NexVest is a weird online trading platform that is filled with ambiguity. The website contains questionable graphics and they lack basic explanations. From trading conditions to platforms supported, everything is a mystery. At first glance itself, it is easy to identify that they have huge hidden agendas and it doesn’t benefit the users in any way.
If you are interested in knowing more about them, read till the end. We have compiled all necessary aspects to enable people to make quick decisions.
NexVest Overview
NexVest pretends to be an exchange that offers crypto trading along with commodities and forex pairs. They showcase themselves as an all in one platform for your trading needs. Sadly, within 5 minutes, any rational trader or investor can figure out their real intentions.
Contact details are not shared and things like FAQ or terms and service pages are not present. In other words, from basic details to crucial information, everything is missing.
Think about it, if they had the best intentions of the users in their mind, why are they operating so unprofessionally? Isn’t the fact that they are shady too obvious at this point?
Trading Basket
To entice users, this platform claims to offer a lot of asset class under one roof. On their web based trading interface, they showcase commodities, bitcoin and forex pairs.
While the idea of having everything at one place is soothing, it’s not a reality with this one. There’s no saying about what will happen if you share your email address with them. Plus, if anyone makes a deposit, then getting it back is nothing short of a miracle too.
NexVest Red Flags
Red flags of this platform starts from their website and hasn’t got a definite end as of now. If we focus on the important ones, here’s the way it goes. They are obviously unregulated and are taking money from people in a borderline illegal manner.
No transparency is present in terms of trading costs or funding methods. Management is unknown and contact details too are scarce. Moreover, testimonials and social media presence are also not there.
So, the overwhelming amount of evidence suggests that they are not something you want to tangle yourself with.
Conclusion
NexVest has received a warning from New Zealand’s authorities as well. After a thorough check, we urge people to stay away from them. Raise a complaint with us, if you have suffered financial damage because of them.
