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Do You Want to Know If NYX Trade Is Legitimate or a Scam Broker?
NYXTrade’s website is okay, but it has a lot of verbiage that makes no sense. We see weird phrases such as “Benefit from our Innovative culture.” Whatever that means. When we tried to check names, identities, terms, and conditions, we found these categories were only at the bottom of the home page, and nothing happened when we clicked on them. This doesn’t seem to be just a technical error, though. We’ve found other ways NYX Trade is evasive.
There Are Some Problems with NYX Trade
The site is all hype and no proof of anything. No names of who runs it, no stated rules, and no information about licensing. NYX Trade doesn’t use MetaTrader, but a web-based platform that can be easily manipulated by the broker. Leverage his high for higher-end accounts and people are bribed for taking these accounts with fake bonuses. Scam brokers use bonuses as a lure to get people to deposit as much money as possible. However, the terms of the bonuses limit withdrawal rights.
Red Flags that NYX Trade Could Be a Scam Broker
- No license
- Flagged by CNMV
- No transparency
- Misleading statements
- Bad reviews
If You Need Fund Recovery from NYX Trade, Talk to Us
We create these reviews to warn consumers about brokers and schemes that may be fraudulent. If you have an account with this broker close it and request a withdrawal. If you are not given your money back, contact Broker Complaint Registry right away. We will consult with you, work to track down your funds and create investigative reports, and will assist with fund recovery efforts.