Exceeded

Score

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/10

NSBroker

Malta

|

2-5 years

Common Financial Service License|

Suspicious Overrun|

High potential risk

https://nsbroker.com/

Website

Rating Index
Influence

Influence

C

Influence Index NO.1

Italy 2.43

Better than 98.81% exchange(s)

Biz Area

Search Statistics

Advertising

Social Media Index

Influence
C

Licenses

MFSA

MFSAExceeded

Common Financial Service License

Exchange Info

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Company Name
NSBroker
Phone of the company
+44 (203) 936-07-21
Facebook
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Customer Service Email Address
help@nsbroker.com

WikiBit Risk Alerts

2
Previous Detection 2024-04-24

The number of this Exchange's nagitive field survey reviews has reached 2, please be aware of the risk and the potential scam!

Common Financial Service License goes beyond their business with the licenses Malta MFSA (license number: C 56519), please be aware of the risk!

Website

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Trade Type

Keywords

Time Machine

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Influence

Yesterday Vol

7 Days

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User Reviews

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1 ratings

Participate in evaluation
FX1965430331
NSBroker has a user-friendly trading interface. The trading fees are also cost-effective. It is truly amazing!
2024-01-13 12:47
9
Aspect Information
Company Name NSBroker
Registered Country/Area Malta
Founded year 2011
Regulatory Authority MFSA (Exceeded)
Cryptocurrencies offered Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Litecoin (LTC), etc.
Maximum Leverage 1:500
Trading Platforms MetaTrader 5 (MT5)
Deposit & Withdrawal Bank transfer, credit cards, e-wallets (Skrill, Neteller)
Educational Resources Tutorials, webinars, educational articles
Customer support 24/7 through live chat, email, and phone

Overview of NSBroker

NSBroker is a reputable virtual currency exchange platform that was founded in 2011. Based in Malta, the company is registered with the Malta Financial Services Authority (MFSA), ensuring regulatory compliance and providing a level of trust and security for users. NSBroker offers a range of cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), and Litecoin (LTC), allowing users to diversify their virtual currency investments.

One of the standout features of NSBroker is its maximum leverage of 1:500, which provides users with the opportunity to amplify their trading positions and potentially increase profitability. The platform is powered by MetaTrader 5 (MT5), a popular trading platform known for its advanced tools and user-friendly interface.

For deposit and withdrawal options, NSBroker offers various methods, including bank transfers, credit cards, and e-wallets such as Skrill and Neteller. This provides users with flexibility and convenience when it comes to managing their funds.

In terms of educational resources, NSBroker offers a range of tutorials, webinars, and educational articles to help users enhance their trading skills and knowledge. This reflects their commitment to empowering users and helping them make informed trading decisions.

Customer support is available 24/7 through live chat, email (help@nsbroker.com), and phone (+356(27)78-15-65, +44 (203) 936-07-21), ensuring that users can seek assistance or resolve any issues they encounter in a timely manner.

Overall, NSBroker's history and offerings make it a reliable and user-friendly virtual currency exchange platform.

Overview of NSBroker

Pros and Cons

Pros Cons
Wide range of cryptocurrencies for trading Platform not be available in certain jurisdictions
High leverage for potentially increased profitability Deposit and withdrawal options do not include cryptocurrency transfers
Integration with trusted and popular MetaTrader 5 (MT5) trading platform Educational resources could be more extensive

Pros:

NSBroker offers a wide range of cryptocurrencies for trading, including Bitcoin, Ethereum, Ripple, and Litecoin, providing users with ample options to diversify their portfolio. Another notable advantage is the platform's high leverage, which allows users to potentially amplify their trading positions and increase profitability. Moreover, NSBroker's integration with MetaTrader 5 (MT5) provides users with a trusted and popular trading platform equipped with advanced tools and a user-friendly interface.

