NS Trade FX Review : Fees, Pros and Cons, Reviews by Real Traders

NS Trade FX

Operating status: SCAM

Website: https://nstradefx.com/

Broker violations and abnormal records

Aug 30, 2022 BrokersView has Reviewed that NS Trade FX is an Unregulated Forex Broker
NS Trade FX claims to be a reliable broker with broker license gained in the United States. But please be informed that business license has no regulatory effect. As per United States law, US residents and citizens are only permitted to operate with CTFC and NFA regulated foreign exchange brokerages. Firms and individuals, who need to possess the relevant regulations issued by the National Futures Association (NFA) or the Commodity Futures Trading Commission (CFTC), will be allowed to solicit or approach US citizens. But we did not find any match results to NS Trade FX in NFA or CFTC.
Besides, NS Trade FX shows its company address is in the United Kingdom. As per the United Kingdom law, all firms and individuals offering, promoting, or selling financial services or products in the UK have to be authorized or registered by the UK Financial Conduct Authority (FCA). However, we did not find any match results to NS Trade FX in FCA.
The truth is that NS Trade FX is not overseen by any regulators. Investors' funds in this broker are unsafe and cannot be protected by any law. Therefore, it is a scam.

NS Trade FX claims to be a reliable broker with broker license gained in the United States. But please be informed that business license has no regulatory effect. As per United States law, US residents and citizens are only permitted to operate with CTFC and NFA regulated foreign exchange brokerages. Firms and individuals, who need to possess the relevant regulations issued by the National Futures Association (NFA) or the Commodity Futures Trading Commission (CFTC), will be allowed to solicit or approach US citizens. But we did not find any match results to NS Trade FX in NFA or CFTC.Besides, NS Trade FX shows its company address is in the United Kingdom. As per the United Kingdom law, all firms and individuals offering, promoting, or selling financial services or products in the UK have to be authorized or registered by the UK Financial Conduct Authority (FCA). However, we did not find any match results to NS Trade FX in FCA.The truth is that NS Trade FX is not overseen by any regulators. Investors' funds in this broker are unsafe and cannot be protected by any law. Therefore, it is a scam.
Nov 16, 2022 BrokersView has found that NS Trade FX is not working
BrokersView found the domain "https://nstradefx.com/" is not working, as most probably it was suspended and it is always a bad sign when broker's website is suspended.

BrokersView found the domain "https://nstradefx.com/" is not working, as most probably it was suspended and it is always a bad sign when broker's website is suspended.

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Risk Warning:

FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.

Disclaimer:

The data contained in this website may not be real-time and accurate. The data and prices on this site are not necessarily provided by the market or exchange, but may be provided by market makers, so prices may be inaccurate and differ from actual market prices. Namely, this price is indicative price only to reflect market trend, and is unfavorable for trading purpose. The provider of the data contained in the Website shall not be liable for any loss incurred by you as a result of your trading activities or reliance on the information contained in the Website.