NLVX Review

NLVX Review – A Beginner’s Guide

NLVX Facts & Figures

NLVX Review: NLVX functions for all types of traders, be it novice retail traders willing to dip their toes in forex trading arenas, CFDs, or experienced & professional traders willing to explore an extensive array of services & products. While maintaining the competitive fee structure within the same industry, NLVX ensures to keep pace in the broad online brokerage spectrum.

Instruments: Forex CFDs

Commodities CFDs

 Equity Indices CFDs

Precious Metals CFDs Energies CFDs

Demo Account:Yes
Minimum Deposit: $100
Minimum Spread:0 pips
Pay Methods:Credit cards, Wire transfer, Neteller
Electronic payment methods, Local bank transfer, Skrill& more.
Minimum Trade:0.01 micro lots
MetaTrader 4:No
MetaTrader 5:Yes
ECN Account:Yes
Mobile App:No
Auto Trading:Yes
Social Trading:Yes
Trade Signals:Yes
Islamic Account:Yes

Best for: Beginners & experienced traders

CFD

FTSE Spread1.5 pts (var)
GBPUSD Spread2.1 (var)
Oil Spread0.05 (var)
Stocks Spread0.1% Var
Leverage1:500    

Forex

GBPUSD Spread2.1 pips (var)
EURUSD Spread1.6 pips (var)
EURGBP Spread2 pips (var)
Assets55+

NLVX Review

NLVX is a well-established, highly regarded, and publicly traded UK-based forex broker. The firm has been continuously adapting to the ever-evolving online brokerage landscape to offer traders throughout the world the best of trading experiences and tools. Highlights of the services offered by NLVX include auto trading, faster order executions, and zero hidden fees or commissions.

Introducing NLVX

Introducing NLVX - NLVX Review
Introducing NLVX

NLVX represents a group of regulated online brokers. The company has been registered and listed on St. Vincent Grenadines since 2010, registered in Ireland since 2018, and also registered in UK Company House

The company boasts over more than a million clientele, with trades going on in more than 190 countries. NLVX is all about fairness, quality, and ethics. It takes pleasure in the associated customers who earn big profits through NLVX itself. The company takes its pride in a personalized approach for every client, all-integrated solutions, and incredible customer service.

NLVX Trading Platform

NLVX Trading Platform - NLVX Review
NLVX Trading Platform

NLVX offers a trading platform that opens doors for a demo, as well as real-time account users. This way, it helps both the beginners and pro-level traders to grow at their own pace. It offers the award-winning MT5 as a predominant forex trading platform which not only supports limit and stop but also encourages market & trailing orders.

NLVX’s potential trading services coupled with downloadable and understandable MetaTrader 5 make it a more functional and favorable forex broker. MT5 is a multi-asset platform that allows access to stock indices, stocks, as well as precious metals. NLVX makes this platform available on Android, iOS, and web terminal as well to offer traders an easy-to-use web & mobile trading experience. Also, the trading platform offers countless trading tools, including trade volume stats, and an economic calendar, etc.

Assets/Markets

NLVX owns more than 1200 financial instruments and allows them to be traded on MetaTrader 5 platform. The platform includes stocks CFDs, forex trading, equity indices CFDs, commodities CFDs, energies CFDs, and precious metals CFDs. NLVX offers its traders an extensive selection of spread betting instruments and CFDs throughout various asset classes. 

The company makes forex trading available on more than 50 currency pairs, including the majors, which are EUR, GBP, USD, and JPY pairs. Being one of the verified UK-based forex brokers, NLVX offers a broad range of asset classes, as well as, flawless trading experience. 

Spreads & Commission

Spreads remain the same throughout all the accounts. NLVX makes it possible to open five types of accounts, which are Key ECN, Prime ECN, Exclusive ECN, Master ECN, and Dignitary ECN. The minimum spread across all five accounts is 0 pips.  

Commission account varies on the basis of account type. The minimum commission amount is $0. Scalping is not allowed in any of the account types. NLVX follows a strict ‘no hidden fee or commission’ policy. Also, instant withdrawals through NLVX are guaranteed.  

