Company Information:

This website (www.inefex.com) is operated by Novir Markets Ltd, a Mauritian investment firm, authorised and regulated by the Financial Services Commission of Mauritius with license number GB21026833. Novir Markets Ltd is located at Suite 803, 8th Floor, Hennessy Tower, Pope Hennessy Street, 11328, Port Louis, Mauritius.

 

Novir Markets Ltd owns and operates the “Inefex” brand.

According to the payment agent agreement between NOVIR MARKETS LTD and BERITSA LTD,  BERITSA LTD (Registered Address: Kallipoleos 15, Amaral 30, 4th Floor, Offices 402, 1055, Nicosia, Cyprus) registration number HE 446576, is acting as payment agent providing payments services to NOVIR MARKETS LTD.

Risk Warning:

Contracts for difference (‘CFDs’) is a complex financial product, with speculative character, the trading of which involves significant risks of loss of capital. Trading CFDs, which is a marginal product, may result in the loss of your entire balance. Remember that leverage in CFDs can work both to your advantage and disadvantage. CFDs traders do not own, or have any rights to, the underlying assets. Trading CFDs is not appropriate for all investors. Past performance does not constitute a reliable indicator of future results. Future forecasts do not constitute a reliable indicator of future performance. Before deciding to trade, you should carefully consider your investment objectives, level of experience and risk tolerance. You should not deposit more than you are prepared to lose. Please ensure you fully understand the risk associated with the product envisaged and seek independent advice, if necessary. Please read our Risk Disclosure document.

 

Regional Restrictions:

Novir Markets Ltd does not offer services within the European Economic Area as well as in certain other jurisdictions such as the USA, British Columbia, Canada and some other regions.
Novir Markets Ltd does not issue advice, recommendations or opinions in relation to acquiring, holding or disposing of any financial product.
Novir Markets Ltd is not a financial adviser.

General

  • What is my trading account?
    After completing your registration, a personal trading account is created, and you can start trading.
  • What is a CFD?
    A CFD (Contract for difference), offers traders the opportunity to speculate on, and possibly earn from the price movement, without actually physically owning the underlying asset. By using a CFD (basically a contract between a buyer and seller that specifies a certain purchase price), it allows for profits or losses based, on the change in the price of the underlying asset during a specified time frame. CFDs can be traded in all the major markets, Forex, Stocks, Indices, Commodities and Cryptocurrencies.
  • What is a leverage?
    A leverage increases your purchasing power hence enables you to gain a large exposure to a financial market while only tying up a relatively small amount of your capital.

    CFDs are leveraged, which means you only have to put down a small deposit for much larger exposure.

    Leverage increases your profit potential as well as the risk of losing your capital.
  • What is a lot?
    A lot is the standard number of units per transaction and represents the size of your trades in CFDs. The standard size for a lot is 100,000 units of currency, and now, there are also mini, micro, and nano lot sizes that are 10,000, 1,000, and 100 units.
  • What are pips and points?
    A ‘pip’ stands for ‘Price Interest Point’ or ‘Percentage in Point’ and is used as a unit of measure of the change in value of a currency pair – a pip is the smallest allowable fluctuation in its price.

    Most of the currencies, unlike the Japanese Yen, have 2 decimal points e.g. 1 dollar = 100 cents.
  • What is a margin?
    When a broker loans money to a trader in order they can use leverage, allowing them to control a larger amount of trading capital than what’s currently in their account. Traders typically use it to open positions that are many times larger than what would otherwise be possible, exposing themselves to greater potential for returns but also for losses.
  • What is a spread?
    A spread is the difference between the bid (sell) and ask (buy) price.
  • What is a swap?
    A swap fee is charged when you keep a position open overnight.
  • Can't login to my account, what should I do?
    First of all, make sure that you enter the correct login details and in case you don't remember your password, please use Forgot Password option. We are also recommending to use Google Chrome or Mozilla Firefox browsers for the most effective platform performance. If the issue persists, do not hesitate to contact our customer support.
  • After a deposit where can I see my deposited funds?
    If you can't see your deposit in the account info bar - refresh the browser. If the problem is still occurring, please contact our customer support.
  • How can I change the platform from light to dark?
    Click on the right bottom corner button on the trading platform next to the sun and moon icons.
Risk Warning

Trading in Forex/CFD carry a high level of risk to your capital due to the volatility of the underlying market. These products may not be suitable for all investors. Therefore, you should ensure that you understand the risks and seek advice from an independent and suitably licensed financial advisor.

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