NSBroker Review 2021 – Should You Trade With NSBroker?

NSBroker (NSFX Ltd) is a prestigious and regulated online FX & CFD broker based in Malta. Its main office is located at 168 St Christopher Street, Valletta VLT 1467, Malta. Since its establishment in 2011, NSBroker has attracted traders from all levels thanks to its vision of reforming the online trading industry. This objective is attained through 3 sub-targets which NSBrokers founder calls 3 pillars fostering the company: Innovative Trading Platforms, Innovative Trading Tools, & Excellent Trading Conditions. NSBroker is also popular for its reliability and diverse offers.

Traders from all around the world are benefited from the resourceful education centre, dedicated support team, a wide range of trading instruments and a high level of security. Furthermore, NSBroker offers among the best trading conditions of the industry including tight spreads, low commission fees, convenient payment and many more. These advantages make NSBroker a great destination for online money making and financial investing.

NSBroker Pros & ConsPros

• A multi-regulated broker covering 5 financial markets

• A free and unlimited demo account for all traders

• Extensive and free education resources for all clients

• Available market analyses, reviews and strategy-related discussion topics

• Quick deposit/withdrawal

• Competitive spreads starting from only 0.3 pips

Cons

• NSBroker does not offer bonds and ETFs

• Lack of high leverage choices

• Only one real account type

Who is NSBroker Recommended For？

Having its base in Malta, NSBrokers oriented targets are English, French, German, Italian, and Arabic markets. To be specific, NSBroker has its registration and is regulated by financial administration agencies in all of these countries:

• Malta: License number IS/56519 by MFSA.

• UK: License number 595195 by FCA

• France: License number 74397 ACP

• Germany: License number 131055 by BaFin

• Italy: License number 3597 by Consob

• Spain: License number 3354 by CNMV

• Denmark: License number 9221 by FINANSTILSYNET

Additionally, NSBroker also acts under European Markets in Financial Instruments Directive (MiFID) which is founded to maintain a transparent and harmonious investment environment among European Economic Area.

Still, as a global trading brand, NSBroker welcomes traders coming from all countries with the only exception of the United States. Despite not having too many physical representative offices in continentals, NSBroker still manages to have multi-language customer care which can surprise clients by supporting you in your mother tongue.

Top NSBroker Features

ECN

NSBroker offers an Electronic communication network (ECN) for its trading environment. The biggest advantage of this connection type is that NSBroker purely plays the role of an intermediary without interfering with the pricing or execution. It simply receives the orders and passes them to the interbank market. As a result, the execution speed is much faster with no delay and no requote.

Spreads

NSBroker has ultra-low spreads starting from only 0.3 pips. The broker partners with top-tier banks like Dukascopy, PrimeXM, Citi, UBS, Barclay and others. These financial institutions act as liquid providers helping NSBroker facilitate orders by making a side easily matched with its counterpart, thus keeping the spreads low and stable.

Trading Platform

NSBroker enables its clients to use the MetaTrader 5 (MT5) for trading. MT5 is not just a simple trading terminal but it also creates a trading ecology system. This fact is reflected by various advanced tools it provides to help traders study the market to make informed decisions. Several notable features are 38 technical indicators, 44 analytical objects, 21 timeframes and an unlimited number of charts, observable depth of the market, both hedging and netting allowed, integrated economic calendar, etc.

Furthermore, as an innovative way of trading, MT5 supports automated trading by allowing trading signals, multithreaded strategy testing or expert advisors. It truly reforms the online trading industry and pushes this game of mind to a higher level.

NSBrokers MT5 has 3 versions:

• Desktop: Clients need to download MT5 software which is built-in with NSFX Ltd server.

• Mobile device: Available on both AppStore and Google Play, after downloading, clients need to search for the broker server to log in.

• WebTrader: No need to download anything but clients have to access the NSBroker website before login to their trading accounts.

