Nexvia Invest – It This a Broker You Should Trust?

| Publish date: 02/18/2020 (Last updated: March 24, 2020 02:32 AM)
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Stop! It’s a Scam! Your money is not safe if you are trading with this unregulated, off-shore broker.

Nexvia Invest - DO NOT TRADE WITH THIS PROVIDER
2.6/10
$100
Minimum Deposit
X

updated 2020

Nexvia Invest offers its clients the following types of accounts for trading purposes:

  • Bronze: A trader is required to make a first deposit of at least €300 to begin trading. The broker promises daily returns of 1.2% on all your trades.
  • Silver: You are required to make a first deposit of at least €1,500 to start trading. The broker promises daily returns of 1.5% on all your trades.
  • Gold: To trade on the Gold account you need to make a minimum first deposit of €7,000. The broker promises daily returns of 2% on all your trades.

We do not know what the leverage levels or spreads are on this broker’s platform.

Try these regulated brokers if you want to start trading cryptocurrencies

Plus500 Review - Regulated broker
Europe's #1 CFD Trading Platform

Plus500 is a FTSE 250 listed brokerage providing online trading services in CFDs, across 2,000+ securities and multiple asset classes.

Website URL: https://nexviainvest.co/

Founded: 2019

Regulations: Not Licensed

Languages: English, All Languages via Google Translate

Deposit Methods: Not Given

Minimum Deposit: €300

Free Demo Account: Not Available

Number of Assets: Not Given

Types of Assets: Cryptocurrencies

Trading Accounts and Conditions

Nexvia Invest offers its clients the following types of accounts for trading purposes:

  • Bronze: A trader is required to make a first deposit of at least €300 to begin trading. The broker promises daily returns of 1.2% on all your trades.
  • Silver: You are required to make a first deposit of at least €1,500 to start trading. The broker promises daily returns of 1.5% on all your trades.
  • Gold: To trade on the Gold account you need to make a minimum first deposit of €7,000. The broker promises daily returns of 2% on all your trades.

We do not know what the leverage levels or spreads are on this broker’s platform.

RDJR – Advantages

Despite trying to be as fair as possible, we have not been able to find anything of worth in terms of trading with Nexvia Invest. Therefore, we have left the advantages section empty.

Nexvia Invest – Disadvantages

Here is the complete list of disadvantages that trading with Nexvia Invest has:

  • Anonymous Website

There is next to no corporate information on Nexvia Invest’s website. We don’t know the name of the company that owns and operates this brokerage. The only piece of information that has been supplied is an address in Luxembourg.

With such little information, it is impossible to gauge the legitimacy of this broker.

What this means is that all clients of Nexvia Invest don’t really know who they are doing business with, and do not have any assurance that their funds will be handled responsibly by this broker. So, trading with this broker would put any customer’s funds at huge risk.

Plus500
$100
Minimum Deposit

Plus500 is a FTSE 250 listed brokerage providing online trading services in CFDs, across 2,000+ securities and multiple asset classes.

AvaTrade
$100
Minimum Deposit

The company was created as a combined effort of financial professionals and experts in web-commerce with the goal of perfecting the online experience for retail traders.

 

  • Lack of Regulation

We decided to check if this broker was regulated by the Commission de Surveillance du Secteur Financier, the financial authority in Luxembourg. After all, the only piece of information about the broker and the company that runs is the address mentioned in its website.

As expected, when we checked the online registry of the CSSF, there was no broker or company by the name of Nexvia Invest listed.

We can thus conclude that this broker is not regulated and is therefore operating illegally in the region.

  • Blacklisted by the UK FCA and Luxembourg CSSF

During our search for this broker’s regulatory status, we came across even more worrying news. Nexvia Invest has been blacklisted by the UK’s FCA (Financial Conduct Authority) as well as the CSSF as a clone firm that has copied not just the design but also the address of a regulated real-estate firm called Nexvia S.A. Nexvia S.A. is duly regulated by the CSSF in Luxembourg.

Both financial watchdogs have stated that this broker is not regulated by either authority and that Nexvia Invest is not authorized to offer financial services in either jurisdiction.

  • No Trading Conditions Presented

Another warning sign that Nexvia Invest is not a company that should be trusted is that this broker has not presented its clients with its trading conditions.

The only thing the website gives information about is the minimum deposit requirement for each of the account types and the so-called daily returns. Those daily returns figures are much to high to be realistic.

Beyond that, we do not know what the leverage levels offered are, or even what the spreads are on this broker’s platform.

Regulated and reliable brokers ensure that all trading conditions are transparently displayed, while scammers tend to hide such details.

So, the fact that Nexvia Invest has hidden such key details only emphasizes the fact that this broker is most probably a scammer and that all traders must avoid them.

  • No Trading Platform

Forget about the MT4 software. This broker doesn’t even have a real trading platform.

After we registered an account with this broker, we were taken to what appeared to be the client dashboard. There was no sign of a trading platform where live trades could be executed.

All you get is a live chart that seems to display real-time quotes on cryptocurrencies. However, when you look more carefully, you realize that even those quotes are actually being provided by a third-party. What this means is that these quotes do not reflect Nexvia Invest’s offer.

All of this means that this broker doesn’t really have a real platform. It has simply rigged its website to collect deposits from unsuspecting traders.

  • No Client Agreement

The Client Agreement, also known as the Terms and Conditions, is non-existent on this broker’s website. The Client Agreement is a legally binding document that outlines the relationship that will exist between the broker and its client.

It details the cost of transactions, conditions for withdrawal, terms of service and so on.

On Nexvia Invest’s website, there are no such details given. In effect, if you were to sign up with this broker, you are giving them a free hand to do whatever they like with your money – without feeling any repercussions whatsoever if they mishandle your money or scam you.

  • No Payment Methods Given

Clients need to know how they can deposit and withdraw their funds. However, with Nexvia Invest, you do not get – again – any information on the payment methods. Even the standard payment methods, such as credit and debit cards, bank transfers and popular e-wallets are missing. 

Conclusion

Nexvia Invest is not a broker that any trader should contract with. It is clearly a scam operation. So, if you do invest your money with this broker, be prepared to lose all your funds.

Nexvia Invest

2.6

User Experience

3.4/10

Payment Options

2.1/10

Security

2.5/10

Support

2.6/10

Reputation

2.3/10

Pros

  • None

Cons

  • Anonymous Website
  • Blacklisted by the UK FCA and Luxembourg CSSF
  • No Trading Conditions Presented
  • No Trading Platform
  • No Client Agreement

Do not trade with unregulated brokers that will steal your funds - try these regulated brokers:

Plus500
$100
Minimum Deposit

Plus500 is a FTSE 250 listed brokerage providing online trading services in CFDs, across 2,000+ securities and multiple asset classes.

AvaTrade
$100
Minimum Deposit

The company was created as a combined effort of financial professionals and experts in web-commerce with the goal of perfecting the online experience for retail traders.

eToro
$200
Minimum Deposit

eToro is a multi-asset platform which offers CFD and non CFD products. 66% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

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