Nervic FX Trade

Nervic FX Trade is a mess of a broker that is obviously not legit. Read the review to find all about this one.

There is somethig wrong with the whole structure of the website, with missing info, brokern pages, and odd information. One such instance is the claim that the broker is regulated by both CySEC, the NFA, FSC in Mauritius. We assure users that all these regulatory agencies have not given Nervic FX Trade a license, making this broker UNLICENSED. Furthermore the legal documents rediretd us to a legit broker's website, namely BD Swiss. This theft of property renders Nervic FX Trade anything but a broker.

Investing in unregulated brokers is the digital equivalent of throwing your money away for the wind to disperse it. It’s obvious that no one would do such a thing. Go with brokers that are regulated by trustworthy organizations like the FCA or CySEC. These entities work closely with the law, enforce it when called for, and have strict requirement for those under their gaze. Not to mention that those under their jurisdiction are members of compensation funds that cover victimized clients’ losses of up to £85 000 (FCA) and €20 000 (CySEC).

The website was not able to register us for some reason, meaning that we had no access to a trading platform, a payment terminal,or a client dashboard.

It turns out that not only are the legal documents of Nervic FX Trade not a part of it, but also the entire website. Basically, Nervic FX Trade is a mash of BD Swiss and brokern fragments of texts.

NERVIC FX TRADE LOGIN

With no proper interface or or any actual Nervic FX Trade owned material we can easily rule out the possibility that there is a trading platform here.

If traders wish to know the best trading platform, we cannot recommend anything but the MT4, or its successor the MT5.
The MT4 allows for a centralized market trade and is certified by many stock exchanges. There are also multiple time frames, superior charting tools allowing for greater accessibility, and pending order types for more versatile trading options and many other in-detail option for optimized trading.
While the MT5 icomes with increased time frames, more pending order types, the inclusion of an economic calendar, and so much more. The platform comes with all its predecessor’s features: EAs, VPS, One Click Trading, Level2 Plugin, and many more handy functions to improve the level of trading in virtually every aspect.

NERVIC FX TRADE DEPOSIT/WITHDRAWAL

This should not come as a surprise that Nervic FX Trade has not payment conditions whatsoever. The website is clearly broken and unusable.

We would not deposit with this one if we were you. This broker is clearly not legitimate and not regulated, meaning that who knows what they will do with your investment. Traders should deal exclusively with brokers regulated by exemplary agencies such as the FCA or CySEC, for they oversee a brokers activities from head to toe with a severe case of diligence.

DON’T PROVIDE YOUR CREDIT CARD CVV CODE

The CVV code is the one thing that separates a buyer from a product. Without it, one cannot complete a purchase, even if him/her has given all other necessary information. By giving this detail to someone else, you are essentially inviting them to use your funds for their own means. And be warned that unregulated brokers most certainly plan to do so.

DON’T PROVIDE ACCESS TO YOUR COMPUTER AND BANK ACCOUNT VIA ANYDESK OR TEAMVIEWER

Be sure to never give AnyDesk or TeamViewer access to your PC to unverified agents. These 2 platforms allow for your PC to be taken over by a second party, often times for help or guidance, but in the case of these brokers for the sole purpose of looting your bank account(s) and personal information. However, in order to do so your consent is needed, and this is the only thing standing in the scammers’ way.

ACCOUNT VERIFICATION

If a broker is unlicensed, never give you ID and personal details to it, because the broker will use these details against you once you file for a charge back. Furthermore, any allegation held against the brokerage will be easily refuted if they have in their possession a copy of your ID and proof of address.

The most important thing to note is that this broker will not return your deposit, nor will it pay your winnings. It never had this intention in the first place. The best advise is to walk away from it, and go straight for a regulated broker. The FCA and CySEC are the top non-US license issuers, and those under their gaze are bound by the law to put the security of users’ funds as pivotal priority.

HOW TO RECOVER

Don’t delay, and file for a charge back ASAP with your bank or credit card company, but also ask them what the situation with your current account is.

If you have given a CVV code to the broker, be sure to cancel your credit card as soon as possible, because the broker will not delay with draining every cent from it.

Also, beware of self proclaimed “recovery” agencies or agents. These cheeky scammers promise to fix your problem and restore the lost funds. They offer their services in exchange of a small sum from your end, after which you won’t ever hear from them again.

The last line of defense for these indecent folk is more like a desperate cry: often times they will comment on reviews and cite the whole ordeal as a conspiracy initiated by competitive brokers against them; at times even claiming that reviewers are anything but objective, and that no one writes good reviews. The absurdities are limitless!

BOTTOM LINE

We assume that the creators of this mess gave halfway through, and left the website as it is. There is absolutely nothing here for anyone.