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Score
South Africa
2-5 yearsRegulated in South Africa
Financial Service Corporate
Suspicious Scope of Business
Suspicious Overrun
High potential risk
Influence
Add brokers
Comparison
Expose
Exposure
Score
Regulatory Index3.51
Business Index6.58
Risk Management Index0.00
Software Index4.00
License Index0.00
Single Core
1G
40G
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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
Expose
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.
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 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.
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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