Warning Investors NEXUS TRADE Regarding fraudulent or manipulative practices (insider dealing, market manipulation, misrepresentation of material information, etc.)


Online trading can be lucrative and exciting, but it also comes with risks. One of the biggest risks is falling victim to scam brokerages that operate without proper regulation and compliance. These brokerages may offer unrealistic returns, manipulate prices, withhold withdrawals, or even steal your personal and financial information. One such brokerage is Nexus Trade, which has been flagged by the FCA as an unauthorized entity.

Regulation and Compliance:

Regulation and compliance are essential for any legitimate online trading platform. They ensure that the platform follows the industry’s rules and standards, protects its clients’ interests and rights, and prevents fraud and money laundering. A regulated platform must have a license from a reputable authority, such as the FCA in the UK, the ASIC in Australia, or the CySEC in Cyprus. A licensed platform must also adhere to strict requirements, such as segregating client funds, providing transparent information, and participating in compensation schemes.

Nexus Trade, however, does not have any license or authorization from any authority. It claims to be based in St. Vincent and the Grenadines, a notorious offshore jurisdiction that does not regulate online trading activities. It also claims to be affiliated with Nexus Global Ltd, a company that does not exist. The FCA has warned that Nexus Trade is not permitted to provide financial services or products in the UK and that anyone who deals with it may not be protected by the UK regulatory framework.

Customer Support:

Customer support is another important aspect of any online trading platform. It shows how much the platform cares about its clients and how responsive it is to their needs and issues. A reliable platform should provide multiple channels of communication, such as phone, email, live chat, or social media. It should also have a professional and friendly team that can answer questions, resolve problems, and offer guidance.

Nexus Trade, on the other hand, does not provide any customer support at all. It only has an online contact form on its website, which does not guarantee a response. It does not have any phone number, email address, live chat option, or social media presence. It also does not have any FAQ section or educational resources on its website. This means that if you encounter any difficulties or disputes with Nexus Trade, you will have no way of reaching out to them or getting any assistance.

Customer Reviews:

Customer reviews are another useful source of information about any online trading platform. They can reveal the experiences and opinions of other traders who have used the platform before. They can also help you identify the strengths and weaknesses of the platform, as well as any red flags or warning signs.

Nexus Trade, however, does not have any positive customer reviews online. It has many negative reviews and complaints from traders who have been scammed by it. These traders report that Nexus Trade has refused to process their withdrawal requests, blocked their accounts, ignored their messages, or even stolen their money. Some of them also claim that Nexus Trade has used fake testimonials and reviews on its website to lure unsuspecting customers.

How can crypto transactions be traced?

Crypto transactions are often considered to be anonymous and untraceable, but this is not entirely true. While crypto transactions do not reveal the identities of the parties involved, they do leave a trail of data on the blockchain network. The blockchain network is a public ledger that records all crypto transactions in chronological order. Anyone can access and analyze this data using various tools and techniques.

One way to trace crypto transactions is by using transaction IDs or hashes. These are unique codes that identify each transaction on the blockchain network. By entering these codes into a blockchain explorer website or app, you can see the details of the transaction, such as the amount, date, time, sender address, receiver address, and fees.

Another way to trace crypto transactions is by using wallet addresses. These are alphanumeric strings that represent the source or destination of a crypto transaction. By entering these addresses into a blockchain explorer website or app, you can see the balance and history of the wallet, as well as all the transactions associated with it.

However, tracing crypto transactions does not necessarily mean identifying the real-world identities of the parties involved. This is because wallet addresses are not directly linked to personal information or identities. To do this, you would need additional information or clues from other sources, such as exchanges, platforms, websites, social media accounts,

or law enforcement agencies.

Shielding Your Finances: Measures to Avoid Scam Brokerages:

Scam brokerages are a serious threat to online traders who want to invest in forex or crypto markets. They can cause significant losses, frustration, and stress. Therefore, it is crucial to take measures to avoid scam brokerages and protect your finances. Here are some tips to help you do that:

Do your research. Before choosing an online trading platform, do some background checks on it. Look for its license, regulation, reputation, customer reviews, and contact details. Verify the information from official sources, such as regulators’ websites or databases. Avoid platforms that have no license, regulation, or transparency.

Be wary of unrealistic offers. If a platform promises you high returns, low risks, or free bonuses, be skeptical. These are usually signs of a scam that tries to lure you with false or misleading claims. Remember that online trading involves risks and uncertainties and that there is no such thing as a guaranteed profit.

Read the terms and conditions. Before signing up or depositing money with a platform, read its terms and conditions carefully. Understand the rules, fees, charges, and policies that apply to your account and transactions. Pay attention to any clauses that may limit your rights, such as withdrawal restrictions, bonus requirements, or dispute resolution procedures.

Use secure payment methods. When funding your account or withdrawing your money from a platform, use secure and reliable payment methods. Prefer methods that offer protection or recourse in case of fraud, such as credit cards or e-wallets. Avoid methods that are irreversible or untraceable, such as wire transfers or cryptocurrencies.

Keep records of your transactions. Whenever you make a transaction with a platform, keep a record of it. Save the confirmation emails, screenshots, receipts, invoices, or statements that show the details of the transaction. These records can help you track your money and prove your case in case of a dispute or a complaint.


Nexus Trade is an online trading platform that claims to offer forex and crypto trading services. However, it is not a legitimate or trustworthy platform. It is an unauthorized entity that has been warned by the FCA as a potential scam. It does not have any license, regulation, transparency, customer support, or positive reviews. It may also use fake testimonials and reviews on its website to deceive customers.

If you are looking for a reliable and regulated online trading platform, you should avoid Nexus Trade at all costs. Instead, you should choose a platform with a valid license from a reputable authority, such as the FCA in the UK, the ASIC in Australia, or the CySEC in Cyprus. You should also follow the tips we have shared above to protect yourself from scam brokerages and safeguard your finances.

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