Nux Trade Review: Is Nux Trade a legit or a scam broker?

We strongly advise against opening an account with Nux Trade as it is an unregulated broker without a license to provide financial services in any country. Due to the lack of government supervision, unlicensed brokers are often unreliable and can disappear with client funds at any time. Our research on online forums has discovered that users have had negative experiences with Nux Trade, with complaints ranging from the inability to withdraw funds to other issues. 

Based on reviews and complaints, it appears that Nux Trade may be attempting to scam investors, which is why we strongly advise against using their brokerage platform.

Website –


Regulation – Unregulated

Warned By – Financial Conduct Authority (United Kingdom)

Understanding the Tactics of Unscrupulous Brokers 

Have you ever wondered how these fraudulent brokers operate? Typically, they will contact potential clients and convince them to deposit funds by making unrealistic promises of high investment returns. Once they succeed in getting the first deposit, they will continue to harass the client with requests for more money. Do not fall for their lies. These brokers often employ foreign workers to keep costs down. These workers are given phone numbers of potential victims and are instructed to call as many as possible. These victims are then swindled out of their money and the brokers disappear without a trace. It’s impossible to reach them through phone, email, or chat, and their website often shuts down after a short while.

Nux Trade Review Conclusion

Nux Trade is not a licensed financial service provider, and we cannot recommend their services due to negative reviews found on internet forums. It’s essential to prioritize the safety of your funds, so it’s best to avoid this broker. Always conduct thorough research by checking reviews and comments before investing your money with any company, whether it’s a forex broker, cryptocurrency exchange, or any other organization. If you’ve been scammed, contact Fraud Brokers immediately and get help in fund recovery.

Have You Been a Victim of Nux Trade Broker Scam? Get Help by Filing a Complaint with Us 

If you have been scammed, we understand how traumatic this experience can be. At Fraud Brokers Community, we are here to support and listen to you. Despite the distress you may be feeling, we want to reassure you that there is a way to recover your funds. You do not have to go through this alone – please reach out and tell us your story.

To begin the process, simply complete a brief complaint form and receive a complimentary consultation. We are different from other unreliable recovery companies, as we have a proven track record of reclaiming millions of dollars from dishonest traders. Our team is dedicated to honesty and reliability, so you can trust us to help you through this difficult time. 

If you have any questions or concerns in the meantime, contact us for a free consultation.

Read about a broker who engaged in a similar scam – Markets Expert review

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