Nexinks operates as an offshore trading platform without authorization from established financial regulatory bodies. Consumer complaints and concerning operational practices suggest significant risk to investor capital.
Licensing Status
The platform functions without oversight from recognized financial authorities including:
- Cyprus Securities and Exchange Commission (CySEC)
- Financial Conduct Authority (FCA)
- Australian Securities and Investments Commission (ASIC)
- Spanish National Securities Market Commission (CNMV)
Nexinks provides services across numerous territories despite lacking the mandatory licenses required in these regions, creating a regulatory vacuum that leaves investors at risk.
Consumer Complaint:
Multiple traders have submitted negative feedback regarding their experiences:
- Difficulty accessing deposited funds
- Unexpected fees during withdrawal attempts
- Platform unavailability at critical times
- Misleading representations of services and returns
These complaints have led consumer protection organizations to issue warnings about this platform.
Website:
www.Nexinks.com
Nexinks Scam Activities
Here are some of the possible reasons why we have flagged this broker as a scam broker in this Nexinks review .
- The broker may have made a number of false claims through its website.
- The rules and regulations, Bonus and Withdrawal policies are not legitimate and they are made for defrauding traders.
- The broker makes continuous calls to the traders and urge them to invest higher and higher amounts.
- The broker promises return which are too good to be true.The risk warnings may not be disclosed on their webpage or that would be hidden.
- The broker may be located in the countries or small islands where there is no proper regulation and registering a company is very easy. Usually, these countries are haven for the scam brokers.
- This broker provides you good chances of making profits and when you decide to withdraw your money, they will state their illegitimate rules of withdrawals and ultimately you are not able to make withdrawal.Broker remains operational for some time and suddenly you are not able to contact the broker or the website seems down.
- The broker also changes name and website URL without any notice to existing traders.
Nexinks we recommend you immediately cease depositing any amount of funds with them, in particular if they are asking for a fee to withdraw your money. DO NOT PAY IT.
Negative Nexinks Reviews and Complaints
Nexinks has gotten many negative reviews and traders who traded with this broker have raised many complaints against it. Yourscamreport has investigated a lot about this broker and based on the negative reviews, complaints and other scam features, we have listed this broker in the list of scam brokers warnings.
Yourscamreport does not recommend traders to trade with this broker and your funds may not be safe with this broker and Nexinks review is negative. Instead look for regulated and reputed brokers who can really help in growing your investments. When searching for brokers to conduct your trading activities with, the first and most important step should always be to learn about their certification(s).
When a broker is unregulated or regulated by an entity outside of your jurisdiction, you have limited to no legal recourse in the event that your funds are compromised. In an event of theft, complaints can only be made if that broker is licensed by the regulator in your jurisdiction.
If a broker is not licensed by the regulatory authority in your jurisdiction, that likely means that they are unregulated and should be avoided. Even if the brokerage is regulated, it is best to avoid it if the regulator happens to be outside your jurisdiction.
Got Scammed by Nexinks?
If you have lost money with Nexinks , don’t panic. You are not the first and you likely won’t be the last. Mistakes can happen even with the most cautious of investors, and should be used as a learning opportunity.
The team at Yourscamreport – A specialist group dedicated to helping consumers recover funds lost online – is available 24/7 and has helped consumers all over the world recoup millions of dollars.
By putting together a compelling chargeback strategy from beginning to end, victims of online fraud have a relatively high probability of recovering some of their funds lost.