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NFS Forex broker specializes in providing foreign exchange trading services, the company's official website http://nfseurope.com..., the company's legitimate regulatory information CyprusCYSECAppointed Representative(AR) to enhance the security of the company's address City Chambers, 2nd Floor, Vasili Vrionides Street (Corner Riga Fereou), 3095, Limassol, Cyprus

NFS Forex Broker

Basic Information

Registered Region
Cyprus
Operating Period
--
Company Name
NFS Network Financial Services Ltd
Abbreviation
NFS
Company employee
--
Customer Service Email Address
enquiries@nfseurope.com
Contact Number
+35725817747
Company Website
Company address
City Chambers, 2nd Floor, Vasili Vrionides Street (Corner Riga Fereou), 3095, Limassol, Cyprus
Keywords
5-10 years
Regulated in Cyprus
Appointed Representative(AR)
Suspicious Scope of Business
High potential risk

Company profile

NFS Review SummaryFounded2016Registered Country/RegionCyprusRegulationRegulated by CYSECMarket InstrumentsEquities, unit trusts, investment trusts, capital investment bonds, and ETFsDemo Account/Trading PlatformInvestment platformMinimum Deposit/Customer SupportContact formPhone: + 357 25 817 747Email: enquiries@nfseurope.comAddress: City Chambers, Limassol, CyprusRegional RestrictionServices only available to EU clients NFS is a Cyprus-based organization operating from EU and offering investment consultancy services. Its services involve areas in Savings & Investments, Equities, and so on. It currently operates under CYSEC. Here is the home page of this brokers official site:Pros and ConsProsConsRegulated by CYSECServices only available to EU clientsVarious trading productsLimited information related to transactionLimited info on accountsIs NFS Legit? Adhering to the legal supervision of the Cyprus Securities and Exchange Commission (CYSEC), NFS, licensed under NO. 328/17, acts as a testament to the trustworthiness and observance of regulatory guidelines in their trading services. NFS claims that it serves as an intermediary between you and the product provider you've selected, but it does not handle client funds. NFS will only put forward product providers that are regulated within the EU.Regulatory StatusRegulatedRegulated byCyprusLicensed InstitutionNFS Network Financial Services LtdLicensed TypeAppointed Representative(AR)Licensed Number328/17What Can I Trade on NFS? NFS offers equities, unit trusts, investment trusts, capital investment bonds, and ETFs. Besides, it also offers advisory advice including saving & investments, collectives and offshore collectives.Trading InstrumentsSupportedEquities✔Trusts✔Bonds✔ETFs✔Forex❌Commodities❌Indices❌Stocks❌Cryptocurrencies❌Options❌Trading Platform NFS offers investment platform. With your online account, you can access real-time valuations around the clock. You'll also be able to adjust your portfolio by making switches and trades at any time. Having a single gateway to a diverse array of investments and an overall view of your entire portfolio makes it simple for you and your NFS Advisor to assess and keep tabs on your investment situation.

Rating Index

How to login to NFS?
nfs Complete Account Guide: Registration, Account Opening, and Login Processes Navigating the world of brokerage accounts can be daunting for new users. This comprehensive guide will walk you through the essential processes of registering, opening, and logging into your nfs account. With clear steps

  

NFS Forex Broker - Complete Information Guide

  

1. Overview of the Broker

  NFS, officially known as Network Financial Services Ltd, was established in 2015, marking its entry into the financial services industry. The broker is headquartered in Limassol, Cyprus, specifically located at City Chambers, 2nd Floor, Vasili Vrionides Street (corner Riga Fereou), 3095. NFS operates as a private entity, providing a range of trading services primarily to retail and institutional clients across the globe.

  Since its inception, NFS has developed a strong reputation within the forex and CFD trading sectors. The broker has achieved significant milestones, including obtaining regulatory approval from the Cyprus Securities and Exchange Commission (CySEC), which has enhanced its credibility and trustworthiness in the market. NFS primarily focuses on offering forex trading, CFDs, commodities, and indices, catering to a diverse clientele that includes both novice and experienced traders.

  The business model of NFS is centered around retail forex trading, offering clients access to various financial instruments while ensuring compliance with regulatory standards. The brokers commitment to transparency and client service has played a crucial role in its growth and reputation as a reliable trading platform.

  

2. Regulatory and Compliance Information

  NFS is regulated by the Cyprus Securities and Exchange Commission (CySEC), which is one of the prominent regulatory bodies in the European Union. The broker operates under the license number 328/17, ensuring that it adheres to strict regulatory requirements designed to protect investors.

  The regulatory framework under which NFS operates includes robust measures for client fund segregation, ensuring that clients' funds are kept separate from the company's operational funds. This practice is essential for safeguarding client assets and enhancing trust in the broker's operations. As part of its compliance, NFS is also involved in Know Your Customer (KYC) and Anti-Money Laundering (AML) procedures, ensuring that it maintains high standards of integrity and security in its operations.

