NAVIFX Forex Broker

NAVIFX Review Summary Founded2014 Registered Country/RegionChina RegulationUnregulated Market InstrumentsForex, Precious metals, CFDs, Indices and Shares Demo AccountAvailable Trading PlatformMT4 Desktop, MT4 Mobile, MT4 Web Customer SupportPhone: Not provided Email: cs@navifx.com, info@navifx.com 24/7 Online Chat:yes Physical Address: Not providedNAVIFX Information Established in 2014, Navifx runs free from control from its Chinese headquarters. It offers equities, CFDs, indices, precious metals, and currency. The platform supports MT4 on desktop, mobile, and web as well as offers demos for MT4. Email and 24/7 online chat provide customer care; phone help and a physical address are not offered.Pros and Cons ProsCons Offers main trading instruments(Forex, Shares.etc)Unregulated Provides Demo accountDoesn't provide leverage Provide famous trading platform MT4Limited customer support waysIs NAVIFX Legit? NAVIFX is unregulated.What Can I Trade on NAVIFX? NAVIFX provides a diverse selection of tradable products, including:70+ currency pairs, noble metals like Gold , CFD commodities(Brent crude oil, U.S. crudeoil, crude oil) and stock indices. Tradable InstrumentsSupported Forex✔ Noble metals✔ Stock Index✔ CFDs commodities✔ ETF❌ Bonds❌Account Types NAVIFX doesn't mention the information about accounts.But a demo account is available.NAVIFX Fees NAVIFX provides ways to calculate the pip value of each product. Pip Value = Contract Size * Tick Size * Quote Currency Rate InstrumentSpreadPoint Value USD/CHF1 pip$10.50 GBP/JPY1 pip$8.38 GBP/NZD1 pip$6.79 AUD/CHF1 pip$10.50 EUR/AUD1 pip$7.25 USD/CAD1 pip$7.74 USD/TRY1 pip$3.46 EUR/SEK1 pip$1.21 USD/CNH1 pip$1.57 D30EUR1 pip$11.37Trading Platform NAVIFX offers the well-known MetaTrader 4 platform, available for Desktop(including Apple Mac), Mobile(Android and Iphone terminal), and WebTrader. Trading PlatformSupportedAvailable DevicesSuitable for MetaTrader 4✔Desktop, Mobile, WebAll traders, especially technical traders MetaTrader 5❌ Unique trading app❌Deposit and Withdrawal NAVIFX doesn't mention deposit and withdrawal information.