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NBH MARKETS Forex broker specializes in providing foreign exchange trading services, the company's official website https://my.nbhm.eu/e..., the company's legitimate regulatory information CyprusCYSECMarket Maker (MM) to enhance the security of the company's address 377, 28th Oktovriou Str., Soboh House, 3rd floor, Neapoli, 3107, Limassol, Cyprus

NBH MARKETS Forex Broker

Basic Information

Registered Region
Cyprus
Operating Period
--
Company Name
NBH Markets EU Ltd
Abbreviation
NBH MARKETS
Company employee
--
Customer Service Email Address
info@nbhm.eu
Contact Number
+35725000110
Company Website
Company address
377, 28th Oktovriou Str., Soboh House, 3rd floor, Neapoli, 3107, Limassol, Cyprus
Keywords
5-10 years
Suspicious Regulatory License
Suspicious Scope of Business
High potential risk

Company profile

Note: NBH Markets' official site - https://nbhm.eu/ is currently not functional. Therefore, we could only gather relevant information from the Internet to present a rough picture of this broker. NBH Markets Review Summary Founded 2018 Registered Country/Region Cyprus Regulation CYSEC Market Instruments CFD trading on forex, cash indices and precious metals Maximum Leverage 1:30 Minimum Spread From 0.6 pips Minimum Deposit $500 Customer Support Phone:+357 25 000 110; Email: backoffice@nbhm.e Official Website Unavailable What is NBH Markets? NBH Markets (NBHM) LLC, a member of the larger National Bullion House Group based in Dubai, is a forex, precious metals, and indices broker with a unique stance in that its operations are backed by physical gold. Having been established in 2018 in Cyprus, it was formerly known as NBH Markets Ltd. The entity operates under the regulation of the Cyprus Securities and Exchange Commission (CYSEC) with registration number 208/13, which adds a significant credibility factor in ensuring adherence to ethical business practices and investor protection standards. With regards to its client offerings, NBH Markets provides three different account types: Standard, Pro, and Elite – each demanding minimum deposits of $500, $25,000, and $50,000 onwards, respectively. The maximum leverage offered is 1:30, while the minimum spread begins from 0.6 pips. However, one key point of concern that arises is the unavailability of the official website, making it challenging for stakeholders to access direct, concrete, and up-to-date information about the firm's offerings. The company provides a line of communication with its clients via phone and email. Pros & Cons Pros Cons Regulated Unavailable Website Wide Range of Trading Instruments High Minimum Deposit Tight Spreads Pros: Regulated: The entity operates under regulatory oversight, which can provide a higher level of trust and security for users. Wide Range of Trading Instruments: NBH Markets supports a variety of trading instruments, including Forex, cash indices, precious metals, and CFDs. This diversity gives traders a multitude of options to diversify their portfolios. Tight Spreads: This can lead to cost-effective trading, making it a potentially attractive feature for frequent traders. Cons: Unavailable Website: The current inaccessibility of NBH Markets' website poses significant usability issues and limits information access for potential and current users. High Minimum Deposit: With a minimum deposit requirement of $500, the platform may be less accessible to traders with smaller investment capitals. Is NBH Markets Safe or Scam? NBH Markets, also known as NBHM, operates under regulatory supervision from the Cyprus Securities and Exchange Commission (CYSEC) with license number 208/13. This regulation adds some measure of protection for investors, ensuring the company's adherence to established financial regulations and ethical standards. However, the company's official website is unavailable at the moment, creating a significant obstacle in accessing reliable and up-to-date information about the firm and its operations. This lack of transparency can complicate prospect investors' ability to perform thorough due diligence. Given this mix of positive (regulation) and negative factors surrounding NBH Markets, potential users should be cautious and consider all risks before deciding to invest with this company. Market Instruments Forex: This is the most extensive offering by NBH MARKETS, with traders being able to trade in 44 major and minor currency pairs. Forex trading involves buying and selling currencies based on their anticipated currency exchange rate movements. Cash Indices: Traders have access to popular cash indices like DE30cash. Cash indices allow traders to speculate on the performance of a group of shares representing a specific market segment or industry. Precious Metals: Trading in precious metals like gold and silver is also offered. This kind of trading involves buying and selling these commodities based on price movements. CFDs: Contract for Difference (CFD) trading is available on forex, cash indices, and precious metals. A CFD is a financial derivative that allows traders to speculate on the rising or falling prices of these fast-moving global financial markets. Account Types Standard Account: This account type requires a minimum deposit of $500. It is the most basic account option provided by NBH Markets. The relatively higher minimum deposit compared to the industry standard might be a bar for some traders, especially those starting out or with less capital to invest. Pro Account: Aimed at more experienced traders, the Pro account necessitates an initial deposit of $25,000. It presumably offers more features and benefits than the Standard account to justify the substantially higher deposit requirement. Elite Account: This is the highest-tier account offered by NBH Markets. Requiring a hefty minimum deposit of $50,000, the Elite account is designed for large-scale investors or traders who can afford the significant capital outlay. It is likely to come with special privileges and optimum trading conditions to cater to high-profile