Nexus Trade Review 2024
Minimum
deposit:
  • $20

Trading platform:

  • Proprietary platform

Nexus Trade Review 2024

Updated:
Updated: October 06, 2023
Your capital is at risk.

4.36

/

10

TU Overall Score
The purpose of creating the TU Overall Score is to make the search for secure and reliable brokerage companies easier for the visitors of our website. We believe that it is a very important mission as, unfortunately, not every company in the financial industry is worthy of trust.

According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
Minimum
deposit:
  • $20

Trading platform:

  • Proprietary platform
Trading features:
  • All major cryptocurrencies are presented, there are many pairs with fiat, Nexus Vault is a passive earnings program low fees

Summary of Nexus Trade Crypto Exchange

Nexus Trade is a cryptocurrency exchange with higher-than-average risk and the TU Overall Score of 4.36 out of 10. Having reviewed trading opportunities offered by the company and reviews posted by Nexus Trade clients on our website, Traders Union expert Anton Kharitonov recommends users to consider a more reliable broker with better conditions, as, according to reviews, many clients of this broker are not satisfied with the company’s work. Nexus Trade ranks 44 among 170 companies featured in the TU Rating, which is based on the evaluation of 100+ criteria.

Nexus Trade is a versatile trading platform intended for trading a vast array of cryptocurrencies, tokenized assets, and currencies. Exchange operations are carried out for dozens of crypto-crypto and crypto-fiat pairs. The exchange does not have an affiliate program or standard investment programs. However, the user can passively earn money by storing cryptocurrencies in a multicurrency wallet.

NOTE!

If you are planning to trade cryptocurrencies, and not just keep your savings in crypto wallets, we recommend that you choose one of the top brokers with reliable regulation and access to trading crypto CFDs. This type of trading will help you avoid holding your cryptocurrency in e-wallets of exchanges, which quite regularly get hacked. Also, availability of leverage will allow you to trade crypto CFDs for amounts much higher than your deposit.

Traders Union experts recommend considering Top 3 companies from our rating:

Start Trading with RoboForex
Your capital is at risk.
Editorial Note: While we adhere to strict Editorial Integrity, this post may contain references to products from our partners. Here's an explanation for How We Make Money. We are unable to verify the validity of reviews and publish all reviews, both positive and negative, in accordance with the Users Reviews Policy.

The Nexus Trade exchange is a platform for trading cryptocurrencies such as Bitcoin, Ethereum, Litecoin, Stellar, Zcash, stablecoins, etc., and tokenized assets; as well as currencies. The US dollar, Australian dollar, euro, Japanese yen, pound sterling, and other world currencies are represented among the fiat funds on the platform. The crypto exchange offers proprietary software, which comprises a trading platform (web version only) and a versatile multi-currency wallet with the ability to permanently receive interest from cryptocurrency storage (Nexus Vault). The trading terminal has a simplistic interface and a top-notch level of security. Its service systems are constantly being tested and improved at Amazon and Cloudflare.

💰 Account currency: Multi-wallet (cryptos, currencies)
🚀 Minimum deposit: $20
⚖️ Leverage: 1:1
💱 Spread: Market
🔧 Instruments: Cryptos, currencies
💹 Margin Call / Stop Out: No

👍 Advantages of trading with Nexus Trade:

  • the platform has a user-friendly trading terminal;
  • top-drawer protection of user data;
  • the most popular cryptocurrencies and tokenized assets;
  • loads of pairs with fiat funds;
  • all main channels for depositing/withdrawing funds are available;
  • Nexus Vault for passive earnings on cryptocurrency;
  • low trading fees (minimum — 0.05% at the fifth trading level).

👎 Disadvantages of Nexus Trade:

  • absence of call center;
  • there are no tutorials;
  • no license information.

Evaluation of the most influential parameters of Nexus Trade

User Satisfaction Customer Satisfaction Score (CSAT) is a unique metric of Traders Union based on the analysis of user reviews posted on pages of each broker profile by the visitors of our website from all around the world. We have been collecting these broker reviews for over 13 years, and therefore, we know and understand the level of customer satisfaction with a specific brokerage company better than anyone else.

