The money that you deposit into your account is placed in separate accounts. The money is stored in a separate bank account and is either held in the client’s name or in the name of NextTrade.
This is documented in our system. This makes sure that the money belonging to both the businesses and our client is tracked.
In the unlikely event that NextTrade closes, client funds are retained in the black and are never utilized to pay creditors.
Please, get in touch with our support team, so that we can help you.
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Financial Service Provider Details
Riza Financial (Pty) Ltd.
Registered address: Office 029, 1st floor 101 Isaiah Ntshngase RD, Stamford Hill, Durban Kwa-Zulu Natal 4001.
The website is operated by NextTrade, a brand of Riza Financial (Pty) Ltd. (Company Registration Number 2021/910163/07), an authorized Financial Services Provider, licensed and regulated by the Financial Sector Conduct Authority (FSCA) in South Africa, with FSP Number 52855.
Legal: This website is operated by Riza Financial (Pty) Ltd. an authorized Financial Services Provider (FSP) with number 52855.
Risk Warning: Engaging in contracts for difference (CFD) and other leveraged financial instruments inherently entails substantial risk, including the potential for the total loss of your invested capital. It is imperative that clients comprehend the inherent risk and consider their investment goals, trading experience, and financial capability before commencing trade. Please ensure that you have thoroughly understood the risks involved, and seek independent advice if needed, ensuring your actions are always aligned with your investment understanding and tolerance of risk. Please read and ensure you fully understand the Risk Disclosure.
Restricted regions: The Company does not provide its services for the residents of certain countries, such as the United States of America, United Kingdom, Canada, Japan, the Islamic Republic of Iran, Russia and the European Union.
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