Nextmarkets Broker Review and Opinions

Nextmarkets is an European broker that provides trading in CFDs and physical assets. It is licensed by the Malta Financial Services Authority and offers up to EUR 20,000 investor protection.

Its trading platform is free to download and does not charge any inactivity fees or deposit/withdrawal costs. Furthermore, investors have the freedom to close their accounts at any time without incurring a financial penalty.

Opinions

Nextmarkets is a commission-free broker that offers various trading instruments and features. It also has an impressive website and several payment methods to choose from, including its highly functional bespoke platform that can execute complex orders with ease.

Malta Financial Services Authority (MFSA) regulates this site. Its mobile app shares some of the same features as the desktop trading version and provides a host of convenient options for an enjoyable online experience.

Nextmarkets is a relatively recent addition to the online brokerage scene and boasts an impressive platform with cutting-edge technology for trading over 800 instruments. It also has numerous perks, such as its free stock trading app and educational tools that teach more about the market. Overall, Nextmarkets makes for a good choice for beginners due to its excellent customer support team which can be reached via email or phone.

Benefits

Nextmarkets is a broker that offers commission-free trading. This means clients can trade stocks and ETFs without paying a fee; however, this only applies to orders of EUR 250 or more.

Nextmarkets offers commission-free trading as well as the security of being regulated by the Malta Financial Services Authority (MFSA). Client funds are kept in segregated accounts at a regulated bank and they are insured up to EUR 20,000.

They provide an exclusive professional account to qualified traders who pass due diligence checks. This is an ideal option for those wishing to trade on the Forex market.

Deposit and withdrawal

Nextmarkets provides a variety of deposit and withdrawal methods, such as bank transfer, credit/debit card and e-wallet.

Nextmarkets also offers a free demo account to all new traders as an invaluable opportunity to become acquainted with their platform and practice trading strategies.

It is worth noting that the broker is regulated by the Malta Financial Services Authority (MFSA), an EU body. This provides clients with peace of mind and assurance of compliance with all EU regulations. This can be seen as a positive for them as it increases their trust level and assurance.

Nextmarkets does not offer a bonus program, but it does allow professional traders to trade with leverage up to 1:100 – something not all brokers offer. This sets Nextmarkets apart from other brokers by providing this unique feature.

Trading platform

Nextmarkets provides a user-friendly trading platform with numerous tools. These include chart types, indicators and drawing tools for chart analysis.

The broker also provides 300 investment ideas each month from its “coaches,” free and updated regularly. This is an invaluable resource for new investors seeking advice on investing their funds effectively.

Leverage – At Nextmarkets, all traders have access to leverage, including retail and professional accounts. However, due to European Union law the maximum leverage allowed on CFDs on indices and stocks is 1:30; currency trades can be executed with up to 1:20 leverage.

Customer Support – Nextmarkets’ support team has earned a stellar reputation. They typically reach out to new account holders via phone to discuss their needs and provide any necessary additional information.

Nextmarkets’ trading platform is user-friendly and boasts a variety of features suitable for both novice and expert traders alike. It provides technical analysis tools as well as the capability to place market, limit, and stop orders quickly and easily.

Pros and cons

Selecting the ideal broker can be a critical element of trading success. Furthermore, make sure that the company you select is fully regulated and licensed by an established regulatory body.

Traders should look for an online broker with a good reputation in their region of operation. Ideally, they should be regulated by an authoritative authority and have various security measures implemented to safeguard clients’ assets should anything go awry.

Nextmarkets is an online brokerage that provides a range of financial services. Clients can trade forex, CFDs, indices and stocks through its platform.

Additionally, Nextmarkets provides traders with a selection of learning materials to hone their trading skills and stay informed about the markets. This includes market news, press releases, FAQs and trading guides.

Account opening and login

Nextmarkets is a German fintech company that strives to help private investors take a more sustainable, informed approach when making investing and trading decisions. Through their platform, investors have access to over a dozen investment coaches who provide real-time analysis and guidance for their trades.

Established in 2014, Nextmarkets is based in Cologne and operates throughout Germany, Austria and Malta. It provides commission-free stock trading as well as eliminating order and custody fees as well as hidden costs like third-party charges.

Malta’s Financial Services Authority regulates this broker, and it’s also a member of the Investor Compensation Scheme which protects customer deposits should the broker go bust. Furthermore, customers’ funds are stored with major European banks.

To open an account with Nextmarkets, you need to provide them with your personal and contact information as well as documentation proving your identity. After verification is complete, you can log in and begin trading within five minutes.

Education

Nextmarkets is a broker that offers commission-free trading on stocks and ETFs as well as low CFD fees. Plus, their customer support team are accessible 24/7 via email or phone.

One of the standout features of this brokerage is its education centre, which offers a wealth of learning articles and videos designed to boost customers’ trading skills. Furthermore, its FAQ section proves invaluable.

Nextmarkets is an European online broker aiming to revolutionize the trading experience with its expert-curated investing platform and support of esteemed expert coaches located throughout its European network. Their mission is simple: help customers achieve success in their trading objectives through improved access and better technology-driven tools.

Customer service

Nextmarkets has earned a stellar reputation for excellent customer service, providing prompt and helpful responses to queries via email and phone. Their support team is available Monday through Friday from 9.00 am to 18:00 CET.

The company provides an expansive FAQ section to answer any queries you may have. Furthermore, they provide complimentary stock market coaching – particularly useful for new traders – at no additional cost.

Additionally, they’re a member of the Financial Services Compensation Scheme (FSCS), meaning their clients’ funds are insured up to 20 euros. This is an impressive feature as it eliminates any potential risks for customers.

Nextmarkets is an innovative FinTech firm from Cologne, Germany. Through its platform, private investors can trade commission-free on the stock exchange in over 7,000 stocks and 1,000 ETFs. Furthermore, its advanced proprietary technology platform and extensive collection of licenses and regulatory approvals grant it full control over its product while enabling innovation that other online brokers cannot match.

Demo account

Nextmarkets provides a demo account that allows traders to practice trading without risk of loss. This gives them the chance to test out different strategies and determine their effectiveness.

Demo accounts are often recommended by brokers as a useful learning tool for traders new to the industry, since they help them become acquainted with its fundamentals. This type of account provides invaluable experience and training on trading techniques that are both straightforward and profitable.

Demo accounts can be beneficial to traders who are uncertain which asset to trade or how to utilize certain tools. However, it should never replace experience. Always test your strategy in real-life market conditions before investing any money.