Is NBR Trading Scam or Legit Broker?

NBR Trading is not a safe broker to trade with. The broker does not hold any serious license and it might be a scam. Being based in Japan the broker should hold a license from the country’s top financial authority – JFSA. However, this is not the case with NBR Trading.

About NBR Trading
🗺️ Registered inNo Registration
🗺️ Type of LicenseNo License
🛡️ Is NBR Trading safe to tradeNo
🗺️ Recommended LicensesFCA in UK 🇬🇧 & ASIC in Australia 🇦🇺
🖥 Alternative BrokerIC Markets - licensed by ASIC in Australia

What is NBR Trading?

NBR Trading is a multi-tier private equity firm involved in global derivatives and risk management providing in-depth analysis and trading of financial markets globally. This info is claimed on the company website, while the firm mentions their exceptional expertise, run of business since 2013, and addresses in Japan.

  • However, our main concern about NBR Trading is the regulatory status, which is not confirmed by any mention on the website. That means that the company delivers its service without a proper license and authorization. Being based in Japan the broker should hold a license from JFSA (Japan Financial Service Agency) (Learn about JFSA regulated Avatrade Platform), and therefore if the company didn’t apply for the license there are questions appearing.
  • In addition to that, the industry authorities monitor the market offering in order to prevent their responsible residents from fraud and risky investments. As NBR Trading is not licensed to offer its service to world traders, the company received a warning from the Australian and other regulators.

“ASIC advises the company NBR Trading Co Ltd could be involved in a scam. Do not deal with this business as it is unlicensed in Australia. The business listed has made unsolicited calls or sent emails about investing, financial advice, credit or loans and does not hold a current Australian Financial Services (AFS) license or an Australian Credit license from ASIC.”

ASIC, Australia. October 2018

NBR Trading Review


NBR Trading Review Conclusion

Together with the Forex authorities we always recommend investing and trading only with regulated entities. As scams and frauds are growing daily every trader should protect his funds from non-compliant companies. For that reason, it is better to choose among ASIC-regulated brokers or similar. Traders should trade with well-regulated brokers such as UK brokers or brokers in Australia and reliable brokers such as FBS and BlackBull Markets.

NBR Trading Update

Based on our findings, the NBR Trading website is inactive. This means the broker has muted its trading offering and does not operate. Anyway, we recommend avoiding and staying alert in case of any proposals. 

No news available.

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