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No Regulation
Score
1.09 /10
Danger
NEEXFOREX
Within 1 yearSuspicious Regulatory License
Suspicious Scope of Business
High potential risk
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Comparison
Expose
Exposure
Time Machine
Website
Score
Regulatory Index0.00
Business Index3.79
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
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Warning: Low score, please stay away!
Previous Detection :
2025-01-11
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
WikiFX Verification
| NEEXFOREX Review Summary | |
| Founded | 2024-08-07 |
| Registered Country/Region | Australia |
| Regulation | Unregulated |
| Market Instruments | Forex/Indices/Commodities |
| Demo Account | ❌ |
| Leverage | Up to 1:1000 |
| Spread | As low as 0.0 pips |
| Trading Platform | MT4/MT5 |
| Min Deposit | / |
| Customer Support | Phone: 02873000000 |
| Hotline: 02873019986 | |
| Email: info@neexforex.com | |
| Facebook/Instagram/Twitter/LinkedIn/Telegram/Discord | |
NEEXFOREX Information
NEEXFOREX is a recently founded forex broker that is registered in Australia. The tradable instruments with a maximum leverage of 1:1000 include forex, indices, and commodities. The minimum spread is from 0.0 pips. NEEXFOREX is still risky due to its unregulated status, and high leverage.
Pros and Cons
| Pros | Cons |
| 24/5 customer support | Unregulated |
| Spread as low as 0.0 pips | No account and fee information |
| MT4/MT5 available | |
| Leverage up to 1:1000 | |
| Various tradable instruments |
Is NEEXFOREX Legit?
NEEXFOREX is not regulated, even though it claims to be regulated by ASIC and authorized by the FSCA. However, an unregulated broker is not as safe as a regulated one.
What Can I Trade on NEEXFOREX?
Traders can choose different investment directions because the broker provides forex, indices, and commodities.
| Tradable Instruments | Supported |
| Forex | ✔ |
| Commodities | ✔ |
| Indices | ✔ |
| Stocks | ❌ |
| Cryptocurrencies | ❌ |
| Precious Metals | ❌ |
| Shares | ❌ |
| ETFs | ❌ |
| Bonds | ❌ |
| Mutual Funds | ❌ |
NEEXFOREX Fees
The spread is as low as 0.0 pips, the minimum commission is 0. The lower the spread, the faster the liquidity.
Leverage
The maximum leverage is 1:1000, meaning that profits and losses are magnified 1000 times.
Trading Platform
NEEXFOREX cooperates with the authoritative MT4 and MT5 trading platform. MT4 and MT5 not only provide various trading strategies but also implement EA systems.
| Trading Platform | Supported |
| MT4 | ✔ |
| MT5 | ✔ |
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