English
Sign In

NuxTrade

Operating status: SCAM

Website: https://nuxtrade.com/

Broker violations and abnormal records
  • Apr 03, 2023 The UK regulator FCA issued a warning against NuxTrade

    The Financial Conduct Authority (FCA) issued a warning against NuxTrade on April 4, 2023, believing this broker might be providing financial services or products in the UK without authorization: https://www.fca.org.uk/news/warnings/nux-trade

    The Financial Conduct Authority (FCA) issued a warning against NuxTrade on April 4, 2023, believing this broker might be providing financial services or products in the UK without authorization: https://www.fca.org.uk/news/warnings/nux-trade
  • Apr 09, 2023 BrokersView has reviewed that NuxTrade is an unregulated broker

    NuxTrade claims to be incorporated in St. Vincent and the Grenadines. However, our search for this company in the Financial Services Authority of St. Vincent and the Grenadines (SVG FSA) registry did not yield any results. That means what NuxTrade claims is a false statement to unsuspecting investors. This broker provides no further details about its regulatory status, which is another red flag, as legitimate ones always prominently display their accreditation and licenses. In addition, the Financial Conduct Authority (FCA) has issued a warning against NuxTrade for illegally offering financial services or products in the UK without proper authorization.

    In essence, NuxTrade is not regulated by any regulatory body. Entrusting this broker with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. It is unequivocally a scam.

    NuxTrade claims to be incorporated in St. Vincent and the Grenadines. However, our search for this company in the Financial Services Authority of St. Vincent and the Grenadines (SVG FSA) registry did not yield any results. That means what NuxTrade claims is a false statement to unsuspecting investors. This broker provides no further details about its regulatory status, which is another red flag, as legitimate ones always prominently display their accreditation and licenses. In addition, the Financial Conduct Authority (FCA) has issued a warning against NuxTrade for illegally offering financial services or products in the UK without proper authorization.In essence, NuxTrade is not regulated by any regulatory body. Entrusting this broker with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. It is unequivocally a scam.

Reviews

Be the first to review.
Rate and Review

Your review

App Store

Google Play

Company Shop Application About Us Our Methodology Privacy Policy Contact Us

Risk Warning:

FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.

Disclaimer:

The data contained in this website may not be real-time and accurate. The data and prices on this site are not necessarily provided by the market or exchange, but may be provided by market makers, so prices may be inaccurate and differ from actual market prices. Namely, this price is indicative price only to reflect market trend, and is unfavorable for trading purpose. The provider of the data contained in the Website shall not be liable for any loss incurred by you as a result of your trading activities or reliance on the information contained in the Website.