Address: Malta, 168 St Christopher Street, Valletta VLT 1467, MALTA
Our Overall Rating
Founded in 2011, NSBroker is a Forex and CFDs broker headquartered in Malta and licensed by the Malta Financial Services Authority (MFSA). What separates this broker from the rest of the Forex sphere is the super low trading fee.
NSBroker offers its clients more than 100 financial products. This is not a large number, but the broker’s offered instruments cover a wide range of asset classes (stocks, indices, currency pairs, cryptocurrencies, energy carriers, commodity futures, etc.). Below is the list of the most commonly traded assets here:
|Facebook, eBay Inc., GOLDMAN SACHS, VISA, Mastercard, GOOGLE Inc., IBM, MICROSOFT Corp., ALIBABA, SONY, Twitter Inc, American Express, Amazon, MCDONALDS, NIKE, NETFLIX Inc, TESLA MOTORS Inc.|
|DJ 30, NASDAQ 100, S&P 500, Hang Seng, FTSE 100, CAC 40, NIKKEI 225, DAX 30|
|Cryptocurrencies||Bitcoin, Litecoin, Ethereum, Ripple, Stellar, Cardano, EOS, ZCoin, Omni, Monero, NEM, Waves.|
|Currency pairs||EUR/USD, EUR/CAD, EUR/JPY, EUR/CHF, EUR/GBP, EUR/NZD, EUR/AUD, USD/CAD, USD/CHF, GBP/USD, GBP/AUD, AUD/USD, NZD/USD, AUD/CHF, AUD/CAD, AUD/JPY, AUD/NZD, CHF/JPY, GBP/CAD, GBP/JPY.|
|Commodity futures||Corn, Coffee C, Sugar no.11, Wheat, Cotton no.2, Cocoa, Soybean, Rice|
|Energy carriers||Crude Oil, Natural Gas, Brent Oil|
The types of real accounts available at NSBroker are Standard and ECN accounts with a maximum leverage of up to 100:1. The broker also offers a free demo account for its clients to experience the available trading platforms and to test trading systems.
The most outstanding feature of NSBroker is its super low fee. Spreads at NSBroker are fixed and start from 0.4 pips (EUR/USD), less than half of the industry average. It is difficult to find the second broker that offers such low spreads.
Here are details on some of the available assets at NSBroker:
|Instrument||Spread||ECN Spread||Leverage||Contract Size||Min. Trade||ECN Min. Trade|
|UKOIL||6||3||1:10||100||0.1 Lots||0.1 Lots|
|USOIL||6||3||1:10||100||0.1 Lots||0.1 Lots|
|XAUEUR||60||50||1:50||100||0.1 Lots||0.1 Lots|
|XAUUSD||60||50||1:50||100||0.1 Lots||0.1 Lots|
|XAGEUR||5||4||1:50||100||0.1 Lots||0.1 Lots|
|XAGUSD||5||4||1:50||100||0.1 Lots||0.1 Lots|
|CAC40||3||1.3||1:20||1||0.01 Lots||0.01 Lots|
|USA30||4||3||1:20||1||0.01 Lots||0.01 Lots|
With super-tight spreads and no commission on transactions, NSBroker is an ideal destination for scalpers and short-term traders.
When it comes to Forex trading, MetaQuotes’ platforms are the most commonly used. The legendary MetaTrader 4 trading platform (MT4) has been in the spotlight for years, and now it turns into MetaTrader 5 (MT5), the successor to MT4 with significant upgrades.
The highlights of MT5 include:
There are two MT5 versions available at NSBroker: MT5 DESKTOP and MT5 MOBILE. The latter is compatible with mobile devices running on Android, iOS, and Windows Mobile operating systems.
The importance of a broker’s customer support team is indisputable. When facing technical trading issues or needing urgent help, who will you reach out to? The support team, of course!
NSBroker’s customer service is available 24/5 in 7 languages: English, Russian, Spanish, German, French, Italian, and Arabic. The broker’s technical specialists are available between 08:00 and 20:00 (GMT+3) every business day.
You can contact NSBroker’s representatives by the following 3 ways:
You can also request a callback from the broker’s support team by clicking the Telephone button in the bottom right corner of the contact page.
We have conducted a communication test with the NSBroker support team. Here are our statistics on the average response time of their representatives after 50 attempts:
These numbers show that the response speed of the NSBroker support team is relatively fast. Therefore, you can rest assured when trading here.
