Nexo (nexobtcweb.com) has been flagged by ASIC (Australia) for "Unlicensed". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: nexobtcweb.com.
The so-called education at Nexo (nexobtcweb.com) is just marketing. Every webinar ends with a push to deposit more. The market analysis is generic and often wrong. If you want real education go elsewhere. I wasted for nearly two years thinking they would help me learn.
Pros: Easy to use platform|Helpful community forum
Cons: Cannot customize dashboard fully|Currency conversion fee exists
The platform at Nexo (nexobtcweb.com) is riddled with bugs. Charts display incorrect data, order confirmations sometimes fail silently, and the portfolio tracker disagrees with actual positions. After for close to eighteen months of dealing with this, I have had enough.
Pros: Customizable dashboard|Responsive team|Personal attention|Economic calendar
Cons: Minor UI glitches occasionally|None so far
I am in a dispute with Nexo (nexobtcweb.com) 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: Competitive fees|Personal attention|Dedicated account manager|Detailed reporting
Cons: Limited ETF selection
Nexo (nexobtcweb.com) 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: Instant funding|Real-time alerts|Segregated accounts
Cons: Some tools only available on higher tiers|Live chat only during business hours