Impersonation of Nexo Australia Pty Ltd (nexo.nom.co) has been flagged by Australian Securities and Investments Commission for "Registered/Licensed entity impersonators". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
Impersonation of Nexo Australia Pty Ltd (nexo.nom.co) changed their fee structure with one month notice. What was a flat fee became a percentage. For my account size it meant a huge increase. When I objected they said I could leave. So I am leaving and writing this review.
Pros: Educational resources|Smooth onboarding|Social trading features
Cons: Slow to add new assets|Limited demo account features
Impersonation of Nexo Australia Pty Ltd (nexo.nom.co) had an outage that lasted several hours during a major market event. Not only did they fail to prevent it, but they also failed to communicate what was happening. We were left in the dark while our investments were at risk.
Pros: Real-time alerts|Fast support response|Fast deposits
Cons: Minimum deposit could be lower
I want to warn everyone about Impersonation of Nexo Australia Pty Ltd (nexo.nom.co). They have been flagged by Australian Securities and Investments Commission as an unauthorized entity. I wish I had checked before investing. They use high-pressure sales tactics and fake testimonials. Once you send money, getting it back is nearly impossible.
Pros: Initially responsive customer service
Cons: No regulatory oversight|Money disappeared|Fake testimonials
For anyone considering Impersonation of Nexo Australia Pty Ltd (nexo.nom.co), please be aware that this company has been flagged by Australian Securities and Investments Commission. This does not necessarily mean they are a scam, but it does mean they may not be authorized to operate in certain jurisdictions. I strongly recommend checking the official regulator website before making any investment decisions.
Cons: Appears in regulatory warnings database|Uncertain regulatory status
I experienced a security concern with my Impersonation of Nexo Australia Pty Ltd (nexo.nom.co) account and reported it immediately. Their response time was inexcusable for a financial platform. It took them four days to acknowledge my report and another week to actually address it.
Pros: Good analytical tools|Instant funding|Easy withdrawals|Low minimum deposit
Cons: No integrated tax optimization
Their two-factor authentication was optional when I joined. I enabled it. Later I lost my phone and could not log in. Impersonation of Nexo Australia Pty Ltd (nexo.nom.co) recovery process took 3 weeks and required notarized documents. By then I had missed important trades. Their security is your inconvenience.
Pros: Detailed reporting|Good analytical tools
Cons: Help articles are sometimes vague|None so far
Impersonation of Nexo Australia Pty Ltd (nexo.nom.co) locked my account without warning and demanded documents I had already submitted. for close to eighteen months later I still do not have access to my funds. Their compliance team does not respond to emails. I am considering legal action.
Pros: Smooth onboarding|High security standards|Economic calendar
Cons: Wish they had more educational resources
After seeing ads for Impersonation of Nexo Australia Pty Ltd (nexo.nom.co) online, I investigated. The company is listed in the IOSCO I-SCAN warnings database and has been flagged by Australian Securities and Investments Commission. Their website looks professional but that means nothing - many scam operations invest heavily in appearance. Always check the regulatory warnings before investing.
Cons: Not registered with regulators|Unrealistic promises