  NFS does not currently participate in any investor compensation schemes, which may be a consideration for potential clients. However, the regulatory oversight by CySEC provides a layer of security for clients, as the regulator conducts regular audits and checks to ensure compliance with the established financial regulations.

  

3. Trading Products and Services

  NFS offers a diverse range of trading products, making it an attractive option for traders looking to explore various financial markets. The broker provides access to a wide selection of forex currency pairs, including major, minor, and exotic pairs, allowing traders to capitalize on global market movements.

  In addition to forex trading, NFS offers Contracts for Difference (CFDs) on various asset classes, including:

  • Indices: Major global indices such as the S&P 500, FTSE 100, and DAX 30.
  • Commodities: Popular commodities like gold, silver, and oil.
  • Stocks: CFDs on shares from leading global companies.
  • Cryptocurrencies: Limited access to popular cryptocurrencies, depending on market conditions.

  NFS regularly updates its product offerings to meet market demand, ensuring that traders have access to the latest instruments. The broker also provides retail trading services, catering to individual traders, as well as institutional client services, which may include tailored trading solutions for professional clients.

  

4. Trading Platforms and Technology

  NFS does not currently support popular trading platforms like MetaTrader 4 (MT4) or MetaTrader 5 (MT5). Instead, the broker offers its proprietary trading platform designed to provide a user-friendly experience for traders. This platform includes essential features such as real-time market analysis, advanced charting tools, and various order types to enhance trading efficiency.

  The broker also provides a web-based trading platform that allows clients to trade directly from their browsers without the need for software downloads. For traders on the go, NFS has developed mobile applications compatible with both iOS and Android devices, enabling them to manage their accounts and execute trades from anywhere.

  NFS employs an ECN (Electronic Communication Network) execution model, which ensures fast trade execution and minimal latency. The broker's servers are strategically located to optimize trading performance, and they offer API access for automated trading solutions, catering to algorithmic traders.

  

5. Account Types and Trading Conditions

  NFS offers various account types to cater to the diverse needs of its clients. The standard account conditions include a minimum deposit requirement, competitive spreads, and commission structures that are designed to accommodate both novice and experienced traders.

  • Standard Account: This account type typically requires a minimum deposit, offers variable spreads, and may charge commissions based on trading volume.
  • VIP Account: For high-volume traders, NFS provides VIP accounts with enhanced features, lower spreads, and personalized customer service.
  • Islamic Account: NFS also offers Sharia-compliant accounts for traders who require such options.

  The broker allows for a demo account, enabling potential clients to practice trading strategies without financial risk. Leverage ratios are competitive, with different products offering varying levels of leverage. The minimum trade size is set to accommodate both beginners and advanced traders, while overnight fees are clearly outlined in the account conditions.

  

6. Fund Management

  NFS supports multiple deposit and withdrawal methods to facilitate seamless transactions for its clients. The available deposit methods include:

  • Bank Transfer
  • Credit/Debit Cards
  • E-wallets: Such as Skrill and Neteller.

  The minimum deposit requirements vary depending on the account type chosen by the trader. NFS aims to process deposits promptly, typically within one to three business days, depending on the method used.

  When it comes to withdrawals, NFS has established clear policies that outline the available methods and any associated fees. Withdrawal processing times are generally swift, with most requests being processed within a few business days. The broker emphasizes transparency regarding fees, ensuring that clients are informed of any costs associated with their transactions.

  

7. Customer Support and Educational Resources

  NFS places a strong emphasis on customer support, offering multiple channels for clients to reach out for assistance. Support options include:

  • Phone Support: Available during business hours.
  • Email Support: Clients can contact the support team via email for formal inquiries.
  • Live Chat: Instant support for urgent queries.
  • Social Media: Engagement through various platforms for updates and information.

  The broker operates in multiple languages, catering to its diverse client base. NFS also provides educational resources to help traders improve their skills, including webinars, tutorials, and eBooks. Market analysis services, such as daily reports and research insights, are available to assist traders in making informed decisions.

  

8. Regional Coverage and Restrictions

  NFS primarily serves clients within the European Union, reflecting its regulatory compliance with CySEC. The broker has a presence in several key markets, leveraging its Cyprus base to reach clients across Europe.

  However, NFS does not accept clients from certain jurisdictions, including the United States and other regions where regulatory restrictions apply. This limitation is crucial for maintaining compliance with international regulations and ensuring the safety of its operations.

  In conclusion, NFS broker is a well-regulated and reputable trading platform that offers a diverse range of financial products and services. Its commitment to client security, transparency, and support makes it a noteworthy option for traders looking to engage in forex and CFD trading.

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Latest Reviews

FX1581272515

FX1581272515

Pakistan

I've used NFS for years without issues. MT4 and MT5 are solid for trading indices, with competitive spreads. Deposits and withdrawals are convenient, though withdrawals take a few days. Customer service is responsive, and I have no plans to switch brokers.

Positive

2023-12-28

NFS Forex Broker has an overall rating of 1.60, Regulatory Index 3.05, License Index 0.00, Business Index 7.66, Software Index 4.00 Risk Control Index 0.00.