A transparent weighted score from objective public data — each factor scored 0–100 (higher = riskier), combined by the weights below.
| Factor | Score | Weight |
|---|---|---|
| Regulation & licensing | 85 | 35% |
| Company age | 45 | 15% |
| Clone / impersonation | 0 | 12% |
| Withdrawal & exposure complaints | 0 | 12% |
| Offshore registration | 10 | 8% |
| Transparency (site/info/social) | 53 | 10% |
| Real-user sentiment | 20 | 8% |
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.
| Account | Max leverage | Min. deposit | Min. spread | Commission | EA |
|---|---|---|---|---|---|
| VIP | -- | $10000 | -- | -- | ✓ |
| Delux | -- | $5000 | -- | -- | ✓ |
| Premium | -- | $1000 | -- | -- | ✓ |
| Starter | -- | $500 | -- | -- | ✓ |
Across 2 recent Trustpilot reviews, 50% are 1–2 star.
0NIFTRADEX is a forex and CFD broker based in United States, with records dating to 2024-03-11. Critically, we could not verify any active forex-trading license for this broker.
FXCanary’s verdict is “Guarded.” There are enough red flags that we’d urge caution before depositing.
On Trustpilot, NIFTRADEX holds a real-user score of 3.6/5 across 2 reviews.
Overview compiled by FXCanary from regulatory records and public data. full NIFTRADEX review