NXG Markets

I have been trading here for over two years. However, some issues have recently arisen. I have been unable to withdraw €1,200 for over a month. When I contacted support, they advised me to wait. Furthermore, Nxg markets does not respond to emails. I am waiting… what will happen next?

I don’t claim to be an expert on brokerage companies, but this broker clearly stands out from its competitors. Everything looks pretty decent on nxgmarkets.com, and the company’s activities are transparent — thanks to regulation, they really have nothing to hide. The conditions are good, and the support from the managers is excellent. The personal consultant works accurately and unobtrusively, doing their job without interfering with your trading. I should note that I manage to earn up to 15% of my deposit per month, which is twice as much as I could earn on another platform. It is comfortable to work with Nxg Markets thanks to the stable MT5 terminal: it does not freeze or crash, and all charts, analytics, and signals load instantly. In addition, you can trade safely from any device. I think any trader will find it convenient and enjoyable to work here.

Be careful with this broker. They attract newbies with a low entry threshold and low spreads, but in reality, their spreads skyrocket during volatility. For example, I tried to make a EUR/USD trade, and suddenly the spread increased by 15%! Because of these shenanigans, I lost almost $200.

My start in forex began with this company, and honestly, it was the right decision. The educational content provided to me by the support team was especially helpful in the beginning. This knowledge really came in handy: I began to understand the market more deeply and stopped acting on a whim. Thanks to this, I have been trading steadily for several months now, and what is especially pleasing is that I have not only preserved my initial deposit, but also increased it with NXG MARKETS . I should note that I did not make any additional investments. To be honest, I did not expect the broker’s training to have such an effect, but the fact remains. I really feel that a high-quality approach to training and support for beginners gives excellent results in trading.

This is a deceitful and misleading company. Do not trust your money to nxgmarkets.com and do not listen to their psychological tricks about how to make big money.

It takes forever to open a trade, and even longer to close one. As a result, my profit turned into a loss of $127. Who benefits from this?

I don’t understand why people are so drawn to trading with this offshore trash can. It’s a company with no history, no reputation, and no guarantees, such as oversight by reputable regulatory authorities and insurance. On top of that, NXG Markets boasts a foreign license from a company in Mwali, an island in the middle of nowhere. I know this because I checked everything myself. In the end, there is nothing interesting here — no transparent terms and conditions, no trading commission rates. What’s the point? You might say, what about MetaTrader 5? However, almost every forex broker has it. In short, I don’t see any advantages to nxgmarkets.com.

I’m not going to persuade anyone to do anything – I just want to share my experience, and you can draw your own conclusions. So, Nxg markets leaves a positive impression. The conditions seem adequate: the rates are clear, the minimum deposit is $25, and there are two licenses. Moreover, the terminal (MetaTrader 5) works stably; in the three weeks that I have been using it, I have not noticed any glitches 🙂 However, I have not yet had time to fully evaluate all the features. For example, I haven’t checked the withdrawal process yet, so I can’t say how well everything works on nxgmarkets.com

I have been trading here for about six months. In principle, there have been no problems with withdrawals or quotes. However, there is one caveat – NXG MARKETS always charges some obscure commissions. Although, this is probably how the broker makes money, so be it. In addition, problems with the terminal have recently begun: spreads have become much wider, and requotes have appeared. This is especially noticeable with cryptocurrency pairs and CFDs on stocks. Overall, it is possible to trade profitably, but all these changes have made the process less comfortable than before. This has affected profitability, which has decreased from 8% per month to about 5% without changing the strategy.