REVIEWS
Nixse Review 2022
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Nixse is an online forex and CFD broker that was founded in 2021 and is currently based in St. Vincent and the Grenadines.
The broker is operated by Nixse Ltd, and its focus in the industry is to empower traders with services that unfold hundreds of opportunities in the global market, with more than 10,000+ tradable assets in CFDs across forex, commodities, metals, shares, and cryptocurrencies.
| Nixse Main Features | |
|---|---|
| 🗺️Established in: | 2021 |
| 🏢Headquarters: | St. Vincent and the Grenadines |
| ⚖️Regulations: | SVGFSA |
| ⚖️Country of regulation: | St. Vincent and the Grenadines |
| 💰Minimum Deposit: | $250 |
| 🖥Platforms: | Proprietary Web-Based Platform |
| 🎮Demo Account Available: | Yes |
| 💱Leverage: | 1:400 |
| 💰Withdrawal fee amount: | No |
| 💰Inactivity Fee: | No |
Global markets are more accessible than one might think. Nixse allows its clients to trade more than just currencies. Using their proprietary platform, you access American and European markets, allowing you to trade stocks and indices as well.
The forex broker offers the best-traded indices such as DAX, Dow Jones, FTSE, and S&P. Traders can access the energy markets and other commodities, along with global stock companies in without complexity.
| Pros | Cons |
|---|---|
| • Great proprietary trading platform | • High CFD fees |
| • The broad product portfolio of more than 500+ CFDs | • High minimum deposit |
| • Execution Transparency | • No 24/7 support availability |
| • High Leverage |
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Safety & Regulation
Nixse is a fairly new broker in the market and still doesn’t hold any major license from top-tier regulators like the FCA, ASIC, or CySEC. However, its operation is monitored by the SVGFSA, and the broker is obligated to follow all standard AML and KYC policies.
Is Nixse Safe or a Scam?
Even though the broker is not regulated by a top-tier regulator, Nixse is considered a safe broker to trade with as it maintains all safety, AML, and KYC standards. The company is also very straightforward and transparent with its execution policy and is regulated by the SVGFSA with operating business number 25973BC2020.
The broker also offers negative balance protection to its VIP clients.
Furthermore, there is no trail of bad history or malicious misconduct towards clients or any manipulation of funds.
Accepted Countries
Nixse can offer its services to everyone, except residents of the U.S, Iraq, and North Korea. Keep in mind though that, You are responsible for ensuring that all services and activities of Nixse.com are authorized in your jurisdiction.
Fees
Nixse has relatively high trading fees overall. The fee structure differs among various account types, and it is not very transparent in order to calculate costs easily.
Also, you are required a higher minimum deposit to get access to lower spreads and better service. This contradicts the statement for supporting new traders to gain access to the market easily.
Furthermore, the broker does not charge any commission for trading.
Leverage
The maximum leverage level of Nixse is 1:400, which is considered relatively high and offers a good trading advantage.
What is Nixse’s Minimum Deposit?
The minimum deposit required is $250 or equivalent. However, in order to get access to better service and lower spreads the minimum deposit goes up to $1,000,000.
Account Opening
This online broker provides seven different trading accounts for its clients, the Newcomer Account, the Standard Account, the Blaze Account, the Turbo Account, the VIP Exclusive Account, the VIP Gold Account, and the VIP Platinum Account for really high-end traders. Based on the account type, traders can get access to better spreads and leverage levels.
At Nixse, all possible measures are taken to ensure that client funds and data remain secure.
