FinCENUnited StatesTier 1Licence number
31000305990765
View licence record- Licence holder
- Held by NXG MARKETS
- Licence type and regime
- Market Making(MM)
Not checkedUpdated
At a glance
Regulation on record for NXG MARKETS
Counts of what is on record, not a rating. Each figure describes the register entries Wikilix holds and the checks it has run against them.
- Licences on record
- 1
- Issuing authorities
- 1
- From tier-1 or tier-2 authorities
- 1
- Found on an official register
- 0
NXG MARKETS has one licence on record with Wikilix, issued by one authority across one jurisdiction. One of them was issued by a tier-1 or tier-2 authority — the regimes with the strictest capital, reporting and client-money rules. None has yet been located on an issuing authority’s own register, so every entry here should be read as claimed rather than confirmed.
Issuing authorities
Jurisdictions
Licence record
Licences on record
Every licence on record for NXG MARKETS, strongest authority first.
1 record
- FinCENUnited StatesTier 1
Protection
What this licence protects
FinCEN's own rules for the firms it authorises.
- No complaints route
- Maximum leverageVaries by firm / local rules
Frequently Asked Questions
Questions about the licences held by NXG MARKETS
Answered from the register entries on this page.
Most Popular Questions
NXG Markets offers customer support via live chat during business hours, email, phone, and social media channels. Support is available primarily in English, and clients can reach out through multiple platforms including Facebook, Twitter, LinkedIn, and YouTube.
NXG Markets offers leverage up to 500:1, but the exact leverage available varies by firm and local regulations. This allows traders to control larger positions with a smaller amount of capital, subject to regulatory limits.
Clients can fund their accounts using methods such as bank transfer, UPI transfer (for India), Ethereum cryptocurrency, Net Banking, Neteller, and Skrill. Deposits typically have no fees, while withdrawals incur a 1% fee. Minimum deposit amounts generally start at 100 to 500 USD or equivalent currencies depending on the method.
NXG Markets provides access to MetaTrader 5, a multi-asset trading platform available on web, iOS, macOS, Android, and Windows. MetaTrader 5 supports Forex, stocks, and futures trading with advanced analytics and algorithmic trading tools.
NXG Markets Limited is registered with the Financial Crimes Enforcement Network (FinCEN) in the United States as a Money Services Business. It is considered a suspicious clone broker according to WIKILIX data, and it does not hold a traditional broker license but is subject to US AML regulations. Clients should exercise caution and verify regulatory status before trading.
NXG MARKETS has one licence record with Wikilix, issued by one authority across one jurisdiction. A licence on record means an authority published an entry; it is not an endorsement, and Wikilix does not issue authorisations.
NXG MARKETS holds licence records issued by FinCEN. Each authority’s own record — its tier, jurisdiction and client-protection rules — is linked from this page.
One of the licence records held by NXG MARKETS comes from tier-1 or tier-2 authorities (1 tier-1, 0 tier-2). Those regimes set the strictest capital, reporting and client-money requirements.
Not yet. None of the one licence record held by NXG MARKETS has been located on an issuing authority’s register, so each should be read as claimed rather than confirmed. Every record links to the official register so you can check it yourself.
NXG MARKETS has licence records in United States. A licence applies in the jurisdiction that issued it; it does not by itself cover clients elsewhere.