According to our team’s research, NENX App does NOT provide demo accounts. We also found out that they do not rate highly in Google Trends and there is no significant data about them. As an alternative we selected the top brokers that provide a Demo account for free.
Top10BinaryDemo cannot confirm that NENX App can offer you a demo account. In order to avoid risking real money you can Proceed to an Approved Broker with Demo Account OR choose from the Top Demo Brokers:
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The world of binary options investment brokers is ever-expanding. New profit-amplifying platforms come out day after day. It is easy to fall into the trap of a scam. Some hoaxes have state-of-the-art graphic design and user-friendly interface. They will do anything in order to lure traders in.
On the other hand, we’ve got the legitimate binary brokers. The ones that can get the job done. Reliable profit-increasing platforms are hard to find and sometimes uncommon, but this does not mean that they do not exist. Every time an investment broker is released, the online trading community raises its eyebrows in anticipation.
The current review will pay special attention to a new binary options broker. It’s name is NENX. Read the following review to learn if it is a legit income-amplifying solution or a scam one.
General NENX Facts
This is a binary options broker that operates on iOS and Android devices as an application for the time being. It is expected for it to be made available for desktop laptops and computer devices quite soon. NENX allows for investing with a wide range of assets from the four main types: commodities, currencies, stocks and indices.
Users are also provided with the ability to pick from a variety of time frames. From 60 seconds to 5 minutes.
Unfortunately, at least for the present moment, we were unable to find more concrete data about the Nenx binary options broker.
Interesting to Know:
CySEC, or the Cyprus Securities and Exchange Commission, was the first regulatory authority in the European Union to classify binary options as a financial instrument. The official body is responsible for the imposition of fines, termination of trading licenses of binary trading software and brokers, usage of different names and which words can be included in them.
Specific Characteristics of Nenx
We were able to find out that this binary investment broker has several distinct special features. Some of them are almost the same as the characteristics of other trading platforms. Others are unique only to NENX. They are listed below as follows:
- Education Center: This binary options broker platform provides its very own virtual library. It features the basic principles of trading and is good for novices.
- News Section: Here investors, especially more trained and experienced ones, are given the ability to learn the latest and hottest from the financial sphere.
- 24/7 Support: The customer care offered by the NENX platform is extremely exquisite. If online users happen to have any type of questions, then they can reach the binary broker’s team via email, telephone hotline or even visit them at a given address.
- Low Deposit Rate: After completing the initial sign up process one can place a trade with only €10.
How Does NENX Operate?
This binary options investment broker functions in the same manner that most other do. It gives users the chance to execute trades by providing them with real-time information. The data concerns ongoing global events that might have a positive or negative impact on a certain asset’s price. These indicators can make it increase or decrease. Online investors just have to make an accurate prediction which one of the two will happen.
Our team was capable of stumbling onto only these basic facts about the NENX binary broker. More data is anticipated.
Can NENX be Considered Legit or a Scam?
For the present moment, we are unable to make a 100% solid judgment whether the NENX broker platform is legitimate or a scam. There are some indicators that it might be reliable and trustworthy. But until more data and users’ feedback is accessible, we can not recommend it to traders for safe and secured trading.
Final NENX Thoughts
This binary options investment broker was launched just recently. Because of this, there is insufficient information on it. Our users better deter from using it as a trusted trading tool until we have learned more about the means by which it functions.
Also, online traders’ satisfaction rate needs to be estimated. And this calls for more feedback from investors. Until such is available, the said should turn to a proven to be trustworthy binary broker platform.
After our research we concluded that NENX App does not provide a demo account.
The lack of practice account and risk free trading makes this broker unsuitable for traders who want to learn how to trade without losing their investment.