nutmeg Review 2024 (Expert Review)
nutmeg Review Summary
Nutmeg offers its customers a unique opportunity to earn money from the financial markets. It is a very simple program that allows affiliates to use their website to promote Nutmeg products and earn commissions. In exchange, the company will provide you with a customized affiliate link, which you can place on your website and attract online customers. The company's platform is easy to use. Users simply answer questions about their risk appetite and savings goals, and the system will create an investment portfolio for them based on these answers. The portfolios are updated monthly, and the fees are a fraction of what you would pay a traditional investment adviser.
nutmeg review
nutmeg Platform Features
๐บ๏ธ Country of regulation | Unregulated |
๐ฐ Trading fees | No |
๐ฐ Inactivity fee | No |
๐ฐ Withdrawal fee | No |
๐ฐ Minimum deposit | 0 |
๐ Time to open a nutmeg account | 1-3 Days. *A nutmeg demo account can be opened in a few minutes, but live nutmeg trading account creation times will vary depending on how long it takes to process your nutmeg KYC documents. |
๐ณ Wire Transfer | No |
๐ Depositing with electronic wallet | No |
๐ฑ Number of base currencies supported | 1 |
๐ฎ Demo account provided | No |
๐๏ธ Financial Instruments offered | Forex, Commodities, Indices, Stocks, Crypto, Futures |
nutmeg review
nutmeg Financial Regulation
nutmeg is regulated by Unregulated.
nutmeg review
nutmeg Pros And Cons
Regardless of how you trade, there is always a risk to online trading, as well as some key advantages to using such a method. Below are some key pros and cons. The pros of using nutmeg include a large choice of assets that are available to be traded 24/7; and a modern website and mobile app; video guides and chart reading tools to help you carry out fundamental and technical analysis; community features to help you learn from and integrate with other platform users. On the other hand, the cons of using nutmeg can be that the spreads offered on trading cryptocurrencies (Availability subject to regulation) are relatively wide; no mutual funds available to invest in; high risk meaning it is not often a suitable platform for new traders.
nutmeg review
nutmeg Advantages
One of the main advantages of using nutmeg is around the clock service and support as well as research offerings. Not only this, but nutmeg has reduced transaction costs and fees that are often associated with traditional brokerage firms. This provides users of nutmeg with greater flexibility and more control - time is of the essence when trading, and where traditional brokers require appointments just to initiate a trade, trading with nutmeg makes the process a lot quicker. Finally, users have the ability to monitor their investments in real time. nutmeg offers stock quotes and trade information, making it easy for users to view how their investments are doing.
- nutmeg has been in business over 10 years.
- nutmegoffers Islamic Accounts.
- nutmeg offers mobile trading applications.
nutmeg review
nutmeg Disadvantages
Although nutmeg has a lot of good points nutmeg does not offer the below.
- nutmeg does not offer Stock Trading (See nutmeg alternatives who offer Stock Trading here)
- nutmeg does not offer Cryptocurrency Trading (See nutmeg alternatives who offer Cryptocurrency Trading here)
- nutmeg does not offer PayPal as a payment method (See nutmeg alternatives who offer PayPal as a payment method here)
- nutmeg does not offer Neteller as a payment method (See nutmeg alternatives who Neteller as a payment method here)
- nutmeg does not offer Skrill as a payment method (See nutmeg alternatives who offer Skrill as a payment method here)
- nutmeg does not offer ECN trading (See nutmeg alternatives who offer ECN trading here)
- nutmeg does not offer Bitcoin Trading (See nutmeg alternatives who offer Bitcoin trading here)
- nutmeg does not offer the MetaTrader 4 platform (See nutmeg alternatives who offer the MetaTrader 4 platform here)
- nutmeg does not offer the MetaTrader 5 platform (See nutmeg alternatives who offer the MetaTrader 5 platform here)
- nutmeg does not offer the cTrader platform (See nutmeg alternatives who offer the cTrader platform here)
- nutmeg does not offer a Apple Mac desktop trading platform (See nutmeg alternatives who offer an Apple Mac desktop trading platform here)
- nutmeg does not offer Spread Betting (See nutmeg alternatives who offer Spread Betting here)
- nutmeg does not offer Hedging (See nutmeg alternatives who offer Hedging here)
- nutmeg does not offer Scalping (See nutmeg alternatives who offer Scalping here)
- nutmeg does not offer mobile trading applications (See nutmeg alternatives who offer mobile trading apps here)
- nutmeg has inactivity fees (See nutmeg alternatives who do not have inactivity fees here)
Risk Warning: Your capital is at risk.
nutmeg review
Things to understand when trading with nutmeg
Trading with nutmeg involves risk. You should only risk capital with nutmeg that you can afford to lose. Understand your risk tolerance with nutmeg, and have a trading strategy that nutmeg is able to help you execute. nutmeg is a very accessible trading platform but you must take the time to be able to effective use the trading tools and financial instruments nutmeg give you access too.
nutmeg review
nutmeg Trading Fees
Trading fees on nutmeg are taken in the form of the spreads nutmeg offers when buying and selling financial instruments like stocks, commodities, fiat currencies and indexes on nutmeg. nutmeg fees vary depending on the financial instruments traded and can include, nutmeg overnight funding fees, spreads, margins and nutmeg inactivity fees, currency conversion fees, and a spread for applying a guaranteed stop order. There may be some fees when transfering money to and from your nutmeg account charged by your 3rd party payment provider if your nutmeg base currency is different from your nutmeg withdrawal method.
