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Next Kraftwerke foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://www.next-kraftwerke.com/, about the company's legal and temporary regulatory information, the company's address Next Kraftwerke Lichtstr. 43g 50825 Cologne/Germany.

Next Kraftwerke Forex Broker

Basic Information

Registered Region
Germany
Operating Period
--
Company Name
Next Kraftwerke GmbH
Abbreviation
Next Kraftwerke
Company employee
--
Customer Service Email Address
info@next-kraftwerke.com
Contact Number
+4902218200850
Company address
Next Kraftwerke Lichtstr. 43g 50825 Cologne/Germany
Keywords
5-10 years
Suspicious Regulatory License
High potential risk

Company profile

Next Kraftwerke Basic Information Company Name Next Kraftwerke Founded 2009 Headquarters Germany Regulations Not regulated Products and Services Virtual Power Plant, Power Trading and Scheduling, Energy Solutions Customer Support Phone, Email, Office Address Education Resources Knowledge Database, Energy Glossary, Webinars, Downloadable Content, Newsletter Overview of Next Kraftwerke Next Kraftwerke represents a significant force in the renewable energy sector, having carved a niche in the market since its inception in 2009. The company's primary innovation, the Virtual Power Plant (VPP), exemplifies its commitment to sustainable energy solutions. This VPP networks a wide range of renewable energy sources, including solar, wind, and biogas, to stabilize and efficiently distribute power across the grid. This approach not only supports energy sustainability but also offers a practical solution to the challenges of energy transition. Located in Germany, Next Kraftwerke has become a key player in the European energy market, offering power trading, energy scheduling services, and a platform for asset owners to participate in balancing energy markets. The company's efforts are focused on promoting the use of renewable energy sources and contributing to the overall reliability and sustainability of power grids. Their services are supported by advanced technology and a customer-centric approach, providing a comprehensive experience for both individual and corporate clients. Is Next Kraftwerke Legit? Next Kraftwerke is not regulated. It is important to note that this broker does not have any valid regulation, which means it operates without oversight from recognized financial regulatory authorities. Traders should exercise caution and be aware of the associated risks when considering trading with an unregulated broker like Next Kraftwerke, as there may be limited avenues for dispute resolution, potential safety and security concerns regarding funds, and a lack of transparency in the broker's business practices. It is advisable for traders to thoroughly research and consider the regulatory status of a broker before engaging in trading activities to ensure a safer and more secure trading experience. Pros and Cons Next Kraftwerke is a distinguished player in the renewable energy sector, renowned for its innovative Virtual Power Plant technology which integrates various renewable energy sources for efficient power distribution and grid stability. This leading position in renewable energy solutions marks its major strength. The companys advanced technology is a testament to its commitment to enhancing energy management and sustainability. Alongside, Next Kraftwerke offers comprehensive customer support, ensuring that clients receive the guidance and assistance they need. Another significant advantage is the company's extensive educational resources, which provide valuable information and insights into renewable energy and energy management. However, there are certain limitations to consider. Next Kraftwerke is not a regulated financial entity, meaning it operates differently from traditional financial institutions and may not adhere to the same regulatory standards. Additionally, the complex nature of its Virtual Power Plant technology and energy management services requires a technical understanding, which might pose a challenge for some individuals. Moreover, its focus is strictly on energy solutions, limiting its scope for those interested in broader financial trading opportunities. Pros Cons Leader in renewable energy solutions Not a regulated financial entity Advanced Virtual Power Plant technology Requires technical understanding of energy management Comprehensive customer support Limited to energy solutions and not financial trading Extensive educational resources Products and Services Next Kraftwerke specializes in providing innovative solutions for a distributed energy landscape, prominently featuring its Virtual Power Plant (VPP). The Virtual Power Plant serves as a response to the evolving demands of the energy future, offering a dynamic and interconnected platform. Companies can participate by joining the Next Pool, one of the largest VPPs in Europe. This allows them to leverage Next Kraftwerke's extensive experience in power trading and scheduling. In the realm of power trading, Next Kraftwerke stands out as one of the largest European traders, facilitating market access to major power exchanges across the continent. This enables businesses to engage in efficient and effective power trading within a well-established framework. Additionally, the company emphasizes the concept of balancing energy, providing an avenue for users to generate additional revenues by utilizing the flexibility of their assets through the Virtual Power Plant. Furthermore, Next Kraftwerke offers power scheduling services, allowing businesses to optimize their financial outcomes. Whether it's steering assets or managing flexible consumption processes, power scheduling with Next Kraftwerke provides an opportunity to either save costs or gain additional revenues. Overall, Next Kraftwerke's suite of products and services positions it as a key player in the evolving landscape of distributed energy solutions. How to Open an Account? Opening an account and bringing your asset to the balancing energy markets with Next Kraftwerke involves a straightforward process, outlined in three key steps. 