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Naxex Invest Forex broker specializes in providing foreign exchange trading services, the company's official website https://www.naxexinv..., the company's legitimate regulatory information CyprusCYSECMarket Maker (MM) to enhance the security of the company's address Annissa Court 134 Agias Fylaxeos & Amisou Street 4th Floor 3087 Limassol, Cyprus

Naxex Invest Forex Broker

Basic Information

Registered Region
Cyprus
Operating Period
--
Company Name
Naxex Invest Ltd
Abbreviation
Naxex Invest
Company employee
--
Contact Number
+35722300500
Company address
Annissa Court 134 Agias Fylaxeos & Amisou Street 4th Floor 3087 Limassol, Cyprus
Keywords
10-15 years
Regulated in Cyprus
Market Maker (MM)
Suspicious Scope of Business
Medium potential risk

Company profile

Naxex Invest Review SummaryFounded2021Registered Country/RegionCyprusRegulationCYSECMarket InstrumentsForex, Metals, Indices, Shares, Currencies, ETFs, Commodities, CryptocurrenciesServices and toolsBack Office & AML – KYC assistanceInvestment ResearchAutochartistFully integrated CRMPSP IntroductionCustomer SupportPhone: +357 22 300 500Email: info@naxexinvest.comPhysical Address: Naxex Invest Ltd Artemisia Business Centre 14 Charalampou Mouskou Street 2nd Floor, Office 202 2014 Nicosia, CyprusNaxex Invest Information Naxex Invest, founded in 2021, is an investment firm registered in Cyprus. It provides forex, metals, indices, shares, currencies, ETFs, commodities, cryptocurrencies for traders to trade. It also provides tools and solutions for clients. It is regulated by CYSEC.Pros and ConsPros Cons RegulatedNot much information providedWide range of trading instrumentsLimited customer servicesMultiple services offeredLack of trading softwareIs Naxex Invest Legit? Naxex Invest is regulated by CSEC.Regulated CountryRegulated AuthorityRegulated EntityLicense TypeLicense NumberCurrent StatusCyprusCYSECNaxex Invest LtdMarket Making(MM)161/11RegulatedWhat Can I Trade on Naxex Invest? Naxex Invest offers traders forex, metals, indices, shares, currencies, ETFs, commodities, cryptocurrencies.Tradable Instruments Supported Forex✔Commodities✔Shares✔ETFs✔Cryptocurrencies✔Currencies✔Metals✔Indices✔Futures❌Options❌Services and Tools Naxex Invest provides tools and solutions for clients to help them optimize their business by increasing productivity and minimizing costs. The services and tools conclude: Back Office & AML – KYC assistance Investment Research Autochartist Fully integrated CRM PSP Introduction

Rating Index

How to login to Naxex Invest?
naxex invest Complete Account Guide: Registration, Account Opening, and Login Processes Navigating the world of online trading can be daunting, especially with the myriad of platforms available. This comprehensive guide will walk you through the essential processes of registering, opening an account

  

Naxex Invest Forex Broker - Complete Information Guide

  

1. Broker Overview

  Naxex Invest Ltd, established in 2021, is a Cyprus-based investment firm that operates under the regulatory oversight of the Cyprus Securities and Exchange Commission (CySEC). The company is registered at Annissa Court, 134 Agias Fylax EOS & Amis OU Street, 4th Floor, 3087 Limassol, Cyprus. As a private entity, Naxex Invest focuses on providing trading services primarily within the foreign exchange (forex) and Contract for Difference (CFD) markets.

  Since its inception, Naxex Invest has aimed to cater to both retail and institutional clients, offering a variety of trading products and services. The firm has made significant strides in establishing itself within the competitive forex landscape, emphasizing transparency, competitive pricing, and robust trading technology. Naxex Invest operates a market-making model, which allows it to provide liquidity across various asset classes.

  The company's development has been marked by its commitment to enhancing client experience and optimizing trading conditions. By leveraging state-of-the-art technology, Naxex Invest seeks to deliver superior execution and personalized support tailored to the needs of its clients. As a relatively new broker, its reputation is still in the process of being established, but it has already begun to attract a diverse clientele.

  Naxex Invest broker is committed to providing a comprehensive trading environment that empowers clients to achieve their financial goals, supported by a range of educational resources and advanced trading tools.