Name | nutmeg | IC Markets | Roboforex |
Account Fees | No | No | |
Withdrawal Fees | varies | No | Yes |
Deposit Fees | No | ||
Inactivity Fee | No | No | |
riskwarning | Try Now Your capital is at risk | Try Now Losses can exceed deposits | Try Now Losses can exceed deposits |
nutmeg review
nutmeg Financial Instrument Fees
nutmeg fees for Forex, Commodities, Indices, Stocks, Crypto, Futures are listed below.
nutmeg review
nutmeg Stock Trading Fees
The majority of nutmeg trading fees, commission is either a flat fee per trade or calculated based on the number of traded shares. Several brokers do also offer zero-commission trading for stocks, ETFs, and options. A nutmeg stock trading fee is a brokerage fee that is charged when you buy or sell stocks. A trader may also pay commission or a fee for buying and selling other investments, like options or exchange-traded funds.
nutmeg review
nutmeg Forex Fees
Commission on nutmeg Forex trading can either be a fixed fee (i.e., a fixed sum regardless of volume) or a relative fee: the higher the trading volume, the higher the commission. The amount of money that a trader is charged for nutmeg Forex fees is based on their trade size. To calculate nutmeg Forex fees, one would subtract the bid price from the ask price to find the spread. A Forex broker keeps this spread as their fee/commission.
nutmeg review
nutmeg Cryptocurrency Fees
Aside from the price of the cryptocurrency itself, each cryptocurrency exchange adds a fee for trading, when customers purchase and sell coins. nutmeg cryptocurrency fees can vary, but most exchanges charge between 0.1% to 1% or more per trade. That means that if you've used $1,000 to invest in a certain crypto, the fee you will eventually pay for that transaction could be anywhere between $100 and $1,000. nutmeg cryptocurrency fees include a fee for the Maker (which adds to the order book liquidity through limit orders) and Taker (which subtracts liquidity from an order book through market orders).
nutmeg review
nutmeg Non Trading Fees
nutmeg non-trading fees include a variety of nutmeg brokerage fees and charges that a trader will pay which are not related to buying and selling financial instruments using the nutmeg trading platform. The most common non-trading fees include nutmeg withdrawal fees, nutmeg deposit fees and nutmeg inactivity fees.
nutmeg review
nutmeg Deposit Fees
nutmeg does charge deposit fees in some cases. When funding your nutmeg account there may be some nutmeg deposit fees which will vary depending on the payment method you use to deposit to your live nutmeg trading account.
nutmeg review
nutmeg Inactivity Fees
nutmeg does charge clients an inactivity fees for dormant nutmeg trading accounts. A nutmeg inactivity fee is a sum charged on nutmeg brokerage accounts who have not met the minimum buying or selling amount of activity over a specific period. Brokers typically attempt to compensate for lack of commissions by charging inactivity fees.
nutmeg review
nutmeg Withdrawal Fees
nutmeg does charge nutmeg clients small withdrawal fees. Withdrawals fees vary between nutmeg and nutmeg alternatives depending on where you are located and how much money you are withdrawing.
nutmeg review
nutmeg Account Fees
nutmeg does not charge account fees. Account fees charged differ between nutmeg and other brokers. An account is a fee that nutmeg and other brokers assesses on all accounts for the ability to keep an account on their platform.
nutmeg review
nutmeg Account Opening
The nutmeg account registration process is simple, user-friendly, and quick. Within 1-3 Days most nutmeg trading accounts are ready for live trades. Our nutmeg account was validated in 1 day, but live nutmeg trading account verification times will vary depending on the time it takes to process your KYC documents and nutmeg trading account application. A nutmeg demo account can be opened in a few minutes.
nutmeg trading accounts are available in over 194 countries. nutmeg is restricted in the following countries.
Apart from the restricted countries a nutmeg trading account can be opened globally.
The nutmeg trading platform is available for residents in US. Some financial instruments nutmeg offer may be restricted in your country.
- Fast nutmeg account opening.
- nutmeg accounts can be opened and KYC can be verified digitally.
- nutmeg minimum deposit is 0 USD / GBP / EURO.
- nutmeg trading account verification may be held up for longer than a day if there is an issue with verifying your account.
nutmeg review
nutmeg Deposit And Withdrawal
nutmeg Account Base Currencies
A base currency is the currency in which your account is denominated. In other words, it is the currency you use to trade. Base currencies are used for accounting purposes to refer to the currency in which an investor maintains their book of accounts. For foreign exchange market purposes, a base currency refers to the first currency in a currency pair and the second, the quote currency.
GBP, USD, EURO are supported by nutmeg as account base currencies. However, in each country, only two or three account base currencies are accessible, usually the local currency plus USD. In the United Kingdom, for example, only GBP, EUR, and USD are accessible for UK traders.
nutmeg offers the following account GBP, USD, EURO.
