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

In this section we will tell you why You should NOT invest in NYXtrade. We analyze the website, we observe every detail and we 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…

A pocas palabras WE DO NOT RECOMMEND IT. Below we will show you essential information about NYXtrade and we will tell you why we reached such a conclusion:

Basic Information

🌐 Websitenyxtrade.co
🏠 Company*Apricus Group LLC
RegulatoryNot regulated
📧 Emailcontact from the website
📈 LeadingWeb trader
📌 DirectionSt. Vincent and the Grenadines

⚠️ NYXtrade is owned by Apricus Group LLC, the company is located in Saint Vincent and the Grenadines, a potentially dangerous tax haven for its clients due to its lack of regulation and lack of seriousness. Clients are unprotected. The company is located in a very unsafe place, be careful. ⚠️

Account types

Now we will analyze the types of accounts offered by NYXtrade, in this case, we observe that it offers 4 different types of accounts:

Account typeMinimum initial deposit
Basic$250
Advanced$2.000
Islamic$3.500
Premium$25.000

Information on the web

NYXtrade website

NYXtrade provides a basic explanation of the financial products it offers, market news and analysis, economic calendar, asset calculator, live charts, really not much more than this.

List of phone numbers

At the moment we have not found phone numbers.

🚫 NYXtrade Final Valuation 🚫

Finally, and in a few words, our recommendation is: DO NOT INVEST WITH NYXtrade.

As we mentioned before, it is a financial company located in a place where you will not have protection from the law in case of being harmed, that is, you will not be able to claim anyone if an unfortunate event occurs such as the sudden loss of your funds or the closure of the company.

In case of problems, it is most likely that the authorities of your country will not be able to do anything. As a client of this company you are unprotected!

Investing with unregulated brokers or brokers based in such countries is very risky. It is best to invest with a regulated broker, based in a serious country.

Updates

News about NYXtrade:

Date Update – news
February 2022They mention that they are regulated and that they work jointly with the CNMV, this information is false.
The company claims to be located in the United States, this information is false.

User Reviews

[democracy id = ”5686 ″]

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

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


How to Claim Money Scammed by NYXtrade

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 NYXtrade

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

How can I report NYXtrade?

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 NYXtrade a scam – is it a scam?

Yes. We believe that NYXtrade is Scam. We have received messages from clients who mention not being able to withdraw their capital, this added to other very negative characteristics of the company.

Is NYXtrade trustworthy?

No. NYXtrade is not trustworthy, it is a very unsafe company: 1) is based in unsafe countries, 2) has a very bad reputation 3) has a lot of complaints 4) It is a relatively new broker without seniority. These characteristics make the company very unreliable.

How to recover money from NYXtrade?

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.

Are there (recommended) alternatives to NYXtrade?

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

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.

4 comments on «Is NYXtrade a scam? 2023 Reviews»

  1. Wines Reply

    Good morning everyone!
    First of all tell you that I have been a "client" of NYXTRADE and scammed by this mafia.
    DO NOT PUT A CENT TO THIS PLATFORM! SCAM SCAM SCAM

    It all started by entering the minimum amount of $250, after the day an agent contacts you posing as your "TRADE" and there it all begins.
    From the first moment it starts to eat your head that if it is going to generate a lot of money, that you are going to hallucinate, that it is going to teach you a lot and that you trust it is them 100% of course. ALL LIES!
    They call you every 2 days if they see that you are introducing more money into the platform and if not, they will leave you aside and call you every week or every 15 days, it depends. I had 2 different trade people, one with an edge role and arrogant and another super nice and friendly (A whole role of actresses).
    Little by little they are generating money (about $150 per week in my case, a few more weeks) but all these operations turn out to be manipulated (that is, false) since they have control over the entire web page and are capable of manipulating any data ( I have screenshots as proof) and when I say any data is EVERYTHING EVERYTHING. OF THIS manipulation I realized it the last days as a client when a situation happened in which they were desperate for me to make a payment for an event and there it was when they were seen ALL THE DUSTER.
    They modified operations that I had in negative (I had those operations controlled and some of previous weeks) and they put them in positive the next day. All seen with my own eyes and with screenshots as proof. INCREDIBLE the shit what they did.
    After all this I decided to get my money, which to this day I'm still waiting for (after weeks) and I still don't have an answer and I won't.

    They are expert people in deceit. Bad people who take advantage of good people and the little money they have.
    After all this story, they call me daily with threats, they speak to you badly and when you ask them for their company information, such as a simple contact telephone number or company number or to speak to the manager, they refuse.
    All this has been denounced and I hope they close the beach bar soon.

    Before depositing money keep in mind that it is a company located in a tax haven (Caribbean islands) without being regulated, without customer service, without CIF and they manage it from London although when you enter the money it turns out that it goes to a company Romania that is a cover.
    I do not want to continue giving more information about my case because if they read this review they will end up polishing their mistakes and they will continue to scam many more people.
    Please do not trust your money to this company, I beg you.
    SCAM SCAM SCAM SCAM SCAM.

    I hope this review will help you.
    Greetings to all those good people.

    • Recommended-brokers.com Reply

      Hi Vini, EXCELLENT EXPLANATION, IT WILL BE VERY USEFUL FOR OUR USERS!!! Thanks for writing about NYXtrade. Currently this broker is considered a SCAM.

      If you are a client, do not make more contributions, their only objective is to steal from you, they manipulate operations manually, they keep the money from when it reaches their accounts, it does not enter the market, everything is prepared for you to lose or make you lose your money to have the excuse to keep it.

      If you decide to withdraw and they request a ransom in the form of commissions, taxes, fees, legalizations, etc. Never pay it! That's the warning, from that moment you have to know that you are a client of a scam broker and no matter how much you pay you will never see your money.

      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 check the form in this link: CLAIM YOUR MONEY

      Greetings.

  2. ANONIMO Reply

    The platform doesn't work, I want to get my money from there!

    • Recommended-brokers.com Reply

      Hello ANONYMOUS, thanks for writing about NYXtrade. Currently this broker is considered a SCAM.

      If you are a client, do not make more contributions, their only objective is to steal from you, they manipulate operations manually, they keep the money from when it reaches their accounts, it does not enter the market, everything is prepared for you to lose or make you lose your money to have the excuse to keep it.

      If you decide to withdraw and they request a ransom in the form of commissions, taxes, fees, legalizations, etc. Never pay it! That's the warning, from that moment you have to know that you are a client of a scam broker and no matter how much you pay you will never see your money.

      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 check the form in this link: CLAIM YOUR MONEY

      Greetings.

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