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/10

NEXTGEN

United Arab Emirates|2-5 years|
Suspicious Regulatory License|Suspicious Scope of Business|High potential risk|

http://www.nextgendmcc.com/index.php

Website

Rating Index

Contact

+971 4 4560384
accountsdgcx@nextgendmcc.com
http://www.nextgendmcc.com/index.php
HDS BUSINESS CENTER Office No: 1008, 10th Floor M-Cluster JUMEIRAH LAKE TOWERS, DUBAI, UAE

Licenses

No valid regulatory information, please be aware of the risk!

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No restriction on the broker account. Support service provided by WikiFX

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Warning: Low score, please stay away!
Previous Detection : 2024-03-29
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

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NEXTGEN · Company Summary

Registered Country/Region United Arab Emirates
Regulation No License
Products Stocks, Futures, Forex, CFDs, ETFs, Mutual Funds, Indices, Hedge Fund Investing
Services Retail Broking, Arbitrage and Hedging Platforms, Internet Trading, User Friendly Online Trading Platforms, Managed Accounts, Online Trading Platform for Bullion, Forex, Metal, Energy, Indices, and more
Customer Support Tel: +971 4 4560384 Email:accountsdgcx@nextgendmcc.comWeb: www.nextgendmcc.comWhatsApp

General Information & Regulation

NEXTGEN, a trading name of Nextgen International DMCC, is allegedly a financial company registered in the United Arab Emirates with registration number DMCC-0575 and license number DMCC-30283. The broker claims to provide its clients with multiple trading products and services. Here is the home page of this brokers official site:

General Information & Regulation

As for regulation, NEXTGENs website states it is regulated by the Securities and Commodities Authority with license number 607044. However, it has been verified that the broker does not fall under any valid regulations. That is why its regulatory status on WikiFX is listed as “No License” and it receives a relatively low score of 1.12/10. Please be aware of the risk.

General Information & Regulation

Products

NEXTGEN advertises that it offers access to a wide range of trading products in financial markets, including stocks, futures, forex, CFDs, ETFs, mutual funds, indices and hedge fund investing.

Services

NEXTGENs website says it offers all kinds of financial services, covering retail broking and Internet trading services, as well as offering managed accounts, arbitrage and hedging platforms and online trading platforms.

Services

Customer Support

NEXTGENs customer support can be reached by telephone: +971 4 4560384, email: accountsdgcx@nextgendmcc.com or send messages online to get in touch. You can also follow this broker on social networks such as WhatsApp, Twitter, Facebook and LinkedIn. Registered Office: 1008, 10th Floor M-Cluster JUMEIRAH LAKE TOWERS, DUBAI, UAE.

Pros & Cons

Pros Cons
Wide selection of products and services provided No Regulation
No Online Chat
No details about its products, services
No spreads, leverage information offered

Is NEXTGEN regulated?

No, NEXTGEN is not regulated, and it was given a very low score of 1.21/10 on WikiFX.

What products and services does NEXTGEN offer?

NEXTGEN offers a series of trading products including Stocks, Futures, Forex, CFD, ETFs, Mutual Funds, as well as Hedge Fund Investing. Services include Retails Broking, Arbitrage and Hedging Platform, Internet Trading, and more.

How I can contact with NEXTGEN?

NEXTGEN can be reached through Telephone, Email, WhatsApp. Alternatively, you can also follow this broker on some social media platforms, such as Facebook, Twitter, and Linkedin.

Risk Warning

Online trading involves a significant level of risk and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.

Broker Information

Company Name

Nextgen International DMCC

Company Abbreviation

NEXTGEN

Regulatory Status

No Regulation

Platform registered country and region

United Arab Emirates

Phone of the company
  • +971 4 4560384

Twitter

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Facebook
Instagram

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YouTube

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Company address
  • HDS BUSINESS CENTER Office No: 1008, 10th Floor M-Cluster JUMEIRAH LAKE TOWERS, DUBAI, UAE

Linkedin
WhatsApp

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QQ

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WeChat

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Customer Service Email Address
  • accountsdgcx@nextgendmcc.com

Company Summary

User Reviews

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3

Comments

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FX1286573346
more than one year
NEXTGEN runs an anonymous website with no useful contents on it at all. As a trade with many years’ trading experience, I can immediately tell this company is a fraud.
2023-02-24 14:44
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0
0
小雨48700
more than one year
I do see their “positive” reviews on internet, but they are totally jokes. Can you believe? just several days ago, an agent from this company kept inducing me to make an investment here, and I said no. Guys, sharpen your eyes, this is a 100% scam.
2022-12-02 18:52
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0
0
相由心生1867
more than one year
No access to their trading platforms and websites. I also tried to contact my account manager, but he's not answering my phone. And I can't reach customer service. Did they go missing and run away?
2022-12-02 17:52
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