BrokAIr Reviews

Norvik Forex Review

"Norvik Forex has quickly become one of the most popular online brokerages, despite its lack of customer service and support. But how can Norvik Forex be so successful without providing the proper resources for their customers?"

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Norvik Forex Review

Overview

Norvik Forex is an online broker founded in 2013 and headquartered in Riga, Latvia. It is regulated by the Financial and Capital Market Commission (FCMC) of Latvia as well as the Cyprus Securities and Exchange Commission (CySEC). Norvik Forex offers access to more than 200 financial instruments including forex, cryptocurrencies, indices, stocks, and commodities. In addition, it provides its clients with a wide range of features such as one-click trading, social trading, and 24/7 customer service.

Pros and Cons

Pros

Cons

Public Opinion of Norvik Forex

Norvik Forex has generally received positive reviews from customers. Its quality of service and customer support are praised by many traders. However, some customers have reported high spreads on some instruments and the lack of a MetaTrader platform.

Newsworthy Events Around Norvik Forex

In 2020, Norvik Forex announced that it had become a principal member of Visa Europe Limited. This allowed its customers to use Visa cards for deposits and withdrawals. In 2021, it was announced that the company had been granted a Category 2 license by the Financial and Capital Markets Commission (FCMC) of Latvia. This allowed it to provide investment services across the European Economic Area. Additionally, the company has recently announced a partnership with MetaQuotes Software Corp., which will allow customers to use the MetaTrader 5 platform for trading.