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NessFx

Cyprus|10-15 years|
Regulated in Cyprus|Market Making(MM)|MT4/5 full license|Regional Brokers|

https://nessfx.com/

Website

Rating Index

MT4/5 Identification

MT4/5

Full License

OLOplatforms-Demo

Netherlands
MT4
2

Influence

D

Influence index NO.1

Bangladesh 2.47

MT4/5 Identification

MT4/5 Identification

Full License

2
Server Name
OLOplatforms-Demo MT4
Server Location Netherlands

Influence

Influence

D

Influence index NO.1

Bangladesh 2.47

Surpassed 100.00% brokers

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Contact

+357 25 108 111
support@nessfx.com
https://nessfx.com/
4 Theklas Lysioti St, Harmony House Office 31, 3rd Floor, 3030 Limassol, Cyprus

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

Open Now

Contact number

English

+357 25 108 111

English

+357 25 022 870

Broker Information

More

Company Name

FXNET Limited

Company Abbreviation

NessFx

Platform registered country and region

Cyprus

Company website

Pyramid scheme complaint

Expose

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NessFx · Company Summary

Registered Country/Region Cyprus
Regulation CYSEC
Minimum Deposit $500
Maximum Leverage 1:500 for professional traders
Minimum Spreads From 0.0 pips
Trading Platform MT4 trading platform
Demo Account Yes
Trading Assets forex (over 45 currency pairs), precious metals, commodities, stocks, indices, and bonds
Payment Methods VISA, MasterCard
Customer Support Phone & Email Support

General Information & Regulation

NessFx is owned and operated by FXNET Limited; a Cypriot Investment Firm, founded in 2016, which is authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC), under license number 182/12, incorporated and registered under the laws of the Republic of Cyprus (Certificate of Incorporation No. 300624). NessFx is offering Forex and CFD trading online via the user-friendly MetaTrader 4 (MT4) platforms for desktop, web and mobile devices (iOS & Android).

Markets Instruments

NessFx offers investors a wide range of tradable financial instruments, mainly forex (over 45 currency pairs), precious metals, commodities, stocks, indices, and bonds.

NessFx Minimum Deposit

NessFx offers three types of accounts: Micro (minimum deposit of $500), Premium (minimum deposit of $2,000), and Platinum (minimum deposit of $20,000). The initial deposit for a micro account is way too high, as most broker only requires $100 to $200. Additionally, a demo account and an swap-free account are also available.

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NessFx Leverage

Leverage for retail investors: 1:30 for major currency pairs, 1:20 for minor currency pairs, Gold and major indices, 1:10 for commodities other than Gold and minor stock indices, 1:5 for stocks and other products, maximum leverage for professional traders is up to 1:500.

Spreads & Commissions

The minimum spread for Micro accounts is 2.3 pips for EURUSD, 2.5 pips for GBPUSD, 4.2 pips for Gold, and 4.8 pips for Silver. The minimum spread for the Premium account is 1.8 pips for EURUSD, 2.1 pips for GBPUSD, 3.4 pips for Gold, and 4.0 pips for Silver. The minimum spread for the Platinum account is 0.0 pips for EURUSD, 0.0 pips for GBPUSD, 3.3 pips for Gold, and 4.0 pips for Silver. Micro and Premium accounts do not charge a commission for Forex trading, while Platinum accounts charge a commission for trading. The minimum spread for U.S. crude oil is 1.3 pips and for natural gas is 1.6 pips.

Trading Platform

NessFx provides traders with a professional Forex and CFD platform - MT4 trading platform. NessFx provides traders with convenient access to the most active financial markets, a user-friendly interface for flexible and customized trading, access to a variety of dynamic trading and analytical tools.

Trading Tools

Aside from the MT4 trading platform, NessFX provides easy access to a series of trading tools, including Economic Calendar, Holiday Calendar, Market Hours, margin requirements, CFD expiry dates and more.

