WikiFX, as an independent third-party information service platform, is dedicated to providing users with comprehensive and objective broker regulatory information services. WikiFX does not directly engage in any forex trading activities, nor does it offer any form of trading channel recommendations or investment advice. The ratings and evaluations of brokers by WikiFX are based on publicly available objective information and take into account the regulatory policy differences of various countries and regions. Broker ratings and evaluations are the core products of WikiFX, and we firmly oppose any commercial practices that may compromise their objectivity and fairness. We welcome supervision and suggestions from users worldwide. To report any concerns, please contact us: report@wikifx.com
您当前语言与浏览器默认语言不一致,是否切换?
切换
Global Broker Regulation & Inquiry App

Score

0123456789
.
0123456789
0123456789
/10

NeithFX

Australia|1-2 years|
Suspicious Scope of Business|High potential risk|

https://neithfx.com/?lang=en

Website

Rating Index

Contact

support@neithfx.com
https://neithfx.com/?lang=en
Level 16 175 Pitt St, Sydney 2000, NSW.

Licenses

No valid regulatory information, please be aware of the risk!

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

Single Core

1G

40G

Open Now

Contact number

Other ways of contact

Broker Information

More

Company Name

Neith Capital Limited

Abbreviation

NeithFX

Platform registered country and region

Australia

Company website

Pyramid scheme complaint

Expose

Check whenever you want

Download App for complete information

Warning: Low score, please stay away!
Previous Detection : 2024-11-25
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

NeithFX · WikiFX Survey

Users who viewed NeithFX also viewed..

XM

9.05
Score
10-15 yearsRegulated in AustraliaMarket Making(MM)MT4 Full License
Official website

Neex

9.12
Score
15-20 yearsRegulated in AustraliaMarket Making(MM)MT4 Full License
Official website

FP Markets

8.88
Score
15-20 yearsRegulated in AustraliaMarket Making(MM)MT4 Full License
Official website

ATFX

8.92
Score
5-10 yearsRegulated in AustraliaMarket Making(MM)MT4 Full License
Official website

NeithFX · Company Summary

Aspect Information
Company Name NeithFX
Registered Country/Area Australia
Founded year 2023
Regulation Labeled as a suspicious clone by the NFA
Market Instruments Forex, Commodities, Stock Indices, Cryptocurrencies
Account Types N/A
Minimum Deposit N/A
Maximum Leverage 1:100
Spreads Varies by currency pair; e.g., EURUSD: 0.7 pips
Trading Platforms N/A
Customer Support support@neithfx.com
Deposit & Withdrawal Bank Transfer, Cryptocurrency remittance (USDT)

Overview of NeithFX

Established in 2023 in Australia, NeithFX offers over 60 forex pairs with competitive fees, such as $11 per 100,000 currencies traded.

Despite a wide range of trading assets including forex, commodities, stock indices, and cryptocurrencies, its educational resources are lacking. Accessible customer support via +123456789 is a plus, yet its regulatory status is dubious, labeled as a suspicious clone by the NFA.

Limited payment methods and leverage options further detract from its appeal.

Overview of NeithFX

Regulatory Status

NeithFX, being labeled as a suspicious clone by the NFA, operates under heightened scrutiny due to its regulatory status.

Traders on the platform face increased uncertainty and risk, given the potential lack of oversight and accountability. This regulatory designation underscores the importance of thorough due diligence for traders, who must be vigilant in assessing the platform's legitimacy and adherence to regulatory standards.

Regulatory Status

Pros and Cons

Pros Cons
Fair fees (e.g., $11 per 100,000 currencies) Labeled as a suspicious clone by the NFA
Wide range of trading assets (60+ forex pairs) Limited educational resources
Accessible customer support Limited payment methods

Pros:

  • Fair Fees: NeithFX offers fees in line with industries, such as $11 per 100,000 currencies traded. This transparent fee structure benefits traders, as it allows for clear cost calculations and effective risk management.

  • Wide Range of Trading Assets: With access to over 60 forex pairs, NeithFX provides traders with a wide selection of financial instruments to trade.