When trading make sure your nutmeg trading account currency is the same currency as your withdrawal and deposit bank account otherwise there may be some additional currency conversion fees levied by your bank. nutmeg has no control over the fees your bank may charge for currency conversions or withdrawals and deposits to from and to your bank account.
Name | nutmeg | IC Markets | Roboforex |
Number Of Currencies | Yes | 10 | 4 |
Base Currencies | USD, GBP, EUR, CHF, JPY, SGD, AUD, CAD, HKD, NZD | USD, EUR, XAU | |
riskwarning | Try Now Your capital is at risk | Try Now Losses can exceed deposits | Try Now Losses can exceed deposits |
nutmeg review
nutmeg Deposit Fees and Deposit Methods
Investors can log in to their nutmeg trading account, type in their credit card information and the funds required will be posted in a number of business days. Investors can also transfer funds into their nutmeg trading accounts from an existing bank account or send the funds through a wire transfer or online check.
nutmeg Deposit Fees
Making a deposit on your nutmeg account is free.
nutmeg Deposit Methods
There are several methods through which you can deposit money into your nutmeg account. One can use a credit or debit card and nutmeg accepts payments from credit and debit cards provided by MasterCard and Visa. You can use PayPal, funding your nutmeg account using a personal PayPal account. One can also use bank wire or electronic bank transfer. If you have enough funds in your respective account, your bank account will be debited while the equal amount will be deposited into your nutmeg account. Funding methods for nutmeg include Bank Transfers,.
nutmeg review
nutmeg Withdrawal Fees and Withdrawal Methods
You can withdraw cash from your nutmeg brokerage account if you have available funds. If you want to withdraw more than you have available as cash, you may need to close open nutmeg positions before doing so. Remember that after you close your orders, you may have wait for the trade to settle before you can withdraw that money from your nutmeg account.
Name | nutmeg | IC Markets | Roboforex |
Funding Methods | Bank Transfers, | Credit Cards, VISA, MasterCard, Debit Cards, Visa, MasterCard, Bank Transfer, PayPal, Neteller, Neteller VIP, Skrill, Poli, Cheque, BPAY, UnionPay, FasaPay, QIWI, RapidPay, Klarna, Electronic wallets (eWallets), Broker to Brokers, Thai Internet Banking, Vietnamese Internet Banking, | Credit cards, VISA, MasterCard, JCB, Debit cards, Bank Transfer, Electronic wallets (eWallets), Neteller, Skrill, Perfect Money, AdvCash, BPAY, China UnionPay, FasaPay, CashU, WeChat Pay, ecoPayZ, AstroPay, Sofort, Giropay, Poli, Wepay, iDEAL, Payoneer, |
Withdrawal Fee | varies | No | Yes |
Deposit Fee | Varies | No | |
riskwarning | Try Now Your capital is at risk | Try Now Losses can exceed deposits | Try Now Losses can exceed deposits |
nutmeg Fees When Withdrawing Your Account Balance
nutmeg do not charge withdrawal fees. Some withdrawal fees are out of the control of nutmeg and may be due to 3rd party payment providers and your account base currency.
nutmeg Withdrawal Methods
Log into your nutmeg trading account, which is connected to your bank account. Go to the section that says โfundsโ or โaccountsโ and click on it. You will be given two choices: either to add funds or withdraw funds. Click 'withdraw funds' to start transferring money from your nutmeg account to your bank account. To withdraw money from your nutmeg account you can use credit or debit cards. nutmeg processes withdrawals to credit and debit cards provided by MasterCard and Visa. One can also use PayPal, as nutmeg processes withdrawals to PayPal accounts. Finally, you can also withdraw funds straight to your bank account via bank transfer.
nutmeg review
nutmeg Trading Platforms
As there are a number of tradable financial instruments available on the nutmeg trading platform. Before investing in the nutmeg platform, there are important factors to consider. Some platforms are designed for the more advanced trader, thus offering more research and analytical tools. The nutmeg platform has a demo account and educational resources, but it may not be designed for new traders so focuses less on those educational features. nutmeg offer support.
If you struggle with technology, you need to consider the level of support on nutmeg is available. Another thing to consider is your financial goals. Make sure that a nutmeg account fulfils these goals. Several platforms offer commission-free trading, but some require a minimum fee for opening an account.
There can also be additional fees, such as inactivity charges, withdrawals and transfers. Make sure that you have enough funds to trade via a nutmeg account. Ensure that nutmeg allows you to focus on the type of trading that you want to focus on.
Make sure nutmeg is correct for your investment purposes. Markets change quickly, and you need to be able to execute an order instantly. on your platform. Before using nutmeg, think about how easy it is to use for your personal needs. Does the nutmeg platform offer real-time updates or delayed updates that are more informed? Remember to check if nutmeg is well regulated, and what tradeable financial instruments nutmeg has. Security is very important when it comes to trading with nutmeg.
nutmeg Web Trading Platform
A nutmeg web trading platform is a piece of software that is used for trading. This includes opening, closing, and managing market positions through nutmeg which acts as a financial intermediary. nutmeg is a web trading platform through which Forex traders can open and close positions online, without downloading any software. Via a web browser, traders can follow Bid-Ask spreads, place Stop Loss and Take Profit orders, as well as track all past and current positions executed.
