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Nuxcoin Forex Broker provides real users with * positive reviews, * neutral reviews and 6 exposure review!

Nuxcoin Broker Review

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Nuxcoin Review 6

Latest All(6) Exposure(6)
Exposure
They scammed me out of 320 dollars.

At the Bitget Wallet broker with PancakeSwap, an individual contacted me on May 25, and warned me about a future coin, which was going to have a great growth rate and therefore a good profit, the day of the launch of the coin arrived. currency, and I was obviously able to deposit the money, even to make sure that it could be withdrawn I did it and it left me, which gave me confidence that I could keep the money and make greater profits. Hours passed and my 350 dollars became approximately 5000 thousand, to my surprise when I wanted to withdraw the profit I couldn't, no matter how much I tried with different methods it didn't let me, and from one day to the next the value of the currency fell and I lost everything. This fact affected me too much and I decided to forget about it and try to recover it as quickly as possible, but the mental pressure that I was left with made me perform very poorly both at home and at university. I hope that in some way it can be recovered, it is still a part of the money. Below I attach the evidence of the conversation with the guy, the money invested, the profits and when it reached 0.

FX3678184960
2024-06-04
Exposure
Nuxcoin.com

I have $600 retained in my wallet, he let me make 3 operations and then he asked me for a deposit to verify my profile. He asked me for a deposit of $164 and I did not take into account the transaction fees and I was not verified. I had to make another deposit that arrived. exactly $164 and it turns out that now because you have more than $500 you have to carry out another verification that asks you for a deposit of 0.012BTC, I think it is equivalent to $475, it is impossible to continue transferring money to be able to get my money out of that wallet. I need help getting my money out of that wallet.

FX4226669752
2024-05-31
Exposure
THEY WON'T LET ME WITHDRAW MY MONEY

I have 600 dollars held in my wallet on this page. I started with $171 and when withdrawing it asks for an AML verification where an exact transfer of 144 USDT must arrive, not a little more and not a little less. For 3 wrong transfers this wallet increased to 600 USD, towards the transfer and it did not verify it, I can attach the evidence. At first they explained to me that it was because I was not considering the 1% platform commission, but on the last platform I did everything perfectly with all the commissions considered (Binance and NuxCoin). Even after this, they did not verify my AML and it turns out that now with +500 USD in the wallet you must be premium to manage and withdraw accounts with this balance, a complete scam. My money is still held there, I need help. It should be noted that I got the error in all the transfers including the last one, now they use the premium version as an excuse to continue spending more.

FX2378341621
2024-05-30
Exposure

In the first 2 withdrawals everything was fine, then in the third they withheld my funds due to suspicious activity, asking me for a test transfer for AML verification, anti-money laundering. Which seems suspicious to me...

FX2443064207
2024-05-28
Exposure
I can't withdraw my money

I see that it is something that is unnecessary when asking for more money to verify an account, you already have to verify with the ID, telephone number and among others... but asking for more money, I feel that it could be a scam.

Rai923
2024-05-24
Exposure
The withdrawal never arrives, total fraud!!

My deposit to this platform was made as quickly as possible but when I tried to withdraw it has already been more than 2 days and it does not arrive, the maximum it has to take is 5 minutes. Total fraud... it says it is in process but there is no further progress!!

Rai923
2024-05-20

  

Nuxcoin 2025 Review: Everything You Need to Know

  Summary: Nuxcoin, a relatively new player in the cryptocurrency exchange market, has garnered mixed reviews from users and experts alike. While some users praise its user-friendly interface and robust security measures, others raise concerns about withdrawal issues and lack of transparency.

  Note: It's important to consider that Nuxcoin operates in various jurisdictions, which may lead to different regulatory implications. This review aims to provide a balanced overview based on multiple sources for fairness and accuracy.

  

Rating Overview

Category Rating
Account Conditions 4/10
Tools and Resources 6/10
Customer Service and Support 4/10
Trading Experience 5/10
Trustworthiness 3/10
User Experience 5/10

  How We Rated the Broker: Our ratings are derived from a comprehensive analysis of user reviews, expert opinions, and factual data available from multiple sources.

