Wikilix
Contract reading

What NYX legally published, but does not want you to read

Every clause below is published by NYX itself, on its own website, today. The finding is not that the text exists. It is the distance between what a client is shown and what a client agreed to. Read from its own documents on .

Contracting entity: NYX Markets Ltd

sole discretiondeemed acceptancehidden feewithdrawalscountry restrictionforum waiverkyc freezeprofit lockcash depositclient money

NYX publishes one contract: a 14 page PDF in English, linked from five language versions of its site. An account in profit must trade 2,000 lots per $100,000 before NYX lets it withdraw. An account that lost money can withdraw freely, and an untraded withdrawal can cost 15% of your deposit. The public page promises no right of set-off over your money; the contract applies every deposit to debts NYX says you owe.

Contract risk

Payout refusable
9.2/10

Where this contract sitsHow far this contract goes, overall. Under 2 is nothing beyond the ordinary; 6 to 9 means several clauses put money you have already earned at risk; 9 and above reads as designed to make payout refusable.

0510
CriticalClauses that can cost you money you have already earned or deposited, or that remove your ability to challenge it.
6
FlaggedEvery clause worth knowing about, at all three severities. Ordinary terms that every broker has are not counted.
16
DocumentsHow many of the broker's own legal files this reading is based on. Each one was downloaded and hashed on the date shown.
6
ContradictionsPlaces where a promise the broker makes in public is not kept by the clause that governs it.
6

How the 16 break downThe same flagged clauses, split by how much each one can cost you. Severity is our reading of the clause, not the broker's label.

Critical6
Warning9
Notice1

section 21 of 24is where the deepest clause sits, 88% of the way into the document it is in

The numbers in this contractFigures taken from this broker's own clauses, so the labels differ from broker to broker. The four in the panel above are the same on every report.

3 of these 3 figures come from a clause we rate critical, which means it can take your money or your profit rather than only delay it.

What the documents say

16 clauses worth knowing about, worst first, each quoted from NYX's own files

01

Lose money and NYX lets you withdraw all of it. Make a profit and it first wants 2,000 lots traded for every $100,000 you deposited.

Why this matters

A lot is 100,000 units of currency, so 2,000 lots on a $100,000 deposit is 200 million dollars of trading. Your profit sits with NYX until you get there.

Exhibit 1CriticalRarely seen2000

If after the transactions, the balance of the account in question loses up to 75% of the total balance, the customer (user) will be able to withdraw all or part of the balance without any restrictions, but if the transactions result in a profit (benefit) in the account, the minimum volume of transactions per 100 thousand US is (2000 LOT) will be the standard trading lot.
Clause Methods and conditions of transactions, 35 in Description of the agreement
Read from the broker's site on Archived copyOpen the reference

Where it sits: section 10 of 24 in the Description of the agreement, 42% of the way through.

What it costsDeposit $100,000 and finish in profit. NYX wants 2,000 standard lots traded first, which is 200 million dollars of currency bought and sold.

Set against a regulated standard: FCA (UK), CySEC (Cyprus)

Firms licensed by the FCA or CySEC hold a retail client's money so the client can ask for it back at any time. This contract makes the return of a profitable account's balance conditional on a trading volume.

NYX is not licensed by these regulators, so this is a comparison of practice, not a finding of any breach.

Our readingA volume condition normally attaches to a bonus the broker gave you. This one attaches to your own deposit, and it switches on only when the account is in profit.

  • Worse together with Exhibit 3Trade too little and the 15% commission applies, trade into profit and the 2,000 lot rule applies, so both ways out have a price.
02

NYX tells you on its site that it and its creditors have no right of set-off over your money. Its agreement applies every deposit you make to debts NYX says you already owe it.

Why this matters

A deposit can be absorbed before you place a trade. The page you read before funding says the opposite of the file you accept when you fund.

