Summary:
As a global CFD broker, First Nexus offers trading in stocks, forex, cryptocurrency, and other markets. But there are serious red flags that cast doubt on its validity. In June 2025, First Nexus was placed on the British Columbia Securities Commission’s (BCSC) Investment Caution List, citing the platform’s lack of registration. Aggressive sales techniques, slow customer service, and deceptive communication are mentioned in several unfavorable Trustpilot reviews. The general attitude is one of suspicion, even though some users assert that they have recovered money using third-party services. This First Nexus review emphasizes how extremely cautious one must be when using this platform.
First Nexus Review: Is It Safe or Suspicious?
According to First Nexus, it is a global CFD broker that offers trading in indices, stocks, forex, commodities, bonds, and cryptocurrency. Users should exercise caution, though, as indicated by several warning indicators.
About First Nexus
Company Name – First Nexus
Website – https://firstnexus.org/
Address – NA
Regulatory Warning – British Columbia Securities Commission (British Columbia)
(Check full warning here: https://www.bcsc.bc.ca/enforcement/early-intervention/investment-caution-list/2025/first-nexus)
What First Nexus Claims to Offer?
Numerous trading assets, including stocks, forex, cryptocurrency, and more
- Opportunities for leveraged trading
- Global reach
- A platform for professional trading
But do these claims hold up to scrutiny?
Warning Signs About First Nexus
- Listed by BCSC: First Nexus was placed on the British Columbia Securities Commission’s Investment Caution List on June 3, 2025, indicating that it is not registered with them.
- False communication: Several users claim to have been pressured into making additional deposits after receiving phony calls from London.
- Aggressive behavior: When customers decline to increase their investment, Trustpilot reviews point out impolite and deceptive sales techniques.
- Bad customer service: After making deposits, customers said they felt ignored and had to wait weeks for a response.
User Complaints from Trustpilot
- “It was tiring to wait weeks for a response.”
- “One star is too giving. They continued to call me using fictitious numbers.
- “If they are legitimate, they ought to give back what they took.”
Conclusion
This First Nexus review highlights a platform with more red flags than reassurance. Traders are advised to use only regulated brokers and to avoid platforms flagged by official authorities.
How Scams Report Can Assist Victims Get Their Funds Back
If First Nexus Broker is scamming you, then you are not alone. Contact us! Our expert team provides:
- Free Consultation: We analyze your case and advise on the best recovery strategy.
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- Crypto Recovery: We provide specialized crypto fraud recovery solutions for victims who lost money through digital assets.
- Legal Guidance: We connect you with trusted legal partners to escalate fraud cases.
About Scams Report
Scams Report is an authentic platform that offers financial fraud victims assistance in fund recovery services, legal guidance, and chargeback. We aim to help individuals recover lost funds and make informed financial decisions. With informative blogs that are regularly updated, we expose fraudulent brokers and investment scams; thus creating awareness and safety among traders worldwide.
We have continually monitored these emerging scam tactics on the internet to lure new traders. Over a decade of experience tracking activity from scams has given us a wide database of this dishonest company’s data. Our List of SCAM Brokers is solely for you to identify and avoid them in the market.
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Disclaimer: This review is based on online reports and customer complaints. Always research carefully before investing with any broker.
