Nextageasset is a contract for difference (CFD) broker registered on April 4, 2024. This broker offers a wide range of trading markets through platforms such as MT4, MT5, and cTrader, including forex, commodities, indices, bonds, digital currencies, stocks, futures, etc. It does not provide services to jurisdictions that may be in violation of local laws or regulations.
Corporate Registration and Regulatory Status:
The official website logo of nextageasset displays the brand name "NEXTAGEASSET BROKER", yet throughout the actual content, it refers to itself as IO.Next Age Asset. Additionally, clicking on “Regulation” on the broker's website brings up a page titled “Why nextageasset”, and at the bottom of this page, its brand name is listed as "Wealth For Homes Best Trading", with very little mention of "nextageasset" throughout the site.
Furthermore, at the bottom of the broker's website page, it shows that IO.Next Age Asset is regulated by the Financial Services Administration (FSA) of San Diego, California, with the securities dealer license number SD018.
In fact, there is no such entity as the San Diego, California, Financial Services Administration (FSA). Upon verification, the regulatory information provided by the broker's website was found to have been misappropriated from IC Markets, which is registered with the Seychelles Financial Services Authority (FSA) under the entity Raw Trading Ltd, with license number SD018.
Account Opening:
To open an account with nextageasset: navigate to the homepage of the broker's website, click on “Sign up” at the top right corner of the webpage to access the account registration page, fill in personal information such as name, email address, phone number, and set a login password, then submit. Once submitted, the account is successfully registered.
Trading Plans:
Nextageasset offers four different types of trading plans: STARTER PLAN, PREMIUM PLAN, SIX MONTHS PLAN, PARTNERSHIP PLAN.
STARTER PLAN:
- Trading period: 3 days
- Minimum opening amount: $200
PREMIUM PLAN:
- Trading period: 5 days
- Minimum opening amount: $1,000
SIX MONTHS PLAN:
- Trading period: 6 months
- Minimum opening amount: $10,000
PARTNERSHIP PLAN:
- Trading period: 2 years
- Minimum opening amount: $501,000
Trading Platforms:
Nextageasset's official website claims to offer trading platforms such as MT4, MT5, and cTrader, but does not provide relevant download links, and these platforms do not list a broker by the name of nextageasset.
Deposits and Withdrawals:
Nextageasset supports deposits and withdrawals using credit/debit cards, e-wallets, bank transfers, etc.
Conclusion:
Traderknows warns investors that nextageasset is actually a clone scam site that copies the broker IC Markets. Investors are advised to choose brokers with transparent information, strong regulation, and good reputation for their investment and trading activities to avoid unnecessary financial losses.
Currently, this broker is marked as a "Scam" on Traderknows.
