English

Fx-Nice foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://fx-nice.net/604-2/, about the company's legal and temporary regulatory information, the company's address 71-75 Shelton Street, Covent Garden, London WC 2H9 JQ.

Fx-Nice Forex Broker

Basic Information

Registered Region

United Kingdom

Operating Period

Company Name

Fx-Nice

Abbreviation

Fx-Nice

Company employee

Customer Service Email Address

info@example.com

Contact Number

+447024010699

Company Website

https://fx-nice.net/

Company address

71-75 Shelton Street, Covent Garden, London WC 2H9 JQ

Facebook

https://www.facebook.com/csfxnice

Keywords

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

Company profile

Note: FX-Nices official site - https://fx-nice.net/ is currently not functional. Therefore, we could only gather relevant information from the Internet to present a rough picture of this broker.FX-Nice Review Summary Registered Country/RegionUnited KingdomRegulationNo RegulationMarket InstrumentsForex, Energy, Metals, CryptoDemo AccountAvailableLeverage1:100SpreadMini Account: 3 pipsStandard Account: 2 pipsPremium Account: 1 pipTrading PlatformMT5Minimum Deposit$100Company address71-75 Shelton Street, Covent Garden, London WC 2H9 JQCustomer SupportTel: +44 702 401 0699; Email: info@example.com; FacebookFX-Nice Information FX-Nice is an unregulated brokerage firm that offers a variety of trading accounts with different deposit requirements and trading conditions. The accounts differ in terms of spreads, commissions, and available instruments such as Forex, Energy, Metals, and Crypto via theMetaTrader 5 (MT5) platform.Pros & ConsProsConsHigh LeverageNo RegulationDemo Accounts AvailableCommission ChargedMultiple Account TypesOfficial Website UnavailablePros High Leverage: FX-Nice offers a high leverage ratio of up to 1:500, allowing traders to enter trades of significantly larger value than the capital they possess. Although this can lead to increased profits, it can also amplify potential losses. Demo accounts available: FX-Nice offers demo accounts, allowing users to practice trading without risking real money. This can be beneficial for beginners or those who want to test the platform. Multiple account types: FX-Nice offers three live account types, providing users with the flexibility to choose an account that suits their trading needs. Cons No Regulation: FX-Nice is not regulated, which increases risks for clients as the company doesn't have to adhere to any established financial standards nor offer protections typically required by financial regulators. Commission Charged: Unlike some brokers that offer commission-free trading, FX-Nice charges a a commission of $6 per lot traded in mini account, which renders its services less competitive in comparison. Official Website Unavailable: Fx-Nice's official website is currently unavailable which is unable to provide any further information.Is FX-Nice Legit？Regulatory Sight: Fx-Nice is currently not regulated by any recognized financial authority. Traders should exercise caution and conduct thorough research before engaging with Fx-Nice.User Feedback: Users should check the reviews and feedback from other clients to gain a more comprehensive sight of the broker, or look for reviews on reputable websites and forums.Security Measures: So far we haven't found any information about the security measures for this broker.Market Instruments FX-Nice provides a range of market instruments for trading, including Forex, Energy, Metals, and Cryptocurrencies. The Forex market allows traders to speculate on the exchange rates of various currency pairs. Energy trading involves commodities such as oil and natural gas, allowing investors to participate in the price movements of these crucial energy resources. Metals trading involves precious metals like gold and silver, which are often sought after as safe-haven assets or for industrial purposes. Additionally, FX-Nice offers cryptocurrency trading for investors interested in digital currencies like Bitcoin and Ethereum.Account Types (Min. Deposit, Leverage, Spreads) FX-Nice offers a demo account and three types of live trading accounts: Mini, Standard, and Premium. The Mini Account requires a minimum deposit of $100, has spreads starting from 3 pips, and uses ECN execution with a $6 commission per lot traded. The account offers leverage up to 1:500, trade sizes starting from 0.01 lots, and allows for scalping and hedging. The Standard Account, with a minimum deposit of $2,000, has spreads starting from 2 pips and no additional commission, while the Premium Account, requiring a deposit of $5,000, has spreads starting from 1 pip. Both Standard and Premium accounts also use ECN execution, offer leverage up to 1:500, and allow scalping and hedging. All accounts have a margin call level set between 30% and 40% and no specified maximum number of open trades. Swap-free versions are available for all three account types.Minimum DepositSpreadLeverageMargin Call LevelSwap-freeMini$1003 pips1:50030%-40%AvailableStandard$2,0002 pipsPremium$5,0001 pipCommissions The Mini account at FX-Nice incurs a commission of $6 per lot traded, which is typical within the industry. It is noteworthy that this account, despite having the highest starting spread, is the only one with an added commission. On the other hand, the Standard and Premium accounts utilize a spread-based system with no additional commissions. Furthermore, swap fees, which are interest charges for holding trades overnight, apply to the Standard and Premium accounts, although swap-free versions of these accounts are offered as well.Trading Platform FX-Nice provides the MetaTrader 5 (MT5) trading platform for its clients. MT5 is a popular and widely-used platform in the trading industry known for its advanced features and capabilities. It offers a range of tools for technical analysis, charting, and automated trading strategies, making it a versatile option for traders of varying experience levels.Customer Support Fx-Nice offers multiple ways to connect to them.Tel: +44 702 401 0699Email: info@example.comSocial Media: FacebookCompany Address: 71-75 Shelton Street, Covent Garden, London WC 2H9 JQConclusion In conclusion, FX-Nice offers a range of trading accounts and instruments through the MetaTrader 5 platform, providing traders with various options for their trading needs. However, it is important to highlight the lack of regulation of FX-Nice, which raises concerns regarding the safety and security of client funds. Additionally, the unfunctional official website of the firm may hinder traders' ability to access important information and support services. Potential clients should carefully consider these factors before deciding to engage with FX-Nice for their trading activities.Frequently Asked Questions (FAQs) Is FX-Nice regulated？ No. FX-Nice is not regulated. What are the available account types on FX-Nice？ FX-Nice offers Mini, Standard, and Premium trading accounts with varying features and minimum deposit requirements. Are there any commissions applied to trades on FX-Nice？ The Mini account incurs a commission of $6 per lot traded, while the Standard and Premium accounts operate on a spread-based system. What trading platform does FX-Nice use？ MetaTrader 5 (MT5). What financial markets can be accessed through FX-Nice？ Traders on FX-Nice can access the Forex, Energy, Metals, and Cryptocurrency markets.Risk Warning Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies.