Exhibit 2CriticalHarder than usual

All customer deposits in any account and any type of currency and even digital currencies and electronic exchanges are used to settle the customer's previous debts with the company and the customer acknowledges and is aware of this problem.
Clause Methods and conditions of transactions, 17 in Description of the agreement
Read from the broker's site on Archived copyOpen the reference

Where it sits: section 10 of 24 in the Description of the agreement, 42% of the way through.

Set against a regulated standard: FCA (UK), CySEC (Cyprus), ASIC (Australia)

Firms licensed by the FCA, CySEC or ASIC must hold retail client money in segregated accounts and must not use it for their own account. This contract lets NYX apply each deposit against its own claim, and names no regulator and no segregated bank.

NYX is not licensed by these regulators, so this is a comparison of practice, not a finding of any breach.

03

Put money in and ask for it back without trading, and NYX can take a commission of up to 15% of your total deposit.

Why this matters

On a $10,000 deposit that is $1,500 gone for changing your mind. The agreement does not say who sets the figure or how you would question it.

Exhibit 3CriticalHarder than usual15%

It should be noted that under no circumstances will the client be allowed to use the account to transfer money without a transaction and trade, in case of a withdrawal request from the client, the broker will be obliged to withdraw the relevant commission (maximum 15% of the total deposit).
Clause Methods and conditions of transactions, 35 in Description of the agreement
Read from the broker's site on Archived copyOpen the reference

Where it sits: section 10 of 24 in the Description of the agreement, 42% of the way through.

What it costsA $10,000 deposit withdrawn without trading comes back as $8,500. The commission takes $1,500.

04

NYX can take back all the principal or the profit on your account if it decides you used unconventional methods to make money. The agreement never defines the phrase.

Why this matters

The test is NYX's own, with no definition, no deadline and no appeal written anywhere. Your deposit sits inside the clause, not only your winnings.

Exhibit 4CriticalHarder than usual

For any reason and at any time, NYX Broker Company or the LPs used prove that the trader has used unconventional methods to gain profit, this right (rule) is created for NYX Broker Company to recover all the principal or profit realized by the customer.
Clause Methods and conditions of transactions, 33 in Description of the agreement
Read from the broker's site on Archived copyOpen the reference

Where it sits: section 10 of 24 in the Description of the agreement, 42% of the way through.

05

The anti-money laundering agreement you accept at signup lets NYX confiscate all of your movable and immovable property if it decides your money or your conduct is illegal.

Why this matters

No court, no regulator and no outside finding is needed first. NYX cuts your access, confiscates, and then calculates for itself what it says you owe.

Exhibit 5CriticalRarely seen

Moreover all the clients’ movable or immovable properties are confiscated and distrained by the NYX company.
Clause Anti-money laundering agreement in Anti-money laundering agreement
Read from the broker's site on Open the reference
Our own capture of nyxbroker.com, taken on Oct 7, 2026Property confiscated under the money laundering page (clause Anti-money laundering agreement)Visit this page on the broker's siteDownload the full size image file

Our readingAn anti-money laundering policy normally freezes an account and reports it to a financial intelligence unit. Confiscating and distraining a client's property is a court's power, not a broker's.

06

You get 10 days from a dispute to send NYX a written complaint, and it has to be in the language of the agreement, which is English.

Why this matters

The ten days run from the dispute, not from the day you notice it. Write in your own language and you pay for the translation yourself.

Exhibit 6CriticalHarder than usual10 days

In the event of an objection or complaint by the client or company, the party deemed entitled (plaintiff) shall, within 10 days of the dispute, to the inspection unit of the first party submit a written complaint in the language of this agreement and sent by communication (otherwise, the cost of the translation will be borne by the applicant).
Clause Existence of disagreement or objection in Description of the agreement
Read from the broker's site on Archived copyOpen the reference

Buried at section 21 of 24 in the Description of the agreement, 88% of the way through.

