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Regarding the legitimacy of Node Capital Group forex brokers, it provides NFA and WikiBit, .

Is Node Capital Group safe?

Rating Index

WikiFX Detection

Business

Influence E

License

NFA Unverified

Is Node Capital Group markets regulated?

The regulatory license is the strongest proof.

Common fin.

NFA Common Financial Service License

National Futures Association

National Futures Association

Regulatory Agencies Introduction
  • Current Status:

    Unverified
  • License Type:

    Common Financial Service License
  • Licensed Entity:

    NODE CAPITAL GROUP LIMITED NODE CAPITAL GROUP LIMITED
  • Effective Date:

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  • Email Address of Licensed Institution:

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  • 53748:

    No Sharing
  • Website of Licensed Institution:

    --
  • Expiration Time:

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  • Address of Licensed Institution:

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  • Phone Number of Licensed Institution:

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  • Licensed Institution Certified Documents:

11 name

  

Is Node Capital Group Safe or Scam?

  

Introduction

  Node Capital Group is a financial services provider that has emerged in the forex market, offering a range of trading products and services. As the trading landscape becomes increasingly competitive, traders must exercise caution and conduct thorough evaluations of forex brokers to safeguard their investments. With numerous reports of scams and fraudulent activities in the industry, it is crucial to assess the legitimacy and reliability of any trading platform before committing funds. This article will explore the safety and legitimacy of Node Capital Group, utilizing various sources and structured evaluations to provide a comprehensive overview.

  

Regulation and Legitimacy

  The regulatory status of a forex broker is a critical factor in determining its safety and credibility. Node Capital Group is registered in the United Kingdom but operates without any significant regulation from reputable financial authorities. The absence of regulatory oversight raises concerns about the broker's legitimacy and the potential risks associated with trading through their platform.

Regulatory Authority License Number Regulatory Region Verification Status
NFA N/A United States Suspicious Clone

  Node Capital Group claims to hold a “common financial service license” in the United States, with a license number of 0543789. However, this license does not provide any sharing permissions, and there is no verifiable website, email address, physical address, or contact number associated with the licensed institution. The lack of regulation from prestigious bodies like the National Futures Association (NFA) or the Financial Conduct Authority (FCA) indicates that traders may not have sufficient protection or recourse in the event of disputes or issues. Therefore, the question remains: Is Node Capital Group safe? The absence of strong regulatory oversight suggests that traders should be cautious.

  

Company Background Investigation

  Node Capital Group's history and ownership structure are essential to understanding its credibility. Established within the last 2 to 5 years, the company has positioned itself in the competitive forex market. However, the details surrounding its ownership and management team are somewhat opaque, with limited information available to the public. The lack of transparency can be a red flag for potential investors, as it raises questions about the company's operational integrity.

  The management teams background and professional experience are critical indicators of a company's reliability. Unfortunately, Node Capital Group does not provide sufficient details regarding its leadership, which can lead to skepticism about their expertise in the financial markets. Moreover, the company's information disclosure level appears to be lacking, which is not conducive to building trust with potential clients. This raises the question: Is Node Capital Group safe? The limited transparency and information availability may deter cautious traders from engaging with the broker.

  

Trading Conditions Analysis

  Understanding the trading conditions offered by a broker is vital for evaluating its overall cost structure. Node Capital Group provides access to various trading instruments, including forex, stocks, indices, commodities, and cryptocurrencies. However, the fee structure warrants careful examination, as any unusual or problematic policies could signal potential issues.

Fee Type Node Capital Group Industry Average
Spread for Major Currency Pairs Variable starting at 1.8 pips 1.0 - 1.5 pips
Commission Model $0 per lot (Standard Account) $5 - $10 per lot
Overnight Interest Range Varies Varies

  The spreads offered by Node Capital Group are relatively high compared to industry averages, which could significantly impact trading profitability. Additionally, while the absence of commission fees on the standard account may seem appealing, it is essential to consider the overall trading costs, including potential hidden fees. This raises concerns regarding the transparency of their fee structure. Therefore, it is crucial for traders to ask themselves: Is Node Capital Group safe? The high trading costs may indicate that traders could face challenges in achieving profitable trades.

  

Client Fund Security

  The safety of client funds is a paramount concern for any trader. Node Capital Group's measures for securing client funds, including fund segregation, investor protection, and negative balance protection policies, are critical to assess. Unfortunately, there is limited information available regarding the broker's fund security protocols.

