Nixse Review & Rating 2024
Visit NixseIn this Nixse broker review, we have gone through this broker’s details by analyzing its publicly available information and personal contact. In our every broker review, we do not focus on brokers’ opinions only. We applied the same standard in the Nixse broker review. Please go through this page on how we conduct our broker reviews.
Nixse is a fast-growing online broker for forex and CFDs. It offers its customers an array of diverse services that provide access to over 1500+ tradable assets, including currency pairs, commodities, metals, shares, and cryptocurrencies. The mission of Nixse Ltd is to empower traders worldwide with reliable trading solutions that have the potential to open up a world of lucrative opportunities on the global market.
However, before opening an account with any broker, we always recommend our readers to do their due diligence. Now the main question is, Is it reliable to put your money into Nixse? Is the price shown in this broker accurate? To learn more, you can continue reading the AtoZMarkets Nixse broker review.
Overview
Company
Nixse is an online brokerage platform offering a variety of services and products. Founded in 2020 with its head office located in Taipei City, Taiwan, the firm has been devoted to delivering its clients the maximum convenience and efficiency when trading on global markets at lower costs than available elsewhere. Its website also states that Nixse's vision is to facilitate easy access for users to markets all around the world. Lowest commissions are offered at Nixse – meaning investors can enjoy investment opportunities with reduced charges and fees across all markets. The company is fully committed towards client satisfaction, providing round-the-clock support during market trading times to answer any questions or queries.
Products Offered by Nixse
Nixse provides traders with access to over 1500 instruments across multiple markets. With Nixse, you can trade currencies, commodities, stocks, indices and digital currencies with razor-thin fees and low commissions.
Currency Pairs
Nixse offers a wide variety of currency pairs for traders to choose from. With more than 90 currency pairs available, you have the opportunity to take advantage of the 24-hour availability and trade five days a week. Leverage up to 1:400 allows you to increase your potential profits without investing more capital.
Stock Indices
Nixse offers an easy and cost-effective way to take advantage of the movements in some of the world's top stock indices. With access to FTSE 100, NASDAQ, S&P 500 and more, you can trade in multiple markets without the need to own any underlying asset. With competitive pricing from Nixse, plus low commissions on every market, it makes stock index trading more accessible than ever before.
Energies
Take advantage of the volatile markets by investing in a range of premium energies with Nixse. With access to Natural Gas, Crude Oil and more, NX Trader provides superior charting tools and market data analysis so you can stay informed. Automated strategies are there to help you make smarter decisions when trading. All this with low commissions on each market and competitive pricing from Nixse means energy investments become accessible for all.
Metals
Nixse provides an advanced platform for investors to trade gold, silver, and platinum with low commissions and competitive pricing. Whether you are looking for long-term investments or short-term profits, Nixse is the perfect place to do so.
Nixse offers real-time data, charting tools and market analysis to stay informed about the latest developments in each metal, helping investors make wise investment decisions.
Pros and Cons of Nixse
Choosing a trading platform requires careful consideration of both the pros and cons of the available options. Nixse offers a range of benefits and potential drawbacks that can help traders make an informed decision.
Pros of Nixse
Diverse Market Conditions: Nixse offers a wide range of trading instruments, allowing traders to diversify their trading strategies and take advantage of different market conditions.
Advanced Trading Platform: Nixse's trading platform is sophisticated, user-friendly, and equipped with advanced features that can help traders make informed trading decisions.
Competitive Pricing: Nixse offers low pricing on over 1,500 products, making it an affordable option for traders of all levels.
Multiple Account Types: With seven different account types to choose from, traders can select an account that best suits their individual trading needs and preferences.
Cons of Nixse
No Demo Accounts: Nixse does not offer demo accounts, which can make it difficult for new traders to practice and learn without risking their own capital.
No MT4 and MT5: Nixse does not offer the popular MetaTrader 4 (MT4) or MetaTrader 5 (MT5) platforms, which may be a disadvantage for traders who are familiar with these platforms.
Not Regulated by Major Financial Authorities: Nixse is not regulated by any major financial authorities, which may be a concern for some traders who prefer to trade with regulated brokers.
Not Available in the USA: Nixse does not offer services to customers located in the United States regardless of their current residency status.
How to Open an Account with Nixse?
Opening an account with Nixse is a simple and straightforward process. Here are the steps you need to follow:
- Visit the Nixse website at https://nixse.com/signup and click on “Open an Account Today”.
- Enter your personal information such as name, email address, phone number, etc.
- Choose your desired account type from the seven available options.
- Upload any required documents for verification purposes such as a copy of your ID or passport and proof of residence (utility bill).
- Fund your account using one of the accepted payment methods
- Once all the requirements have been fulfilled and verified by Nixse, you can start trading with real money!
Trust
Nixse places a significant emphasis on the security of their clients' funds and information. To ensure this, the company has implemented several measures aimed at safeguarding their users' funds and data. The platform uses high-end encryption services, including 256-bit SSL encryption, which is a similar level of encryption utilised by major financial institutions. This assures users that their personal information is safe and secure during the registration and transaction processes.
Furthermore, Nixse guarantees that client funds are kept separately from company finances in accounts at reputable international banks. This measure assures users that their funds remain secure even in the event of unforeseeable circumstances affecting the company's financial stability. The company also strictly adheres to AML and KYC policies that are designed to prevent money laundering and other fraudulent activities.
These stringent measures demonstrate Nixse's commitment to ensuring that their clients' hard-earned money remains secure from scams or fraud. By prioritising customer safety through these protective measures, Nixse provides users with the confidence to invest without worrying about the possibility of negative impacts on their finances.
