Global Broker Regulation Inquiry App
WikiFX
helpneeded 
1-2 years
What are the downsides of Nexus?
Broker Issues
Regulation
05-19
United States
WikiFX
Reply
After using the platform, I’ve noticed a few cons. The main issue for me is the lack of MT4 or MT5 support, which are platforms I’m used to. I also couldn’t find any details about Nexus fees, spreads, or commissions, which makes it hard for me to calculate the exact costs of trading. Additionally, there’s no demo account available, so I can’t test the platform risk-free before diving into live Nexus trading.
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