Score

1.46 /10
Danger

NexaMarkets

South Africa

2-5 years

Regulated in South Africa

Financial Service Corporate

Suspicious Scope of Business

Suspicious Overrun

High potential risk

D

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Score

Regulatory Index3.51

Business Index6.58

Risk Management Index0.00

Software Index4.00

License Index0.00

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Website

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Broker Information

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Company Name

NettForexx (PTY) LTD

Company Abbreviation

NexaMarkets

Platform registered country and region

South Africa

Company website

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away! 2
Previous Detection : 2024-12-22
  • The number of this brokers's negative field survey reviews has reached 1. Please be aware of the risk and the potential scam!
  • This broker exceeds the business scope regulated by South Africa FSCA(license number: 50655)National Futures Association-UNFX Non-Forex License. Please be aware of the risk!

WikiFX Verification

NexaMarkets · Company summary

Due to the temporary inaccessibility of NexaMarketss website (hhttps://alpforex.com/), we could only piece together a rudimentary picture of it as a forex broker by obtaining pertinent information from other websites.

General Information

NexaMarkets is a forex broker registered in South Africa, allegedly offering its clients various trading instruments.

NexaMarkets

When it comes to regulation, NexaMarkets is not officially governed by any regulatory authorities, it holds a license of Financial Service Corporate authorized by the Financial Sector Conduct Authority in South Africa. Evidently, it is not authorized to engage in foreign exchange trading with this types of license. Besides, it only got a score of 1.28 out of 10 overall. Don't be oblivious to the potential danger.

WikiFX

WikiFX Field Survey

WikiFX survey team went to South Africa to visit the foreign exchange dealer NexaMarkets, with its address listed as: 17 MIDAS AVENUE, OLYMPUS PRETORIA 0081.

According to the information provided by the regulatory body, the survey team traveled to the dealer's office. That's because there aren't any commercial establishments here; it's a residential area only. There are a lot of cars and the air is polluted.

WikiFX

Investigators discovered nothing here. It was little more than an overgrown clearing. Investigators have determined that NexaMarkets does not have a local office.

Please note that this content is provided just for informational purposes and should not be used as a basis for making a decision.

Trading Platform

What NexaMarkets offers is the industry-leading MT4 trading platform, among the most popular one in the world, featuring wide range of technical indicators, powerful charting tools, as well as EA supported.

Customer Support

As an unregulated forex broker, NexaMarkets can be only contacted through the following channels:

Email: support@nexamarkets.com

Telephone: +447441426209

Risk Warning

There is a considerable degree of risk involved with online trading of leveraged Forex and CFD instruments, and as a result, it may not be appropriate for all investors.

Please keep in mind that the data presented in this article is meant to serve as a guideline only.

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荣辱不惊4111
more than one year
The company NexaMarkets has fake regulatory licenses, and the declared address has no actual office. It is highly possible that it's a scammer! Please do not invest here or you may regret it.
The company NexaMarkets has fake regulatory licenses, and the declared address has no actual office. It is highly possible that it's a scammer! Please do not invest here or you may regret it.
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2023-03-01 16:03
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