+44 207 994 644

Nutmeg Guide – Read our In-Depth Nutmeg Review

This Nutmeg review has been updated for 2021 by industry experts with years of financial experience in Forex, CFDs, & Social Trading.

Please note that due to regulations, the content in this Nutmeg review does not apply to US users.

This Nutmeg review contains the most recent information about Nutmeg.

If you're a new entrant in the world of trading and brokerage, so many facts will be perplexing for you. Getting into the world of trading demands expert assessing skills and thorough understanding. You'll acquire adept at all of the concepts of broker as you keep trading. For starters, you need to choose the right broker who'll be clear with you constantly.

In this fast-paced world of stock markets and trading, you will need advice to make proper decisions. A professionally lead investment program will generate hefty returns. Nutmeg is one such stage that will take you along with your investment to great heights. It's important to know about Nutmeg before you trust them with your money.

Nutmeg review

Our full Nutmeg Review covers everything you need to learn about trading using Nutmeg. A good broker can multiply your first investments and provide you favorable profits. If you want to earn profits, you should trade with a brokerage service that contrasts with your investment goals.

There is no sure-fire way to ensure profits; therefore, you must carefully analyze your broker before you select them. It is a common misconception that all agents will be exactly the same, but that is not true. Wrong judgment, initially, can set your investments at risk.

Nutmeg is a broker that has forged its way successfully to the brokerage world. In this review, we have attempted to collate a number of the vital facets of Nutmeg. This review can help you to know whether Nutmeg is a good match for your investments or not. We have tried to breakdown all the features and charges for your convenience.

Nutmeg Review, Table Of Contents

Who are Nutmeg?

Nutmeg is a forex broker headquartered in USA and provides a range of instruments for trading. Since its beginning in 2008, Nutmeg has emerged as a top-tier player in the field of online broker. Nutmeg has a highly aggressive and full-featured trading website that's focused on currency, indices, metals, stocks , commodities.

Over the past 13 years, Nutmeg has grown into one of the leading online brokers.

After launching in 2008, their consumer base has become as big as 10,000+ clients.

Nutmeg is a favorite for many dealers.. Our Nutmeg review found that they are an superb alternative for automated trading options. It's most appropriate for investors who are searching for a variety of assets. Social and automated trading solutions are the core at Nutmeg.

Technology plays a substantial role at Nutmeg. Nutmeg offers trading on WebTrader, Desktop, Mobile & Apps. Nutmeg is honest, transparent, and also a well-regulated agent by the Unregulated. Their outstanding variety of tools will be beneficial for most traders. Third-party partnerships also supply in-house analysis.

The trader resource section at Nutmeg is quite insightful for new dealers since it permits them to have a closer look in the financial markets. Nutmeg caters to all types of traders and are a must-have broker for any well-diversified method of online trading.

Benefits of doing online trading with Nutmeg?

Trading with Nutmeg includes numerous advantages. These benefits are what sets Nutmeg ahead of the rest of the online agents. You need to check all the benefits listed so you have a better understanding of Nutmeg.

The broker goes to great lengths to comprehend what traders need. Consequently, the support cost is low, quick, and convenient. The agent also gives a variety of programs for all kinds of traders. Nutmeg ensures that the individual needs of all traders are completely met.

Nutmeg also includes excellent trading conditions that are readily available to only an elite group of institutional customers. The tight spreads and quick executions are a great advantage for those traders. The technology adopted by Nutmeg is of the maximum caliber, making sure that it's fast, reliable, and effective.

Nutmeg acknowledges the significance of having a quick order execution. A quick implementation will allow users to exchange without fretting about slippage safely. It will also help the dealers to catch the utmost profitable opportunities.

Automated trading is another important facet of Nutmeg. A new trader can learn from industry experts utilizing the automatic trading option. The tight spread begins from as low as 0.0 pips, even though they are available for only razor balances.

Nutmeg has over 273 trading instruments to support all types of traders. These tools are lively and convenient for both new and seasoned traders. The dealers can put aside all their worries 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 wil find a lot of alternatives to Nutmeg.

Everything you should know about trading using Nutmeg

Nutmeg is a lively platform that provides various techniques of trading. These tools cover the monetary markets substantially. The Majority of the broker platforms provide less procedures than Nutmeg

If you want to exchange with Nutmeg, you'll need a minimum deposit of $0. This deposit is mandatory if you wish to begin trading with Nutmeg. This 2021 Nutmeg review will direct you easily about trading with them.

Nutmeg is as versatile as any other broker platform. Nutmeg is great for traders who want a manageable variety of cheap services. The platforms offered by Nutmeg are third party, white-label offerings. All traders may select out of WebTrader, Desktop, Mobile & Apps.

