NINEFOREX Review Overview
NINEFOREX is operated by Babylon Financial Group Ltd. from a registered address in Kingstown, St. Vincent and the Grenadines. NINEFOREX cites no financial regulator, license, or AML registration — only a registered address in St. Vincent and the Grenadines, which does not itself license forex brokers. Japanese-language support is available on weekdays from 10:00 to 18:00 JST.
| Specification | Detail |
|---|---|
| Operating Company | Babylon Financial Group Ltd. |
| Regulation | None disclosed |
| Platform | TradingView only (no MT4/MT5) |
| Maximum Leverage | 1:400 (forex only) |
Forex Only, No CFDs
NINEFOREX’s own materials state that only currency pairs are tradable. Gold, crude oil, stock indices, US shares, and cryptocurrency CFDs are explicitly not available, which makes it one of the narrowest instrument ranges covered in this series.
Account Types and the EXTRA Account
The Standard account (yen-denominated, ¥1 minimum deposit, up to 1:400 leverage, free maintenance, NDD execution, 20% stop-out, zero-cut) can be opened twice per client. The EXTRA account is a positive-swap account offered on a limited basis (previously capped at 1,000 accounts): USD/JPY longs receive swap or pay none, and shorts are swap-free. It requires a ¥10,000 minimum deposit, is limited to 1:200 leverage, and charges a $90 monthly maintenance fee.
NINEFOREX explains that the EXTRA account is possible because it hedges client sell orders with a counterparty’s Islamic (swap-free) account, a structural detail readers should weigh when judging how sustainable the offer is.
Deposits and Withdrawals
Deposits are free by credit card, domestic bank transfer, or overseas remittance. Withdrawals require at least ¥10,000 and carry a ¥700 fee. NINEFOREX’s own materials describe no bonus program beyond the EXTRA account promotion.
Pros and Cons
| Pros | Cons |
|---|---|
| Very low ¥1 minimum deposit on the Standard account | No regulator, license, or AML registration disclosed |
| Positive-swap EXTRA account is an unusual feature | Forex pairs only — no metals, indices, shares, or crypto |
| Japanese-language support on weekdays | TradingView only; no MT4/MT5 for independent verification |
| EXTRA account costs $90 per month |
Is NINEFOREX a Broker Worth Considering?
NINEFOREX’s undisclosed regulatory status is the central issue, compounded by a forex-only offering and a non-MetaTrader platform that makes independent verification harder. The EXTRA account’s positive-swap promise depends on a specific counterparty hedging arrangement and carries a monthly fee. Readers should verify all claims independently and never deposit more than they could afford to lose entirely.
FAQ
- Is NINEFOREX regulated?
- NINEFOREX discloses no financial regulator, license, or AML registration in its own materials.
- What platform does NINEFOREX use?
- TradingView only — MT4 and MT5 are not supported.
- Does NINEFOREX offer CFDs or crypto?
- No, only forex currency pairs are tradable.
- What does the EXTRA account cost?
- A $90 monthly maintenance fee, with a ¥10,000 minimum deposit and 1:200 maximum leverage.
