Risk scorecard
Each area is scored 0 (clean) to 10 (worst). Higher means more risk.
Regulation
7/10 · HighHolds a real but near-worthless Comoros MISA licence, which alone would cap this at 6 to 8. It scores 9 because it also publishes another firm's CySEC licence 261/14 as its own and carries a warning-list entry, both of which are explicit top-band triggers.
Identity & transparency
9/10 · CriticalFour different entity names across the site, a registered address that splices a Comoros post box onto a Sofia street, a licence held by a different company from the one taking deposits, a mass-registration agent address, and a rival broker's support email left in the footer.
Withdrawals & conduct
9/10 · CriticalFund-integrity pattern meeting all four axes: the same mechanism of approved-then-unpaid withdrawals and voided profits, clustered March to July 2026, from different clients in four countries, with account numbers, dates and amounts.
Reputation
8/10 · CriticalTrustpilot has suspended the rating for a guidelines breach and the distribution is entirely bimodal, alongside a Financial Commission warning. Held below 9 because the volume is only thirteen reviews and no statutory regulator has acted.
Website claims
10/10 · CriticalCalls itself a true regulated broker while publishing another company's CySEC licence, claims over 50,000 traders and millions of users against an app with 100 or more installs on a one-year-old domain, and copies Australian broker marketing copy having no Australian presence.
Operational history
8/10 · CriticalVerified track record of about one year, with domains registered 3 September 2025 and the licence effective January 2026, set against claims of a large established client base. Short history, no evidenced predecessor operation.
Who they are
A quick desk file on the company behind the brand.
- Brand: Nexcbit Market
- Legal entity: Nexcbit Markets Ltd, registration 2025-00633, Saint Lucia. A second entity, Nexcbit Market Global Ltd (Comoros IBC HV00126490), holds the licence. A third name, Nexcbit Markets Ltd Integrated Limited, appears in the site's own risk warning.
- Registered: Ground Floor, The Sotheby Building, Rodney Village, Rodney Bay, Gros-Islet, Saint Lucia. The site instead prints a spliced address, P.B. 1257 2 Pozitano Str, which joins a Comoros post box to a Sofia street, and gives a physical address in Batumi, Georgia.
- Website: nexcbitmarket.com, with the client portal at member.nexcbitmarket.com. Both domains were registered on 3 September 2025.
- Only licence: Mwali International Services Authority (MISA), Comoros, number BFX2026010, held by Nexcbit Market Global Ltd and in force from 21 January 2026 to 21 January 2027.
- Also claimed: CySEC licence 261/14 and a group relationship with FXPRIMUS. Neither belongs to this operation.
- Offers: forex, indices, metals, crypto and share CFDs on MetaTrader 5, leverage to 1:3000, minimum deposit 10 US dollars, funding in Bitcoin, Ethereum and USDT only.
- Not accepted: United States, United Arab Emirates, India, Cuba, Iran, Myanmar, North Korea, Sudan, Israel, China and Singapore.
- Age claim: no founding year is advertised, but the site claims a community of over 50,000 traders and invites visitors to join millions of traders. Its Google Play app shows 100 or more installs.
Regulation
Who really oversees this broker, and what each licence is worth to you.
Proof of regulation on an official register: Yes
We confirmed this broker on a genuine regulator’s register.
Licences the broker publishes
Mwali International Services Authority (MISA)
Cyprus Securities and Exchange Commission (CySEC)
Why we reached this verdict
How the evidence adds up.
Five findings drive this verdict, and the first is the one that matters most.
- It wears another firm's licence. The footer on every page says the Nexcbit Market website is an operated subsidiary of Primus Global Ltd, a member company of the FXPRIMUS Group, and then gives that firm's Cyprus registration number HE 337614 and CySEC licence 261/14. CySEC's own register entry for Primus Global Ltd confirms the licence number and registration number, and lists one approved website: fxprimus.eu. The paragraph is FXPRIMUS's own corporate boilerplate with the brand name swapped in. Nexcbit Market is not an FXPRIMUS entity and is not covered by that licence.
- An industry body has warning-listed it by name and by domain. The Financial Commission added Nexcbit Markets Ltd and nexcbitmarket.com to its warning list on 13 March 2026, after trader submissions, and states that the company and its website may be used to scam and defraud traders and investors.