Together with everything, Nutmeg has multiple benefits to new and verteran traders and should be investigated. There's absolutely no minimum time on which a transaction must be kept available. The agents provide premium client service which rewards customers with advantages.

Many unprofessional brokers attempt to pressurise consumers into larger financing for superior services. Nutmeg, on the other hand, is much more focused on trading volume. Traders can expect trading conditions to be fair, honest and transparent. The more lots traded by the user, the more advantages will become available.

Nutmeg accounts are available all over the world and provides excellent service everywhere they have customers. There are some select few countries where Nutmeg accounts are not available. Traders in the following countries cannot open or use a Nutmeg account:

Is Nutmeg Safe To Trade With?

Launched in 2008, Nutmeg has been operating for 13 years, they have a head office in USA.

Nutmeg is regulated by Unregulated. These figures have rules that ensure that trading platforms have ploicies in place to maintain investor's resources procured. This means that Nutmeg users do not need to worry about their money as it is segregated and safely stored in banks that are established. SSL encryption simplifies each user's personal information as well.

You can make use of a choice for Two Factor Authentications (2FA) with Nutmeg for heightened security. An SMS for the verification code will be sent to your mobile phone. You'll be required to input this code to log into your accounts.

Another concern with fiscal brokers with respect to safety might be manipulation of trading. This is highly disadvantageous for users on these platforms. However, this is much more widespread in the example of Market Maker brokers who compete with customers on the platform.

Pro's & Con's Of Trading With Nutmeg

Every online trading platform has a few pros and cons Nutmeg review would be complete without showing both sides. 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 is trusted by 10,000+ clients
  • Nutmeg doesn't charge inactivity fees
  • Nutmeg doesn't charge deposit fees
  • Nutmeg doesn't charge CFD fees
  • Nutmeg offer trading on WebTrader, Desktop, Mobile & Apps
  • Nutmeg offer 273 trading instruments
  • Nutmeg trades major forex pairs
  • Nutmeg can communicate in

Nutmeg Con's

  • Nutmeg does not offer Negative Balance Protection
  • Nutmeg does not offer Guaranteed Stop Loss
  • Nutmeg charge withdrawal fees
  • Nutmeg doesn't trade minor forex pairs
  • Nutmeg doesn't trade exotic forex pairs
  • Nutmeg doesn't offer trading on cryptocurrencies

Nutmeg Review - Compare Brokers Similar To Nutmeg

Nutmeg BNP Paribas Intertrader ICICI Direct
Rating 4/5 4/5 4/5 4/5
Minimum Deposit $0 $100 $1 $0
Year Founded 2008 2004 2009 1994
Headquarters USA UK Gibraltar India
Regulated By Unregulated Financial Conduct Authority (FCA) Financial Conduct Authority (FCA) Securities and Exchange Board of India (SEBI), Member of the Bombay Stock Exchange
Clients 10,000+ 10,000+ 10,000+ 2,000,000+
Find Out More
Risk Warning Your capital is at risk Your capital is at risk Losses can exceed deposits Your capital is at risk

Nutmeg Review - 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 functions, it provides an industry-standard secure socket layer (SSL).

As per the organization's privacy regulations, customer data is never to be shared with any other institutions or individuals. Including credit history and other financial information.

Nutmeg Review - Awards

    At the time of writing this Nutmeg review, they had not received any awards.

Nutmeg Review - Minimum Deposit Required

The minimum deposit that you must deposit to begin on Nutmeg is $0. This is an adequate amount for those just beginning. You can make more complex deposits as you go along. But, make certain that you know how to make the most of your cash before investing larger amounts.

Nutmeg Review - Commission And Fees Explained

Nutmeg is an online brokerage platform, and most 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 customers they have.

However, this doesn't necessarily mean that online brokers don't charge any fees. They charge fees of varying rates for various services to earn money. There are mainly three different types of fees for this objective.

The first kind of fees to keep an eye out for are trading charges. Whenever you make an actual trade, like purchasing a stock or an ETF, you are billed trading fees. In these cases, you are paying a spread, financing rate, or even a commission. The sorts of trading fees and the prices differ from broker to broker.

Commissions can be fixed or dependent on the traded quantity. On the flip side, a spread refers to the gap between the buying and selling price. Financing or overnight rates are those that are charged when you hold a leveraged position for longer than daily.

Apart from trading fees, online agents also charge non-trading fees. These are dependent on the actions you undertake on your account. They're billed for operations like depositing cash, not trading for lengthy periods, or withdrawals.

