NXTOptions Review: is NXT Options a Scam or Legit Broker?

NXTOptions Review: NXT Options is a binary options broker that offers trading in a huge range of assets spanning commodities, indices, stocks, currency pairs including cryptocurrencies. They claim to have their address at 228 Park Ave S, New York, NY 10003-1502, US and they are owned and operated by Nxtoptions Ltd.

nxtoptions review

Nxtoptions TRADING PLATFORM

This broker uses a propriety trading platform for binary options trading.

DEPOSIT AND WITHDRAWAL METHODS

The available methods are MasterCard, Visa, bitcoin.

Is NxtOptions LICENSED?

NO! Nxt Options is not licensed. Therefore, no regulatory body is acting as a watchdog overseeing that they comply with best practices in the financial market. We could not find them on the CySEC website regulation list after much search.

SUPPORT

This broker offers support to its traders, they could be reached through phone calls or emails, whichever you prefer.

CONCLUSION

NxtOptions is an unregulated broker, this is a source of major concern. When trading forex, cfd and cryptocurrency we always recommend you use a regulated broker that is licensed to trade financial instruments.

COMPARE WITH A TRUSTED BROKER

Fortrade

Fortrade is a UK-based broker with address at Michelin House, 81 Fulham Road London, SW3 6RD, United Kingdom. They are among the best brokers in the industry offering trades in numerous assets including stocks, commodities, currencies, indices and cryptocurrencies. Fortrade is regulated and licensed by the FCA(Financial Conduct Authority) in the UK which makes client funds safe. They accept traders worldwide..visit their official website

DID YOU KNOW!! Most Autotrading softwares or robots claiming to turn you into a millionaire overnight are SCAMS. If you are in need of a legitimate software or robot that can help you trade profitably, see our recommendation HERE

Summary
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Nxtoptions
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