Nx Stock has been flagged by Financial Services and Markets Authority for "Registered/Licensed entity impersonators". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
For anyone considering Nx Stock, please be aware that this company has been flagged by Financial Services and Markets Authority. This does not necessarily mean they are a scam, but it does mean they may not be authorized to operate in certain jurisdictions. I strongly recommend checking the official regulator website before making any investment decisions.
Cons: Appears in regulatory warnings database|Uncertain regulatory status
Nx Stock 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: Competitive fees|Easy to use platform|Copy trading available|Excellent charting
Cons: Spreads widen during volatile periods|Cannot customize dashboard fully
My card was charged twice by Nx Stock on the same day. I had to dispute it with my bank. Nx Stock then froze my account and said I had a negative balance because of the chargeback. They created the problem and then punished me for it.
Pros: Fast deposits|Dedicated account manager
Cons: Nothing significant
After doing some research AFTER the fact (I know, I should have done this first), I discovered that Nx Stock is not authorized by any legitimate financial regulator. They are operating illegally. The website looks very professional but it's all a facade. Please check the regulatory warnings database before investing with ANY company.
Pros: Initially responsive customer service
Cons: No regulatory oversight|Money disappeared|Fake testimonials
I found this company through a friend who recommended it. Before investing, I checked various regulatory databases and found that Nx Stock has been flagged as an unauthorized entity. I informed my friend immediately. Please always verify with official sources - a quick search could save you thousands.
Cons: Unauthorized firm|Found in IOSCO warnings database