Nexongroups.com – Broker Review

Nexongroups.com

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Nexongroups.com

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Nexongroups.com is a forex and CFD broker that claims to offer a wide range of trading instruments, including currency pairs, indices, commodities, stocks, and cryptocurrencies. The broker also claims to provide competitive spreads, fast execution, and various account types to suit different trading styles and preferences. However, before you decide to invest with this broker, there are some red flags that you should be aware of.

First of all, Nexongroups.com is not regulated by any reputable authority, such as the FCA in the UK, the ASIC in Australia, or the CySEC in Cyprus. This means that the broker is operating without a license and without any oversight from the regulators. This exposes you to a high risk of losing your money or being scammed by the broker. There is no guarantee that the broker will keep your funds in segregated accounts, protect your personal information, or honor your withdrawal requests.

Secondly, Nexongroups.com has a very poor reputation among online traders and reviewers. There are numerous complaints and negative feedback about the broker on various forums and websites. Some of the common issues reported by the clients include delayed or denied withdrawals, hidden fees and charges, aggressive and misleading marketing tactics, and unprofessional customer support. The broker has also been accused of manipulating the trading platform and the market prices to make the clients lose their trades.

Thirdly, Nexongroups.com does not provide enough information about its trading conditions and policies on its website. The broker does not disclose the minimum deposit requirement, the leverage ratio, the commission structure, or the withdrawal methods and fees. The broker also does not offer any demo account or educational resources for its clients. The lack of transparency and clarity is another sign of a shady and unreliable broker.

Therefore, based on our research and analysis, we do not recommend Nexongroups.com as a trustworthy and legitimate broker. We advise you to avoid this broker and look for a regulated and reputable one instead. You should always do your due diligence before investing your money with any online broker.

What to Do If You’ve Lost Money with Nexongroups.com?

If you have been scammed by Nexongroups.com or any other broker, you’ll want to seek assistance from brokercomplaintregistry.com immediately. Our experts will consult with you and bolster your claim to help you get your money back. Brokercomplaintregistry.com is a leader in recovering your funds and will help you retrieve your funds from a broker scam.