Nessfx Review Review 2024 - Is Legit or Scam | Forexing.com (2024)

Description General Information Trading Preference Payment Options Trading Features Trading Instruments Promotion Support Contact Information User Feedback

Nessfx General Information

๐Ÿ‘ค Broker Name : Nessfx
๐Ÿฃ Company Name : FxNet Limited
๐Ÿ“… Foundation Year : 2016
โœ… Regulated by : CySEC
๐Ÿข Headquarters : Cyprus
๐Ÿ“‰ Broker Type : STP

๐Ÿ’ต Nessfx Minimum Deposit :

200 USD
๐Ÿ’น Maximum Leverage : 1:200
๐Ÿ’ฑ Base Currency : EUR, USD, GBP

Our Nessfx Review

Nessfx Review Review 2024 - Is Legit or Scam | Forexing.com (1)

NESSfx review 2020 โ€“ A Simple Guide

SFX is a Contract for Difference (CFD) broker. It is a subsidiary of the Fxnet Ltd, which is registered by the Cyprus Securities and Exchange Commission (CySEC). FXNET Ltd also manages a number of other brokerage firms, namely, +NetMarkets, FxNet, and Rynki, which offer slightly different offers compared to NESSfx.

By being a CFD broker, NESSfx offers currency pair CDFs, Commodity CFDs, Indices CFDs, Shares CFDs, Bonds CFDs, and Cryptocurrency CFDs.

XTB Summary

Broker name: NESSfx

Official webpage: https://nessfx.com

Regulation: CySec

Headquarters: 4 Theklas Lysioti St, Harmony House Office 31, 3rd Floor, 3030 Limassol, Cyprus

Minimum initial deposit: $500

Demo account: Yes

Tradable assets: Forex, Indices, Bonds, Shares, Commodities, and Cryptocurrencies

Max Leverage: 1:500

Trading platforms: MT4

Order Execution: Market Execution

Mobile Trading platforms: Yes

Fixed Spreads: NO

Spreads: Micro Account from 2.3 pips, Premium account from 1.9 pips and Platinum account from 0

Deposit methods: Credit Card, Neteller, Wire Transfer, iDeal, and Przelewy

Withdrawal Methods: Credit Card, Neteller, Wire Transfer, iDeal, and Przelewy

XTB Regulation

NESSfx is a regulated broker. It is managed by FXNET Ltd, which is regulated by the Cyprus Securities and Exchange Commission (CySEC). Its License number is 182/12, and its certificate of incorporation is 300624.

Account Opening

To open an account with NESSfx, you require to go through three simple steps:

  1. Fill in the registration form online on their official website, after which you shall receive an SMS/Email containing your PIN the Members area.
  2. Fill in the Appropriateness Test and complete the registration process from the Secure Members Area.
  • Choose the type of account that you want to open and the base currency that you want to use.
  1. Deposit Funds to your account.
  2. Then attach some documents for identification and verification. The documents required include proof of Identity, a Proof of Residence, and proof of deposit. The proof of deposit will depend on the type of deposit method that you have chosen to use.

Account Types

NESSfx Broker offers a demo account and four types of live trading accounts, which traders can choose during their registration process; the Micro account, the Premium Account, the Platinum Account, and the Islamic Account. The main difference is the initial deposit, spreads, and customer support services.

The Micro Account

This account requires a minimum deposit of $500, and it has spreads starting from 2.3 pips. It has swaps in the form of points, but it has no commissions.

The maximum Leverage is 1:500.

A trader with a Micro account can have a maximum of 200 orders running at the same time.

Scalping and hedging are allowed.

The disadvantage with this account type is that traders do not enjoy the 24 hours Brokerage Support.

The Premium Account

This account requires a minimum deposit of $2,000, and it has spreads starting from 1.9 pips. It has swaps in form of points, but it has no commissions.

The maximum Leverage is 1:500.

A trader with a Micro account can have a maximum of 200 orders running at the same time.

Scalping and hedging are allowed.

Contrary to the Micro account, Traders with a Premium account enjoy the 24 hours Brokerage Support.

The Platinum Account

This account is normally for elite traders. It requires a minimum deposit of $20,000, and it has spreads starting from 0 pips. It has swapped in form of points and commissions.

The maximum Leverage is 1:500.

A trader with a Micro account can have a maximum of 200 orders running at the same time.

Scalping and hedging are allowed.

Contrary to the Micro account, Traders with a Premium account enjoy the 24 hours Brokerage Support.

The Islamic Account

This account is normally set to allow Muslims to trade.

This account is similar to the Micro account.

Trading Platforms

NESSfx uses the MetaTrader4 platform for its web trading, mobile trading and also desktop trading.

Conclusion

NESSfx is a regulated broker that offers user-friendly Forex, Indices, Bonds, Shares, Commodities, and Cryptocurrencies trading services.

Other than the high initial deposit, the broker has some of the best CFD brokerage services.