Set against a regulated standard: FCA (UK), CySEC (Cyprus)

Firms licensed by the FCA or CySEC must accept a complaint long after the event and must point a retail client to an independent ombudsman they can use free of charge. This contract gives you ten days and names no scheme.

NYX is not licensed by these regulators, so this is a comparison of practice, not a finding of any breach.

What happens, and when

The stages this clause runs through, taken from the broker's own document
TriggerWhat the broker may then doClause
Within 10 daysYou send a written complaint to NYX's inspection unit, in the language of the agreement.Existence of disagreement or objection
Within 10 business daysNYX answers. NYX is also the party reviewing the complaint.Existence of disagreement or objection
If you are not satisfiedYour only route is the courts of the company's country, which the agreement never names.Existence of disagreement or objection
If NYX losesNYX alone can take the case on to the International Court of Arbitration in London.Existence of disagreement or objection

The money pages promise what the agreement takes away

NYX tells depositors their money sits in segregated trust accounts that it and its creditors have no right of set-off over. Its agreement applies every deposit to debts NYX says you owe. The same site sells in five languages, contracts in English only, and rules out residents of Turkey while pricing cash deposits in Turkish lira.

Public claims2 clauses flagged

NYX sells in English, Russian, Spanish, Persian and Arabic. Every one of those terms pages hands you the same 14 page agreement, in English only.

Why this matters

The agreement says you cannot object later because you did not understand it. Language is named in that clause as an excuse NYX will not accept.

Exhibit 13WarningHarder than usual

After concluding the contract, the client cannot object based on cases such as not knowing or not understanding the terms of the contract (due to language proficiency or lack of legal information and other cases).
Clause For real customers, 6 in Description of the agreement
Read from the broker's site on Archived copyOpen the reference
Our own capture of nyxbroker.com, taken on Oct 7, 2026The claim, on Persian terms page, which links the English PDFVisit this page on the broker's siteDownload the full size image file

Where it sits: section 5 of 24 in the Description of the agreement, near the start.

The footer on every page says NYX does not serve residents of the USA, the UAE or Turkey. The payment page lists cash deposits in TL, the Turkish lira, at a local office.

Why this matters

If you live in one of those three countries, the agreement says you should not be a client at all. The funding page still prices your currency and takes your cash.

Exhibit 14Warning

Pound, USD, EUR, TL
Clause Payment methods table, Cash row currency in Payment Methods
Read from the broker's site on Open the reference

NYX can price your exit at 15% of what you put in

A bank transfer or cash deposit at NYX costs 6% to 8% going in and 6% to 8% coming out. The agreement adds a commission of up to 15% of the total deposit where a client withdraws without trading. It also says NYX charges no fees, then lets NYX set any amount and deduct it from your account automatically.

Cost disclosure2 clauses flagged

A bank transfer or a cash deposit at NYX costs 6% to 8% going in, and 6% to 8% coming out. NYX does not say who picks the number inside that range.

Why this matters

A $5,000 bank transfer in and out can cost $800 before you place a single trade. The agreement you sign never mentions these figures at all.

Exhibit 7WarningHarder than usual8%

Deposit Commission: 6~8%
Clause Payment methods, Bank Transfer in Payment Methods
Read from the broker's site on Open the reference

What it costsDeposit $5,000 by bank transfer at 8% and $4,600 reaches the account. Withdraw that at 8% and $4,232 comes back.

NYX charges you nothing for the platform, its agreement says, and then lets NYX set any amount of fees and take it from your trading account automatically.

Why this matters

No commission figure is published anywhere on the site, for any account type. You cannot work out what a trade costs you before you place it.

Exhibit 8WarningHarder than usual

The Company will not charge the Client any fees or charges for providing services and access to the MetaTrader platform (or any platform provided by the Company), notwithstanding that the Company may, at its discretion, reimburse its costs at any time. and consider any amount of salary or work fees, it will be automatically deducted from the client's transaction account, which is already accepted by the client (of course, if the company takes this measure).
Clause Methods and conditions of transactions, 31 in Description of the agreement
Read from the broker's site on Archived copyOpen the reference

Where it sits: section 10 of 24 in the Description of the agreement, 42% of the way through.

