General Information
Nimble Markets is a comprehensive online trading platform that offers a diverse range of market instruments and account types to cater to traders' various needs. With access to forex currency trading, online CFD trading, and precious metals trading, traders can explore a wide array of trading opportunities. The platform provides diffenrant spreads, commission structures, and leverage options , allowing traders to make informed decisions based on their risk tolerance and trading strategies. Supported by the popular MetaTrader 5 trading platform, Nimble Markets offers advanced features and tools for efficient and convenient trading, including automated trading capabilities. Additionally, the platform provides educational resources, such as trading guides, economic calendars, and market analysis, to empower traders with knowledge and insights.
Is Nimble Markets legit or a scam？
Nimble Markets is registered in Seychelles, but it is not regulated by any reputable financial authority. It is important to note that trading with an unregulated broker carries a higher risk as there is no oversight by a regulatory body to ensure fair practices and protection of clients' funds. Traders should conduct thorough research and due diligence before opening an account with an unregulated broker.
Market Instruments
Nimble Markets offers a variety of market instruments to cater to different trading preferences:
Forex Currency Trading:
Nimble Markets provides a comprehensive platform for forex currency trading. Traders have access to a wide range of currency pairs, allowing them to participate in the global forex market and take advantage of price fluctuations for potential profit.
Online CFD Trading:
Nimble Markets enables online Contract for Difference (CFD) trading, offering traders the opportunity to speculate on the price movements of various financial instruments without owning the underlying assets. CFDs can be traded on diverse markets such as stocks, indices, commodities, and cryptocurrencies, providing traders with a broad range of trading opportunities.
Precious Metals Trading:
Nimble Markets facilitates trading in precious metals such as gold and silver. Traders can take advantage of price movements in these precious metals and potentially benefit from their intrinsic value as a safe-haven investment or as a means of diversification in their trading portfolios.
VPS (Virtual Private Server):
Nimble Markets offers a virtual private server (VPS) service to traders. VPS allows traders to have their trading platforms and algorithms hosted on a secure and reliable virtual server, ensuring uninterrupted connectivity, faster trade execution, and enhanced trading efficiency.
With these market instruments, Nimble Markets provides traders with a comprehensive and diverse trading environment, allowing them to access forex currency trading, online CFD trading, precious metals trading, and utilize VPS services for optimized trading experiences.
Pros and Cons
Nimble Markets is an online trading platform that offers a diverse range of market instruments and account types. It provides access to forex currency trading, online CFD trading, and precious metals trading, along with VPS services for optimized trading experiences. The platform utilizes the popular MetaTrader 5 (MT5) trading platform, which offers advanced features and tools. Nimble Markets also provides educational resources to empower traders with knowledge and insights. However, it is important to note that Nimble Markets is not regulated by any reputable financial authority, which poses a higher risk for traders. Traders should conduct thorough research and due diligence before opening an account.
Pros and Cons:
Account Types
Nimble Markets offers a diverse range of account types to accommodate different trading needs and preferences:
Micro Account:
The Micro Account allows traders to trade 60+ currency pairs, 10+ CFDs, as well as gold and silver. With variable spreads starting from 1 pip and no commissions, traders can take advantage of market opportunities. The maximum leverage for this account type is 500:1. The minimum deposit is US$100.
Silver Account:
The Silver Account provides access to trading 60+ currency pairs, 10+ CFDs, and silver. Similar to the Micro Account, it features variable spreads starting from 1 pip and no commissions. The maximum leverage for the Silver Account is 200:1. The minimum deposit is US$6000.
ECN Account:
The ECN Account offers traders the opportunity to trade 60+ currency pairs, 10+ CFDs, gold, and silver with fluctuating spreads starting from 0.0 pips. The maximum leverage for this account type is 200:1. The minimum deposit is US$2500. Traders on the ECN Pro Account pay a commission of $10 per lot.
