Nervexo licences

The only channel published is the email address info@nervexo.com, staffed during core market hours five days a week. There is no telephone number, no live chat and no social media account. The email address is on a different domain from the website.

Nervexo states it does not serve the European Economic Area, the United States, British Columbia in Canada, Iran, North Korea, Myanmar, Russia and unnamed other regions. In practice the registration form asks only for a name, an email address and a password, with no country field at all, so nothing at sign up enforces those restrictions.

Debit and credit cards, wire transfer and e wallets are accepted, and deposits are credited within one business day of clearing. Cash, cash related methods and cryptocurrency transactions are not accepted. Deposits from a third party or an anonymous account are refused.

Leverage is advertised at up to 1:400, and the margin documentation works its examples at 1:100 and 1:300. The same documentation states that the company is under no obligation to issue a margin call, and that positions are closed automatically and without prior notice once the stop out level is reached.

Nervexo offers a single proprietary platform used in the browser and on mobile devices, for which it publishes no product name. MetaTrader 4, MetaTrader 5 and cTrader are not offered. The Client Agreement expressly prohibits automated trading systems and requires every transaction to be placed manually.

Yes, and it is unusually steep. The published schedule charges 150 EUR a month once an account has been inactive for one month, 200 EUR a month from two months, 625 EUR a month from six, and 1,000 EUR a month past twelve months, at which point the account is treated as dormant and reactivating it costs a further 2,000 EUR. A small balance can be absorbed entirely within a few quiet months.

Withdrawals are processed the same working day or the next one, and must return to the account the money came from. Card withdrawals cost 3.5% and wire withdrawals cost 30 units of the account currency. A further 80 EUR applies to any withdrawal where the account has traded little or not at all, or where verification documents are still outstanding. Where positions are open, a withdrawal is capped at 80% of the balance.

Nervexo charges no dealing commission and no deposit fee, and its spreads are variable. No spread table is published anywhere on the site; the company states that pip values can only be seen inside the platform once an account is open, so the main cost of trading cannot be checked before depositing. Positions held overnight are charged swap at 00:00 GMT+2, with a triple charge on Wednesdays.

The site advertises a minimum deposit of 250 USD. No per account minimum is published for any of the four named tiers, so it is not clear whether the higher tiers require more.

Nervexo has not been shown to have taken anyone's money, but enough is wrong with it that we would not fund an account. Its regulatory claim is unsupported by any official record, its operating company cannot be found on a registry, the only complaints channel it permits returns nothing, and its published fee schedule charges heavily for withdrawing and for leaving an account idle. Treat it as high risk.

Nervexo is operated by Nervexo Ltd, which states it is registered in Mwali (Moheli) Island, Comoros, with company number HY00426495 and a registered office at P.B. 1257 Bonovo Road, Fomboni. No directors, shareholders or officers are named anywhere on the site, and the company could not be located on any corporate registry or on the global Legal Entity Identifier record.