Nexus mutual (nexmutual.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: nexmutual.com.
The so-called education at Nexus mutual (nexmutual.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 a couple of months now thinking they would help me learn.
Pros: Social trading features|Multi-device support|Regular platform improvements
Cons: Withdrawal takes 1-2 business days
The mobile app from Nexus mutual (nexmutual.com) is dangerous. I placed an order that showed as pending, so I placed another. Both executed and I was overexposed. When I complained they said it was user error. The app design is misleading.
Pros: Social trading features|Market news feed|Comprehensive tools
Cons: Would like more payment methods|Inactivity fee applies after 12 months
I trusted Nexus mutual (nexmutual.com) 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: Regular updates|Personal attention|Copy trading available|Fast deposits
Cons: Withdrawal takes 1-2 business days|Nothing significant