Premium Account:
The Premium Account allows traders to trade 60+ currency pairs, 10+ CFDs, gold, and silver. With variable spreads starting from 1 pip and no commissions, traders can enjoy a favorable trading environment. The maximum leverage for the Premium Account is 400:1. The minimum deposit is US$1000.
Gold Account:
The Gold Account provides similar trading opportunities as the Micro Account, with the ability to trade 60+ currency pairs, 10+ CFDs, gold, and silver. It features variable spreads starting from 1 pip and no commissions, with a maximum leverage of 200:1. The minimum deposit is US$6000.
HFT Account:
The HFT Account caters to high-frequency traders, offering the ability to trade 40+ currency pairs, 20+ CFDs in futures contracts, gold, and silver. Traders on this account can benefit from fluctuating spreads starting from 0.2 pips and a maximum leverage of 200:1. The minimum deposit is US$20000. Traders on the HFT Account pay a commission of $8 per lot.
VIP Account:
The VIP Account is designed for experienced traders who seek premium trading conditions. Traders can trade 60+ currency pairs, 10+ CFDs, gold, and silver with spreads starting from 0.0 pips. The maximum leverage for this account type is 100:1. Additionally, traders on the VIP Account pay only $2 per side per lot (0.002% notional). The minimum deposit is US$6000.
Islamic Account:
The Islamic Account maintains the same trading conditions and terms as the regular trading account types. The key difference is the absence of swap charges, making it compliant with Islamic finance principles.
These account types provide a range of trading conditions, allowing traders to choose the account that aligns with their trading strategies and preferences.
Leverage
Nimble Markets offers a range of leverage options across its account types, allowing traders to choose the level that suits their trading needs. The leverage ratios provided range from 100:1 to 500:1. Traders can enjoy leverage ratios of 200:1 on both the Silver and Gold accounts, while the VIP Account provides a maximum leverage of 100:1. For those seeking higher leverage, the Micro and ECN Accounts offer leverage ratios of 500:1 and 200:1, respectively. Additionally, the Premium and HFT Accounts provide leverage ratios of 400:1 and 200:1, ensuring that traders have flexibility in managing their positions and potential profits or losses. It's important for traders to consider their risk tolerance and trading strategy when selecting the appropriate leverage ratio.
Spreads an Commissions
Nimble Markets provides competitive spreads and transparent commission structures for traders on its platform.
For the Micro, Silver, Gold, and Premium accounts, traders can enjoy variable spreads starting from 1 pip, ensuring cost-efficient trading without any commissions.
The VIP Account offers even tighter spreads starting from 0.0 pips, and traders will only pay $2 per side per lot (0.002% notional) as a commission.
The HFT Account and ECN Account feature fluctuating spreads, with the HFT Account offering spreads starting from 0.2 pips. Traders using the ECN Account will pay a commission of $10 per lot. Traders using the HFT Account will pay a commission of $8 per lot.
Nimble Markets ensures that traders have access to competitive pricing and transparent fee structures, allowing them to make informed trading decisions and maximize their potential profits.
Trading Platform Available
Nimble Markets offers the popular trading platform MetaTrader 5 (MT5) to its clients. MT5 is a comprehensive and advanced trading platform that provides a wide range of features and tools for efficient and convenient trading. With MT5, traders can access a variety of financial markets, including forex, stocks, commodities, and indices, allowing for diversified trading opportunities. The platform provides real-time market data, interactive charts, and advanced analytical tools to help traders make informed trading decisions. MT5 also supports automated trading through its Expert Advisors (EAs) feature, allowing traders to implement their trading strategies and execute trades automatically. Additionally, the platform offers a range of order types, including market orders, limit orders, and stop orders, providing flexibility in trade execution. Furthermore, MT5 is available on multiple devices, including desktop computers, web browsers, and mobile devices, ensuring that traders can access their accounts and trade anytime and anywhere.
