Score

4.37 /10
Average

Naxware

Seychelles

1-2 years

Regulated in Australia

Appointed Representative(AR)

Suspicious Scope of Business

Medium potential risk

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Score

Regulatory Index3.51

Business Index4.58

Risk Management Index8.90

Software Index4.00

License Index3.51

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Naxware · Company summary
Broker Name Naxware
Registered CountrySeychelles
Founded YearWithin 1 year
RegulationRegulated by ASIC
Products and ServicesForex Trading, Cryptocurrencies, Stocks and ETFs, Commodities
Trading PlatformsMetaTrader 4 (MT4), Mobile Solution, Web Terminal
Demo AccountAvailable
Educational ResourcesTutorials, webinars, market analysis, and expert insights
Customer SupportEmail

What is Naxware?

Naxware is a company registered in Seychelles, founded within the past year. It is a regulated financial platform overseen by the Australian Securities and Investments Commission (ASIC), offering a wide range of market instruments, including Forex, cryptocurrencies, stocks, ETFs, and commodities.

Additionally, Naxware's partnerships with leading technology providers ensure clients receive high-quality services and products at preferential rates. The platform's flexibility in Liquidity Provider choice empowers traders to optimize their strategies. However, dependency on external partners may pose some risks.

Overview of Naxware

Is NAXWARE legit?

NAXWARE is regulated by the Australian Securities and Investments Commission (ASIC) under license no.001308564.

Regulatory Status

Pros and Cons

ProsCons
  • Competitive Spreads and Low Fees
MT5 unavailable
  • Regulated by ASIC
  • Multiple market instruments

Market Instruments

Naxware provides access to market instruments designed to cater to the diverse trading preferences of our clients.

  • Forex Trading: Forex, known as the world's largest financial market, is made accessible through Naxware. Traders can engage in trading numerous currency pairs, including major, minor, and exotic pairs. With the market open 24/5, traders can leverage currency movements to diversify portfolios and manage risk efficiently.
  • Cryptocurrencies: Join the dynamic world of cryptocurrencies with Naxware. We provide a variety of crypto pairs, enabling traders to trade popular cryptocurrencies like Bitcoin, Ethereum, Litecoin, and more. Traders can capitalize on the volatility of digital assets to potentially maximize profits.
  • Stocks and ETFs: Diversification is key, and Naxware facilitates this by offering access to stocks and exchange-traded funds (ETFs) from global markets. Whether it's tech giants, blue-chip stocks, or sector-specific ETFs, our platform grants traders access to a wide spectrum of equities.
  • Commodities: Trade essential commodities such as gold, oil, silver, and more with Naxware. These assets respond to global economic events, offering traders an opportunity to diversify portfolios and hedge against inflation through their inherent volatility.
      Market Instruments

      Trading Platform

      Naxware provides a versatile trading platform suite to meet traders' needs:

      • MetaTrader 4 (MT4): Renowned for its popularity, MT4 offers a user-friendly interface, advanced charting tools, and automated trading capabilities.
      • Mobile Solution: Their mobile trading platform enables traders to stay connected and trade on-the-go, ensuring access to markets from anywhere with an internet connection.
      • Web Terminal: Accessible via web browsers, the Web Terminal offers traders the flexibility to manage their accounts and execute trades directly from any internet-enabled device, enhancing convenience and accessibility.
        Trading Platform

      How to Open an Account?

      To open an account on Naxware, you can follow these general steps:

        • Visit the Website: Navigate to the official website of Naxware and Download Client.

        How to Open an Account?
        • Click on “Sign Up”: Look for the “Sign Up” or “Register” button prominently displayed on the homepage.
        • Fill in Personal Information: You'll be directed to a registration form where you need to enter your personal details such as full name, email address, phone number, and country of residence.
        • Choose a parser and Password: Create a username and password for your Naxware account, ensuring it meets the specified security requirements.
        • Agree to Terms and Conditions: Review the terms of service and privacy policy provided by Naxware, then check the box to indicate your agreement before proceeding.
        • Verify Your Email: After submitting the registration form, check your email inbox for a verification message from Naxware. Click on the verification link provided to confirm your email address and complete the registration process.

        Customer Support

        NAXWARE provides round-the-clock technical support, with the team available to assist you via email (support@naxware.com) 24/7.

        Conclusion

        Naxware remains an ASIC-regulated broker, ensuring a high level of credibility and security. Strategic technology partnerships enable access to premium services and competitive pricing. While relying on external providers and potential platform customization limits exist, Naxware offers various tradable instruments like forex, cryptocurrencies, stocks, and commodities.

        FAQs

        How can I contact Naxware for technical support?

        You can reach Naxware's technical support team 24/7 via email at support@naxware.com.

        Can I choose my own Liquidity Providers (LPs) with Naxware?

        Yes, Naxware offers clients the flexibility to select their preferred Liquidity Providers for different asset classes.

        What trading platforms does Naxware provide?

        Naxware offers MetaTrader 4 (MT4), a mobile trading solution, and a web terminal for traders.

        What educational resources does Naxware offer?

        Naxware provides rich educational materials, including tutorials, webinars, market analysis, and expert insights.

        Risk Warning

        Online trading involves significant risk, and you may lose all of your invested capital.

User Reviews

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Mericle
more than one year
Very quick to answer any questions or doubts you have whether it was by E-MAIL or directly on the phone. Transactions went very smoothly. I will definitely continue using their platform.
Very quick to answer any questions or doubts you have whether it was by E-MAIL or directly on the phone. Transactions went very smoothly. I will definitely continue using their platform.
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2024-07-18 13:49
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Loutyab
more than one year
The customer care team/representatives are very effective and efficient. Doing all the best they are stars. Stay blessed.
The customer care team/representatives are very effective and efficient. Doing all the best they are stars. Stay blessed.
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2024-04-17 14:14
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