clientele. Leverage NBH Markets, being registered in Cyprus, adheres to the regulations set by the European Securities and Markets Authority (ESMA) in regard to leverage. For retail clients, the maximum leverage offered by NBH Markets is 1:30. This cap is intended to protect retail traders from excessive risk. However, professional traders have the provision to apply for higher leverage levels. This takes into account their greater familiarity with the workings of the market and their capacity to accommodate higher risk. The exact levels of such higher leverage are presumably subject to certain conditions and mainly depend on the nature of the instrument being traded. Spreads & Commissions Standard Account: For traders with a Standard account, spreads start from a minimum of 1.6 pips. NBH Markets does not charge any commission for trades made through this account type, appealing to traders who prefer transparent cost structures. Pro Account: For the Pro account, spreads are more competitive, commencing from as low as 0.2 pips. However, Pro account users are charged a commission fee of 2.5 per 100,000 traded. This account is likely designed to cater to more experienced traders who trade larger volumes and favor tight spreads over zero commission. Elite Account: The Elite account, which targets high-volume traders, provides the most competitive spreads starting from 0.0 pips. Commissions for this account type are set at 20 per 1 million traded. Trading Platforms NBH Markets offers two widely recognized and highly versatile forex trading platforms - MetaTrader 4 (MT4) and MetaTrader 5 (MT5). Both platforms come with various advanced features that cater to different trading needs. MetaTrader 4 (MT4): Renowned for its strong analytical capabilities, MT4 boasts a range of indicators and a highly customizable charting system. The interactive charting on MT4 provides 9 different timeframes, from a minute to a monthly view. This platform also offers 30 built-in indicators and an additional 2,000 free custom indicators, facilitating market analysis of different complexities. MT4's 24 analytical objects provide capabilities for trend detection and price forecasting. MetaTrader 5 (MT5): As the successor to MT4, MT5 extends the feature set available to traders under NBH Markets. It comes bundled with 8 additional built-in indicators and 12 extra timeframes compared to MT4, offering a more comprehensive analytical framework. Special features of MT5 include one-click trading and an economic calendar which provides timely macroeconomic news. Both MT4 and MT5 are accessible through desktop download or via the cloud network and mobile app, allowing traders flexibility and the convenience of trading on the go. Regardless of the trader's experience level or specific trading strategy, these platforms seek to provide reliable, comprehensive, and advanced trading tools for NBH Market's client base. Deposit & Withdrawal NBH Markets accepts a variety of payment methods for deposits, including Mastercard, Visa, eWallets, and wire transfers. There are no deposit fees levied for card payments or wire transfers. However, transaction fees are charged for certain eWallet providers such as ADV Cash (0.3%), Fasapay (0.75%), Globe Pay (4%), and Pay Trust (3%). When it comes to withdrawals, same-day processing is available for all methods except wire transfers, which can take between 3 to 5 working days depending on the bank. A minimum withdrawal limit of $5 applies to all withdrawal methods. Moreover, commission fees are charged on withdrawals made through certain eWallet methods: Skrill (1.5%), Neteller (2.5%), Globe Pay (1.5%), and Pay Trust (1.8%). Its worth noting that the diverse payment options and withdrawal methods, coupled with the transparency in fee structure, show NBH Markets' commitment to providing convenient and reliable services to its clients. However, the varying fees and processing times imply that users should carefully consider their options based on cost-effectiveness and urgency. Conclusion NBH Markets, a regulated financial services provider, offers a diverse range of instruments with a unique position in being backed by physical gold, affirming some level of attractiveness for potential investors. However, prospective clients must carefully consider several vital factors. While the firm does provide a range of account types and uses popular MetaTrader platforms, these positives are somewhat offset by the high minimum deposit requirements and recent negative feedback. The unavailability of the company's website further adds to potential risks by hindering transparency and access to first-hand information. Hence, potential investors are cautioned to thoroughly investigate the company and consider all potential risks before making a decision. Frequently Asked Questions (FAQs) Q: Is NBH Markets regulated? A: Yes, NBH Markets operates under the regulation of the Cyprus Securities and Exchange Commission (CYSEC). Q: What is the maximum leverage offered by NBH Markets? A: The maximum leverage offered by NBH Markets is 1:30 for retail clients, while professional traders have the option to apply for higher leverage. Q: What trading platforms does NBH Markets provide? A: NBH Markets provides the MetaTrader 4 (MT4) and MetaTrader 5 (MT5) trading platforms for its clients. Q: What are the deposit and withdrawal methods? A: Deposits and withdrawals can be made via Mastercard, Visa, eWallets, and wire transfers. Fees vary depending on the method used. 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 provided in this review may be subject to change due to the constant updating of the company's services and policies. In addition, the date on which this review was generated may also be an important factor to consider, as information may have changed since then. Therefore, readers are advised to always verify updated information directly with the company before making any decision or taking any action. Responsibility for the use of the information provided in this review rests solely with the reader.