3.35

/10

Commissions and fees This parameter comprises a comprehensive analysis of all commissions and fees charged by a brokerage company, including trading and deposit/withdrawal fees. Also specific fees, for example the inactivity fee, are taken into account in the final score for the fees. Users can find detailed fees charged by a company in the broker’s profile.

6.50

/10

Trading instruments For this parameter, we evaluate the number of trading assets a broker offers access to in each group of financial instruments. We analyze the quotes a broker offers on Forex pairs, metals, indices, commodities, stocks, and cryptocurrencies. This parameter also includes evaluation of broker’s investment programs, for example access to copy trading, which we regard as an additional type of a trading instrument.

6.28

/10

Brand popularity Traders Union experts are confident that brand awareness mostly fully reflects the real state of affairs in a company – the more popular the broker, the more people trust it. The score for this indicator is based on the data analysis of such services as Ahrefs and SemRush, which show how often a company’s brand is searched on Google. In addition, indicators of the SimilarWeb service, which show the approximate number of visitors of the broker’s website, are also taken into consideration. We also review disclosed official reports of brokers, which allow for evaluating their client base.

6.44

/10

Customer support The score of this parameter is based on the number of available communication channels of a company’s support service. The quicker and easier it is to contact the broker’s support, the higher the score. We check every available support channel, test the speed of processing of requests and completeness of provided information through several interactions.

6.80

/10

Education This parameter provides an evaluation of a company’s capacity to work with beginners. Only quality training and provision of full and unbiased information can help novice traders and investors minimize the risks of losing money, even when working with top-ranked companies. Brokers with useful educational and informational tools, including webinars, tutorials, podcasts and articles, receive higher scores.

7.02

/10

NOTE!

Do not miss a chance to get additional monthly bonuses and payouts for trading at Nexus Trade cryptocurrency exchange.

Login preview

Enter the referral code when you register on the website or Nexus Trade app.

tradersunion

Login preview

*TU may receive partnership reward for registration of the client on the company’s website on a referral link.

Your capital is at risk.

Geographic Distribution of Nexus Trade Traders

Popularity in

92%
US
United States
2.1%
SE
Sweden
2.1%
NO
Norway
2.1%
DK
Denmark
2.1%
PL
Poland
2.1%
ID
Indonesia
2.1%
AU
Australia
2.1%
PH
Philippines
2.1%
AR
Argentina
2.2%
Others
Others

Video Review of Nexus Trade i

Nexus Trade Latest Comments for 2023 i

21 comments
Total score:
5.3 /10

Share your experience

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TsoTne
5 weeks ago

My experience with Nexus Trade was largely disappointing. The platform's performance proved to be inconsistent, with frequent lags and delays in executing trades, which significantly hindered trading activities and resulted in missed opportunities.

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mschowdhury
49 weeks ago

Nexus Trade is not profitable, and there is no comfort, it is difficult to contact support, and I had a lot of questions that I wanted to get answers to. But no one got in touch. Also, the performance was not pleased, the speed is low. In short, I did not stay with this company.

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andrewhj11
1 year ago

The Nexus crypto broker does not suit me, I do not like trading with it. I have been trading here for 3 months, but I plan to leave. When I was just studying, everything was fine, but in reality, the advice of a company employee works in the opposite direction. And I don't have much experience yet. But I feel that they want to deceive me.

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Alexeyei
1 year ago

Money is not withdrawn, information is not given, the specified phones are fake. Another kidalovo.

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thomasOi
1 year ago

The company is a scam, I don’t advise you to contact them, I earned 8000 from them, so they didn’t let me withdraw a penny. set me new conditions for the robots. It would be better if I invested somewhere in another company and would be in chocolate.

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aliemurtadha
2 years ago

Nexus Trade is a crypto exchange that offers excellent conditions for both professionals and novice traders. I am a professional and noted here the trading platform and the wide range of assets. My wife is a novice trader, and without my help, she figured out the terminal in just a day. In terms of commissions, everything is also excellent here: no matter how much you trade, the fee will be approximately the same. The only exception is for exotics, where the commission is slightly higher, but exotic pairs, again, are available to everyone.

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greatorchid
2 years ago

Small amounts are withdrawn, when you request a decent amount - go through verification, write, although it is passed. I am definitely leaving them.

