NEX Forex Broker

Note: NEX's official website: https://www.nexmarkets.com/ is currently inaccessible normally.NEX Information NEX is an unregulated brokerage company registered in the United Kingdom. While the broker's website has been closed, so traders cannot obtain more security information.Is NEX Legit?Financial Conduct Authority(FCA)Current StatusSuspicious CloneRegulated by United KingdomLicense TypeInvestment Advisory LicenseLicense No.796812Licensed InstitutionCME Group Benchmark Administration Limited NEX is authorized and regulated by the Financial Conduct Authority(FCA), the current status is Suspicious Clone, which will increase trading non-compliance and reduce traders investment security. Caution is advised when dealing with NEX.Downsides of NEXUnavailable Website NEX's official website is currently inaccessible, raising concerns about its reliability and accessibility.Lack of Transparency Since NEX does not explain more transaction information, especially regarding fees and services, this will bring huge risks and reduce transaction security.Regulatory Concerns The FCA regulates NEX. However, the Suspicious Clone status is less safe than a regulated one.Conclusion NEX Since the official website cannot be opened, traders cannot get more information about security services. In addition, the NEX status indicates that this brokers trading risks are high. Traders can learn more about other brokers through WikiFX. Information improves transaction security.