NSBroker offers a wide selection of materials and resources to be used for research and learning purposes. Basic knowledge of online trading is brought in the form of articles, videos, webinars, and ebooks. Besides, the broker’s in-house analysts provide market insights on a daily basis, helping traders to stay on top of the market development.
In trading, an economic calendar is indispensable; it helps traders track important upcoming events that can strongly influence the market movement. Understanding this, NSBroker has developed a professional and user-friendly economic calendar dedicated to its clients.
The broker’s economic calendar can display important events and data releases in almost all countries around the world. Traders can also choose to see important events on a specific day.
Note: MetaTrader 5 also has a built-in economic calendar, which is located at the bottom of the platform.
NSBroker’s site is very user-friendly. Important information about regulation, investor protection, offered financial products and trading platforms of the company is provided right on the homepage, helping visitors gain an overview at a glance. Registration can be done in less than a minute by clicking on the “OPEN AN ACCOUNT” button located at the top right of the page. Below are 4 steps to start trading at NSBroker:
Trading on the MetaTrader 5 platform is easy. After successfully logging in to your NSBroker trading account on MT5, press F9 to open the order window, then select the order type, market direction, order size as well as your expected take-profit and stop-loss levels.
On MT5 DESKTOP, technical indicators are on the left-hand side of the screen, while drawing tools are at the top. To apply a technical indicator to the chart, double-click on the indicator, set its parameters and click OK.
Depositing funds into an NSBroker account can be done using a variety of modern payment methods such as credit cards, bank transfer, or electronic wallets. The broker supports 5 popular e-wallets namely Skrill, Neteller, Yandex Money, QiWi Wallet, and Webmoney. Withdrawals may be made in the same manner as deposits within 2 working days.
Order execution at NSBroker is completed in two different ways:
We have tried trading on the broker’s MT5 platform in various market conditions. Orders have been implemented fast with no re-quotes occurring even when the market is highly volatile.
As mentioned, NSBroker offers a user-friendly MT5 app that can be easily downloaded from Google Play and the App Store. The app is integrated with all functions and tools of MT5 DESKTOP, enabling traders to track the market development and manage their trading accounts on the go
To place an order on the MT5 app, click the “+” button at the top right of the platform, then select the order type, trading volume, and market direction (Buy/Sell).
At NSBroker, you can use trading robots, so-called Expert Advisors or EAs, to automate trading. The broker offers its clients a free demo account to test trading strategies and EAs without risking any penny.
Social/copy trading is currently unavailable at NSBroker. We hope that the broker will provide this service in the near future.
The crypto market has been constantly gaining popularity over the past 10 years. However, trading cryptocurrencies through exchanges contains many inconveniences such as complicated identity verification procedures or high transaction costs.
Fortunately, Forex brokers, including NSBroker, offer CFDs trading on cryptocurrencies. At NSBroker, you can trade most of the popular cryptocurrencies nowadays such as Bitcoin, Bitcoin Cash, Ethereum, Ripple, Litecoin, Stellar, and many more. Some of the advantages of trading cryptocurrencies here are:
NSBroker is regulated by the Malta Financial Services Authority (MFSA), one of the most reputable administrative bodies in the world. Membership of the MFSA means that NSBroker is signed up to the Maltese Investor Compensation Scheme, which serves as a limited safety net for certain classes of investors in the event of the broker’s bankruptcy. In such an event, NSBroker’s qualifying investors are protected by up to 90% of their investment, subject to a maximum limit of €20,000.
Under the MFSA regulations, all clients’ funds at NSBroker are 100% isolated from the organization’s funds and saved into independent bank balances. The broker also provides Negative Balance Protection to protect its clients’ account balances from becoming negative.
NSBroker appears to be a trustworthy and well-regulated broker. Its ultra-low spreads and lightning order execution helps it stand out among the destinations for short-term traders and scalpers.
NSBroker offers a narrow selection of trading platform and account types for its clients; this is the biggest drawback of this broker. However, it is not a big deal because most traders are fans of MetaQuotes, and MetaTrader 5 is one of the best trading platforms today.
One interesting statistic which NSBroker points to is that 54.6% of retail investor accounts lose money when trading CFDs with this broker over the past 12 months. This number is far below the industry average and it suggests that NSBroker must be doing something right. Generally speaking, this is an ideal destination for FX and CFDs traders, especially speculators.
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