Note: NICOFXs official website: https://cn.nicofx.com/en/index.html is currently inaccessible normally.NICOFXReview SummaryFounded2013Registered Country/RegionUnited KingdomRegulationCySEC (Cyprus Securities and Exchange Commission)Market InstrumentsPrecious metals (gold, silver, platinum, palladium), Forex currency pairsDemo Account❌LeverageUp to 1:30SpreadVariable spreads based on market conditionsTrading PlatformMT4 Margin WebTraderMin Deposit$100Customer SupportPhone: 35724020288Email: cn.support@nicofx.comNICOFX Information NICOFX, founded in 2013, is an established brokerage registered in the United Kingdom. The trading instruments it provides cover Precious metals and Forex. But currently its website is unreachable.Pros and ConsPros Cons Diversified trading productsUnreachable websiteSupport MT4Office in Cyprus Does Not Exist3 types of accountsIs NICOFX Legit? It is clear that NICOFX is regulated by the Cyprus Securities and Exchange Commission (CySEC), holding a license of 226/14. (Regulated) NICOFX is also regulated by Financial Conduct Authority (FCA) in United Kingdom, holding a license of 672844(Unsubscribed). In Germany, NICOFX is regulated by Federal Financial Supervisory Authority. The license number is 142143 (Revoked). In France, NICOFX is regulated by The Autorité des Marchés Financiers (AMF). The license number is 75131 (Exceeded).What Can I Trade on NicoFX? NicoFX offers traders the opportunity to trade Precious metals (gold, silver, platinum, palladium), Forex currency pairs. However, Stocks, ETFs, funds and bonds are not accessible.Tradable InstrumentsSupported Precious metals✔Forex currency pairs✔Stocks❌ETFs❌Funds❌Bonds❌Account Types NicoFX offers three trading accounts: the Standard Account (minimum deposit of $100), the Premium Account (minimum deposit of $5,000), and the VIP (minimum deposit of $10,000).Account TypesStandardPremiumVIPMinimum Deposit$100$5,000$10,000Max Leverage1:301:301:30Spread TypeVariableVariableVariableNicoFX Fees NicoFX claims to offer low and variable spreads, but does not give specific information.Trading Platform NicoFX's trading platform is MT4 Margin WebTrader, which supports traders on the web and mobile.Trading PlatformSupported Available Devices Suitable for MT4 Margin WebTrader✔Web, MobileBeginnerMT5❌Deposit and Withdrawal The broker supports four payment methods: VISA, bitcoin, mastercard and WIRE TRANSFER. In addition, its minimum deposit requirement is $5,000. Deposit Options Deposit Options FeesProcessing Time Exchange Rate Bank TransferNo specific fee mentioned2-5 working dayscurrent exchange rateUnion Pay1%1-4 working dayscurrent exchange rateVisa2.4%Instantcurrent exchange rateMastercard2.4%Instantcurrent exchange rateSkrill3.85%Instantcurrent exchange rateJCB5.85%Instantcurrent exchange rateAmex5.85%Instantcurrent exchange rate Withdrawal Options Withdrawal Options FeesProcessing Time Exchange Rate Bank Transfer$402-5 working dayscurrent exchange rateUnion Pay$201-4 working dayscurrent exchange rateVisa1%1 working daycurrent exchange rateMastercard1%1 working daycurrent exchange rateSkrill1%1 working daycurrent exchange rateJCB1%1 working daycurrent exchange rateAmex1%1 working daycurrent exchange rate