Nixse Review: The Best Trading Conditions or a Scam?

Nixse - logo

Nixse assures its clients that it provides the best trading conditions and constant innovations. Here, according to their claims, you can achieve a more rich trading strategy. We are intrigued by such promises. Therefore, we will now verify whether this project is definitely not a scam. We will share the results with you in our review.

Nixse General Information

Phone Number +18778977939
Address No. 8, Section 5, Xinyi Road District, Taipei City 11049, Taiwan
Minimum Deposit $250
Assets CFDs
Trading Platform WebTrader

Registration and Client Portal Review

The official website of Nixse appears quite minimalist and straightforward. The company has opted for a white-and-blue color scheme in its design. There is a standard menu, some information about the company, and a lot of self-promotion. Interestingly, the website is translated into several languages, including English, Azerbaijani, German, Portuguese, Thai, and Arabic, offering a diverse selection. However, there are still some questions regarding the content. In particular, there are many inconsistencies across different pages of the website. Moreover, the FAQ section is rather limited in scope.

Nixse - website

Registration with Nixse follows the standard procedure. However, you will need to fill out an extensive questionnaire first. You’ll be required to provide all your details, including contact information, address, and date of birth. However, even if you’re not a US citizen, who are not accepted as clients here, you won’t be able to proceed either.

For some inexplicable reason, the registration form will simply return an error. The exact cause of the problem is unclear. It’s either that registration is not possible without a promo code, or the broker only accepts clients by invitation. Whatever the case, registration is restricted by certain rules. This limitation is problematic because it restricts access to potential clients and undermines the user experience.


Nixse Trading Conditions

As you may recall, the broker promised its clients the best trading conditions. Now we will verify whether this is true or not.

Account Types Review

Our first concern arose immediately regarding the minimum deposit requirement. While the Silver account indicates a deposit of $10,000, the FAQ section states it’s only $250. This inconsistency raises doubts about the broker’s ability to maintain consistent trading conditions.

The next question arises regarding leverage. For instance, the Silver account description mentions a “credit” of 15%. It’s unclear if this refers to leverage, but why isn’t leverage detailed for other accounts?

Moreover, there are numerous questions about the accounts themselves. Firstly, we question why Nixse sets such high minimum deposits, ranging from $10,000 for the Silver account to a staggering $1 million for the Black account. Additionally, account descriptions focus solely on additional conditions, with no mention of spreads, commissions, or other trading parameters.

Overall, these discrepancies and omissions raise red flags about the broker’s professionalism, credibility, and commitment to fair and transparent business practices. Traders should exercise caution and thoroughly research any broker before entrusting them with their funds.

Trading Platform

First of all, it’s concerning that Nixse does not offer a demo account option. Demo accounts are essential tools for traders, especially beginners, to practice trading strategies, familiarize themselves with the platform, and gain confidence without risking real money. So, their absence raises concerns.

Also, Nixse offers its trading platform for download on mobile and desktop devices, as well as access through a web version. However, the problem arises when attempting to download the platform, as the provided links are inactive, and the applications are not available in online marketplaces. Consequently, gaining insight into the platform they actually offer is only possible after logging into the personal account.

Thus, we do not recommend downloading it to your device because it is unclear whether the software is legitimate, who developed it, and whether it contains any hidden risks.

Nixse — Deposit and Withdrawal of Funds

It’s entirely unclear what Nixse offers in terms of deposits. In the FAQ section, it’s only mentioned that the broker accepts bank transfers. Any other methods, if used, can only be viewed in the client portal, access to which is restricted. Additionally, nothing is known about withdrawals except that processing times may take up to 5 days.

However, there are some intriguing clauses in the documents. For example, the company reserves the right to transfer the client’s funds to any third party if they provide collateral, interest, security, or rights to offset against the funds. Would you want your money transferred to someone else under such conditions? Moreover, the company has the right to close a client’s account if its balance falls below the company’s minimum required deposit. Overall, as you can see, the terms are not particularly favorable.


Nixse requires you to undergo a verification process. Begin by registering an account on the Nixse platform. Once your account is registered, you’ll be prompted to submit certain documents for verification. These documents include a government-issued ID (such as a passport or driver’s license), proof of address (such as a utility bill or bank statement), and possibly additional documents depending on the regulations in your jurisdiction.

After you’ve uploaded the necessary documents, Nixse’s verification team will review them to ensure they meet the platform’s requirements. This process may take some time, depending on the volume of verifications being processed.

Once your documents have been reviewed and approved, you’ll receive confirmation that your account has been successfully verified. You’ll then gain full access to all features and functionalities offered by Nixse.