  

Broker Overview

  Nuxcoin was established in 2024, positioning itself as a cryptocurrency trading platform. The exchange offers a user-friendly interface that appeals to both novice and experienced traders. However, it lacks clarity regarding the regulatory body overseeing its operations, which raises questions about its legitimacy. Nuxcoin primarily facilitates cryptocurrency trading, although it also claims to offer forex and other financial instruments. The platform does not specify the trading software it employs, such as MT4 or MT5, which is a common feature among established brokers.

  

Detailed Section

  

Regulatory Environment

  Nuxcoin operates without clear regulatory oversight, which is a significant red flag. Users have reported issues with fund withdrawals and unresponsive customer support, leading to suspicions of fraudulent activity. The lack of transparency regarding its regulatory status makes it difficult for users to assess the safety of their investments.

  

Deposit/Withdrawal Options

  The platform does not provide comprehensive information about supported currencies for deposits and withdrawals. Users have expressed frustration over withdrawal issues, often citing delays and additional requirements that seem suspicious.

  

Minimum Deposit

  Details regarding the minimum deposit required to open an account with Nuxcoin remain vague. This lack of clarity can deter potential users who wish to understand the financial commitment involved before signing up.

  

Bonuses/Promotions

  Nuxcoin does not offer any significant bonuses or promotions, which is common among newer exchanges trying to establish themselves in a competitive market.

  

Tradable Asset Classes

  While Nuxcoin promotes a variety of tradable assets, including cryptocurrencies and forex pairs, user reviews indicate that the platform may not provide the depth of trading options available on more established exchanges. This limitation could hinder traders looking for a diverse portfolio.

  

Costs (Spreads, Fees, Commissions)

  The costs associated with trading on Nuxcoin are not clearly outlined. Users have reported hidden fees and unclear commission structures, which can lead to confusion regarding the actual cost of trading.

  

Leverage

  There is no definitive information regarding the leverage offered by Nuxcoin. This lack of information is concerning, as leverage can significantly impact trading strategies and risk management.

  

Allowed Trading Platforms

  Nuxcoin does not specify which trading platforms are supported, which is a common expectation among traders. Most established brokers offer platforms like MT4 or MT5, making this omission noteworthy.

  

Restricted Regions

  Information about restricted regions is not readily available, which can lead to complications for users in certain jurisdictions. This lack of transparency can result in unexpected account limitations.

  

Customer Service Languages

  User reviews indicate that customer support is lacking in responsiveness, with many users reporting difficulties in reaching support representatives. Additionally, the available languages for customer service are not specified, which may affect non-English speaking users.

  

Rating Overview (Revisited)

Category Rating
Account Conditions 4/10
Tools and Resources 6/10
Customer Service and Support 4/10
Trading Experience 5/10
Trustworthiness 3/10
User Experience 5/10

  

Detailed Breakdown

  •   Account Conditions: Users have expressed concerns about the lack of clarity regarding account types and minimum deposits, leading to frustration.

  •   Tools and Resources: While some users appreciate the platform's user-friendly interface, others note a scarcity of advanced trading tools that are essential for serious traders.

  •   Customer Service and Support: Reports of unresponsive customer support and difficulties in fund withdrawals significantly impact the trustworthiness of the platform.

  •   Trading Experience: Mixed reviews on trading execution and overall experience suggest that while some users find it satisfactory, others encounter issues that detract from their trading activities.

  •   Trustworthiness: The absence of regulatory oversight and frequent user complaints about withdrawal issues contribute to a low trust rating.

  •   User Experience: The platform's interface is praised for its simplicity, but the overall user experience is marred by issues related to customer support and withdrawal processes.

  •   In conclusion, while Nuxcoin has potential with its user-friendly interface and security measures, significant concerns regarding its trustworthiness, customer support, and withdrawal processes warrant caution for prospective users.

Nuxcoin review