NXG Markets Review

Updated: April 10, 2026
NXG Markets
Views92

Fast Facts

Founded:
2022
Headquarters:
Australia
Regulations:
MISA (Mwali, Commoros)

Contact Info and Support

Traffic information

CategoryMetricsMeaning
RatingsGlobal Rank476046
Country CodeIN
Country Rank39238
Category Rank-
Engagement metricsVisits67866
Bounce Rate0.2428
Pageviews per Visit3.87
Avg. Visit Duration372.58
Estimated monthly visitsDecember 202522952
January 202634764
February 202667866
Top countriesIndia (IN)77.98%
United States (US)22.02%
Traffic sourcesDirect42.79%
Search40.42%
Referrals9.17%
Social5.05%
Paid Referrals1.7%
Mail0.57%
Top keywordsnxg markets190 ◦ $120
nxg markets no deposit bonus30 ◦ $30
nxg games store240 ◦ $10
nxg210 ◦ $3.46 ◦ $0
nx trade130 ◦ $0

About NXG Markets

NXG Markets Limited holds authorization for brokerage services from the MWALI International Services Authority (MISA) under License No. T2022091. The license was issued on April 19, 2022 and expired on April 19, 2025 (Company number HY00422005, CEO and UBO: Sumit Menta) — license details can be verified on the Mwaliregistrar portal. The broker also presents registration as an MSB with FinCEN in the USA (Registration No. 31000305990765) and asserts advisory registration with ASIC in Australia (ABN 93 623 948 998, AFS License No. 001308207) via its privacy policy. The statutory addresses are cited as Bonovo Road, Fomboni, Island of Moheli, Comoros Union, and #806, Al Serkal Building 2, Port Saeed, Dubai, UAE.

Trading platforms explicitly offered include MetaTrader 5 (desktop, web, mobile) and cTrader. The broker promotes access to over 100 products across multiple asset classes, including 40+ forex pairs plus CFDs on commodities, indices, crypto, and select equities. Account types reportedly include ECN (raw spreads from 0.0), Pro, and Islamic (swap‑free), with minimum deposit tiers starting at USD 25 and leverage up to 1:1000. Services are restricted for residents of the United States, Cuba, Iraq, Myanmar, North Korea, and Sudan. The site states that negative balance protection (NBP) is provided. Deposit and withdrawal methods are described as multiple options, though specifics are not listed.

Pros and cons

Pros

  • Regulated by MISA (License T2022091) with verifiable issuance and expiry dates.
  • Brings popular platforms (MT5 and cTrader) and a broad multi-asset offering.
  • Offers swap-free (Islamic) accounts and claims negative balance protection.

Cons

  • ASIC advisory license attribution is unclear — registry checks do not confirm that it is held by NXG Markets.
  • MISA is an offshore regulator with limited oversight and recognition, raising investor protection concerns.
  • Numerous client complaints of withdrawal delays or issues have been publicly reported; the firm attributes delays to verification but resolution remains contested.

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