Score

6.28 /10
Average

NSBroker

Regulated in Malta

Market Maker (MM)

Suspicious Scope of Business

Suspicious Overrun

Medium potential risk

C

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Score

Regulatory Index6.02

Business Index7.24

Risk Management Index7.63

Software Index5.42

License Index6.02

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Website

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Broker Information

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Company Name

Alchemy Markets Ltd

Company Abbreviation

NSBroker

Platform registered country and region

Malta

Company website

Company summary

Pyramid scheme complaint

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WikiFX Risk Alerts 3
Previous Detection : 2025-06-16
  • The United KingdomFCA regulation (license number: 595195) claimed by this broker is suspected to be clone. Please be aware of the risk!
  • The FranceAMF regulation (license number: 74397) claimed by this broker is suspected to be clone. Please be aware of the risk!

WikiFX Verification

NSBroker · Company summary
NSBrokerReview Summary
Founded2019
Registered Country/RegionMalta
RegulationMFSA (regulated), FCA/AMF (suspicious clone)
Market InstrumentsCurrencies, precious metals, indices, energy carriers, cryptocurrencies, stocks, commodities
Demo Account
Leverage/
Spread/
Trading PlatformMT5
Minimum Deposit/
Customer SupportPhone: +44(203)936-07-21
Email: help@nsbroker.com
Physical Address: Suite 124, Signature Portomaso, Vjal Portomaso, San Giljan, PTMO1, Malta

NSBroker Information

NSBroker, founded in 2019, is a brokerage registered in Malta. The trading instruments it provides cover currencies, precious metals, indices, energy carriers, cryptocurrencies, stocks, commodities.

NSBroker Information

Pros and Cons

Pros Cons
MFSA regulatedSuspicious clone licenses
Multiple trading instrumentsNo information about account type
MT5 trading platform supportedNo Islamic trading account offered
Demo account availableNo MT4
Popular payment optionsWithdrawal fees charged
No deposit fees

Is NSBroker Legit?

NSBroker has three types of licenses, which are MFSA License, FCA License and AMF License. But it is only regulated by MFSA in Malta because the current status of FCA License and AMF License is suspicious clone.

Regulated AuthorityCurrent StatusRegulated CountryRegulated EntityLicense TypeLicense Number
The Malta Financial Services Authority (MFSA)RegulatedMaltaALCHEMY MARKETS LTD.Market Making(MM)C 56519
The Financial Conduct Authority (FCA)Suspicious CloneUnited KingdomNSFX LimitedEuropean Authorized Representative (EEA)595195
The Autorité des Marchés Financiers (AMF)Suspicious CloneFranceNSFX LimitedCommon Financial Service License74397
license
license
license

What Can I Trade on NSBroker?

NSBroker offers traders the opportunity to trade currencies, precious metals, indices, energy carriers, cryptocurrencies, stocks, commodities.

Tradable Instruments Supported
Energy carriers
Currencies
Precious metals
Commodities
Stocks
Cryptocurrencies
Indices
Futures
Options
assets

Account Types

Unfortunately, NSBroker doesn't offer any information about accout type. The only thing we know is that it provides real accounts and demo accounts.

Trading Platform

NSBroker's trading platform is MT5, which supports traders on PC, Mac, iPhone and Android devices.

Trading PlatformSupported Available Devices Suitable for
MT5PC, Mac, Web, MobileExperienced traders
MT4/Beginners
Trading Platform

Deposit and Withdrawal

The broker doesn't charge deposit fees but charges withdrawal fees. It supports 4 types of payment methods, which are Credit Card, Bank Wire, Skrill, Neteller. If withdrawing with Skrill and Neteller, a fee of 2.9% will be charged.

MethodDeposit Processing TimeDeposit FeesWithdrawal Processing TimeWithdrawal Fees
Credit CardInstant$0Up to 1 Business dayNo fees
Bank TransferBetween 2-3 Days$0Up to 2 Business dayNo fees
SkrillInstant$0Up to 1 Business day2.9%
NetellerInstant$0Up to 1 Business day2.9%
Deposit and Withdrawal
Deposit and Withdrawal

User Reviews

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User comment

4

Comments

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=上善@铠鸣℡(魯铠鸣)-盖闻U商
more than one year
They show disdain to their contributors and hide behind opaque, unethical terms and conditions which they use to falsely penalise decent contributors. I would avoid them if you can.
They show disdain to their contributors and hide behind opaque, unethical terms and conditions which they use to falsely penalise decent contributors. I would avoid them if you can.
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2023-02-17 12:02
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爲祢ぺ葑吢
more than one year
The demo trading experience is great! Trading instruments are very rich, and the spread is very tight. The default 1:30 is super friendly to me as a novice. The interface of the mt5 trading platform is very clear and easy to understand!
The demo trading experience is great! Trading instruments are very rich, and the spread is very tight. The default 1:30 is super friendly to me as a novice. The interface of the mt5 trading platform is very clear and easy to understand!
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2022-11-29 12:17
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