NexGen Finance (nexgenfinance.pro) has been flagged by ASIC (Australia) for "Unlicensed". Financial Conduct Authority UK: https://www.fca.org.uk/news/warnings/nexgenfinancepro-clone-fca-authorised-appointed-representative#:~:text=nexgenfinance.pro%20(Clone%20of%20FCA%20Authorised%20Appointed%20Representative),-Warnings%20First%20published&text=Fraudsters%20copy%20the%20details%20of,de... This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: nexgenfinance.pro.
I am in a dispute with NexGen Finance (nexgenfinance.pro) over a trade that was clearly erroneous. The price shown was wrong, I closed at a profit, and they reversed the trade and took the money back. They said it was a system error. So I lose and they keep? Unacceptable.
Pros: Customizable dashboard|Real-time alerts|Market news feed
Cons: None so far|No integrated tax optimization
I gave NexGen Finance (nexgenfinance.pro) a fair chance. After for about five months of usage, I can say with confidence that there are far better options available. The interface is clunky, the fees are higher than competitors, and the customer support team seems overwhelmed or understaffed.
Pros: Excellent charting|Customizable dashboard|Economic calendar|Clear documentation
Cons: Search feature is basic|Help articles are sometimes vague
KYC with NexGen Finance (nexgenfinance.pro) is a nightmare. I submitted my ID and proof of address. They rejected it and asked for a utility bill. I sent it. They asked for a bank statement. Then they asked for a selfie with the ID. Then they said the selfie did not match. I gave up.
Pros: Tax reports included|Clear documentation|Market news feed
Cons: Spreads widen during volatile periods
I signed up with NexGen Finance (nexgenfinance.pro) after seeing their ad online and the first red flag was the aggressive account manager who would not stop calling. After depositing, the promised support vanished. Withdrawals are delayed with endless excuses. I have reported them to the regulator.
Pros: Good analytical tools|Customizable dashboard|No hidden fees
Cons: Desktop app not available on Linux|Spreads widen during volatile periods
The platform at NexGen Finance (nexgenfinance.pro) is riddled with bugs. Charts display incorrect data, order confirmations sometimes fail silently, and the portfolio tracker disagrees with actual positions. After since I opened my account last year of dealing with this, I have had enough.
Pros: Risk management tools|Transparent fees|High security standards|Copy trading available
Cons: Limited cryptocurrency options|No fractional shares
NexGen Finance (nexgenfinance.pro) 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: Dedicated account manager|Intuitive for beginners|Clear documentation
Cons: No integrated tax optimization
My card was charged twice by NexGen Finance (nexgenfinance.pro) on the same day. I had to dispute it with my bank. NexGen Finance (nexgenfinance.pro) then froze my account and said I had a negative balance because of the chargeback. They created the problem and then punished me for it.
Pros: Multi-currency support|Fast support response
Cons: Limited social trading features
I had high hopes for NexGen Finance (nexgenfinance.pro) when my bank disappointed me and I searched for alternatives, but my experience has been disappointing. Customer support is slow, the platform has frequent issues, and their fee structure is not as transparent as advertised. I am actively looking for alternatives now.
Pros: Professional team|Great customer service
Cons: Mobile app could be improved|Wish they had more educational resources
Do not believe the bonus offer from NexGen Finance (nexgenfinance.pro). The turnover requirement is designed so you can never withdraw. I learned the hard way. I deposited after a family member had a good experience and the bonus terms were buried in pages of small print. My fault for not reading but their design is predatory.
Pros: Automated trading options|Fast support response
Cons: Help articles are sometimes vague
Opened my account with NexGen Finance (nexgenfinance.pro) from a blog post comparing services and regretted it within the first month. The platform crashed during a critical moment, I lost potential gains, and support basically told me it was not their problem. Absolutely unacceptable behavior.
Pros: Quick verification|Two-factor authentication|Clean UI
Cons: Wait times can be long during peak hours|Email notifications too frequent