NXTrades

Based on its overall risk profile, NXTrades presents significant reliability concerns. The WikiFX assessment score for NXTrades Limited is 1.55 out of 10, which reflects a severe deficit in key regulatory and risk control metrics. The entity operates without formal oversight from major financial authorities, and its operational region is categorized as suspicious. Consequently, investor funds lack the protective safeguards typically associated with regulated brokers.

NXTrades Limited is not regulated for retail forex and CFD trading. According to WikiFX data, the broker does not hold any valid licenses from major financial authorities such as the Australian Securities and Investments Commission (ASIC), where it is registered, or other prominent global regulators like the FCA or CySEC. It operates entirely outside formal regulatory frameworks.

The minimum deposit requirement for opening an account with NXTrades is $100. This entry condition applies uniformly across the CENT, PRO, and STANDARD account types offered by the broker.

Due to the temporary lack of publicly available data, the specific trading platforms supported by NXTrades cannot be confirmed. While MetaTrader 4 and MetaTrader 5 are industry standards, traders should verify platform availability directly through the broker's official channels or subsequent updates on the WikiFX platform.