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.
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.
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.
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.
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.
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.
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.
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.
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.
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
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
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