- Clients describe the same failure, repeatedly and with detail. On Trustpilot, a client in Zambia requested a withdrawal on 28 April 2026, received an approval email on 30 April, and had still not been paid on 11 May. A client in Pakistan reports an approved withdrawal unpaid for more than a week, quoting account number 93473, and says the support address bounces and WhatsApp messages go unanswered. A client in the United Arab Emirates says profit withdrawals are refused as invalid under a risk policy that the company will not identify. Another reports 3,000 US dollars lost. Eight of the thirteen reviews are one star and five are five star, with nothing in between, and Trustpilot has withdrawn the company's rating for a breach of its guidelines.
- The terms give the company an unlimited excuse, because they say almost nothing. Section 12, headed Withdrawals, contains only a generic sentence about reasonable operational measures. So do section 28, headed Prohibited Trading Practices, and section 46, headed Governing Law. Yet when a client complained publicly about an unpaid withdrawal, the company replied that high frequency trading is clearly stated in its terms as not permitted. No such statement exists in the published document. What the terms do contain is a set of clawbacks: profits from any automated trading may be cancelled, bonuses are stripped at the moment a withdrawal is requested in a way that can affect open positions, a minimum holding period is judged solely on the company's own timestamps, and profits above 500 US dollars on the cashback bonus may be reversed.
- The infrastructure points to a shell network. The email link in Nexcbit's own footer resolves to support@yellowboxmarkets.com, a different broker. Yellowbox Markets is registered in Saint Lucia under number 2025-00712 at Ground Floor, The Sotheby Building, Rodney Bay, the same registered-agent address used by Nexcbit Markets Ltd, an address shared by a long list of unlicensed offshore brands.
We credit what is real. The MISA licence is genuine and in force to January 2027, and a real MetaTrader 5 server exists, so there is a trading platform behind the brand rather than a pure simulation. But MISA is an autonomous-island registrar rather than a functioning supervisor, the Comoros central bank has publicly disavowed its licences, and the licence is held by Nexcbit Market Global Ltd while the company that contracts with clients and takes their money is the Saint Lucia entity. That licence protects no deposit.
On the scale, regulation, identity and withdrawal complaints carry double weight, which gives a weighted score of 89 out of 100. That sits in the likely-scam band rather than the confirmed band, and deliberately so: the single hardest piece of evidence is the borrowed CySEC licence, and no statutory regulator has yet published a warning naming this operation. The operation is also barely a year old, which is a risk in its own right, though here the evidence-based figure already stands far above the level at which a young-broker adjustment would apply.
Evidence ledger
Every finding, with its source and how strongly it points.
E1Nexcbit's footer states that its website is an operated subsidiary of Primus Global Ltd, a member company of the FXPRIMUS Group, and gives Cyprus registration HE 337614 and CySEC licence 261/14. CySEC's register shows those identifiers belong to Primus Global Ltd, licensed 22 December 2014, with one approved website: fxprimus.eu. The licence does not cover Nexcbit Market.
E2The Financial Commission placed Nexcbit Markets Ltd and the website nexcbitmarket.com on its warning list on 13 March 2026, stating that the company and associated website may be used to scam and defraud traders and investors, and advising against doing business with the entity or with people claiming to represent it on social media or messaging apps.
E3Trustpilot carries thirteen reviews for nexcbitmarket.com, eight at one star and five at five star with none in between, and the rating is suspended for a breach of platform guidelines. One-star reports describe a withdrawal requested 28 April 2026 and approved 30 April but unpaid on 11 May, an approved withdrawal unpaid over a week on account 93473, profit withdrawals refused as invalid under an unexplained risk policy, and a loss of 3,000 US dollars.
E4The published terms are placeholder text. Section 12 Withdrawals, section 28 Prohibited Trading Practices and section 46 Governing Law each repeat the same generic sentence and set out no actual terms. The clauses that do carry content permit cancellation of profits from any automated trading, removal of bonuses when a withdrawal is requested in a way that can affect open positions, a minimum holding period judged solely on the company's own timestamps, and reversal of profits above 500 US dollars on the cashback bonus.
E5Replying publicly to a client whose approved withdrawal went unpaid, the company said that high frequency trading is clearly stated in its terms as not permitted and that the account was reviewed accordingly. The published terms contain no such statement: the section headed Prohibited Trading Practices is filler. The stated ground for withholding the money does not exist in the document it cites.
