Nekstra Review: a Suspicious Company with Outrageous Measures

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Nekstra Review: a Suspicious Company with Outrageous Measures

Nekstra is an offshore company that claims it has a professional team that manages its activities. The platform also brags about having the best trading tools in the industry. They also conduct online webinars to educate their customers.

The entity has over 1000 assets at the disposal of its clients. You can trade CFD, Cryptos, and Forex. Traders will receive live data feed and customized charts. However, we do not recommend this venture to the public.

Nekstra is an entity that is offering educational services to all levels of traders. They urge investors to join them to boost their skills and knowledge. They offer information via eBooks, videos, and webinars.

Unfortunately, we do not know the quality of their training course. The company does not break down what their course entails. Investors, therefore, do not know what to expect from this entity. You need to be very keen when dealing with anonymous companies.

Invest with legit Forex trading companies that have been serving their customers delightedly. You will also earn a reasonable amount of funds. The platforms have nothing to hide and are transparent in all their dealings. Review

Nekstra is trading cryptocurrency, forex, stocks, indices, and commodities. They also have an affiliate program whereby you can refer a new client and earn money. The platform claims that it a renowned entity that offers trading services globally.

The company states that it has put up top measures to protect their clients. The firms assure clients that they will never share their data with a third party. Additionally, the suspicious entity allegedly segregates investors’ money in reputable financial institutions.

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Unfortunately, we do not recommend an offshore venture to investors. The majority of them do not live to the expectation of their clients. They leave the market after collecting a substantial amount from their customers.

Nekstra is allegedly using the latest technology to derive success for their clients. The platform is not trustworthy, and despite their attempt to win over clients, our best advice is to stay away. The company is an illegal scheme.

Their trading conditions are also not favourable for investors. The entity brags about having the best team while they do not provide sufficient data. Therefore, their claims cannot be verified. We believe this is another attempt to win over traders.

The Domain Insight was registered in December 2019. The domain will only run for a period of one year. The possibility of them renewing their operation is very slim. The entity, therefore, is not a reliable trading entity.

The information about the registrar is private. Hence, we do not know the real owner of this platform. Moreover, they do not have much traffic coming into their website. The entity has a score of 1,599,424 global rankings. They are not doing very well.

Nekstra Trading Conditions

Nekstra states that it offers competitive spreads, fast trading speed, and high returns to their clients. The entity does not offer any of the MetaTrader platforms to its clients. Therefore, this makes them not an ideal investment firm.

The company is only offering a web-based trading platform to its clients. It has no match for the MT4. The MetaTrader allows investors to have real-time access to the market; their indicators and trading tools are top-notch. Investors’ trade with flexibility, and it also has trading EAs.

Nekstra does not have a demo account as they had previously claimed. The entity is a scam that you should detect their red flags quickly. There is nothing regarding this broker. Their platform is not secure.

Moreover, the company is also offering an unfavourable spread of 3 pips. The entity has fixed leverage of 1:200. Mostly, brokers who offer high leverage end up scamming their clients. It is only a few legit entities that will provide a high leverage cap.

Withdrawal and Deposits

Nekstra states that they do not have hidden charges. They also claim withdrawal and deposit are processed speedily. The least amount of money that you can deposit at this venture is $250.

The entity is accepting funds via crypto, Yandex Money, Neteller, and Skrill. You should not venture with an entity that does not have a reliable payment method. The possibility of losing your money is very high.

Nekstra has unfavourable withdrawal methods. You can only cash out a minimum amount of $75. Legit forex brokers, on the other hand, allow their clients to withdraw any amount that they please. This platform is exploiting its customers, which is unethical.

Additionally, the firm charges a monthly maintenance fee of 30. Their charges are outrageous, and you won’t find a regulated broker having such measures.  Nekstra is also charging a verification charge of $150. We have never heard of anything like this before.

Upon cashing out, the company, take a certain percentage from your money. The platform considers an account dormant if it is inactive for one month. You will pay $200. They also have a trading bonus, which shows this is a scam. Make sure to read their T$C before taking any of their offers.

Nekstra Customer Support

Nekstra claims that it offers 24/6 customer support services to its clients. The platform does not have a physical address. Therefore, we do not know their actual location. There are multiple phone numbers on their website.

There is no method available that can prove that their support is responsive. The company does not have testimonials from their clients. Additionally, given the characteristic that the entity has displayed, you will get unprofessional treatment.

A legit investment company will show its office address. Investors can as well visit the area whenever they want. Stay away from anonymous firms. The majority of them do not have the best interest at the heart of their clients.

Nekstra Regulation Status

Nekstra claims to be operating from Estonia. We conducted a quick search on the database of Estonian financial watchdog. Unfortunately, we were not surprised when we did not find this entity among the licensed companies.

Despite their claims of offering safety to their clients, this shady firm is not authorized to operate. Therefore, your money is at a high risk of being lost. The fishy platform should be avoided at all costs. Furthermore, the entity is anonymous and an offshore company.

You should refrain from engaging with illegal companies. Once they exit the market, nobody will come to your aid. Additionally, sharing your data puts you at high risk. Invest wisely and research before depositing funds.

Invest only with platforms that have a license from reputable financial bodies in the industry. You will have full access to your funds when you trust the right firm. The company will also segregate clients’ funds into different accounts.

Final Verdict

Nekstra makes bold claims of being an innovative investment company. The platform is also offering educational services to their clients. However, the company is an illegal entity that has no existing evidence of being reputable.

Moreover, there is no proof that they take care of their clients’ funds and data. The platform has strict measures for their clients, which them a nasty scam. It only proves that Nekstra is after clients’ funds.

Invest with reputable and trustworthy investment forex brokers in the industry. Their terms and conditions are per their clients’ need. Additionally, they do not have any intention of stealing from their customers.

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