Rating Index

Elite

Minimum Deposit
$50,000

Standard

Minimum Deposit
$500
How to login to NBH MARKETS?
nbh markets Complete Account Guide: Registration, Account Opening, and Login Processes Part One: Account Registration Process How to Register a nbh markets Account Registering an account with nbh markets is a straightforward process designed to get you trading as quickly as possible. Follow these de

  

NBH Markets Forex Broker - Complete Information Guide

  

1. Company Overview

  NBH Markets, established in 2018, is a rising player in the forex trading landscape, primarily focusing on providing retail forex and CFD trading services. The company is headquartered in Kingstown, St. Vincent and the Grenadines, where it operates under the regulations of the St. Vincent and the Grenadines Financial Services Authority (SVG FSA). NBH Markets is a privately held entity and is part of the National Bullion House Group, which emphasizes its unique position in the market by offering gold-backed trading solutions.

  Since its inception, NBH Markets has rapidly gained recognition among traders worldwide, leveraging a sophisticated STP (Straight Through Processing) model that ensures efficient order execution. The broker primarily serves retail clients who are interested in trading forex, indices, precious metals, and CFDs. One of the significant milestones in its development was the introduction of the ability for clients to withdraw their profits in physical gold bullion, catering to a niche market that values precious metals.

  As a broker, NBH Markets aims to provide a robust trading environment, emphasizing security, transparency, and a wide range of trading tools. The company positions itself as a reliable partner for traders looking to engage in global markets with a focus on leveraging advanced technology and competitive trading conditions. This commitment to innovation and quality service has helped solidify its reputation as a noteworthy player in the forex industry.