Mobile Trading Platform
Both Android and iOS devices are supported by the nutmeg mobile trading platform.
nutmeg Apple IOS Trading Platform
A nutmeg iOS trading platform is the application software that enables investors and traders to place trades and monitor accounts through iOS apps on Apple devices, such as an iPhone.
nutmeg Google Play Android Trading Platform
A nutmeg Google Play trading platform is the application software that enables investors and traders to place trades and monitor accounts through Google Play apps on Android devices, such as an Android mobile smartphone.
nutmeg review
nutmeg Mobile Trading User Experience
nutmeg mobile trading gives its users a platform to trade from anywhere in the world, as long as they have an internet or WiFi connection. The mobile trading app provides an ease of transacting while using a mobile device. This is because orders can be placed quickly and effortlessly. nutmeg mobile trading refers to trading using a mobile phone.
Leading brokerages like nutmeg offer mobile trading apps to their clients who are able to use them to trade and even monitor their entire nutmeg portfolio. All an investor needs is a Web-enabled smartphone and a trading account with nutmeg. Once you have download the nutmeg trading app, you are ready to begin.
nutmeg review
nutmeg Desktop Computer Trading Platform
A nutmeg computer trading platform is a software which one can use to research, place, monitor and edit trades on your desktop computer. You can choose from many platforms, including desktop platforms, trading apps, web-based platforms and third-party programs. The nutmeg desktop computer trading platform is the software that enables investors and traders to place trades and monitor accounts through financial intermediaries. The nutmeg desktop trading platform offers other features to its users, such as real-time quotes, charting tools, news feeds.
nutmeg PC Trading Platform
One needs a computer with high performing hardware if their plan is to be a full time trader using nutmeg. A trading computer with access to a nutmeg PC trading platform is a superior, extremely fast computer which is designed and customized to maximize a traders ability to interface with markets and make decisions in real time. There are four key ingredients to a great Trading Computer: speed, reliability, multiple monitors, and post-sale service & support.
nutmeg Apple Mac Trading Platform
Apple Macs and MacBooks can easily handle the most important requirements when using the nutmeg trading platform. This includes the ability to have multiple browser tabs or trading apps open, a high quality display or monitor (high definition Retina displays with True Tone technology, adjusting and adapting to ambient lighting), an accurate trackpad or mouse, lightweight design, and long battery life. Macs are easy to set up, start up, use and even maintain. A Mac can go from cold boot to live trading using just a couple of mouse clicks and in well under a minute. Therefore, the nutmeg trading platform is very user friendly on a Mac device.
nutmeg review
nutmeg Trading Look And Feel
The nutmeg user interface (UI) is what nutmeg traders will see and interact with first when trading with the nutmeg trading platform. The nutmeg is well designed. The goal of the nutmeg trading UI is to make the nutmeg user's experience intuitive. The nutmeg application has good user experience and a good level of customer satisfaction.
nutmeg Security
nutmeg is a secure trading platform. nutmeg offers traders security via 2 factor authentication, SSL encription when trading with nutmeg. nutmeg trading accounts are masked and encrypted using cutting-edge encryption and masking technology to secure your personal and financial information when trading with nutmeg. Rate limitation on nutmeg suspicious account activities is another layer of protection that is provided for nutmeg trading accounts, for example multiple failed login attempts with nutmeg. You have the option to further safeguard your account by using nutmeg Two-Factor Authentication (2FA), which provides an extra layer of security.
The nutmeg trading infrastructure is constantly watched and guarded by a trained team at nutmeg In addition, nutmeg never send sensitive information without first encrypting on the nutmeg trading platform using transport layer security (TLS) and SSL.
nutmeg review
Placing A Buy Or Sell Order On nutmeg
Available nutmeg order types. # market, limit, stop, stop limit, Good until end of day / canceled.
nutmeg Market Order
A nutmeg market order is an order to buy or sell a stock at the market's current best available price. A market order usually ensures an execution, but it does not guarantee a specified price. Market orders are optimal when the primary goal is to execute the trade immediately. nutmeg market orders are executed by a broker or brokerage service on behalf of clients who wish to take advantage of the best price available on the current market. nutmeg market orders are popular as they are a fast and reliable method of either entering or exiting a trade.
nutmeg Limit Order
A nutmeg limit order is an order to buy or sell a stock with a restriction on the maximum price to be paid or the minimum price to be received. If the order is subsequently filled, it will only be at the specified limit price or better. However, having said this, there is no assurance of execution.
nutmeg Stop Order
A nutmeg stop order, also referred to as a stop-loss order, is an order to buy or sell a stock once the price of the stock reaches a specified price, known as the stop price. When the stop price is reached, a stop order becomes a market order. A sell stop order is entered at a stop price below the current market price. If the stock reaches the stop price, the order becomes a market order and is filled at the next available market price.
nutmeg Stop Limit Order
A nutmeg stop-limit order is an order to buy or sell a stock that combines the features of a stop order and a limit order. Once the stop price is reached, a stop-limit order becomes a limit order that will be executed at a specified price (or better). The nutmeg stop-limit order triggers a limit order when a stock price hits the stop level. A nutmeg stop-limit order can be helpful when trading if you are unable to watch your trades all day.