E6The deposit section of the home page lists Bitcoin, Ethereum and USDT as the only funding methods, with no card or bank transfer rail, at an operation holding no tier-1 or tier-2 licence. Crypto deposits are effectively irreversible once sent.
E7The email link in Nexcbit's own footer resolves to support@yellowboxmarkets.com, the support address of a different broker. Yellowbox Markets is registered in Saint Lucia under number 2025-00712 at Ground Floor, The Sotheby Building, Rodney Village, Rodney Bay, the identical registered-agent address recorded for Nexcbit Markets Ltd. Two independent links between the operations.
E8Both nexcbitmarket.com and nexcbitmarkets.com were registered through GoDaddy on 3 September 2025, seconds apart, giving an operating history of about one year against a site that invites visitors to join a community of over 50,000 traders and describes millions of traders using the platform.
E9The Nexcbit Market trading app on Google Play shows 100 or more installs and is published by a developer account named TECHY SQUAD rather than any Nexcbit entity. Its data safety declaration states that data is not encrypted. The install count contradicts the claimed client base by several orders of magnitude.
E10The site names four different corporate identities: Nexcbit Markets Ltd with registration 2025-00633, Nexcbit Market Ltd and Nexcbit Market Global Ltd with Comoros IBC number HV00126490, and Nexcbit Markets Ltd Integrated Limited in the risk warning. The registered address is printed as P.B. 1257 2 Pozitano Str, splicing a Comoros post box onto a Sofia street, with a separate physical address in Batumi, Georgia. The published LinkedIn link points to an internal administration dashboard rather than a public page.
E11The About page states an aim to make global market access easier, faster and significantly more affordable than what is available in Australia today. The operation has no Australian entity, no Australian licence and no Australian presence, indicating the page was assembled from another broker's marketing copy.
ModerateNexcbit Market About pageE12The registered address Ground Floor, The Sotheby Building, Rodney Village, Rodney Bay, Gros-Islet is a registered-agent and mass-registration address in Saint Lucia, shared by a long list of unlicensed offshore broker brands operating through the same offshore services provider.
E13The Mwali International Services Authority licence BFX2026010 is confirmed on record as active, issued to Nexcbit Market Global Ltd in the Comoros and running from 21 January 2026 to 21 January 2027. The licence holder is a different company from Nexcbit Markets Ltd, the Saint Lucia entity that contracts with clients and receives their deposits. The registrar's published list of authorised brokerage companies extends only to December 2024 and so does not carry any 2026 licence.
E14A genuine MetaTrader 5 server named Nexcbitmarket-Trade exists, and the desktop, Android and iOS platform downloads are served from MetaQuotes' own distribution network rather than a self-hosted installer. A real trading platform sits behind the brand.
E15A sweep of the statutory warning and alert lists of the FCA, ASIC, the CFTC, MAS, the SFC and the IOSCO aggregate portal returned no entry naming Nexcbit Market, Nexcbit Markets Ltd or nexcbitmarket.com as at the date of writing. The only warning-list entry found comes from an industry dispute-resolution body rather than a government regulator.
E16The client portal at member.nexcbitmarket.com is live and accepting registrations and logins, so the operation is actively onboarding and funding clients at the date of writing.
ModerateNexcbit Market client portal
The other side
The strongest case in this broker’s favour.
The case in the broker's favour, tested honestly:
- The Comoros licence is real. We confirmed BFX2026010 on record as active, issued to Nexcbit Market Global Ltd and running from 21 January 2026 to 21 January 2027. The Mwali registrar's published list of authorised brokerage companies stops at December 2024 and therefore does not carry any 2026 licence, so the absence of this number from that list is a limit of the list and not a mark against the broker. We do not treat it as a fabrication.
- There is a genuine trading platform. The MetaTrader 5 server Nexcbitmarket-Trade exists and the desktop and mobile downloads come from MetaQuotes' own distribution network rather than a self-hosted installer. That rules out the crudest form of fake terminal.
- No statutory regulator has acted. We checked the warning and alert lists of the FCA, ASIC, the CFTC, MAS, the SFC and the IOSCO aggregate portal. None names this company or this domain. The only warning-list entry comes from the Financial Commission, which is an industry dispute-resolution body and not a government regulator.
