I appreciate Allan Smith’s review—it’s a huge help. I’m definitely steering clear of this questionable operation with its sketchy contract. If you’re a trader considering a prop firm, make sure to thoroughly review the contracts beforehand.
Kariane Kautzer
4 months ago
They assured former Tradiac customers that they would honor commitments, but it seems they are about to go back on that with the closure of assessment accounts inherited from Tradiac. I reached out via email to express my concerns, yet all I received was a perplexing response that didn’t address my issue at all. When I brought this up on their Discord channel, they promptly removed me. This kind of behavior is simply disgraceful. Regardless of what others might say in their reviews (and I’ve acted in good faith throughout this ordeal), let me, someone with experience in various so-called “prop firms,” warn you that they operate much like a Ponzi scheme. I sincerely hope that the upcoming regulations will put a stop to actions like this.
Update: I got a response from a gentleman at Nordic (the same person who overlooked my previous email back in November, replying with irrelevant nonsense). The message informed me that my removal from Discord resulted from “breaching community rules.” All I did was question their conduct. Furthermore, the email asserted that Nordic (and Tradiac) can modify their terms and conditions as they see fit, referring to a clause that says they can do so “at their sole discretion.” Anyone familiar with legal norms knows that such clauses are often void or unenforceable in civilized jurisdictions, and rightly so—they undermine the integrity of contracts and promote bad faith, particularly in B2C relationships where agreements are typically pro forma. Nonetheless, they continue to depend on this clause. The arrogance is astonishing; the email even suggested that I need to “govern myself,” implying that it’s “disrespectful” for a paying customer (to whom promises were made) to call them out for their clear dishonesty or unethical practices. Apparently, I should learn to “govern myself” when expressing legitimate concerns.
Be cautious—while you may receive payouts, they will treat you well to extract more assessment fees if you fail their challenges. However, if you do anything that doesn’t align with their desires, or merely require them to meet their obligations—whether implied or explicit—they’ll simply claim, “we can amend any term of this agreement at our sole discretion” to evade those responsibilities.
They also assert that I am the only client dissatisfied with their approach. I’m aware of at least one other client who feels just as frustrated with their behavior (they simply don’t want to engage with those who approach contractual arrangements this way), so that claim is patently false.
I’m anticipating a response from them regarding this review (which they have every right to do). I will reply in turn. I have nothing to conceal in this situation, and if they allege that I have been “disrespectful,” I invite them to share any of our communications, verbatim, so that readers can form their own opinions based on the evidence.
One would think that after paying significant fees for a demo account, a certain level of respect would be expected. Unfortunately, that doesn’t seem to be the case at Nordic. Imagine dining at a restaurant, receiving cold food, voicing your complaint, and then being told by the owner that they can serve cold food “at their absolute and sole discretion,” while calling your complaint “disrespectful” and “slander.” The level of entitlement displayed is remarkable.
If you’ve been profitable with them—great. Just don’t earn too much—given their actions, I wouldn’t put it past them to withhold payments by invoking their clause stating they are allowed to refuse payment “at their absolute and sole discretion.”
Clifford Kihn
5 months ago
This trading firm really stands out. The team here is not only friendly but also quick to respond to any questions I throw their way. After facing several rejected payouts from other firms, I decided to give this one a shot—and I’m really pleased I did. They’ve handled my withdrawals efficiently, processing them without a hitch. So far, I’ve successfully received two payouts from them, and honestly, I’ve had no problems at all. I don’t have any complaints, and I’d rate them a solid 5 out of 5.
Coty Hagenes
5 months ago
I had a really positive experience with Nordic. Their customer service team is not only friendly but also very responsive, always ready to assist with any issues that arise. I found the payout system to be both smooth and secure, which sets them apart in the world of proprietary trading firms. Great job, Nordic!
Kali Homenick
5 months ago
I highly recommend Nordic Funder. Their platform and pricing are impressive, particularly when you consider Scandinavian Capital Markets, which offers some of the best execution I’ve experienced. Additionally, the support team is excellent, responding quickly to any inquiries. If you’re searching for a reputable proprietary trading firm backed by a top-tier broker, this is definitely a firm worth considering.
Rhiannon Cummings
I appreciate Allan Smith’s review—it’s a huge help. I’m definitely steering clear of this questionable operation with its sketchy contract. If you’re a trader considering a prop firm, make sure to thoroughly review the contracts beforehand.