nutmeg review
nutmeg Alerts And Notifications
Price alerts and notifications can be established for executed orders, important news, and margin calls, for example. On the online platform, these notifications appear as pop-up messages. It would be preferable if you could set up email or SMS notifications as well.
nutmeg review
nutmeg Trading Platform Features
Online trading platforms like nutmeg are used by traders to help them with every aspect of trading. Market analysis, price projections, and purchase timing are all key when trading live financial markets with nutmeg. The nutmeg trading platform provides traders with up to the second charts in order to enable them to execute transactions at the click of a button using nutmeg.
nutmeg Margin Trading
nutmeg margin trading means borrowing money from the brokerage firm in order to carry out trades. When trading on margin, investors first deposit cash that then serves as collateral for the loan, and then pay ongoing interest payments on the money they borrow. In essence, nutmeg margin trading is a facility under which one buys and sells stocks that they cannot afford. You are allowed to buy and sell stocks by paying a marginal amount of the actual value. This margin is paid either in cash or in shares as security. Your broker funds your margin trading transactions.
nutmeg review
nutmeg Account Types
nutmeg Demo Account
nutmeg offers demo accounts that gives traders the ability to purchase and sell nutmeg financial instruments in a practice environment, using fake nutmeg digital money and live market conditions and data. When you practise on a nutmeg demo account, one of the many advantages you'll enjoy is the opportunity to get acquainted with the more technical parts of the nutmeg platform. nutmeg demo accounts allow you to experience and practice a variety of market charts, nutmeg trading indicators, and trading strategies using nutmeg.
nutmeg Standard Account
nutmeg offers a standard trading account, allowing nutmeg traders to trade a wide range of financial instruments, with competitive spreads, using the feature rich nutmeg trading platform.
nutmeg Islamic Accounts
nutmeg islamic accounts respect Islamic finance law. nutmeg swap free accounts do not accumilate interest and nutmeg transactions are actioned immediately. A nutmeg Islamic Forex account is a halal trading account that is offered to clients who respect the Quran and wish to invest in Islamic compliant financial instruments, using nutmeg following the principles of Islamic finance. As Sharia law prohibits the accumulation of interest, traders with nutmeg Islamic accounts do not pay or receive interest rates.
nutmeg review
nutmeg Tradable Financial Instruments
nutmeg tradable financial instruments are the financial instruments that are specifically available to trade on the nutmeg trading platform. This refers to the different types of financial markets you can trade with through nutmeg. Sometimes called securities , they range from commodity futures to stocks and CFDs, to currencies and metals, and more on nutmeg.
Name | nutmeg | IC Markets | Roboforex |
CFD Trading | Yes | Yes | Yes |
Stock Markets | No | 2100 | 53 |
ETFs | No | ||
Fractional Shares | No | Yes | |
Cryptocurrencies | NO | Yes | No |
riskwarning | Try Now Your capital is at risk | Try Now Losses can exceed deposits | Try Now Losses can exceed deposits |
nutmeg review
nutmeg Trading Stocks
Stock trading with nutmeg is the act of purchasing and selling shares in a corporation listed on a stock exchange available for trading with nutmeg; if you possess the stock on nutmeg, you own a piece of the corporation and may be entitled to voting rights where applicable.
Stock trading on nutmeg involves purchasing and selling stocks and share using nutmeg periodically in order to time trades against the stock markets, with the aim of using nutmeg to profit from your stock trading. nutmeg stock traders look to profit from the short-term market developments by selling stocks for a profit or buying stocks at a cheap price on nutmeg. Stock traders on nutmeg conduct significant study, frequently dedicating several hours every day to market monitoring using nutmeg trading tools.
nutmeg review
nutmeg Trading ETFs
What Are ETFs
nutmeg does not offer ETF trading. An ETF is a collection of assets whose shares are traded on a stock market. They blend the characteristics and potential benefits of stocks, mutual funds, and bonds. ETF shares, like individual stocks, are traded throughout the day at varying prices based on supply and demand.
What Are Fractional Shares
nutmeg does not offer fractional share trading.
Investors can buy fractional shares of a stock, making it easier to diversify even with modest amounts of money. Investors can buy stock in fractional shares by specifying a dollar amount rather than the price of a whole share.
nutmeg review
nutmeg Trading Cryptocurrencies
nutmeg offers cryptocurrency trading.
Cryptocurrency trading can be conducted using nutmeg to buy and sell the cryptocurrency financial instruments on nutmeg. Cryptocurrency trading can also be done using a cryptocurency CFD nutmeg trading account where allowed by financial regulators, to speculate on up or down price movements of a specific crypto asset using nutmeg. A CFD is a high risk leveraged trade between the trader and the nutmeg brokerage. No underlying assets are exchanged with a nutmeg CFD contract, it is purely speculation on the crypto financial instruments price movements with nutmeg. nutmeg CFD trading on cryptocurrency assets is not allowed in the United Kingdom as set by the UKs financial regulator the FCA. Check to see if nutmeg CFD cryptocurrency trading is allowed in your region and make sure you undertand the risks fully before trading.