Fx-Nice broker review

Is Fx-Nice safe or scam

Rating Index

FX Nice Forex Broker - Complete Information Guide

1. Broker Overview

　　FX Nice, officially known as Venture Securities Limited, was established in 2016. The broker is headquartered in the United States, with additional operational offices in Honduras. As a private entity, FX Nice serves a diverse clientele, including both retail and institutional traders, providing a platform for trading various financial instruments.

　　Since its inception, FX Nice has made significant strides in the forex market, establishing itself as a notable player over the years. The company has focused on offering competitive trading conditions and a wide range of products to its clients. With a commitment to transparency and customer service, FX Nice aims to provide an effective trading experience.

　　The firm operates primarily in the retail forex market, catering to individual traders looking for opportunities in currency trading, commodities, and CFDs. FX Nice employs an ECN (Electronic Communication Network) model, allowing for direct market access and competitive pricing.

2. Regulatory and Compliance Information

　　FX Nice is regulated by the International Financial Services Commission of Honduras (IFSCH). The regulatory number associated with FX Nice is 588121. The license obtained from the IFSCH allows FX Nice to operate within the parameters set by the Honduran regulatory framework.

　　While the broker claims to adhere to the regulations, it is important to note that the regulatory environment in Honduras is often viewed as less stringent compared to other jurisdictions. As such, clients should exercise caution when engaging with FX Nice.

　　The company implements a segregated accounts policy, ensuring that client funds are kept separate from operational funds, which are held in reputable banks across Europe and Mauritius. FX Nice does not participate in any investor compensation schemes, which raises concerns regarding the safety of client investments.

　　To comply with international standards, FX Nice follows Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations, aiming to prevent fraudulent activities and ensure the legitimacy of its clients.

