Review Nixse
https://nixse.com/ Headquarters in St. Vincent & the Grenadines Open Live Account BEGIN item ContentsPros and ConsRegulationAccount TypesTrading PlatformsAssetsEducationCustomer ServiceConclusion
Nixse is a new online broker offering a wide variety of assets as CFDs. The firm launched in 2020 and is located in St. Vincent and the Grenadines. One of the stated aims of the broker is to provide innovation in the online trading space, as well as the best trading conditions for clients. It is the brand name operated by Nixse LLC.
The broker website says that they have a vision to provide access to the financial markets of the world. Moreover, they seek to make trading simpler and more efficient for their clients, while also providing some of the lowest trading costs in the industry.
Nixse promises low fees and commissions through their system of antagonistic pricing. This is meant to keep trading fees as low as possible for all clients and all account tiers. This allows traders to keep more of their profits. Finally, the broker is committed to customer service and maintains two customer support teams, one of which is solely dedicated to handling questions and issues for their registered clients. This removes any distractions that could be created by non-clients requesting information or assistance.
Nixse Pros and Cons
Pros
Excellent customer serviceWide range of trading accountsMetaTrader 5 is the desktop, mobile, and web platformCryptocurrencies available
Cons
Lack of fee and spread informationLimited education and research reportsU.S. citizens and residents not accepted as clients
Broker Regulation
The Nixse.com website and brand is owned and operated by Nixse LLC and is registered under operating business number 25973BC2020 in St. Vincent and the Grenadines. It is not regulated by any third-party entity but does provide the necessary security to protect clients’ accounts and funds from potential hackers and scams. Each account is also secured using 2-factor authentication.
As a registered company under the authority of St. Vincent & the Grenadines, Nixse is compelled to obey all legislations laid down by that jurisdiction towards the protection and security of its clients.
Account types
One of the most notable aspects of Nixse is the broad range of accounts available to clients. There are no less than seven separate tiers of access, which provides the ideal trading environment for all levels of traders – from beginners to professionals.
Note that all accounts have access to dedicated customer support and the use of the MetaTrader 5 trading platform. Furthermore, all accounts can use leverage as high as 1:400 and take advantage of antagonistic pricing.
Below is a more detailed explanation of what is offered at each account tier:
NEWCOMER
Min. Deposit USD 250Basic market access
STANDARD
Min. Deposit USD 15,000
BLAZE
Min. Deposit USD 50,000Additional market access
TURBO
Min. Deposit USD 100,000Advanced marketsComprehensive analysis
VIP EXCLUSIVE
Min. Deposit USD 500,000Markets of choiceNo limitations on lots traded, no extra charges0 Fees on DepositAdvanced EducationIslamic AccountsDaily technical signalsDaily comprehensive analysisAdvanced execution orders
VIP GOLD
Min. Deposit USD 1,000,000Same benefits as VIP Exclusive accounts
VIP Platinum
Min. Deposit USD 10,000,000Access to Events & Seminars
Note that we did not find information on the website regarding access to a demo account at this broker.
Trading Platforms
Nixse uses their proprietary NX Trader platform, which is available as a web-based application or on mobile devices (Android and iOS). For those who prefer running an application directly on their PC there is also a Windows-based version of the platform available to download after you have registered for an account.
The NX Trader brings all the following benefits to traders:
More than 1,500 instrumentsLeverage up to 1:400Secure, easy to use and convenientSuperior analysis tools21 different timeframesUp to 100 charts simultaneously
Available Assets
One of Nixse’s strengths is the broad range of assets it makes available to its clients. There are no less than 1,500 assets that span all the asset classes. There is literally something for any trader, and most clients should be able to find exactly the asset they wish to trade, whether it is stocks or currencies. The broad asset classes available for trading at Nixse are as follows:
Currency PairsStock IndicesEnergiesCryptocurrenciesMetalsGlobal Shares
Education and Research
Despite the different account tiers at Nixse making mention of advanced education, daily technical signals, and daily comprehensive analysis we found no signs of any of this on the Nixse website. It is possible that all the education materials and research is provided behind a password protected portal accessible only to clients with funded accounts, but we have no way to prove this without funding an account ourselves. Nor do we have any way to verify the quality of educational materials and research if it does exist.
Customer Service
Nixse is unique among brokers as they provide two different support teams. One is for new prospective clients that have not registered an account, and the other is for registered clients. This can help to remove distractions for the team that is dedicated to registered clients. We would also presume the dedicated support team has more experience with financial markets and trading.
Support is available in three ways: online chat, telephone, or email.
Phone: +18778977939
Email (pre-sign up): active.support@nixse.com
Email (post-sign up): documents@nixse.com
In Conclusion
As a new CFD broker Nixse seems to be positioning itself for success in the future. The massive array of assets available is something fairly unique among CFD brokers recently. It would be good if there was more transparency regarding account tier benefits. It would also be good to have access to the educational and research tools, or at least visibility to verify the existence and quality of such.
The low minimum deposit to get started is certainly welcome, and many traders will also appreciate the high leverage offered.
We can suggest the broker as a potential choice and imagine traders of all levels will find something of use to themselves at Nixse.
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