Forex Brokers

Nexobtc (nexobtc.vip)

1.6 (9 reviews)
🇦🇺 Australia
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1.6
9 reviews
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About Nexobtc (nexobtc.vip)

Nexobtc (nexobtc.vip) 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: nexobtc.vip.

Customer Reviews

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Swap rates are predatory

N
Nora C.
2 weeks ago

My withdrawal from Nexobtc (nexobtc.vip) 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. for about ten months of being strung along.

Pros: Intuitive for beginners|Good analytical tools

Cons: None so far|Charting tools need more indicators

Transfer to another broker refused

M
Megan H.
1 months ago

The platform at Nexobtc (nexobtc.vip) is riddled with bugs. Charts display incorrect data, order confirmations sometimes fail silently, and the portfolio tracker disagrees with actual positions. After for a few weeks now of dealing with this, I have had enough.

Pros: Tax reports included|Smooth onboarding|Multi-currency support

Cons: No fractional shares

They do not care about customers

J
Jennifer V.
2 months ago

I requested my data from Nexobtc (nexobtc.vip) under GDPR. They sent a partial export that was missing months of transactions. When I asked for the rest they said it was a technical issue. Still waiting. They do not take data rights seriously.

Pros: Regular platform improvements|Intuitive for beginners|Segregated accounts

Cons: Wait times can be long during peak hours

Withdrawal rejected 3 times

O
Oliver B.
2 months ago

I trusted Nexobtc (nexobtc.vip) 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: No hidden fees|Easy withdrawals|Social trading features|Instant funding

Cons: No dark mode on mobile|Wish they had more educational resources

An insult to paying customers

D
Dean G.
4 months ago

I lost a significant amount because Nexobtc (nexobtc.vip) did not execute my stop loss during a flash crash. They said the market was illiquid. Other brokers managed to execute. I have no proof they did not trade against me. Avoid.

Pros: No hidden fees|Great customer service|Two-factor authentication

Cons: Currency conversion fee exists

Took my money and went silent

V
Victoria M.
6 months ago

Nexobtc (nexobtc.vip) seems more interested in acquiring new customers than taking care of existing ones. The marketing is aggressive but the product is mediocre. Once you are past the honeymoon period, the cracks in their service become very apparent.

Pros: Dedicated account manager|API access

Cons: Onboarding videos are outdated|Limited ETF selection

Not even close to acceptable

M
Michelle A.
8 months ago

I am in a dispute with Nexobtc (nexobtc.vip) 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|Easy withdrawals

Cons: Minor UI glitches occasionally|No crypto staking

Complaint process is a maze

D
Danielle K.
9 months ago

Nexobtc (nexobtc.vip) 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: Regular updates|Low minimum deposit|Multiple order types|Transparent fees

Cons: No dark mode on mobile

My account was compromised and they did nothing

M
Marcus D.
10 months ago

Customer support at Nexobtc (nexobtc.vip) seems to be run by people who have never used the platform. Every time I call with an issue, I end up explaining how their own system works before they can help me. It would be funny if my money was not involved.

Pros: Market news feed|Full transparency|Wide product range

Cons: Currency conversion fee exists