1. Is FX NextGen Legitimate?
FX NextGen (www.fxnextgen.com) claims to be registered in Vanuatu. But as per our research, it has received a public warning from the Financial Management Association in Australia but which proves it to be a scam. Also, the broker is not regulated by any financial entity. Hence, it is not a legit trading platform.
2.Is It Safe To Invest With FX NextGen?
Even though FX NextGen claims to be a credible entity with strong business ethics and a robust experience. It recommended for everyone to take extreme care While entering into any kind of business relationship with the company. It is not at all a trustworthy broker.
3.How To Recover Your Scammed Money From FX NextGen?
If you have been scammed by FX NextGen (www.fxnextgen.com), but you can avail our expert services on how to protect yourself from scams and frauds of different types. Moreover, through our listed fund’s recovery companies and you can recover your lost amount.
4.Possible scam activities of scam broker FX NextGen
Here are some of the possible reasons why we have flagged this broker as a scam broker in this FX NextGen review. The broker may have made a number of false claims through its website.
The rules and regulations, Bonus and Withdrawal policies are not legitimate and they are made for defrauding traders.
The broker makes continuous calls to the traders and urges them to invest higher and higher amounts.
The broker promises returns which are too good to be true.
The risk warnings may not be disclosed on their webpage or would be hidden.
The broker may be located in the countries or small islands. Where there is no proper regulation and registering a company is very easy. Usually, these countries are havens for the scam brokers.
This broker provides you good chances of making profits, when you decide to withdraw your money. They will state their illegitimate rules of withdrawals and ultimately you are not able to make withdrawal.
Broker remains operational for some time and suddenly if you are not able to contact the broker or the website seems down. The broker also changes name and website URL without any notice to existing traders.
Berenberg Holdings Review Conclusions
Making FX NextGen review is a pleasure for us, we hope to save as many people as possible from losing their money. A good rule of thumb is to carefully review all the Forex companies. Any other company for that matter before you perform any transaction.
We hope that our FX NextGen review has been helpful to you. If you have any questions or you need advice about the withdrawing process, feel free to contact us (topscambrokers) at Forexscamreviews28@gmail.com.
If you like to trade please do it with a trustworthy, regulated broker, by choosing one of the brokers listed below.
