Nutmeg Review: Pros & Cons | for 2023
This Nutmeg review has been updated for 2023 by industry experts with years of financial experience in Forex, CFDs, & Social Trading. We have worked to gather hundreds of data points about Nutmeg to give you the most comprehensive guide available.
Nutmeg is a world class trading partner that was founded in 2008. They have around 403 employees that help the company offer Financial Markets Access, to 10,000+ clients through WebTrader, Desktop, Mobile & Apps.
Nutmeg Guide – Read our In-Depth Nutmeg Review
Nutmeg Rating: 4.56 / 10
This Nutmeg review page contains information about investing with Nutmeg. It is intended for educational purposes only and should never be considered financial advice. comparebrokers.org is not a brokerage or advisory service. We do not recommend or advise that investors buy or sell securities or stocks.
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Please note that due to regulations, the content in this review of Nutmeg does not apply to users in Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
This Nutmeg review contains the most recent info about Nutmeg.
If you are new to the realm of online trading and brokerages, so many facts will no doubt be perplexing for you. Getting into the area of online trading demands expert assessing skills and comprehensive understanding. You will acquire proficient at all of the concepts of online trading and brokers while you continue trading. For starters, you need to select the right online broker who will constantly be clear with you.
In the fast-paced universe of stock markets and trading, you'll need advice to make correct decisions. A professional, direct investment online broker could help you in minimising any potential losses and maximising any returns. Nutmeg is one such broker that will assist you. It is crucial that you understand about any broker before you trust them with your money.
When engaging in online trading with platforms such as Nutmeg, it's crucial to carefully assess Nutmeg as your broker, as this choice can determine your success. Selecting the right broker is vital for your Nutmeg investments to prosper. However, be cautious of fraudulent and untrustworthy brokers hiding in the shadows, ready to exploit naive traders.
It's essential to be prudent and methodical in your Nutmeg broker selection to protect your hard-earned money. Performing your due diligence and researching the trustworthiness of Nutmeg, its track record, and reputation is vital. Moreover, ensure the Nutmeg broker's offerings, trading tools, fees, and regulation align with your objectives.
Remember, Nutmeg should be a supportive ally on your trading journey.
Our team has strived to simplify the intricate world of trading with Nutmeg into easily understandable information in this Nutmeg review. Our goal is to equip you with the knowledge necessary to confidently use Nutmeg trading tools, ranging from depositing and withdrawing funds to executing trades.
We recognize that well-informed decisions with Nutmeg are the cornerstone of successful trading. As such, we've provided this comprehensive Nutmeg review. So, make yourself comfortable, grab a cup of coffee, and immerse yourself in learning about Nutmeg and how it can work to your advantage, or if Nutmeg might not be the right fit for you.
Nutmeg Guide for 2023 – Quick Summary
| Nutmeg Telephone: | |
| Nutmeg Support Email: | |
| Nutmeg Address: | |
| Year Founded: | 2008 |
| Regulated By: | Unregulated |
| Hedquarters: | USA |
| Minimum Deposit: | $0 |
| Number Of Clients: | 10,000+ Nutmeg users and traders |
| Nutmeg LinkedIn: | |
| Nutmeg Facebook: | |
| Nutmeg Facebook Likes: | 0 |
| Nutmeg Twitter: | @ |
| Nutmeg Twitter Followers: | 0 |
| Nutmeg Instagram: | |
| Nutmeg Instagram Followers: | 0 |
| Nutmeg Youtube: | |
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Your capital is at risk |
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Our entire Nutmeg review for beginners covers everything you will need to know about trading via Nutmeg. A good broker can use your first investments and help to protect it from losses but also give you a platform that can help to provide you favourable profits. If you would like to earn profits, you must trade with a brokerage service that aligns with your investment objectives.
Of course, there is no sure-fire way to ensure profits; thus, you should carefully analyze your broker before you choose them. It's a frequent misconception that all agents are exactly the same, but that's not true. Wrong judgment, in the beginning, can put your investments at risk.
Nutmeg is a trading partner that has forged its way successfully into the brokerage world. Within this review, we've attempted to collate a number of the vital aspects of Nutmeg. This guide will allow you to understand whether Nutmeg is a fantastic match for your own investments or not. We have attempted to breakdown all the qualities and fees for your convenience.
Who are Nutmeg?
