In this NessFX Review, we are going to take a look at the offer that this broker prepared for its traders. NessFX is regulated by the CySEC in Cyprus. NessFX operates on the financial market since 2016. When it comes to trading platforms, the broker features MetaTrader 4. The NessFX minimum deposit is 500 USD.
Between 74-89% of retail investor accounts lose money when trading CFDs You should consider whether you can afford to take the high risk of losing your money
Basic information from this NessFX Review
| Website address: | nessfx.com |
| Operated by: | FXNET Limited |
| Licensed and authorised by regulatory bodies: | CySec |
| Supported languages: | English, German, Spanish, French and Italian |
| Customer support available via: | E-mail, phone, live-chat |
| Contact details: | [email protected] +357 25 022 870 |
| Available deposit methods: | Credit and debit Cards, Skrill, Neteller, Wire transfer |
| Available withdrawal methods: | Credit and debit Cards, Skrill, Neteller, Wire transfer |
| Minimum deposit: | 500 USD |
| Min. trade in lots: | 0.01 |
| Spreads: | Typical spread on the currency pair EUR/USD - 2,3 pips * on standard account type |
| Tradable assets: Might be a CFD. | Forex (51), commodities (14), indices (16), cryptocurrencies (4) |
| Mobile app: |  |
| MetaTrader 4: | |
| Other trading platforms: | |
| Maximum leverage: The maximum available leverage can be limited by local financial regulators or by international regulations, in such case, the displayed maximum leverage may not match the leverage you can actually trade with. For instance, in the European Union, the financial regulator ESMA restricts the maximum available leverage to 1:30 when trading major currency pairs, 1:20 when trading minor pairs and commodities and 1:2 when trading cryptocurrencies. Similar restrictions apply in Australia and possibly in other jurisdictions. | 1:200 |
| Social trading: |  |
NessFX Fees (typical spreads)
We have scanned fees (typical spreads) that NessFX charges when trading popular currency pairs, here is their breakdown in pips.
| EUR/GBP | EUR/USD | USD/CHF | EUR/JPY | GBP/USD | USD/JPY |
|---|---|---|---|---|---|
| * | 2,3* | * | * | 2,5* | 2,4* |
*Typical spreads were recorded on 17.09.2020 at 09:56 for the standard account. NessFX spreads in the table above serve as illustrative examples only as they for instance, may change according to the market conditions.
Random reviews of competing FX & CFD brokers: 1000Extra, FXBTG.nz, SwipeCapital and FXBFI
Frequently Asked Questions
🧐 Is NessFX a Scam?
NessFX is a broker licensed and regulated by the CySec. While regulation gives to brokers much needed credibility, it still does not mean every regulated broker is honest. In order to be sure that NessFX is not a scam, read our trader reviews and check other popular trading related websites and forums.
🆓 What is the NessFX minimum deposit?
In order to start trading with NessFX, you have to deposit at least 500 USD (Trading accounts can also be held in USD, EUR, GBP).
📵 What deposit and withdrawal methods NessFX supports?
⚖️ Would you recommend me choosing NessFX?
We don’t have our own personal experience with NessFX. However, because the broker is regulated by the CySec, there is a high chance that it is not a scam. With that being said, it still does not mean that NessFX is the best option, as there are also hundreds of other regulated brokers with similar or even better trading conditions.
Should you be looking for a highly reliable broker featuring forex trading and CFDs, you can get your hands on our marketing broker Etoro – (77% of of retail investor accounts lose money when trading CFDs with this provider), which is a CySEC regulated company that allows trading from as little as $50 and charges highly competitive fees on all assets.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
Between 74-89% of retail investor accounts lose money when trading CFDs
You should consider whether you can afford to take the high risk of losing your money ¹ Variable spreads, spreads recorded for the EUR/USD on 11.01.2024 at 11:42 GMT.
I have trouble with company Nessfx. They say they have offices in London. Nessfx.com is their web page. They do not want to stop calling me. They want me to give them my personal and credit card info and to invest in stocks online. They are calling not only me, they are calling people all around Europe. Its insane. Through friends i found out their true location and real name of the company. They are using several different domeins. Nessfx, Dow500, Dow300, Belfx, Stocks24.
Not sure what the deal is with them, but I also got a call from someone who presented herself as Sophie (refused to give the last name) claiming she represents this company, trying to lure me to get somewhat involved.
The discussion took a clear U turn when I mentioned that, ok, I am willing to consider, but I’ll contact the company directly after I speak with my broker. This activated Sophie to say things like “but wait, you cannot contact them directly”, “you don’t have to call them”, “we are supposed to call you and have someone guide you” and all that. At which point, it was clear to me where this is going. Again, not sure whether NESSFX is even involved, but at least some folks are claiming they represent that company, most probably to scam you.
Be very careful about such phonecalls.
Šire zlo, posao im je krađa, krađa, krađa.