NuxTrade Reviews 68

Stay away from this fake platform trading because it is a scam. They will speak nice with you and give you successful trades, just to catch you in their trap. Then they will ask you to deposit more money claiming bigger investments, bigger returns. If you will tell them that you don't have more money to invest, will propose you to get loans on your name. They are not FCA regulated and if you will ask them to sign or show you any qualifications, will tell you that can do this only for deposits bigger than $50k.
If you want to withdraw your funds, they will reject you claiming that they offered you credit, will tell you to have patience being called by your agent, but will never happen. Dia Melenka was my agent.
Having your funds blocked into their platform, your only option is to continuing trading, but they will milk your funds by increasing their commissions and show you fake trends.

Do not use this platform. It’s an absolute scam. Due to a change in circumstances I needed to withdraw my money which was around $900. My ‘account manager’ was ignoring my messages. Even though when I willing to invest he’d call straight away. The customer service was useless. They tried to tell me that my first initial investment was part of a training system (even though my money went on to the same trading platform) so I needed to contact a separate company. And that the rest would need to be reviewed after 5 days before release. From the start I was never informed it was a training product. From the start I was told
I can withdraw my money with ease. They are con artists and still haven’t got my money back. If I could give minus stars I would

Thankyou Ester for your help in retrieving my refund . You have been extremely helpful and have solved all issues .
Once again Many Thanks

So far so good... 3 weeks in and seeing significant earnings with the ability for withdrawals - however this process does have to gain an online signature from the issuer of the withdrawal through nuxtrade - to then go through Binance (at least for now) to then convert to GBP and then sent to bank account. The whole process takes about 1-4 hours from my experience.

I've been involved with Nuxtrade for the past 2/3 weeks after consulting with weteachacademy via an advert I saw about a Tesco employee who quit her job and retired through this signal trading. I was very sceptical at first and pondered whether or not to invest money in to this (this was my first time doing anything like this) and considered that I may be a victim to a very well executed scam. The first few Google searches showed 'scam'/'unregulated broker' and I was unsure whether to continue...

After reassurance from senior business executive Andy Wehn (supposedly speaking out of Zurich) and seeing trades go successfully, I decided to stick with it. I made an initial deposit of £250, then made an extra investment of £2500, before taking out a loan with AA for £10,000 to be paid back over 5+ years. I was then given a 'cushion' which was £10,000 from their end for extra assurance.

As of 2/3 weeks in I have been in good communication with Andy who is a very well-educated and well-spoken man who knows a lot about this business. He has helped me interpret the trading and make my own decisions when buying or selling Forex. I still need more experience and logic behind the reasons for placing trades on popular currencies - he facilitates this learning in a non-abrasive manner - which is very calm.

I'm currently compounding the funds I've invested and, as mentioned already, I am able to withdraw especially when it comes to the funds when paying off the loan. The only constraint is that I have to gain permission from Nuxtrade and sign online contracts before I can withdraw to then send to Binance to get that authorised, which takes a few hours more than my liking, but I get that authorisation process still.

I will be sure to update here if I end up getting scammed, which judging from the reviews I've read before it may happen at 3 months. I have had heard that there may be some issues with the account and the inability to withdraw the funds or have the funds removed from the account altogether. If that happens then I will definitely come back here and let people know! No risks no rewards.

I am totally new to trading so I followed the link from a very well known Money Saving Expert, who's name I have been asked to remove by NuxTrade, on Face Book (which I now know was a scam)!!
I deposited the initial £250 and waited to be contacted.
My first Account Development Executive was extremley helpfull at first, calling several times a day to place trades!!
She encouraged me to deposit another £500
Then the calls stopped? The Account Development Executive missed arranged calls and I got no response when I messaged her.
I began to think I had been scammed so I requested a withdrawl of $200 and again got no response! Eventually someone on the Live Chat informed me I could not withdraw my funds because I signed up to to a Learning Platform?
I went onto Trustpilot and left a review, shortly after leaving my review I was bombarded with messages from my Accountant Development Executive stating my review was inaccurate and could I remove it. When I removed it my request for $200 was then approved.
Next I received a call from a Senior Account Executive stating that my previous Executive was only a Junior and that he was alot more experienced, I told him I did not want to invest any more money and would rather withdraw my funds and shut my account.
At first he was very charming and phoned me daily, however I did find the personal questions regarding my finances rather unsettling.
Just like my last Account Development Executive he then started to miss schedualed calls so I requested a withdrawl of my available funds. This is when his impertinent behaviour began.
He was adament he needed to talk to me so after many Whasapp messages a heated phone conversation took place where I became frustrated at the ridiculous excuses as to why I could not withdraw my funds! The Senior Account Executive laughed at me calling my withdrawl request "CHANGE"
He continued to message me immature, intimidating messages asking to talk to me which I declined as I felt uncomfortable and intimidated.
Today I woke up to more messages, it was becoming relentless, it felt like harrasment and I did not want to look at my phone so I blocked him.
My experience with Nuxtrade has been awful to say the least, not only do I feel stupid Its actually made me sick with worry & stress.

I doubt I will ever see my money again but by writing this review I hope I can help others to avoid this Scamming Company !!!

PS: WHILE WRITING THIS REVIEW I HAVE JUST RECEIVED ANOTHER PHONE CALL FROM A DIFFERENT NUMBER SO I HAVE BLOCKED THAT AS WELL!

