NBS Traders: customer reviews about the company’s performance in 2023.
NBS Traders: customer reviews of the company’s work in 2023
NBS Traders claims that investing is easy. The organization promises high trading performance, innovative solutions, and successful strategies. Reviews about the company have already appeared, and they are not unambiguous. Users claim that this is a potential financial scammer seeking to gain trust and deceive people. We have conducted an information check and are ready to share the results with you.
What you need to know about NBS Traders?
NBS Traders claims to have been providing its services for 7 years and demonstrates impressive results:
- trading volume – over 200 billion dollars,
- 10,000 transactions on the platform,
- profitability of 30%.
However, their website lacks information about strategy and client payout statistics. According to reviews, the company may provide false information, including even its experience in financial markets. Using the whois service, we found out that the domain nbs-traders.com was registered in September 2023. The number of reviews about the company is extremely small. The company is trying to create an illusion of positive reviews. Potential clients should be cautious.
Contact information also raises questions. The only active contact is an email address. The provided phone number belongs to another organization, and the office address in the UK is fictitious.
Legal basis check
The broker’s website lacks information on legal documents confirming the legality of their activities. Although the company lists an address in the UK, where they presumably should have registered and obtained permission from the regulator (FCA).
After checking in the Companies House registry, we found out that NBS Traders Ltd was officially registered in the summer of 2023. However, at the time of registration, the company did not yet exist. Fraudsters used someone else’s data for their purposes.
The company is not listed as an FCA licensee and, in fact, has no relation to the brokerage business. Instead, it specializes in retail trading of food, beverages, and tobacco products.
It is obvious that we are dealing with a dishonest broker who operates outside the law and does not have access to real liquidity providers. The company likely only simulates the trading process.
Collaboration terms
The broker praises its trading platform, promising a user-friendly interface, high performance, and access to a large number of assets. However, there is no opportunity for risk-free practice and no information on contract specifications. The entry threshold is also unknown. The company offers the following conditions:
- free training and webinars,
- fast transactions,
- 24/7 support,
- secure assets,
- spot and margin trading,
- investment in currencies, indices, stocks, cryptocurrencies, and futures.
The company does not disclose information about payouts and commissions. According to real users, NBS Traders often changes deal conditions to the detriment of clients.
Customer reviews
Users leave reviews stating that it is impossible to earn with this fraudulent broker. Many entrusted their funds to the company and ended up losing everything.
Features of the fraudulent scheme
NBS Traders does not provide detailed tariffs, adapting the approach to each client. Scammers start with offering free training and minimal deals, recommending the use of a mentor’s services. This mentor acts in the company’s interests, suggesting trades to simulate profits. The goal is to gain the client’s trust. When a client deposits a large sum into the account, their account is blocked, and the scammers disappear.
Review summary
NBS Traders is an irresponsible fraudster who violates the law and is ready to deceive anyone who entrusts their funds to them. Be vigilant to avoid becoming a victim of this fraud and to preserve your savings.