Set against a regulated standard: FCA (UK), CySEC (Cyprus)

Firms licensed by the FCA or CySEC must disclose costs and charges to a retail client before that client trades. This contract reserves the right to set an amount at any time and deduct it without telling the client first.

NYX is not licensed by these regulators, so this is a comparison of practice, not a finding of any breach.

NYX can rewrite the agreement by uploading a file

NYX can change any article of its agreement whenever it decides to, and the upload itself counts as your acceptance. A post on nyxbroker.com is treated as reaching you one hour later. That is how the 2,000 lot withdrawal rule reached every existing client.

Changing the rules1 clause flagged

NYX can change any article of the agreement whenever it decides to. Uploading the new file to its website counts as your acceptance of it.

Why this matters

A post on nyxbroker.com is treated as having reached you one hour after it goes up. You are bound by a version you have never opened.

Exhibit 9WarningRarely seen

The only duty of the company will be to upload new documents, notices and contracts on the company's website or its reporting dashboard. Uploading simultaneously on the site or dashboard for the customer means submission and acceptance of all new or amended rules of the contracts.
Clause Financial Tools in Description of the agreement
Read from the broker's site on Archived copyOpen the reference

Where it sits: section 2 of 24 in the Description of the agreement, near the start.

Our readingChanging terms on notice is ordinary. Treating the upload itself as the client's acceptance, with delivery deemed complete one hour later, is not.

  • Worse together with Exhibit 1The 2,000 lot rule arrived exactly this way: a new file uploaded in July 2026, accepted on sight by everyone who already had an account.

Exclusive jurisdiction in a country the agreement never names

The NYX agreement sends every dispute to the courts of the State of the Company and never says which state that is. The only place a country appears is the privacy policy, which puts NYX Markets Ltd in Istanbul. The same agreement asks a company client to declare it is not registered in Turkey.

Where you would sue1 clause flagged

Every dispute goes to the courts of the State of the Company, and the agreement never says which state that is. NYX's privacy policy puts the company in Istanbul.

Why this matters

You agree to sue in a country you have to look up on a different page. The same agreement asks a company client to declare it is not registered in Turkey.

Exhibit 12WarningRarely seen

This Agreement will be construed and construed in accordance with the Civil Code and the laws of the State of the Company.
Clause The competent authorities, 1 in Description of the agreement
Read from the broker's site on Archived copyOpen the reference

Buried at section 20 of 24 in the Description of the agreement, 83% of the way through.

Our readingA governing law clause normally names the law and the courts. This one defines both by reference to the company, whose country appears in no legal document NYX publishes.

NYX can re-demand your documents forever

NYX can ask you to prove any document again at any time, including after your account is closed, and take your access if you do not. Its privacy policy collects bank statements, card numbers and source of funds, and reserves the right to pass personal data to marketing partners. The agreement lets NYX disclose client information at its own discretion.

Documents and data1 clause flagged

NYX can ask you to prove any document again at any time, even after your account is closed. If you do not, it takes your access and settles the account by itself.

Why this matters

A fresh document request can land on the day you ask for your money. Your bank statements and card details can also be passed to NYX's marketing partners.

Exhibit 11WarningHarder than usual

In case of not filling in the information and documents requested by the client, the company has the right to unilaterally obtain the client's access to his account and will be allowed to immediately settle unilaterally with the client.
Clause Methods and conditions of transactions, 24 in Description of the agreement
Read from the broker's site on Archived copyOpen the reference

Where it sits: section 10 of 24 in the Description of the agreement, 42% of the way through.

NYX says your result does not matter to it, its contract disagrees

NYX answers no to the question of whether it profits from client losses, and says client positions offset each other. Its agreement then writes two withdrawal rules, one for accounts in profit and one for accounts in loss. It also caps what you can ask for at your deposit plus net trading result, and nothing else.

