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    NYFX:NYFX -Overview Guide of This Broker

    Abstract:NYFX Global is the trading name of NYFX Financial Service LLC, providing efficient multi-asset trading services to retail, professional and institutional investors worldwide. NYFX is an authorized and regulated broker by the Financial Services Authority of St. Vincent and the Grenadines (SVG&FSA) (Regulatory Number: 367 LLC2020).

      General Information & Regulation

      NYFX global is the trading name of NYFX Financial Services LLC licensed and regulated by Financial Services Authority St.Vincent and the Grenadines (SVG FSA), providing retail, professional, and institutional clients with multi-asset trading. NYFX is in full compliance with the regulatory rules and regulations applicable to the financial services authority of Saint Vincent and the Grenadines (SVG FSA). Supervision No.: 367 LLC 2020.

      Markets Instruments

      NYFX provides investors with popular and mainstream tradable instruments in the global financial market, including Forex (over 40 tradable currency pairs, major, minor, and exotic currency pairs), commodities (metals, energies, and soft commodities), indices (spot and futures products), stocks (US and EU stocks) and bonds.

       Minimum Deposit

      Four account options are listed on NYFX platform: Variable, Fix , ECN and VIP accounts. The minimum initial deposit fror the variable and fix accounts is only $10, while the minimum deposit for the ECN and VIP account soars to $1,000.

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      Leverage & Account

      In terms of trading leverage, leverage is up to 1:1000 for Forex instruments, 1:200 for Commodities trading, 1:100 for Indices, 1:50 for Stocks, and 1:10 for Bonds.

      Spreads & Commissions

      The minimum spread for Variable accounts is 1.4 pips for EURUSD, 1.5 pips for EURGBP, 1.5 pips for Gold, and 1.5 pips for Silver. The lowest spread for fixed spread accounts is 1.6 pips for EURUSD, 2.2 pips for EURGBP, 3.7 pips for Gold, and 1.5 pips for Silver. The lowest spread is 0.8 pips, the lowest spread for Silver is 0.8 pips. For the Variable account, the fixed spread account, and the VIP account, commissions are calculated into spreads for forex trading.

      Trading Platform

      The MT4 is an intuitive and flexible user interface that provides traders with ample room for full customization. MT5 is the most advanced online trading platform, the latest version of MT4, with professional charting tools and a full range of professional features such as order following and automated trading. Both trading platforms are available in web, desktop, Android, and iOS versions, allowing traders the flexibility to choose according to their needs.

      Deposit & Withdrawal

      The minimum withdrawal limit is $50, and forex traders can only withdraw the available balance. If the trader has any open positions, he should carefully consider the amount to be withdrawn. If the user's margin ratio is less than or equal to 100% after the withdrawal amount is deducted, then the user's withdrawal application will not be processed.

    Russian Ruble

    • United Arab Emirates Dirham
    • Australia Dollar
    • Canadian Dollar
    • Swiss Franc
    • Chinese Yuan
    • Danish Krone
    • Euro
    • British Pound
    • Hong Kong Dollar
    • Hungarian Forint
    • Japanese Yen
    • South Korean Won
    • Mexican Peso
    • Malaysian Ringgit
    • Norwegian Krone
    • New Zealand Dollar
    • Polish Zloty
    • Russian Ruble
    • Saudi Arabian Riyal
    • Swedish Krona
    • Singapore Dollar
    • Thai Baht
    • Turkish Lira
    • United States Dollar
    • South African Rand

    United States Dollar

    • United Arab Emirates Dirham
    • Australia Dollar
    • Canadian Dollar
    • Swiss Franc
    • Chinese Yuan
    • Danish Krone
    • Euro
    • British Pound
    • Hong Kong Dollar
    • Hungarian Forint
    • Japanese Yen
    • South Korean Won
    • Mexican Peso
    • Malaysian Ringgit
    • Norwegian Krone
    • New Zealand Dollar
    • Polish Zloty
    • Russian Ruble
    • Saudi Arabian Riyal
    • Swedish Krona
    • Singapore Dollar
    • Thai Baht
    • Turkish Lira
    • United States Dollar
    • South African Rand
    Current Rate  :
    --
    Amount
    Russian Ruble
    Available
    -- United States Dollar
    Risk Warning

    The Database of WikiFX comes from the official regulatory authorities , such as the FCA, ASIC, etc. The published content is also based on fairness, objectivity and fact. WikiFX doesn't ask for PR fees, advertising fees, ranking fees, data cleaning fees and other illogical fees. WikiFX will do its utmost to maintain the consistency and synchronization of database with authoritative data sources such as regulatory authorities, but does not guarantee the data to be up to date consistently.

    Given the complexity of forex industry, some brokers are issued legal licenses by cheating regulation institutes. If the data published by WikiFX are not in accordance with the fact, please click 'Complaints 'and 'Correction' to inform us. We will check immediately and release the results.

    Foreign exchange, precious metals and over-the-counter (OTC) contracts are leveraged products, which have high risks and may lead to losses of your investment principal. Please invest rationally.

    Special Note, the content of the Wikifx site is for information purposes only and should not be construed as investment advice. The Forex broker is chosen by the client. The client understands and takes into account all risks arising with Forex trading is not relevant with WikiFX, the client should bear full responsibility for their consequences.