The volatility of cryptocurrencies is the biggest source of risk when trading them with nutmeg. They are high-risk and speculative, and you should be aware of the hazards before you begin trading high risk financial instruments with nutmeg.
Cryptocurrency trading is not offered by nutmeg, so you will need to find a nutmeg alternative that allows you to buy and sell the underlying cryptocurrency assets. nutmeg CFD trading on cryptocurrency assets is not allowed in the United Kingdom as set by the UKs financial regulator the FCA. Check to see if CFD cryptocurrency trading is allowed in your region with a nutmeg alternative and make sure you undertand the risks fully before trading.
nutmeg review
nutmeg Forex Trading
Forex trading with nutmeg is a method through which to invest money which involves trading one currency for another in a Forex currency pair with nutmeg. The main aim of nutmeg Forex trading is to successfully predict if the value of one currency will increase or decrease when compared to another. You can trade major, minor and exotic currency pairs with nutmeg. As a nutmeg Forex trader, one buys and sells currencies on a foreign exchange market. Their duties include performing research or analysis on a currency pair using a trading platform like nutmeg. In general, Forex traders can either work for banks and hedge funds or trade independently using trading platforms like nutmeg. Some traders use charts and indicators for Forex analysis, while others rely on news and economic data available on nutmeg.
nutmeg review
nutmeg Commodities Trading
Commodity trading is a type of trading available on nutmeg where individuals or businesses buy and sell financial instruments using nutmeg related to commodities, such as metals or oil.
nutmeg review
nutmeg Options Trading
nutmeg options trading is the trading of instruments that gives someone the right to buy or sell a specific security on a specific date at a specific price. If one decides to complete that purchase or sale, they are know to be exercising the option. nutmeg option strategies are the simultaneous, often mixed, buying or selling of one or more options which differ in one or more of the options' variables.
nutmeg review
nutmeg Futures Trading
Futures trading with nutmeg is where derivative financial contracts obligate a buyer to purchase an asset or a seller to sell an asset at a predetermined future date and set price using nutmeg to facilitate the trade. A nutmeg futures contract allows an investor to speculate on the direction of a security, commodity, or financial instrument available on nutmeg. Typically, futures contracts are traded on an exchange such as nutmeg; one trader agrees to buy a given quantity of securities or a commodity, and take delivery on a certain date. The selling nutmeg trader to the contract agrees to provide it.
nutmeg review
nutmeg Bonds Trading
Bonds trading on nutmeg is a way of making profit from fluctuations in the value of corporate or government bonds. The government will pay a defined interest rate on an investment for the duration of the issued bond, and then give the original sum back at the end of the loan's term to the nutmeg trader. Bonds can be bought and sold on nutmeg after they are issued. While some bonds are traded publicly through nutmeg, most trade over-the-counter between large broker-dealers like nutmeg acting on their clients' or their own behalf. Yield is therefore based on the nutmeg purchase price of the bond as well as the coupon.
nutmeg CFD Trading
A contract for difference (CFD) allows traders to speculate on the future market movements of an underlying item without owning it or taking physical delivery of it. CFDs can be used to trade a variety of underlying assets, including stocks, commodities, and foreign exchange.
Name | nutmeg | IC Markets | Roboforex |
Forex CFD | 61 | 35 | |
Index CFD | 25 | 30 | |
Stock CFD | 110 | 8400 | |
ETF CFD | 30 | 50 | |
Commodity CFD | 20 | 20 | |
Crypto CFD | NO | Yes | No |
riskwarning | Try Now Your capital is at risk | Try Now Losses can exceed deposits | Try Now Losses can exceed deposits |
nutmeg review
nutmeg Trading Research Tools
Taking advantage of nutmeg trading research tools which are designed to help traders analyse potential investments using the nutmeg trading platform. Some nutmeg research tools include charts, technical analysis, and nutmeg trading indicators.
nutmeg Trading News
Traders can follow the markets and make wise investment decisions on nutmeg by using the news to help form a strategy when it comes to choosing investments. A nutmeg news trading strategy involves trading based on news and market expectations, both before and following news releases. Traders need to assess the news immediately after it is released and make a quick judgement on how to trade as a result.
nutmeg Economic Calendar
An economic calendar is used by investors to monitor market-moving events, such as economic indicators and monetary policy decisions. Market-moving events, which are usually announced or released in a report, have a high probability of impacting the financial markets. A nutmeg economic calendar is a resource that allows traders to learn about important economic information scheduled to be released throughout the major economies. Events may include indicators such as GDP, the consumer price index (CPI), and the Non-Farm Payroll (NFPs) report.
nutmeg Fundamental Data On Financial Instruments & Companies
Fundamental research does not usually generate findings that have immediate applications in a practical level. Fundamental research aims to answer the questions of why, what or how and tend to contribute to the pool of fundamental knowledge in a research area. nutmeg fundamental analysis research data looks at the price movement of a security and uses this data to attempt to predict future price movements. Fundamental analysis, on the other hand, looks at economic and financial factors that influence a business. Fundamental analysis therefore evaluates securities by attempting to measure their intrinsic value.
nutmeg Charting
Technical analysis indicators such as MACD,RSI, Stochastics, OBV, and Fibonacci are vital for trading. The primary types of chart used by traders on nutmeg are the Candlestick Chart, Line Chart, Point and Figure charts, and Renko Chart. Charts such as these are plotted either on an arithmetic or logarithmic scale and the analyst then goes with either one depending on the information acquired.
nutmeg portfolios
Trading portfolios are useful when trading with nutmeg.