Whose side1 clause flagged

NYX says it does not profit from client losses. Its agreement then lets a losing account withdraw freely and holds a winning account to a trading target.

Why this matters

The only thing that moves you from one rule to the other is whether your account is up or down. That is the test the contract applies to your money.

Exhibit 10Warning

If the client obtains profit or loss from the negotiation, the client's secondary capital is: profit or loss after deducting the previous losses and adding the previous gains in addition to the initial amount charged by the client himself and no other amount. It cannot be requested by the client.
Clause Methods and conditions of transactions, 19 in Description of the agreement
Read from the broker's site on Archived copyOpen the reference

Where it sits: section 10 of 24 in the Description of the agreement, 42% of the way through.

  • Same clause as Exhibit 1One clause does both jobs: it sets the volume target and it sorts clients by whether they made money.

No regulator, no licence number and three company names

The NYX agreement names no company, no country and no regulator. The footer credits NYX Markets Ltd, the privacy policy adds NYXBroker Ltd and places the company in Istanbul, and the contract says NYX Broker Company. No compensation scheme is named anywhere, and NYX's risk warning says you can lose more than you deposit.

Who you contract with2 clauses flagged

The agreement names no company, no country and no regulator. The footer credits NYX Markets Ltd, the privacy policy adds NYXBroker Ltd, and the contract says NYX Broker Company.

Why this matters

You cannot tell which company holds your money or who supervises it. No compensation scheme is named, and NYX's own risk warning says you can lose more than you put in.

Exhibit 15WarningHarder than usual

NYXBroker Ltd. uses cookies to determine what services are more interesting for its clients
Clause Cookies in Privacy & Policy
Read from the broker's site on Open the reference
Set against a regulated standard: FCA (UK), CySEC (Cyprus), ESMA (EU)

Firms licensed by the FCA, CySEC or under ESMA rules must publish the legal entity and its licence number, must cap a retail client's loss at the account balance, and must belong to a compensation scheme. These documents name no entity in the contract, no regulator and no scheme.

NYX is not licensed by these regulators, so this is a comparison of practice, not a finding of any breach.

The registration page asks you to agree to a Privacy Policy. That link opens the money laundering page, the one that confiscates property.

Why this matters

You accept a confiscation clause while clicking something labelled privacy. NYX also runs copy trading and a partner programme with no published terms for either.

Exhibit 16Notice

The acceptance of the terms and the approval of the previous agreement by the client will be considered to accept all the documents presented and the agreements of the company
Clause Financial Tools in Description of the agreement
Read from the broker's site on Archived copyOpen the reference

Where it sits: section 2 of 24 in the Description of the agreement, near the start.

Where the marketing and the contract disagree

A promise made in public, set against the clause that governs it

01

The page says NYX has no right of set-off over client money, and the agreement applies every deposit to debts NYX says the client owes.

Said in public, in English

It also means that it is easily identifiable as client money, so NYX and its creditors don’t have any charge, liens, or rights of set-off or retention over it.

English page headed What NYX do with your money?

In the contract · clause Methods and conditions of transactions, 17

All customer deposits in any account and any type of currency and even digital currencies and electronic exchanges are used to settle the customer's previous debts with the company and the customer acknowledges and is aware of this problem.

02

The Persian page promises withdrawing profit is fast and easy, while the English agreement puts a 2,000 lot trading target in front of exactly that withdrawal.

Said in public, in Persian

در بروکر نیکس، فرآیند واریز و برداشت به گونه‌ای طراحی شده است که سریع، امن و آسان باشد. شما می‌توانید از روش‌های مختلفی برای واریز وجه به حساب معاملاتی خود و همچنین برداشت سود استفاده کنید.

Word for word in English: At NYX Broker, the deposit and withdrawal process is designed to be fast, secure and easy. You can use various methods to deposit money into your trading account and also to withdraw profit.

