Report a scam Find my broker
Brokers  /  NICOFX

NICOFX

Low riskForex / CFD broker
🇬🇧 United Kingdom · 5-10 years · since 2017-12-05 · Mount Nico Corp Ltd
CYSEC
Visit site ↗
—/5
★★★★★ ★★★★★
1 reviews ›
1
Licenses ›
0
Withdrawal issues ›
—
Min. deposit ›
—
Max leverage ›
0
Account types ›
16/100
Scam risk ›
1
Clone sites ›
▲ 0% positive▼ 0% negative
Independent ratingshow third parties score this broker
WikiFX1.64/10
Trustpilot—/5
Forex Peace Army—/5
🛡️ Been scammed or can’t withdraw from NICOFX? Our free assistant writes up your case and shows exactly what to do next →
🇺🇸
No sign that NICOFX actively operates in your country (United States). If you were solicited from here, be extra cautious — it may be an unregulated approach or a clone.
16
Low risk
Scam Risk Scoremonitored · 2026-07-28
Lower riskHigher risk
  • Authorised by Tier-1 regulator(s): CYSEC
  • No verifiable website or social-media presence
How this score is calculated — view the open algorithm

A transparent weighted score from objective public data — each factor scored 0–100 (higher = riskier), combined by the weights below.

FactorScoreWeight
Regulation & licensing835%
Company age2215%
Clone / impersonation012%
Withdrawal & exposure complaints012%
Offshore registration108%
Transparency (site/info/social)7510%

Based on public regulatory records, industry databases and independent reviews (Trustpilot, Forex Peace Army). Exit Risk reflects recent negative momentum in real reviews. A risk estimate from public data, not a definitive legal judgment; brokers may request a correction.

Company
Legal nameMount Nico Corp Ltd
Headquarters🇬🇧 United Kingdom
Founded2017-12-05
Years operating5-10 years
Employees0
Official websitenicofx.com
Trading conditions
Avg execution speed0 ms
Avg slippage0
Swap rating—
Trading cost rating—
Monitored traders0
Monitored orders0
Funding & instruments
Deposit methods—
Withdrawal methods—
Instruments—

Regulation & licenses · 1

RegulatorLicense typeLicense No.RegionStatus
CYSECForex Execution License (STP)226/14CyprusRegulated

Review analysis AI

Across 1 recent Trustpilot reviews, 0% are 1–2 star. We also found 1 clone site(s) impersonating this brand — a frequent vehicle for scams.

0
Period:
What users praise
Where reviewers are from
Taiwan1

Real user reviews

Where NICOFX operates

Based on its licenses and complaint records.

🇨🇾 Cyprus Licensed

🇪🇺 Passported across 17 EU/EEA countries under its EU license.

Market presence: WikiFX SkyEye · complaints: our records · licensing: official registers. Where you’re accepted is set by the broker’s own terms — always confirm before depositing.

Similar brokers

eToro
United Kingdom · TP 4.1
Low risk ⇄ Compare with NICOFX
Lloyds Bank
United Kingdom · TP 4.1
Low risk ⇄ Compare with NICOFX
XTB
United Kingdom · TP 3.6
Low risk ⇄ Compare with NICOFX
TRADE NATION
United Kingdom · TP 4.4
Low risk ⇄ Compare with NICOFX

About NICOFX

NICOFX is a forex and CFD broker based in United Kingdom, with records dating to 2017-12-05. It reports oversight from CYSEC.

FXCanary’s verdict is “Low risk.” On balance the regulatory footprint and real-user feedback are reassuring, though no broker is risk-free.

Finally, beware of impersonation: we tracked 1 clone website(s) copying NICOFX. Always reach the broker through its verified official domain, never via links in ads or messages.

Overview compiled by FXCanary from regulatory records and public data. full NICOFX review