Company Profile
| NYXReview Summary | |
| Founded | 2020-07-09 |
| Registered Country/Region | Turkey |
| Regulation | Unregulated |
| Market Instruments | Forex/Commodities/Stocks/Cryptocurrencies/Indices/Futures/Shares/ETFs/Bonds |
| Demo Account | ✅ |
| Leverage | Up to 1:2000 |
| Spread | As low as 0.1 pips(except for Custom accounts) |
| Trading Platform | MT5 (Windows/Mac/LINUX/Mobile (iOS/Android)) |
| Min Deposit | $10 |
| Customer Support | Phone: +90 (534) 0352160 |
| Email: helpdesk@nyxbroker.com | |
| Instagram/Facebook/Twitter/LinkedIn/WhatsApp | |
| Online chat | |
NYX Information
NYX is a brokerengaged in various tradable instruments with a maximum leverage of 1:2000 including forex, commodities, stocks, cryptocurrencies, indices, futures, shares, ETFs, and bonds. The broker also provides five accounts, including Pro, ECN VIP, ECN, Custom, and Promotion. The minimum spread is from 0.1 pips(except for Custom accounts) and the minimum deposit is $10. A deposit bonus of up to 30%. However, NYX is still risky due to its unregulated status and high leverage.
Pros and Cons
| Pros | Cons |
| Spread as low as 0.1 pips(except for Custom accounts) | Unregulated |
| Various tradable instruments | No 24/7 customer support |
| MT5 available | Leverage up to 1:2000 |
| Demo account available | |
| Copy trade available |
Is NYX Legit?
NYX is not regulated, making it less safe than regulated brokers.
What Can I Trade on NYX?
Traders can choose different investment directions because the broker provides traders access to forex, commodities, stocks, cryptocurrencies, indices, futures, shares, ETFs, and bonds.
| Tradable Instruments | Supported |
| Forex | ✔ |
| Commodities | ✔ |
| Stocks | ✔ |
| Cryptocurrencies | ✔ |
| Indices | ✔ |
| Futures | ✔ |
| Shares | ✔ |
| ETFs | ✔ |
| Bonds | ✔ |
| Mutual Funds | ❌ |
| Precious Metals | ❌ |
Account Type
NYX has five account types with different opening conditions: Pro, ECN VIP, ECN, Custom, and Promotion. Traders who want low spreads can choose a custom account, and traders who want low leverage can choose a promotion account.
| Account Type | Pro | ECN VIP | ECN | Custom | Promotion |
| Minimum deposit | $100 | $100 | $100 | Negotiate | $500 |
| Maximum leverage | 1:300 | 1:300 | 1:300 | 1:2000 | 1:200 |
| Minimum Spread | 5 pips(Raw) | 0.2 pips | 1 pips(Raw) | 0 pips/floating/fix | 1.50 pips |
| Swap | No | No | Yes | Negotiate | Yes |
| Commission | Instrument base from 2$/lot | Instrument base from 12$/lot | Instrument base from 6$/lot | Negotiate | Instrument base from 8$/lot |
| Margin call | 60% | 60% | 60% | Customizable | 100% |
| Stop out | 30% | 30% | 30% | Customizable | 50% |
| Max lot per position | 25 | 30 | 25 | Customizable | 25 |
| Hedge | 100% | 100% | 100% | Customizable | 100% |
NYX Fees
The spread is as low as 0.1 pips except for Custom accounts that Spread from 0 pips / floating / fix, the commission is charged, and the minimum swap is from 0. The lower the spread, the faster the liquidity.
Leverage
The maximum leverage is 1:2000 meaning that profits and losses are magnified 2,000 times.
Trading Platform
NYX cooperates with the authoritative MT5 trading platform available in Windows, Mac, LINUX, and Mobile (iOS and Android) versions. Traders with rich experience are more suitable for using MT5.
| Trading Platform | Supported | Available Devices |
| MT5 | ✔ | MT5 (Windows/Mac/LINUX/Mobile (iOS/Android) |
Deposit and Withdrawal
The minimum deposit is $10. Deposit and withdrawal methods include Bank Transfer, Webmoney, Tether, Cryptocurrency, and cash. The processing time of Bank Transfers and cash is at the moment. The processing time of Webmoney, Tether, and Cryptocurrency is 1 minute up to 60 minutes. In addition, traders also deposit and withdraw through Neteller, Bitcoin, Perfect Money, and VISA.
