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From my research and Nexus review, I can confidently say that Nexus is a legitimate broker, regulated by the Labuan Financial Services Authority (LFSA). The regulation adds a layer of safety for traders like me, ensuring the platform follows legal guidelines. However, as always, I would advise caution in any form of trading, especially in forex. So, in my opinion, Nexus is safe to trade with, but always be aware of the risks involved.