Persian deposit and withdrawal page

In the contract · clause Methods and conditions of transactions, 35

but if the transactions result in a profit (benefit) in the account, the minimum volume of transactions per 100 thousand US is (2000 LOT) will be the standard trading lot.

03

The published fee table caps the withdrawal commission at 8%, and the agreement allows up to 15% of the total deposit on the same event.

Said in public, in English

Withdraw Commission: 6~8%

Bank transfer row of the English payment methods table

In the contract · clause Methods and conditions of transactions, 35

in case of a withdrawal request from the client, the broker will be obliged to withdraw the relevant commission (maximum 15% of the total deposit).

04

NYX says client results are nothing to it, and its withdrawal rule sorts clients by whether they lost money or made it.

Said in public, in English

However, we do not typically profit from the trading losses of unsuccessful clients.

English page headed How does NYX make money?

In the contract · clause Methods and conditions of transactions, 35

If after the transactions, the balance of the account in question loses up to 75% of the total balance, the customer (user) will be able to withdraw all or part of the balance without any restrictions

05

The footer rules out residents of Turkey, and the cash funding row prices deposits in Turkish lira at a local office.

Said in public, in English

Regional restrictions: NYX Broker brand does not provide services to residents of the USA, UEA, Turkey.

Footer of every English page

In the contract · clause Payment methods table, Cash row currency

Pound, USD, EUR, TL

06

The Persian page tells the reader to study the rules, hands over an English only file, and that file refuses any later objection based on language.

Said in public, in Persian

همواره آخرین تغییرات شرایط و قوانین عمومی را مطالعه بفرمایید.

Word for word in English: Always read the latest changes to the terms and general rules.

Persian terms page, which links the English PDF

We took a picture of this page. It is shown once, with the finding it belongs to. See our capture of nyxbroker.com

In the contract · clause For real customers, 6

After concluding the contract, the client cannot object based on cases such as not knowing or not understanding the terms of the contract (due to language proficiency or lack of legal information and other cases).

What changed quietly

First review of NYX, so no earlier review exists for comparison. NYX did replace its agreement in July 2026, and the finding on the 2,000 lot rule shows what changed in it.

  • REWRITTENClause Methods and conditions of transactions, 35 · 2024-04 to 2026-07

    The trading volume a profitable account must produce before it can withdraw went from 800 lots to 2,000 lots per $100,000, and it is the only wording in the 14 page file that changed.

    but if the transactions result in a profit (benefit) in the account, the minimum volume of transactions per 100 thousand US is (2000 LOT) will be the standard trading lot.
  • REWRITTENClause · 2024-04-17 to 2026-07-23

    The terms page reads word for word as it did in January 2026, and the download link behind it now hands you a different file.

    https://nyxbroker.com/wp-content/uploads/2026/07/Description-of-the-agreement.pdf

The documents this reading is based on

6 files, all published by NYX. Each shows when we read it and a fingerprint of its wording.

WIKILIX keeps the copy of each file it read, and does not republish it: what is published is the fingerprint of its wording. Download the file yourself and hash its text, lowercased with runs of whitespace collapsed, and a matching fingerprint means the wording quoted above is still the wording NYX publishes.

How this reading was done

Every clause above was read out of a document NYX publishes itself

This reading was published on .

Documents
6 of 6downloaded from the broker's site, and 6 read in full
Pages opened
70pages walked to find those documents, footer links included
Older copies
2earlier versions downloaded
Marketing pages
11public pages set against what the contract says
Languages
EN vs FAthe language it advertises in, against the language it contracts in
Position measured
12clauses whose position was counted: which numbered section of the document holds them, out of how many

Who the contract is with

NYX Markets Ltd

NYX Markets Ltd appears in the website footer and in the privacy policy, which says it is an international company registered in Istanbul, Turkey. The agreement itself names no company, no registration number and no address: it says NYX Broker Company, the company, and the first party. The privacy policy also uses a third name, NYXBroker Ltd. No regulator or licence number appears in any document NYX publishes.