  

2. Regulatory and Compliance Information

  NBH Markets is regulated by the SVG FSA, which oversees the financial services sector in St. Vincent and the Grenadines. The registration number for NBH Markets under this authority is 241 LLC 2020. Although the SVG FSA provides a regulatory framework, it is important to note that it does not offer the same level of investor protection as more established regulators like the UKs Financial Conduct Authority (FCA) or the Cyprus Securities and Exchange Commission (CySEC).

  The broker adheres to strict KYC (Know Your Customer) and AML (Anti-Money Laundering) policies, ensuring that client identities are verified and that funds are sourced from legitimate origins. Client funds are held in segregated accounts at tier 1 banking institutions, which is a crucial measure for ensuring the safety of investor capital. Furthermore, NBH Markets has secured insurance coverage for client funds up to EUR 5,000,000 through Lloyd's of London, providing an additional layer of security.

  This regulatory environment, coupled with the broker's commitment to transparency and ethical business practices, positions NBH Markets as a trustworthy option for traders looking for a regulated trading experience. However, potential clients should remain vigilant and conduct thorough due diligence before engaging with the broker, especially given the varying levels of protection offered by different regulatory bodies.

  

3. Trading Products and Services

  NBH Markets offers a diverse range of trading products, primarily focusing on forex and CFDs. The broker provides access to 44 forex currency pairs, including major, minor, and exotic pairs. In addition to forex, clients can trade various CFD products that encompass indices, commodities, and precious metals.

  The trading platform features a selection of precious metals such as gold and silver, which are particularly emphasized due to the broker's unique gold-backed trading model. This allows traders to engage in both speculative trading and to invest in physical assets, setting NBH Markets apart from many other brokers in the market.

  While NBH Markets does not currently offer cryptocurrency trading, it continuously evaluates the market and updates its product offerings. The broker is committed to providing its clients with a competitive edge by ensuring that the products available reflect current market trends and demands.

  NBH Markets also caters to institutional clients, offering tailored solutions that meet the specific needs of larger trading entities. The broker's ability to provide white label solutions and asset management services further enhances its appeal to a broader client base.

  

4. Trading Platforms and Technology

  NBH Markets supports two of the most widely recognized trading platforms in the industry: MetaTrader 4 (MT4) and MetaTrader 5 (MT5). Both platforms are renowned for their advanced charting capabilities, extensive analytical tools, and user-friendly interfaces.

  The MT4 platform is particularly favored for its strong analytical capabilities, offering a range of indicators and customizable charting options. Traders can utilize over 30 built-in indicators and access thousands of custom indicators available online. The MT5 platform, as the successor to MT4, includes additional features such as an economic calendar, one-click trading, and more timeframes for enhanced market analysis.

  NBH Markets does not currently offer a web-based trading platform, as it emphasizes the use of downloadable applications for both MT4 and MT5 to ensure optimal performance and access to superior trading conditions. Furthermore, the broker provides mobile applications compatible with both iOS and Android devices, enabling traders to manage their accounts and execute trades on the go.

  The broker employs a STP execution model, ensuring that trades are executed directly in the market with minimal latency. The server infrastructure is designed to support high-speed order execution, with claims of processing trades in as little as 13 milliseconds. Additionally, NBH Markets offers API access for automated trading, catering to clients who prefer to implement algorithmic trading strategies.

  

5. Account Types and Trading Conditions

  NBH Markets offers three main account types: Standard, Gold, and Elite. Each account type comes with different trading conditions tailored to meet the needs of various traders.

  • Standard Account: Requires a minimum deposit of $100, features spreads starting from 1.6 pips, and does not charge any commission on trades.
  • Gold Account: Requires a minimum deposit of $5,000, offers tighter spreads starting from 0.2 pips, and incurs a commission of $2.50 per side for trades.
  • Elite Account: Designed for high-volume traders, this account requires a minimum deposit of $25,000, offers the tightest spreads starting from 0.0 pips, and charges a commission of $1.00 per side per 100,000 units traded.

  All account types allow for leverage of up to 1:500, providing traders with the ability to amplify their trading positions. The minimum trade size across all accounts is 0.01 lots, and overnight swap fees apply, which are calculated based on the international overnight rates.

