Company Summary
| NAVIFXReview Summary | |
| Founded | 2014 |
| Registered Country/Region | China |
| Regulation | No regulation |
| Market Instruments | Forex, precious metals, CFDs, and Stock Indexes |
| Demo Account | ✅ |
| Leverage | / |
| EUR/USDSpread | 0.0001 pips |
| Trading Platform | MT4 |
| Min Deposit | $1,000 |
| Customer Support | Contact form |
| Email: info@navifx.com, cs@navifx.com | |
| Wechat, Line | |
NAVIFX was registered in 2014 in China, offering trading in forex, precious metals, CFDs, and stocks. NAVIFX uses MT4 as its trading platform, and it offers demo accounts. However, it is not regulated, and the official website does not reveal much information about account details.
Pros and Cons
| Pros | Cons |
| Various market instruments | Lack of regulation |
| Demo accounts | No Islamic account |
| MT4 provided | High minimum deposit |
| No info on payment methods | |
| Limited customer support channels |
Is NAVIFX Legit?
No, NAVIFX is not regulated by the financial services regulatory authority in China, which means that the company lacks regulation from its registration site. Moreover, the current status shows that activities such as client transferring and updating are prohibited.
What Can I Trade on NAVIFX?
NAVIFX mainly provides trading in forex, metals, CFDs, and stock indexes.
| Tradable Instruments | Supported |
| Forex | ✔ |
| CFDs | ✔ |
| Metals | ✔ |
| Stock Indexes | ✔ |
| Commodities | ❌ |
| Cryptos | ❌ |
| Bonds | ❌ |
| Options | ❌ |
| ETFs | ❌ |
Spread
For the conventional currency pairs, such as EUR/USD, the spread is from 0.0001 pips.
Trading Platform
NAVIFX uses MT4 as its trading platform, which is suitable for beginners.
| Trading Platform | Supported | Available Devices | Suitable for |
| MT4 | ✔ | Web, desktop, mobile | Beginners |
| MT5 | ❌ | / | Experienced traders |
