NextTrade

Trading with NextTrade, operating as Riza Financial (Pty) Ltd in South Africa, involves significant risk as it is an unregulated entity, a status clearly reflected in its critical WikiFX safety score of 1.30.

NextTrade does not hold any verified, mainstream regulatory licenses. It is associated with an FSCA (Financial Sector Conduct Authority) Derivatives Trading License under number 52855; however, this license status is not verified for forex trading operations.

NextTrade has been operating for 2-5 years from its base in South Africa.

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