NexaCapital Trade is a broker site suspected of fraud. Its domain, www.nexacaptrade.com, was registered on April 12, 2024. The site claims to offer CFDs in forex, indices, precious metals, energy, commodities, and cryptocurrencies.
Company Background & Regulatory Status
According to publicly available information on www.nexacaptrade.com, NexaCapital Trade is authorized and regulated in multiple jurisdictions.
NexaCapital Trade (SC) Ltd. is a securities dealer registered in Seychelles with registration number 8423606-1 and is regulated by the Seychelles Financial Services Authority (FSA), license number SD025.
NexaCapital Trade B.V. is a securities intermediary registered in Curaçao with registration number 148698(0) and regulated by the Central Bank of Curaçao and Sint Maarten (CBCS), license number 0003LSI.
NexaCapital Trade (VG) Ltd. is authorized by the British Virgin Islands Financial Services Commission (FSC), registration number 2032226, with an investment business license number SIBA/L/20/1133.
NexaCapital Trade ZA (PTY) Ltd. is authorized by the Financial Sector Conduct Authority (FSCA) of South Africa as a financial services provider (FSP), registration number 2020/234138/07, FSP number 51024.
Additionally, the entity registered with the UK Companies House is NEXA CAPITAL TRADE HOLDINGS. LLC, registration number 2018AD947. It is also registered in Australia with an ABN number 2018AD947.
However, investigations reveal that there are no companies registered with number 2018AD947 in the UK Companies House or the Australian Business Register. There is also no record of NEXA CAPITAL TRADE HOLDINGS. LLC.
Further research indicates that the regulatory information mentioned on the NexaCapital Trade website actually belongs to the broker “Exness.”
Therefore, NexaCapital Trade (www.nexacaptrade.com) is a fraudulent site with no legitimate company entity, using another broker's regulatory information.
Trading Products
NexaCapital Trade claims to provide trading services in a variety of financial derivatives including forex, indices, precious metals, energy, commodities, and cryptocurrencies.
- Forex: The forex market is the world's largest financial market, primarily trading currency pairs like EUR/USD and USD/JPY. Profits are made through fluctuations in exchange rates, influenced by global economic data, central bank policies, and geopolitical events.
- Indices: Indices reflect the overall market performance of a group of stocks, such as the S&P 500 or NASDAQ. Investors can trade index funds or CFDs to bet on overall market trends, making indices a way to gauge market or industry health.
- Precious Metals: Precious metals like gold, silver, and platinum are often viewed as safe-haven assets, especially during economic uncertainty. The precious metals market allows investors to hedge against inflation and currency devaluation through spot markets, futures, or ETFs.
- Energy: The energy market includes major commodities like oil and natural gas. Oil prices are influenced by supply-demand dynamics, geopolitical events, and global economic activity, making it a key economic indicator. Investors participate via futures contracts or CFDs.
- Commodities: Commodities cover agricultural products (corn, coffee, wheat), industrial metals (copper, aluminum), and soft commodities. The market is highly volatile, impacted by weather, global economy, and supply chains. Investors can trade via futures or spot markets.
- Cryptocurrencies: Cryptocurrencies like Bitcoin and Ethereum are digital assets based on blockchain technology. The cryptocurrency market is relatively new and highly volatile. Investors profit by buying and selling cryptocurrencies or their derivatives, influenced by technological advancements, regulatory changes, and market demand.
Account Opening Process
The steps to open an account with NexaCapital Trade are as follows:
- Visit www.nexacaptrade.com and click on "START LIVE TRADING" or the "SIGNUP" button at the top right to access the account application page.
- Fill in your name, email, and set a login password in the application form. Submit the form to create the account.
- Log in to the account and complete the KYC verification process to start trading.
Trading Account Information
NexaCapital Trade claims to offer four different investment plans: Basic, Silver, Premium, and VIP.
Basic:
- Investment Amount: $1,000—$10,000
- Expected ROI: 15.2% within 24 hours
- Option to copy beginner traders
Silver:
- Investment Amount: $10,000—$50,000
- Expected ROI: 18.5% within 24 hours
- Option to copy professional traders
Premium:
- Investment Amount: $50,000—$150,000
- Expected ROI: 25.5% within 24 hours
- Option to copy expert traders
VIP:
- Investment Amount: Starting from $150,000
- Expected ROI: 35.2% within 24 hours
- Option to copy expert traders
Additionally, trading cycles are divided into short-term (monthly) and long-term (annual).
Trading Platform and Deposits/Withdrawals
NexaCapital Trade claims to offer the MT4/MT5 trading platform, but no information about this broker is found on the MT4/MT5 platform. Additionally, the broker only supports deposits and withdrawals via cryptocurrency.
Conclusion
Traderknows reminds investors that NexaCapital Trade (www.nexacaptrade.com) has no legitimate company entity, no regulatory oversight, and misuses other brokers' regulatory information, making it an illegal site.
Investors should carefully consider their options and prioritize regulated, transparent companies to ensure their funds' safety and reduce investment risks.
