Score
NessFx
Cyprus|10-15 years| https://nessfx.com/
Website
Rating Index
MT4/5 Identification
MT4/5
Full License
FxNet-Demo
NetherlandsInfluence
D
Influence index NO.1
Bangladesh 2.47MT4/5 Identification
MT4/5 Identification
Full License
NetherlandsInfluence
Influence
D
Influence index NO.1
Bangladesh 2.47Surpassed 72.60% brokers
Contact
Licenses
Single Core
1G
40G
Contact number
+357 25 108 111
+357 25 022 870
Other ways of contact
Broker Information
More
FXNET Limited
NessFx
Cyprus
Pyramid scheme complaint
Expose
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WikiFX Verification
Cyprus| Benchmark | -- |
|---|---|
| Maximum Leverage | 1：500 |
| Minimum Deposit | $500 |
| Minimum Spread | from 2.3 |
| Products | Currencies Metals, Energies, Grains & Softs Equity Indices & Shares |
| Currency | -- |
|---|---|
| Minimum Position | -- |
| Supported EA | |
| Depositing Method | -- |
| Withdrawal Method | -- |
| Commission | -- |
| Benchmark | -- |
|---|---|
| Maximum Leverage | 1：500 |
| Minimum Deposit | $2 000 |
| Minimum Spread | from 1.9 |
| Products | Currencies Metals, Energies, Grains & Softs Equity Indices & Shares |
| Currency | -- |
|---|---|
| Minimum Position | -- |
| Supported EA | |
| Depositing Method | -- |
| Withdrawal Method | -- |
| Commission | -- |
| Benchmark | -- |
|---|---|
| Maximum Leverage | 1：500 |
| Minimum Deposit | $20 000 |
| Minimum Spread | from 0 |
| Products | Currencies Metals, Energies, Grains & Softs Equity Indices & Shares |
| Currency | -- |
|---|---|
| Minimum Position | -- |
| Supported EA | |
| Depositing Method | -- |
| Withdrawal Method | -- |
| Commission | -- |
- Fundamental Item(A)
- Total Supplementary Items(B)
- Debt Amount(C)
- Non-Fixed Capital(A)+(B)-(C)=(D)
- Relative amount of risk(E)
- Market Risk
- Transaction Risk
- Underlying Risk
Capital
$(USD)
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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.
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.
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