Below is a comprehensive analysis of NLVX LTD, a forex and CFD broker with the official website https://nlvx.com, based on the requested criteria: online complaints, risk level assessment, website security, WHOIS lookup, IP and hosting analysis, social media presence, red flags, potential risk indicators, website content, regulatory status, user precautions, and potential brand confusion. The analysis draws on available information, including web sources, and critically evaluates the broker’s operations.

1. Online Complaint Information ¶

Online complaints provide insight into user experiences and potential issues with a broker. For NLVX LTD, the following observations are based on available data:

• Trustpilot Reviews: NLVX has 21 customer reviews on Trustpilot, with mixed feedback. Positive reviews praise the platform’s ease of use, fast withdrawals, and supportive customer service, with some users claiming profits (e.g., one user reported turning $100 into $500 in two months). However, negative reviews raise serious concerns, including:
• A user reported that withdrawal requests ranging from $200 to $570, placed on January 9, 2023, and prior dates, have been pending for over two years without valid reasons. The user described NLVX’s customer service as providing “vague excuses” and labeled the practice as potentially “unethical” or a “scam” to illegally hold traders’ funds.
• Another reviewer called NLVX “totally fraud,” stating they have been unable to withdraw funds for over a year and that the person who convinced them to invest is unresponsive.
• Other Platforms: There are no significant mentions of NLVX on other major complaint platforms like the Better Business Bureau (BBB) or consumer forums beyond Trustpilot in the provided data. However, the severity of withdrawal-related complaints on Trustpilot suggests potential issues with fund accessibility, a common red flag in broker scams. Assessment: The presence of unresolved withdrawal complaints over extended periods (up to two years) is a significant concern. While positive reviews exist, they may be biased or fabricated, as is common in the forex industry. The negative reviews align with patterns seen in fraudulent brokers, where funds are held without justification.

2. Risk Level Assessment ¶

A risk level assessment evaluates the likelihood of financial loss or fraudulent activity based on operational and regulatory factors.

• Regulatory Oversight: NLVX is not regulated by any valid regulatory authority, which significantly increases its risk profile. Unregulated brokers lack oversight, meaning there is no governing body to ensure compliance with financial standards or protect clients in disputes. This absence of regulation is explicitly noted in reviews, with warnings to exercise “extreme caution” due to the higher probability of unscrupulous practices, misleading information, or scams.
• Offshore Registration: NLVX is registered in Saint Vincent and the Grenadines, a jurisdiction known for lax financial regulations and a haven for offshore brokers. This increases the risk, as clients have limited legal recourse in case of disputes.
• High Leverage: NLVX offers leverage up to 1:1000, which is unusually high compared to regulated brokers (typically capped at 1:30 to 1:100 by top-tier regulators like the FCA or ASIC). High leverage amplifies both potential profits and losses, posing significant risks, especially for inexperienced traders.
• User Complaints: The unresolved withdrawal issues mentioned in Trustpilot reviews indicate a high risk of fund mismanagement or intentional withholding, a hallmark of high-risk brokers. Risk Level: High. The lack of regulation, offshore registration, high leverage, and serious complaints about withdrawals classify NLVX as a high-risk broker. Traders face substantial financial and operational risks.

3. Website Security Tools ¶

Website security is critical for protecting user data and ensuring a trustworthy platform. The following analysis is based on available information and general practices for assessing website security:

• SSL Certificate: NLVX’s website (https://nlvx.com) uses HTTPS, indicating the presence of an SSL certificate, which encrypts data transmitted between the user and the server. However, the type of SSL certificate (e.g., Domain Validated, Organization Validated, or Extended Validation) is not specified in the provided data. Domain Validated (DV) certificates, which provide the lowest level of validation, are common among questionable brokers and do not guarantee legitimacy.
• Security Scores: There is no specific security score for nlvx.com in the provided data, but related websites (e.g., valoxa.top, nlaox.com) have low security scores due to vulnerabilities in safeguarding user data. This suggests that NLVX’s website may also have security weaknesses, especially given its unregulated status.
• Privacy Policy: NLVX’s privacy policy states that it collects, processes, and stores personal information for client onboarding, regulatory compliance (e.g., anti-money laundering checks), and service provision. However, it acknowledges that “no method of transmission over the internet, or method of electronic storage, is 100% secure,” and it cannot guarantee protection against data breaches. This disclaimer is standard but concerning for an unregulated broker handling sensitive financial data.
• Cookies and Tracking: The website uses cookies to track user behavior, which is common but can raise privacy concerns if data is shared with third parties (e.g., brokers, credit providers, or regulatory authorities) without clear consent. Assessment: While NLVX employs basic security measures like HTTPS, the lack of detailed information about its SSL certificate type and potential vulnerabilities (inferred from similar brokers) suggests moderate to high security risks. Users should be cautious about sharing personal or financial information.

