FXNX

FXNX broker is one of the newest brokers serving Persian speakers. It was founded in 2025 and targets Iranian users with a Persian-language website, Persian support, and crypto and local deposits and withdrawals. In this overview, we review FXNX's licenses, five trading accounts, platforms and risks based on Teagle data.

What kind of broker is FXNX?

FXNX has registered its entity in Saint Lucia and offers the MT5 and NX Terminal platforms for trading forex, crypto, metals, energy and indices. The broker's track record in Teagle Eye is only 1 year, meaning it does not yet have a measurable history on withdrawals, behavior during crises or complaint handling. Support for AI tools and the customizable NX Flex account are among the features Teagle lists as its strengths.

FXNX licenses and credibility

According to Teagle's latest review, two active entries are recorded for FXNX:

• Company registration in Saint Lucia under number 2025-00128 (active);
• MISA of Mohéli Island under number BFX2025082 (active).

Both are offshore and weak: company registration in Saint Lucia does not count as financial oversight, and MISA is a low level of supervision. A Teagle analyst said the lack of tier-1 regulation increases this broker's credit risk. To learn what protection these types of licenses offer in practice, read the article What Are Offshore and Onshore Brokers and the guide Broker Regulation Tiers .

Does FXNX serve Iranians?

Yes. According to Teagle data, Iran is not on FXNX's list of restricted countries, and the broker offers a localized Persian website, Persian support and the option to activate an Islamic account on request. Even so, Teagle recommends that Iranian users weigh trading with this broker against their personal risk management.

FXNX trading accounts

FXNX offers five accounts on NX Terminal and MT5, all with floating spreads, leverage up to 1:500 and an Islamic version, with no requotes recorded:

• NX One: minimum deposit $50, spreads from 0.5 pips and a $6 commission;
• NX Bonus: minimum deposit $100, spreads from 1.5 pips and a $7 commission;
• NX Auto: minimum deposit $200, spreads from 0.8 pips and a $9 commission;
• NX Pro: minimum deposit $2500, spreads from zero and a $5 commission;
• NX Flex: minimum deposit between $10 and $10000, spreads from zero and a commission of zero to $9.

Interestingly, all accounts charge commission and no fixed commission-free account is listed, so calculate the cost of each trade by adding the spread and commission. Margin call and stop-out levels are also missing from Teagle data, and no cent account is offered. The guide to ECN accounts and how they differ from other accounts and the article Spreads in Forex Trading help with this calculation.

FXNX platforms and services

Trading takes place on the proprietary NX Terminal platform and MetaTrader 5 (Windows, Mac, Android, iOS and web version); MetaTrader 4 is not supported. The list of services includes copy trading, expert advisors and trading bots, virtual private servers (VPS), a trading API, a forex calculator, education, rebates and bonuses. If you want to run automated trading on a virtual server, see the article What Is a VPS in Forex . The NX Bonus account shows that bonuses are part of this broker's offering; follow active offers on the broker bonuses page .

Deposits and withdrawals at FXNX

The listed methods include local payment methods and cryptocurrencies; bank payments are also mentioned among the broker's features. For both methods in the table, a $10 minimum deposit, instant fee-free deposits, free withdrawals, a $100000 daily withdrawal limit and withdrawal processing within 24 hours are stated. These terms look good on paper, but for a broker with a 1-year track record, claims of fast withdrawals should be tested in practice with a small amount.

FXNX rating and risk on Teagle

FXNX does not yet have a final rating on Teagle; no ratings from credibility sources such as Trustpilot or WikiFX are recorded, and Teagle users have not left any reviews either. Teagle Eye's risk score for this broker is 69 out of 100, in the "high risk" category; offshore licenses and a very short track record are the main reasons for this figure. See this broker alongside other high-risk brokers in the Teagle ranking warning list .

Pros and cons of FXNX

• Pro: serves Iranians with a Persian website and support
• Pro: customizable NX Flex account and support for AI tools
• Pro: fee-free crypto deposits and withdrawals and an Islamic account
• Con: offshore and weak regulation
• Con: very short track record and no credibility ratings
• Con: no cent account and no MetaTrader 4 support

Who is FXNX suitable for?

According to Teagle, FXNX is worth considering for Iranian traders interested in raw spreads, copy trading, AI tools and crypto deposits, but it is not suitable for large capital or for those who want tier-1 regulation. Before choosing, use the FXNX vs Opofinance comparison to set it against a more established option.

Conclusion

FXNX offers good access for Iranians, but with an offshore license and a short track record, it has not yet proven its trustworthiness. Start with the minimum amount, make a test withdrawal, increase your capital gradually and check new warnings on the investment risk warning page .