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NAVIFX -

Score

1.53 /10
Danger

NAVIFX

China

5-10 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

https://www.navifx.com/index

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Score

Regulatory Index0.00

Business Index7.16

Risk Management Index0.00

Software Index4.00

License Index0.00

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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 : 2025-01-01
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

NAVIFX · Company summary
NAVIFXReview Summary
Founded2014
Registered Country/RegionChina
RegulationNo regulation
Market InstrumentsForex, precious metals, CFDs, and Stock Indexes
Demo Account✅
Leverage/
EUR/USDSpread0.0001 pips
Trading PlatformMT4
Min Deposit$1,000
Customer SupportContact form
Email: info@navifx.com, cs@navifx.com
Wechat, Line

NAVIFX was registered in 2014 in China, offering trading in forex, precious metals, CFDs, and stocks. NAVIFX uses MT4 as its trading platform, and it offers demo accounts. However, it is not regulated, and the official website does not reveal much information about account details.

NAVIFX's homepage

Pros and Cons

Pros Cons
Various market instrumentsLack of regulation
Demo accountsNo Islamic account
MT4 providedHigh minimum deposit
No info on payment methods
Limited customer support channels

Is NAVIFX Legit?

No, NAVIFX is not regulated by the financial services regulatory authority in China, which means that the company lacks regulation from its registration site. Moreover, the current status shows that activities such as client transferring and updating are prohibited.

No license
Domain information

What Can I Trade on NAVIFX?

NAVIFX mainly provides trading in forex, metals, CFDs, and stock indexes.

Tradable Instruments Supported
Forex✔
CFDs✔
Metals✔
Stock Indexes✔
Commodities❌
Cryptos❌
Bonds❌
Options❌
ETFs❌
What Can I Trade on NAVIFX?

Spread

For the conventional currency pairs, such as EUR/USD, the spread is from 0.0001 pips.

Spread

Trading Platform

NAVIFX uses MT4 as its trading platform, which is suitable for beginners.

Trading PlatformSupported Available Devices Suitable for
MT4✔Web, desktop, mobileBeginners
MT5❌/Experienced traders
MT4

User Reviews

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User comment

3

Comments

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Mericle
more than one year
After trying many online brokers NAVIFX has become my long term broker of choice. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index so you can trust your funds are always safe and handled correctly.
After trying many online brokers NAVIFX has become my long term broker of choice. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index so you can trust your funds are always safe and handled correctly.
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2024-07-18 13:48
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Thomas Petit
more than one year
Their customer service is great - super helpful whenever I need them, five stars for sure ! ⭐⭐⭐⭐⭐ But their charting took time to load. And on top of that, logging back in after I close the app can be a real pain.
Their customer service is great - super helpful whenever I need them, five stars for sure ! ⭐⭐⭐⭐⭐ But their charting took time to load. And on top of that, logging back in after I close the app can be a real pain.
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2024-06-28 18:29
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