Trading Platform
Nixse offers its own proprietary trading platform named NX Trader. NX Trader is a multi-asset platform chosen by investors for exchanging Currencies, Commodities, Stocks & Indices. With its advanced automation and charting tools, it offers a secure and easy to use platform with superior analysis tools and access from any web browser or mobile device.
Benefits & Features
NX Trader provides more than 1,500 instruments with leverage up to 1:400. It also has 21 different timeframes and up to 100 charts simultaneously. The app also features built-in technical analysis tools, financial news and alerts as well as a full set of orders.
Accessibility
The NX Trader platform can be accessed from any web browser without any installations required. It also has mobile trading apps available for Android and iOS devices which allows users to trade on the move with their smartphones or tablets.
Account Types
One of the most prominent features to open an account with Nixse for the beginner to the expert trader is the flexibility in account types. They made the account type tailored for every forex trader. Nixse offers five types of trading accounts:
Silver Account
Nixse Silver Account is the perfect choice for traders looking to start their trading journey. It comes with 5 education sessions, personal account management and mini event trading. Technical market signals are also provided 3 times a week. You can also get a welcome credit of 20%. With its comprehensive features and support services, this account provides a great starting platform for online trading success.
Gold Account
Nixse Gold Account is the perfect choice for traders looking to maximize their profits. With a minimum deposit of $25,000, you get access to 10 education sessions with an account manager, plus event trading gold credit and two daily technical signals. Advanced market analysis and insights are provided, as well as low pricing across 1,500 markets. The world-class platform allows you to trade on multiple devices - perfect for new and experienced traders alike.
Platinum Account
The Nixse Platinum Account is an ideal choice for those looking to invest in the financial markets. With a minimum deposit of $100,000, you get access to full education, a dedicated account manager and event trading platinum credit of 75%. You can also receive up to 5 daily technical signals. Trade gold, silver and platinum with low-cost conditions and diversify your portfolio with investing in precious metals. Enjoy an advanced trading experience with comprehensive resources to make informed decisions.
VIP Account
Investing in the Nixse VIP Account is a great choice for experienced traders who want to take their trading to the next level. With a minimum deposit of $250,000, this account provides access to unique resources and features that can help you make smarter and more profitable trades. From a full education program to daily technical signals and an Event Trading VIP Credit of 100%, this account offers all the tools you need to gain an edge in the markets.
The Nixse VIP Account is best suited for those who are serious about investing and are willing to put in the effort necessary for success. With its comprehensive suite of features and low-cost trading conditions across major assets, this account is sure to take your trading skills to new heights.
Black Account
With the Nixse Black Account, experienced investors can take their trading to a whole new level. With a minimum deposit of $1,000,000 and an annual business strategy backed by a coordinated team from every corner of the market, this account provides you with access to distinct market insights and fundamental analysis.
You also get access to unique prices on major assets and 10 daily technical signals that can help you stay ahead of the trends and make smarter trades. Plus, your account manager will be there every step of the way to provide guidance and ensure you reach your investing goals.
Costs
Nixse's fee structure is somewhat complex, with fees varying between different account types and markets. The broker's trading fees are generally considered high, making it difficult to calculate costs easily.
In addition, users are required to deposit a higher minimum amount to access lower spreads and better service, which may be a challenge for new traders. This contradicts the broker's goal of making it easy for new traders to enter the market.
However, it's worth noting that Nixse does not charge any commission for trading. Instead, the broker utilises variable spreads, which may fluctuate based on market conditions.
Regarding leverage, Nixse offers a maximum leverage level of 1:400, which is considered relatively high compared to other brokers. This offers traders an advantage in the market.
It's also important to keep in mind that the minimum deposit required to open an account with Nixse is $10,000 or equivalent. However, to access better services and lower spreads, the minimum deposit requirement is increased to $1,000,000.
Overall, while Nixse may have higher fees and a complex fee structure, the broker offers competitive leverage levels and prioritises security and protection for its users' funds and information.
Customer Support
Nixse provides various channels for users to reach out to their support team with any questions they may have. Those who have inquiries about opening an account can send an email to information@nixse.com or contact them via phone at +18778977939. This approachable customer service enables users to get answers to their queries quickly and efficiently.
Nixse prioritises providing clients with market conditions that allow them to achieve richer trading strategies. The company measures its success based on its clients' ability to trade with confidence and benefit from the platform's reliable market conditions, proven stability, security, and strength. This customer-centric approach demonstrates Nixse's commitment to providing its clients with the tools and support necessary to succeed in their trading activities.
Regulation
Nixse is an emerging broker in the market that doesn't yet have a license from one of the leading regulator authorities, such as the FCA, ASIC, or CySEC. Despite this fact, it remains a safe and secure platform to trade on as it strictly follows all Anti-Money Laundering (AML) and Know Your Customer (KYC) policies. By doing so, Nixse ensures investors' safety and security as well as compliance with applicable regulations.
Conclusion
After doing our deep research, we found out that Nixse is a fast-growing online broker that provides access to over 1500+ tradable assets, including currency pairs, commodities, metals, shares, and cryptocurrencies. The broker offers its own proprietary trading platform named NX Trader, which provides more than 1,500 instruments with leverage up to 1:400. The platform also features built-in technical analysis tools, financial news and alerts as well as a full set of orders. Nixse does not offer demo accounts and does not offer the popular MetaTrader 4 (MT4) or MetaTrader 5 (MT5) platforms. Nixse is not regulated by major financial authorities.