  A reputable broker typically segregates client funds from its operational capital, ensuring that clients' money is protected even in the event of the broker's insolvency. Additionally, investor protection schemes can provide a safety net for traders, allowing them to recover funds in case of broker misconduct. However, the absence of clear information on these policies raises questions about the safety of funds deposited with Node Capital Group. Given these concerns, traders must consider whether Node Capital Group is safe to trade with, especially when it comes to the security of their investments.

  

Customer Experience and Complaints

  Analyzing customer feedback and real user experiences is crucial when evaluating a broker's reliability. Node Capital Group has garnered mixed reviews from clients, with numerous complaints regarding withdrawal issues, high fees, and unresponsive customer service.

Complaint Type Severity Level Company Response
Withdrawal Issues High Poor
High Fees Medium Moderate
Customer Service Issues High Poor

  Many users have reported difficulties in withdrawing their funds, often citing unreasonable fees or being asked to pay additional charges before withdrawals are processed. These complaints indicate that the broker may not prioritize customer satisfaction, raising concerns about its operational integrity. This leads to the question: Is Node Capital Group safe? The prevalence of complaints and the company's inadequate response to these issues suggest that traders should exercise caution.

  

Platform and Execution

  The performance and stability of the trading platform are critical for a seamless trading experience. Node Capital Group offers the widely recognized MetaTrader 4 (MT4) platform, which is known for its user-friendly interface and advanced charting capabilities. However, the effectiveness of order execution, slippage rates, and refusal rates are essential factors to consider.

  Traders have reported varying experiences with order execution quality, with some noting instances of slippage during volatile market conditions. The presence of potential platform manipulation or technical issues could significantly impact trading outcomes. Therefore, traders must evaluate whether Node Capital Group is safe to use, given the reported inconsistencies in platform performance.

  

Risk Assessment

  Engaging with any forex broker carries inherent risks, and assessing these risks is crucial for informed decision-making. Node Capital Group presents several risk factors that traders should be aware of.

Risk Category Risk Level (Low/Medium/High) Brief Explanation
Regulatory Risk High Lack of oversight from reputable authorities.
Financial Risk Medium High trading costs and potential withdrawal issues.
Operational Risk High Reports of platform manipulation and poor customer support.

  Given these identified risks, traders should consider implementing risk mitigation strategies, such as limiting the amount of capital invested and conducting thorough research before engaging with the broker. The overarching question remains: Is Node Capital Group safe? The high-risk levels associated with this broker suggest that traders should proceed with caution.

  

Conclusion and Recommendations

  In conclusion, while Node Capital Group offers a range of trading products and services, significant concerns regarding its regulatory status, transparency, trading conditions, and customer experience raise red flags about its legitimacy. The absence of oversight from reputable financial authorities and numerous customer complaints indicate that traders may face challenges when engaging with this broker.

  For those considering trading with Node Capital Group, it is essential to weigh the potential risks and challenges against the benefits. Cautious traders may want to explore alternative brokers with strong regulatory backing and positive customer feedback. Recommended alternatives include brokers that are regulated by top-tier authorities, providing a safer trading environment and better protection for client funds. Ultimately, the question of whether Node Capital Group is safe remains unanswered, and traders are advised to conduct thorough research and consider their risk tolerance before proceeding.

Is Node Capital Group a scam, or is it legit?

The latest exposure and evaluation content of Node Capital Group brokers.