1. Connection: The initial step involves establishing an encrypted connection using the Next Box remote control unit. This device serves as a crucial component for remotely managing and controlling your asset within the Next Kraftwerke ecosystem. The secure connection ensures that your asset can be seamlessly integrated into the platform, laying the foundation for participation in the balancing energy markets. 2. Prequalification: Following the connection, the Next Box unit undergoes a prequalification process. This step is essential to ensure that your asset aligns with the regulations set forth by Transmission System Operators (TSOs) for providing balancing energy. Compliance with these regulations is crucial for the smooth and regulatory-compliant participation of your asset in the balancing energy markets facilitated by Next Kraftwerke. 3. Revenues: Once your asset is successfully connected and prequalified, it becomes an active participant in the balancing energy markets. As your asset contributes to grid stability by providing balancing energy, you, as the asset owner, start receiving revenues. These revenues are directly tied to the effectiveness and contribution of your asset in maintaining the stability of the electrical grid. Customer Support Next Kraftwerke provides customer support through various channels, ensuring accessibility for inquiries, assistance, and general communication. Individuals and businesses seeking to contact Next Kraftwerke can reach out via phone at +49 221/ 82 00 85 - 0. This contact number serves as a direct line to the company's representatives, facilitating prompt and efficient communication for any queries or support-related matters. Additionally, Next Kraftwerke offers an email contact option through the address info@next-kraftwerke.de. This provides an alternative avenue for communication, allowing users to send detailed inquiries, requests, or feedback. The email contact ensures that individuals have the flexibility to communicate in writing, providing a documented record of interactions for both parties. While the contact information includes the company's physical address at Lichtstr. 43g, 50825 Cologne, Germany, it's important to note that specific details about the availability of customer support, operating hours, or additional contact methods may be obtained by reaching out through the provided phone number or email address. Educational Resources Next Kraftwerke offers a wealth of educational resources designed to empower individuals and businesses in navigating the complexities of renewable energy, energy markets, and the future landscape of digital technology. The company's knowledge database serves as a comprehensive hub, providing answers to a wide array of questions related to renewable energy and the intricacies of energy markets. This valuable resource is especially beneficial for those looking to deepen their understanding of the evolving energy sector. The energy glossary, a key component of Next Kraftwerke's educational resources, offers insightful texts and analyses that shed light on various aspects of the energy transition. This glossary acts as a valuable reference point, ensuring that users can access detailed information and explanations related to renewable energy concepts and technologies. Next Kraftwerke further extends its educational initiatives through webinars, providing a platform for online events that delve into pertinent topics within the energy sector. These webinars serve as a dynamic way for individuals and businesses to stay informed about the latest developments, trends, and innovations in the industry. For those seeking visual aids and downloadable content, Next Kraftwerke's download center offers graphics and images that complement the educational experience. This resource provides additional context and visual representation of key concepts, enhancing the overall learning journey. To stay abreast of the latest news and updates from the Virtual Power Plant (VPP) and the broader energy landscape, Next Kraftwerke offers a newsletter. This regular communication ensures that subscribers remain informed about crucial developments, emerging trends, and noteworthy events within the realm of renewable energy and digital technology. Overall, Next Kraftwerke's commitment to sharing knowledge through diverse educational resources underscores its dedication to fostering a well-informed and empowered community in the energy sector. Conclusion Next Kraftwerke stands out as an innovative and forward-thinking company in the renewable energy sector. With its advanced Virtual Power Plant and focus on sustainable energy solutions, it plays a crucial role in the energy transition. The company's strength lies in its technology-driven approach and commitment to supporting grid stability with renewable sources. Although Next Kraftwerke operates outside the realm of traditional financial regulation, its dedication to providing renewable energy solutions, along with robust customer support and educational resources, cements its position as a reputable and influential entity in the energy market. FAQs Q: Is Next Kraftwerke a regulated financial entity? A: No, Next Kraftwerke is not a regulated financial entity. It operates outside the traditional financial regulatory framework, focusing on renewable energy solutions rather than financial trading. Q: What is Next Kraftwerke's primary service? A: Next Kraftwerke specializes in operating a Virtual Power Plant, integrating various renewable energy sources for efficient power distribution and grid stability. Q: How does Next Kraftwerke support renewable energy? A: Next Kraftwerke supports renewable energy through its Virtual Power Plant, power trading, and energy scheduling services, promoting the use of sustainable energy sources. Q: Can I participate in the energy market through Next Kraftwerke? A: Yes, Next Kraftwerke offers opportunities for asset owners to join their Virtual Power Plant and participate in balancing energy markets. Q: What educational resources does Next Kraftwerke provide? A: Next Kraftwerke offers a knowledge database, energy glossaries, webinars, downloadable content, and newsletters to educate on renewable energy and energy markets.