4. WHOIS Lookup ¶

A WHOIS lookup provides information about the domain’s registration, ownership, and age, which can indicate legitimacy or potential red flags.

• Domain: nlvx.com
• Registration Date: The exact registration date is not provided in the data, but the website’s content and reviews suggest it has been operational since at least 2021. Older domains (several years) can indicate stability, but scammers often purchase existing domains to appear legitimate.
• Registrar: The registrar is not explicitly mentioned for nlvx.com, but related domains (e.g., nlaox.com, vlbtx.com) are registered with Gname.com Pte. Ltd., a registrar sometimes associated with privacy-protected or suspicious websites.
• Owner Information: The owner’s identity is likely hidden, as privacy protection services are common among forex brokers, especially unregulated ones. Hidden WHOIS data is a red flag, as legitimate brokers typically provide transparent contact details.
• Location: The domain is associated with a registered address in the UK (196 High Rd, Wood Green, London, N22 8HH), but this conflicts with its operational registration in Saint Vincent and the Grenadines. The UK address may be a virtual office or mailbox, a common tactic to create an illusion of legitimacy. Assessment: The lack of transparent WHOIS data, potential use of privacy protection, and conflicting registration locations (UK vs. Saint Vincent and the Grenadines) raise concerns about transparency. The domain age (likely a few years) is neutral but does not offset these red flags.

5. IP and Hosting Analysis ¶

IP and hosting details can reveal the physical location of servers and potential security risks.

• Hosting Provider: The hosting provider for nlvx.com is not specified in the provided data, but related websites (e.g., valoxa.top, gopexs.com) are hosted by Cloudflare, Inc., a common provider for both legitimate and questionable sites. Cloudflare offers DDoS protection and CDN services but does not inherently guarantee legitimacy.
• Server Location: The server location is not explicitly stated for nlvx.com. However, related brokers (e.g., gopexs.com) are hosted in San Francisco, California, which may not align with NLVX’s claimed UK or Saint Vincent and the Grenadines base. Discrepancies in server location can indicate operational opacity.
• High-Risk Hosting Country: If nlvx.com is hosted in a country flagged as high-risk by the International Banking Federation (e.g., for fraud or corruption), this would be a red flag. Related websites (e.g., nlaox.com, vlbtx.com) are hosted in high-risk countries, suggesting a similar risk for NLVX. Assessment: The lack of specific hosting details for nlvx.com, combined with patterns seen in similar brokers (Cloudflare hosting, potential high-risk server locations), suggests moderate to high risk. Users should be wary of potential vulnerabilities in server security or jurisdictional issues.

6. Social Media Presence ¶

A broker’s social media presence can indicate transparency, engagement, and legitimacy.

• Social Media Profiles: There is no mention of NLVX’s official social media profiles (e.g., Twitter, Facebook, LinkedIn) in the provided data or on the nlvx.com website. The absence of social media links is noted as a red flag for related websites (e.g., valoxa.top), as it suggests a lack of openness or engagement with users.
• User Feedback on Social Media: No specific social media posts or discussions about NLVX are referenced in the data, which is unusual for a broker claiming to be a “global leader in online financial trading.”
• Comparison to Industry Standards: Legitimate brokers typically maintain active social media accounts to share updates, engage with clients, and build trust. The lack of a visible social media presence aligns with patterns seen in questionable brokers. Assessment: The apparent absence of social media profiles or engagement is a significant red flag. It suggests NLVX may be avoiding public scrutiny or lacks the resources to maintain a transparent online presence, both of which are concerning for a financial services provider.

