ANSWER NexaMarkets is an unlicensed broker even though it states offers that look too good to be true.As we tried to access the broker's website using the link provided in your question, we found it is unavailable. It is a bad sign for brokers, as changing the website address frequently or shutting down the site without a valid reason is a common characteristic of unlicensed brokers engaging in fraudulent activities.Regarding your question, we would suggest not to trade with NexaMarkets. Letting this broker hold and control your funds or trading with them is very risky, as there are no safeguards in place to prevent fraud or theft. We would recommend staying away from such unlicensed brokers as NexaMarkets and trading with fully regulated brokers.
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