  

2. Regulatory and Compliance Information

  Naxex Invest Ltd is regulated by CySEC, holding a license with the number 161/11. This regulation ensures that the firm adheres to strict operational standards designed to protect investors and maintain market integrity. The license was granted on December 27, 2011, and is valid for the provision of investment services in accordance with the Markets in Financial Instruments Directive (MiFID).

  The firm maintains a clear separation of client funds from its operational funds, ensuring that investors' capital is safeguarded in the event of financial difficulties. This practice is a fundamental aspect of Naxex Invest's commitment to client security. However, it is important to note that there is no participation in an investor compensation fund, which could provide additional security for clients in case of insolvency.

  Naxex Invest implements comprehensive Know Your Customer (KYC) and Anti-Money Laundering (AML) measures in compliance with regulatory requirements. These protocols are designed to verify the identity of clients and prevent fraudulent activities, thereby enhancing the overall security of the trading environment.

  As a Naxex Invest broker, it is crucial for clients to understand the regulatory framework under which the firm operates, as it impacts the safety and transparency of their trading activities.

  

3. Trading Products and Services

  Naxex Invest offers a diverse range of trading products, catering to various investment preferences. The firm provides access to over 49 forex pairs, including major, minor, and exotic currency pairs. This extensive selection allows traders to capitalize on global currency fluctuations and market opportunities.

  In addition to forex, Naxex Invest provides a variety of CFD products across different asset classes:

  • Indices: Clients can trade major global indices, including the German DAX, Dow Jones, and FTSE 100.
  • Commodities: The platform offers trading in key commodities, such as energy resources, precious metals, and agricultural products.
  • Stocks and ETFs: Naxex Invest allows clients to trade shares and exchange-traded funds (ETFs) from prominent global exchanges.
  • Cryptocurrencies: The broker provides high liquidity on leading cryptocurrencies, including Bitcoin (BTC) and Ethereum (ETH).

  Naxex Invest is committed to regularly updating its product offerings to meet the evolving needs of traders. The firm aims to introduce new trading instruments and enhance existing ones based on market demand and client feedback.

  For retail traders, Naxex Invest offers a streamlined trading experience, while institutional clients can benefit from tailored services designed to meet their specific requirements. The broker also provides white-label solutions and asset management services to further support its institutional clientele.

  

4. Trading Platforms and Technology

  Naxex Invest primarily utilizes the MetaTrader 4 (MT4) platform, which is widely recognized for its user-friendly interface and advanced trading capabilities. The platform supports various operating systems, including Windows, iOS, and Android, allowing traders to access their accounts from multiple devices seamlessly.

  In addition to MT4, Naxex Invest has developed its proprietary trading platform. This platform is designed to enhance the trading experience by offering advanced charting tools, automated trading features, and real-time market data. The integration of cutting-edge technology ensures that traders can execute their strategies effectively and efficiently.

  The broker operates on a market-making execution model, which enables it to provide competitive pricing and fast order execution. The technological infrastructure is designed to minimize latency and optimize trade execution, ensuring that clients receive the best possible trading conditions.

  Naxex Invest supports API integrations, allowing clients to connect their trading systems and automate their trading strategies. This capability is particularly beneficial for professional traders and institutions seeking to enhance their trading operations through automation.

  As a Naxex Invest broker, the emphasis on technology and platform reliability plays a crucial role in delivering a superior trading environment for clients.

  

5. Account Types and Trading Conditions

  Naxex Invest offers a single standard account type, which simplifies the trading experience for clients. The account features a minimum deposit requirement of $100, making it accessible for new traders.

  Key trading conditions include:

  • Spreads: Variable spreads starting from 1-3 pips on major currency pairs.
  • Commission: Commissions vary depending on the asset class, with forex commissions starting at $3 per round turn.
  • Leverage: The broker offers leverage of up to 1:500, allowing traders to control larger positions with a smaller capital outlay. However, it is essential to use leverage responsibly due to the increased risk of significant losses.
  • Minimum Trade Size: The minimum position size is 0.01 lots, accommodating both small and large traders.

  Naxex Invest does not currently offer specialized account types such as VIP or Islamic accounts, which may limit options for specific trading preferences. The absence of a demo account policy is also noted, which could be a drawback for beginners seeking to practice trading strategies without financial risk.

