Nekstra Review

Background

Nekstra is a popular brokerage with a strong presence in the EU and most other countries, and an excellent high tech trading platform. The brokerage provides banking level online security, competitive fixed spreads and a flexible choice of account types for every budget and experience level. Traders can connect to professional account managers and learn how to get the most out of a great selection of media resources, including Daily Analysis videos, Daily Market Review, Live Market Summary and Financial News. We also liked the Economic Calendar and Financial Calculator. The education center is useful and is frequently updated. Nekstra is a broker that delivers a modern trading environment and solid customer service.

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Protection & Security

Nekstra is a registered broker with high liquidity and strong financial resources. We were reassured by their commitment to trader security, especially the segregated accounts, real time market prices, and personal privacy policy, backed up by the latest Comodo SSL security protocols. These encryption tools are top level and are a must for online brokers. We’d be happy to trust Nekstra with high volume trading and major deposits. Nekstra’s dedicated customer service and professional account managers provide the second level of trader security and work closely with traders to help them receive a secure and rewarding trading experience.

Global Presence

Nekstra is particularly popular with Polish, German and English speaking traders. The broker is expanding rapidly and is in the process of adding several new languages to its site, and currently welcomes clients from most countries around the world.

Account Types

Nekstra offers a variety of account types (currently 6 with more planned) and there is also a free demo account. Opening an account at Nekstra is straightforward and your account manager will help you to get fast upgrades. Each account type offers some great benefits, including 1-on-1 training, pro webinars, Live Signals, pro webinars and Price alerts. The Live Signals are a superb tool that creates trading opportunities throughout market hours.

Minimum Deposit – $250

Deposits & Withdrawals

Account management is refreshingly simple at Nekstra and the staff is experienced enough to provide hassle free deposits and withdrawals. You can choose from all major payment methods, with most clients preferring the convenience of credit/debit cards or bank wire transfer. One advantage of Nekstra is that they don’t hit clients with unfair hidden fees and charges. Account terms and conditions are clearly set out.

Deposit

You can fund your Nekstra trading account in just minutes via credit/debit card, bank wire transfer, or payment methods like BPAY.

Withdrawals

We made two withdrawals from Nekstra and were very pleased with their systems – and the attitude of the customer service. They completed all the administration in just one day and we received our profits without any hitches. One thing we would recommend is that you provide all the required documentation when you sign up with Nekstra (or any broker). It will guarantee a smooth withdrawal process.

Trading Platforms

We really liked the Nekstra trading platform. The technology is innovative and the whole setup is completely user friendly. Even a complete beginner could get the hang of it in an hour. The platform provides real time market prices and fixed spreads on all assets, guaranteeing fair trading. The price alerts are also useful and their charts allow for some really deep analysis using indicators like moving average, pivot points and more. We found that Nekstra provides a top trading environment that allows every trader to reach his full potential.

Markets & Products

Nekstra doesn’t just offer a competitive choice of Forex, Cryptocurrencies, Stocks, Commodities and Indices, it gives traders a lot of useful information about how they perform. This is a big advantage for new traders who can quickly learn what drives these key assets, and how to identify solid trading opportunities. Nekstra’s trading environment is designed for traders who want real time pricing and fixed spreads on the world’s most volatile and highly traded assets.

Edcuation Center

The Nekstra education center is ideal for new traders. It contains some really effective learning tools, including webinars (ask your account manager about these) e-books, video tutorials and other resources. The trader ebooks are arranged into three convenient categories and are easy to read. The ‘Trading Market’ ebook was particularly enjoyable and is one of the best that we’ve read anywhere. We also watched a selection of the VOD tutorials and were impressed. It’s worth checking out the trader’s glossary and FAQs that are great for easy reference. The education center is also recommended for experienced traders who want to aim for professional investing.

Customer Service

We spoke to Nekstra’s customer service via phone, email and chat. We contacted them at different times with questions about how to upgrade to a new account, how to withdraw money and with some technical questions about the platform. They were always helpful and there were no online queues to speak to a rep. We’re confident that if we’d had a genuine problem, customer service would have solved it quickly and without any fuss. Although most traders will probably never need their help. Account Managers generally like to be in regular contact with clients and will deal with any small issues that arise. Managers and reps speak Polish, German and English.

Promotions & Offers

Nekstra isn’t the kind of brokerage that depends on promotions to attract traders. But each account type offers a good welcome bonuses and promotions to mark holidays and special market events. When we signed up, we had a call from an account manager who explained how he could help with one on one training and advice about strategies and market analysis. Nekstra understands that serious traders are more interested in account upgrades and new trading tools. They have some excellent offers.

Trading Tools & Research

Nekstra gives traders a full set of financial news and alerts with real time data feeds and charts. We used the Live Signals and economic calendar to enhance our own trading and found some very profitable opportunities. We also worked with our account manager who showed us the special Social Trading Feature. These are genuinely useful resources that can help you to improve your trading skills, especially when used with the daily reports and market emails.

