Abstract: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.
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.
In recent years, the Middle East has emerged as a dynamic Forex trading hub, fueled by the region's growing economy, technological advancements, and increasing investor sophistication. This article explores the legality of Forex trading in key Middle Eastern countries.
eToro strengthens its Australian market presence with the $80M AUD acquisition of Spaceship, expanding its long-term savings and superannuation offerings.
OANDA Japan Inc., a subsidiary of the global online broker OANDA Corporation, has announced the termination of its Tokyo Server MT4 Discretionary Plan. The broker has notified its clients that the plan will no longer be available after December 13, 2024, marking a shift in the company's services for clients using the MetaTrader 4 (MT4) platform in Japan.
In the midst of the 2021 crypto and NFT boom, celebrities flocked to the burgeoning market of digital assets, promoting Non-Fungible Tokens (NFTs) as the next big thing. Fast forward to 2024, the glitter has faded, and many celebrity-endorsed NFTs have lost their allure. The question remains: what happened to celebrities’ NFTs, and why should this serve as a stark reminder for everyday investors?