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Abstract:Registered in Australia, NEEX is a global forex broker offering various market instruments. In today’s article, we will show you what NEEX looks like.
Please continue to read if you want to know whether Neex is a reliable forex broker.
In this article
WikiFX provides inquiry services in the forex field.
WikiFX evaluates Neex's reliability based on the facts.
What is WikiFX?
WikiFX is an authoritative global inquiry platform that provides basic information and regulatory license inquiries. |
WikiFX can evaluate the safety and reliability of more than 59,000 global forex brokers. |
WikiFX gives you a huge advantage while seeking the best forex brokers. For more information, such as the review and exposure of brokers, please visit our website (https://www.WikiFX.com/en) |
To explore whether Neex is a scammer, we evaluated this broker based on various aspects, such as regulatory status.
To understand Neex better, we explore it by analyzing three main perspectives:
A. General Info of Neex
B. Regulatory Status
A. General Info of Neex
Neexs general info is shown below:
Neex is a globally recognized forex and CFD broker, providing traders with access to global financial markets. It offers a diverse range of tradable assets, including forex, commodities, precious metals, indices, and cryptocurrencies, with leverage of up to 1:500.
Neex offers three account types. They are Micro, Standard, and ECN accounts.
The Micro Account is perfect for beginners, with low automated trading via MT4/MT5. The PIP value is $0.10 for 1 lot of EUR/USD. The Standard Account is designed for more experienced traders, requiring a $100 minimum deposit, and spreads from 1.2 pips. The ECN account requires a $50 minimum deposit and offers spreads from 0.0 pips.
For beginners looking to trade, you can open a Micro account with a minimum deposit of $10.
You can fund your account using various methods, including debit or credit cards (Visa, MasterCard), or BankWire Transfer. Deposits can be made online through the trading portal, which is accessible via the Neex website.
This broker offers the popular MetaTrader 4 and 5 platforms.
According to its webiste, Neex CopyTrade allows investors to automatically copy the trades of expert traders. Whether you are a beginner or an experienced investor, this feature enables you to benefit from the skills and strategies of top traders without having to manage trades yourself.
What is a Legitimate License?
The legitimate license of Neex
According to WikiFX, Neex operates under a strong regulatory frame.
To figure out whether this broker is a scam or not, we did a survey on NEEX about this broker.
WikiFX gives brokers a score from 0 to 10. The higher the score is, the more reliable the broker is.
The Scoring Criteria of Brokers on WikiFX |
License index: reliability and value of licenses |
Regulatory index: license regulatory strength |
Business index: enterprise stability and operational capability |
Software index: trading platform, instruments, etc |
Risk Management index: the degree of asset security |
NEEX has been given by WikiFX a good rating of 9.12/10.
All over, NEEX is a sophisticated broker that offers excellent trading services to its global clients. It is regulated and welcomed by many traders. It may be a good choice for you to start your trading journey. However, we still want to remind you of the potential risk in the forex trading. If you want to know more information about the reliability of certain brokers, you can open our website (https://www.WikiFX.com/en). Or you can download the WikiFX APP to find the most trusted broker for yourself.
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
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