Review Time
AVOID NXG FOREX - Withheld Withdrawal for 3+ Months
★☆☆☆☆ Extreme Withdrawal Issues - Unreliable and Unprofessional
I am writing this review as a final warning to anyone considering depositing funds with NXG Forex. DO NOT TRUST THIS COMPANY WITH YOUR MONEY.
For over three months, my legitimate withdrawal request has been completely ignored and withheld without any valid reason or explanation. Despite numerous emails, live chat attempts, and only responses I receive are empty promises, scripted replies.
My experience demonstrates a classic pattern of a problematic broker:
Deposits are instant, but withdrawals are impossible.
Customer support is non-existent once they have your money.
No accountability or transparency regarding fund processing times.
NXG Forex has shown a complete lack of professionalism and integrity. Withholding client funds for this duration is unacceptable and raises serious concerns about their financial stability and ethical practices.
I have been forced to escalate this matter to financial regulators and will be pursuing all available legal actions.
Final Verdict:
If you value your capital and peace of mind, STAY AWAY FROM NXG FOREX. There are many reputable, regulated brokers in the market. This company is not one of them. They have effectively stolen my funds, and I am now joining a growing number of clients publicly exposing their practices.
I will update this review only if my withdrawal is miraculously processed, but after 90+ days of silence and excuses, I hold no hope. Save yourself the immense stress and financial risk.
Date of Experience: [November, 2025]
Country of Residence: [Pakistan]
Dear Compliance Team, I am reaching out to express my dissatisfaction regarding the denial of my withdrawal request. I have been told that my assigned representative has left the company, which is being used as the reason for the hold-up. It's important to note that an employee's departure should not impede a client's ability to access their funds. As a customer, I expect my withdrawal to be handled swiftly and without unnecessary barriers. This delay is concerning and may violate fair trading practices. I request a prompt resolution within 7 business days, or I will escalate this matter to the appropriate regulatory authorities.
Dear Compliance Team, I am reaching out to express my dissatisfaction regarding the denial of my withdrawal request. I have been told that my assigned representative has left the company, which is being used as the reason for the hold-up. It's important to note that an employee's departure should not impede a client's ability to access their funds. As a customer, I expect my withdrawal to be handled swiftly and without unnecessary barriers. This delay is concerning and may violate fair trading practices. I request a prompt resolution within 7 business days, or I will escalate this matter to the appropriate regulatory authorities.
I’m sharing my experience — trusting this group was a grave mistake. They took hard-earned money from many individuals and left devastation in their wake. Now they are back under different names, pretending to be new. However, we know who is truly behind it. You cannot simply rebrand and erase past wrongs. The deception and empty promises remain unchanged. This is a warning: do not fall for the same trap again.
I began trading five months ago, and my experience has been positive overall. Withdrawals are processed on time, and support has been helpful. The only downside is that they do not process withdrawals on weekends, but I still give them a full rating.
I believe their communication could be significantly better, and clients should receive more respect. After making deposits, I faced difficulties with payout approvals. It feels like an endless cycle of excuses, and I regret investing my money here.
I lost $433,000 after believing their promises. They made it nearly impossible to withdraw, and support disappeared when I raised concerns. Thankfully, I persisted and, with external assistance, managed to recover my funds. I share this to caution others.
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NXG Markets, an industry-leading Forex and CFD platform since 2017, offers a trustworthy, approachable, and ethical trading environment with a diverse range of instruments. Our user-friendly platform, educational resources, and dedicated 24/7 expert support empower clients to trade confidently, make informed decisions, and excel in their financial journey.
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