Deposit & Withdrawal
Clients can deposit funds to their trading accounts by bank transfer (internet banking, SEPA, CHAPS etc), debit cards, major credit cards or cheque. Nimble Markets does not charge for debit card deposits. The broker currently offers accounts in GBP, USD, EUR and AUD. Nimble Markets does not accept cash deposits or third-party payments. The broker can only accept cheques drawn on a UK bank account, not foreign cheques.
Trading Hours
The trading times at Nimble Markets depend on the specific market. The forex market, for example, is open 24 hours a day, 5 days a week.
Accepted Countries
Nimble Markets is not able to accept debit/credit card payments from Afghanistan, Belarus, Canada, Cote d'lvoire, Cuba, Democratic Republic of the Congo, Equatorial Guinea, Iran, Libya, Myanmar, North Korea, Sierra Leone, Somalia, Sudan, Syria, United States and Zimbabwe.
Customer Support
Nimble Markets offers customer support to its clients through various channels, including email, phone. Traders can reach out to Nimble Markets' customer support team via email and phone. By contacting the dedicated email support, clients can submit their inquiries, concerns, or requests for assistance, and expect a prompt response from the support team. Alternatively, traders can utilize the provided phone support to directly communicate with a representative who can address their questions or provide guidance.
Educational Resources
Nimble Markets understands the importance of education and offers a range of educational resources to assist traders in enhancing their knowledge and skills. The company provides the following educational and training materials:
Trading Guides: Nimble Markets offers comprehensive trading guides that cover various topics related to trading strategies, technical analysis, risk management, and market insights. These guides are designed to provide traders with valuable information and guidance.
Economic Calendar and Market Analysis: The company provides an economic calendar and regular market analysis to keep traders updated on important economic events, market trends, and potential trading opportunities. This information helps traders make informed trading decisions.
News & Blogs: Nimble Market skeeps traders updated with the latest market news and analysis through their news section and blog. They provide insightful articles, market commentaries, and analysis of significant market events. Traders can access this information to stay informed about market trends and make informed trading decisions.
Conclusion
Nimble Markets is a trading platform that offers a comprehensive range of market instruments and account types to cater to different trading preferences. Traders can access forex currency trading, online CFD trading, and precious metals trading, along with VPS services for optimized trading experiences. The platform provides diverse account types, such as Micro, Silver, ECN, Premium, HFT, VIP, and Islamic accounts, each offering specific features and trading conditions to suit various strategies and goals. Nimble Markets provides leverage options ranging from 100:1 to 500:1 across its account types, allowing traders to manage positions according to their risk tolerance and trading strategies. The platform utilizes MetaTrader 5 (MT5), a comprehensive and advanced trading platform that offers a wide range of features and tools for efficient and convenient trading across multiple financial markets.
Risk Warning
Trading of securities, forex, stock market, commodities, options and futures may not be suitable for everyone and involves the risk of losing part or all of your money. Trading in the financial markets has large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the markets. Don't invest and trade with money which you can't afford to lose. Forex Trading are not allowed in some countries, before investing your money, make sure whether your country is allowing this or not.
FAQs
Q: Is Nimble Markets a regulated broker？
A: No, Nimble Markets is not a regulated broker.
Q: What is the minimum deposit required to open an account with Nimble Markets？
A: The minimum deposit required to open an account with Nimble Markets is $100.
Q: What is the maximum leverage offered by Nimble Markets？
A: The maximum leverage offered by Nimble Markets is 500:1
Q: Does Nimble Markets offer a demo account？
A: Yes, Nimble Markets offers a demo account that allows clients to practice trading in a risk-free environment with virtual funds.
Q: What payment methods does Nimble Markets accept？
A: Nimble Markets accepts a wide range of payment methods, including bank transfer, debit card, major credit cards and cheque.
Q: What trading platforms does Nimble Markets offer？
A: Nimble Markets offers MetaTrader 5 platforms.
2024-06-17 20:02
