Nab Consulting -Some Important Details about This Broker

WikiFX | 2022-10-09 15:54

Abstract：Nab Consulting is an Estonia-registered broker, providing a series of trading instruments. With this brokerage platform, five types of trading accounts are available, and the minimum deposit to start with this broker is 250€. As this brokers official website cannot be accessed for now, we could not obtain more essential details about its trading instruments, spreads and commissions, leverage and more. Nab Consulting does not disclose who runs it, and this forex broker does not hold any regulatory license to show it operates legally. Please be aware of the risk.

Since Nab Consultings official website (https://www.nabconsulting.eu/) is temporarily down, we could only piece together the rough picture of this brokerage house by fathering relevant information from other websites.

General Information

Nab Consulting is an Estonia-registered broker, providing a series of trading instruments. With this brokerage platform, five types of trading accounts are available, and the minimum deposit to start with this broker is 250€. As this brokers official website cannot be accessed for now, we could not obtain more essential details about its trading instruments, spreads and commissions, leverage and more.

Nab Consulting does not disclose who runs it, and this forex broker does not hold any regulatory license to show it operates legally. Please be aware of the risk.

Account Types

Nab Consulting provides four trading accounts for both retail and professional traders: Micro, Silver, Gold, Platinum, Exclusive. To open a Micro account, the most expensive one, you need to fund at least 250, which is much higher than most legit forex brokers requirements, less than $100.

The most expensive account, Exclusive, requires an absurdly high amount of €200,000.

It appears that Nab Consulting, this unregulated broker, tries to defraud investors by asking for high deposits. Please be aware of the risk.

Leverage

Trading leverage is not mentioned anywhere. Since leverage may increase your profits, it can also cause serious fund losses, especially to inexperienced traders. Therefore, it is wise for beginners to choose the smaller size no more than 1:10 until they gain more trading experience.

Trading Platform

Nab Consulting provides access to the MT4 trading platform, featuring one-click operations for opening and closing trades, setting stops and entry limits, placing direct orders, setting and editing limit and stop loss, as well as the robust charting package, the ability to use automated trading bots (Expert Advisors), and the flexibility of the interface.

Customer Support

As Nab Consultings official website cannot be opened for now, online chat is not available. Clients in need of assistance can try to reach this broker through the following contact channels:

Telephone: +372 609 3439

Email: info@nabconsulting.eu

Risk Warning

Trading leveraged products such as forex, cryptocurrencies and derivatives may not be suitable for all investors as they carry a high degree of risk to your capital. Please ensure that your fully understand the risks involved, taking into account your investments objectives and level of experience.

The information presented in this article is intended solely for reference purposes.

Forex trading Forex Broker

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No Regulation

Nab Consulting

Company name：Nab Consulting

Score

1.53

5-10 years | Suspicious Regulatory License | Suspicious biz area | High potential risk

Score

1.53

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