NRT Coins: reviews, company overview in 2022

NRT Coins: company overview in 2022

Lately, there have been many reviews about the brokerage company NRT Coins on the internet. Some traders claim it is the best place for trading, while others accuse the company of financial manipulations, client fund manipulation, and failure to pay profits. Before drawing conclusions, it is necessary to conduct a detailed check to determine how honestly NRT Coins conducts business with clients and whether it is worth getting involved with this organization. In this review, we will disclose the results of checking legal aspects, cooperation terms, and important facts about the company.

Company Statistics and History

According to information on the NRT Coins website, the company has been providing its services since 2019 and can boast impressive figures. Among them:

  • 37,300 open accounts,
  • over 294,000 daily transactions,
  • 211 trading instruments,
  • daily trading volume exceeding 238 million dollars.

However, it should be noted that the company’s website looks quite outdated, the domain was registered back in 2018. However, one should be cautious with such claims, as even a recent analysis of the web archive showed that the domain name was acquired relatively recently. Unfortunately, some data about the company may be distorted, including information about its long history.

Licensing and Regulation

NRT Coins claims to operate in compliance with the law. On their website, you can find information about accreditation and licenses, but there are no detailed information or document scans. In the list of regulatory bodies that allegedly issued permits to the company are:

  • Cyprus Securities and Exchange Commission (document #627/32),
  • Financial Services Commission of Mauritius (R745169547),
  • International Financial Services Commission (46/81/22/94).

However, upon verification, it was found that none of the specified regulators have information about NRT Coins. Moreover, the company has been blocked by Roskomnadzor, indicating serious issues in its operations.

Promises and Conditions for Clients

NRT Coins offers a wide range of assets for trading, including currency pairs, metals, indices, stocks, cryptocurrencies, and commodities. However, they insist on depositing funds immediately after registration, a minimum of 1,000 dollars. The company offers three tariff plans:

  • Investor – minimum deposit of 1,000 dollars, leverage up to 1:20;
  • All Inclusive – starting contribution of 25,000 dollars, leverage up to 1:50;
  • Premium Service – available with a balance replenishment of 50,000 dollars, leverage up to 1:100.

Upon closer examination of the company’s internal documents, it becomes clear that NRT Coins may unilaterally terminate the contract, restrict access to the platform, and cancel client transactions.

Reviews and Reputation

Lately, the company NRT Coins has been surrounded by many negative reviews. Every day, the situation worsens as more people realize they are dealing with financial fraud. If you have something to say about this company, please share your opinion in the comments.

Conclusion

Based on the analysis conducted, it can be concluded that the company NRT Coins raises serious doubts regarding its honesty and reliability. We caution that cooperation with this platform may lead to financial losses. Be vigilant and cautious when choosing a broker for trading.