If needed I have a copy of all the messages exchanged between Myself and both the Junior and Senior Account Executives

UPDATE: I have been asked by NuxTrade to remove the names of my Account Executives (a bit biased as the Executives names in question are clearly present in the 5* reviews 🤔) or my review will be taken down. I have now carried out this request because I should have equal opportunity to be able to share a personal 1* experience on a trusted Website.
I have also noticed a couple of other 1* reviews naming the same Executive have been removed from Trust Pilot? Yet the 5* reviews still remain? PLEASE BEWARE

2nd UPDATE
I have been contacted directly on my mobile phone 4 times this week by Nuxtrade and asked to remove this review! I have informed NuxTrade that I will ammend my review if and when this dispute is resolved but I will not be removing it as it a true and accurate statement of my awful experience :-(
NuxTrade have also flagged my review to Trustpilot twice asking for proof of my interaction with them? They just need to look at my Live account its all very clear on there.
This company is relentless and will go above and beyond to keep on scamming people.
Just check out the 1* reviews on here daily and take a screen shot before they are removed ;-)

3rd UPDATE
Nux Trade is still contacting me to place more trades
They call from a different phone number every time and are becoming more rude and abbusive towards me.
How is NuxTrade still operating when so many people have been scammed?
THIS COMPANY NEEDS SHUTTING DOWN!!!!

An Amazing experience so far, Sam Davies is wonderfully patient and humorous. My Partner and i have learnt so much about investing, even though we are starting out small we can see the potential in only a few weeks. each day we have met the target he has set. we are very grateful for his time and effort in teaching us and helping us with our investment.

I was very skeptical at first as most of us are when investing our money. This is a great company, I am very grateful I get to work with them and I look forward to working with them for years to come.
initial investment 17/2/2023

Ellie has nursed me through my first couple of weeks and I’ve learnt such a lot and I’m in profit! I only invested £250 and she has treated me as if I’m a big investor. No hesitation on recommending her and the company

Monica Adams from the customer support team provided excellent service to help me resolve a problem and close my account. She was professional and courteous, both verbally and in writing and resolved my issue in a speedy manner, despite me not being easy to get hold of due to mobile phone problems.

I decided to invest £ 250 through We Teach Academy after reading about their plans online, as others on this site also did. As soon as my payment had been made, through a connection, I received a call from Dia Malenko at Nuxtrade.com who explained the basic details of their trading workings. My trading account was set up covering commodities, oil and currencies and she explained the workings of buying and selling to me. She made several on line calls allowing me to make some currency trades which showed small profits whilst maintaining the bulk of my investment unused in my account. It was clear that to make bigger profits, more investment money was needed. Despite her pressing me to increase, after trading on this small basis for a week I decided that I did not have more funds to add therefore I requested closure of my account and transfer the balance back to me. This necessitated finding a bitcoin trading company, Dia suggested Coinpass, who are FCA approved. The resultant code from them was added to the withdrawal section on Nuxtrade account and the equivalent bitcoin value was sent through to Coinpass who in turn converted that to sterling and it was received back into my account within 3 days of the request - showing a small profit over my initial £ 250.00.

I have no reservations about continuing to trade with Nuxtrade, as well as using Coinpass for my bitcoin exchanges, as or when I am in a position to do so. The the experience I received in my funds being returned promptly, would give me confidence to try a little larger investment the next time.

I am new in NUXTrade, just started on 17 January 2023, and Thomas Miller is guiding me with regards to opening positions. I am so pleased that with the small fund that I have in my account, it generated profits on the first day. I was testing the waters, and Thomas was so patient in teaching me. I have successfully withdrawn some of the profits we've made. - William Obedoza.

My advisor is John. Very knowledgable and easy going.turned a good profit in a very short time.

Thomas Miller is a wonderful friendly understanding man, he has taught me so much now about investing.
I have learned so much from Thomas stuff I have never learned in the past.
I started with Nuxtade with very little and hopefully, in time I will invest and make more money I will still continue to work with Thomas and he is a good boss I wouldn't choose any other boss then Thomas.

Nuztrade is not a scam.. I invested £250 due to family emergency had to withdraw it. I received it the same day. My advisor Alex was brilliant helped me every step.
I will definitely invest again :))

So far so good....invested 200£ thereabouts knowing I might lose it but isn't it like anything in life....its a gamble....so what if I've been scammed ...the real people I've spoken to seem genuine ...that's on their conscience if I am being duped...not mine...

I am writing this review because I have been so pleased that Dominic has been so helpful and professional.
I would recommend him.

After a ropey start with Harry Charents and various Live Chats eventually I was posted Chris Langley things started to improve, working with Chris has been a delight, a real gentleman who understands the situation and has empathy with his clients, he cares and tries to help them see a return on their investment - and it works I've started to see this although slow but I'm convinced it will improve and things will get better it all at possible ask for Chris...

Working with Dia Melenko was very rewarding, she is very knowledgeable, was also very helpful in setting up my account and has a lot of patience in explaining the intricacies of investing with someone who has no knowledge of these matters. I think I am lucky to be in her team.
This is making my experience with Nuxtrade rewarding. It is a company that is genuinely concerned in wanting to do the best for their customers and
I am looking forward to a long and rewarding trading relationship with Dia & her team

This is all pretty new to me but I am being very well advised and already seen some very pleasing returns.
The key thing is that my account manager has a great deal of patience and that is really appreciated as it makes for an excellent working relationship.

I'm new to this trading investment business. But. The two persons that I have to interact with. I will say that. They were patient and so tolerance with me. And such professional services in dealing with me as a client. That alone makes me feel so secure. And that is excellent service.

Just started using the site really easy to use.I am still learning as this is my first time trying trading but I have a great adviser that is helping me learn the system and will be making profits in no time