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NICOFX

United Kingdom United Kingdom | 10-15 years |
Regulated in Cyprus | Forex Execution License (STP) | Suspicious Scope of Business | High potential risk

https://cn.nicofx.com/en/index.html

Website

Rating Index

Contact

357 24 020 288
https://cn.nicofx.com/en/index.html
Company Profile 5
10-15 years
Regulated in Cyprus
Forex Execution License (STP)
Suspicious Scope of Business
High potential risk
Verified Site
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Employees
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Official Website

Verified Site

  • nicofx.com
    23.239.200.109
    Server Location
    United States United States
    ICP Registration No.
    --
    Top Visitor Locations
    --
    Creation Date
    0001-01-01
    Website Name
    WHOIS.DOMAIN.COM
    Company
    DOMAIN.COM, LLC

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NICOFX

Related Companies

MOUNT NICO CORP LTD(Cyprus)
Cyprus
MOUNT NICO CORP LTD(Cyprus)
Active
Cyprus
Registration No.HE307717
Est. Date
SourceWebsite Announcement
Employees

Company Profile

Company Profile

Review summary

Note: NICOFXs official website: https://cn.nicofx.com/en/index.html is currently inaccessible normally.

NICOFXReview Summary
Founded2013
Registered Country/RegionUnited Kingdom
RegulationCySEC (Cyprus Securities and Exchange Commission)
Market InstrumentsPrecious metals (gold, silver, platinum, palladium), Forex currency pairs
Demo Account
LeverageUp to 1:30
SpreadVariable spreads based on market conditions
Trading PlatformMT4 Margin WebTrader
Min Deposit$100
Customer SupportPhone: 35724020288
Email: cn.support@nicofx.com

NICOFX Information

NICOFX, founded in 2013, is an established brokerage registered in the United Kingdom. The trading instruments it provides cover Precious metals and Forex. But currently its website is unreachable.

NICOFX Information

Pros and Cons

Pros Cons
Diversified trading productsUnreachable website
Support MT4Office in Cyprus Does Not Exist
3 types of accounts

Is NICOFX Legit?

It is clear that NICOFX is regulated by the Cyprus Securities and Exchange Commission (CySEC), holding a license of 226/14. (Regulated)

Is NICOFX Legit?

NICOFX is also regulated by Financial Conduct Authority (FCA) in United Kingdom, holding a license of 672844(Unsubscribed).

Is NICOFX Legit?

In Germany, NICOFX is regulated by Federal Financial Supervisory Authority. The license number is 142143 (Revoked).

Is NICOFX Legit?

In France, NICOFX is regulated by The Autorité des Marchés Financiers (AMF). The license number is 75131 (Exceeded).

Is NICOFX Legit?
Is NICOFX Legit?

What Can I Trade on NicoFX?

NicoFX offers traders the opportunity to trade Precious metals (gold, silver, platinum, palladium), Forex currency pairs. However, Stocks, ETFs, funds and bonds are not accessible.

Tradable InstrumentsSupported
Precious metals
Forex currency pairs
Stocks
ETFs
Funds
Bonds

Account Types

NicoFX offers three trading accounts: the Standard Account (minimum deposit of $100), the Premium Account (minimum deposit of $5,000), and the VIP (minimum deposit of $10,000).

Account TypesStandardPremiumVIP
Minimum Deposit$100$5,000$10,000
Max Leverage1:301:301:30
Spread TypeVariableVariableVariable

NicoFX Fees

NicoFX claims to offer low and variable spreads, but does not give specific information.

Trading Platform

NicoFX's trading platform is MT4 Margin WebTrader, which supports traders on the web and mobile.

Trading PlatformSupported Available Devices Suitable for
MT4 Margin WebTraderWeb, MobileBeginner
MT5

Deposit and Withdrawal

The broker supports four payment methods: VISA, bitcoin, mastercard and WIRE TRANSFER. In addition, its minimum deposit requirement is $5,000.

