Global Broker Regulatory Inquiry Platform
WikiFX

Score

0 1 2 3 4 5 6 7 8 9
.
0 1 2 3 4 5 6 7 8 9
0 1 2 3 4 5 6 7 8 9
/10

NYX BROKER

Turkey Turkey | 5-10 years |
ECN Account Suspicious Regulatory License | Suspicious Scope of Business | High potential risk

https://nyxbroker.com/en

Website

Rating Index

Influence

Influence

D

Influence index NO.1

United Arab Emirates United Arab Emirates 2.61
Surpassed 15.30% brokers
Biz Area Search Statistics Advertising Social Media Index

Contact

+90 (534) 0352160
https://nyxbroker.com/en
Propaganda Plus residence Şişli, Istanbul

license Forex License

No forex trading license found. Please be aware of the risks.

Keywords 4
5-10 years
Suspicious Regulatory License
Suspicious Scope of Business
High potential risk
Warning: Low score, please stay away!
  • This broker lacks valid forex regulation. Please be aware of the risk!
3

Basic Information

Registered Region
Turkey
Operating Period
5-10 years
Company Name
NYX Markets Ltd
Abbreviation
NYX BROKER
Company employee
--
Customer Service Email Address
Helpdesk@nyxbroker.com
Contact Number
+905340352160
Company Address
Propaganda Plus residence Şişli, Istanbul
Account
Biz Area
Website
Company Summary
Wiki Q&A
Comment

Users who viewed NYX BROKER also viewed..

Ultima

Ultima

8.12
Score
ECN Account5-10 yearsRegulated in United KingdomForex Execution License (STP)MT4 Full License
Ultima
Ultima
Score
8.12
ECN Account5-10 yearsRegulated in United KingdomForex Execution License (STP)MT4 Full License
Official Website
FXCM

FXCM

9.40
Score
Above 20 yearsRegulated in AustraliaMarket Making License (MM)MT4 Full License
FXCM
FXCM
Score
9.40
Above 20 yearsRegulated in AustraliaMarket Making License (MM)MT4 Full License
Official Website
CPT Markets

CPT Markets

8.53
Score
ECN Account15-20 yearsRegulated in United KingdomMarket Making License (MM)MT4 Full License
CPT Markets
CPT Markets
Score
8.53
ECN Account15-20 yearsRegulated in United KingdomMarket Making License (MM)MT4 Full License
Official Website
Mitrade

Mitrade

8.61
Score
10-15 yearsRegulated in AustraliaMarket Making License (MM)Self-developed
Mitrade
Mitrade
Score
8.61
10-15 yearsRegulated in AustraliaMarket Making License (MM)Self-developed
Official Website

Website

  • nyxbroker.com
    51.75.163.173
    Server Location
    France France
    ICP registration
    --
    Most visited countries/areas
    --
    Domain Effective Date
    --
    Website
    --
    Company
    --

Company Profile

Company Profile

Review 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
MT5MT5 (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

Keywords

  • 5-10 years
  • Suspicious Regulatory License
  • Suspicious Scope of Business
  • High potential risk

Wiki Q&A

How is the fund security of NYX BROKER evaluated?

The fund security profile of NYX Markets Ltd is a critical area of concern. The broker holds no valid, mainstream forex trading licenses, resulting in a total WikiFX score of 1.53, which reflects an exceptionally high-risk operating environment devoid of standard regulatory oversight mechanisms.

19h
United States

What is the license number of NYX BROKER?

NYX Markets Ltd operates without any verified regulatory licenses from authoritative financial watchdogs for its forex and CFD trading services.

19h
United States

What is the full company name of NYX BROKER?

The broker operates under the full legal name NYX Markets Ltd, a company with a reported operational history of 5-10 years and registered in Turkey.

19h
United States

How can I identify a scam or fraudulent forex broker?

A broker can be evaluated as a potential scam platform by considering multiple factors such as regulatory qualifications, user complaints, fund security, and platform data. In general, brokers without valid regulation, those that frequently have withdrawal problems, those with a large number of user complaints, or those providing false information usually carry higher risks. You can check the broker's regulatory status, overall rating, exposure records, and user reviews on the WikiFX platform, and make judgments based on multi-dimensional data to effectively identify and avoid scam platform risks.

18h
United States

What are the most common and reputable forex regulatory authorities?

Common forex regulatory authorities include the Financial Conduct Authority (FCA) in the United Kingdom, the Australian Securities and Investments Commission (ASIC), the Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC) in the United States, the Cyprus Securities and Exchange Commission (CySEC), and the Monetary Authority of Singapore (MAS). These regulatory authorities usually maintain relatively high regulatory standards, and brokers regulated by them generally have higher compliance levels. You can check broker ranking lists under different regulators on the WikiFX platform, such as brokers regulated by FCA, ASIC, and CySEC, so as to compare brokers under different regulatory backgrounds more clearly and make safer choices.

18h
United States

How is the WikiFX Score calculated?

WikiFX ratings are calculated based on a multi-dimensional data model, mainly including five dimensions: regulatory index, license index, business index, risk control index, and software index. The rating adopts a range system (0-10 points). The higher the score, the higher the broker's overall performance level. In addition, ratings are dynamically updated according to regulatory changes, complaint handling results, and historical data performance, making the rating more objective and timely. You can check the scores of each dimension and their trends on the WikiFX platform to evaluate the broker's actual situation more comprehensively.

18h
United States

Can I recover my funds if I have been scammed by a broker?

Recovering funds after investment fraud can be difficult, but taking timely action may still help recover part of the losses. It is recommended to take the following actions immediately: keep trading records, chat records, and other evidence; contact the bank to try to stop or freeze the payment; report the case to local law enforcement agencies. In addition, investors can also use WikiFX complaint and exposure channels to increase the visibility of problematic platforms and improve the efficiency of rights protection.

18h
United States

What factors should I consider when choosing a safe forex broker?

When choosing a safe broker, investors should focus on key factors such as regulatory qualifications, fund security, and trading transparency. In general, priority should be given to platforms regulated by major regulatory authorities, such as the Financial Conduct Authority, the U.S. Securities and Exchange Commission, and the Australian Securities and Investments Commission. At the same time, attention should also be paid to: whether client funds are kept in segregated accounts, whether the fee structure is transparent, and whether there are many negative complaints or withdrawal problems. By combining WikiFX ratings and user feedback, investors can evaluate broker risks more comprehensively.

18h
United States
View More
Write a comment
3
Customer ServiceDownload AppScroll to TopTOP

Chrome

Chrome extension

Global Forex Broker Regulatory Inquiry

Browse the forex broker websites and identify the legit and fraud brokers accurately

Install Now

Select Country/Region
United States
※ WikiFX compiles data from publicly available sources and user contributions. While we endeavor to maintain its accuracy, we do not warrant the information's completeness, accuracy, or timeliness, as it may become outdated. Investors are strongly advised to verify critical details with official sources before making any decisions.
You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
consumer hotline:006531290538
Official Email:support@wikifx.com;
Mobile Phone Number:234 706 777 7762;61 449895363
Telegram:+60 103342306
Whatsapp:+852-6613 1970;
License or other information error corrections, please send the information to:qa@wikifx.com
Cooperation:business@wikifx.com