NLVXE Review – Forex Broker Profile

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NLVXE

4.0/ 5
Max leverage1:100
Min. deposit$100
Spreads from0.0 pips
Regulator—

NLVXE key facts

Regulated by
NLVXE has no regulatory
Headquarters
Dept 3547a, 196 High Road, Wood Green, London, United Kingdom, N22 8HH
Founded
2010
Minimum deposit
$100
Leverage
Up to 1:100
Country
United Kingdom
Base currencies
USDEUR

NLVXE trading conditions

  • Minimum spreads0.0 pips
  • Trading platformMetaTrader5 for Windows, MAC, iOS, Android and MetaTrader5 Web Terminal
  • Web tradingYes
  • Hedging & scalpingNo
  • News tradingYes
  • Mobile tradingYes

What is NLVXE?

NLVXE trading conditions: leverage up to 1:100, spreads from 0.0 pips, $100 minimum deposit MAX LEVERAGE1:100 SPREADS FROM0.0 pips MIN. DEPOSIT$100
NLVXE headline trading conditions at a glance.

NLVXE is a forex and CFD broker based in United Kingdom, listed with a foundation year of 2010. It offers leverage up to 1:100, spreads from 0.0 pips and a minimum deposit of $100. Clients trade on MetaTrader5 for Windows, MAC, iOS, Android and MetaTrader5 Web Terminal and on mobile.

NLVXE is an online trading broker based on the MetaTrader5 platform. This broker provides a webtrading service. Despite being a webtrader, this also has dedicated trading software for android, IOS, MAC, and Windows. This helps a client to trade just as the way they want. They can trade with NLVXE from anywhere they want. 

NLVXE has five types of accounts. Key ECN, Prime ECN, Exclusive ECN, Master ECN, and Dignitary ECN. All of these accounts have variations on minimum deposit requirements and other features. All these five accounts have spread starting from 0.0 pips. No account by this broker supports scalping.  The Key ECN account requires a minimum deposit of $100. The Margin call in this account is 60% and the stop-out level in this account is at 40%. This account doesn’t get a promotion bonus and the commission in this account is $6. 

The Prime ECN account starts with a $1000 minimum deposit. This has the Margin call and stop-out level just like the Key ECN account. There is also no [promotion in this account. The commission in this account is $5. The Exclusive ECN account starts with a minimum deposit of $5000. The Margin call in this account is 50% and the stop-out level is 30%. This account comes with promotional bonus and the commission in this account is only $4. 

The Master ECN requires a minimum deposit of $10,000. This accounts margin call is 40% and the stop-out level is 20%. The commission in this account is $3 only and this account gets promotional bonus just like the Exclusive ECN account. The Dignitary ECN starts with a minimum deposit of $25,000. This is a zero commission account that comes with a promotional bonus. The stop-out level in this account is 10%  and the margin call is at 30%.

Is NLVXE safe and regulated?

NLVXE is regulated by NLVXE has no regulatory. This is an offshore regulator. It sets capital and reporting rules, but its investor protection is lighter than tier-1 regulators such as the FCA (UK), CySEC (Cyprus) or ASIC (Australia), and there is usually no investor compensation scheme.

Safety checklist before you deposit

  • Find the licence number on the broker's website and check it on the regulator's official register.
  • Check that client funds are held in segregated bank accounts.
  • Make a small first deposit and test a withdrawal before you add more.
  • Confirm negative balance protection applies to your account type.

NLVXE account types

The broker offers several account options so beginners and experienced traders can choose the right fit. Accounts open from a $100 minimum deposit.

NLVXE account options
AccountBest forAvailable
Mini accountBeginners trading small lot sizesNo
VIP accountHigh-volume traders wanting raw spreadsYes
Islamic (swap-free)Traders who need no overnight interestNo
Managed accountInvestors who prefer a money managerYes

Trading platform and conditions

NLVXE provides MetaTrader5 for Windows, MAC, iOS, Android and MetaTrader5 Web Terminal, so you can trade from any browser without installing software. Mobile trading is supported as well.

  • Scalping and hedging are restricted, so check the rules before using short-term strategies.
  • News trading is allowed during high-impact economic releases.
  • Spreads from 0.0 pips are available on raw pricing, with a commission per lot.
  • Leverage up to 1:100 gives large position sizes from a small deposit, which also raises the risk of fast losses.

Deposits and withdrawals

NLVXE supports 6 funding methods, including Visa, MasterCard, Neteller, Skrill, WireTransfer, Bank Transfer. Accounts can be held in 2 base currencies (USD, EUR), which helps you avoid conversion fees.

NLVXE bonus: <p>This broker is not providing any welcome bonus</p>

How the promotion works

The current NLVXE promotion is <p>This broker is not providing any welcome bonus</p>. Entry rules, dates and eligible countries are set by the broker. Read the full terms on the NLVXE website before you trade for it.

Check the promotion

Looking for free trading credit instead? Compare the latest forex no deposit bonus offers and forex deposit bonuses.

NLVXE pros and cons

Pros

  • Raw spreads from 0.0 pips
  • News trading allowed
  • VIP and managed accounts
  • 6 deposit methods

Cons

  • Only offshore regulation
  • No investor compensation scheme
  • $100 minimum deposit is higher than some rivals
  • No Islamic account listed
  • Hedging or scalping restricted

How to open a NLVXE account

  1. RegisterVisit the NLVXE website and sign up with your name, email and phone number.
  2. Verify your identityUpload a passport or national ID and a recent proof of address (KYC).
  3. Choose an accountPick VIP, managed or a standard account, and your base currency.
  4. Fund the accountDeposit at least $100 with Visa, MasterCard, Neteller or another method.
  5. Start tradingLog in to MetaTrader5 for Windows, MAC, iOS, Android and MetaTrader5 Web Terminal or the mobile app and set your risk per trade.

Is NLVXE a good broker? Our verdict

NLVXE suits traders who want a straightforward account, plus a wide choice of payment methods. The main trade-off is regulation: an offshore licence gives less protection than a tier-1 regulator. Start small, test a withdrawal, and only trade money you can afford to lose.

NLVXE FAQ

Is NLVXE a regulated broker?

Yes. NLVXE is regulated by NLVXE has no regulatory. This is an offshore licence with lighter investor protection than UK, EU or Australian regulators.

What is the minimum deposit at NLVXE?

The minimum deposit is $100. You can fund your account with Visa, MasterCard, Neteller, Skrill and more.

What is the maximum leverage at NLVXE?

NLVXE offers leverage up to 1:100. High leverage increases both potential profit and potential loss, so use a stop-loss and small position sizes.

Does NLVXE offer an Islamic account?

No. Our profile does not list an Islamic swap-free account for NLVXE.

Does NLVXE have a bonus?

The current promotion is <p>This broker is not providing any welcome bonus</p>. Read the full terms on the broker's website before you trade for it. Check our forex no deposit bonus page for more free offers.

Where is NLVXE located?

The head office is at Dept 3547a, 196 High Road, Wood Green, London, United Kingdom, N22 8HH.

Can I scalp and hedge with NLVXE?

Scalping and hedging are restricted, and news trading is allowed too.

Which trading platform does NLVXE use?

NLVXE offers MetaTrader5 for Windows, MAC, iOS, Android and MetaTrader5 Web Terminal, with mobile trading support.

Write a NLVXE Review

Risk warning: CFDs and leveraged forex are complex instruments with a high risk of losing money quickly. Make sure you understand how they work and whether you can afford the risk. ForexAllNews may earn a commission from links on this page; this does not change our review.