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No Regulation
Score
1.47 /10
Danger
THENINE
2-5 yearsSuspicious Regulatory License
Suspicious Scope of Business
High potential risk
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Comparison
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Exposure
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Website
Score
Regulatory Index0.00
Business Index6.73
Risk Management Index0.00
Software Index4.00
License Index0.00
Open Account
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 :
2024-12-27
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
WikiFX Verification
Note: THENINE's official website - https://thenine.exchange/tfx/ is currently inaccessible normally.
| THENINE Review Summary | |
| Founded | / |
| Registered Country/Region | Saint Vincent and the Grenadines |
| Regulation | Not regulated |
| Market Instruments | Forex currency pairs, indices, spot indices, commodities, spot commodities, and cryptocurrencies |
| Demo Account | / |
| Leverage | Up to 1:1000 |
| Spread | From 1.8 pips (Standard account) |
| Trading Platform | MT4 |
| Min Deposit | $10 |
| Customer Support | Tel: +1 628 123 4000 |
| Email: info@thenine.exchange | |
| Registered address: Suite 305, Griffith Corporate Centre, Beachmont P.O.Box 1510, Kingstown, Saint Vincent and the Grenadines | |
THENINE is an unregulated broker registered in Saint Vincent and the Grenadines, offering trading in forex currency pairs, indices, spot indices, commodities, spot commodities, and cryptocurrencies with leverage up to 1:1000 and spread from 1.8 pips on the Standard account via the MT4 platform. The minimum deposit requirement to open a live account is just 10 USD.
Pros and Cons
| Pros | Cons |
| Various trading assets | Not regulated |
| Multiple account types | Lack of transparency |
| Micro account offered | Wide spreads |
| Popular trading platform MT4 | Long withdrawal processing time |
| Low minimum deposit | |
| Popular payment options |
Is THENINE Legit?
No, THENINE operates without regulation. Please be aware of the risk!
What Can I Trade on THENINE?
| Tradable Instruments | Supported |
| Forex currency pairs | ✔ |
| Indices | ✔ |
| Spot indices | ✔ |
| Commodities | ✔ |
| Spot commodities | ✔ |
| Cryptocurrencies | ✔ |
| Stocks | ❌ |
| Bonds | ❌ |
| Options | ❌ |
| ETFs | ❌ |
Account Type
THENINE offers three account types: Micro, Standard and ECN.
| Account Type | Min Deposit |
| Micro | USD 10 |
| Standard | USD 10 |
| ECN | USD 100 |
Leverage
THENINE's leverage is capped at 1:1000. It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.
Spread
| Account Type | Spread |
| Micro | From 2.0 pips |
| Standard | From 1.8 pips |
| ECN | From 0.5 pips |
Trading Platform
| Trading Platform | Supported | Available Devices | Suitable for |
| MT4 | ✔ | Web, Desktop, Mobile | Beginners |
| MT5 | ❌ | / | Experienced traders |
Deposit and Withdrawal
THENINE supports deposit and withdrawal via credit cards, wire transfers, local transfers, and a Bitcoin wallet. The typical withdrawal processing time is around 5 days, and the broker has not revealed any withdrawal fees.
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