✔️ Information reviewed and updated in April 2024 by Pedro Martínez González
In this section we will analyze the broker NICOFX (also called nicofx.com), is a Forex and CFD broker. Is NICOFX really recommended to make an investment? Or is it better not to invest with this company? ⛔ Is it a safe broker? Is a gotcha? We will help you determine it. ✅
➡️ In this section you can find: opinions about NICOFX ✅, claims eexperiences , ananalysis 📊 of the most important characteristics of this company (updated 2022), and most importantly: Is it NICOFX ⚠️ a safe broker? ⛔ Can we trust this company? ✅ Can we withdraw our money? All this and more in this review about this investment company.
We carry out this review and assessment, due to the fact that we receive different messages and comments asking about the reliability of the company in question.Are you a representative of this company? Leave a comment responding to customer concerns.
Essential information: Who does it belong to? Where is located? Is it a regulated broker?
✅ The broker mentions being part of: Mount Nico Corp. Ltd.
✅ Regarding its location, the broker mentions being based on: Cyprus.
✅ If we analyze the regulation of the broker, we see that they mention being regulated by CySEC, and also by FCA, but the latter is not true, it does not appear in the list of records of the agency.
📌 Remember: the best (and safest) option are regulated brokersas they must meet very strict requirements. Work with an unregulated broker it is very risky. 📌
If now we go on to analyze account types that NICOFX offers, we note that it offers 3 different types of account / plans: Standard Account, Premium Account and VIP Account. We will leave you an image with a little information about each type of account.
Standard Account: minimum initial deposit of $100, indicative spread from 2.6 pips, STP / ECN execution model, market execution type, minimum lot size 0.01, Margin Call level 100%, Stop Out level 50%, Expert advisor (EA), hedging, scalping, Islamic account.
Premium account: minimum initial deposit of $5.000, indicative spread from 1.8 pips, STP / ECN execution model, market execution type, minimum lot size 0.01, Margin Call level 100%, Stop Out level 50%, Expert advisor (EA), hedging, scalping, Islamic account.
VIP account: minimum initial deposit of $10.000, indicative spread from 0.9 pips, STP / ECN execution model, market execution type, minimum lot size 0.01, Margin Call level 100%, Stop Out level 50%, Expert advisor (EA), hedging, scalping, Islamic account.
In the following image you can have more information about the types of account. Click here to see the image in full size.
La platform to operate that NICOFX offers is: MT4 platform.
We will now analyze the different resources and aids for traders that NICOFX provides on its website. We believe that the resources and help provided on the website can be a great point in favor of the broker.
NICOFX provides the following aids or resources to traders or interested parties: information about the services it offers, explanation of some important concepts, news, live charts, really not much more than this.
🟢 Other information about NICOFX 🢢
⬇️ We will leave you some more information in case you want to contact the company, or see its website for yourself. ⬇️
🌏 Website: nicofx.com
📞 Telephone number+357 24 020 299
📧 Email: [email protected]
You might be wondering why we did a review on NICOFX. It is because we have received some messages from clients asking about the company, and we like to think that our reviews page helps investors, providing key information about the company, we disclose information that every investor should know before leaning or not, for Invest with an investment company.
>>> Assessment on NICOFX <<
Ending with this section, in our opinion Do we believe that the company NICOFX is trustworthy? Should you invest your money with the company? ⭐ 2022 analysis ⭐
After analyzing it, we recommend taking caution, since it is a broker that, despite being regulated, is located in one of the most insecure countries for these activities, in addition, when looking for reviews about NICOFX we find many that are negative and warn about this broker. Bottom line: it doesn't seem like a good idea, we suggest using caution.
We always recommend working only with properly regulated companies, isn't it better to have the protection of a good regulator? Is it worth the risk if there are much safer options to invest?
You have to understand that one of the few measures that really ensure the clients' money is the regulation of the broker, that is, it is probably the most important thing in any broker; THAT IT HAS A GOOD REGULATION, DO NOT BE FOOLED. Good regulation means that there is an authority to which, in case of misunderstandings or problems, customers can complain.
What is your opinion? Have you traded with this broker? Are you a customer? Do you think our opinion is not correct? We invite you to collaborate with us and vote, you can also leave a comment on our website with your experience if you are a client of the broker.
We leave a vote open so that traders, clients and users of the broker can vote.
[democracy id = ”1295 ″]
DAMNED THEY WILL ALREADY PAY THEM I'M SURE OF THAT, I'VE RUN OUT OF A SINGLE PEN, I GAVE THEM ALL MY SAVINGS, BY GOD I CAN'T BELIEVE IT
Hi Roberto, thanks for commenting on NICOFX. This broker is a SCAM. Do not send them money, they want to get as much money as possible with lies, the operations are not real, they do not put the money on the market, they only show it and in the end they tell you that you have lost and they keep it.
If you have more information about the company, we ask you to share it with us, especially if it is information that you think can help other people investing with this company.
Do you have names of advisers, numbers, emails from which they have contacted you? Do you remember how you found this broker in the first place?
To get your money back, try our chat or this link: CLAIM YOUR MONEY, WE HELP YOU
Greetings.