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NSBroker Review 2020

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NSBroker Review 2020

 

Launched in 2011, NSBroker is an FX and CFDs broker regulated by the Malta Financial Services Authority (MFSA). NSBroker is one of the most reliable brokers among thousands of choices, well known for outstanding services in Europe and other regions. This review will go into detail about NSBroker and how its trading conditions can meet your needs.

Unique Features of Trading

The most attractive trait is that NSBroker offers an ECN environment for live accounts. Why do experienced traders love ECN? Because it carries out all trade directly, meaning you will get the best market prices and raw spreads.

Apart from the best prices, ECN also gives a lightning execution. Thus, your orders will meet no delay or requote.

NS Broker Advantages

With the robust ECN environment and the incorporation with significant liquidity providers like Barclay or CitiBank, NSBroker can offer the most competitive spreads of the industry, starting from just 0.3 pip. In return, clients have to pay small commission fees of 0.05% for crypto and $8 per lot for other instruments. There is no additional hidden fee so that you can control your trades.

Spreads & Leverage

As aforementioned, NSBroker offers spreads, starting from as little as 0.3 pips. This broker has such tight spreads on account of cooperation with dependable liquidity providers.

NS Broker Features

Additionally, leverage of up to 1:100 for professional traders is neither too high nor too low. This leverage is reasonable because it doesn’t push the risk too high and doesn’t force traders to place too much money to make an order at the same time. The leverage is different between instruments, and you can get all information on the Asset section of NSBroker’s website.

Trading Platform

You have a chance to work on the most advanced Metatrader5 (MT5) in NSBroker. All three versions for desktop PC, web browser, and mobile devices are supported.

MetaQuotes Software Corp released Metatrader 5 (MT5) to replace the legendary MetaTrader 4. Developed by MetaQuotes Software Corporation, the MetaTrader5 trading platform quickly passed MT4 to become one of the most popular trading platforms globally. The MT5 platform is dynamic and user-friendly, providing traders with an extensive range of features and tools.

Metatrader 5

To actualize the advance and innovation criteria, NSBroker has cooperated with this software company to apply MT5 for all trading services.

MT5 delivers all of NSBroker’s features successfully thanks to its innovative tools including:

  • 21 time-frames (MT4 has only 9);
  • 38 technical indicators and 44 analytical objects (these number of MT4 are 30 and 31, respectively);
  • Six pending orders types (MT4 has only 4);
  • Depth of market (DOM): for full pricing;
  • Netting and hedging allowed;
  • Multi-threaded Trading strategy tester;
  • Expert advisors for automated trading;
  • Community chat for more interaction;
  • Economic calendar to keep track of events easier ;
  • Various filling policies.

You can use all features on both the desktop trading platform and the mobile application like customizing the interface, accessing real-time trading quotes, checking the economic calendar, or viewing the trading history.

Traders can also trade with different time-frames, use different technical indicators and chart tools, and make separate orders.

Deposits and Withdrawals

There are two deposit methods:

  • Credit Card: This is one more way to fund your NSBroker broker trade account. VISA, MasterCard, Maestro, Visa Electron cards are accepted. Instant deposit.
  • Bank Transfer: The safest way to transferring money but always comes with longer processing time. Check with your bank before you use it because they may charge extra fees for the electronic transfer. The deposit time is up to three working days.

Quick payment makes sure you have smooth trading experience with no unnecessary interruptions. And it’s even better to know that NSBroker charges no fee for all of the payments.

Funding to your NSBroker account is instant. For withdrawals, the average processing time is as follow:

  • Bank wire: 2 – 3 business days
  • Credit/debit card: About one business day

Segregation of funds

As regulated by MFSA, the customers’’ funds are segregated into an independent bank with the bank of the broker and only used for customers trading purposes, to avoid risk warnings. NSBroker also keeps your fund away from debts by robotizing Negative Balance Protection.

Bonus and Promotions

NSBroker does not offer any Forex trading bonus or special promotions while making deposits, but they have an investor compensation scheme. NSBroker contributes to the Maltese Investor Compensation Scheme, which plays the role of a limited security net for specific categories of investors in the event of a member, such as NSBroker, becoming bankrupt. The maximum compensation amount of clients can claim €20,000.

Client Protection

Customer Support

NSBroker offers a comprehensive education center that can help a beginner trader become a professional one.

The trading academy of NSBroker has built a complete course with a full range of instruction materials:

  • Glossary;
  • A collection of ebooks;
  • Series of video lessons;
  • Other guidelines.

Moreover, to make it even easier for newbies, one on one coaching with a senior trader is also available.

Is NSBroker a Scam?

The answer is NO. It is not a broker that just appeared a few months ago, claiming to be the best place to invest. They have been in business since 2011, which is a ton of experience and is regulated by no less than five financial authorities, namely MFSA, FCA, AMF, Bafin, CONSOB, and more.

Why trade with NS Broker

Conclusion

Overall, NSBroker is a reliable broker with excellent trading conditions. Its most attractive feature is the low trading cost (perhaps one of the lowest in the industry). If you are in search of a broker that owns:

  • Various trading instruments
  • Free deposits and withdrawals
  • Modern trading platform
  • Firm legalization and client protection
  • Good customer service

Then NSBroker should be the first name on your list. You can give NSBroker a try today!

 

Summary
Review Date
Reviewed Item
NSBroker Forex & CFDs Broker
Author Rating
51star1star1star1star1star
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