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No Regulation
Score
1.51 /10
Danger
NH FUTURES
Influence
C
Add brokers
Comparison
Expose
Exposure
Time Machine
Website
Score
Regulatory Index0.00
Business Index7.03
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!
2
Previous Detection :
2024-11-11
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
- The current information shows that this broker does not have a trading software. Please be aware!
WikiFX Verification
| NH FUTURES Review Summary | |
| Founded | 1997 |
| Registered Country/Region | South Korea |
| Regulation | No regulation |
| Market Instruments | Forex, Commodities, Indices, Cryptocurrencies and Futures |
| Demo Account | ❌ |
| Trading Platform | / |
| Min Deposit | / |
| Customer Support | Email: ellykim@futures.co.kr |
| Phone: 1588-4280 | |
| Physical Address: NH Futures 16, 17F, 2, Gukjegeumyung-ro 8-gil, Yeongdeunpo-gu, Seoul, Korea | |
NH FUTURES is a financial broker registered in South Korea in 1997. It provides four kinds of trading instruments but without transparent trading conditions. Besides, this broker lacks a legal license from any official authority.
Pros and Cons
| Pros | Cons |
| Long history of operation | Limited account types |
| Multiple trading choice | Lack of legal regulation |
| Limited info on trading conditions |
Is NH FUTURES Legit?
NH FUTURES lacks legal regulation. Trading with an unregulated broker like CryptoXtreme exposes you to significant risks. Additionally, the domain name for this company was registered on January 4, 1997, was last updated on August 16, 2022, and will expire on October 15, 2025.
What Can I Trade on NH FUTURES?
NH FUTURES offers five types of domestic tradable instruments, including stock index futures, interest rate futures, currency futures, product gift and night market. Meanwhile, it also offers overseas instruments, including currency futures, energy futures, interest rate futures, precious metal futures, agricultural and livestock futures, and index futures.
| Tradable Instruments | Supported |
| Forex | ✔ |
| Commodities | ✔ |
| Indices | ✔ |
| Cryptocurrencies | ✔ |
| Stocks | ❌ |
| Futures | ✔ |
| Bonds | ❌ |
| Options | ❌ |
Fees
NH FUTURES charges fees according to the market instrument types. For example, for common KOSPI200 futures, the fees are set at transaction amount * 0.00995%, and for common Mini KOSPI 200 futures, they are set at transaction amount * 0.00995%. For more details, you can refer to:
https://futures.co.kr/content/Getcontent.do?content=3000005
Deposit and Withdrawal
NH FUTURES charges deposit usage fee. For domestic derivatives deposit, it ranges from 0.4% to 0.6%. However, overseas derivatives deposit charges no usage fee.
Domestic derivatives deposit usage fee:
- Won Deposits - Cash Entrustment Margin: Average Balance: 0.6% per year
- Cash Entrustment Margin - Cash Deposit Required Amount: Average Balance: 0.4% per year
Please visit the following website for more details:
https://futures.co.kr/content/Getcontent.do?content=4000136
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