Trading Preference

๐Ÿ’ฐ Minimum Spreads : 1.2 Pips
๐ŸŽฎ Demo Account :
๐Ÿ“’ Mini Account :
โœจ VIP Account :
๐Ÿ“’ Segregated Account :
โ˜ช๏ธ Islamic Account :
๐Ÿ“’ Managed Account :

Payment Options

๐Ÿ’ณ Deposit Methods : Credit Cards, Skrill, Neteller, Wire transfer
๐Ÿ’ณ Withdrawal Methods : Credit Cards, Skrill, Neteller, Wire transfer

Trading Features

๐Ÿ“Š Trading Platforms : MetaTrader4
๐Ÿ’ฐ Fixed Spreads : 1.2 Pips
๐Ÿ“ˆ Hedging :
๐Ÿ“ˆ Scalping :
๐Ÿ“ฑ Mobile Trading :
๐Ÿ’ป Web Trading :
๐Ÿ“ฐ Trading News :

Promotion

๐ŸŽ No Deposit Bonus :
๐ŸŽ Deposit Bonus :
๐Ÿš€ Other's Promotion :

Get Latest Nessfx Promotion

Contact Information

๐ŸŒ Website : www.nessfx.com
๐Ÿ“ง E-mail : [emailprotected]
โ˜Ž๏ธ Telephone : +357 25 022 870
๐Ÿ“ฎ Address : 4 Theklas Lysioti St, Harmony House, Office 31, 3rd Floor, 3030 Limassol, Cyprus

User Feedback

1 Review

Add Your Review

  1. Nessfx Review Review 2024 - Is Legit or Scam | Forexing.com (2)

    D.m.n

    April 28, 2022 at 9:14 pm

    The company is, to put it mildly, a bunch of scammers. They have a very aggressive marketing policy. The scheme is the usual! You start trading, then they start calling to explain how you need to add more funds. You are transferred from broker to broker, and finally comes the broker, who explains to you that they are probably doing you a favor. And so came the moment when all my orders were closed. The reason why they told me that this happened was that the account fell into the risk zone ๐Ÿ™‚ a definition that was not explained to me. My personal opinion about this company is that not investing in them will surely waste your time and money.

    Reply

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Nessfx Review Review 2024 - Is Legit or Scam | Forexing.com (2024)

FAQs

Is NessFx legit? โ€บ

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.

How do you know if a review is legit? โ€บ

Spotting fake reviews is difficult, but these seven tips can help, especially when shopping online
  1. Look at the dates of the reviews. ...
  2. Watch out for reviews that use similar language. ...
  3. Beware of social media reviews. ...
  4. See whether the reviewer's purchase was verified. ...
  5. If it sounds too good to be true, it probably is.

How do I know if forex is legit? โ€บ

Let's look at 5 indicators of a forex broker scam that will help you identify these common scam techniques:
  1. Check your Broker's Regulatory Info. ...
  2. Check Regulator's Website Database and Quality. ...
  3. The Broker Guarantees High Immediate Returns. ...
  4. The Broker Does Not Respond to Queries. ...
  5. Read the Clients' Reviews.
Mar 7, 2024

What is the best forex signal website? โ€บ

Best Forex Trading Signals Providers
  • Acuity Trading. ...
  • Autochartist. ...
  • MetaTrader Signals Market. ...
  • Signal Centre. ...
  • Trading Central.
May 23, 2024

How to check if a site is real or fake? โ€บ

List of 10 Ways to Know Whether a website is fake or not!
  1. Pay Attention to Website URL.
  2. Check for a Privacy Policy.
  3. Poor grammar and Website Design.
  4. Lack of Contact Information.
  5. Age of Website.
  6. Secured Payment Options.
  7. Read Online Reviews.
  8. Check the Website's Social Media Presence.
Mar 7, 2024

Can you trust any online reviews? โ€บ

Some reviews may look suspicious, and some may look real, but it can often be nearly impossible to tell for sure. For example, you already know to watch out for reviews that seem too positive to be real, but some fake positive reviews give less than the highest possible rating in order to seem more believable.

Are fake reviews a risk? โ€บ

Your credibility and reputation will be damaged and, in the worst case, customers will no longer want to buy from you. In any case, more than half of consumers say that they would no longer buy a product if they had found a fake (positive) review.

How do you know if an exchange company is legit? โ€บ

To see if a site is registered, visit fincen.gov/msb- registrant-search. Registration alone won't protect you from fraud, but most scams involve unregistered entities, people, and products.

Is forex trading a legit company? โ€บ

In conclusion, forex trading can be a legitimate and profitable form of investment, but it is important to be aware of the potential for scams. By being vigilant and taking the necessary precautions, you can protect yourself from falling victim to a forex scam. Stay informed and stay safe in the world of forex trading.

Is forex broker killer legit? โ€บ

In general, we do not recommend that traders utilize Forex Killer or any other forex trading robots. Basically, trading forex is not a method of getting rich quick.

Can I trust forex com? โ€บ

Forex.com is a legit brokerage. It is regulated by many financial authorities, including the top-tier FCA. Its parent company, StoneX Group Inc, is listed on the NASDAQ stock exchange.

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