NetX Review

About NetX

NetX Group Limited operates via the website and claims to be headquartered at 63 Bermondsey Street, London SE1 3XF, United Kingdom, and also lists an address at Gleimstrasse 52, 10437 Berlin, Germany in its legal documentation, including a Portland, Oregon, US address—2175 NW Raleigh Street, Suite 110, Portland OR 97210, with phone (503) 499‑4342 .

NetX asserts regulation by the UK Financial Conduct Authority (FCA) under reference number 916215; however, the FCA confirms that NetX is not authorised to provide forex or financial services in the UK, indicating absence of valid regulatory oversight . Additional independent investigations corroborate that NetX remains unregulated by any recognised financial authority .

Who it’s for

• Trading clients seeking a broker operating without regulatory protection.
• Individuals prioritizing lower barrier to entry given the broker’s advertised minimum deposit of $100 comparable to similar services, albeit unconfirmed by primary disclosures .

Pros and cons

Pros

• Advertises low minimum deposit (approximately $100) and high leverage up to 1:500, which may appeal to aggressive traders .

Cons

• Operates without any valid regulatory licences; FCA reference 916215 does not correspond to current authorisation to provide financial services in the UK .
• Multiple sources raise concerns regarding its legitimacy and reliability, identifying NetX as an unregulated broker and potential scam .