NYX BROKER Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-12-04 11:43

Abstract：NYX is a broker engaged 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.

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.