I was threatened by a manager who contact me on August 22nd regarding what I had said about withdrawals.
I can't sleep because I'm too scared at night.
I was told that I could withdraw 1.5 million yen even though I sent the minimum fee of 150,000 yen, but I can't withdraw.
On May 24th, I sent a fee of 150,000 yen. I have confirmed that I can withdraw money many times, but I am in trouble because I was told that I cannot send money.
Return of deposited investment money
First, it is 100,000 yen, then 1 million yen will be transferred to your personal name account with 5 times in total
I was told that if I don't pay 20% tax within 3 days including deposit, I will not able to withdraw and my account will be frozen.
A woman I met on Instagram told me that if I did what I said on Forex, I would definitely make a profit, and I was introduced to the area manager of a designated contractor and opened an account. For some reason, the deposit destination is not the account of the trader but the account of a domestic individual. I was able to log in to my MT5 account with the contents of a normal account opening guide email, and the remittance was reflected normally. In fact, she made too much profit from the amount she normally sent at the time, currency pair, direction, and timing of payment. However, MT5 had a completely different chart movement only during that time from MT4 of the other two companies. As I was told, I added a small amount of money. Profit swelled as it was. The Ukrainian conflict is a great opportunity, but if you don't have $ 10,000, you won't be able to participate in the market and it's dangerous, so if you want to participate, you've been prompted to increase your capital He said he would lend me because I didn't have one, and he lent me 1.05 million yen. However, it was suddenly reflected in MT5, not via my own bank. Final $ 52288.66 I was told to withdraw the full amount once in preparation for the next time, and when I asked the introduced area manager, I was told that I could not withdraw unless I paid 20% tax first, and I would not pay further And the account will be frozen. Isn't it strange that the deposit is taxed? In the first place, the tax is paid to the tax office after filing a tax return, and when you ask where you intend to pay the tax, when do you pay the tax?
I cannot withdraw
2022.05.30 Monday Withdrawal amount: 5 million yen in Japanese yen Thank you. 18:37 Linda NODE charge Please wait a moment. Calculating the procedure fee 18:39 Linda NODE charge According to the withdrawal amount calculation, you need to pay 20.315% of the procedure fee, and you need to pay about 1015750 yen. After payment is complete, submit your withdrawal application. Withdrawal will be completed within 24 hours 18:42 Linda NODE Charge When will you pay the procedure fee? 18:46 UK Is that amount a fee? 18:46 Linda NODE charge 1015750 yen 18:46 Linda NODE charge Yes, this is the amount you should pay 18:47 UK When you deposit that amount, 5 million yen will be transferred to you? 18:47 Linda NODE Responsible Yes, after paying the procedure completion fee, submit the withdrawal application. If the submission is successful, the withdrawal of 5 million yen will be completed within 24 hours. 21:25 It seems that it will take time to correct the English transfer limit, so I would like to ask you again tomorrow. Thank you m (_ _) m 21:26 Linda NODE charge Now, I will cancel this remittance application and contact you when you remit tomorrow By the way, please tell me the specific remittance time tomorrow New deposit account 21:34 I'm sorry I couldn't deposit the English margin. I said tomorrow, but I would like to contact you again when withdrawing. 21:35 Linda Mieko Sakamura NODE Yes 2022.06.01 Wednesday 19:09 Linda NODE If the transfer is completed by the end of the day, your credit loss record will be cleared. Can you tell me where and how much to send? 22:46 It's confirmed in English, but if you send money, you can get a transfer of 5 million yen, right? 22:52 Linda NODE charge Apply for you now, and after the remittance is completed, confirm the success and process the withdrawal 22:52 How long will the British 5 million yen be deposited? 22:53 Linda NODE charge Confirmation of the remittance amount was successful. The withdrawal procedure will be completed within 24 hours 22:54 Please tell me the remittance amount just in case. 22:54 Linda NODE charge 1015750 yen 22:55 English If you transfer that amount, 5 million yen will be credited to my bank account within 24 hours, right? 22:55 Linda NODE charge Yes 23:32 Linda NODE charge Hello, I was able to confirm the remittance amount 2022.06.02 Thursday 12:36 How many hours will it take to deposit? 15:59 Linda NODE charge Inquiring 17:05 Linda NODE Respected NODE: UK According to the verification of the wind copy department of our securities company, you submitted a withdrawal of 5 million yen in the background of the withdrawal registration official website and the application failed. According to Article 102 of the Forex Control Treaty, sharing an account is strictly prohibited. Your MT5 account is suspected of being deposited by multiple people and is suspected of being shared by multiple people. This act is suspected of being a crime. Currently, the brokerage firm's wind holding department can freeze your trading account, suspect that you are not the person, and after the account has recovered normally, you can withdraw and trade normally. To resume normal use of your account, complete two requirements: 1) Provide one proof photo that you have (you need to show your face clearly). 2) Pay a deposit of 20% of your account balance. 67706.32 * 20% = $ 13541.264 $ 1758845 payment required 3) Deposit $ 13541.264 (¥ 1758845) will be returned to your Bank of Japan account in 2 business days. Please complete the above two requests and unzip your account by June 2nd. Once completed, you can withdraw all funds from your account. Please complete the process as soon as possible and complete the withdrawal procedure
I was told that I could withdraw 1.5 million yen even though I sent the minimum fee of 150,000 yen, but I can't withdraw.
On May 24th, I sent a fee of 150,000 yen. I have confirmed that I can withdraw money many times, but I am in trouble because I was told that I cannot send money.

Node Capital Group latest industry rating score is 1.46, the higher the score the safer it is out of 10, the more regulatory licenses the more legitimate it is. 1.46 If the score is too low, there is a risk of being scammed, please pay attention to the choice to avoid.

Node Capital Group safe