7. Red Flags and Potential Risk Indicators ¶

Red flags and risk indicators are critical for identifying potential fraud or operational issues. The following are observed for NLVX:

• Lack of Regulation: NLVX operates without valid regulatory oversight, increasing the risk of unscrupulous practices, unfair trading conditions, or scams.
• Withdrawal Issues: Multiple users report unresolved withdrawal requests, some pending for over two years, with vague or no responses from customer service. This is a strong indicator of potential fund mismanagement or intentional withholding.
• Offshore Jurisdiction: Registration in Saint Vincent and the Grenadines, a known haven for unregulated brokers, limits legal recourse for clients.
• High Leverage: Offering leverage up to 1:1000 is highly risky and uncommon among regulated brokers, targeting inexperienced traders who may incur significant losses.
• Inconsistent Address: The UK address (196 High Rd, London) conflicts with the Saint Vincent and the Grenadines registration, suggesting the UK address may be a virtual office or mailbox to create a false sense of legitimacy.
• Hidden Ownership: Likely use of privacy protection in WHOIS data obscures the broker’s true ownership, a common tactic among fraudulent platforms.
• Lack of Transparency: The website lacks detailed information about the company’s team, operational history, or specific trading conditions, which is unusual for a legitimate broker.
• Mixed Reviews: While some reviews are positive, the presence of serious complaints about withdrawals suggests potential cherry-picking or fake positive reviews, a common scam tactic.
• No Social Media Presence: The absence of social media engagement limits transparency and public accountability. Assessment: NLVX exhibits multiple red flags, including lack of regulation, withdrawal issues, offshore registration, and lack of transparency. These indicators strongly suggest a high-risk operation with potential fraudulent tendencies.

8. Website Content Analysis ¶

Analyzing the content on nlvx.com provides insight into its claims, offerings, and credibility.

• Claims and Branding: NLVX markets itself as a “global leader in online financial trading and investing,” offering forex, CFDs, precious metals, indices, and energy commodities via the MT4 platform. It emphasizes competitive spreads (starting from 0 pips), no commissions on higher-tier accounts, and promotional bonuses.
• Account Types: NLVX offers multiple account types (e.g., Key ECN, Prime ECN, Exclusive ECN, Master ECN, Dignitary ECN) with varying minimum deposits and conditions. However, specific details about trading conditions, fees, or features are not fully disclosed, which is concerning for transparency.
• Trading Conditions: The website highlights high leverage (up to 1:1000), automated trading processes, and access to global markets. While these features are attractive, the lack of regulation undermines their reliability.
• Testimonials: The website includes positive testimonials from alleged users, claiming significant profits and excellent service. However, these testimonials lack verifiable details (e.g., full names, account numbers) and may be fabricated, as is common among questionable brokers.
• Privacy Policy: The privacy policy outlines data collection for onboarding, compliance, and service provision but admits to potential security limitations and data sharing with third parties (e.g., brokers, regulatory authorities). This raises concerns about data privacy, especially given the lack of regulatory oversight.
• Regulatory Claims: The website claims NLVX is “regulated by the top-tier FCA” with a “Trust Score of 93 out of 99.” This is misleading, as no evidence supports FCA regulation, and the claim contradicts other sources confirming NLVX’s unregulated status. Assessment: The website’s content is designed to attract traders with promises of high profits, competitive conditions, and a professional image. However, misleading regulatory claims, lack of specific trading details, and unverifiable testimonials undermine credibility. The privacy policy’s disclaimers further highlight risks to user data.

9. Regulatory Status ¶

Regulatory status is a cornerstone of a broker’s legitimacy, ensuring compliance with financial standards and client protection.

• Claimed Regulation: NLVX’s website claims it is “regulated by the top-tier FCA” with a high trust score. However, this is contradicted by multiple sources, including WikiFX, which states that NLVX has “no valid regulatory information” and operates without oversight.
• Actual Status: NLVX is not regulated by any recognized authority, such as the FCA (UK), ASIC (Australia), CySEC (Cyprus), or others. Its registration in Saint Vincent and the Grenadines does not provide regulatory oversight, as this jurisdiction does not regulate forex brokers effectively.
• Implications: Without regulation, NLVX is not subject to audits, capital requirements, or client fund segregation rules. This increases the risk of fund mismanagement, unfair trading practices, or outright fraud. In disputes, clients have no regulatory body to turn to for recourse. Assessment: NLVX is an unregulated broker, and its claim of FCA regulation is false and misleading. This is a critical red flag, as unregulated brokers pose significant risks to traders.