NSBroker has 3 hotlines at London, Austria and Spain and a mailbox at help@nsbroker.com. However, this broker has a multi-language support team who can speak your language. all you need to do is leave your contact and message, NSBroker will get to you within an hour. For technical support, the working hour is from 08:00 to 20:00 (GMT+3), matching with the server time of NSFX Ltd. server in the trading platform.Support Channels

NSBrokers website can be displayed in English, French, German, Spanish, Russian, Italian, Portuguese and Poland which also are the main markets of this broker.

NSBroker Overview

Regulation & Licensing	NSBroker is multi-regulated by MFSA, FCA, ACP, BaFin, CNMV, FINANSTILSYNET. It also complies with the stipulated rules on Markets in Financial Instruments (MiFID) and contributes to the Investor Compensation Fund.
Accepted Jurisdictions	Worldwide (except the US)
Assets Offered	Currencies: majors, minors, and exotics Energy carriers: Brent and WTI oil Precious metals: silver and gold Cryptocurrencies: e.g Bitcoin, Ripple, Ethereum, Litecoin indices: e.g. AUS200, JPN225, UK100
Platforms Available	MT5 trading platform available in all versions: Desktop, mobile device (phone, tablet) and Webtrader
Mobile Compatibility	PC (Windows, Linux, Mac), mobile devices (iOS, Android)
Payment Types Accepted	Debit card, bank transfer, Skrill, Neteller
Languages	English, French, Russian, Spanish, Italian, Deutsch, and Portuguese.

NSBroker Account Types

NSBroker offers only one real account type with the ECN environment.

Features	NSBroker real account
Account Currencies	USD, GBP and EUR
Available Leverage	Up to 1:100
Spreads	As low as 0.3 pips
Commission fees	$8/lot or 0.05%
Minimum deposit	$500 or equivalent
Trading instruments	Forex, precious metals, energy carriers, indices, cryptocurrencies
Min. lot size per trade	0.01 lot
Deposit	Free
Withdrawal	Bank transfer, credit/debit card (free) Skrill, Neteller (2.9%)
Access to the Education Center	Free
1-1 coaching	Requesting

NSBroker Regulation

Being licensed and supervised by various European regulators, NSBroker has to bind to specific monetary policies:

• Segregation of clients‘ funds: This policy obliges NSBroker to separate its clients’ funds from its operating budget. It makes sure your money is used by you and for your trading purpose solely.

• Negative balance protection: This tool automatically shut down all trades when your balance drops to zero. Its purpose is to prevent traders from getting into debt when trading on margin.

• Compensation: NSBroker is a contributor to the Investor Compensation Fund. This fund acts as insurance and will compensate traders the amount of up to 20,000 Euro in case their broker fails to fulfil its obligations.

NSBroker Spreads, Leverages and Costs

As aforementioned, NSBroker‘s spreads are among the lowest in the industry starting from only 0.3 pips. Nonetheless, NSBroker doesn’t provide too many leverage choices. The highest ratio that a professional trader can have at this broker is 1:100. On the other hand, medium leverage can be a safe ratio, especially for new traders since higher leverages can quickly wipe out their accounts after a few trades. As an ECN broker, NSBroker charges commissions for each trade, this fee can either be $8/lot or 0.05% of volume depending on the trading instrument.

Non-trading fees

This kind of fee refers to the charges which don‘t relate directly to trading. At NSBroker, while the deposit is free of charge, clients have to pay a fee for withdrawal via e-wallets. NSbroker doesn’t charge maintenance or inactivity fee. In general, all fees are public on the website and there is no hidden fee that can bother the clients or interrupt their trading experience.

Real account application

To trade the real markets, you can create a trading account by clicking ‘Open an account’ on the top right of the homepage. In the application form dropping down, you need to provide your full name, email, create a password and choose the preferred base currency.

As NSBroker offers only one account type, clients dont need to do any classification test on knowledge and experience. It shortens the registration time and takes you no more than 10 minutes to finish. However, after that, a personal account manager still contacts you to discuss aspects relating to your trading and suggest the best ways to approach your financial targets.