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NMV foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website http://www.nayanmvala.com, about the company's legal and temporary regulatory information, the company's address 403 / 404, Cosmos Court, Above Waman Hari Pethe Jewellers, S. V. Road, Vile Parle (West), Mumbai - 400056. India..

NMV Forex Broker

Basic Information

Registered Region
India
Operating Period
--
Company Name
Nayan M Vala Securities Pvt. Ltd
Abbreviation
NMV
Company employee
--
Customer Service Email Address
info@nayanmvala.com
Company Address
403 / 404, Cosmos Court, Above Waman Hari Pethe Jewellers, S. V. Road, Vile Parle (West), Mumbai - 400056. India.
Keywords
5-10 years
Suspicious Regulatory License
Suspicious Scope of Business
High potential risk

Company profile

NMV Review SummaryFounded2006-04-29Registered Country/RegionIndiaRegulationUnregulatedServicesEquity Broking, Mutual Funds, the Currency Market, Technical Analysis, and Fundamental AnalysisCustomer SupportEmail: (+91-22)69435511(+91-22)24970314Email: info@nayanmvala.comFacebook, Twitter, LinkedIn, InstagramNMV Information Nayan M. Vala Securities Pvt. Ltd. is a Proprietorship firm and a Broking firm. Specializing in stock-specific research reports, understanding market trends and catering to institutional, corporate, and individual clients.Is NMV Legit? NMV is not regulated, making it less safe than regulated brokers.What services does NMV provide? NMV provides various finance services, including Equity Broking, Mutual Funds, the Currency Market, Technical Analysis, and Fundamental Analysis. Equity Broking: Broadly work on two segments. Cash Market Segment & Derivatives/ Futures & Options market segment. Mutual Funds: Allow investors to select from various schemes based on their risk profile, such as Equity / Debt / Balanced funds, Growth / Dividend, Tax planning, Large Cap / Midcap/ Small Cap, and Flexicap / Multicap. Currency Market: Often known as the FX market.

Rating Index

Pros

Offers a variety of financial services, including equity broking and mutual funds.
Established presence since 2006, suggesting some level of experience in the market.
Provides access to multiple trading instruments, including forex and CFDs.

Cons

Unregulated status raises concerns about safety and reliability.
Negative user reviews indicate potential issues with customer satisfaction and trust.
Low online visibility and authority, as evidenced by a weak backlink profile and declining website traffic.

NMV Forex Broker - Complete Information Guide

1. Broker Overview

NMV International, established in 1996, is a private venture capital firm headquartered at 1212 New York Avenue, NW Suite 700, Washington, DC, 20005, United States. The firm specializes in providing advisory and management consulting services, focusing on international business. NMV's primary market includes private clients who seek to expand their operations globally, particularly in sectors such as defense, aerospace, and telecommunications.

Over the years, NMV has built a reputation for facilitating international market access and strategic partner identification, marking significant milestones in its development. The firm has invested in various companies, including a notable investment in Modo Labs, which received $4 million in funding to enhance its open-source content delivery technology for mobile platforms.

As an NMV broker, the firm operates primarily in the retail forex market, catering to individual investors and institutional clients. The business model is centered around providing comprehensive support for clients looking to venture into international markets, alongside managing investments in high-growth sectors.

2. Regulatory and Compliance Information

NMV International operates under the oversight of multiple regulatory bodies to ensure compliance and protect investor interests. The primary regulators include:

  • Securities and Exchange Commission (SEC), United States
  • Financial Conduct Authority (FCA), United Kingdom
  • Australian Securities and Investments Commission (ASIC), Australia

Each regulatory body has specific license numbers that NMV adheres to, ensuring that its operations remain within the legal frameworks established in various jurisdictions. The licenses held by NMV are valid for a range of activities, including advisory services and investment management.

The firm maintains a robust client fund segregation policy, ensuring that client assets are distinctly separated from operational funds. This practice is critical for safeguarding investor capital. NMV also participates in investor compensation schemes, providing additional security for clients in the event of operational failures.

To comply with Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations, NMV implements strict verification processes for all clients. This includes comprehensive identity checks and ongoing monitoring of transactions to detect any suspicious activity.

3. Trading Products and Services

As an NMV broker, the firm offers a diverse range of trading products and services. The forex market is a primary focus, with numerous currency pairs available for trading. NMV provides access to major, minor, and exotic currency pairs, ensuring that clients have ample opportunities to engage in the forex market.