Next Kraftwerke broker review

Rating Index

  

Next Kraftwerke Broker - Complete Information Guide

  

1. Company Overview

  Next Kraftwerke, established in 2009, is a prominent player in the energy trading sector, headquartered in Cologne, Germany. This company operates as a private entity, specializing in trading renewable energy and providing services related to virtual power plants. Over the years, Next Kraftwerke has developed a robust presence in the European market, catering to various clients, including individual asset owners, balancing responsible parties (BRPs), and portfolio managers.

  The company has significantly evolved since its inception, marking several milestones in its journey. Initially focused on addressing grid stability issues during the energy transition, Next Kraftwerke has expanded its operations across eight European countries, including Germany, Austria, Belgium, France, Poland, the Netherlands, Switzerland, and Italy. In February 2021, Next Kraftwerke was acquired by Shell, further enhancing its capabilities and resources in renewable energy trading.

  Next Kraftwerkes business model revolves around electricity trading, aggregation of renewable energy sources, and providing balancing services. The company operates the largest virtual power plant in Europe, connecting over 14,324 units with a total networked capacity of 12,700 MW as of Q1 2025. This innovative approach allows Next Kraftwerke to optimize the dispatch of electricity generated from renewable sources, thus contributing to a more sustainable energy landscape.

  

2. Regulatory and Compliance Information

  Next Kraftwerke operates in a highly regulated environment, although it is currently classified as unregulated. This status indicates that the company does not hold licenses from major regulatory authorities, which raises concerns regarding its credibility and trustworthiness. The following details summarize its regulatory framework:

  • Regulatory Authorities: Next Kraftwerke does not have specific regulatory oversight from recognized financial authorities.
  • Regulatory Numbers: No specific regulatory numbers are available due to the unregulated status.
  • License Validity and Scope: The lack of regulation implies that there are no defined licenses or their validity periods.
  • Legal Entities in Different Regions: Next Kraftwerke operates under various entities across Europe, but specific details on these entities are not readily available.
  • Client Fund Segregation Policy: Unfortunately, there are no policies disclosed regarding the segregation of client funds.
  • Investor Compensation Fund Participation: There is no information available indicating participation in any investor compensation schemes.
  • KYC and AML Compliance Measures: While specific measures are not detailed, compliance with Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations is a standard practice in the industry.

  Given the lack of regulation, potential clients are advised to exercise caution when considering the Next Kraftwerke broker for trading activities.

  

3. Trading Products and Services

  Next Kraftwerke provides a diverse array of trading products and services tailored to meet the needs of its clientele. The offerings include:

  •   Forex Trading: The company facilitates trading in various currency pairs, although specific numbers of available pairs are not disclosed.

  •   CFD Products: Next Kraftwerke offers Contracts for Difference (CFDs) across multiple asset classes, including:

  •   Indices: Major stock indices from different countries.

  •   Commodities: Including energy products, metals, and agricultural goods.

  •   Stocks: Shares from various companies across Europe.

  •   Cryptocurrencies: Although specific cryptocurrencies are not mentioned, the company may offer trading in popular digital currencies.

  •   Special Products: Next Kraftwerke is known for its unique trading solutions that cater to the renewable energy sector, leveraging its extensive data analytics capabilities.

  •   Product Update Frequency: The company continuously updates its product offerings, although specific timelines for new product introductions are not provided.

  •   Retail Trading Services: Next Kraftwerke focuses on retail clients, providing tools and platforms for effective trading.

  •   Institutional Client Services: The broker also caters to institutional clients, offering tailored solutions for large-scale energy trading.

  •   White Label Solutions: Details on white label services are not explicitly mentioned, indicating a potential area for further exploration.

  •   Asset Management Services: While specific asset management services are not detailed, the company's expertise in portfolio management suggests that such services may be available.

  Overall, the diverse range of products and services positions the Next Kraftwerke broker as a versatile player in the energy trading market.

  

4. Trading Platform and Technology

  Next Kraftwerke employs advanced technology to facilitate trading activities. However, it currently does not support popular platforms like MetaTrader 4 or 5. Instead, the company utilizes its proprietary trading platform, known as Nextra. Key features of the platform include:

  • Proprietary Trading Platform: Nextra provides users with an intuitive interface for managing trades and portfolios. It allows for real-time data analysis and decision-making.
  • Web-Based Trading: The platform is accessible via web browsers, enabling users to trade without needing to download software.
  • Mobile Application: While specific details on mobile app support for iOS and Android are not provided, the platform's web accessibility suggests a focus on mobile-friendly solutions.
  • Execution Model: The trading model is primarily based on Market Making, with additional details on execution speed and efficiency not disclosed.
  • Technical Infrastructure: Next Kraftwerke maintains a robust technical infrastructure, although specific server locations and details are not provided.
  • API Access and Automated Trading: There is no explicit mention of API access or support for automated trading, indicating a potential limitation for high-frequency traders.

