Score

1.20 /10
Danger

Nedominers

United Kingdom

1-2 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Score

Regulatory Index0.00

Business Index4.63

Risk Management Index0.00

Software Index4.00

License Index0.00

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Licenses

No valid regulatory information, please be aware of the risk

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

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Warning: Low score, please stay away! 2
Previous Detection : 2024-09-24
  • 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

Nedominers · Company summary
Nedominers Review Summary in 10 Points
Founded 2021
Registered Country/Region United Kingdom
Regulation Unregulated
Market Instruments & Services Forex, Oil & gas, Agriculture, Real estate, Retirement and insurance services, Gold, Cryptocurrency mining and trading
Demo Account Not Available
Leverage Not disclosed
EUR/USD Spread Not disclosed
Trading Platforms Not disclosed
Minimum Deposit USD 50
Customer Support Phone, email, address, contact us form, live chat, WhatsApp, Telegram

What is Nedominers?

Nedominers, a brokerage firm based in the United Kingdom, offers a globally-focused set of financial instruments and services. These include Forex, Oil & Gas, Agricultural commodities, Real Estate, Retirement and Insurance services, Gold, as well as Cryptocurrency mining and trading. However, it is important to underscore that, despite the breadth of their offerings, Nedominers operates without supervision from recognized regulatory authorities.

Nedominers' homepage

In our upcoming article, we will present a comprehensive and well-structured evaluation of the broker's services and offerings. We encourage interested readers to delve further into the article for valuable insights. In conclusion, we will provide a concise summary that highlights the distinct characteristics of the broker for a clear understanding.

Pros & Cons

Pros Cons
• Diversified instruments and services • Unregulated
• Tiered accounts • Lack of transparency on spreads/commissions/trading platform etc.
• Acceptable minimum deposit

Pros:

  • Diversified Instruments and Services: Nedominers provides access to a variety of market segments including Forex, commodities such as Oil & Gas and Agriculture, Real Estate, Retirement and Insurance services, and Cryptocurrencies, offering multiple investment opportunities.

  • Tiered Accounts: The tiered structure of accounts like Silver, Gold, Forex, Company Shares, and Real Estate allows clients to choose an account type based on their investment capacity and preferences.

  • Acceptable Minimum Deposit: With minimum deposit requirements starting from an accessible $50, it's feasible for people with varying financial capacities to invest.

Cons:

  • Unregulated: The significant concern is that Nedominers operates without supervision from any recognized regulatory body, raising issues about its legality and commitment to ethical standards.

  • Lack of Transparency: There is limited transparency on details such as spreads, commissions, and the trading platform that Nedominers uses, leaving interested investors in the dark about key operational aspects.

Is Nedominers Safe or Scam?

When considering the safety of a brokerage like Nedominers or any other platform, it's important to conduct thorough research and consider various factors. Here are some steps you can take to assess the credibility and safety of a brokerage:

  • Regulatory sight: Given Nedominers's broad operational scope, the lack of supervision from established regulatory authorities raises significant concerns. The absence of regulatory oversight calls into question the broker's legal status and accountability.

No license
  • User feedback: For a deeper insight into the brokerage, traders should explore reviews and feedback from existing clients. These valuable inputs from users, available on trustworthy websites and discussion forums, can provide firsthand information about the broker's operations.

  • Security measures: Nedominers employs highly encrypted algorithms and a stringent privacy policy as core security measures to guard user accounts, maintaining user confidentiality and security.

Ultimately, the decision to trade with Nedominers rests with the individual. It's important to carefully weigh the potential risks and returns before initiating any trading activities.

Market Instruments & Services

Nedominers provides a plethora of financial instruments and services to global clients.

Forex trading, a key service, allows clients to trade various currency pairs. With investments in Oil & Gas, and Agriculture, clients can venture into commodities markets.

Additionally, they tap into the Real Estate industry and provide opportunities for property investments. Retirement and insurance services are also offered to ensure a secure future for their clientele.

Nedominers also trades in Gold, a traditional valuable asset, offering another stable investment option.

Lastly, they are versed in the digital currency space through Cryptocurrency mining and trading services thus integrating technological advancements into their offerings.

Services

Account Types

Nedominers offers a variety of account types suitable for diverse investment preferences of their clients. These include Silver, Gold, Forex, Company Shares, and Real Estate accounts.

The minimum deposit required for each account type varies, starting at USD 50 For a Silver account, escalating to USD 500 for a Gold account, USD1000 for Forex account, USD 2000 for Company Shares account, and USD 6000 for Real Estate accounts.

This tiered account structure creates investment opportunities for individuals with different financial capacities.

Account Types

How to Open an Account?

Step 1: Visit the Nedominers website.

Step 2: Click the “Create New Account” button located on the homepage.

Click the Create New Account“ button

Step 3: You will then be required to fill in certain information such as personal details and password.

fill in required info

Step 4: You will also be required to submit identification documents for verification according to KYC (Know Your Customer) regulations.

Step 5: Once the broker has verified your details, you'll be able to deposit funds and start trading.

Customer Service

Nedominers offers comprehensive customer support via various channels. These include conventional methods such as phone support and email, as well as a physical address for direct communication. Additional options include a 'Contact Us' form on their website, live chat for real-time assistance, and messaging services such as WhatsApp and Telegram.

Address: 64 Thornton StHURSLEYSO21 1NS.

Email: support@nedominers.com.

Phone: +443385985959.

contact details

Conclusion

In conclusion, Nedominers, a UK-based global online broker, provides a multitude of trading options and services including Forex, Oil & Gas, Agriculture, Real Estate, Retirement and Insurance services, Gold, and Cryptocurrency mining & trading. However, its operation without the control of a recognized regulatory body is a significant cause for concern. This void of regulatory oversight puts into question the broker's adherence to regulatory norms and client protection.

Therefore, prospective traders are recommended to proceed with caution, or consider other brokers committed to transparency, regulation-compliance, and utmost professionalism.

Frequently Asked Questions (FAQs)

Q 1: Is Nedominers regulated?
A 1: No. The broker is currently under no valid regulations.
Q 2: Is Nedominers a good broker for beginners?
A 2: No. It is not a good choice for beginners because it‘s unregulated by any recognized bodies.
Q 3: What’s the minimum deposit does Nedominers require?
A 3: Minimum deposit required by this broker is $50.

Risk Warning

Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies.

In addition, the date on which this review was generated may also be an important factor to consider, as information may have changed since then. Therefore, readers are advised to always verify updated information directly with the company before making any decision or taking any action. Responsibility for the use of the information provided in this review rests solely with the reader.

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FX1581272515
more than one year
Recently dealt with Nedominers' customer support team. Had legal concerns and was fortunate to connect with a knowledgeable and helpful individual. They not only accurately addressed all my questions but also took the time to ensure I fully understood the provided information. The assistance was timely, professional, exceeding my expectations. Knowing IC Markets has such dedicated and competent customer support is reassuring. Grateful for the help – highly satisfied with the service!
Recently dealt with Nedominers' customer support team. Had legal concerns and was fortunate to connect with a knowledgeable and helpful individual. They not only accurately addressed all my questions but also took the time to ensure I fully understood the provided information. The assistance was timely, professional, exceeding my expectations. Knowing IC Markets has such dedicated and competent customer support is reassuring. Grateful for the help – highly satisfied with the service!
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2023-12-28 18:28
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