Knowledge Center

Analysts FAQ


What is Nxchange?

Nxchange is a new generation stock exchange for direct trading in securities between companies and investors. Nxchange makes it possible to place and trade securities on a regulated platform without intervention of a bank or broker being required. 


Does Nxchange hold a licence?

Nxchange has a licence for a regulated market. Apart from Euronext, Nxchange is the only organisation in the Netherlands that holds this licence. The licence is issued by the Ministry of Finance. We are under the supervision of the Netherlands Authority for the Financial Markets (AFM) and the Dutch Central Bank (DNB).


Is Nxchange a new crowd funding platform?

No, Nxchange is not a crowd funding platform. The main difference is that crowd funding platforms are less heavily regulated and do not offer a secondary market.

This means that it is almost impossible for investors to further trade in securities after purchasing them, and prevents an early exit from the crowd funding platform. Furthermore, any person or business can attract capital via a crowd funding platform without any form of regulation.

Nxchange is a fully fledged stock exchange where companies can issue securities in a primary market to meet their capital needs. Investors can also trade securities with other investors in a secondary market where security and transparency is safeguarded by Nxchange.

As long as the issuing institutions meet the Nxchange listing conditions, then no restrictions apply to the issue of securities. Investors are not subject to any restrictions in terms of minimum order amounts.

Nxchange combines the positive elements of crowd funding (directly via a company’s own network or community) with the benefits of a regulated stock exchange (primary and secondary market in a regulated environment). 


Is Nxchange a new stock exchange?

Yes, Nxchange is registered as a regulated market and as an investment firm with the Netherlands Authority for the Financial Markets. As such, the company is under the supervision of the Netherlands Authority for the Financial Markets (AFM) and the Dutch Central Bank (DNB). Nxchange offers its services under the same supervisory regime as traditional stock exchanges. Nxchange's permit as a regulated market has been provided by the Dutch Ministry of Finance.

Nxchange combines the successful elements of crowd funding (directly via the company's own network or community) with the benefits of a regulated stock exchange (primary and secondary market in a transparent, liquid and regulated environment). 


Will Nxchange compete with Euronext?

Yes, Nxchange competes with Euronext and all other traditional, regulated markets and Multilateral Trading Facilities (MTFs). Nxchange operates under the same permit as Euronext and offers issuing institutions the possibility to trade securities in a transparent, liquid and regulated environment.

It is initially expected that Nxchange will only attract a limited amount of liquidity. On the other hand, the issuing institution will be able to directly address its community if it issues securities via Nxchange. Moreover, it will be less dependent on traditional financial service providers like banks, investment banks, brokers, fund managers, venture capitalists and private equity parties. Nxchange has also managed to simplify the listing process. This was achieved in close cooperation with a number of prominent law and accountancy firms. If the issuing institution complies with the listing conditions, it may complete a time- and cost-effective procedure to obtain a listing, and to issue securities on Nxchange.

As long as the issuing institutions meet the Nxchange listing conditions, then no restrictions apply to major issues of securities. Investors are not subject to any restrictions in terms of minimum orders. 


What does a decentralised stock exchange mean?

Why wouldn't you be able to purchase shares in the KLM airline company via its own website? Why shouldn't it be possible to trade funds that are offered by a financial institution via its own website?

Securities that are listed on Nxchange can be purchased through a primary issue or on the secondary market via the central trading platform on the Nxchange website, and via issuing institution's own websites.           

This means that in effect Nxchange is the first ‘white-labelled’ stock exchange. Investors no longer need to trade on a centralised stock exchange, but can now purchase shares directly via the issuing institution's own website in a primary issue or trade them in a secondary market. Nxchange enables issuing institutions to meet their capital needs directly via their own communities or network. This means that the issuing institution is less dependent on traditional financial service providers to meet their capital needs.

Nxchange will provide the issuing institution with full support in terms of providing the stock exchange/the trading platform.

Nxchange is the licence holder of the trading platform; Nxchange validates and accepts the investors (customer due diligence); Nxchange facilitates the ordering process, and the clearing and settlement of transactions; Nxchange will assist the institution to be compliant with the Nxchange listing conditions that apply to a public listing as well as Dutch law and regulations by offering a compliance module; Nxchange allows the company and the investors to directly contact each other via the Nxchange platform (anonymously if preferred).


How do I open an account at Nxchange?

There are three different ways of opening an account: With your Facebook account, Linkedin account or by entering a valid email address and password.

You will receive an activation email after registering.

Your account will need to be validated following its activation.

You can apply for validation by entering your name and address and bank details. We will also ask you for a copy of your passport or ID card and to transfer EUR 0.01 in order to verify your bank details.

Once all of your information has been received and validated, we will be able to open your account.


Is there any charge for opening an account with Nxchange?

No, opening an investment account is free of charge. We do ask you to transfer EUR 0.01 once so that we can verify your bank details. 


How can I change my email address?

You can change your email address here (you need to log in first).


How do I change my profile?

You can change some elements of your profile yourself: your address, telephone number and password. To do this, go to 'settings’. on your profile page (you need to log in first). 


When are you classified as an investor at Nxchange?

Any account holder who conducts a transaction on the Nxchange platform or who possesses financial instruments in an issuing institution is classified as an investor. 


When are you classified as an analyst at Nxchange?

Any person – including account holders –who meets the necessary criteria and publishes an analyst report for the public on or via Nxchange’s platform is classified as an analyst. The analyst report may or may not recommend or propose an investment strategy regarding one or more financial instruments of the issuing institutions. 


When are you classified as a company at Nxchange?

Any account holder who creates a company profile on the Nxchange platform is classified as a company. 


How do I file a bug or security leak?

Email us at bugs@nxchange.com

In case you discover a security leak we request that you email us immediately and do not tell anyone else. 


How do I deactivate my Nxchange account?

If you would like to deactivate your Nxchange account, please contact us at support@nxchange.com


Where can I lodge a complaint?

We regret that you are dissatisfied. You can lodge your complaint by explaining it in our contact form and sending it by email to support@nxchange.com.

Are you dissatisfied with the way that your complaint has been handled? In that case you can always contact the Dutch Financial Services Complaints Board (Klachteninstituut Financiële Dienstverlening, Kifid). Click here for more information

What vacancies does Nxchange currently have?

You can find our vacancies on this page.


What are the opening hours of Nxchange?

Investors can trade on Nxchange 24/7. If you have specific questions or require assistance, please contact Nxchange during regular business opening hours. 

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