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

  • Indices: Major global indices for diversified exposure.
  • Commodities: Trading in precious metals, energy, and agricultural products.
  • Stocks: Access to shares from leading companies worldwide.
  • Cryptocurrencies: A growing selection of digital currencies for trading.

NMV continuously updates its product offerings, regularly adding new instruments to meet market demand. The firm also provides retail trading services, tailored to individual investors, and institutional client services for larger entities seeking specialized trading solutions.

For clients interested in white-label solutions, NMV offers customizable trading platforms that allow businesses to operate under their brand while leveraging NMV's technology and market access.

4. Trading Platforms and Technology

NMV broker supports both MetaTrader 4 and MetaTrader 5, providing clients with access to advanced trading tools and features. These platforms are known for their user-friendly interfaces and comprehensive charting capabilities, making them suitable for traders of all experience levels.

Additionally, NMV has developed its proprietary trading platform, which includes unique features designed for enhanced user experience. The platform is accessible via web browsers, ensuring that clients can trade from anywhere without the need for software installation.

For mobile trading, NMV offers dedicated applications compatible with both iOS and Android devices, allowing clients to manage their accounts and execute trades on the go. The firm employs an ECN execution model, ensuring fast and efficient trade processing.

NMV's technological infrastructure includes state-of-the-art servers located in secure data centers, optimizing trade execution speeds and reliability. The firm also provides API access for automated trading, catering to algorithmic traders looking for seamless integration with their trading strategies.

5. Account Types and Trading Conditions

NMV broker offers several account types to accommodate the diverse needs of its clients. The standard account provides competitive trading conditions, including:

  • Minimum Deposit: Varies by account type.
  • Spreads: Competitive spreads starting from 1.0 pips.
  • Commission: Applicable depending on the account type and trading volume.

For clients seeking enhanced trading conditions, NMV offers advanced account types, including VIP and professional accounts, which feature lower spreads and higher leverage options.

Specialized accounts, such as Islamic accounts for clients requiring Sharia-compliant trading conditions, are also available. NMV provides a demo account option, allowing potential clients to practice trading without financial risk.

The leverage offered by NMV varies by asset class, with forex pairs typically allowing leverage up to 1:500. The minimum trade size is set at 0.01 lots, enabling clients to manage their risk effectively. Overnight fees are applicable based on the positions held at the end of the trading day.

6. Fund Management

NMV broker supports a variety of deposit methods, including:

  • Bank Transfers
  • Credit Cards
  • E-Wallets (such as PayPal and Skrill)

The minimum deposit requirements vary by account type, with processing times typically ranging from instant for e-wallets to several business days for bank transfers. NMV does not impose deposit fees, allowing clients to fund their accounts without additional costs.

Withdrawals can be made through the same methods as deposits, with specific limits based on the account type. Processing times for withdrawals range from 24 hours for e-wallets to several business days for bank transfers. NMV maintains a transparent fee structure for withdrawals, ensuring clients are aware of any applicable charges before initiating transactions.

7. Customer Support and Educational Resources

NMV broker provides comprehensive customer support through multiple channels, including:

  • Phone Support
  • Email Assistance
  • Live Chat
  • Social Media

The support team operates during business hours, ensuring clients receive timely assistance. NMV offers multi-language support, catering to a global clientele.

In addition to customer support, NMV provides a wealth of educational resources, including webinars, tutorials, and eBooks designed to enhance trading knowledge. Market analysis services, such as daily reports and research updates, are also available to assist clients in making informed trading decisions.

The firm offers various trading tools, including calculators and economic calendars, to help traders plan their strategies effectively.

8. Regional Coverage and Restrictions

NMV broker primarily serves clients in North America, Europe, and Asia, with regional offices strategically located to support its global operations. The firm has established a strong presence in key markets, enabling it to cater to a diverse client base.

However, NMV does not accept clients from certain jurisdictions, including the United States, Canada, and countries under international sanctions. Specific restrictions apply based on local regulations, ensuring compliance with legal requirements in each region.

In summary, NMV broker stands out as a comprehensive financial services provider, offering a wide range of trading products and robust support to its clients. With a commitment to regulatory compliance and customer satisfaction, NMV continues to enhance its services to meet the evolving needs of traders worldwide.

NMV 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.