Expert Review of Nexus Trade

Nexus Trade crypto exchange is UK-based, and the official website provides full legal information about the founders and the status of the company. However, there is no evidence of a license to carry out activities related to the trade of cryptocurrencies and tokenized assets.

Functionally, the site works stably. Typical KYC registration uses minimum time. After verification, the user receives a personal account with a universal multi-currency wallet at the client’s disposal. The trading terminal is presented only by the browser version through the website. The terminal is standard, similar to the terminals of most other cryptocurrency exchanges.

There are phenomenal on-site features such as low fees, from 0.05 to 0.22%, depending on the trading level and volatility. An additional fee is imposed on exotic cryptocurrencies and fiat currencies. You can deposit and withdraw funds by almost any method. The minimum deposit is US$20 (or the equivalent in other currency).

Trading volumes are high, the exchange is ground-breaking because new assets are constantly being added. There are proprietary products such as exchange Vaults and White-Label. Vaults are intended for deposits but the user can reserve a part of the cryptocurrency in his account for the partners of the site to use. For this, the site pays daily interest, starting from the 25th day. The user can still use the reserved funds at any time, they are not blocked. The White-Label solution is designed for private crypto exchanges.

The lack of license data is an obvious disadvantage, but the Nexus Trade exchange fulfills its obligations to traders and offers favorable trading conditions.

Anton Kharitonov

Anton Kharitonov

Financial expert and analyst at Traders Union

Dynamics of Nexus Trade’s popularity among
Traders Union’s traders, according to 2023 data

Logo TU
20,0%
Top 3
10,0%
Top 5
7,0%
Top 10
5,0%
Top 20
1,0%
Top 40
0,5%
Top 100
0,2%
Top 100+
0,05%
Jan.
Feb.
Mar.
Apr.
May.
Jun.
Jul.
Aug.
Sep.
Oct.
Nov.
Dec.

Investment Programs, Available Markets, and Products of the Crypto Exchange

Nexus Trade crypto exchange does not offer standard investment programs. However, traders can receive passive earnings if they activate the Nexus Vault feature. This is the company's development fund, the essence of which is to provide the trader's CeFi and DeFi coins to trusted exchange partners for their personal use.

Partners are screened through a risk management system that reviews the collateral management process, cash flows, balance sheets, and financial statements. The automated risk management Nexus Trade system monitors positions around the clock and can withdraw a loan promptly. The treasury system manages reserve balances to facilitate the withdrawal of clients' funds from vaults.

Reserved funds allow you to receive daily interest starting from the 25th day of the reservation. The interest payments are 11% for stablecoins, 6.5% for BTC and ETH. To participate in the program, you must complete the following steps:

  • Register on the Nexus Trade website.

  • Pass a thorough KYC verification.

  • Fund your account using fiat, stablecoins, or cryptocurrency.

  • Select a rate for the Nexus Vault.

  • Select the amount of investment.

  • Confirm the transfer.

After that, the program is automatically activated and after 25 days it will start bringing you interest. The reserved funds are not subject to blocking. This means that you can withdraw them at any time, but only the full amount, not part of it. The 25-day period is reset at this stage, and the next time you enter the passive earnings option, the Nexus Vault becomes relevant again.

Important!

If you are a large investor and plan on investments over $10,000, contact us at vip-invest@tradersunion.com or by the feedback form on our website. Our professional team will take you through all the intricacies of the deal and all the steps from signing up to withdrawal of profits.

Nexus Trade’s affiliate program

The Nexus Trade crypto exchange does not provide affiliate (referral) programs. Site users can only earn on the purchase and sale of cryptocurrency, tokenized assets, and fiat. The only passive earning option is the contribution of CeFi and DeFi coins to the Nexus Vault.

