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NICOFX

NICOFX
SKU:
Brand: Forex Broker
Category: Forex Broker

  • Platform

  • Min deposit

  • Min lot

  • Spreads

  • Broker Type

  • Regulated

Our Rating

The overall rating is based on review by our experts

5
  • Broker Customer Service 5 / 10
  • Broker Features 5 / 10
  • Forex Pricing 5 / 10
  • Trading Platform Connectivity 5 / 10
  • Trading Platform Usability 5 / 10

NICOFX is a Forex Broker . It started opening it’s doors to clients in 2013 , establishing it’s offices in Cyprus , . NICOFX (Forex Broker) offers various trading accounts: Mini Account, Standard Account and the minimum deposit for Trading in Forex (FX) is $100.

broker1} offers accounts in: USD Account, EUR Account with variable spreads. The lowest spread offered in EuroDollar is 1 pips.
It’s platform (MT4 Desktop/Mobile/iOS/Android ) can be traded on Desktop|Mobile|iOS|Android| , it offeres a Market execution, up to 100 lots per ticket feed. The platform is set on GMT+2 and it offers a 5 digits decimal spacing on it’s forex pairs. It’s Forex (FX) accounts offer a leverage of 200 : 1 Mini account

On it’s platforms: MT4, you can set Trailing Stoploss, No OCO orders, One click trading, furthermore it offers Mobile trading, No Webtrading and 55 fx pairs. Among the foreign exchange products you can also trade, Gold, Silver, Indices, Commodities, Energies.

broker1} (Forex Broker) is regulated by CySEC, and is a Independent broker..

For all those wondering on the payment and withdrawal method, here is a list of funding methods:

Payments:Bank Wire, Credit Card, Debit Card, China UnionPay

Withdrawals from your FX account:Bank Wire, Credit Card, Debit Card, China UnionPay

NICOFX - Specs

Broker

Broker Type STP
Broker Country Cyprus
Regulation CySEC
Indipendant Broker Independent broker.
Year in Industry 2013

Account

Accept US Clients No US clients
Mini account deposit $100
Standard account deposit $2000
Trading account currency USD Account, EUR Account
Leverage Account 200 : 1 Mini account
Minimal size lot 0.01 lot Mini account
Leverage Mini account Mini Account, Standard Account

Payments

Funding method Bank Wire, Credit Card, Debit Card, China UnionPay
Withdrawal method Bank Wire, Credit Card, Debit Card, China UnionPay

Costs

Commissions no
Costs & Spreads variable
Costs/Lowest spreads on EURUSD 1 pips

Trading

Premium trading Market execution, up to 100 lots per ticket
Scalping yes
Hedging
EAs allowed yes

Platform

Trading platform type MT4 Desktop/Mobile/iOS/Android
Platform time zone GMT+2
Decimal pricing 5 digits
Trailing stops Trailing Stoploss
OCO orders No OCO orders
One click One click trading
Mobile trading
Webtrading

Products

Currency pairs 55 fx pairs
Gold Silver Gold, Silver
CFD Trading CFD trading
Other instruments Indices, Commodities, Energies

Other

MAM PAMM LAMM MAM/PAMM/LAMM
Managed Accounts No
Swap free accounts Yes
Segregated client accounts

Promotions and Offers

Bonuses (T&Cs apply) Yes
Contests Yes

NICOFX - Reviews

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  • Rate this Product

  • Funds deposit/withdrawal process, Support, Integrity.
    5
  • Currencies variety, API, News service, etc.
    5
  • Spreads, Spreads during news, Fees, Execution.
    5
  • Bluetooth, Wi-fi connectivity, data trnasfer speed, internet browsing and interfaces.
    5
  • What do you feel about usability and speed of UI (user interface), messaging, calling, contacts management, call history, notifications and internet browsing?
    5
  • 6 / 10 based on your selection