Generally, Nutmeg doesn't charge high fees compared to other online brokers. For operations other brokers charge for, they either do not charge a brokerage fee, or they charge a smaller sum. This is beneficial for people who often exchange, such as weekly or daily trading.

But, non-trading fees billed by Nutmeg are relatively lower. Consequently, you're billed more for non-trading actions in your trading account, like withdrawal and deposits. These aren't related to the sale and purchase of assets.

This Nutmeg review breaks down each of the applicable non-trading charges for you in detail.

Compare broker fees against Nutmeg

Nutmeg BNP Paribas Intertrader ICICI Direct
Minimum Deposit $0 $100 $1 $0
Withdrawal Fees variable variable variable No
Inactivity Fees No No
Deposit Fees variable No
CFD Fees No

Nutmeg Review - Withdrawal Fees Explained

Nutmeg charges a withdrawal fee if you make a bank transfer. Every time you transfer money into your bank accounts, these withdrawal charges become important.

Withdrawal of cash is possible at any moment from the Nutmeg account. It's possible to withdraw sums up to the sum of your account balance, keeping aside the perimeter used. 1 thing to keep in mind is that you don't always need to have any money in your accounts.

In addition, the withdrawn money will be moved directly to the accounts you use to make deposits. Therefore, if you used a credit card for deposits, then the withdrawn cash will be sent into the card. Nutmeg 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 are opting to withdraw in.

Nutmeg Review - Inactivity Fees Explained

Understanding whether you will be charged inactivity fees is only one of those buzzing questions that run through your head while open an account with Nutmeg. An inactivity fee is an amount charged to registered dealers that have not engaged in buying or selling for a while. The period regarded as inactive is determined by the agent.

The inactivity fee differs from 1 broker to another and isn't generalized. If a dealers account does not have a buying or selling trade, it is maintained by the agent as an inactivity fee. The traders have to pay this fee under conditions and terms they had consented while registering.

Nutmeg doesn't charge inactivity fees so you are free to pop in and out of your account as needed

Even if no fees are implied by Nutmeg, it's better that you close the account if you are inactive. Inactivity fees aren't just charged by brokerage firms but also many financial services.

For additional trading platforms, the inactivity fee depends upon the type of account you've selected. The inactivity fee is exposed to many circumstances and needs to be disclosed clearly by the broker beforehand.

Nutmeg Review - Deposit Fees Explained

When you move money in your trading account by your bank account, a deposit fee can be billed by the broker. Most brokers 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 cash on 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 have to give an identity evidence and proof of residency to deposit substantial amounts.

Nutmeg Review - Compare Broker Deposit Methods

Nutmeg BNP Paribas Intertrader ICICI Direct
Minimum Deposit $0 $100 $1 $0
Credit Card No
PayPal No
Neteller No
Skrill No
Payoneer No

What Can You trade With Nutmeg?

Note: Nutmeg offers a lot of different trading instruments due to regulatory restrictions in various countries. Trading instruments offered will differ 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 forex pairs.

Compare Nutmeg, BNP Paribas, Intertrader & ICICI Direct below.

Nutmeg BNP Paribas Intertrader ICICI Direct
Platforms WebTrader, Desktop, Mobile & Apps iPhone/iPad, Mac, Desktop, Web Trader, Tablet & Mobile apps Web Trader, Tablet & Mobile apps
Instruments Available 273 60 100 5000
Forex & Crypto
Forex Pairs Available 45 0
Offers Major Forex Pairs? Yes No Yes No
Offers Minor Forex Pairs? No No Yes No
Offers Exotic Forex Pairs? NO NO Yes No
Offers Cryptocurrencies? NO NO Yes Yes
Commodity CFD's
Commodities Offered 0 0 10 14
Trade Metals? NO No No
Trade Energies? NO No No
Trade Agricultural? NO No No
Indiced & Stock CFDs
Stocks Offered 0 10 14
Trade UK Shares? Yes No No
Trade US Shares? NO NO Yes
Trade German Shares? No No No
Trade Japanese Shares? No No No

Your capital is at risk

Your capital is at risk

Losses can exceed deposits

Your capital is at risk

Alternatives To Nutmeg

If, after reading this Nutmeg review, Nutmeg does not fulfill your needs 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 about Nutmeg

Can I try Nutmeg before I buy?

Yes, you can most definitely try Nutmeg before you buy. Nutmeg offers demo accounts for the ease of new traders. You may use this feature to build your faith in the system as well as yourself and your trading strategies.

If you register for a demo account on Nutmeg, you will set out using a decent amount of virtual currency. It is to establish a sense of safety and confidence in you until you decide to spend your own money.

With this digital Nutmegdemo account, you can experiment at all, to whatever length you desire. You can even start positions, examine different trading strategies, and much more.

