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NOZAX

Trust Score:

5.00

(1 Reviews)

About NOZAX

NOZAX operates through its website as a multi-asset neo-broker offering access to forex, stocks, indices and commodities via a unified trading interface. The firm describes itself as a modern fintech-oriented entity and serves clients seeking a diversified platform rather than a single-market specialist. The broker publishes its registration in Montenegro and highlights the use of sophisticated web and mobile tools for market access and order execution.

Regulation & Security

NOZAX AD holds licence number 03/2-5/5-21 issued by the Montenegrin Capital Market Authority (CMA) under company registration number 40009820. The regulatory framework defined by Montenegro differs from those in major financial jurisdictions and may result in lower levels of investor protection such as compensation schemes or strict leverage limits.

Account and Setup

Account opening for NOZAX involves completing the online registration process and submitting identity and address verification documents. The broker offers multiple account tiers including NZX ZERO, NZX CORE and NZX CENT which cater to different trading volumes. While some sources state there is no minimum deposit on certain tiers, users should clarify exact entry requirements for their region.

Funding Options

Funding options at NOZAX include bank transfers, debit/credit cards and e-wallet systems. Account currency options referenced in analyses include USD, EUR and JPY. Specific deposit and withdrawal fees, minimum transaction amounts and processing times vary by payment method and jurisdiction so traders should verify these conditions prior to trading.

Bot & API Compatibility

The platform offered by NOZAX is MetaTrader 5 (MT5) which supports automated trading systems including Expert Advisors (EAs) and algorithmic strategy deployment via the standard MT5 interface. The public documentation does not highlight a dedicated API beyond the MT5 environment, so algorithmic traders should confirm available extensions or integration options directly.

Trading Conditions& Restrictions

Trading conditions at NOZAX feature headline maximum leverage reported up to 1 : 500 and spread-based pricing with account tiers such as NZX ZERO advertised as offering raw ECN-style spreads from as low as 0.0 pips plus commission and NZX CORE/ CENT offering STP spreads with no commission. Full details of lot size minimums, hedging, scalping or EA restrictions are not clearly published, and prospective users should request the brokerÕs execution policy and terms of business before deploying automated strategies.

NOZAX Reviews

( 1 )

NOZAX Reviews

( 1 )

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