Neroway Review – Fake Crypto And Tesla Giveaways Exposed

Generally speaking, the company’s services look quite legitimate, except for the fact they don’t reveal any founder, address, or contact details. Therefore, traders might wonder if all that is a fairy tale or a legit offer.

Luckily, in this unbiased Neroway review, you’ll get all the necessary answers. If you remember all the tips we reveal here, you might keep your funds safe from swindlers. But it can also be helpful if you check for more advice from our Fin Art Media review as well.

Legal Info: Is Neroway Legit Or A Scam?

If you are looking for the company’s legal details, you should hire an investigator. Practically, this firm doesn’t reveal any relevant information that could make them more trusted. Not to mention, we have seen numerous look-a-like websites offering the same services. Nevertheless, there’s only one thing that can make this exchange trusted. It’s a top-tier license.

Unfortunately, this company lacks authorization from trusted institutions like FCA, BaFin, CFTC, or similar. Consequently, traders can’t expect their funds to be safe in the company’s possession.

Who Are Neroway’s Victims?

Besides regulatory problems and targeted countries, this broker has been heavily misleading traders. Apparently, more than 2 million verified users are working with this firm. However, there are no publicly available Neroway reviews. 

If you look at the company’s domain age, you will realize they have been around for only a few months. Therefore, it’s hardly believable they have that many clients at all. In any case, website analytics can show us what countries are the primary target of this exchange. Those are: 

• Cyprus
• Slovenia
• United States
• United Kingdom
• Canada

Another firm having similar target areas is PrevailFX and you can recognize a lot of similarities between these two swindlers. The most important common thing is that you can recover money from both of those. For detailed guidance, feel free to contact our refund team.

Leverage, Commissions, Spreads, Fees and Taxes

Generally, the Neroway exchange has quite transparent trading costs and fees. Thus, those can be changed anytime without prior notice. 

Anyway, trading fees are quite attractive, starting at 0.075%. It’s already below the industry average, and all other discounts are practically meaningless. When it comes to deposit and withdrawal fees, you can expect 2% and 1.5% fees, respectively.

Bonuses

One new trick the Neroway crypto exchange implements is a bonus offer. Thus, there’s a catch. If you accept any bonuses or promotions, you’ll have to make an insurance deposit the company declares based on your account size and residence country. So, watch out for it.

Neroway Trading Features

Besides regular exchange services, the Neroway app offers spot and leveraged trading as well. However, with unclear trading conditions. All in all, nothing that could be compared to top-tier exchanges licensed by the most trusted regulators.

Trading Platforms Available

It is important to realize that all trading features with this exchange are available only on a web-based platform. Even without Neroway login credentials, you can explore the platform, and you will realize all of its flaws very quickly. Primarily, that leverage feature is locked if you are not registered with them. Fairly, with highly volatile cryptos, such detail is crucial.

Available Trading Assets

As can be seen from the platform, the company offers approximately 40 cryptocurrencies in the Neroway wallet. Compared to some other top-ranged exchanges, that’s quite a poor number. 

All their assets can be found with all other trusted exchanges, starting with: 

• BTC
• ETH
• DOGE
• SHIBA
• DOT, etc.

Account Types

Usually, there are no specific account type options with exchanges. Thus, fraudulent ones tend to offer them to manipulate traders into higher deposits. In this case, traders can opt for VIP/Premium accounts. The problem is that the company practically forces you to register a VIP account if you have more than 0.25 BTC in your balance.

With their fictive platform, they can make it look like you got it and, therefore, require you to deposit more money. Otherwise, you can’t make any withdrawals. Also, keep in mind the minimum deposit requirement for a VIP account is not disclosed.

Mobile Trading App

If you check any top-tier exchanges, you will see they also provide highly secure mobile apps. Unfortunately, this company does not have such features, and that also tells you something about them.

Demo Account

Another missing feature of this exchange is a demo account. Even though the platform access is free, with their margin trading options, a demo account is more than necessary.  But for those options, you’ll have to look elsewhere.

Education

The company was eager to offer everything, starting with Neroway bonus offers, giveaways, and promotions, but not education. As a result, you will be throwing money away without a clue about cryptos. 

Even if you are an experienced trader, with their hidden features, you might have issues. If you want to trade cryptos properly, make sure to get a proper education first.

Neroway Withdrawal

You can forget about easy withdrawals with the company’s Premium account manipulations and shady bonus offers. Even if some withdrawals happen, it’s because they want you to trust them with more money. 

Nevertheless, the company advertises card payment options for deposits but not for withdrawals. Instead, you’ll have to use cryptos.

Customer Support

The only way to reach out to the Neroway scam company is through live chat and ticket form. Fairly, not the most convenient method for an investment firm. Not to mention they might be using apps like Telegram or WhatsApp at a later stage with end-to-end encryption.

Key Information To Consider About Neroway

In the first place, the company doesn’t have adequate licenses to provide virtual asset trading services. In addition to that, they lack trusted apps, transparency about leveraged trading, and credibility. Not to mention they claim to have more than 2 million users and there are zero reviews about them.

Lastly and most importantly, there are high potential problems during withdrawals. Primarily due to shady bonus and withdrawal policy. So, if you experience any of those issues, don’t hesitate to reach out for a refund consultation. The first meeting is completely free and without any obligations. Book yours by sending us a message now.

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