Score

1.52 /10
Danger

NIC

United Kingdom

5-10 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Comparison

Expose

Exposure

Time Machine
Website

Score

Regulatory Index0.00

Business Index7.05

Risk Management Index0.00

Software Index4.00

License Index0.00

Time Machine
Website

Licenses

No valid regulatory information, please be aware of the risk

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

Single Core

1G

40G

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Warning: Low score, please stay away!
Previous Detection : 2024-11-18
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

NIC · Company summary

Note: Regrettably, the official website of NIC, namely https://www.wataniya-fx.com, is currently experiencing functionality issues.

NIC Review Summary
Founded 2-5 years
Registered Country/Region United Kingdom
Regulation Unregulated
Market Instruments N/A
Demo Account N/A
Leverage N/A
EUR/ USD Spreads N/A
Trading Platforms N/A
Minimum Deposit N/A
Customer Support Email: info@wataniya-fx.com

What is NIC?

NIC is a forex broker that operates without regulation.Additionally, the inaccessibility of their official website raises further doubts about the broker's reliability.

Investing in NIC carries a higher level of risk due to these factors. NIC can be contacted via email at info@wataniya-fx.com.

NIC

We would like to extend an invitation, encouraging you to read our upcoming article where we will conduct a detailed evaluation of the broker from multiple perspectives and present concise yet comprehensive information. By the end of the article, we will provide a brief summary that will give you a complete understanding of the broker's essential features.

Pros & Cons

Pros Cons
N/A
  • Inaccessible website
  • Not regulated
  • Limited communication channels

Pros:

N/A

Cons:

- NIC has an inaccessible website which raises doubts about the stability and dependability of their trading platform.

- The brokerage firm is not regulated, meaning it is not held accountable to any governing authority or regulatory body.

- NIC has limited communication channels, which could be an issue for investors who require ongoing support.

Is NIC Safe or Scam?

NIC lacks regulatory oversight and the unavailability of their official website adds to doubts about their trading platform's dependability. These circumstances increase the level of risk associated with investing in NIC.

If it is your intention to invest with NIC, it is essential to conduct comprehensive research and rigorously evaluate the potential risks versus rewards before making conclusive decisions. Typically, it is advisable to choose brokers that are duly regulated to guarantee the security of your invested capital.

No license

Customer Service

Customers can visit their office or get in touch with customer service line using the information provided below:

Email: info@wataniya-fx.com

Conclusion

In conclusion, NIC is a forex broker that operates without regulation. This lack of oversight can raise concerns about the legitimacy and reliability of their trading platform. The inaccessibility of their official website further adds to the doubts about the broker's credibility. Investing in NIC carries a higher level of risk due to these factors. Potential clients should exercise caution and consider other regulated alternatives with better transparency and accountability in the forex market.

Frequently Asked Questions (FAQs)

Q 1: Is NIC regulated?
A 1: No. It has been verified that this broker currently has no valid regulation.
Q 2: How can I contact the customer support team at NIC?
A 2: You can contact via email: info@wataniya-fx.com.
Q 3: Is NIC a good broker for beginners?
A 3: No. It is not a good choice for beginners. Not only because of its unregulated condition, but also because of its inaccessible website.

Risk Warning

Trading online carries a significant risk, and there is a possibility of losing all invested capital. It is essential to understand that online trading may not be suitable for all traders or investors. It is crucial to thoroughly comprehend the risks involved and acknowledge that the information presented in this review could be subject to updates and changes due to the evolving nature of the company's services and policies.

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