  • Accessible Customer Support: NeithFX offers accessible customer support through channels like a dedicated contact number, such as +123456789.

Cons:

  • Labeled as a Suspicious Clone by the NFA: NeithFX's regulatory status is questionable, as it has been labeled as a suspicious clone by the NFA.

  • Limited Educational Resources: One drawback of NeithFX is its limited educational resources. While the platform offers basic market information and news updates, it lacks comprehensive educational materials such as trading guides.

  • Limited Payment Methods: NeithFX has a limited selection of payment methods available for funding accounts and withdrawing funds, only including Domestic bank transfer and Cryptocurrency remittance (USDT) .

Market Instruments

The platform offers 60 foreign exchange pairs, allowing investors to capitalize on fluctuations in currency values across major and minor pairs.

Additionally, NeithFX facilitates trading in commodity markets, encompassing energy resources and precious metals, providing opportunities for portfolio diversification and exposure to commodities' price movements.

Moreover, users can trade stock indexes, enabling speculation on the performance of various global equity markets.

Furthermore, NeithFX supports the trading of major cryptocurrencies, allowing investors to participate in the burgeoning digital asset space.

Market Instruments

How to Open an Account?

Opening an account with NeithFX is a straightforward process that involves the following concrete steps:

  1. Enter Email: Begin by visiting the NeithFX website and locating the account registration section. Input your email address into the designated field and submit the form. Shortly after, you will receive login credentials and further instructions via email. This initial step serves as the first point of contact to initiate the account creation process.

How to Open an Account?
  1. Entering Basic Information: Once you've received the login information, proceed to log in to the NeithFX platform using the provided credentials. Upon successful login, you will be prompted to complete your profile by entering basic personal information. This typically includes your full name, residential address, and contact details. Ensure accuracy when inputting this information to expedite the account verification process.

  2. Submit Confirmation Documents: After entering your basic information, NeithFX requires you to submit verification documents to confirm your identity and address. Typically, these documents include government-issued identification such as a passport or driver's license for identity verification, along with a utility bill or bank statement for address verification.

  3. Open an Account: Once you've completed the above steps and submitted the necessary verification documents, NeithFX will review your information and documents for compliance purposes. Upon successful verification, your account will be opened, granting you access to NeithFX's trading platform and services. You can then proceed to fund your account and start trading various financial instruments available on the platform.

How to Open an Account?

Leverage

NeithFX offers a maximum leverage of 1:100, allowing traders to amplify their trading positions by up to 100 times the amount of their initial investment.

Leverage

Spreads & Commissions

NeithFX offers competitive spreads and commissions, with detailed numbers provided for transparency.

For instance, the EURUSD pair boasts a spread of 0.7 pips, while USDJPY and GBPUSD feature spreads of 1 pip each. AUDUSD and USDCAD exhibit spreads of 0.8 pips and 1.1 pips, respectively.

Additionally, NeithFX charges a transaction fee of $11 per 100,000 currencies (1 lot), inclusive of taxes.

When compared to fees levied by popular brokers in the market, NeithFX's fee structure appears to be in line with industry standards, neither significantly higher nor lower.

Spreads & Commissions
Spreads & Commissions

Deposit & Withdrawal

NeithFX offers two primary payment methods: Domestic bank transfer and Cryptocurrency remittance (USDT).

For domestic bank transfers, customers can utilize national banks to deposit funds into their trading accounts. Transfer fees for these transactions are typically paid by the customer. Deposits made via domestic bank transfer are usually processed swiftly, with funds reflecting in the trading account within 15 minutes.

However, if payment confirmation isn't received by 5 pm, the deposit will be reflected on the next business day, ensuring transparency and timely processing.

NeithFX applies payment fees associated with certain transaction methods.

For instance, customers utilizing cryptocurrency remittance via USDT (TRC20) incur a commission of 1 USDT plus 3% of the transaction amount.

Deposit & Withdrawal

Customer Support

Customers can reach out to the support team via email at support@neithfx.com for prompt assistance.

The customer support team is available to address various issues, including account-related queries, technical assistance, and trading inquiries.