Overall Summary

PLUS:
Nekstra is a highly professional registered brokerage with (fully segregated) multi-account types and a demo account. The Social Trading feature is recommended and the asset index compares well to other brokers. Nekstra’s trading terms are competitive and traders are supported by effective customer service and account managers. The broker provides a world class trading environment.


MINUS:
There are very few negatives, but one is that Nekstra won’t accept traders from the US or Canada. Although Nekstra has all the major payment providers that you’d expect to find at a leading broker, they could benefit by adding more payment methods.

Pros & Cons

Pros

Transparent real time pricing

Competitive fixed spreads

The latest trading technology

Great social trading feature

Cons

Limited payment methods

No Canadian and US traders

Currently no ETFs and Bonds

Nekstra

Nekstra

Protection & Security
5/5
Global Presence
4/5
Account Types
5/5
Deposits & Withdrawals
5/5
Trading Platforms
5/5
Markets & Products
5/5
Edcuation Center
5/5
Customer Service
5/5
Promotions & Offers
4.5/5
Trading Tools & Reaserch
4.5/5

Minimum Deposit - $250

Recent Comments

Lee S.

November 17, 2020 08:00

5.0

Protection & Security

5.0

Deposit & Withdrawal

5.0

Trading Platform

5.0

Markets & Products

5.0

Education & Research

5.0

Customer Service

5.0

I like that I can get my money whenever I want. The customer service is helpful and they respond quickly when you need something. I can withdraw my profits in just one day with my my credit card they don’t hit me with bs service charges like the last broker I traded with. If you make £1,000 in profit – you can withdraw your cash with no hassles. Love it!

Pros

Cons

Withdrawals are really easy

Difficult to think of any issues.

Customer service is helpful and fast

I feel like they really value me as a client

Donna R.

November 17, 2020 08:00

5.0

Protection & Security

4.9

Deposit & Withdrawal

5.0

Trading Platform

5.0

Markets & Products

4.9

Education & Research

4.9

Customer Service

5.0

I got started with the brokerage about a year and a half ago. I clicked on a popup about ‘auto-trading’ and decided to give it a go. I was very cautious at first, but I am interested in technology and wanted to see if it could really work. The results were better than I expected but when I talked to an account manager I decided that I would rather do my own analysis and manage my trades hands on. I still use the robots and the automated trading tools to help with my investing, but prefer to rely on my own abitilites.

Pros

Cons

I mastered the platform in about 2 hours

Would like to see more calendars

Just a really good trading experience

The mobile app wasn't available

Webinars are oversubscribed

Trader safety is excellent

Kurt T.

November 17, 2020 08:00

4.9

Protection & Security

5.0

Deposit & Withdrawal

5.0

Trading Platform

5.0

Markets & Products

4.9

Education & Research

4.9

Customer Service

5.0

I have been trading with them for a year now, it’s a recommended platform for investors who want to receive a good service. I like having the flexible promotions program and access to various indicators tools. Admittedly, there was one error on the platform, but it fixed very quickly, and they took care of it fast. Withdrawal of funds is fast enough, the commission is standard, the support service promptly responds to a request to call back, and the platform works smoothly on my computer and on my tablet. I’ll stay here long term.

Pros

Cons

Mainly very good trading tools and indicators

Calculators are basic

Customer service is the best I have seen

No MT4

No unfair commissions

Edward C.

November 17, 2020 08:00

5.0

Protection & Security

5.0

Deposit & Withdrawal

5.0

Trading Platform

5.0

Markets & Products

5.0

Education & Research

5.0

Customer Service

5.0

A few months prior to joining this brokerage and opening my 2nd trading account, I only had minimal knowledge about Forex and the trading environment as a whole. However, I am now confident to say that I am very satisfied in most of my trades. And even my personal account manager is always available when I call him. Keep up the great work!

Pros

Cons

My account manager is the best

I had to wait to join a webinar

The platform is logical and clear

-

Need more ebooks for offline learning

The education center gave me a strong start

Allen G.

November 17, 2020 08:00

4.9

Protection & Security

5.0

Deposit & Withdrawal

5.0

Trading Platform

5.0

Markets & Products

4.9

Education & Research

4.8

Customer Service

5.0

Before I sign up with this broker, I was trading the way every lecture on Youtube has learned the 99% of how to trade. However, I really felt I had to make a serious change. After closing my old trading account and almost giving up on online trading in Forex, I stumbled across [Brand_Name] this week, I trade with complete motivation, knowing that no matter what, I can trade the markets with ease and confidence, while still working my full-time day job. And I even also have plenty of time to spend with my son!

Pros

Cons

Platform make time management easy

Maybe need more webinars

I want to see more payment systems

I feel secure and safe with my money

Need to learn more on cryptos

Trading experience is fun

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