About FX Nice
Company Overview
FX Nice is a retail forex and CFD broker that claims to have been founded in 2007, though official records indicate a registration date of July 31, 2019, in the United Kingdom. The company's registered address is located in Mumbai, India, which creates a discrepancy between its claimed UK base and actual location. The broker operates through the domain fxnice.com and maintains a presence on Facebook.
Regulation and Safety
Our records show that FX Nice holds no regulatory licenses from any known financial authority. The broker itself acknowledges being unregulated in its company description. This absence of oversight means there is no independent recourse for traders in case of disputes or fund loss, placing full responsibility on the broker's internal policies. Traders should consider this a significant risk factor.
Account Types
FX Nice offers three live account tiers designed to accommodate different capital levels. The Mini account requires a minimum deposit of $100, making it accessible to smaller retail traders. The Standard account requires a $2,000 minimum, and the Premium account requires $5,000. All accounts provide maximum leverage of 1:500, though leverage availability may vary by instrument and jurisdiction.
Trading Platforms and Instruments
The broker provides the MetaTrader 5 (MT5) platform, a popular and feature-rich trading platform known for its advanced charting tools and automated trading capabilities. FX Nice offers trading in forex, cryptocurrencies, metals, and energies. The broker claims floating spreads as low as 1 pip, but actual spreads may vary based on market conditions and account type.
Target Audience
FX Nice appears to target retail traders looking for high leverage and a wide range of instruments, including cryptocurrencies. The low minimum deposit for the Mini account makes it accessible to beginners, while the higher-tier accounts cater to more experienced traders. However, the lack of regulation and contradictory founding details suggest the broker may be best suited for those willing to assume substantial risk.
Overview compiled by FXCanary from regulatory records and public data. full FX Nice review