Nutmeg is a online trading broker headquartered in USA and provides a range of instruments for online trading. Since its establishment in 2008 they have emerged as a leading player in the industry of online trading. Nutmeg includes a highly reputable and full-featured trading website that's focused on forex, indices, metals, sharesand commodities.
Over the past 15 years, Nutmeg has grown into one of the best online brokers available to the public.
After being founded in 2008, their customer base has become as large as 10,000+ clients.
Nutmeg is a favourite of many stock dealers because of its negative balance protection. Our Nutmeg account review discovered that they're a superb alternative for online trading solutions. They are most appropriate for investors who are searching for a variety of assets. Social and easy to use trading solutions are the heart at Nutmeg.
Technology plays a substantial role at Nutmeg. They offers trading on WebTrader, Desktop, Mobile & Apps. Nutmeg is fair, transparent, and a well-regulated broker by the Unregulated. Their outstanding variety of resources will be beneficial for the majority of traders. Third-party partnerships also provide in-house research.
The educational section at Nutmeg is very insightful for new traders as it allows them to get a closer look in the financial markets. Nutmeg caters to all sorts of traders and are a must-have broker for almost any well-diversified approach to online trading.
Benefits of trading with Nutmeg in 2023
Trading with Nutmeg includes many advantages. These advantages are what sets Nutmeg ahead of the rest of the online brokers. You need to check all of the advantages listed so that you have a better comprehension of Nutmeg.
The agent goes to great lengths to comprehend what traders want. Consequently, the service, quick, and convenient. The agent also provides a number of programs for all types of traders. Nutmeg helps to ensure that the individual needs of all online traders are met to the best of their capabilities.
Nutmeg also features excellent trading conditions that are readily available to all and not only an elite group of institutional clients. The tight spreads and quick executions are a fantastic benefit for all traders. The technology embraced by Nutmeg is of the maximum caliber, ensuring that it's fast, dependable, and efficient.
Nutmeg admits the importance of having a quick order execution. A quick implementation enables users to trade without worrying about slippage safely. It is going to also help the traders to grab any opportunities.
Copy trading is another important aspect of Nutmeg. A new dealer can learn from business experts utilizing the automatic copy trading option. This allows you to see well performing traders and instantly mirror their trades and benefit from their experience
To build a strong community of traders and investors, and to encourage successful traders to share their wisdom, Nutmeg offers social trading which encompasses leading traders sharing their knowledge with the community. Nutmeg's social trading platform allows traders to share their expertise with others to build a community of investors and traders. Which stocks they are following, what stocks to buy, and what stocks to sell. Intermediate traders can then absorb this expert knowledge and create their own trades. It is a more independent version of copy trading
Nutmeg has over 273 trading tools to support all types of traders. These tools are dynamic and convenient for both new and experienced traders. All dealers can set aside all their concerns when trading with Nutmeg.
Nutmeg Overview
Year Founded: 2008
Regulated By: Unregulated
Hedquarters: USA
Minimum Deposit: $0
Number Of Clients: 10,000+
Your capital is at risk
If you feel that Nutmeg is not right for you then at the bottom of this Nutmeg review you will find a lot of alternatives to Nutmeg.
Everything you ought to know about trading using Nutmeg
Nutmeg is a lively platform that offers various methods of online trading. These tools cover the financial markets considerably. Most of the broker platforms provide fewer methods than Nutmeg
If you want to exchange with Nutmeg, you will need a minimum deposit of $0. This deposit is mandatory if you want to start trading using Nutmeg. This 2023 Nutmeg review will direct you clearly about trading with them.
Nutmeg is as flexible as another brokerage platform. Nutmeg is ideal for traders that want a manageable array of cheap services. The platforms supplied by Nutmeg are third-party, white-label offerings. All traders can choose from WebTrader, Desktop, Mobile & Apps
Along with everything, Nutmeg has multiple benefits to new and verteran traders and should be investigated. There's no minimum time over which a transaction must be kept available. The brokers offer premium customer service which rewards clients with advantages.
Many less reputable brokers attempt to pressurise customers into larger funding for superior services. Nutmeg, on the other hand, is more concentrated on trading volume. Traders can expect trading conditions to be just, honest and transparent. The more lots traded by the consumer, the greater advantages will become available.
