NextMarkets n3 is a European CFD broker, that opened in 2018. This broker is officially owned by a company called Nextmarkets Trading Limited, and they are located at: Level 13, Portomaso Business Tower, Portomaso, St. Julians, Malta, STJ 4011.
Our review of NextMarkets finds that they are a unique CFD broker who has made a name for themselves with their expert analysts. Their angle is to make analytical research easily available to their investors, via social signals and their trading apps.
The web based trading platform is clean, simple and easy to use, offering CFD trading on more than 1,000 underlying assets. You can expect to receive up to 100 trading ideas per month, which is a lot of information to process. Trade notifications are send to your mobile app or on your desktop trading platform.
In September 2020, their began offering commission free trading of stocks and ETF’s via the stock exchanges. They offer more than 7,000 shares and 1,000 ETF’s free of charge. Minimum deposit for a live trading account is 500 EUR, however you can start with a free demo account.
Next Markets was founded by seasoned financial executives who also started the brokerage firm Ayondo. Maximum leverage offered is the new standard of 30:1 like all European licensed brokers. If you are looking for higher leverage, check out the Australian regulated brokers, see here.
Is NextMarkets a Good Broker?
When comparing Forex CFD brokers, it is very important that you actually verify that the broker has an active license in your country. There are many scam brokers online who do not have a legitimate brokers license, and we receive many complaints from traders, read more.
- NextMarkets Trading LTD is licensed and regulated by the Malta Financial Service Authority, with registration number: C 77603. This broker is a subsidiary of nextmarkets AG, which is based in Cologne Germany.
The real benefit in using a regulated broker is knowing that your funds are secure. A broker that is authorised by MFSA must keep the clients funds in a segregated bank account, and trading accounts are insured for up to 20,000 Euro. Additionally there are procedures in place in the event that you have a complaint or problem with the broker.
When you compare that various online brokers today, you will see that there are many to choose from. Take a look at the popular brokers.
If you are currently investing with NextMarkets, please share your thoughts in the comments.