Nexio Trader is an online Crypto and Forex trading platform. It claims to offer fixed daily returns of 3% to 5% on investments. We tested it for ourselves and here is what we found.
Nexio Trader is an online crypto and forex trading platform that promises to give users between 3% to 5% daily returns on investment.
They claim to run an always-on trading bot across crypto and forex markets. The invested principal is run by the bot for 50 days, returning a fixed 3%, 4% or 5%. This profit is credited to your account.
Nexio Trader works in four steps.
New users join by signing up at nexiotrader.com. The process require a user name, an email address, phone number, and residence in a supported country.
Nexio Trader has three investment packages including Starter which has a minimum investment range of $10 and returns a fixed daily 3% of the principal and 150% over 50 days.
The Pro Package requires a minimum investment of $1000 and returns a fixed daily 4% of the principal and 175% over 50 days.
The Elite Package requires a minimum investment of $10,000 and returns a fixed daily 5% of the principal and 250% over 50 days.
The investment is run by an always-on bot that trades on crypto and forex.
Daily accrued profit can be reinvested or withdrawn by the user.
While genuine forex and crypto brokers are registered and licensed, Nexio Trader is neither licensed nor registered. It's true that Uganda has no regulatory body for online forex and crypto brokers, but since Nexio Trader operates in over 92 countries, it should have been registered in one of these countries.
No registration number is shown anywhere on their website. No sane investor would be willing to invest with an unlicensed and unregulated broker.
Nexio Trader is not transparent with how they invest users money. They simply claim their "engine trades 24/7 across crypto and forex."
They have no records about their overall past performance. Users have no way to evaluate Nexio Trader's profitability apart from one isolated mentioning of a 78.4% win rate.
Nexio Trader doesn't have any contact details on their website. There is no telephone, no email, and no physical location.
AWhatsApp button is displayed but it leads to a dead end. The WhatsApp number does not exist.
For a serious and Legitimate investment company, contacts (email, telephone) and a physical address are the most important details. This goes to show what kind of company Nexio Trader is.
We did not test the withdraw feature but users over Tiktok complain about withdraw blocking where accrued profit is displayed on the dashboard but the user has to wait until the 50 days lock-in period ends.
No one seems to have been able to withdraw both principal and interest, apart from a few seemingly paid influencers.
Nexio Trader has no any user review, neither on the website nor on any known review platforms online. This is suprising given the fact that they claim to have more than 48,213 active traders, and have so far paid out $418.9 million in interest to their investors.
These are significant figures that can't easily go without of these active traders leaving a review. But also, the numbers are too good for a platform so recent (less than 2 years old).
Nexio Trader only has crypto payment methods. Users can only use Tether on USDT BEP-20 to deposit funds.
Many investment scams use crypto payments because in case of investigations, the funds cannot be easily traced to the individuals behind the scheme.
Nexio Trader promises a daily fixed 3% to 5% which is unrealistic for forex and crypto as they are very volatile. They promise between 150% to 250% after 50 days.
Apart from the Risk Disclosure page, Nexio Trader makes in look like they have mastered the trading algorithm and never lose.
Their trick is simple: Lure in investors with promise of insane ROI, add a Risk Disclosure page (which most people never read anyway). Anything happens to their money, refer them to the Risk Disclosure page.
Nexio Trader uses a referral system. Users earn 10% when someone they refer invests, a bonus coupon on $1000+ investments, and 5%/4%/3% of their network's daily earnings. Referral earnings are only withrawable once the user has their own investment.
Referral programs are very synonymous with ponzi schemes. New members investments pay those that joined earlier until the scheme owner sees it fit to close.
If you insist, try Nexio Trader with the Starter Package which has a minimum deposit of $10. Only use the amount you are willing to lose.
Otherwise do not trust your money with a company that you can't contact.
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