Nutmeg specifies on its official site which you can trade real time stocks in a demo account.

Is Nutmeg safe?

It is possible to drop all of your worries because we believe that Nutmeg is completely safe to use. It's in compliance with the principles of Unregulated.

Even so, Nutmeg doesn't provide 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 withNutmeg is perhaps simple enough to be a cakewalk. 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.

Once you are done setting up your profile, you must deposit a minimum amount to get started. The minimum deposit for a live acocunt with Nutmeg is $0. You should have a good hold over the nuances of online trading before you set out and trade with real money.

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 methods to finance your account with Nutmeg. The process is effortless and quick, with different payment methods in your fingertips.

You can use credit or debit cards ranging from Visa, Diners, and Maestro to MasterCard and Visa Electron. PayPal can be at your disposal for depositing funds. You have to keep in mind that PayPal isn't available in all country. The monies Nutmeg

Is my money safe with Nutmeg?

Yes, your cash is safe and protected with Nutmeg. As you already know, Nutmeg operates with proper conformation to. It's established plenty of steps to guard all its investors.

Nutmeg safeguards its clients' personal and sensitive information under SSL encryption. Your funds will be kept highly secure in top-tier banks.

If you want to further safeguard your account, it is possible to empower Two-Step Verification also. It requires an SMS affirmation that you access your account.

Is Nutmeg trading good?

Yes, trading through Nutmeg is a pleasant and good experience indeed. It is an excellent and intuitive platform with helpful features for your simplicity. In addition, you can also obtain access to a huge selection of educational resources and assistive substance to kickstart your trading expertise.

If you are still skeptical, it is possible to start a eToro demo account and assess the credibility of the platform on your own.

Which Countries does Nutmeg support?

Nutmeg operates around the globe. However, due to regulations there are some countries that Nutmeg can't accept clients resident in

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 broker, and its users may vouch for it. The highlight of this platform is its fast order execution on trades.

You'll find the clean layout of the platform and the admirable features that a pleasure 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 reaffirm their trustable 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 the withdrawal from Nutmeg to show in your bank account.

Are Nutmeg regulated?

Nutmeg are regulated by Unregulated

Is Nutmeg a market leading broker?

Nutmeg is currently one of the business leaders. It has over 10,000+ registered users and over 13 years of expertise on its record. They are among the world's leading trading platforms and also a prominent figure in the Fintech revolution.

It simplifies this status to its unbelievable platform and wide range of tools plus resources so you may put money into 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 make a great deal of money. But on average, through continual trading, you can make between 2% - 10% profit a month.

This can look like a small number, but over the year, this adds to a substantial number of gains. Even though Nutmeg supply you all of the tools to earn money, they can't guarantee you will gain.

Does Nutmeg have fees?

Yes. To start trading with Nutmeg, you need to deposit $0. Certain 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 globally recognised agent with 10,000+ customers.

Where is the Nutmeg head office?

Nutmeg has its head office in USA

Does Nutmeg offer negative balance protection?

No. Nutmeg doesn't provide negative balance protection. If your balance is negative, Nutmeg indicates that you promptly contact client services. For this, you are able to correct any imbalances within your own account.

Does Nutmeg offer guaranteed stop loss?

Nutmeg regrettably, does not provide guaranteed stop loss. Nutmeg provides an opportunity for its traders to close their trades at their specified price. Apart from that, Nutmeg doesn't offer guaranteed stop loss.

Does Nutmeg allow scalping?

Yes, Nutmeg do 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?

Yes, you can trade German shares with Nutmeg

Does Nutmeg accept bank transfers?

No, Nutmeg does not accept bank transfers.

Does Nutmeg accept credit cards?

No, Nutmeg does not accept credit cards.

Does Nutmeg accept PayPal?

No, Nutmeg does not accept PayPal.

Does Nutmeg accept Skrill?

No, Nutmeg does not accept Skrill.

Does Nutmeg accept Payoneer?

No, Nutmeg does not accept Payoneer.

Does Nutmeg accept Neteller?

No, Nutmeg does not accept Neteller.

Does Nutmeg offer Live Chat customer support?

No, Nutmeg does not offer customer support through live chat.

Does Nutmeg offer phone customer support?

No, Nutmeg does not offer customer support over the telephone.

Does Nutmeg offer email customer support?

No, Nutmeg does not offer customer support through email.

What languages can Nutmeg communicate in?

Nutmeg has the ability to communicate and support customers who speak:

Does Nutmeg have a wikipedia page?

No, Nutmeg does not have an official wikipedia page.

Does Nutmeg offer demo accounts?

Yes, Nutmeg offers demo accounts so you can learn their systems before risking any real money.