Nextmarkets is an online financial services provider that offers access to trade multiple financial markets, including shares, ETFs, indices, forex, bonds, commodity, and CFDs. They provide traders with the Gettex trading platform that is operated by the Munich Stock Exchange segment. The broker is based in Cologne, Germany and has a subsidiary in Malta that is licensed to offer securities trading, act as a portfolio manager, and offer financial products throughout Europe. No commission is charged on trades. The broker’s leverage is upon demand.
Nextmarkets Review Introduction
In this Nextmarkets review, we will take a look at some of the most important factors worth considering when choosing a forex broker for your online trading needs. This includes trading platforms, trading tools, research and education, account funding options, customer support, and broker regulation.
You may also wish to view my best forex brokers based on countless hours that I have spent researching and testing hundreds of brokers, all of which you can see in my forex broker reviews. You can also use my free trading tool to compare forex brokers, including Nextmarkets.
Nextmarkets Platforms & Tools
Nextmarkets traders can get to trade all the available financial assets using a web-based trading platform that is known as the Gettex trading platform. The platform has an avalanche of learning tools to help traders get acquainted with trading modalities. As a web-based trading platform, the platform runs directly on modern web browsers, such as Chrome, Safari, Firefox, and Edge. The trading platform is also available as a mobile app that is compatible with Android and iOS devices and can be downloaded from the respective app stores.
Nextmarkets Research & Education
Nextmarkets understands the importance of educational resources to the overall trading competence of clients. As a result, they make available a good selection of educational resources on their website. These educational resources include news, press releases, and an FAQ section that answers some of the common questions that traders may have.
Nextmarkets Trading Accounts
Traders are allowed to create a single live trading account with a minimum deposit of 500 EUR. A demo account is available to help traders familiarise themselves with the broker’s platforms before opening a live trading account.
Nextmarkets Account Funding
Nextmarkets traders can deposit and withdraw funds to and from their trading accounts using the following payment methods: SEPA Transfers and Credit/Debit Cards, such as Visa and MasterCard.
Nextmarkets Customer Service
Nextmarkets provides traders with a knowledgeable client support team to respond to any trading inquiries they may have. The support team is available 24/7 and can be reached by filling the contact form available on the broker’s website. In addition, the website is available in seven different languages to reach a wider audience.
Nextmarkets Trading Limited is a company registered in Malta — registration number C 77603 — and authorised and regulated by the Malta Financial Services Authority (MFSA) as a financial services company under license: IS/77603. Nextmarkets Trading Limited is a subsidiary of Nextmarkets AG with headquarters in Cologne, Germany.
Nextmarkets Review Summary
Founded in 2014, Nextmarkets is a regulated retail broker that allows clients to buy and sell various financial assets using a proprietary trading platform that is available in web and mobile versions. They provide traders with a range of learning resources and the services of a client support team to help them get the most out of their trades. The broker offers various competitive trading conditions, including tight spreads, zero commissions, and on-demand leverage to clients. The broker is regulated by the MFSA.
It is worth mentioning that some of the trading products and services in this Nextmarkets review may differ or not be available to traders in some countries due to regulations. As brokers’ terms can change over time, please verify all information is up to date directly from the Nextmarkets broker website which you can visit by using the link below.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. A large percentage of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.