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NYX -

Score

1.48 /10
Danger

NYX

Turkey

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

https://nyxbroker.com/en

Influence

D

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Score

Regulatory Index0.00

Business Index6.78

Risk Management Index0.00

Software Index4.00

License Index0.00

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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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Broker Information

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Company Name

NYX Markets Ltd

Company Abbreviation

NYX

Platform registered country and region

Turkey

Company website

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Company summary

Pyramid scheme complaint

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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

NYX · Company summary
NYXReview Summary
Founded2020-07-09
Registered Country/RegionTurkey
RegulationUnregulated
Market InstrumentsForex/Commodities/Stocks/Cryptocurrencies/Indices/Futures/Shares/ETFs/Bonds
Demo Account✅
LeverageUp to 1:2000
SpreadAs low as 0.1 pips(except for Custom accounts)
Trading PlatformMT5 (Windows/Mac/LINUX/Mobile (iOS/Android))
Min Deposit$10
Customer SupportPhone: +90 (534) 0352160
Email: helpdesk@nyxbroker.com
Instagram/Facebook/Twitter/LinkedIn/WhatsApp
Online chat

NYX Information

NYX is a brokerengaged in various tradable instruments with a maximum leverage of 1:2000 including forex, commodities, stocks, cryptocurrencies, indices, futures, shares, ETFs, and bonds. The broker also provides five accounts, including Pro, ECN VIP, ECN, Custom, and Promotion. The minimum spread is from 0.1 pips(except for Custom accounts) and the minimum deposit is $10. A deposit bonus of up to 30%. However, NYX is still risky due to its unregulated status and high leverage.

NYX Information

Pros and Cons

Pros Cons
Spread as low as 0.1 pips(except for Custom accounts)Unregulated
Various tradable instrumentsNo 24/7 customer support
MT5 availableLeverage up to 1:2000
Demo account available
Copy trade available

Is NYX Legit?

NYX is not regulated, making it less safe than regulated brokers.

Is NYX Legit?
Is NYX Legit?

What Can I Trade on NYX?

Traders can choose different investment directions because the broker provides traders access to forex, commodities, stocks, cryptocurrencies, indices, futures, shares, ETFs, and bonds.

Tradable Instruments Supported
Forex✔
Commodities✔
Stocks✔
Cryptocurrencies✔
Indices✔
Futures✔
Shares✔
ETFs✔
Bonds✔
Mutual Funds❌
Precious Metals❌
What Can I Trade on NYX?

Account Type

NYX has five account types with different opening conditions: Pro, ECN VIP, ECN, Custom, and Promotion. Traders who want low spreads can choose a custom account, and traders who want low leverage can choose a promotion account.

Account Type ProECN VIPECNCustomPromotion
Minimum deposit$100$100$100Negotiate$500
Maximum leverage1:3001:3001:3001:20001:200
Minimum Spread5 pips(Raw)0.2 pips1 pips(Raw)0 pips/floating/fix1.50 pips
SwapNoNoYesNegotiateYes
CommissionInstrument base from 2$/lotInstrument base from 12$/lotInstrument base from 6$/lotNegotiateInstrument base from 8$/lot
Margin call60%60%60%Customizable100%
Stop out30%30%30%Customizable50%
Max lot per position253025Customizable25
Hedge100%100%100%Customizable100%

NYX Fees

The spread is as low as 0.1 pips except for Custom accounts that Spread from 0 pips / floating / fix, the commission is charged, and the minimum swap is from 0. The lower the spread, the faster the liquidity.

Leverage

The maximum leverage is 1:2000 meaning that profits and losses are magnified 2,000 times.

Trading Platform

NYX cooperates with the authoritative MT5 trading platform available in Windows, Mac, LINUX, and Mobile (iOS and Android) versions. Traders with rich experience are more suitable for using MT5.

Trading PlatformSupported Available Devices
MT5✔MT5 (Windows/Mac/LINUX/Mobile (iOS/Android)
Trading Platform

Deposit and Withdrawal

The minimum deposit is $10. Deposit and withdrawal methods include Bank Transfer, Webmoney, Tether, Cryptocurrency, and cash. The processing time of Bank Transfers and cash is at the moment. The processing time of Webmoney, Tether, and Cryptocurrency is 1 minute up to 60 minutes. In addition, traders also deposit and withdraw through Neteller, Bitcoin, Perfect Money, and VISA.

Deposit and Withdrawal

User Reviews

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linda11
more than one year
Nyx broker has a high speed in depositing and withdrawing large amounts through Tether, and I did this test and you can safely invest in it.
Nyx broker has a high speed in depositing and withdrawing large amounts through Tether, and I did this test and you can safely invest in it.
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2023-08-28 19:59
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Hendryono
more than one year
Of a fact, they have kept to their word of live funded account, and their customer service is second to none. Right now, things are very fine as anticipated and I look forward to a greater future with the company.
Of a fact, they have kept to their word of live funded account, and their customer service is second to none. Right now, things are very fine as anticipated and I look forward to a greater future with the company.
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2022-12-13 14:23
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