Nexus FXmarket: What licensed does it have?

https://www.nexusfxmarket.com/    

Nexus FXmarket is not a licensed or regulated broker even though it states offers that look good to be true. Nexus FXmarket claims it has been operating for more than 20 years. But when we checked its domain, we found it was newly created on 3 Mar 2022. So where are its 20 years of experience from? It is a red flag here.

Besides, this broker claims its regulations in multiple regulators, including:

1) The Financial Conduct Authority (FCA);

2) The Australian Securities & Investments Commission (ASIC);

3) The Financial Services Conduct Authority (FSCA).

However, we did not find any match results to Nexus FXmarket in ASIC and FSCA. 

What's more, searching Nexus FXmarket in FCA, we found it was blacklisted by FCA on 21 Mar 2022 for providing forex services without authorization. You can check the full warning from here.

The truth is, Nexus FXmarket is not overseen by any regulators. That means your personal data or your funds in this broker are unsafe and cannot be protected by any law. We would recommend traders stay away from unregulated brokers like Nexus FXmarket and trade with licensed brokers.