Nerico Brothers Limited
Primary
HK
Registration not shown
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1 entity
unverified
Broker profile
NE
Nerico Brothers Limited Review: Is It Legit and Regulated?
Nerico Brothers Limited
HK
Operating period unverified
FindMyFX score
high risk5.0/10
0
Score out of 10
10
Independent assessment
Updated 2026-08-11
Contact & regulation
- Official website
- Not verified
- Address
- Not verified
- Contact
- Not verified
- Primary license
- SFC · Unverified
Missing values mean the information has not been verified or published yet—not that the broker does not provide it.
Quick verdict
Is Nerico Brothers Limited legit and regulated?
FindMyFX has license records for Nerico Brothers Limited, but none is currently presented as fully verified. Check each entity, jurisdiction, source, and verification date before depositing.
This is a source-limited research summary, not a safety guarantee or investment recommendation.
Broker-provided profile information is reviewed before publication. Paid profile features never affect FindMyFX scores, license verification, risk flags, reviews, complaints, or editorial decisions.
Broker-provided company information
Former Hong Kong Type 3 leveraged foreign exchange trading licensee whose licence was revoked by the Securities and Futures Commission in August 2025.
Professional broker overview
FindMyFX editorial summary
Nerico Brothers Limited was a Hong Kong Type 3 leveraged foreign exchange trading licensee. The Securities and Futures Commission announced on 28 August 2025 that it revoked the firm's licence and banned members of senior management for life. A further SFC action announced in June 2026 arose from its investigation into the firm's failure to repay more than US$150 million.
Prepared from reviewed sources for informational purposes. This is not investment advice.
Editorial note: This record is materially affected by SFC disciplinary and court-related actions; it is included for database completeness, not as an active-broker suggestion.
- Operational status
- inactive
- Broker type
- unknown
- Execution model
- Not verified
- Support hours
- Not verified
Documented advantages
- The SFC provides detailed public disciplinary records identifying the firm and regulated activity.
Documented limitations
- The SFC revoked the firm's licence in August 2025.
- The SFC reported further legal action in June 2026 arising from its investigation into the firm's failure to repay more than US$150 million.
75%coverage
Published profile coverage
6 of 8 core information groups currently contain published data. This measures data availability, not broker quality or safety.
Company structure
Legal entities
Registered companies associated with this broker profile.
Markets and instruments
Leveraged foreign exchange trading
unverified
Research sources
Licenses and regulators
SFC
No license number
Last verified: Not shown
Type: Type 3: leveraged foreign exchange trading
Client class: Not shown
Compensation: Not shown
Segregated funds: Unknown
Negative balance protection: Unknown
Risk flags
SFC licence revoked
high · draftThe SFC announced on 28 August 2025 that it revoked Nerico Brothers Limited's licence following disciplinary findings.
SFC legal action following Nerico investigation
high · draftOn 17 June 2026 the SFC announced legal action arising from its investigation into Nerico Brothers Limited's failure to repay more than US$150 million.
Score components
Regulation and licenses
7.5/10 · 35%Direct SFC notices establish the former licence, regulated activity and revocation.
Security and track record
7.5/10 · 20%Strong official evidence exists for material adverse regulatory and legal events; this score reflects evidence completeness, not a positive security assessment.
Trading conditions
2.5/10 · 15%Historical leveraged-FX authorization is documented, but no current active trading conditions are available.
Company transparency
5.0/10 · 10%The regulator provides substantial public event detail, while current broker operational disclosures were not established.
Service quality
0.0/10 · 10%No current service-quality evidence was established for an active operation.
Verified user reviews
0.0/10 · 10%No verified user-review dataset was established from the inspected official sources.
Profile update history
Broker profile was published.
2026-08-11
Related regulated broker profiles
These profiles share at least one recorded regulator. This is not a recommendation or equivalence claim.