Nextmarkets Journal

Journal status: live
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Nextmarkets Profile
Year
2014
Country
Malta
Branches
2
Regulation
MFSA Malta
Registration
none
Investor protection
Fund protection
no
Publicly traded
no
Restricted in
Not serving
х US
Broker type
MM
Dealing book
B-book
Tier
3
Execution speed
0 ms
LPs total
0
LPs quality
none
LPs names
none

Nextmarkets Accounts
MM
Minimum Deposit
1 $
Leverage
30 : 1
Minimum Lot
0.01 lots
EURUSD spread
0.06 pips
Commission
0 $/lotRT
Volume
...
Margin Call
...
Stop Out
...
Execution
Instant
Spread
fixed
Scalping
yes
Deposit & Fees
Deposit methods
Credit Card, Debit Card, Trustly
Base currency
USD
Segregated accounts
yes
Interest on margin
no
Inactivity fee
none
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Is Nextmarkets safe?

  • Investor protection: no
  • Regulation: MFSA Malta
  • Registration: none
  • Publicly traded: no
  • Segregated account: yes
  • Guaranteed Stop Loss: yes
  • Negative Balance Protection: yes

Is Nextmarkets trusted?

  • Information transparency: high ★★★★★
  • Customer service: prompt, helpful ★★★★★
  • Nextmarkets website: uninformative, updated ★★
  • Nextmarkets popularity (by visitor count): low visits ★★

How Nextmarkets works

Nextmarkets is a German company based in Cologne. Through our subsidiary in Malta we are licensed to offer securities trading and to act as portfolio manager and are allowed to offer our product throughout Europe.

https://www.nextmarkets.com/en/home

5. Trading Venues and Order Execution

5.1. nextmarkets Trading Ltd. acts as a ‘Market Maker’ as defined under MiFID, with respect to all CFD financial instrument in respect of which it executes Client’s Orders.

5.3. In this respect, nextmarkets Trading Ltd executes Orders related to CFDs through its trading platform, considering that such arrangement is suitable to allow them to obtain best execution for the Clients on a consistent basis. Consequently, CFDs are dealt either directly between us and the Client. This means that the Client will be dealing with nextmarkets Trading Ltd. and not within the underlying market and/or any other Execution Venue. nextmarkets Trading Ltd. will not provide any Direct Market Access (DMA) and will not transmit any Order to another Trading Venue or to a liquidity provider(s).

https://www.nextmarkets.com/staticHTML/pdf/bestexecutionpolicy_nov_2020_en.pdf

If you are classified as a Retail Client, Negative Account Balance Protection (as defined below) is applicable, and your losses will not exceed the amount of money you invest, though you still risk losing your entire investment.

https://www.nextmarkets.com/staticHTML/pdf/termsandconditions_nov_2020_en.pdf

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