A trading portfolio is made up of various investment vehicles. Distinct trading portfolios, each tailored toward a different investing strategy, might be owned by an investor.
A nutmeg trading portfolio is a traders collection of investments, which may include a variety of nutmeg financial instruments.
nutmeg review
nutmeg Payment Methods
A nutmeg payment method is required to fund your nutmeg trading account before placing a buy or sell order on a financial instrument.
When trading with nutmeg, there are a variety of payment options accessible; different brokers support different deposit and withdrawal methods. Each trade payment option has its own set of benefits and cons in terms of costs, processing times, and limits. Some thing to be aware of is if your bank accounts base currency is different to the base currency of your trading account, your bank may add additional transfer fees that nutmeg do not have any control over.
Name | nutmeg | IC Markets | Roboforex |
Payment Methods | BPAY, Credit Card, FasaPay, Giropay, Mastercard, Neteller, PayPal, POLi, QIWI, Rapid Transfer, Skrill, UnionPay, Visa, Wire Transfer, Yandex Money | ADVcash, Alipay, Bitcoin Payments, Cashu, FasaPay, Giropay, iDeal, MoneyGram, Neteller, Perfect Money, POLi, QIWI, Rapid Transfer, SafeCharge, Skrill, Sofort, Trustly, Vietcombank Transfer, Visa, Webmoney, WeChat Pay, Wire Transfer, Yandex Money | |
riskwarning | Try Now Your capital is at risk | Try Now Losses can exceed deposits | Try Now Losses can exceed deposits |
nutmeg review
nutmeg Withdrawl Methods
When trading with nutmeg at some point you will want to release your funds back to your bank account or other withdrawal method. Many modern trading platforms offer withdrawal of your trading account balance to digital wallets and direct bank transfers. Depending on your geo region certain withdrawal methods may be more convenient to you. Each withdrawal method has its own withdrawal time which you will have to check before withdrawing your nutmeg account balance. nutmeg may have minimum withdrawal limits that you will need to check before withdrawing.
You may be charged a currency conversion fee by your withdrawal method if you withdraw your nutmeg account balance in a currency other than GBP, or whatever your withdrawal method account base currency is.
nutmeg Withdrawals Times
The time it takes for your withdrawal to arrive is determined by the method you used to make it. It's important to remember that this is the payment method you used to fund your nutmeg account.
Withdrawal requests can take up to three business days to be processed by nutmeg.
You may anticipate to receive your money within three business days for bank transfers, credit/debit cards, and digital wallets.
If you're having a withdrawal transferred to your digital wallet account, your nutmeg should arrive in less than 24 hours.
nutmeg review
nutmeg Customer Support
Customer support represents the resources within the nutmeg company that provides technical assistance to its customers after they use the nutmeg service. A customer may often need to seek out support when they are in need of help, so a customer support team must be easy to contact, available, and responsive.
nutmeg offer customer support.
nutmeg Email Support
nutmeg offers email support.
Email support is a a convenient method of nutmeg customer service but responses to support queries are not quick. You may have to wait between 1 - 3 days for a response from nutmeg regarding your support request.
nutmeg Livechat Support
nutmeg offers livechat support.
nutmeg live chat support is a way for customers to obtain help from nutmeg through an instant messaging platform. It happens at a one-to-one level, often via the company's website. It can be a proactive chat pop-up, with a chat box appearing on the screen and asking if you need help. Clicking on it would then connect you to a live agent. Livechat is great if you require a reponse to your support request withing 15 minutes.
nutmeg Telephone Support
nutmeg does not provide nutmeg clients phone Support. If you need to contact nutmeg use one of the alternative available nutmeg contact methods.
nutmeg does not offer telephone support.nutmeg Average Support Response times
Contact Method | Average Response Time |
---|
We tested the customer service response times of nutmeg on Monday, September 16, 2024.
nutmeg review
nutmeg Educational Resources
nutmeg educational resources are used throughout the nutmeg learning environment to help and assist with customer's development and learning of trading on nutmeg. They are designed to reinforce learning and in some cases allow people to put their knowledge to the test using nutmeg trading tools. Educational resources like some of the resources available with nutmeg are a good as part of a wider set of educational guides and information from else where online.
Some of the nutmeg trading guides and information that we found useful included demo account, general educational videos, platform tutorial videos, webinars.
nutmeg Trading Platform Tutorials
nutmeg offer a range of learning resources and tutorials and guides made available to registered nutmeg users. The nutmeg guides are usually broker down into indepth articles explaining varioius trading topics, quizes and video explainers which aim to educate nutmeg users on basic trading principles.
nutmeg Trading Videos
nutmeg offer a selection of online trading videos.
