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Not Regulated
Score
1.57 /10
Danger
NYCE
5-10 yearsQuestionable Regulatory License
Suspicious Operational Region
High Potential Risk
Influence
D
Add brokers
Comparison
Quantity 1
Exposure
Time Machine
Website
Score
Regulatory Index0.00
Business Index7.49
Risk Management Index0.00
Software Index4.00
License Index0.00
Time Machine
Website
Licenses
No valid regulatory information, please be aware of the risk
VPS Standard
No restriction on the broker account. Support service provided by WikiFX
Single Core
1G
40G
open now
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Warning: Low score, please stay away!
2
Previous Detection :
2026-05-05
- This broker lacks valid forex regulation. Please be aware of the risk!
- Current data indicates that this broker does not have trading software. Please be aware of the risk.
WikiFX Verification
Exposure
1 pieces of exposure in total Pyramid scheme complaint
Expose| NYCE Review Summary | |
| Founded | 2006 |
| Registered Country/Region | India |
| Regulation | No regulation |
| Trading Products | Equities, derivatives, commodities, currencies |
| Demo Account | ❌ |
| Leverage | / |
| Spread | / |
| Trading Platform | Proprietary platform |
| Minumum Deposit | / |
| Customer Support | Tel: +91 124 4994400 |
| Email: support@nyceindia.com | |
| Social media: X, Linkedin | |
NYCE Information
NYCE is an unregulated broker, offering trading on equities, derivatives, commodities, and currencies via its proprietary platform. However, it currently has no valid regulations.
Pros and Cons
| Pros | Cons |
| Various products and services | No regulation |
| Unclear fee structure | |
| No info on deposit and withdrawal |
Is NYCE Legit?
No. NYCE currently has no valid regulations. Please be aware of the risk!
What Can I Trade on NYCE?
| Trading Products | Supported |
| Equities | ✔ |
| Derivatives | ✔ |
| Commodities | ✔ |
| Currencies | ✔ |
| Indices | ❌ |
| Cryptos | ❌ |
| Bonds | ❌ |
| Options | ❌ |
| ETFs | ❌ |
Trading Platform
NYCE claims to have a superior trading platform, but no further information is provided on the website. Please be aware of the risk!
| Trading Platform | Supported | Available Devices | Suitable for |
| Proprietary platform | ✔ | / | / |
| MT4 | ❌ | / | Beginners |
| MT5 | ❌ | / | Experienced traders |
1
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