Deposit Options

Deposit Options FeesProcessing Time Exchange Rate
Bank TransferNo specific fee mentioned2-5 working dayscurrent exchange rate
Union Pay1%1-4 working dayscurrent exchange rate
Visa2.4%Instantcurrent exchange rate
Mastercard2.4%Instantcurrent exchange rate
Skrill3.85%Instantcurrent exchange rate
JCB5.85%Instantcurrent exchange rate
Amex5.85%Instantcurrent exchange rate

Withdrawal Options

Withdrawal Options FeesProcessing Time Exchange Rate
Bank Transfer$402-5 working dayscurrent exchange rate
Union Pay$201-4 working dayscurrent exchange rate
Visa1%1 working daycurrent exchange rate
Mastercard1%1 working daycurrent exchange rate
Skrill1%1 working daycurrent exchange rate
JCB1%1 working daycurrent exchange rate
Amex1%1 working daycurrent exchange rate

Company Profile

  • 10-15 years
  • Regulated in Cyprus
  • Forex Execution License (STP)
  • Suspicious Scope of Business
  • High potential risk

Wiki Q&A

Is NICOFX a legitimate trading platform?

NICOFX is a regulated broker operating under Mount Nico Corp Ltd. It holds a valid Forex Execution License (STP, number: 226/14) from the Cyprus Securities and Exchange Commission (CYSEC), placing it within a formal European regulatory framework.

04-02
United States

What is the license number of NICOFX?

The primary license number for NICOFX is 226/14, which is the Forex Execution License (STP) issued by the Cyprus Securities and Exchange Commission (CYSEC). The broker also holds an EU authorized representative license under number 672844.

04-02
United States

What is the full company name of NICOFX?

The company behind the NICOFX brand is Mount Nico Corp Ltd, a firm registered in the United Kingdom and operating under CySEC regulation with a history of 10-15 years in the financial markets.

04-02
United States

How should I compare different forex brokers to find the best one?

To compare different brokers, investors can make comprehensive judgments from multiple dimensions such as regulatory qualifications, overall ratings, trading environment, account conditions, and user feedback. In general, priority should be given to regulatory status and license information, followed by WikiFX ratings and various indexes (such as risk control, software, and business indexes). At the same time, trading conditions (such as spreads and execution speed) and account information (such as minimum deposit and account types) should also be compared. In addition, user reviews, exposure records, and risk assessment information can also be considered to evaluate broker safety and trading experience from multiple aspects. The WikiFX platform also provides multi-dimensional broker comparison tools. Users can select different brokers for visual comparison and comprehensive analysis, so as to make decisions more efficiently.

04-02
United States

What are the most common and reputable forex regulatory authorities?

Common forex regulatory authorities include the Financial Conduct Authority (FCA) in the United Kingdom, the Australian Securities and Investments Commission (ASIC), the Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC) in the United States, the Cyprus Securities and Exchange Commission (CySEC), and the Monetary Authority of Singapore (MAS). These regulatory authorities usually maintain relatively high regulatory standards, and brokers regulated by them generally have higher compliance levels. You can check broker ranking lists under different regulators on the WikiFX platform, such as brokers regulated by FCA, ASIC, and CySEC, so as to compare brokers under different regulatory backgrounds more clearly and make safer choices.

04-02
United States

How can I identify a scam or fraudulent forex broker?

A broker can be evaluated as a potential scam platform by considering multiple factors such as regulatory qualifications, user complaints, fund security, and platform data. In general, brokers without valid regulation, those that frequently have withdrawal problems, those with a large number of user complaints, or those providing false information usually carry higher risks. You can check the broker's regulatory status, overall rating, exposure records, and user reviews on the WikiFX platform, and make judgments based on multi-dimensional data to effectively identify and avoid scam platform risks.

04-02
United States

How is the WikiFX Score calculated?

WikiFX ratings are calculated based on a multi-dimensional data model, mainly including five dimensions: regulatory index, license index, business index, risk control index, and software index. The rating adopts a range system (0-10 points). The higher the score, the higher the broker's overall performance level. In addition, ratings are dynamically updated according to regulatory changes, complaint handling results, and historical data performance, making the rating more objective and timely. You can check the scores of each dimension and their trends on the WikiFX platform to evaluate the broker's actual situation more comprehensively.

04-02
United States

What is a clone broker website?

A cloned broker website refers to a fraudulent website that imitates the information of a legitimate broker. Such websites usually copy the real company's brand name, page design, and even regulatory information to mislead investors into making deposits. Common features include: a domain name highly similar to the official website (such as slight spelling differences), abnormal or unverifiable contact information, and promises of unusually high returns. Once funds enter such platforms, they are usually difficult to recover. Investors can identify potential risks by checking the official domain name, verifying regulatory information, and using WikiFX for cross-verification.

04-02
United States
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※ WikiFX compiles data from publicly available sources and user contributions. While we endeavor to maintain its accuracy, we do not warrant the information's completeness, accuracy, or timeliness, as it may become outdated. Investors are strongly advised to verify critical details with official sources before making any decisions.
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