Nordenex / nordenex.com has been flagged by Swiss Financial Market Supervisory Authority for "Other". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
The spread at Nordenex / nordenex.com is not what they advertise. During volatile markets it widens so much that you lose before the trade even starts. I found them through word of mouth in my investment club and initially thought the platform was good - until I started trading seriously.
Pros: Clear documentation|Responsive team|API access|Copy trading available
Cons: Wish they had more educational resources|Limited ETF selection
I referred a friend to Nordenex / nordenex.com after comparing multiple platforms. We both deposited. The referral bonus never arrived. Support said we did not meet the terms. When we asked which terms they pointed to a clause that was added after we signed up. Shady.
Pros: Wide product range|Risk management tools|Instant funding|Quick verification
Cons: Inactivity fee applies after 12 months
I looked into Nordenex / nordenex.com and found they appear in the regulatory warnings database. Swiss Financial Market Supervisory Authority has issued a notice about this firm. Whether this is a misunderstanding or a serious concern, the fact remains that proper due diligence is essential. Always verify the regulatory status of any company before investing your hard-earned money.
Pros: Information is publicly available for verification
Cons: Appears in regulatory warnings database|Uncertain regulatory status
Opened my account with Nordenex / nordenex.com after a family member had a good experience 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: Copy trading available|Easy withdrawals|Regular updates
Cons: Nothing significant|None so far
Nordenex / nordenex.com has no proper customer support. The live chat is a bot. The phone number goes to a call center that cannot access your account. Email takes two weeks. When I had a real problem they were nowhere to be found.
Pros: Comprehensive tools|Demo account available
Cons: Slow to add new assets|Would like more payment methods
Several red flags with Nordenex / nordenex.com: (1) They promise unrealistically high returns, (2) They're not registered with Swiss Financial Market Supervisory Authority, (3) Their contact information is vague, (4) They pressure you to deposit quickly. I recommend everyone do thorough due diligence before investing with any company.
Pros: Website looks legitimate on the surface
Cons: Unauthorized firm|Found in IOSCO warnings database
I was contacted by Nordenex / nordenex.com through social media. They promised guaranteed returns of 20-30% monthly. Being naive, I invested. The "account manager" pressured me to invest more and more. When I finally tried to take profit, my account was frozen and they stopped responding. Classic Ponzi/advance fee fraud.
Cons: Cannot withdraw funds|Not regulated|Pressure tactics
Do not be fooled by the professional-looking website. Behind the scenes, Nordenex / nordenex.com is disorganized and incompetent. I found them after a family member had a good experience and I can only assume the positive reviews are either outdated or paid for because my experience was terrible.
Pros: High security standards|No hidden fees|Comprehensive tools
Cons: Nothing significant|No integrated tax optimization