can now turn to the broker’s new savings account to generate a passive income stream.

Your capital is at risk. Trade only with funds you can afford to lose.
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Founded in 2008, NordFX is an offshore CFD broker offering forex, stock, commodities, indices and crypto trading to over 1.7 million clients in 190 countries. Traders access markets through the MT4 and MT5 platforms and benefit from low commissions, spreads from zero and decent extra features. Minimum deposits start from just $10 and very high leverage is available up to 1:1000.