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Nervic FX Trade Review: Nervicfxtrade.com Forex Scam

Nervic FX Trade Review: Nervicfxtrade.com Forex Scam

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Nervic FX Trade (Nervicfxtrade.com) is another brute CFDs, Cryptocurrency, and Forex scam to hit the trading scene. NervicFXTrade is claiming to help traders trade smarter with the help of an expert. NervicFX Trade is another fake claim whose website is collapsing as you read this. A closer look at their website shows the platform has not been working for a while. Read this genuine NERVIC FX TRADE Review for more.

Nervic FX Trade Review

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Nervic FX Trade Review

After receiving a number of complaints from members of this platform, we decided to investigate. The first impression of their website is of a poorly managed website. Their homepage is not working properly and the images are distorted. What comes to mind is a platform which was created to bait unsuspecting investors. These are professional scam artist whose sole intention is to steal from unsuspecting investors. You better stay away from them.

The scam artists have come up with a good promotional material. To entice newbies to sign up, they claim to offer education on how to trade. Newbies will sign up as the promise of free trading materials and strategies are hard to come by. Once they sign up, traders are asked to deposit a certain undisclosed fee. And this is another problem with Nervic FX Trade as they don’t use standard depository requirement price. Read on and find out other alarming tricks hidden inside the platform.

About Nervic FX Trade

Looking at their about us page, it states FX Trade Holdings PLC is the owner of this platform. A look at various company register shows no platform with this name. What looks like a real trading platform is nothing but a made-up website. Even the mother company has no legal bearing which means we are dealing with unlicensed entities. No one knows where the platform is actually located. Claims of having offices in the United States are not true as no broker seems to know them.

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Anonymity is another issue we found out is a huge problem with this platform. Nervic FX Trade is completely anonymous as no one knows the actual owners of this website. Who are the founding members of this website? Why have they failed to give users name of people who are running the show? We also reached out to various brokers in the states and no one seems to be associated with NervicFXTrade. What more proof do you need that this is a hoax pouncing on unsuspecting investors?

Is Nervic FX Trade licensed or regulated?

Nervic FX Trade Fake License Claims

According to the website, the platform claims to be licensed by two entities, CySEC and NFA. They claim FX Trade Holdings Ltd is registered by CySEC under 199/13. A look at the website reveals Nervic FX Trade is using a license number of BDSwiss Holding PLC. This is proof we are dealing with a scam artists who will do or say anything. We have caught them with their pants down and this is undoubtedly a scam stealing from investors. When it comes to safety of funds, Nervic FX Trade is not licensed or regulated.

The problem with scam artist is they use numbers to try and feign legitimacy. A real platform will post copies of their license certificates for all to see. By doing so, they give investors an opportunity to verify the license details. Since most investors don’t bother with the license verification, they end up signing up with bogus platforms. And this is where we draw the line as the platform is not licensed to operate a trading service. Investors are asked to stay away from using Nervic FX Trade.

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Advantages of Nervic FX Trade

No advantage can be retrieved from a platform which is anonymous and uses fake license credentials. The fact that Nervic FX Trade is using another company’s trading license is proof of their scam. Stay away from this and any other platform which uses fake registry details. Complaints are also coming in from all corners of the world. The fact that no one is able to withdraw funds is another huge scary fact. A smart investor would stay away and never think of associating with the platform.

Disadvantages of Nervic FX Trade

Nervic FX Trade License Status

Account types

Nervic FX Trade is not furnishing users with any account type. So how are traders using the platform? What is happening with this platform is daylight robbery as no one knows the features involved. Leverage and spread types is not known and so is the minimum set deposit. These scam artists take advantage of this loophole to ask for over the moon depository prices. One victim lost all their deposit as they had placed $4,000 as their starting money. You better stay away.

Customer support

Another disturbing feature we noticed with Nervic FX Trade is their live chat support. The first question they ask is who directed you to their page. We believe this is a bot service which is far from being helpful. The bot will suddenly disappear as you communicate with no resurfacing. These are scam artists who don’t want authorities or users to track them.

Deposit and withdrawal

When you navigate the whole website, there is no information on the depository channels. What these scam artists do is communicate once you sign up. The sign up process dictates you leave your email and phone number. Once you do so, they will contact you and give you a bank account number. The problem with this method is that in most cases, the bank account number belongs to the scam artists. And this is why withdrawing funds becomes a huge problem.

Trading Platform

Another disturbing feature we noticed with the platform is lack of a clear trading platform. We believe the platform is using a custom-made platform which spells bad news. No expert has tested the platform which means it is prone to third party attacks. The platform is also in dire need of a proper security firewall. Lack of DDoS and SSL encryption protection is proof of their vulnerability. Hackers can easily take advantage of this loophole and steal your personal information.

Safety of finds with Nervic FX Trade

Nervic FX Trade Old Payout rooster

How can funds be safe with a platform which is openly stealing from investors? Once you deposit funds to their bank account, it is the last you will hear from them. Stay away from this platform as it not segregating accounts as dictated by trading rules. These are scam artists who will steal your funds and gain access to your bank account details. Make sure to stay away from this ill-fated trading platform or else become their next victim.

Scam or legit

Evidence is overwhelming; Nervic FX Trade is a scam waiting to steal from anyone who signs up. Mark their emails as spam and never click on any links sent by their email marketing team. Warn your family and friends from joining any of their affiliate programs. Authorities will soon shut down the platform and hopefully, catch the culprits behind this scam.

Final thought

We will be adding this platform to our scam blacklist and ensure no one else falls for their trap.

You can choose to have expert and top rated brokers by your side. Make an effort and sign up with experienced and reliable brokers at all times.

Wishing you the very best.

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