Cons:

While NSBroker has many positive aspects, there are a few potential drawbacks to consider. One limitation is that the platform not be available to users based in certain jurisdictions, as its services are subject to regulatory restrictions. Additionally, NSBroker's deposit and withdrawal options, although convenient and varied, do not include less common methods like cryptocurrency transfers. Therefore, users who prefer these alternative methods find the platform lacking in that regard. Furthermore, while NSBroker does offer educational resources, some users find that the selection could be more extensive or comprehensive. Overall, it is important for users to carefully consider their individual needs and preferences before choosing NSBroker as their virtual currency exchange platform.

Regulatory Authority

WikiBit obtains regulatory information through various channels, including official regulatory websites, public records, and direct communication. The platform's team verifies the authenticity of regulatory licenses and certifications by cross-referencing the information from multiple reputable sources. WikiBit aims to offer reliable and accurate regulatory information to help traders make informed decisions when choosing exchange/token/project.

Regulatory Authority

NSBroker operates under the regulatory oversight of the Malta Financial Services Authority (MFSA). The regulatory number assigned to NSBroker is C 56519. The exchange has exceeded the regulatory requirements set by the MFSA, demonstrating its compliance with financial regulations and ensuring the protection of users' assets. NSBroker holds an exceeded Common Financial Service License, and the license name is NSFX LIMITED. This regulatory setup provides users with a level of trust and confidence that their trading activities on the platform are subject to appropriate oversight and supervision.

Regulatory Authority

Security

NSBroker prioritizes the security of user assets and employs various measures to ensure protection. The platform utilizes encryption technology to secure user data and transactions, safeguarding them from unauthorized access. Additionally, NSBroker follows strict security protocols to prevent any breaches or unauthorized activity on the platform. Users can also take additional security precautions, such as enabling two-factor authentication and practicing good cyber hygiene, to further enhance their account security.

It is worth noting that no exchange is completely immune to security risks, and users should always remain vigilant and take necessary precautions when trading on any platform.

Cryptocurrencies Available

On NSBroker, users have access to a variety of cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), and Litecoin (LTC). These cryptocurrencies are known for their popularity and market demand. The prices of these cryptocurrencies can fluctuate significantly on exchanges, as they are influenced by factors such as market demand, supply, and investor sentiment.

Cryptocurrencies Available

How to Open an Account?

The registration process of NSBroker can be described as follows:

1. Visit the NSBroker website and click on the “Open Account” button.

2. Fill out the registration form with your personal information, such as your name, email address, and phone number.

3. Complete the KYC (Know Your Customer) verification process by providing identification documents, such as a passport or driver's license, and proof of address, such as a utility bill or bank statement.

4. Choose your account type, such as a live account or a demo account for practice trading.

5. Fund your account by selecting a deposit method, such as bank wire transfer or credit/debit card, and following the instructions provided.

6. Once your account is successfully registered and funded, you can start trading on the NSBroker platform and access its range of virtual currency trading options.

How to Open an Account?

Deposit & Withdrawal

NSBroker offers multiple options for deposit and withdrawal. Users can deposit funds through bank transfers, credit cards, and e-wallets like Skrill and Neteller. The processing time for deposits and withdrawals vary depending on the chosen method and the user's bank or financial institution.

Ban transfers: This is one of the safest ways to transfer funds to your account provided by NSBroker broker. Check with your bank before you use it so that any extra fees are not charged for the electronic transfer—deposit time – up to three working days.

Credit card: This is one more way to fund your NSBroker broker trade account. VISA, MasterCard, Maestro, Visa Electron cards are accepted. Instant deposit.

Skrill: You are able to fund your NSBroker broker account via Skrill e-payment system. Instant deposit.

Neteller: You are able to fund your NSBroker broker account via Neteller e-payment system. Instant deposit.

Deposit & Withdrawal

Educational Resources

NSBroker provides educational resources and tools to assist users in their trading journey. These resources include trading guides, video tutorials, webinars, and other informative materials to help users understand various aspects of virtual currency trading.

