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Nextmarkets is a Cologne-based neobroker that also wants to help private individuals to be more successful on the stock market: Quite simply and digitally, nextmarkets’ stock market coaches provide support in trading stocks and give free analyses.
They show that stock trading does not have to cost anything: At nextmarkets, there is neither a custody fee nor a trading fee (or a third-party fee, etc.). They advertise to have “no hidden costs”: No trading fees for all trades from 250 EUR, below only 1 EUR per trade. There is no custody fee.
Fast: Customers can register and verify themselves in five minutes: After that, they can trade their first shares.
DISCLAIMER: Contracts for Difference (CFDs) Trading involves a high degree of risk to your capital. 56.65% of retail investor (CFD) accounts lose money. This risk differs for every investor and you should seek independent advice if necessary.
You can open an account directly in the nextmarkets app or on their website in under 6 minutes, or through your Smartphone. You should be at least 18 years old. They will require a copy of your identification card for proof and your address. Your account will be activated after a successful registration, and no minimum deposit is required.
Nextmarkets charges no fees for opening an account and no management fees. They also offer commission-free stocks trading. Their corporate structure and system automation eliminates order and custody fees. They hold your money in a separate client trust account and it is protected by the deposit guarantee. You can either deposit funds by paying by bank transfer or by credit card (MasterCard, or Visa). The money is immediately available for trading if you pay by credit card.
For Securities Account
Clearing Account
Corporate Actions
Earnings
Mandatory Documents
Optional Documents
Confirmation of address
Others
Nextmarkets take the safety of their customers and the security of their money with high importance. They provide cutting edge technology and valuable information to ease trade among their traders. Trade safely by:
Sign up today and enjoy safe and secure CFD trading.
Trading is done on the gettex trading platform managed by the Munich Stock Exchange segment. Price quality is monitored by the exchange.
Note:
Nextmarkets offers a free mobile app in the App Store and the Play Store.
To begin trading or investing on Nextmarkets you have to verify your account. The following data is required when you open a securities account; to verify your account and begin trading:
Also, any and all additional information to protect against anti-money laundering purposes will be prompted.
They will also request to know your knowledge and experience in securities trading. This way they can inform you with regard to your previous experience on the best or right products to trade.
Verification when registering with nextmarkets is subject to strict regulations and undergoes scrutiny and mandatory checks, as a result, they cannot always ‘immediately’ open a stock trading account just like that. According to their regulations, they are required to check individual account openings. If they require further or additional information or details from you, they will contact you proactively. After all reviews have been completed and verified as successful, you will receive a confirmation of the opening of your new nextmarkets stock trading account via email.
DISCLAIMER: Contracts for Difference (CFDs) Trading involves a high degree of risk to your capital. 56.65% of retail investor (CFD) accounts lose money. Always consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money. This risk differs for every investor and you should seek independent advice if necessary.
