Nexus Trade

After reviewing Nexus Trade, we assess it as a high-risk, likely fraudulent broker. Below we break down exactly why, and what your options are if you have already deposited.

Who is Nexus Trade?

On the surface, Nexus Trade looks like an ordinary forex and crypto broker. Its public site is presented at https://nexustradeinc.com/. But surface impressions are exactly what these operations rely on — the substance behind Nexus Trade is where the problems begin.

Is Nexus Trade regulated?

We could find no evidence that Nexus Trade holds a valid licence from any recognised financial regulator. Trading client funds without authorisation is one of the strongest indicators of a scam — there is no regulator to complain to, and no protection for your money.

Red flags we identified

• No credible physical address or verifiable corporate record
• Unrealistic profit claims and pressure to deposit more
• Withdrawals reportedly blocked behind “taxes,” “fees” or account “upgrades”
• Account dashboards that show “gains” with no real market exposure
• Opaque or anonymous corporate ownership

Our analysis

On 9 Dec 2022, the United Kingdom Financial Conduct Authority (UK FCA) issued a warning that Nexus Trade was providing financial services or products in the UK without authorisation. You may visit: https://www.fca.org.uk/news/warnings/nexus-trade

Can you recover money lost to Nexus Trade?

If you have deposited with Nexus Trade, do not pay any further “fees” to withdraw — that is part of the trap. Funds sent to operations like this can sometimes be traced on-chain and pursued through the exchanges and processors that received them. Whether recovery is realistic depends on how you paid and how quickly you act.