  Overall, the trading conditions provided by Naxex Invest are designed to cater to a broad range of traders while maintaining flexibility in trading strategies.

  

6. Fund Management

  Naxex Invest supports various deposit methods to facilitate seamless fund management for clients. Accepted payment methods include:

  • Bank Transfers
  • Credit/Debit Cards
  • E-Wallets

  The minimum deposit requirement is $100 for the standard account, while the processing time for deposits is typically within 24 hours. However, a 2% fee is charged on all deposits and withdrawals, which may impact overall trading costs.

  Withdrawals can be made using the same methods as deposits, with a minimum withdrawal limit of $50. The processing time for withdrawals is generally within 48 hours. Clients should be aware of the associated fees when managing their funds, as the 2% fee applies to all withdrawal transactions.

  Naxex Invest aims to provide a transparent and efficient fund management process, ensuring that clients can easily deposit and withdraw their funds as needed.

  

7. Customer Support and Educational Resources

  Naxex Invest offers a range of customer support channels to assist clients effectively. Support options include:

  • Phone: Available at +357 22 300 500
  • Email: Clients can contact support through the email provided on the website.
  • Live Chat: Available for immediate assistance during business hours.
  • Social Media: The broker maintains a presence on various social media platforms.

  Customer support operates 24 hours a day, ensuring that clients can receive assistance at any time. The support team is multilingual, catering to a diverse clientele.

  In terms of educational resources, Naxex Invest provides various tools to enhance traders' knowledge and skills. These include:

  • Webinars: Regularly scheduled sessions covering various trading topics.
  • Tutorials: Educational materials available on the website to assist traders in understanding the platform and trading strategies.
  • Market Analysis: Daily market analysis reports and insights to keep clients informed about market trends and developments.

  Naxex Invest recognizes the importance of education in trading success and strives to equip clients with the necessary resources to make informed trading decisions.

  

8. Regional Coverage and Restrictions

  Naxex Invest primarily serves clients in Europe and other select regions. The firm has established its operational presence in Cyprus, which serves as its main hub for client services.

  However, certain countries may have restrictions on trading with Naxex Invest due to local regulations. Specific countries or regions where client accounts may not be accepted include those under economic sanctions or those that do not permit foreign brokerage services.

  Naxex Invest is committed to adhering to legal requirements and ensuring compliance with regional regulations, which may affect its ability to offer services in specific jurisdictions.

  In conclusion, Naxex Invest Ltd presents itself as a regulated broker offering a range of trading products and services to a diverse clientele. While it operates under CySEC's regulation, potential clients should conduct thorough research and consider their individual trading needs before engaging with the broker. As a Naxex Invest broker, it emphasizes transparency, competitive pricing, and technological innovation to provide a comprehensive trading experience.

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Latest Reviews

Hayden White

Hayden White

United Kingdom

Before I started trading with Naxex Invest, I had hopped from one broker to another, feeling like a rudderless ship in the vast ocean of forex trading. But then, what a relief it was to discover Naxex Invest! The moment I decided to pick up my trading pen with them, I realized that I had indeed found a gem! This broker has ensured my trading journey has been as smooth as silk, there hasn't been any slippage! Yes, you heard that right, zip, nada, zilch! As a forex trader, you know how annoying it is to deal with slip-ups in rates and prices. It's like going on a promising date only to have your hopes dashed at the last moment. But with Naxex Invest, there's been none of those pesky speedbumps! I can truly say that Naxex Invest is the real deal when it comes to reliability. I have not had a single day when I doubted their credibility, and that's saying something. They are as solid as it gets!

Positive

2023-10-23

Jarrad

Jarrad

Malaysia

The 2% fee on deposits and withdrawals. Personally, I found this hefty, considering the fact that other platforms charge either no fee or a nominal one. Alongside this, the high spreads of Naxex Invest began to concern me. In my experiences, these high spreads often ate into my potential profits. It was like wanting to buy a ticket for a concert but realizing that the service charges and fees add up to the point where the ticket's price is almost doubled.

37130

2023-10-13

Naxex Invest Forex Broker has an overall rating of 7.06, Regulatory Index 6.67, License Index 6.67, Business Index 8.44, Software Index 6.00 Risk Control Index 8.90.
Naxex Invest