Nutmeg accounts are available globally and provides quality service everywhere they have customers. There are only a select few countries where Nutmeg accounts are not available. Traders in the following countries cannot open or use a Nutmeg account:
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Is Nutmeg Safe To Trade With In 2023?
Established in 2008, Nutmeg has been in operation for 15 years, they are headquarted in USA
Nutmeg is regulated by Unregulated. These bodies have rules that mandate that trading platforms have measures in place to keep investor's assets procured. This usually means that Nutmeg users do not need to worry about their money as it's segregated and safely kept in established banks. SSL encryption simplifies each user's private information as well.
You are able to make use of a choice for 2 Factor Authentications (2FA) with Nutmeg for heightened security. An SMS for the verification code will be sent to a phone. You will be asked to enter this code to log in to your accounts.
Another concern with fiscal brokers with regards to security might be manipulation of trading. This is highly disadvantageous for users on those platforms. Nonetheless, this is more prevalent in the example of Market Maker brokers who compete with users on the stage.
Nutmeg Risk Disclaimer
Your capital is at risk
Pro's & Con's Of Trading With Nutmeg
Every online trading platform will have some ups and downs, and no Nutmeg review would be complete without having a balanced approach. This Nutmeg review covers both the pros and cons you need to know before you make an account. A comparative analysis can put things into perspective so that you are aware of what to expect.
Nutmeg Pro's
Nutmeg has been trading for 15 years.
Nutmeg offers customer support over the phone.
Nutmeg provides customer support over email.
Nutmeg gives access to customer support over livechat.
Nutmeg offers negative balance protection.
Nutmeg has a low minimum deposit requirement.
Nutmeg doesn't charge withdrawal fees.
Nutmeg has a wide range of trading instruments.
Nutmeg has over 100 employees.
Nutmeg offers social trading.
Nutmeg offers copy trading.
Nutmeg allows scalping.
Nutmeg allows hedging.
Nutmeg Con's
Nutmeg is not highly rated by us. Nutmeg is not regulated. Nutmeg hasn't won any awards. Nutmeg doesn't offer guaranteed stop loss. Nutmeg charges inactivity fees. You can't trade Cryptocurrencies with Nutmeg. Nutmeg doesn't allow commodity trading. You can't trade metals with Nutmeg. You can't trade energies with Nutmeg.Compare Brokers Similar To Nutmeg
Regulation And Licencing In More Detail
Nutmeg is regulated by Unregulated.
Nutmeg, as a business, has a strong set of rules for ensuring honest trading onto its own platform. For data encryption purposes, it provides an industry-standard secure socket layer (SSL).
As per the company's privacy regulations, client data is to not be shared with some other institutions or individuals. This includes credit history and other financial details.
Nutmeg Awards
At the time of writing this Nutmeg review, and despite Nutmeg’s impressive offering, the company has surprisingly not garnered any awards to date.Nutmeg Trading Platforms
Nutmeg are a trustworthy brokerage that has been trading for over 15 years. They offer a large range of options in their customer accounts.
Below we take the main parts of any reputable brokerage and compare Nutmeg against freetrade, and easyMarkets.
Nutmeg MetaTrader 4 (MT4)
MetaTrader 4 also known as MT4 is one of the top trading platforms on the planet and has been in active use on financial markets since 2005. The MetaTrader 4 software delivers a feature-rich, user-friendly interface and an extremely customisable trading environment, designed to cover all your trading needs and boost your trading performance. Charting functionality and advanced order management tools make certain you could monitor your positions quickly and economically.
The MetaTrader 4 (MT4) trading platform was developed primarily to trade Forex but you can also trade other types of financial instruments through CFDs and Spread Betting. You will not be able to trade Stocks, Indices, Commodities, ETFs, Futures on any MetaTrader 4 (MT4) platform unless they are CFD contracts or Spread bets. You will not own any underlying assets with CFDs or Spread bets as you are speculating on price movements.
You can start using the MetaTrader 4 platform with Nutmeg in multiple formats including through an online web platform, or through a downloadable application for Windows PC's and Mac's. Nutmeg MetaTrader 4 is compatible with the latest macOS. Nutmeg allows traders to trade on mobile devices through Android and iOS devices.