Here are the account types in more detail:
Newcomer Account
Min. Deposit USD 250
- Basic Markets
- Antagonistic Pricing
- Robust NX Trader
- Mobile Trading
- Secure Ordering
- Responsive Support
- Education Tools
- 400:1 Leverage
Standard Account
Min. Deposit USD 15,000
- Basic Markets
- Antagonistic Pricing
- Robust NX Trader
- Mobile Trading
- Secure Ordering
- Responsive Support
- Education Tools
- 400:1 Leverage
Blaze Account
Min. Deposit USD 50,000
- More Markets
- Antagonistic Pricing
- Robust NX Trader
- Mobile Trading
- Secure Ordering
- Responsive Support
- Education Tools
- 400:1 Leverage
Turbo Account
Min. Deposit USD 100,000
- Advanced Markets
- Comprehensive analysis
- Robust NX Trader
- Mobile Trading
- Secure Ordering
- Responsive Support
- Education Tools
- 400:1 Leverage
VIP Exclusive Account
Min. Deposit USD 500,000
- Markets of your choice
- No limitations on lots traded, no extra charges
- 0 Fees On Deposit
- Advanced Education
- Islamic Accounts
- Daily technical signals
- Daily comprehensive analysis
- Advanced execution orders
VIP Gold Account
Min. Deposit USD 1,000,000
- Markets of your choice
- No limitations on lots traded, no extra charges
- 0 Fees On Deposit
- Advanced Education
- Islamic Accounts
- Daily technical signals
- Daily comprehensive analysis
- Advanced execution orders
VIP Platinum Account
USD 10,000,000
- Markets of your choice
- No limitations on lots traded
- Access to Events & Seminars
- 0 Fees On Deposit
- Advanced Education
- Islamic Accounts
- Daily technical signals
- Daily comprehensive analysis
- Advanced execution orders
Deposit & Withdrawal
The broker provides different payment methods to fund your trading account. All deposits and withdrawals are processed depending on the level of priority of each account type.
Account Base Currencies
The accounts are only in USD
Deposit Methods available
- Credit\Debit Card
- Bank Transfer
- E-wallets
How to make a deposit?
There are several payment methods offered, from Credit Card, Wire Transfer, as well as several forms of e-payment.
- The first step is logging into your account, then go to the ‘Deposit’ section
- Click on your preferred method, enter the amount you wish to deposit, and add the payment method details into the fields
- Click on ‘Deposit’
Trading Platforms
While most of the new brokers out there use the vanilla and most used MetaTrader 4(MT4) or MetaTrader 5(MT5) platforms, Nixse has had time to invest in creating its own proprietary investing platform.
The broker has invested massive amounts of time and resources into creating a platform that benefits traders the most. The interface is easy to understand, and the technical analysis tools are extremely powerful, especially for new traders.
However, the platform is only available via a web browser and can work on both mobile and desktop versions.
Markets & Financial Instruments
The broker offers CFD trading in more than 10,000+ assets, with more being added constantly. These individual assets fall under the following asset classes:
- Currencies
- Stocks
- Indices
- Commodities
- Cryptocurrencies
The offerings are more than sufficient to have something for everyone, and never miss a market opportunity. Whether you like to trade fiat currencies or cryptocurrencies, stocks or indices, or even volatile commodities, there is something to trade on the platform.
Customer Service
Nixse offers several different means of communication for you to reach out to their customer support team. You will find that most means of communication provide lively and fast responses from a team who are highly trained to accommodate all traders’ needs, regardless of the client’s trading experience.
Means Of Communication
- Live Chat
- Email Support ([email protected])
- Phone Support (+18778977939)
Client Education
Client education is a very important part of a trader’s journey and Nixse takes that seriously.
Once the minimum deposit is met, clients get access to the company’s education center and resources, which is equipped with everything a trader needs to educate himself with new techniques and strategies.
Client education is a very important part of a trader’s journey and Nixse takes that seriously.
Conclusion
Nixse is a CFD and Forex broker that was founded in 2021 and is headquartered in St. Vincent and the Grenadines. This Forex trading broker provides seven different trading accounts and floating spreads, along with access to more than 1,500+ different financial assets.
Overall, Nixse is a legitimate online broker that is worth trading with.
Methodology
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Our reviews are a combination of data research and working alongside the brokers. All information provided by the brokers are double-checked to guarantee 100% accuracy and that we remain unbiased.
2023 Review Methodology
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While encouraged, broker participation was optional. Each broker had the opportunity to complete an in-depth data profile and provide executive time (live in person or over the web) for an annual update meeting.
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Forex Risk Disclaimer
There is a very high degree of risk involved in trading securities. With respect to margin-based foreign exchange trading, off-exchange derivatives, and cryptocurrencies, there is considerable exposure to risk, including but not limited to, leverage, creditworthiness, limited regulatory protection, and market volatility that may substantially affect the price or liquidity of a currency or related instrument. It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable, or that they will not result in losses. Learn more at Wikipedia.
Chad Smith
Director of Research & Analysis
Chad Smith is the Director of Research & Analysis here at ForexBrokerListing.com.
Chad previously served as an Editor for a number of websites related to finance and trading, where he authored a significant number of published articles about trading and the impact of technology in transforming investing as we know it.
Overall, Chad is an active fintech and crypto industry researcher with more than 15 years of trading experience, and you can find him teaching his dog how to trade in his free time.