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NSBroker review | is NSBroker legit or scam read this review before trading with NSBroker

NSBroker review | is NSBroker legit or scam read this review before trading with NSBroker

The estimated reading time for this post is 355 seconds

NSBroker Review 2020:. when it comes to brokers review, we strive to strike the right information. Nsbroker is a competent broker, ‘yes’ we all know. But today, we will flash our bright lights at any dark end of the broker.

Summary of NSBroker

NSBroker review, founded in 2011, is a trading brokerage powered by NSFX LTD. With the base in Malta, this broker has license Number IS/56519 issued by the Malta Financial Services Authority (MFSA). The founders of NSFX are a team of expert traders. Their  to create a professional trading environment that meets all the demands of traders, from the institutional to the retail, based on 3 pillars: Trading Platforms, Innovative Trading Tools, & Excellent Trading Conditions. Learn more about NSBroker platform.

2. Conditions and Offers for Traders

NSBroker

Open NSBroker account

As the vision of its founders, NSBroker introduce a simple but comprehensive trading experience. Starting with tradable assets, there are over 70 assets available in 4 groups; Currency pairs (Forex), commodities, share indexes, energies with flexible leverage up to 1:100.

Currency pairs (forex): Foreign exchange is always the first and the biggest category. NSBroker offers the most commonly traded pairs including EUR/USD, GBP/USD, USD/JPY, USD/CHF, AUD/USD, NZD/USD, EUR/JPY…
Commodities: Gold and Silver are 2 precious metals you want to trade. The corresponding quoted currencies are USD and EUR.
Share indexes: Here you have chances to ride the indexes from the most important stock markets namely AUS200, CAC40, DAX30, FTSE100, JPN225, USA100, USA30, USA500.
Energy carriers: With highly profitable potential, Oil still gain investment interest from many traders from retails to institutions. NSBroker offers UKOIL and USOIL for their clients.

Someone may think these numbers are still modest but if you take a closer look; NSBrokers already covers all of the major ones. They are the assets likely to pop up first in your mind when it comes to investment. Moreover, these pairs also have available, transparent and easy to search information. These are clear advantages that traders cannot ignore, especially the newcomers. The leverage is not so high but it also keeps the inexperienced traders on the safe side.

Other benefits that make NSBroker so attractive in the eyes of new traders are their education resources. They offer lessons in videos, webinars and e-books. Meanwhile, short term traders or scalpers can be delighted with the spreads from as low as 0.4 pips; tight spreads means more deals made and more profits generated.

3. Open an Account with NSBroker

NSBroker

NSBroker platform wants to focus on simplicity so they offer only one account type. To register, just click OPEN AN ACCOUNT on the top right of the main page.
Note: NSBroker does not provide services to US citizens.

Fill in all the required information then tap REGISTER. The broker will ask several personal questions before verifying your identity with proof of ID, proof of residence and credit card. You can upload all relevant documents easily within minutes. You also have a demo account to test your strategies and practice trading.

Deposits & withdrawals;

You can make payment in deposit and withdrawal tabs at your Personal Account. NSBroker accepts 2 payment methods via Credit card (Visa/Mastercard) and Bank Transfer. NSBroker accept a minimum initial deposit of $250. Though NSBroker account can expand in feature to accept less.
– Credit card: Your money is instantly directed to your account.
– Bank transfer: The processing time is normally between 2-3 days.
Correspondingly, withdrawal can also be made via 2 above systems:
– Credit card: Up to 1 processing day.
– Bank transfer: Up to 2 processing days.

Wait! See our top 10 forex brokers in the world

License and Regulation

In a place having many scams like the financial market, reliability is the factor that every trader needs to consider carefully. NSBroker is licensed and regulated by MFSA but its recognition exceeds far beyond that.

In Europe, they are authorised by the Financial Instruments Directive (MiFID) to legally provide their trading services among European Economic Area (EEA). Zooming in, you can see they are licensed and regulated in most major European countries:

●United Kingdom – Registration Number: 595195 by Financial Conduct Authority (FCA)
●Germany – Registration Number: 131055 by Federal Financial Supervisory Authority (Bundesanstalt für Finanzdienstleistungsaufsicht – BaFin)
●France – Registration Number: 74397 The French Prudential Supervisory Authority (Autorité de Contrôle Prudentiel – ACPR)
●Spain – Registration Number: 3354 The Comisión Nacional del Mercado de Valores (CNMV)
●Denmark – Registration Number: 9221 The Danish Financial Supervisory Authority (FINANSTILSYNET)

Therefore, you can assure that this broker is fully regulated and supervised by many prestigious administrative bodies.

Other things you should take into account are the safety and security of the fund. As regulated by MFSA, the broker must keep the clients’ funds in accounts isolated from their fund. This guarantees that your money can only be used for your trading purpose. The broker is also regularly audited by the universal auditor PWC to certify the transparency of cash flow and operation.

Nsbroker Platform Overview

NSBroker platform uses MetaTrader 5 as their trading terminal in all versions: desktop PC, web trader and mobile devices. Conservative traders may want to keep sticking with MT4 but with new traders, why don’t start the career with the advanced MT5. In fact, MT5 is not too different from MT4; it is based on the latter and integrated with new interesting features like:
– 30+ language supported
– 21 time-frames, way more than 9 from MT4. This means more view from the market and more trading tactics can be created;
– 38 technical indicators and 44 analytical objects;
– 6 pending orders;
– Integrated chat and financial news.

Learn to install mt4 offline

NSBroker

It looks complex at first but don’t worry, you won’t need too much time to get familiar. Instead, when fully knowing how to make use of all of its tools, you will see MT5 as a comprehensive and perfect trading platform.

NSBroker  review on support

During the trading time, you may encounter different problems concerning order execution, spreads, or even deposit and withdrawal. That’s when you need help from customer service. NSBroker understands this and provides a quality support team via:
Email: help@nsbroker.com
Phone:
– London: +44 (208) 089-08-14
– Austria: +43 (720) 02-25-09
– Malta: +356 (27) 78-15-65
Live chat
Technical support is available from 08:00 – 20:00 (GMT+3). Feel free to ask if you have any issues, they are always there to help!

Nsbroker Review Conclusion.

Finally, we will conclude our NSBroker review by recommending them first. However, NSBroker is a Maltese Broker but it is recognised widely in Europe. The broker has a resourceful education academy, attractive trading conditions with low spread. More-so they havehelpful customer service and an advanced trading platform. If you are a new trader looking for a reliable broker, NSBroker platform should have a top place in your list.

Open NSBroker account.

Trade binary options with our major brokers however, they are regulated and reliable.

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