nextmarkets Review 2021

nextmarkets is a German stock and CFD broker with more than 800 instruments available for web and mobile-based trading.

nextmarkets is broker that offers traders CFD, Forex, Cryptocurrency and Stocks. Surprisingly, nextmarkets does not support either of the enormously popular MetaTrader platforms (4 and 5).

In terms of features offered to traders, nextmarkets has Demo Accounts but is missing Islamic Accounts, Social Trading, Signals and Auto Trading.

nextmarkets also gives traders access to 3 cryptocurrencies: BTC, ETH and DOGE.

nextmarkets is regulated, but not by the FCA here in the UK. While this is not necessarily an issue, very careful traders might want the extra safety of using an FCA-regulated broker.

nextmarkets Summary

nextmarkets is a German stock and CFD broker with more than 800 instruments available for web and mobile-based trading.

Ratings

30%
Trust
66%
Instruments
14%
Features
BonusNone
InstrumentsCFD, Forex, Crypto, Stocks
Demo Account
Min. Deposit$0
Min. Trade$1
Regulated ByMFSA
MetaTrader 4
MetaTrader 5
cTrader
DMA Account
ECN Account
Mobile Apps iOS & Android
Auto Trading
Trade Signals
Social Trading
Copy Trading
Islamic Account

CFD Trading

nextmarkets clients can trade CFDs in a wide range of markets, including stocks, crypto, indices, forex, commodities and ETFs.

Leverage1:30
FTSE Spread1
GBPUSD Spread1
Oil SpreadN/A
Stocks SpreadVariable

Forex Trading

nextmarkets offers more than 20 currency pairs, including major, minor and exotic pairs, available as spot and CFD instruments on Gettex.

GBPUSD Spread1
EURUSD Spread0.6
EURGBP Spread0.8
Assets21

Cryptocurrency Trading

nextmarkets supports crypto trading using CFDs in a range of popular tokens against the US dollar.

SpreadVariable
CoinsBTC, ETH, DOGE

Payment Methods

nextmarkets accepts the following payment methods:

  • Debit Card
  • Credit Card
  • Wire Transfer
  • ADVcash
  • Mastercard
  • Trustly
Risk Warning – Your capital is at risk

FAQ

Is nextmarkets Safe?

In our review we gave nextmarkets a low trust score of 30%, which means that traders should try things out before they deposit any larger amounts. One of the main negative factors in this low score is that nextmarkets is not FCA regulated. Extra careful traders might want to find an alternative in our top list of UK brokers.

Does nextmarkets Accept PayPal?

No, nextmarkets does not accept PayPal payments.

Is nextmarkets Halal?

Probably not, as nextmarkets does not offer an Islamic trading account as far as we know. For alternatives, please see the list of halal brokers.

Is nextmarkets Regulated?

Yes, nextmarkets is regulated by MFSA.

The fact that nextmarkets is not regulated by our own FCA will be a concern to the most careful traders. See our list of FCA regulated brokers for options.

nextmarkets vs Other Brokers

If you want to compare nextmarkets with other brokers, use the detailed comparisons below.

nextmarkets vs
nextmarkets is a German stock and CFD broker with more than 800 instruments available for web and mobile-based trading.