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.
After since the beginning of the year with NexGen Finance (nexgenfinance.pro) I requested to close my account and withdraw. They said I had to complete a 30-day cooling-off period. Then they said there was a minimum holding period for my last deposit. They make it as hard as possible to leave.
Pros: Good mobile app|Intuitive for beginners
Cons: Some tools only available on higher tiers
My withdrawal from NexGen Finance (nexgenfinance.pro) was rejected three times for vague reasons. Each time they asked for more documents. When I finally provided everything, they said my account was under review. since last summer of being strung along.
Pros: Portfolio tracking tools|Smooth onboarding|Dedicated account manager
Cons: Minimum deposit could be lower
I trusted NexGen Finance (nexgenfinance.pro) with a significant portion of my savings and I deeply regret that decision. Not because of market losses, but because of how poorly the platform performed and how dismissively the support team treated my concerns.
Pros: Fast support response|No hidden fees
Cons: Alert system is basic|Limited social trading features