NAVIFX Forex Broker

NAVIFXReview SummaryFounded2014Registered Country/RegionChinaRegulationNo regulationMarket InstrumentsForex, precious metals, CFDs, and Stock IndexesDemo Account✅Leverage/EUR/USDSpread0.0001 pipsTrading PlatformMT4Min Deposit$1,000Customer SupportContact formEmail: info@navifx.com, cs@navifx.comWechat, Line NAVIFX was registered in 2014 in China, offering trading in forex, precious metals, CFDs, and stocks. NAVIFX uses MT4 as its trading platform, and it offers demo accounts. However, it is not regulated, and the official website does not reveal much information about account details.Pros and ConsPros Cons Various market instrumentsLack of regulationDemo accountsNo Islamic accountMT4 providedHigh minimum depositNo info on payment methodsLimited customer support channelsIs NAVIFX Legit? No, NAVIFX is not regulated by the financial services regulatory authority in China, which means that the company lacks regulation from its registration site. Moreover, the current status shows that activities such as client transferring and updating are prohibited.What Can I Trade on NAVIFX? NAVIFX mainly provides trading in forex, metals, CFDs, and stock indexes.Tradable Instruments Supported Forex✔CFDs✔Metals✔Stock Indexes✔Commodities❌Cryptos❌Bonds❌Options❌ETFs❌Spread For the conventional currency pairs, such as EUR/USD, the spread is from 0.0001 pips.Trading Platform NAVIFX uses MT4 as its trading platform, which is suitable for beginners.Trading PlatformSupported Available Devices Suitable forMT4✔Web, desktop, mobileBeginnersMT5❌/Experienced traders