✔️ Information reviewed and updated in July 2024 by Pedro Martínez González

In this section we will tell you if we consider that the company NEXOTRADES is a safe company or an unreliable company. Read our full analysis to find out everything!

We analyze the website, observe every detail and examine the main characteristics that are taken into account when choosing a good broker such as the location, the company to which it belongs, its regulation, its reputation...

Below we will show you essential information about NEXOTRADES and we will tell you why we reached such a conclusion:

Basic Information

🌐 Websitenexotrades.com
🏠 CompanyDoes not mention it
RegulatoryNot regulated
📧 Email[email protected]
📈 PlataformOwn platform
📌 AddressUnknown
🕑 Website ageWebsite registered on: July 26, 2023
Company typeCryptocurrency, CFDs, Forex, Stocks and Commodities Broker

Company: NEXOTRADES does not mention which company it belongs to. Be very careful, we noticed a clear lack of transparency.

Location: NEXOTRADES does not mention where it is located, trusting a company that does not mention where it is located is very dangerous, please be careful.

We can already tell you that we are concerned about several characteristics of this company.

What is NEXOTRADES?

After having carried out an analysis of the company's website, we can say that NEXOTRADES is a: cryptocurrency, cfds, forex and commodities broker.

Account types

The company does not provide information about having different types of accounts.

Information on the web

Nexo Trades Website

Here we show you a screenshot of the NEXOTRADES website, which is nexotrades.com. The capture was made in JANUARY 2024.

Contact: phone numbers and email

After having performed an analysis of the website:

– We have found the following email: [email protected]

Regulation of NEXOTRADES

We have analyzed in depth the current ⚖️ regulatory situation ⚖️ in which this company finds itself and we have reached the following conclusion:

The broker presents us with a very worrying situation; he mentions absolutely nothing about regulating it. What does this make us think? We are talking about an unregulated broker. What does it mean? This means that the broker's clients and all their money are without any type of protection. That is to say, if the broker has bad intentions, most likely you will not be able to do anything to recover your money. Please be very careful with these types of companies. Think carefully before sending money, you are sending it to a company without any type of regulation or protection!

🚫 Final valuation of NEXOTRADES 🚫

The situation with NEXOTRADES is not only worrying, but represents a clear warning sign. Lack of registration, use of fake licenses, and lack of information about your actual location create an environment conducive to deceptive practices. The absence of regulation is another serious indicator, as it leaves investors without essential protections.

The lack of genuine information, including the omission of official registration data, reflects a complete lack of transparency. The fact that NEXOTRADES has been reported by the financial regulator CySEC aggravates the situation, suggesting unethical or even fraudulent practices.

The recommendation is clear: it is better to stay away from NEXOTRADES. The presence of fake licenses, the lack of regulation and the complaint by the financial regulator are sufficient reasons to consider this option as a potential scam. Protecting your capital and financial well-being is essential, and trusting a broker with these warning signs could have serious consequences. Instead of taking risks, look for safer and more reliable options in the market for your investment activities.

Updates

News about NEXOTRADES:

Date Update – news
December 2023Complaint against NEXOTRADES financial regulator CySEC

We note that the company already has complaints from financial regulators. Please be very careful!

User Reviews

[democracy id = ”9177 ″]

What is your opinion? We invite you to collaborate with us and vote. You can also leave a comment about your experience with NEXOTRADES.

At the end of the review you will find customer comments.


How to Claim Money Scammed by NEXOTRADES

If what you want is to know how to claim your capital, if you have been scammed, further down in the FAQ section you can find our advice.

How to Report NEXOTRADES

If you feel dissatisfied with the service provided by the company, and for some reason you want to report it, below, in the FAQ section, you can find the best way to report this company.

FAQs

Are there (recommended) alternatives to NEXOTRADES?

Yes, of course there are better and safer options! You can see here the brokers we recommend: ranking of the best brokers.

How can I report NEXOTRADES?

This depends on where you are, you should go to the financial regulator in your country. Write us a comment on this review and we will help you.

Is NEXOTRADES trustworthy?

No, NEXOTRADES is not trustworthy, it is a very unsafe company: 1) we do not know its true location 2) it is not regulated by any responsible authority 3) the website is relatively new, which shows a lack of experience 4) it has warnings for part of financial regulators

How to recover money from NEXOTRADES?

If you want to know how to recover your capital, you can see it here. We explain in detail the process of recovering money from a scam company, step by step.

About the Author: Pedro Martinez Gonzalez

I'll tell you a little about myself! I am a financial analyst and economist with a master's degree in finance.
About my studies: I studied at the University of Salamanca for a Degree in Economics and then did a Master's in Finance in Madrid.
Do you want more information? You can read more about me here in my biography.

2 comments on «NEXOTRADES: OPINION AND COMMENTS – IS IT A SCAM?»

  1. Valentine Reply

    This company does not pay. I assure you, they didn't let me withdraw, don't do it, you'll thank me later. Greetings.

    • Recommended-brokers.com Reply

      Hello Valen, thank you for writing about NEXOTRADES. Currently this broker is considered a SCAM.

      If you are a client, do not invest more money, their only objective is to steal from you, they manipulate operations manually and keep the money from the moment it reaches their accounts, it never enters the market, everything is prepared so that they make you lose your money to have the excuse of keeping it.

      If you decide to withdraw and they ask you for a ransom in the form of commissions, taxes, fees, legalizations, etc. Never pay it!, that is the alert, from that moment you have to know that you are a client of a scam broker and even if you pay they will never return it to you.

      To help other users or customers, provide as much information as possible, explain how everything happened, where you saw the advertising, who called you, numbers from which you were dialed, emails and everything that comes to mind.

      If you want to recover your money go to our chat or fill out the form in this link: CLAIM YOUR MONEY

      Greetings.

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