General Information
Naxware is a company registered in Seychelles and has been established for less than a year. It is a financial platform regulated by the Australian Securities and Investments Commission (ASIC) that offers a wide range of market instruments, including forex, cryptocurrencies, stocks, ETFs, and commodities.
Additionally, Naxware collaborates with leading technology providers to ensure that customers receive high-quality services and products at great prices. The platform's flexibility in provider selection allows traders to optimize their strategies. However, reliance on external partners can pose some risks.
Is NAXWARE legit?
NAXWARE is regulated by the Australian Securities and Investments Commission (ASIC) under license number 001308564.
Pros and
ConsProsCompetitive
spreads and low
feesRegulated by ASICCmultiple
market
instrumentsConsMT5
is not available
Market Instruments
Naxware offers a range of market instruments designed to cater to the diverse trading preferences of its clients.
Forex Trading: Forex is the world's largest financial market, and Naxware allows trading in a wide range of currency pairs, including major, minor, and exotic currency pairs. With the market open 24 hours a week, traders can take advantage of currency fluctuations for portfolio diversification and effective risk management.
Cryptocurrencies: Join the dynamic world of cryptocurrencies at Naxware. We offer a variety of cryptocurrency pairs, enabling traders to trade popular cryptocurrencies like Bitcoin, Ethereum, Litecoin, and more. Traders can take advantage of the volatility of digital assets to potentially maximize their profits.
Stocks and ETFs: Diversification is key, and Naxware achieves this by offering stocks and exchange-traded funds (ETFs) from global markets. Whether it's tech giants, blue-chip stocks, or industry-specific ETFs, our platform provides traders with a wide range of stock options.
Commodities: Use Naxware to trade important commodities like gold, oil, silver, and more. These assets react to global economic events, providing traders with opportunities to diversify their portfolios and hedge against inflation through inherent volatility.
Trading Platform
Naxware offers a versatile suite of trading platforms to cater to traders' needs:
MetaTrader 4 (MT4): Known for its popularity, MT4 offers a user-friendly interface, advanced charting tools, and automated trading capabilities.
Mobile Solutions: Their mobile trading platform enables traders to stay connected and trade at all times, ensuring access to the markets from anywhere with an internet connection.
Web Terminal: Accessible through a web browser, the web terminal provides traders with the flexibility to manage their accounts and execute trades directly from any internet device, enhancing convenience and accessibility.
How to open an account?
To open an account on Naxware, you can follow these general steps:
Visit the Website: Navigate to Naxware's official website and download the client.
Click "Register": Look for the "Register" or "Register" button prominently located on the homepage.
Fill in Personal Information: You will be directed to a registration form that requires you to enter your personal details such as your full name, email address, phone number, and country of residence.
Choose a Resolver and Password: Create a username and password for your Naxware account, ensuring compliance with specified security requirements.
Agree to the terms and conditions: Review the terms of service and privacy policy provided by Naxware and tick the box to indicate your agreement to proceed.
Verify Your Email: After submitting the registration form, check your email inbox for a verification message from Naxware. Click on the verification link provided to confirm your email address and complete the registration process.
Customer Support
NAXWARE provides round-the-clock technical support, and the team is available to assist you 24/7 via email (support@naxware.com).
Conclusion
Naxware remains an ASIC-regulated broker, ensuring a high level of credibility and security. Strategic technology partnerships give it access to premium service and competitive pricing. Despite relying on external providers and potential platform customization limitations, Naxware offers a wide range of tradable instruments such as forex, cryptocurrencies, stocks, and commodities.