Metatrader 4 Webtrader and Nutmeg
MetaTrader 4 is the most popular trading platform in the world as most and more traders begin to trade online Metatrader 4 is available as a web based application available through your web browser. MetaTrader 4 web software provides the same easy to use performance as the desktop version using advanced charting, a highly customisable trading environment, easy to access online trading tools and many different indicators.
Trading With Nutmeg MetaTrader 4 On iOS Devices
You can download the Nutmeg app or also trade with Nutmeg through the MetaTrader 4 application on the Apple app store.
Download the Nutmeg MetaTrader 4 Program free of charge from Apple's App Store. Nutmeg customers have instant access to the Financial markets, with the ability to completely manage a Portfolio on the go.
Trading With Nutmeg MetaTrader 4 On Android Devices
Andorid mobile devices and tablets are used by millions of people globally. Nutmeg provides its clients access to the MetaTrader 4 platform on Android supported devices so that their 10,000+ customers can monitor the financial marketplace and trade directly from their Android-based Smartphones and tablets. The Android Nutmeg MetaTrader 4 application enables traders to make the most of multiple advanced trading features which enables them to monitor and trade quickly on the go, simply and securely.
Minimum Deposit Required
The minimum deposit that you must deposit to begin on Nutmeg is $0. This is a decent amount for people just starting out. You can make more complex residue as you cooperate. But, ensure that you know how to make the most of your cash before investing larger sums.
Commission And Fees Explained
Nutmeg is an online broker platform, and many online brokerages charge lower fees than traditional brokerages tend to charge. The cause of this is that the businesses of online brokerages are scaled better. In other words, an internet broker is not necessarily affected by the amount of clients they have.
But this does not necessarily mean that online brokers do not charge any fees. They charge fees of varying rates for various services to earn money. There are primarily 3 different types of fees for this purpose.
The first kind of charges to keep an eye out for are trading charges. When you make a genuine trade, like purchasing a stock or an ETF, you're charged trading charges. In these instances, you are paying a spread, funding rate, or a commission. The sorts of trading fees and the prices vary from broker to broker.
Commissions can be fixed or determined by the traded volume. On the flip side, a spread denotes the gap between the buying and selling price. Financing or overnight prices are those who are billed when you hold a leveraged position for more than daily.
Apart from trading charges, online agents also charge non-trading fees. These are determined by the actions you undertake on your account. They are charged for services like depositing cash, not trading for long periods, or withdrawals.
Generally, Nutmeg does not charge high fees in comparison to other online brokers. For operations other agents charge for, they either do not charge a brokerage fee, or they charge a smaller amount. This is beneficial for those who often trade, such as daily or weekly trading.
However, non-trading fees billed by Nutmeg are comparatively lower. Consequently, you're billed more for non-trading actions in your trading account, such as withdrawal and deposits. These aren't about the purchase and sale of assets.
This Nutmeg review breaks down each of the applicable non-trading charges for you in detail.
Compare Broker Fees Of Nutmeg
Nutmeg Withdrawal Fees Explained
Nutmeg doesn't charge withdrawal fees.Withdrawal of cash is possible at any time from the Nutmeg account. You can draw sums up to the amount of your account balance, keeping aside the perimeter used. One thing to keep in mind is that you don't necessarily need to have any money in your account.
Moreover, the withdrawn money will be moved directly to the accounts you use to create deposits. Thus, if you used a credit card for deposits, the withdrawn cash will be sent to the cardNutmeg will ask you to provide other withdrawal methods in case your details have changed since your deposit.
There is a minimum withdrawal amount. In case you are withdrawing money in different currencies from USD, a conversion fee is also important. The conversion fee will be dependent on the money you're opting to draw in.
Nutmeg Inactivity Fees Explained
Nutmeg charges an inactivity fee when you don't create any trades for a while.
Even if no fees have been implied by Nutmeg, it is better for you to close the account if you're inactive. Inactivity fees are not just charged by brokerage companies but also many financial services.
For other trading platforms, the inactivity fee is contingent on the sort of account you have chosen. The inactivity fee is exposed to many conditions and needs to be revealed clearly by the agent beforehand.
Nutmeg Deposit Fees Explained
When you transfer money into your trading account by your bank account, a deposit fee can be charged by the broker. Most agents do not charge an excessive amount of money for this operation.
