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

Rating Index
1.42
Regulation
0.00
License
0.00
Software Index
4.00
Risk Control
0.00
Business
6.32

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.