About Us

The website www.nessfx.com is owned and operated by FxNet Limited – a licensed Forex and CFD broker, authorized and regulated by CySEC, under license number 182/12.

We are offering high quality services to both individual and corporate Clients, while being fully compliant with all the relevant Laws and Regulations.

As a mature and experienced Company, we understand the nature of the Forex industry, as well as the needs and demands of its Clients. For that reason, we have created a secure trading network consisting of high-end trading technology and prestigious partnerships, which has enabled us to become a secure, transparent and reliable broker.

Financial markets are our passion and a constant source of inspiration, which we want to share with our Clients on daily basis. Therefore, as a Company, we aspire to constantly improve our services, ensuring that we always maintain ourselves to the highest spectrum of customer satisfaction.

Vision & Mission

NessFx is managed by professionals with over a decade’s worth of experience in the financial industry. This knowledge translates into a wealth of benefits for our Clients. From exceptional customer support, to excellent trading conditions, we make sure that our Clients are always provided with the best service that we can deliver.


Our core tenets are integrity, reliability and responsibility. This is why we have established high personal and professional standards, which have reliably cemented our position among regulated brokers and why we manage to meet all realistic expectations from both professional and those less experienced traders.


We believe that our success is directly dependent on the success of our Clients. For that reason, we consider our Clients as our top priority and our relationships with them as mutually beneficial partnerships, which further our efforts to build and maintain a loyal customer base.

Our Advantages

Outstanding trading conditions, full transparency, high security, privacy and so much more...


Our aim is to provide you with the ideal surroundings that will allow you to trade in the financial market. We combine our extensive knowledge and expertise of the industry with the innovative technology, supreme customer support and trusted payment solutions to deliver you high quality services that are predominantly secure and reliable. 

Reliability

Invest with a licensed and regulated broker!

The Company operates and provides its services under the regulation of the Cyprus Securities and Exchange Commission (CySEC), in full compliance with the Markets in Financial Instruments Directive.

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Security

Enjoy trading knowing that your funds are secure!

  • Deposit and withdraw your funds at any time, while we protect the safety of your transactions and ensure that all your information remain private.
  • Use a variety of trusted payment methods, that have been authorized and regulated by the European financial supervisory institutions.
  • Concentrate on trading while your funds are safely deposited in an omnibus account.
  • Enjoy market’s volatility knowing that we protect you from the negative balance.
  • Relax and plan your next trading strategy knowing that your funds are protected at all times – even in unlikely case of our insolvency.
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Convenience

Choose the account that works best for you!

Both individual and corporate clients have the choice between three types of trading accounts, designed to meet the expectations of every investor.

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Select instruments that interest you the most!

Choose from over 180 trading instruments, including major and minor forex pairs, metals, energies, softs, equity indices, bonds and shares of the world’s biggest companies.

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Access all your favorite instruments and trade from one platform!

One of the world’s leading trading platforms, MetaTrader 4 (MT4), is available to all Clients of Nessfx.

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Trade on the go anywhere & anytime!

Don’t limit your trading to your house or office. Monitor and execute your trades from any place at any time straight through your phone or tablet.

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Service & Trading Quality

Let us assist you!

With Nessfx you are not alone. We offer a personalized service and support to all out Clients. Whether you have questions regarding the functionality of the trading platform or you simply need someone to provide you with the newest market information our dedicated account managers are here to help.

Additionally, you can always get in touch with us via e-mail, live chat, phone or you can simply leave us a message so that we can get back to you. 

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Superior Trading Conditions

Enjoy superior trading conditions where: 

  • Scalping, hedging and news trading is allowed,
  • Your orders are not subject to rejections and re-quotes,
  • You can manage the risk by adding and removing Limit Orders,
  • There is no dealing room and your orders go straight-though-processing (STP model),
  • Real time Market Execution is applied, meaning that your trades are being executed at the best price available,
  • Spreads start from 0 pips,
  • Margin call and stop out is applied to protect your account from zeroing out,
  • The currency pairs are quoted up to the fifth digit after the decimal point to provide you with extra accuracy,
  • Trading platform is user friendly and it allows you to trade from your favorite device,
  • You are provided with a wide variety of trading instruments,
  • The rules are clear, transparent and you do not have to worry about hidden costs, fees and charges.
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Privacy

Keep your data confidential while trading with us online!

Encrypting sensitive information at all stages of its lifecycle is a proven method of keeping it safe from hacker attacks, which is why all our online services are certified by Comodo. 

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Keep your information private and secure!

When dealing with your information, we always act in compliance with the relevant laws and regulations. We ensure that all your information is collected, safely stored and processed is strict confidence. Please refer to our Privacy Policy.

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Transparency

Stay informed!

We provide you with an easy access to all information that may help you understand the market as well as our operations. 

  • All actions relating to services we provide, are governed by our Terms & Conditions of Use, which comprise of all Legal Documentation
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  • Detailed information regarding product specification and the description of all financial instruments is always available for you on our website.
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  • Stay on top of your finances and find out everything there is to know about costs associated with trading Forex/CFDs.
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    Costs, Fees & Charges


    There are no fees for registering and opening an account with us. We will not charge you a monthly fee for owning an account either, however, you should keep in mind that there are some charges related with trading, transferring money and inactivity.

    Costs related with trading:

    Spread – When you open a transaction, spread is automatically charged, which is why your transaction opens with ‘a minus’. Spread which includes mark-up (if applicable), is the difference between the BUY and the SELL price and it can vary between different financial instruments; its size depends on the type of the Account Type held by you and the market conditions. Keep in mind that, since we offer floating spread, it can widen or contract at any time, without a warning.

