NOX TRADING has been flagged by Financial Conduct Authority for "Unregistered/Unlicensed entity offering financial products or services". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
I wanted to transfer my portfolio from another broker to NOX TRADING. They said they do not accept in-kind transfers for my asset type. I had to sell, withdraw, deposit, and rebuy - incurring taxes and spread costs. They did not tell me this before I signed up.
Pros: Dividend tracking|Real-time alerts|Clear documentation|Regular platform improvements
Cons: Wait times can be long during peak hours
I opened an account with NOX TRADING for the past year and a half ago. The platform frequently logs you out, orders fail to execute at the stated price, and when you complain they blame your internet connection. I have screenshots proving otherwise.
Pros: Fast support response|Transparent fees|Comprehensive tools
Cons: Wait times can be long during peak hours
If you are reading this considering NOX TRADING - run. I wish I had read more negative reviews after reading several online reviews. I thought the positive ones were real. Maybe some are. My experience over for about five months has been so bad I feel obligated to warn others. Do not make my mistake.
Pros: Good analytical tools|Risk management tools
Cons: Minor UI glitches occasionally
My withdrawal request from NOX TRADING has been pending for over two weeks now. Every time I contact support, I get the same copy-paste response about processing times. This is unacceptable for a financial platform in this day and age.
Pros: Detailed reporting|Quick verification|Competitive fees|Economic calendar
Cons: Onboarding videos are outdated|Inactivity fee applies after 12 months