3. Trading Products and Services

　　FX Nice offers a wide array of trading products, including over 70 currency pairs, covering major, minor, and exotic pairs. Additionally, the broker provides access to a variety of CFD products, including indices, commodities, precious metals, and cryptocurrencies. This diverse range allows traders to explore multiple asset classes and capitalize on various market opportunities.

　　The broker frequently updates its product offerings, ensuring that clients have access to the latest trading instruments. Retail clients can engage in trading services that are tailored to their needs, while institutional clients may also find solutions suitable for their trading strategies.

　　FX Nice does not currently offer white-label solutions or asset management services, focusing primarily on its trading platform and direct client services.

4. Trading Platforms and Technology

　　FX Nice supports the widely-used MetaTrader 4 (MT4) and MetaTrader 5 (MT5) trading platforms. These platforms are known for their robust features, including advanced charting tools, technical indicators, and automated trading capabilities through Expert Advisors (EAs).

　　The broker does not have its proprietary trading platform, but the MT4 and MT5 platforms offer traders a reliable and user-friendly environment for executing trades. Both platforms are accessible via desktop, web, and mobile applications, catering to traders on various devices.

　　FX Nice operates under an ECN execution model, providing clients with direct access to market liquidity. The broker's servers are strategically located to ensure fast execution speeds and minimal latency for traders. Furthermore, FX Nice supports API integration for automated trading, allowing clients to implement their trading strategies seamlessly.

5. Account Types and Trading Conditions

　　FX Nice offers three primary account types: Mini, Standard, and Premium.

Mini Account: Requires a minimum deposit of $100, with spreads starting from 3 pips and a commission of $6 per lot traded.
Standard Account: Requires a minimum deposit of $2,000, with spreads from 2 pips and no additional commission.
Premium Account: Requires a minimum deposit of $5,000, with spreads starting from 1 pip and also no commission.

　　All account types allow for a maximum leverage of 1:500, providing traders with significant trading power. The minimum trade size across accounts starts at 0.01 lots, allowing for micro-lot trading.

　　FX Nice does not offer a demo account, which may be a limitation for new traders wishing to practice their strategies before committing real funds. The broker's overnight fees are applicable based on the account type and market conditions.

6. Fund Management

　　FX Nice supports various deposit methods, including bank transfers, credit cards, and e-wallets such as Skrill and Neteller. The minimum deposit requirement is $100 for the Mini Account, with higher amounts required for Standard and Premium Accounts.

　　Deposit processing times vary, but typically, transactions are completed within a few hours to 3 days, depending on the method used. FX Nice does not specify any deposit fees, although clients should be aware of potential charges from their payment providers.

　　Withdrawal options mirror the deposit methods, allowing clients to withdraw funds via credit cards, bank transfers, and e-wallets. Withdrawal processing times also range from a few hours to 3 days. However, FX Nice does not provide clear information regarding withdrawal fees, which may apply based on the method chosen.

7. Customer Support and Educational Resources

　　FX Nice offers multiple support channels, including telephone, email, and online chat. Customer service is available 24/5, catering to traders across different time zones. The broker provides support in multiple languages, ensuring effective communication with its diverse client base.

　　In terms of educational resources, FX Nice offers webinars, tutorials, and market analysis services. These resources aim to equip traders with the knowledge and skills necessary to navigate the forex and CFD markets successfully. Additionally, the broker provides trading tools such as calculators, economic calendars, and signal services to assist traders in making informed decisions.

8. Regional Coverage and Restrictions

　　FX Nice primarily serves clients in North America and other regions, with an emphasis on the Honduran market. The broker has operational offices in the United States and Honduras, facilitating its service offerings.

　　However, FX Nice does not accept clients from certain jurisdictions, including the European Union, Australia, and other regions where regulatory restrictions apply. This limitation is essential for potential clients to consider before opening an account.

　　In conclusion, FX Nice presents a range of trading options and services suitable for various clients. However, individuals should carefully evaluate the broker's regulatory standing and operational practices before engaging in trading activities. As always, thorough research and consideration of potential risks are crucial when selecting a forex broker.

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