Nutmeg doesn't charge deposit fees so you are free to transfer smaller amounts of money in more regularly if needed
Depositing money into the Nutmeg trading platform is simple. You simply have to finish a single-user profile survey to begin depositing money into your trading account. You'll need to give an identity evidence and evidence of residency to deposit substantial amounts.
Compare Nutmeg Vs Other Broker Deposit Methods
What Can You Trade With Nutmeg in 2023?
Note: Nutmeg provides many different trading instruments due to regulatory restrictions in many countries. Trading instruments offered may be different depending on the country of residence of the client.
Nutmeg has a wide variety of over 273 instruments available for you to trade with.
If trading currency pairs is of interest to you then Nutmeg offer over currency pairs.
Compare Nutmeg, freetrade & easyMarkets below.
Nutmeg Trading App Review
Note: Nutmeg's mobile app has many functions and is being constantly developed. What follows was accurate at the time of compiling this Nutmeg broker review.
Understand the capabilities of the mobile apps of Nutmeg, freetrade & easyMarkets below.
Trading Education Available At Nutmeg
Understand the trading resources available with Nutmeg, freetrade & easyMarkets below.
Nutmeg Customer Support
As part of our Nutmeg broker review we tested the options for customer service, response times and on the Nutmeg trading platform issue resolution effectiveness. Nutmeg provides support in various languages, including English, and Chinese
Nutmeg Live Chat Support
We tested the livechat experience with Nutmeg and it works well. We made a request to Nutmeg livechat via their app and web site and got a reply in less than 20 seconds. Sometimes there was no response.
We tried communicating through Nutmeg support in multiple languages and in various countries. Nutmeg were capable of resolving our customer problems.
Nutmeg Phone Support
We phoned Nutmeg and the call was answered extremely quickly. It was responded to within less than 5-10 minutes.
The Nutmeg phone support team was able to successfully address our questions and concerns over the phone. We tried the multilingual Nutmeg team by calling them in various languages. Nutmeg made an effort to ensure all of our questions were answered.
The overall phone support provided by Nutmeg was okay.
Nutmeg Email Support
We have sent numerous emails to Nutmeg and responses were generally satisfactory. The fastest email response from Nutmeg was 5 hours while the longest response time was 3 days! Sometimes , there was no response. Support response times may vary for you at Nutmeg, but this was our experience sending out 10 emails at different times.
The team resolved and answered our queries. The overall average of email support provided by Nutmeg was excellent.
Alternatives To Nutmeg
If, after reading this Nutmeg review, they don't fulfill your requirements check out these Nutmeg alternatives.
We have scoured the internet to find the best alternatives to Nutmeg. Click the hyperlinks below to find out more.
Frequently Asked Questions
Can I try Nutmeg before I buy?
Yes, you can most definitely try Nutmeg before you buy. Nutmeg offers demo accounts for the convenience of beginner traders. You can use this feature to build your faith in the machine and yourself and your trading strategies.
If you sign up to get a demonstration account on Nutmeg, you will set out with a decent amount of virtual money. It's to establish a sense of security and confidence in you until you choose to invest your own money.
With a digital Nutmegdemo account, you can experiment in any way, to whatever length you desire. You can also open positions, test different trading strategies, and much more.
Nutmeg shows on its official website that you are able to trade real time stocks in a demo account.
Is Nutmeg safe?
You can drop all your worries because we believe that Nutmeg is totally safe to use. It's in compliance with all the principles of Unregulated.
Even so, Nutmeg does not have assured stop-loss protection.
Why does Nutmeg ask for my passport?
The reason that Nutmeg asks for your passport when you open a live account is to ensure that it remains within the rules of its regulated bodies. Because there is a lot of money moving around the world, Nutmeg has to be careful that they don't breach any money laundering laws and part of that is know as KYC (Know your customer). This means that at all times, Nutmeg must know exactly who they are dealing with so that if there is any investigation they are comfortable that they are well within the law.
How can I start trading with Nutmeg?
The process to start trading with Nutmeg is super simple. You need to begin by signing up on the Nutmeg website. It will require you to fill in details pertaining to the credibility and security of your account. You will probably also have top go through the standard KYC (Know Your Customer) checks but Nutmeg are normally pretty quick with this.
Once you are done setting up your profile, you must deposit a minimum amount to get started. The minimum deposit for a live account with Nutmeg is $0. You should have a good {understanding of|hold over} the {details|nuances} of online trading before you set out and trade with real money as losses can exceed deposits.