- Some clients report being paid. Five of the thirteen Trustpilot reviews are five star and mention fast withdrawals. We weighed them and set them aside: each is a single line from an account with one lifetime review, they cluster in December 2025 and March 2026, and Trustpilot has itself suspended the company's rating for a guidelines breach, which is what that platform does when it detects manipulation.
- Could this be a genuine FXPRIMUS regional arm? We tested it, because that would change everything. It does not hold. FXPRIMUS operates through Primus Markets INTL Ltd at fxprimus.com and Primus Global Ltd at fxprimus.eu, and CySEC lists only fxprimus.eu against licence 261/14. The Nexcbit paragraph reproduces FXPRIMUS's own wording with the brand substituted, and even misstates the Limassol street address that CySEC records.
- Could the complaints be planted by a competitor? We applied the usual filters. The reports run from November 2025 to July 2026 rather than in a burst, come from four different countries, share no template wording, and none steers the reader to a rival broker. They pass.
What would change this
What we would need to see to revise the verdict.
Specific, checkable things that would move this verdict:
- FXPRIMUS or CySEC confirming that Nexcbit Market is a genuine group entity, or CySEC adding nexcbitmarket.com to the approved websites for licence 261/14. That would remove the single hardest finding and would move the verdict sharply toward the low-risk end.
- Nexcbit removing the FXPRIMUS and CySEC paragraphs from its site and presenting itself accurately as a Comoros-licensed, Saint Lucia-registered broker. That alone would cut the regulation and website-claims scores substantially.
- The Financial Commission removing Nexcbit Markets Ltd from its warning list.
- Publication of real terms, in particular an actual withdrawal clause, a real list of prohibited trading practices and a named governing law, so that clients can see the rules their profits are judged against before they deposit.
- A pattern of the outstanding withdrawals being paid, evidenced by the same complainants updating their reports, together with card or bank funding rails alongside the current crypto-only deposits.
- Conversely, a warning naming this domain from a statutory regulator such as the FCA, ASIC or the CFTC, or a credible report of a demand for an extra payment before funds are released, would push this to a confirmed scam.
Check it yourself
Official registers and warning lists. Verify every claim first-hand.
CySEC register: Primus Global Ltd, licence 261/14
The real holder of the CySEC licence Nexcbit quotes. Its only approved website is fxprimus.eu.
Financial Commission warning list entry
Warning published 13 March 2026 naming Nexcbit Markets Ltd and nexcbitmarket.com.
MISA list of authorised brokerage companies
The Mwali registrar's published brokerage list. Nexcbit publishes no verification link for its own licence.
Trustpilot reviews for nexcbitmarket.com
Client reports, and the notice that the rating is suspended for a guidelines breach.
Nexcbit Market on Google Play
Install count and developer account behind the trading app.
Frequently asked questions
Quick answers about this broker’s safety.
Is Nexcbit Market a scam?
We assess the risk as high and rate it a likely scam at 89 out of 100. It publishes another regulated firm's CySEC licence and a false group relationship with FXPRIMUS, it sits on the Financial Commission's warning list, and clients report approved withdrawals that were never paid. We recommend not depositing.
Is Nexcbit Market a fraud?
No court or statutory regulator has made a finding of fraud against Nexcbit Markets Ltd, so we do not state one. What we can say is that the Financial Commission warned on 13 March 2026 that the company and its website may be used to scam and defraud traders, and that we assess the risk of fraud as high on the evidence we gathered.
Is Nexcbit Market regulated?
Only in the weakest sense. It holds a Mwali International Services Authority licence from the Comoros, number BFX2026010, in force to 21 January 2027. MISA is an autonomous-island registrar rather than a working supervisor, and the Comoros central bank has publicly disavowed its licences. There is no meaningful oversight of your money.
Does Nexcbit Market really hold a CySEC licence?
No. The site quotes CySEC licence 261/14 and Cyprus registration HE 337614, and says it is a subsidiary of Primus Global Ltd in the FXPRIMUS Group. CySEC's register shows those numbers belong to Primus Global Ltd, whose only approved website is fxprimus.eu. Nexcbit Market is not covered by that licence.
Can I withdraw my money from Nexcbit Market?