Customer Support

Educational Resources

NeithFX provides basic educational resources through simple market information and news updates. While this offers some insight into market trends, it lacks the depth and variety of educational materials provided by many popular brokers.

Educational Resources

Conclusion

In conclusion, NeithFX presents a mixed bag of advantages and disadvantages.

On the positive side, it offers competitive fees, a wide range of trading assets, and accessible customer support.

However, its regulatory status as a suspicious clone by the NFA raises risks about legitimacy.

Additionally, limited educational resources, payment methods, and leverage options hinder trader experience.

FAQs

  1. Question: What trading instruments are available on NeithFX?

  1. Answer: NeithFX offers a variety of trading instruments, including forex, commodities, stock indices, and cryptocurrencies.

  1. Question: What is the maximum leverage offered by NeithFX?

  1. Answer: NeithFX offers a maximum leverage of 1:100, allowing traders to amplify their positions by up to 100 times the amount of their initial investment.

  1. Question: How can I contact customer support at NeithFX?

  1. Answer: You can contact NeithFX customer support via email at support@neithfx.com or by phone at +123456789.

  1. Question: Are there different account types available on NeithFX?

  1. Answer: Yes, NeithFX offers multiple account types, including Standard, Premium, and VIP accounts, each with varying features and benefits.

  1. Question: What payment methods can I use to deposit and withdraw funds on NeithFX?

  1. Answer: NeithFX supports bank transfers and cryptocurrency remittance (USDT) for depositing and withdrawing funds from trading accounts.

What are Clone Brokers?

The proliferation of clone brokers is a growing risk, as deceitful entities exploit the names of reputable firms to dupe unsuspecting clients into believing they are trading with a regulated forex company. They go as far as appropriating the license numbers of legitimate brokers to lure traders into opening accounts with them.

Staying vigilant is paramount in thwarting these scams. Moreover, these fraudulent firms resort to aggressive tactics, such as boiler room schemes, to pressure clients into opening accounts or increasing their deposits.

Review 4

4 Comments
Write a comment
All(4) Latest Positive(3) Exposure(1)
Write a comment
TOP

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
  • Hong Kong

  • Taiwan

    tw.wikifx.com

  • United States

    us.wikifx.com

  • South Korea

    kr.wikifx.com

  • United Kingdom

    uk.wikifx.com

  • Japan

    jp.wikifx.com

  • Indonesia

    id.wikifx.com

  • Vietnam

    vn.wikifx.com

  • Australia

    au.wikifx.com

  • Singapore

    sg.wikifx.com

  • Thailand

    th.wikifx.com

  • Cyprus

    cy.wikifx.com

  • Germany

    de.wikifx.com

  • Russia

    ru.wikifx.com

  • Philippines

    ph.wikifx.com

  • New Zealand

    nz.wikifx.com

  • Ukraine

    ua.wikifx.com

  • India

    in.wikifx.com

  • France

    fr.wikifx.com

  • Spain

    es.wikifx.com

  • Portugal

    pt.wikifx.com

  • Malaysia

    my.wikifx.com

  • Nigeria

    ng.wikifx.com

  • Cambodia

    kh.wikifx.com

  • Italy

    it.wikifx.com

  • South Africa

    za.wikifx.com

  • Turkey

    tr.wikifx.com

  • Netherlands

    nl.wikifx.com

  • United Arab Emirates

    ae.wikifx.com

  • Colombia

    co.wikifx.com

  • Argentina

    ar.wikifx.com

  • Belarus

    by.wikifx.com

  • Ecuador

    ec.wikifx.com

  • Egypt

    eg.wikifx.com

  • Kazakhstan

    kz.wikifx.com

  • Morocco

    ma.wikifx.com

  • Mexico

    mx.wikifx.com

  • Peru

    pe.wikifx.com

  • Pakistan

    pk.wikifx.com

  • Tunisia

    tn.wikifx.com

  • Venezuela

    ve.wikifx.com

United States
※ The content of this website abides with local laws and regulations.
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:qawikifx@gmail.com
Cooperation:fxeyevip@gmail.com