Deposit & Withdrawal

NessFx supports a variety of deposit and withdrawal methods, mainly VISA, MasterCard (for EUR, USD, PLN, and CZK, deposit and withdrawal fees are charged up to 3%), Przelewy (for PLN, deposit fees are charged at 1.9%, withdrawal fees may be applied by the bank), NETELLER (for EUR, USD and the CZK, deposits are charged at 3.9% with a minimum of $1 and withdrawals are charged at 2% with a minimum of $1 and a maximum of $30), Wire Transfer (for EUR, USD, PLN, CZK, deposits and withdrawals are charged at a maximum of 3%), iDeal (for EUR, deposits are charged at 3.15% and withdrawals are charged at 1% of the USD commission).

Customer Support

Nessfx have a support team on hand 24/5 if traders require any help or technical support. They can be reached via email, telephone and online chat. If investors wish to find out more about NessFx or they have general questions regarding the services that they provide, they can also check out the FAQ section on the brokers website to find instant answers to some of the more commonly asked questions.

Accepted Regions

NessFx does not provide trading or any other services to residents of the following countries and regions: Belgium, Turkey, Russia, Japan, Canada, British Columbia, Quebec, Saskatchewan and the United States of America. Some Nessfx broker features and products mentioned within this Nessfx review may not be available to traders from specific countries due to legal restrictions.

Pros & Cons

Pros Cons
CYSEC-regulated High minimum deposit requirement
Diversidied range of trading instruments Limited payment methods
Three types of trading accounts to choose from HIgh spreads on the Micro account
High leverage up to 1:500 for professional traders
MT4 trading platform available
Swap-free & demo account avaialble

Frequently Asked Questions

What is the minimum deposit amount required to make a start with NessFX?

The minimum deposit amount required to register a NessFX live tarding account is $500.

How many currency pairs can I trade with NessFx?

NessFX makes 64 forex pairs available for trade.

What trading platfrom doesNessFX provide?

NessFX provides the access to the MT4 trading platform.

Does NessFX support social trading?

Yes, Copy Trading is made available by NessFX.

News

CySEC Takes Action Against Ayers Alliance, BCS (Cyprus) for Non-Compliance

NewsCySEC Takes Action Against Ayers Alliance, BCS (Cyprus) for Non-Compliance

2022-04-20 11:51

CySEC, the Cypriot financial market regulator, maintains its war on noncompliance, announcing enforcement action against two more regulated entities on Tuesday, Ayers Alliance Financial Group Limited and BrokerCreditService (Cyprus) Limited.

WikiFX
2022-04-20 11:51
News
CySEC Takes Action Against Ayers Alliance, BCS (Cyprus) for Non-Compliance

User Reviews

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User comment

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Comments

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李春波
more than one year
As a loyal client of NessFX, I have too much to say. This broker is a reliable one that you can have a try, offering stable trading platform, and I have not encounter any technical issues during trading sessions. Customer support is very helpful, always here to answer my questions.
2023-02-27 11:50
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0
0
重新戒烟
more than one year
I opened a demo account two weeks ago, During the process I gave them my valid phone number, very bad decision. Now, they keep calling me crazily, trying to convince me more to start investing. I started to block the numbers they use, but every time they find a way to reach me. I really don’t want to trade with this one!
2022-12-09 11:08
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0
0
Georgi Ilchev
more than one year
You need to update account data for the platform it does not match advertised one in the portal portfolio. So far I am more than satisfied again just 4 months so far good collaboration. In time will provide more info.
2022-11-26 04:00
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0
0
201955405
more than one year
I have been trading with this company for 2 months, and so far I am very satisfied, and I will continue to trade if there is no accident. The amount of spreads and commissions are not very high, which I really like. I also like its leverage, up to 1:500, which allows me to trade more positions.
2022-11-23 10:20
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0
0
FX1018410120
more than one year
STAY AWAY! Spread on the Micro accounts is too high!
2022-11-15 17:21
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0
0
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