If you are confident of your knowledge and understanding, you can open an account with Nutmeg.
The best way to kickstart your trading career with Nutmeg is to open a demo account facility before risking any real money
What funding methods do Nutmeg accept?
There are a number of ways to finance your accounts with Nutmeg. The process is effortless and quick, with different payment methods at your fingertips.
You can use credit or debit cards Which range from Visa, Diners, and Maestro to MasterCard and Visa Electron. PayPal is also at your disposal for depositing funds. You must keep in mind that PayPal is not available in all country. The monies Nutmeg accepts for deposit are USD, GBP, AUD, EUR, NZD, CHF, ZAR, SGD, JPY, CAD.
Other deposit techniques you can adopt are Neteller, Skrill, Rapid Transfer, and iDeal. Besides online banking, wire transfer is a possibility as well, even though it takes approximately 4-7 days.
Is my money safe with Nutmeg?
Yes, your cash is safe and secure with Nutmeg. As you know, Nutmeg operates with proper conformation to regulations. It has established plenty of steps to guard all of its own investors.
Nutmeg safeguards its clients' private and sensitive information under SSL encryption. Your capital will be retained highly secure in top-tier banks.
If you wish to further protect your account, you can empower Two-Step Verification also. It takes an SMS confirmation that you get your accounts.
Is Nutmeg trading good?
Yes, trading via Nutmeg is a pleasant and good experience indeed. It is a great and intuitive platform with useful features for your ease. In addition, you could also gain access to a huge collection of educational resources and assistive substance to kickstart your trading expertise.
If you remain skeptical, it is possible to open a eToro demo account and assess the trustworthiness of the platform on your own.
Which Countries do Nutmeg support?
Nutmeg operates across the world. However, due to regulations Nutmeg cannot accept clients from Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Is Nutmeg legit?
Nutmeg is a legit company headquarted in USA since 2008. They are regulated by Unregulated. Nutmeg is an acclaimed fintech company, which operates with transparency. You will not have to bear any hidden costs or be a victim to any scams.
Is Nutmeg a good broker?
Nutmeg is an excellent agent, and its users may vouch for it. The highlight of this platform is its quick order execution on transactions.
You'll find the clean design of this platform along with the commendable features that are pleasant to work with.
Is Nutmeg a trustworthy broker?
Yes, Nutmeg is a trustworthy broker. Top-tier financial authorities regulate all operations. Over 10,000+ users registered with them can affirm to their trustworthy nature.
What is the minimum deposit for Nutmeg?
The minimum deposit to open a live account with Nutmeg is $0
How long do Nutmeg withdrawals take?
Normally, withdrawal of money from Nutmeg is actioned within a couple of working days but depending on the withdrawal method chosen, it could take up to 7 working days for a withdrawal from Nutmeg to show in your bank account and withdrawls are available in any of the following currencies.
USD, GBP, AUD, EUR, NZD, CHF, ZAR, SGD, JPY, CAD
Is Nutmeg regulated?
Nutmeg are regulated by Unregulated
Is Nutmeg a market leading broker?
Nutmeg is currently among the business leaders. It has over 10,000+ registered users and over 15 years of experience on its record. They are one of the world's top trading platforms and a prominent figure in the Fintech revolution.
It simplifies this standing to its incredible platform and wide range of resources plus tools so you can invest in capital markets.
Is Nutmeg a con?
No, Nutmeg is not a con. They are regulated by Unregulated and must adhere to their rules. Thus, it is safe to say that Nutmeg is not a scam.
Can you make money with Nutmeg?
Through Nutmeg, several traders earn a lot of cash. However, just like all online brokers, it is important to note that traders can also lose money. In particular, Your capital is at risk
This can look like a small number, but over the entire year, this adds to a significant number of gains. Even though Nutmeg provide you all the tools to make money, they can't guarantee that you will gain.
Does Nutmeg have fees?
Yes. To begin trading with Nutmeg, you need to deposit $0. Particular commissions while trading also apply. Any processing fees from your bank will have to be incurred by you.
When was Nutmeg founded?
Nutmeg was founded in 2008 in USA. Nutmeg is regulated by Unregulated.
How many people use Nutmeg?
Nutmeg is a worldwide recognised broker with 10,000+ customers.
Where is the Nutmeg head office?
