NAVIFX Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-11-28 10:57

Abstract：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.

NAVIFXReview Summary
Founded	2014
Registered Country/Region	China
Regulation	No regulation
Market Instruments	Forex, precious metals, CFDs, and Stock Indexes
Demo Account	✅
Leverage	/
EUR/USDSpread	0.0001 pips
Trading Platform	MT4
Min Deposit	$1,000
Customer Support	Contact 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.

Pros and Cons

Pros	Cons
Various market instruments	Lack of regulation
Demo accounts	No Islamic account
MT4 provided	High 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.

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	❌