    Commissions – Commission is only charged on the Platinum account, and it equals 1.2 pips per each closed lot.

    Overnight Financing / Swaps - The swap is the interest added or deducted for holding an open position overnight. Swaps are charged in the form of points or monetary terms depending on the financial instrument, and are based on market interest rates, which may vary from time to time. Depending on the position held and the interest rate of the currency involved in the Transaction, you may either be credited or debited with financing. On Mondays, Tuesdays and Thursdays, swaps are charged once every working day. On Wednesdays and Fridays (depending on the product) swap is charged in triple size. You can view all swaps in your MT4 Terminal.

    Costs related with money transfers:

    Transfer fees may be charged by certain payment providers, however commissions for deposits and/or withdrawals are never charged by us under no circumstances. To find more information regarding the commission charged by the payment providers, visit our Deposits & Withdrawals section.


    Costs related with the lack of activity:

    In the event that there is no activity (trading/withdrawals/deposits) in your trading account for a continuous period of 90 (ninety) calendar days, such trading account will be considered to be dormant. Dormant Accounts will be charged with a monthly dormant fee of EUR 30 (or the equivalent in the Account Currency) or the full amount of the free balance if the balance is less than EUR 30. There will be no fee if the free balance is in the Account is zero.


Security of Your Funds

At NessFx, we are offering you services in compliance with all the applicable EU and local regulations and we take every preventative measure to ensure that your funds are highly secured under all circumstances.

  • License Issued by CySEC - Financial Regulatory Agency Based in EU

    The Company operates under the regulation of the Cyprus Securities and Exchange Commission (CySEC), which means that we can provide our services only in compliance with strict regulatory requirements. Our activities are monitored on regular basis and we are required to periodically submit efficient financial reports.

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  • ΙCF Membership

    The Company is a member of the Investor Compensation Fund. A Fund that has been in place to secure the claims of Covered Clients against Cyprus Investment Firms. Client’s claim for compensation may be exercised through the Fund following the failure of a member firm to do so. Thanks to our ICF membership, you are protected in the very unlikely event of the Company’s insolvency. Please refer to our Investor Compensation Fund.

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  • Verified Payment Providers

    Whether you wish to deposit or withdraw your funds, we will process your transaction only via trusted, authorized and regulated payment providers. Each bank or payment provider, with whom we cooperate with, is regulated by an EU based financial supervisory institutions. 

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    Payment Clearing Service Providers

    Paysafe Financial Services Limited (Neteller), authorized by the Financial Conduct Authority (FCA) under the Electronic Money Regulations 2011 for the issuing of electronic money, FCA e-money register number 900015.

    Skrill Limited, authorized by the Financial Conduct Authority (FCA) under the Electronic Money Regulations 2011 for the issuing of electronic money, FCA e-money register number 900001.

    Safecharge Limited, licensed by the Central Bank of Cyprus, license number 115.1.3.9

    PayPro S.A., authorized as a Payment Institution by the Polish Financial Supervision Authority (KNF), permit number UKNF IP24/2014


  • Negative Balance Protection

    As per regulatory requirements, we fully protect our Clients from the negative balance. It means that you are not liable in any way for a negative account balance, which may be caused by a rapid and violent market movement. The maximum risk associated with trading is limited to the equity gathered on your account.

  • Segregation of Client’s Funds (omnibus accounts)

    Client’s funds are held in separate accounts within secure banking institutions, thereby protecting their use for any other purpose. This segregation from the Company’s own accounts ensures that your funds cannot be used by the Company under any circumstances. 

  • High Quality of Online Data Protection

    Clients’ financial transactions are all protected by the Comodo’s Secure Sockets Layer (SSL) with 256 Bit Encryption, which is a security technology used for establishing an encrypted link between a web server and a web browser ensuring all data passed between the two remain private. 

License & Regulations

FxNet LTD (the owner of the domain www.nessfx.com) is a Cypriot Investment Firm (CIF), which provides online trading services on Forex and CFDs. The Company has been incorporated and registered under the laws of the Republic of Cyprus (Certificate of Incorporation No. 300624) and is authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC), under license number 182/12. The Company operates and provides its services in full compliance with the Markets in Financial Instruments Directive (MiFID), revised and implemented on the 3rd of January 2018 as MIFID II.

CySEC

The Cyprus Securities and Exchange Commission, better known as CySEC, is the financial regulatory agency of the Republic of Cyprus. Since Cyprus became a member of the European Union in 2004, CySEC has become part of European MiFID regulation, giving firms registered in Cyprus access to European markets.

The main objective of CySEC is the supervision and control of the Cyprus Stock Exchange and licensed investment companies, which are providing financial and ancillary services to its Clients. It is the body that grants operational licenses to investment firms and other types of institutions.

MiFID, MiFID II & MiFIR

The Markets in Financial Instruments Directive 2004/39/EC (MiFID) is the framework of European Union (EU) legislation for the provision of the requirements regarding the way investment services are provided across the European Economic Area (the 28 EU member states plus Iceland, Norway and Liechtenstein).

MiFID was incorporated into Law by the Investment Services and Activities and Regulated Markets Law (N 144(I)/2007), on 1st of November 2007, by replacing the Investment Services Directive.

On 15th of May 2014 the European Union issued the Directive on the Markets in Financial Instruments Directive, 2014/65/EU, (MiFID II) and the Market in Financial Instruments Regulation 600/2014 (MiFIR), which amend the existing Directive.

The revised Directive and Regulation have been implemented on the 3rd of January 2018.

Moreover, we hold a cross-border CySEC License, authorizing us for the provision of our services throughout the EEA. We have obtained a passport to offer our services in a number of European countries, including:

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