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For more information about NGCB Forex Broker company profile, come to WikiBit!

Rating Index

Pros

Wide range of tradable assets: NGCB offers a diverse selection of assets including forex, indices, commodities, and stocks, allowing for portfolio diversification.
Competitive spreads: The broker provides competitive spreads starting from as low as 0.5 pips for its premium accounts, which can help reduce trading costs.
User-friendly trading platform: NGCB utilizes the Metatrader 5 platform, known for its intuitive interface and advanced trading tools, making it suitable for both beginners and experienced traders.

Cons

No demo account available: The absence of a demo account limits opportunities for beginners to practice trading strategies without risking real capital.
Lack of regulatory oversight: NGCB operates without valid regulatory licenses, which raises concerns regarding security, transparency, and investor protection.
Variable margin requirements: Margin requirements can vary significantly, which may complicate trading for users who are not fully aware of the implications of leverage and margin trading.