Additional Options

Nixse offers a variety of additional services, including Technical Signals on a Daily Basis, Analyst Price Targets, and Advanced Education Tools. Well, you know what’s interesting about them? Primarily, they are only offered to affluent clients. This means that in order to access these additional services, you must deposit a significant amount of money. But are these services worth the cost? No team of analysts is presented on the website. There are no courses or even webinar recordings available to the public. Moreover, the fact that Nixse offers trading signals to its traders in the presence of a conflict of interest only indicates that traders’ deposits here may be at risk.

Is Nixse a Scam?

We still need to find out about Nixse’s legality. We think this investigation will be interesting.

Nixse claims to be registered in Taiwan. Quite a twist, isn’t it? It’s the first broker you encounter in this jurisdiction, right? Interestingly, the company talks about registration, but it doesn’t even mention having a license. However, let’s go step by step. After some difficulty, we managed to find the Taiwanese registry and found no mention of Nixse in it. Therefore, we conclude that the broker is not actually registered there. And, even more importantly, it hasn’t obtained a license for its services. Consequently, it operates entirely illegally.

Legal data check Domain Info

Doubts also arise regarding the broker’s duration of operation. We checked the web archive, but for some reason, it hasn’t made any snapshots for the three years of the domain’s existence. So, it’s entirely unclear how long the broker has been operating. Even considering its creation date in 2020, it’s still not a very long period.

Domain info

Contacts Review

For contacting the broker, they offer a phone number and email. While there is an address provided, as we’ve mentioned before, there is no record of such a company in Taiwan. Therefore, it’s unlikely that this address is genuine.

More details

Nixse offers only trading with CFD contracts. Moreover, transactions here are not routed to the interbank market but are processed solely within the platform. Consequently, this may pose certain challenges for traders.

When trades are executed solely within the platform without being routed to external markets, it creates a conflict of interest between the broker and the trader. In such cases, the broker may have an incentive to act against the trader’s interests, as they directly profit from the trader’s losses. This arrangement can lead to issues such as:

  • Execution quality. Since trades are not executed in the broader market, Nixse has full control over the execution process, potentially leading to delays, slippage, or unfavorable prices for traders.
  • Price manipulation. In a closed trading environment, there is a risk of price manipulation by the broker to the detriment of traders, as they have the ability to control prices within their platform.

Pros and Cons

  • Wide range of trading instruments available.
  • Lack of regulatory oversight.
  • High minimum deposit requirements.
  • Limited customer support options.
  • Absence of a demo account.
  • Questionable legality.

Nixse Summary

Nixse - favi

Nixse appears highly questionable. Not only do its trading conditions fail to impress, but there are also numerous concerns regarding its legality. At the very least, the absence of a license suggests that traders' funds may not be adequately protected. While it is possible to open an account here, it is imperative to first ensure that you fully understand all associated risks.

Website information content 3
Client Portal 2
Trading conditions 3
Trading platform 3
Deposit and withdrawal 4
Verification 4
Extra options 3
Licenses and guarantees 2
Work duration 2
Feedback 3

Frequently Asked Questions (FAQ)

What Does Nixse Offer?

Nixse offers a range of trading services and features, including various account types, trading instruments, and educational resources. For detailed information, it’s advisable to refer to the trading conditions provided by the broker.

How Much Money Should I Invest With Nixse?

According to the trading conditions, the minimum deposit required varies, either $250 or $10,000. Specifics can be found only after contact with the support team.

Is Nixse Safe?

No, Nixse cannot be considered entirely safe as it lacks regulation and remains relatively anonymous.

Subhash Mishra
Forex & CFD Trader

Subhash is a Bengali who has been trading for 16 years. You will find the most objective reviews of Forex and CFD brokers in his articles.

Subhash is a Bengali who has been trading for 16 years. You will find the most objective reviews of Forex and CFD brokers in his articles.

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Client Reviews

  1. Glen Turner


    It’s crucial to read the user agreement when registering with any broker. Initially, I too believed the advertisements and considered registering here. However, I prudently read the entire user agreement from start to finish. It explicitly states that Nixse holds no responsibility towards its clients. They have the audacity to write this outright. When agreements contain such clauses, it simply gives free rein to scammers. They can easily abscond with your funds and then justify it by claiming you lost them yourself. It’s an obvious scam, so don’t even think about registering here.

  2. Filantrop

    I won't consider collaborating with such a company.

    After learning about the Nixse firm from advertisements, I decided to explore what experts say about this company and what feedback current and former clients leave. Unfortunately, the results were quite bleak. Nearly every expert review I came across stated that the broker engages in fraudulent activities using various schemes. They have methods of deception targeting both novice and experienced traders. However, what stood out the most were the reviews from real clients, where I couldn’t find a single positive comment about the broker’s quality of service. Instead, there were continuous accusations of manipulation and fraud.