NYX Forex Broker

NYXReview SummaryFounded2020-07-09Registered Country/RegionTurkeyRegulationUnregulatedMarket InstrumentsForex/Commodities/Stocks/Cryptocurrencies/Indices/Futures/Shares/ETFs/BondsDemo Account✅LeverageUp to 1:2000SpreadAs low as 0.1 pips(except for Custom accounts)Trading PlatformMT5 (Windows/Mac/LINUX/Mobile (iOS/Android))Min Deposit$10Customer SupportPhone: +90 (534) 0352160Email: helpdesk@nyxbroker.comInstagram/Facebook/Twitter/LinkedIn/WhatsAppOnline chatNYX Information NYX is a brokerengaged in various tradable instruments with a maximum leverage of 1:2000 including forex, commodities, stocks, cryptocurrencies, indices, futures, shares, ETFs, and bonds. The broker also provides five accounts, including Pro, ECN VIP, ECN, Custom, and Promotion. The minimum spread is from 0.1 pips(except for Custom accounts) and the minimum deposit is $10. A deposit bonus of up to 30%. However, NYX is still risky due to its unregulated status and high leverage.Pros and ConsPros Cons Spread as low as 0.1 pips(except for Custom accounts)UnregulatedVarious tradable instrumentsNo 24/7 customer supportMT5 availableLeverage up to 1:2000Demo account availableCopy trade availableIs NYX Legit? NYX is not regulated, making it less safe than regulated brokers.What Can I Trade on NYX? Traders can choose different investment directions because the broker provides traders access to forex, commodities, stocks, cryptocurrencies, indices, futures, shares, ETFs, and bonds.Tradable Instruments Supported Forex✔Commodities✔Stocks✔Cryptocurrencies✔Indices✔Futures✔Shares✔ETFs✔Bonds✔Mutual Funds❌Precious Metals❌Account Type NYX has five account types with different opening conditions: Pro, ECN VIP, ECN, Custom, and Promotion. Traders who want low spreads can choose a custom account, and traders who want low leverage can choose a promotion account.Account Type ProECN VIPECNCustomPromotionMinimum deposit$100$100$100Negotiate$500Maximum leverage1:3001:3001:3001:20001:200Minimum Spread5 pips(Raw)0.2 pips1 pips(Raw)0 pips/floating/fix1.50 pipsSwapNoNoYesNegotiateYesCommissionInstrument base from 2$/lotInstrument base from 12$/lotInstrument base from 6$/lotNegotiateInstrument base from 8$/lotMargin call60%60%60%Customizable100%Stop out30%30%30%Customizable50%Max lot per position253025Customizable25Hedge100%100%100%Customizable100%NYX Fees The spread is as low as 0.1 pips except for Custom accounts that Spread from 0 pips / floating / fix, the commission is charged, and the minimum swap is from 0. The lower the spread, the faster the liquidity.Leverage The maximum leverage is 1:2000 meaning that profits and losses are magnified 2,000 times.Trading Platform NYX cooperates with the authoritative MT5 trading platform available in Windows, Mac, LINUX, and Mobile (iOS and Android) versions. Traders with rich experience are more suitable for using MT5.Trading PlatformSupported Available Devices MT5✔MT5 (Windows/Mac/LINUX/Mobile (iOS/Android)Deposit and Withdrawal The minimum deposit is $10. Deposit and withdrawal methods include Bank Transfer, Webmoney, Tether, Cryptocurrency, and cash. The processing time of Bank Transfers and cash is at the moment. The processing time of Webmoney, Tether, and Cryptocurrency is 1 minute up to 60 minutes. In addition, traders also deposit and withdraw through Neteller, Bitcoin, Perfect Money, and VISA.