Quotations are copied verbatim from the documents named above, with the clause number and the page each one came from. Where a clause is quoted in another language, the original is shown first and the English is a translation.

The plain-language parts, what a clause means for a client, how ordinary it is, and how it reads against a regulated standard, are WIKILIX's analysis and are labelled as such on every card. This is a reading of public documents, not legal advice and not an allegation of wrongdoing.

In fairness, and what we could not check

A reader who knows the edges of the work can trust the middle of it

NYX publishes a fee table, and many brokers do not. The payment page gives the minimum, the deposit commission, the withdrawal commission and the processing time for every funding method. Its risk warning says that you could lose more than your initial investment. The agreement is one file, free to download, with no login and no form to fill in. One clause runs your way: a debt between you and NYX has to be settled within ten days of being calculated.

This review covers the agreement in full, in the copy NYX publishes today and in the earlier copy from May 2025. The terms page carries no text of its own: it is a download link to that single file, and the Persian, Spanish and Russian terms pages all hand over the same English PDF. NYX's site also has three legal pages that the footer does not link: the privacy policy, the risk warning and the anti-money laundering agreement. The review covers all three. NYX publishes no copy trading agreement, no partner agreement, no bonus terms and no order execution policy, and its privacy policy points to a document called TERMS OF PERSONAL DATA PROCESSING that the site does not publish. The review compares the English, Persian and Spanish money pages and looks at the Russian and Arabic sites, but does not cover every page in Russian or Arabic.

How to check any of this yourself

Every quote above links to the NYX file it came from. This is what to do with it.

Open the three stepsFind the words in the source, work out the fingerprint, and read what a difference does and does not prove.

Open the source and search for the words

Every quote has a link under it. Open the file, or the web page, and search it for the words we quote. The clause number next to the quote tells you where to look.

If the words are not there any more, the source may have changed after we read it. That is worth knowing too. We keep the date we read it, and a code worked out from its wording, so the quote stays checkable.

What a fingerprint is

A fingerprint is a code worked out from what a source says. Change one word and the code changes completely. We keep two codes for every file we read, and the panel on each source shows both.

The first is the code of the exact file we downloaded. The second is the code of its wording alone, with capital letters lowered and runs of spaces collapsed. When the same words are saved as a new file, the first code changes and the second one stays the same.

Only the first code can be worked out on your own computer. Save the file, then run one of these, putting the name of the file you saved where the example is. The panel on each source prints the command with that source's real file name already in it.

macOS or Linux:
  shasum -a 256 the-file-you-saved.pdf

Windows:
  certutil -hashfile the-file-you-saved.pdf SHA256

The two codes are different from each other, and they are not meant to match. Comparing one against the other proves nothing.

What a difference means, and what it does not

A different file code on its own proves nothing. A PDF saved again with a new date inside it is a new file saying exactly the same thing.

A different wording code means the words themselves changed. That is the one that matters, and it is why we keep it.

Even then, a change is not proof of bad faith. Companies update their documents. What this report says is what the document said on the day we read it, and every quote carries that date.

A source that is a web page and not a file has no file to save, so only the code of its wording is shown.

How this report is made

Every clause quoted above comes from a document NYX publishes on its own website, downloaded and hashed on the date shown, with the clause number and page recorded so any reader can check it. We do not allege anything the documents do not say, and we do not judge NYX on anything other than its own published terms and its own public marketing. Where a clause has a qualifier that softens it, the report says so. Last read Oct 7, 2026.

If you represent NYX and a clause has changed, been withdrawn, or is being read out of context, tell us and we will re-read the documents and update this page. Corrections from the broker are welcome and are published with the reading they change. Contact us.

This is a reading of a contract, not legal advice and not a ruling on NYX. Whether its licence is real and current is a separate check on the broker profile.

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