NBI Basic Information Company Name NBI Founded 2012 Headquarters Cyprus Regulations Regulated by the Cyprus Securities and Exchange Commission (CySEC) Products and Services Internet trading, marginal transactions, broker repo, custody services Fees Charges vary across scenarios; typically range from 0.65% to 1.40% of the investment Client Types Retail Clients, Professional Clients, Eligible Counterparties Customer Support Tel: +357 25 74-73-77, Fax: +357 25 36-75-05 Overview of NBI NBI is a regulated financial services company based in Cyprus, established in 2012. It offers a variety of services including internet trading, marginal transactions, broker repo, and custody services. NBI caters to a diverse clientele, including Retail Clients, Professional Clients, and Eligible Counterparties. The company is overseen by the Cyprus Securities and Exchange Commission (CySEC), ensuring compliance and security for its clients. With a fee structure ranging from 0.65% to 1.40% of investments, NBI provides robust customer support through its dedicated telephone lines and fax, operating from its headquarters in Limassol, Cyprus. Is NBI Legit？ NBI is regulated by the Cyprus Securities and Exchange Commission (CySEC). Its current status is regulated, and it operates under the license type of Straight Through Processing (STP). CySEC, as the regulatory authority in Cyprus, oversees and regulates financial activities within its jurisdiction, ensuring compliance with relevant laws and regulations to maintain market integrity and investor protection. The license number assigned to NBI is 162/12, indicating its authorization to operate within the financial markets under CySEC's supervision. Pros and Cons NBI is a financial services company regulated by the Cyprus Securities and Exchange Commission (CySEC), ensuring high standards of compliance and security. It offers a wide array of services, from internet trading to custody services, meeting diverse client needs, supported by dedicated customer support. However, its operations are mainly concentrated in Cyprus, which may limit its reach. Additionally, NBI's fee structure is complex, potentially deterring some clients, and there is a notable lack of transparency concerning additional costs, which could affect client trust and satisfaction. Pros Cons Regulated by CySEC Limited Geographical Focus Diverse Financial Services Complex Fee Structure Dedicated Customer Support Lack of Transparency in Additional Costs Products and Services NBI offers internet trading, marginal transactions, broker repo, and custody services. Fees NBI's fee structure across different investment scenarios includes: Investment Scenario 1: Charges a total of €650 (0.65% of investment) covering brokerage, third party settlement, custody, and safekeeping fees. The net expected return after costs is 4.35%. Investment Scenario 2: Incurs a total cost of €1,400 (1.40% of investment) for management and third party service fees, plus a success fee. The net expected return after costs is 3.6%. Investment Scenario 3: Has a total expense of €1,250 (1.25% of investment), which includes fees for investment advice, brokerage, settlement services, and safekeeping. The net expected return after costs is 3.75%. Client Types NBI classifies its clients into Retail Clients, Professional Clients, and Eligible Counterparties. Customer Support NBI's customer support can be contacted via telephone at +357 25 74-73-77, by fax at +357 25 36-75-05, or visited at their office located at 256 Arch. Makariou III, Eftapaton Court 2, 4th Floor, Unit A, 3105 Limassol, Cyprus. Conclusion NBI, a financial institution based in Cyprus and regulated by the Cyprus Securities and Exchange Commission, offers a broad spectrum of services including internet trading and custody services, aimed at a varied clientele. While the firm benefits from stringent regulatory oversight and robust customer support, it faces challenges such as a limited geographic focus that may restrict its market presence outside Cyprus. Moreover, its complex fee structure and the lack of transparency regarding additional costs could hinder potential clients from fully engaging with its offerings. Despite these challenges, NBI remains a reputable provider in the financial services sector, committed to compliance and customer satisfaction. FAQs Q: What regulatory body oversees NBI's operations？ A: NBI is regulated by the Cyprus Securities and Exchange Commission, ensuring adherence to legal and ethical standards in finance. Q: Can you describe the variety of services NBI provides？ A: NBI offers several financial services including online trading, margin trading, repurchase agreements, and asset custody. Q: What types of clients does NBI serve？ A: NBI caters to Retail Clients, Professional Clients, and Eligible Counterparties, offering tailored services to each group. Q: How can clients contact NBI for support？ A: Clients can reach NBI's customer support via telephone at +357 25 74-73-77 or fax at +357 25 36-75-05 for any inquiries or assistance. Q: How does NBI structure its fees for financial services？ A: NBI's fees vary depending on the specific financial service provided, typically ranging from 0.65% to 1.40% of the investment amount. The fee structure can be complex, encompassing various charges such as brokerage, management, and custody fees. 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.