Score

1.52 /10
Danger

NSBroker

Suspicious Regulatory License

Suspicious Scope of Business

Suspicious Overrun

High potential risk

C

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Score

Regulatory Index0.00

Business Index7.08

Risk Management Index0.00

Software Index4.00

License Index0.00

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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

NSFX Ltd

Company Abbreviation

NSBroker

Platform registered country and region

Malta

Company website

X

Company summary

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Warning: Low score, please stay away! 5
Previous Detection : 2024-11-17
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The MaltaMFSA regulation (license number: C 56519) claimed by this broker is suspected to be clone. Please be aware of the risk!

WikiFX Verification

NSBroker · Company summary

General Information & Regulation

NSB is a brand owned by NSFX Ltd, an online broker offering currencies, precious metals and indices trading services. NSFX is regulated by the Malta Financial Services Authority (License Number IS/56519).

Market Instruments

NSB offers investors access to over 100 financial instruments, including Forex currency pairs, precious metals, indices, energy, cryptocurrencies, and stocks.

Minimum Deposit

NSB offers investors a live account and a demo account for new users to practice their trading strategies. However, the minimum deposit requirement part is not fully disclosed.

NSB Leverage

Trading leverage varies depending on each instrument, leverage up to 1:30 for major currency pairs, 1:20 for minor & exotic pairs, 1:20 for gold, 1:10 for silver, 1:20 for indices, 1:5 for stocks, and 1:2 for cryptocurrencies.

Spreads & Commissions

Spreads on the NSB platform float from 0.3 pips for major currency pairs, 0.5 pips for minor currency pairs and 1.9 pips for exotic pairs, with a trading commission of $8 per lot. Spreads for XAUUSD float from 1.5 USD, XAGUSD from $0.02, and commission is $8 per lot. Spreads for AUS200 float from 2.5 AUD and commission is 0.05%. Crude oil spreads start from 0.12 USD, and commission is 8 USD per lot. The commission for trading stocks is 0.05%.

Trading Platforms

NSB offers investors the MT5 desktop, MT5 mobile, and MT5 web trading platforms. Traders can open up to 100 charts at a time when trading on the MT5 platform. The charting system comes with 21 timeframes, more than 40 graphical objects, more than 50 technical indicators, 4 zoom modes, and traders can choose client indicators from 17 display styles.

Deposit & withdrawal

NSB supports traders to deposit and withdraw funds from their investment accounts via VISA/MasterCard, wire transfer, Skrill, and Neteller payment methods.

User Reviews

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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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