Trading Conditions for Nexus Trade Users

At Nexus Trade you can make a deposit not only in US dollars but also in any other currency or cryptocurrency, the amount will be equivalently recalculated. There are no fees for entering. The exchange provides the opportunity for free trading using any trading strategies but does not provide leverage, stop loss or take profit functions, or any other instruments that facilitate trading to increase income. Communication with technical support is conducted only through the ticket system in the corresponding section of the site. The table below shows the detailed trading conditions:

$20

Minimum
deposit

1:1

Leverage

24/7

Support

💻 Trading platform: Proprietary platform
📊 Accounts: Standard
💰 Account currency: Multi-wallet (cryptos, currencies)
💵 Replenishment / Withdrawal: Bank cards and accounts, crypto and e-wallets
🚀 Minimum deposit: $20
⚖️ Leverage: 1:1
💼 PAMM-accounts: No
📈️ Min Order: Zero-entry
💱 Spread: Market
🔧 Instruments: Cryptos, currencies
💹 Margin Call / Stop Out: No
🏛 Liquidity provider: No
📱 Mobile trading: No
➕ Affiliate program: No
📋 Orders execution: Not indicated
⭐ Trading features: All major cryptocurrencies are presented,
there are many pairs with fiat,
Nexus Vault is a passive earnings program low fees
🎁 Contests and bonuses: Not indicated
Your capital is at risk.

Broker comparison table of trading instruments

Nexus Trade Bybit OKX XT.com CoinEx LATOKEN
Forex No No No No No No
Metalls No No No No No No
Crypto Yes Yes Yes Yes Yes Yes
CFD No No No No No No
Indexes No No No No No No
Stock No No No No No No
ETF No No No No No No
Options No No No No No No

Nexus Trade Commissions & Fees

Information
The Nexus Trade exchange charges users a fixed fee on trading operations. The amount of the fee depends on the trading level, which is determined by the trading volume. There are the following levels and their corresponding fees (trading volumes are indicated in US dollars):

  • 0-4,999,999 — 0.22%;

  • 5,000,000 — 0.19%;

  • 10,000,000 — 0.15%;

  • 15,000,000 — 0.10%;

  • 30,000,000 — 0.05%.

If you do not trade BTC, ETH, LTC, BCH, XRP, or XLM, but other cryptocurrency assets, the site considers them exotic. Exotic crypto-assets are subject to an additional fee of +0.02%, which is added to the base fee.

If you do not trade USD, EUR, or JPY, but another fiat, the site considers them exotic. Exotic fiats are subject to an additional tax of +0.06%, which is added to the base amount.

If in a pair of crypto-crypto or crypto-fiat, both assets are non-standard, so the additional fee is summed up (+ 0.02%, + 0.06%).

The withdrawal fee is fixed at 0.2%.

Account type Spread (minimum value) Withdrawal commission
Standard 0.22% per order Yes

Nexus Trade trading fees are below the market average. The more you trade, the more profitable your trade because the fee decreases. For comparison, here is a table with the commissions of several popular crypto exchanges:

Broker Average commission Level
Nexus Trade $0.22 Medium
Bybit $20 High
Bitfinex $0.1 Low
Logo Nexus Trade
$0.22
$20
$0.1

Contacts

Foundation date 2013
Registration address The Financial Services Centre, Stoney Ground, Kingstown, VC0100, St. Vincent & the Grenadines
Official site
Your capital is at risk.
Disclaimer:

Your capital is at risk. Cryptocurrency trading can be extremely risky. Cryptocurrency trading can lead to large and immediate financial losses. The volatility and unpredictability of the price of cryptocurrency relative to fiat currency may result in significant loss over a short period of time. Transactions in cryptocurrency may be irreversible, and, accordingly, losses due to fraudulent or accidental transactions may not be recoverable. The nature of cryptocurrency may lead to an increased risk of fraud or cyber attack.

All information posted on the Traders Union website is based on reliable and objective data. We have combined our 10 years’ experience in the financial sector and the feedback of our customers to provide you with a true picture of the best forex companies in the market. Detailed information about our methodology.
Nexus Trade Review Nexus Trade Review

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FAQs

Do reviews by traders influence the Nexus Trade rating?

Any review can raise or lower the rating of any broker in the general list of brokers. To read reviews about Nexus Trade you need to go to the broker's profile.

How to leave a review about Nexus Trade on the Traders Union website?

To leave a review about Nexus Trade, register on the Traders Union website or you can also leave a review through Facebook.

Is it possible to leave a comment about Nexus Trade on a non-Traders Union client?

Anyone can leave feedback about Nexus Trade on multiple participating clients; however, Traders Union clients also receive additional payments later for working with any broker listed at the Forex market.

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