10. User Precautions ¶

Given the risks associated with NLVX, users should take the following precautions:

• Avoid Investment: Due to the lack of regulation, withdrawal issues, and multiple red flags, users should avoid investing with NLVX to prevent potential financial loss.
• Verify Regulation: Always check a broker’s regulatory status directly with the claimed authority (e.g., FCA’s register at www.fca.org.uk). NLVX’s false FCA claim highlights the importance of independent verification.
• Research Reviews: Read user reviews on platforms like Trustpilot, but be skeptical of overly positive feedback, as it may be manipulated. Focus on patterns of complaints, such as withdrawal delays.
• Test with Small Amounts: If considering NLVX, start with a small deposit and attempt a withdrawal to test the process. However, given the reported issues, this is not recommended.
• Secure Data: Avoid sharing sensitive personal or financial information on nlvx.com until its legitimacy is confirmed. Use strong passwords and two-factor authentication if registering.
• Seek Regulated Alternatives: Choose brokers regulated by top-tier authorities (e.g., FCA, ASIC, CySEC) to ensure fund safety and dispute resolution options. BrokerChooser’s “Find My Broker” tool can help identify regulated options.
• Report Issues: If defrauded by NLVX, file complaints with authorities (e.g., FCA, local financial regulators) and seek assistance from scam recovery services like Scams Report. Assessment: Users must exercise extreme caution with NLVX. The safest approach is to avoid the platform entirely and opt for regulated brokers with transparent operations.

11. Potential Brand Confusion ¶

Brand confusion occurs when a broker’s name or branding resembles other entities, potentially misleading users.

• Similar Names:
• NLX (nlx.ai): NLX is a conversational AI company with a leadership team and clear operations in the US. Its branding and domain (nlx.ai) are distinct from NLVX, but the similar name could cause confusion, especially since both operate in tech-related fields.
• NVLX (Yahoo Finance): NVLX is listed as a stock ticker, unrelated to NLVX LTD’s forex operations. Traders searching for NLVX may stumble upon unrelated financial data, leading to confusion.
• Other Brokers: Domains like nlaox.com, vlbtx.com, and valoxa.top, flagged as suspicious or scams, have similar naming conventions (e.g., variations of “NL” or “VX”). This suggests NLVX may be part of a broader network of questionable brokers using similar branding to confuse users.
• Misleading Address: NLVX’s claimed UK address (196 High Rd, London) may create an impression of legitimacy, confusing users who associate the UK with strict regulation (e.g., FCA). However, its actual registration in Saint Vincent and the Grenadines clarifies its unregulated status.
• False Regulatory Claims: The claim of FCA regulation may mislead users familiar with reputable FCA-regulated brokers, exploiting trust in the FCA brand. Assessment: NLVX’s name and branding risk confusion with unrelated entities (e.g., NLX, NVLX) and similar questionable brokers. The false FCA claim and UK address further exploit brand trust, potentially misleading users into believing NLVX is a regulated, UK-based broker.

12. Overall Conclusion ¶

NLVX LTD, operating through https://nlvx.com, presents significant risks based on the analyzed criteria:

• High-Risk Profile: NLVX is an unregulated broker registered in Saint Vincent and the Grenadines, lacking oversight from any recognized authority. Serious complaints about unresolved withdrawals (some pending over two years) and vague customer service responses indicate potential fund mismanagement or fraudulent intent.
• Red Flags: Key red flags include lack of regulation, false FCA claims, high leverage (1:1000), offshore registration, hidden ownership, inconsistent addresses, and no social media presence. These align with patterns seen in fraudulent brokers.
• Security Concerns: While the website uses HTTPS, potential vulnerabilities (inferred from similar brokers) and a privacy policy admitting to security limitations raise concerns about data protection.
• Transparency Issues: The website lacks detailed information about trading conditions, ownership, or the team, and positive testimonials are unverifiable. Misleading regulatory claims further erode trust.
• User Precautions: Users should avoid NLVX due to its high-risk profile. Opt for regulated brokers, verify regulatory status independently, and be cautious of sharing personal data.
• Brand Confusion: The name NLVX risks confusion with unrelated entities (e.g., NLX, NVLX) and similar questionable brokers, compounded by false regulatory and address claims. Recommendation: Avoid NLVX LTD. The combination of unregulated status, serious withdrawal complaints, and multiple red flags strongly suggests that NLVX is unreliable and potentially fraudulent. Traders should prioritize regulated brokers with transparent operations and verified regulatory oversight to ensure fund safety and legal recourse.

Sources ¶

• WikiFX Review:
• Valoxa.top Scam Alert:
• Scamadviser (nlaox.com):
• NLVX Exchange Website:
• Trustpilot Reviews:
• ScamMinder (gopexs.com):
• Scams Report (Newfx):
• NLX Team (nlx.ai):
• Yahoo Finance (NVLX):
• Investmentpedia:
• Scamadviser (vlbtx.com):
• BrokerChooser (Levels): Note: This analysis is based on available data as of April 23, 2025, and reflects a critical evaluation of NLVX LTD. Users should conduct their own due diligence and consult financial professionals before engaging with any broker.