NAVIFX

WikiFX | 2024-11-29 17:32

Abstract：Established in 2014, Navifx runs free from control from its Chinese headquarters. It offers equities, CFDs, indices, precious metals, and currency. The platform supports MT4 on desktop, mobile, and web as well as offers demos for MT4. Email and 24/7 online chat provide customer care; phone help and a physical address are not offered.

NAVIFX Review Summary
Founded	2014
Registered Country/Region	China
Regulation	Unregulated
Market Instruments	Forex, Precious metals, CFDs, Indices and Shares
Demo Account	Available
Trading Platform	MT4 Desktop, MT4 Mobile, MT4 Web
Customer Support	Phone: Not provided
	Email: cs@navifx.com, info@navifx.com
	24/7 Online Chat:yes
	Physical Address: Not provided

NAVIFX Information

Established in 2014, Navifx runs free from control from its Chinese headquarters. It offers equities, CFDs, indices, precious metals, and currency. The platform supports MT4 on desktop, mobile, and web as well as offers demos for MT4. Email and 24/7 online chat provide customer care; phone help and a physical address are not offered.

Pros and Cons

Pros	Cons
Offers main trading instruments(Forex, Shares.etc)	Unregulated
Provides Demo account	Doesn't provide leverage
Provide famous trading platform MT4	Limited customer support ways

Is NAVIFX Legit?

NAVIFX is unregulated.

What Can I Trade on NAVIFX?

NAVIFX provides a diverse selection of tradable products, including:70+ currency pairs, noble metals like Gold , CFD commodities(Brent crude oil, U.S. crudeoil, crude oil) and stock indices.

Tradable Instruments	Supported
Forex	✔
Noble metals	✔
Stock Index	✔
CFDs commodities	✔
ETF	❌
Bonds	❌

Account Types

NAVIFX doesn't mention the information about accounts.But a demo account is available.

NAVIFX Fees

NAVIFX provides ways to calculate the pip value of each product.

Pip Value = Contract Size * Tick Size * Quote Currency Rate

Instrument	Spread	Point Value
USD/CHF	1 pip	$10.50
GBP/JPY	1 pip	$8.38
GBP/NZD	1 pip	$6.79
AUD/CHF	1 pip	$10.50
EUR/AUD	1 pip	$7.25
USD/CAD	1 pip	$7.74
USD/TRY	1 pip	$3.46
EUR/SEK	1 pip	$1.21
USD/CNH	1 pip	$1.57
D30EUR	1 pip	$11.37

Trading Platform

NAVIFX offers the well-known MetaTrader 4 platform, available for Desktop(including Apple Mac), Mobile(Android and Iphone terminal), and WebTrader.

Trading Platform	Supported	Available Devices	Suitable for
MetaTrader 4	✔	Desktop, Mobile, Web	All traders, especially technical traders
MetaTrader 5	❌
Unique trading app	❌