  Additionally, NBH Markets provides a demo account option, allowing prospective clients to test the trading environment with virtual funds before committing real capital. This feature is particularly beneficial for beginners who wish to familiarize themselves with the trading platform and develop their trading strategies without financial risk.

  

6. Funds Management

  NBH Markets offers a variety of deposit and withdrawal methods to facilitate easy fund management for its clients. Accepted deposit methods include bank wire transfers, credit cards, and several popular e-wallet options such as Skrill, Neteller, and Fasapay.

  The minimum deposit requirement varies by account type, starting at $100 for the Standard account, $5,000 for the Gold account, and $25,000 for the Elite account. Deposits are processed quickly, typically within the same day for most methods, except for bank transfers, which may take longer depending on the bank's processing times.

  Importantly, NBH Markets does not charge deposit fees for credit card or bank wire transfers. However, transaction fees may apply for certain e-wallet providers, such as 0.75% for Fasapay and 4% for Globe Pay.

  Withdrawals can be made through the same methods as deposits, with a minimum withdrawal limit of $5. The processing time for withdrawals typically ranges from 3 to 5 business days for bank transfers, while other methods may offer same-day processing. NBH Markets maintains a transparent fee structure, ensuring that clients are aware of any potential costs associated with their transactions.

  

7. Customer Support and Educational Resources

  NBH Markets places a strong emphasis on customer support, offering multiple channels for clients to seek assistance. Support is available via phone, email, and live chat, ensuring that traders can get the help they need promptly. The customer support team operates from 09:00 to 17:00, Monday to Friday, and is proficient in multiple languages, including English, Arabic, Spanish, Turkish, and Russian.

  In addition to customer support, NBH Markets provides a range of educational resources designed to enhance traders' knowledge and skills. These resources include online video courses, tutorials, and market analysis reports. Clients can access daily market insights, articles, and videos that cover various trading strategies and market trends.

  The broker also offers trading tools such as economic calendars and calculators, which are essential for effective trading decision-making. However, while the educational materials are valuable, some users have noted that the frequency of updates and new content could be improved.

  

8. Regional Coverage and Restrictions

  NBH Markets primarily serves clients from various regions, including Europe, Asia, and the Middle East. The broker has established a presence in multiple countries, catering to a diverse clientele seeking forex and CFD trading opportunities.

  However, it is important to note that NBH Markets does not accept clients from certain jurisdictions, including the United States, Iran, Cuba, North Korea, Sudan, and Syria. This restriction is in line with regulatory requirements and the broker's commitment to compliance with international trading laws.

  Overall, while NBH Markets aims to provide a comprehensive trading experience, potential clients should verify their eligibility based on their country of residence before opening an account.

  In conclusion, NBH Markets broker stands out in the competitive forex trading landscape by offering a unique blend of gold-backed trading options, robust regulatory compliance, and a diverse range of trading products and services. With a commitment to security and customer support, it caters to both retail and institutional clients, making it a noteworthy option for traders looking to engage in the global markets.

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Latest Reviews

芯芯爸爸

芯芯爸爸

Cyprus

This NBH Markets frustrates me so much, a platform full of bull and manipulation. I feel that they are stealing my money. My advice is that don’t waste your money here. Go to find another broker.

37130

2023-02-23

简单明了

简单明了

Malaysia

All Good so Far! I've been with NBH MARKETS for a while now and everything has been good so far. Customer Service is 24/7 but I've only needed to contact them once.

Positive

2022-12-13

Pan77599

Pan77599

Philippines

I traded with NBH Markets a long time ago. Reliable trading platform, stable spreads, that’s enough. No problems with withdrawals. I have to say it is a reliable broker.

Positive

2022-12-08

NBH MARKETS Forex Broker has an overall rating of 1.56, Regulatory Index 0.00, License Index 0.00, Business Index 7.38, Software Index 4.00 Risk Control Index 0.00.
NBH MARKETS