Nutmeg has its head office in USA
Does Nutmeg offer negative balance protection?
Yes, Nutmeg has Negative Balance Protection. It's specially offered when the industry volatility keeps clients from letting their accounts go into the red. In a situation like this, Nutmeg provides the ability to reset a clients account balance to zero.
You can go through the critical stipulations on Nutmeg's site to comprehend their policies better.
Does Nutmeg offer guaranteed stop loss?
Nutmeg, unfortunately, does not offer guaranteed stop loss. Nutmeg provides an opportunity to its dealers to close their trades at their given price. Aside from that, Nutmeg does not provide guaranteed stop loss.
Does Nutmeg allow scalping?
Yes, Nutmeg does permit scalping. Many traders across the world choose Nutmeg due to their scalping services. They offer trading on WebTrader, Desktop, Mobile & Apps which allow this.
Does Nutmeg allow hedging?
Yes, Nutmeg does allow hedging.
Can you trade energies with Nutmeg?
No, unfortunately you cannot trade energy stock with Nutmeg
Can you trade agricultural shares with Nutmeg?
No, unfortunately you cannot trade agricultural stock with Nutmeg
Can you trade cryptocurrency with Nutmeg?
No, unfortunately you cannot trade cryptocurrency with Nutmeg
Can you trade metals with Nutmeg?
No, unfortunately you cannot trade metals with Nutmeg
Can you trade UK Shares with Nutmeg?
Yes, you can trade UK shares with Nutmeg
Can you trade US Shares with Nutmeg?
No, unfortunately you cannot trade US shares with Nutmeg
Can you trade Japanese Shares with Nutmeg?
No, unfortunately you cannot trade Japanese shares with Nutmeg
Can you trade German Shares with Nutmeg?
No, unfortunately you cannot trade German shares with Nutmeg
Does Nutmeg accept bank transfers?
Yes, Nutmeg accepts bank transfers for depositing money.
Does Nutmeg accept credit cards?
Yes, Nutmeg accepts credit cards for depositing money.
Does Nutmeg accept PayPal?
No, Nutmeg does not accept PayPal.
Does Nutmeg accept Skrill?
No, Nutmeg does not accept Skrill.
Does Nutmeg accept Payoneer?
Yes, Nutmeg accepts Payoneer for depositing money.
Payoneer is an American financial services company that provides online money transfer, digital payment services and provides customers with working capital.
Account holders can send or receive funds via an ewallet, virtual bank account number in local currency, or a reloadable prepaid MasterCard debitcard. The Payoneer debit card allows money to be used online or at point-of-sale with the Payoneer debit cards. The company specializes in facilitating cross-border B2B payments. It provides cross-border transactions in 200 countries and territories and more than 150 local currencies, with its cross border wire transfers, online payments, and refillable debit card services.
Payoneer is used by companies like Airbnb, Google, Amazon and Upwork to send large-scale payouts all over the globe. It's also used by eCommerce platforms like Rakuten, Walmart, Wish.com, and freelance marketplaces like Fiverr, Envato, and works in conjunction with ad networks to link these companies with publishers based out of their headquartered countries.
Payoneer is a content creator and works with Pond5, iStock, Pond5 and other companies as well as the freelance market.
Payoneer has a customer care team with 320 employees who support 4 million customers in 70 languages, operating in 150 different currencies.
The company launched a service in October 2019 that allows small and medium-sized companies to send money anywhere in the world fast and cheaply.
Does Nutmeg accept Neteller?
No, Nutmeg does not accept Neteller.
Does Nutmeg offer Live Chat customer support?
Yes, Nutmeg offers customer support through live chat.
Does Nutmeg offer phone customer support?
Yes, Nutmeg offers customer support over the telephone.
Does Nutmeg offer email customer support?
Yes, Nutmeg offers customer support through email.
What languages can Nutmeg communicate in?
Nutmeg has the ability to communicate and support customers who speak: English, and Chinese
Does Nutmeg have a wikipedia page?
No, Nutmeg does not have an official wikipedia page.
Does Nutmeg offer demo accounts?
Yes, Nutmeg offers virtual portfolio accounts so you can learn their systems before risking any real money. Newbie traders can open a virtual portfolio account in order to better understand the aspects of Forex trading and test out some of the features before risking a live account.
Compare Nutmeg To All Our Other Brokers