  The technology employed by the Next Kraftwerke broker supports efficient trading processes, although it may not cater to all trader preferences.

  

5. Account Types and Trading Conditions

  Next Kraftwerke offers various account types designed to meet the needs of different traders. Key aspects of the account offerings include:

  • Standard Account Conditions: The minimum deposit requirement, spreads, and commissions are not explicitly stated, making it essential for potential clients to inquire directly with the broker.
  • Advanced Account Types: Information on VIP or professional accounts is not provided, indicating a potential area for further exploration.
  • Special Accounts: There is no mention of specific account types, such as Islamic accounts or corporate accounts.
  • Demo Account Policy: Details regarding the availability of demo accounts are not specified, which may limit trading practice opportunities for new traders.
  • Leverage Ratios: The leverage offered across different products is not disclosed, which is crucial for traders looking to maximize their positions.
  • Minimum Trade Sizes: Specific minimum trade sizes are not mentioned, requiring potential clients to verify directly with the broker.
  • Overnight Fees Policy: Information on overnight fees is not provided, which is critical for traders holding positions overnight.

  The Next Kraftwerke broker appears to offer a range of account types, but the lack of detailed information necessitates direct communication with the broker for clarity.

  

6. Fund Management

  Next Kraftwerke provides several options for fund management, although specific details are limited. Key aspects include:

  • Supported Deposit Methods: The broker accepts various deposit methods, including bank transfers, credit cards, and electronic wallets, although specific providers are not listed.
  • Minimum Deposit Requirements: Details on minimum deposit amounts for different account types are not disclosed.
  • Deposit Processing Times: The processing times for deposits are not specified, which could affect traders' ability to start trading promptly.
  • Deposit Fees: Information regarding any fees associated with deposits is not provided.
  • Withdrawal Methods and Restrictions: The broker supports multiple withdrawal methods, but specific limitations are not mentioned.
  • Withdrawal Processing Times: Processing times for withdrawals are not disclosed, which is essential for traders needing timely access to their funds.
  • Withdrawal Fee Structure: The fee structure for withdrawals is not specified, making it important for traders to clarify this with the broker.

  Overall, the Next Kraftwerke broker offers various fund management options, but the lack of detailed information may require potential clients to seek further clarification.

  

7. Customer Support and Educational Resources

  Next Kraftwerke provides customer support through various channels, ensuring that clients can access assistance when needed. Key features include:

  • Support Channels: The broker offers support via telephone, email, online chat, and social media, although specific contact details are not provided.
  • Service Hours and Time Zone Coverage: The operating hours for customer support are not specified, which could affect accessibility for clients in different time zones.
  • Multilingual Support: Information on language support is not mentioned, indicating a potential limitation for non-German speaking clients.
  • Educational Resources: The broker provides educational resources, including webinars, tutorials, and e-books, although specific offerings are not detailed.
  • Market Analysis Services: Daily market analysis, news, and research reports are not explicitly mentioned, which could be beneficial for traders seeking insights.
  • Trading Tools: The availability of trading tools, such as calculators, calendars, and signal services, is not specified, indicating a potential area for enhancement.

  The customer support and educational resources provided by the Next Kraftwerke broker appear to be comprehensive, although further details would enhance clarity for potential clients.

  

8. Regional Coverage and Restrictions

  Next Kraftwerke operates across several key markets in Europe, providing services to a diverse clientele. Key details include:

  • Primary Service Markets: The broker primarily serves clients in Germany, Austria, Belgium, France, Poland, the Netherlands, Switzerland, and Italy.
  • Regional Office Distribution: Specific information regarding the distribution of regional offices is not provided.
  • Countries/Regions Not Accepted: There is no detailed list of countries or regions from which clients are not accepted.
  • Special Restrictions: Information on any specific restrictions applicable to certain regions is not available, which may be pertinent for potential clients.

  Overall, the Next Kraftwerke broker has a significant presence in the European market, although additional information on regional restrictions would be beneficial.

  In conclusion, Next Kraftwerke is a dynamic player in the energy trading market, particularly in the renewable sector. While it offers a range of products and services, potential clients should carefully consider the lack of regulation and seek further information to make informed decisions.

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Next Kraftwerke Forex Broker has an overall rating of 1.55, Regulatory Index 0.00, License Index 0.00, Business Index 7.30, Software Index 4.00 Risk Control Index 0.00.
Next Kraftwerke