History and Founding
Nixse is a new broker in the financial trading industry, and their aim is to recreate their technology to manage their trading well, competitively, and enhance the opportunity for both retail and institutional clients. It has substantial significance but has made its name known in a short span due to its refreshing approach and user-friendly trading solutions.
Mission and Vision
Nixse’s mission is to provide access to the world’s most innovative trading tools and allow traders to realize full control over secure trading environments and superior customer services for the global market. It also envisions a pioneering community of traders who can begin the use of the new and user-friendly trading platforms built on complete awareness.
Global Presence
It is an international brokerage house extending its services to clients in different parts of the globe. The company also offers a set of multilingual support and localized solutions which can satisfy the requirements of every kind of trader in the market.
Pros and Cons
Pros
- More than 1,500+ options and products for CFD trading
- Transparent, fast and efficient transactions and trading
- The leverage is higher than that of many forex brokers.
- Availability of various account opening services
Cons
- The minimum deposit amount is too high
- Customer support does not work around the clock and seven days a week.
- The new brokerage agency is not trusted
Security and Regulations
Existing Licenses
The function of Nixse is to act as an offshore broker not regulated by any large financial authority. It abides by secure trading and full transparency activities.
Fund Segregation and Insurance
The clients' funds are kept safe in segregated accounts. Nixse also offers negative balance protection so that the client cannot lose any funds beyond the deposit.
Tradable Instruments
Forex Pairs
Trade easily in over 50 different currency pairs on the Nixse platforms including major, minor, and exotic currencies.
Commodities
Trade gold, silver, crude oil, and natural gas to help diversify a portion of your portfolio.
Indices
All-time advanced conditions for commodities with a global presence in respect of market values, excellent access to world indices like NASDAQ, S&P 500, FTSE 100, DAX.
Cryptocurrencies
You can trade on a wide range of cryptocurrencies from Bitcoin, Ethereum, Ripple along with crypto-to-fiat pairs with Nixse.
Equities
You can buy and sell shares of leading companies from major global markets, giving opening range of exposure to different industries.
Account Types
Silver
| Minimum deposit | 0 |
|---|---|
| Available tools | 0 |
| Leverage, min | 1:1 |
| Leverage, max | 1:400 |
| Margin call level | 100 |
| Stop-out level | 50 |
Gold
| Minimum deposit | 0 |
|---|---|
| Available tools | 0 |
| Leverage, min | 1:1 |
| Leverage, max | 1:400 |
| Margin call level | 100 |
| Stop-out level | 50 |
Platinum
| Minimum deposit | 0 |
|---|---|
| Available tools | 0 |
| Leverage, min | 1:1 |
| Leverage, max | 1:400 |
| Margin call level | 100 |
| Stop-out level | 50 |
VIP
| Minimum deposit | 0 |
|---|---|
| Available tools | 0 |
| Leverage, min | 1:1 |
| Leverage, max | 1:400 |
| Margin call level | 100 |
| Stop-out level | 50 |
Black
| Minimum deposit | 0 |
|---|---|
| Available tools | 0 |
| Leverage, min | 1:1 |
| Leverage, max | 1:400 |
| Margin call level | 100 |
| Stop-out level | 50 |
Fees and Charges (Periods)
Spreads and Commissions
Nixse offers competitive spreads starting from 0.0 pips on the ECN account with internal commission charging while the average spreads are a bit higher, and of course, the standard accounts with no commissions that feature with spreads.
Swap Rates
Overnight swap fees are charged, fully transparent on their front page. Islamic Accounts are also available and working.
Inactivity Fees
They actually charge some fees due to inactive accounts.
Trading Platforms
| Available tools | Forex, Indices, Commodities, Cryptocurrency |
|---|
MetaTrader 4 and 5
Nixse uses MT4 and MT5 working through Meta Quotes Software Corporation, offering almost all necessary functionalities under one platform including some unique advantages like advanced charting software, expert advisors, many technical indicators, and easy customization for most complex trading strategies.
Mobile Trading Apps
The company has introduced mobile applications for iOS and Android devices by which traders can access accounts and trade with live market updates.
WebTrader
It is a browser-based trading platform that can be used without the need for any download software applications in a highly responsive manner.
Customer Support
Opening an Account
Just signing up with the Nixse website will get you started. One will have to pick what set of accounts he may wish to operate at, followed by the required verification documents.
Verification Requirements
Probably passports or ID from the government are required to prove the registrant's identity along with a utility bill or bank statement to ascertain addresses, all must comply with the standard laid out by KYC.
Deposits and Withdrawals
Methods of Payment
Nixse Company has in its payment system options that include transfers through bank wires, credit/debit cards, e-wallets, and cryptocurrencies like Bitcoin and Ethereum.
Processing Times
Deposits are handled promptly and shown in traders' accounts by way of routine transactions; applications for withdrawals to bank accounts or credit/debit exchanges would take 1-3 working days.
Related Costs
The exception is the bank fees for wire transfers, which apply to both deposits and withdrawals. Full details may be seen on the firm's website.
FAQs
Is the broker unregulated?
Nixse is an offshore broker and not regulated by large financial authorities.
Which trading platforms are available?
There are MetaTrader 4 and MetaTrader 5, in addition to WebTrader, along with mobile trading apps.
What are the required minimum deposit amounts?
Deposits start from $10. This makes the brokerage accessible to different-tiered traders.
What types of accounts are available with the broker?
There are account types under Nixse: Standard, ECN, VIP, and Demo accounts.
What fees are charged by the broker, and for what?
Spreads, commissions for ECN accounts, swap rates for overnight positions, and inactivity fees for dormant accounts are all sources of fees.
How much is the maximum leverage available?
Up to 1:500 leverage is provided, depending on the type of account and the regulating authority.
Is there a demo account?
Yes, Nixse provides a demo account with paper money for one to understand and demo the concepts.
What are the available means to contact customer support?
One can reach the service through live support, email, or telephone. Available support operates in multiple languages throughout the trading day.