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Operating status: SCAM
Website: https://nextonbid.com/

The British Columbia Securities Commission (BCSC) issued a warning against Nextonbid on March 22, 2023, revealing that Nextonbid is not registered to trade in, or advise on, securities or derivatives in BC: https://www.bcsc.bc.ca/enforcement/early-intervention/investment-caution-list/2023/nextonbid
Nextonbid claims to be the trade name of Reddy Keddy Limited, a company located in London. As per applicable rules and laws, financial entities in the UK shall be authorized by the Financial Conduct Authority (FCA). However, our search for this broker in the registry of FCA did not yield any results. In addition, the British Columbia Securities Commission (BCSC) issued a warning against Nextonbid, revealing that Nextonbid is not registered to trade in, or advise on, securities or derivatives in BC.
The truth is, Nextonbid is not regulated by any regulators. Letting this broker hold or control investors' money is unsafe, and the money can not be protected by any laws. Therefore, it is a scam.
On June 5, 2023, the Belgian Financial Services and Markets Authority (FSMA) added Nextonbid to its warning list as a fraudulent trading platform: https://www.fsma.be/en/warnings/beware-these-new-fraudulent-trading-platforms-0
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