Overall Rating: ★★★☆☆ (3.2/5.0)

Nextmarkets is a German fintech broker founded in 2014 and based in Cologne, Germany. It offers zero-commission CFD trading and fractional investing in stocks and ETFs, combining traditional investing with expert-curated trading strategies. Regulated by BaFin (Germany) and operating across the EU under MiFID II, Nextmarkets promotes a modern, mobile-first approach to trading and investing. Its intuitive app, curated trading ideas, and competitive pricing make it appealing to beginners and semi-passive traders—but it lacks some advanced tools and flexibility sought by professionals.

This Nextmarkets review explores its regulatory position, trading features, costs, and whether it’s the right broker for you in 2025.

Key Features

Nextmarkets blends commission-free trading with a curated investment experience, delivered via a clean mobile platform.

• Trading Platforms:
  • Proprietary Web and Mobile App
  • No MT4/MT5 or desktop platform support
• Markets Offered:
  • Stocks, ETFs, forex, indices, commodities, and cryptocurrencies (CFDs)
• Account Types:
  • Single live account
• Leverage:
  • Up to 1:30 for retail clients (EU rules)
• Minimum Deposit:
  • €0 (though a small balance is recommended to begin trading)

Regulation and Security

Nextmarkets is regulated by Germany’s Federal Financial Supervisory Authority (BaFin), ensuring compliance with strict EU laws.

• BaFin-regulated – Registration No. 27306
• Operates under MiFID II framework
• Client funds held in segregated accounts with European banks
• Investor protection up to €20,000 via EdW (Entschädigungseinrichtung der Wertpapierhandelsunternehmen)
• Negative balance protection included

Pricing and Costs

Nextmarkets offers zero commissions on trades and tight spreads, but still earns through the bid-ask spread.

• Spreads:
  • Forex pairs: From 0.6 pips
  • Indices: From 0.5 points
  • Crypto: From 0.25% spread
• Commissions:
  • None for CFDs, stocks, or ETFs
• Deposit/Withdrawal Fees:
  • Free via SEPA and credit cards
• Inactivity Fee:
  • €5/month after 12 months of inactivity

Educational Resources and Customer Support

Nextmarkets delivers in-platform educational content alongside curated trade ideas from professional coaches.

• Education:
  • Trading tutorials, in-app walkthroughs
  • No in-depth academy or external webinars
• Market Analysis:
  • Curated trading ideas from over 15 trading coaches
• Customer Support:
  • Live chat and email support
  • Available Monday–Friday, 9am–6pm CET
  • No phone support or 24/7 assistance

Risk Management Tools

Risk control is built into the platform with basic functionality, aligned with European regulations.

• Stop-loss, take-profit, and trailing stops
• Negative balance protection
• No guaranteed stop-loss orders (GSLOs)
• No custom margin alerts or automated portfolio risk analysis

Pros and Cons

Pros

• BaFin-regulated and MiFID II-compliant
• Zero-commission trading with tight spreads
• Innovative curated trading ideas from experts
• Clean, mobile-first platform ideal for beginners
• Investor protection scheme and negative balance protection

Cons

• Limited platform functionality (no MT4/MT5)
• No advanced tools or algorithmic trading support
• CFD-only model limits access to physical assets
• Not suitable for advanced or high-frequency traders
• No phone or weekend support

Conclusion: Is Nextmarkets the Right Choice?

Nextmarkets is a strong choice for beginner and casual traders looking for commission-free trading and expert-curated strategies in a secure EU-regulated environment. The platform’s simplicity, mobile-first design, and safety features are appealing, but it lacks the flexibility and tools required by professional or algorithmic traders.

For more advanced trading, consider brokers like Pepperstone, IC Markets, or XTB, which offer more powerful platforms and execution features.