NICOFX Review 2025

They do not withdraw money ... To be honest, I did not believe that this happens! This is how many times the reason is called technical reasons. But they don't say the code.

Today $400 has disappeared from my account. I did not make trading operations and did not make a withdrawal request. Looks like they just got stolen!

I traded with NICOFX a few years ago. Then I was just taking my first steps in Forex, so I purposefully looked for a broker with reliable regulation. NICOFX is doing great with this - it even has an FCA license. The company also offered good trading conditions. Withdrawals have always been quick and without any delay. The terminal worked without failures, the advisers did not crash. I installed robots from different stores and there were no complaints about their work. I had enough currency pairs, leverage too. I started looking for another broker when I realized that the spreads on standard accounts were too high. NICOFX does not offer ECN accounts, so the issue resolved itself.

A minimum of information, especially when it comes to trading. And the Mini account is generally under cover of secrecy. In the support, they assured me that you can open a Mini account for me, but they actively insisted on saying how much money I could invest. I interrogated them what specific amount should be on the account, well, the minimum wage or something, they did not answer. All hints that nicofx bred are there.

Despite the fact that NicoFx com has a regulatory license, I do not recommend trading here. The license does not save the company from the lawlessness. They do what they want. They can widen the spreads to take out the stop, this has happened more than once. They can simply cancel transactions due to some violations. Or they can simply block the account because of their suspicion.

I applied to NicoFx to withdraw my entire deposit. Because it is simply impossible to trade here. The application was accepted, but more than two weeks have passed, and the money has not arrived. I write to support - silence. The money was debited from the account. I don’t know what to think. Really throw?