Trading videos on nutmeg help new and even more experienced investors gain insights into nutmeg technical analysis tools and how the different financial markets work when trading on nutmeg.
nutmeg trading videos cover the basics of financial instruments like stocks, Forex, commodities, ETFs and cryptocurrencies. Some nutmeg training videos help widen your trading knowledge. The more trading knowledge you have the better you will be able to mitigate and understand trading risks when using nutmeg to trade live financial markets.
nutmeg Webinars
nutmeg offers access to online webinars. A webinar is an interactive online event in which a speaker (or a small group of speakers) delivers a presentation to a large audience of nutmeg clients who participate by asking questions, replying to polls, and using other interactive technologies available on the nutmeg trading platform.
nutmeg review
nutmeg Financial Regulation When Trading
Financial regulations on nutmeg protect consumers' investments. Regulations prevent financial fraud and limit the risks that nutmeg as a financial institution can take with their investors' money. Financial regulators oversee three main financial sectors: banking, financial markets, and consumers. A well-functioning financial system is vital for the economy, businesses and consumers. nutmeg financial regulation is part of ensuring the safety and soundness of the financial system and protecting consumers.
Is nutmeg Regulated?
nutmeg is regulated by Unregulated.
nutmeg is licensed by financial regulators in certain jurisdictions. You can find out if brokers like nutmeg are licensed in your country, if they have had run-ins with regulators, or received serious complaints from nutmeg investors, directly with financial regulators in your country.
nutmeg Regulatory Protection Limits
When registering with nutmeg you must check with regulatory body your nutmeg trading account falls under. Even though you are a resident of the UK for example your account may fall under regulatory rules outside the jurisdiction of the FCA. Check which company entity and regulation your nutmeg account is over seen by. nutmeg client funds are stored in segregated 3rd party bank account in accordance with nutmeg financial regulators.
Client country | Investor protection amount | Regulator |
---|---|---|
United Kingdom | ยฃ85,000 | Financial Conduct Authority (FCA) |
EU Investor Compensation Scheme | max โฌ50,000 | Directive of The European Parliament and European Commission |
Other countries | 90% of your funds, max โฌ20,000 | Bulgarian Financial Supervision Commission (FSC) |
nutmeg Trading Signals
nutmeg does not offer trading signals in any form.Make sure you understand the risks of trading signals.
How does nutmeg make money?
Because nutmeg acts as an intermediary, nutmeg gets compensated on buy and sell transactions of financial instruments. As a result, nutmeg profit is determined by the volume and number of transactions. nutmeg earns revenue to fund their nutmeg platforms and wide range of trading services through market spreads.
Can you buy shares on nutmeg?
nutmeg does not provide customers with real company shares trading. nutmeg offers CFD stock trading. When trading CFD stocks you are not trading real stocks as you do not own any underlying stock assets. A CFD stock is a leveraged deal between the trader and nutmeg on the speculative up or down price movement on an agreed stocks price movement.
Does nutmeg offer Cryptocurrency?
nutmeg does not offer cryptocurrency trading. The offering of crypto CFDs was stopped by most trading platforms on November 27, 2020, as a result of the Financial Conduct Authority of the UKs restrictions on cryptocurrency. While buying and selling Bitcoin and other cryptocurrencies is still lawful, the UK financial regulator, the Financial Conduct Authority (FCA), has made trading cryptocurrencies illegal for UK residents. This is because the FCA considers crypto CFD trading to be a high-risk activity. You'll need to see if trading crypto CFDs are allowed in your country.
nutmeg Lower fees, lower costs?
nutmeg have reasonable trading fees and costs. nutmeg do not charge a deposit fee. nutmeg may charge a withdrawal fee. Some withdrawal fees are out of the control of nutmeg and may be due to 3rd party payment providers and your account base currency.
What about the minimum deposit?
nutmeg minimum deposit is 0 USD / GBP / EUR.
How to start your nutmeg account?
You can sign up for a live or demo nutmeg trading account by visiting nutmeg and signing up. Enter your details, upload proof of ID, fund your account and you should be up and trading within a few hours. Open an nutmeg account here.
How's the nutmeg trading app?
nutmeg allow traders to trade financial markets on nutmeg does not currently offer trading through any mobile applications on iOS or Android. supported mobile devices.
You can tryout the nutmeg trading app here. Your capital is at risk
Is the quality of nutmeg customer service satisfactory?
nutmeg have average customer support offering support through support options.
Is this broker good for new traders?
nutmeg is a good trading platform for new traders as nutmeg offer a good range of educational resources, good support options as well as a demo account.
How do you withdraw money from nutmeg?
nutmeg offer a good selection of withdrawal options. Once nutmeg have confirmed and approved your withdrawal information, withdrawals are usually processed within 1 to 3 days.
Best nutmeg Alternatives Reviews
If nutmeg isnt quite what you are looking for you can check out some of the best nutmeg alternatives below.
- IC Markets Review (read our in depth 2024 review)
- Roboforex Review (read our in depth 2024 review)
- AvaTrade Review (read our in depth 2024 review)
Best nutmeg Alternatives In Detail
If you would like to see nutmeg compared agains some of the best nutmeg alternatives available right now you can do so by clicking on the links below.
- IC Markets Alternatives (read our in depth 2024 Alternatives for IC Markets)
- Roboforex Alternatives (read our in depth 2024 Alternatives for Roboforex)
- AvaTrade Alternatives (read our in depth 2024 Alternatives for AvaTrade)