Leverage

Depending on the instrument-types, the leverage ranges and NLVX differs. It remains totally flexible, and NLVX lets its traders manage their own leverage risks. Margin requirements are kept constant across the week and don’t get widen at night or weekends. 

Payment Methods

Payment Methods NLVX - NLVX Review
Payment Methods NLVX

After registering with NLVX, the minimum deposit amount is $100 for the Key ECN account, and it increases gradually for other accounts. The minimum trade is 0.01 for Key ECN, and it varies according to account type. 

NLVX deposits can be made using credit cards, wire transfer, electronic payment methods, local bank transfer, and through Neteller, and Skrill, etc. Deposits can be processed in any suitable currency and will be automatically converted into your selected base currency while you open the account. 

Withdrawals can be through a bank or credit card. It may take a couple of days to process withdrawals, and no fee is implemented to withdraw your money.

Demo Account

NLVX offers an easy-to-access demo account. It allows users to set up a demo account by providing a few details. This demo account is totally risk-free and allows you to experience the taste of the financial market. The demo account offered by NLVX is unique in itself, and it introduces the same trading conditions as the real-time market.

Bonus Deals and Promotions

NLVX offers a 30% tradable bonus for NLVX traders. The only condition to avail of the bonus is that traders need to open a trade account with NLVX. This bonus helps on generating 30% more beneficial conditions to begin as a trader. NLVX even offers commission & fee-free withdrawals & deposits.

NLVX also offers Introducing Broker (IB) commission to all the clients who invite new traders to NLVX. This way, new traders get to avail latest trading opportunities, and existing traders get a chance to make extra profits. 

Regulation & Licensing

NLVX represents a group of regulated online brokers. The company has been registered and listed on St. Vincent Grenadines since 2010, registered in Ireland since 2018, and also registered in UK Company House. 

Additional Features

One biggest perk of being associated with NLVX is that it lets traders enjoy not just the best of trading opportunities but also the wealth of training & educational materials available. NLVX’s experts host informative webinars from time to time to educate and train newcomers, as well as seasonal traders.

NLVX Account Types

NLVX Account Types -
NLVX Account Types

There are five levels of trading accounts available with NLVX, which are Key ECN, Prime ECN, Exclusive ECN, Master ECN, and Dignitary ECN. All the accounts offer a minimum spread of 0 pips and no scalping.

Key ECN: Minimum deposit amount for the same is $100 with a minimum trade of 0.01. It offers a 60% margin call and 40% stop level with commission equals $6 & no promotional bonus.

Prime ECN: Minimum deposit amount for the same is $1000 with a minimum trade of 0.05. It offers a 60% margin call and 40% stop level with commission equals $5 & no promotional bonus.

Exclusive ECN: Minimum deposit amount for the same is $5000 with a minimum trade of 0.10. It offers a 50% margin call and 30% stop level with commission equals $4 & a significant amount of promotional bonus.

Master ECN: Minimum deposit amount for the same is $10,000 with a minimum trade of 0.50. It offers a 40% margin call and 20% stop level with commission equals to $3 & a significant amount of promotional bonus.

Dignitary Ecn: Minimum deposit amount for the same is $25,000 with a minimum trade of 1.00. It offers a 30% margin call and 10% stop level with no commission & a significant amount of promotional bonus.

Contact Details & Customer Support

An easy way to contact NLVX is through their instant contact feature found on the contact page, where traders need to fill in basic detail like name, email, and their message, and NLVX’s experts contact them as soon as possible.

You can also email: [email protected]

or call on +442037698861.

Safety & Security

There are no security and safety concerns with the site observed till now. All the associated traders or users need to confirm their email id while opening a demo account. If anyone intends to open a trading account with NLVX, then official ID proofs are required. According to the strict privacy norms followed by the company, NLVX keeps track of organizational procedures to ensure the safety of traders’ personal data.

Overall Verdict

NLVX offers comprehensive broker solutions to traders of all levels. The functional simplicity of the platform allows traders to trade seamlessly. It doesn’t matter if you’re just beginning with trading or learning the ropes, trading seasonally or frequently; NLVS turns out to be an efficient, reliable, and effective platform for all.

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