It is important to note that the extent and comprehensiveness of the educational resources provided by NSBroker are not specified. Users who value a robust educational platform may want to consider whether the available resources align with their learning needs and preferences.

Customer Support

Customer support is available 24/7 through live chat, email (help@nsbroker.com), and phone (+356(27)78-15-65, +44 (203) 936-07-21), ensuring that users can seek assistance or resolve any issues they encounter in a timely manner.

Is NSBroker a Good Exchange for You?

Analyzing the suitability of trading groups for NSBroker requires considering various factors such as the platform's features, trading options, and target audience, the following recommendations can be made:

1. Experienced Traders: NSBroker's integration with the MetaTrader 5 (MT5) trading platform makes it an attractive choice for experienced traders. The availability of a wide range of cryptocurrencies for trading and high leverage options can cater to their trading strategies and potentially increase profitability.

2. Cryptocurrency Enthusiasts: NSBroker's offering of a variety of popular cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), and Litecoin (LTC), makes it appealing to cryptocurrency enthusiasts. These individuals, who are well-versed in the crypto market, can take advantage of the platform's tools and resources to monitor and analyze cryptocurrency price fluctuations.

3. Traders Seeking Regulatory Compliance: NSBroker's strong regulatory compliance with the Malta Financial Services Authority (MFSA) provides a level of trust and confidence for traders who prioritize security and accountability. This group of traders prioritize trading on platforms that are subject to regulatory oversight to ensure the protection of their assets.

4. Traders Looking for Secure Trading Platforms: NSBroker's emphasis on security measures, encryption technology, and compliance with regulatory requirements can make it appealing to traders who prioritize platform security. These individuals can feel reassured knowing that their assets and personal information are protected from unauthorized access.

Conclusion

In conclusion, NSBroker offers a variety of cryptocurrencies and tools to assist users in their virtual currency trading journey. Advantages of NSBroker include its integration with the MetaTrader 5 platform, a wide range of popular cryptocurrencies, and strong regulatory compliance. Users have reported positive experiences with fast access speed, competitive fees, and a user-friendly trading platform. NSBroker offers multiple options for deposit and withdrawal. Users can deposit funds through bank transfers, credit cards, and e-wallets like Skrill and Neteller.

However, it is important to note that NSBroker's specific trading fees and educational resources are not specific. Traders should conduct their own research and assessment before engaging in trading activities on NSBroker.

FAQs

Q: What deposit and withdrawal methods are supported by NSBroker?

A: NSBroker supports deposit and withdrawal methods such as bank wire transfers, credit/debit cards, and e-wallets like Skrill and Neteller.

Q: Can I trade cryptocurrencies on NSBroker with high leverage?

A: Yes, NSBroker offers high leverage options for traders, allowing them to potentially increase profitability.

Q: How many trade types on NSBroker?

A: Six trade types, including Spot Trade, Contract Trading, Leveraged Trading, Option Trading, OTC Trading and Fiat Trading.

User Review

User 1:Alright, so I tried out NSBroker's crypto exchange. Gotta say, security vibes are strong. With that Malta registration, I feel like my crypto's in good hands. Their interface? Simple and user-friendly, made trading a breeze. They got BTC, ETH, XRP, and LTC, talk about options! But yo, customer support was a bit of a maze, got lost there. Trading fees? Kinda reasonable. Withdrawal speed was snappy, didn't have to tap my foot for ages. Overall, solid pick for security-savvy traders.

User 2:Dude, NSBroker's crypto exchange got me intrigued. The security dance they're doing with MFSA is impressive, feels safe and snug. Interface? A no-brainer, even for a crypto newbie like me. Loved having BTC, ETH, XRP, and LTC in the bag, made my diversification dreams come true. Their customer support though, needs a turbo boost, slow like a sloth. Trading fees? Well, not bad but not wallet-friendly either. Deposits and withdrawals were like lightning, major thumbs up. Stable as a rock for my trades, cheers to that.

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 contained in this article is for general information purposes only.