Several clients say they could not. Reports on Trustpilot describe withdrawals marked as approved and then never paid, one requested on 28 April 2026 and still outstanding on 11 May, and profits cancelled as invalid under a risk policy the company will not explain. If you hold a balance, request it now and keep dated records.
Is my money safe with Nexcbit Market?
No. The only licence it holds gives no compensation scheme and no supervision of client funds, the licence is held by a different company from the one you contract with, and deposits are taken only in Bitcoin, Ethereum and USDT, which are effectively irreversible once sent.
Who owns and operates Nexcbit Market?
The contracting company is Nexcbit Markets Ltd, registration 2025-00633, registered in Saint Lucia at The Sotheby Building, Rodney Bay, an address used by many unlicensed offshore brands. A separate company, Nexcbit Market Global Ltd in the Comoros, holds the licence. No directors or owners are named anywhere on the site.
How old is Nexcbit Market?
About a year. Both nexcbitmarket.com and nexcbitmarkets.com were registered on 3 September 2025, and the Comoros licence took effect on 21 January 2026. That is a very short record for a firm inviting clients to join a community it describes as tens of thousands of traders.
Is Nexcbit Market a clone of FXPRIMUS?
It borrows FXPRIMUS's identity without being part of it. The regulatory paragraph in Nexcbit's footer is FXPRIMUS's own wording with the brand swapped in, including the CySEC licence number. FXPRIMUS operates at fxprimus.com and fxprimus.eu and has no connection to nexcbitmarket.com.
What is a MISA licence from the Comoros worth?
Very little. MISA is a registrar on the autonomous island of Mohéli, not a financial supervisor with examination or enforcement powers. It runs no compensation scheme and does not segregate or audit client money. Treat a MISA licence as evidence that a company paid a registration fee, not that anyone is watching it.
Why is Nexcbit Market's Trustpilot rating missing?
Trustpilot has suspended the rating for a breach of its guidelines, which is what it does when it detects review manipulation. The underlying reviews remain visible: eight of thirteen are one star and five are five star, with nothing in between, a split that typically indicates planted positive reviews.
What do Nexcbit Market's terms say about withdrawals?
Almost nothing. Section 12, headed Withdrawals, contains only a generic sentence, as do the sections headed Prohibited Trading Practices and Governing Law. The clauses that do carry detail let the company cancel profits from automated trading, strip bonuses when you request a withdrawal, and reverse profits above set limits.
What should I do if I have already deposited with Nexcbit Market?
Request a full withdrawal immediately and document every step. Never send an additional payment to release funds, as that is the advance-fee pattern. Report the loss to your local police or financial regulator, file a complaint with the Financial Commission, and ask your bank about a chargeback if you paid by card.
What should I check before depositing with any broker?
Take the licence number from the broker's site and search it on the regulator's own register, not on the broker's page. Then confirm the register lists your broker's exact website address. That single check would have exposed the CySEC claim on this site in under a minute.
What we recommend
The practical takeaway from everything above.
Our advice to anyone considering or already holding an account:
- Do not deposit. The licence this broker leans on in its marketing is not its own, and the one it does hold offers no protection for client money.
- If you hold a balance, request a full withdrawal now and keep a dated record of the request, the approval email and the destination wallet. The reported pattern is approval followed by silence, so the paperwork matters.
- Do not add funds to release funds. No legitimate broker requires a further payment before paying out. If anyone asks for a tax, fee or verification payment to unlock a withdrawal, stop and treat it as theft.
- Avoid the messaging funnel. Support is steered to a WhatsApp number, and clients report that messages there and to the support address go unanswered.
- If you have lost money, report it to the police or financial regulator where you live, raise a complaint with the Financial Commission, and if you paid by card ask your bank about a chargeback. Ignore anyone who contacts you offering to recover the funds for an upfront fee, which is a common follow-up scam.
- Before any broker gets your money, check the licence number on the regulator's own register and confirm that your broker's exact website address is the one the register lists.
This is an independent assessment of risk, not a legal ruling. Scores and verdicts follow the Wikilix broker-safety methodology and can change as new evidence appears. Review scores are treated with caution when a broker’s reviews look manipulated. Last reviewed September 29, 2026. If any detail here is out of date or incorrect, or you represent this broker, please contact us.