The development of computer technology has not only given mankind access to an enormous amount of useful information, but it has also significantly expanded the list of lucrative professions.
One such lucrative occupation is trading. Traders' income is not limited by any rates, salaries, or bonuses, their success depends on diligence, patience and certain skills in Forex and CFD trading. Another important criteria for success is choosing the right broker, that is, the intermediary organization that provides access to the trading environment.
Let's make a detailed review of NSBroker's activity and use it as an example to show what nuances you should pay attention to when choosing a broker in the Forex market, so that the trading process would be not only informative, useful, comfortable, but also profitable.
Regulations
The broker who wants his clients to be assured of the company's integrity and reliability is certain to spend not only time but also money to obtain a license from a reputable regulatory body. Having such a document ensures that in its activities the broker is guided by international standards of service and protects both personal information and the funds of its clients.
As NSBroker is registered in Malta, the first license it received was a Category 3 Investment Services License from the Malta Financial Services Authority. The company also operates in accordance with European legislation, in particular the MiFID Directive. In addition, a number of other regulatory bodies have approved its activities in the EEA:
- BaFin. A management that ensures optimal operation, stability and integrity of the budget market in Germany;
- ACP. Authority overseeing the activities of banks and insurance companies in France;
- CNMV. The unit responsible for the supervision and examination of the stock exchanges in Spain;
- FINANSTILSYNET. Part of the Danish Ministry of Business and Growth, serving as secretariat to the Financial Business Council;
- Consob. An Italian regulatory body that acts for investors and oversees the development of financial markets.
10 years on the market
NSFX.Ltd, which owns the NSBroker brand, was founded in 2011. And this is one of the advantages of the broker. Its long track record in the industry shows that it is a reliable intermediary, which provides favorable trading conditions, quality service and actually withdraws profits. If this were not the case and NSBroker was a scammer, the company would not have been able to survive longer than 1-2 years.
Traders are quickly share information about brokers. You can read reviews about them in various pubs and forums. Therefore, as soon as an obvious scammer appears on the horizon, his frauds become known to most experienced investors who know how to search for information and work with it. Such an unscrupulous company may survive for some time, attracting inexperienced fortune hunters with flashy advertisements and promises of free bonuses and gifts, but it will certainly not be able to cheat for decades.
A long track record in the forex market also means that the broker works with reliable liquidity providers and the world's best banks, so it can make payments to all clients without delays or restrictions. Among the providers NSBroker works with are Dukascopy, PrimeXM, UBS, Barclays and many others.
NSBroker has been able to stay on the market so long because of the favorable trading conditions it offers:
- Minimum starting deposit from 500 USD;
- Over 100 assets available for trading;
- Leverage up to 1:100;
- Deposits and withdrawals without commissions and restrictions;
- Low spreads from 0.3 pips.
NSBroker provides expert help to its customers in the 5 most common European languages. The technical support team can be contacted not only by phone, but also by email, online chat or via the feedback form.
Providing free training
A broker that understands that not only its clients' personal well-being, but also its own profit depends on their skills and knowledge, helps traders to develop, teaches them the basics of Forex trading, and teaches them how to work on the trading terminal.
NSBroker has developed a full-fledged training centre for its clients, filled with a great variety of materials and services for gaining knowledge in Forex and CFD trading. Traders have at their disposal:
- A glossary detailing more than 150 trading terms and phrases;
- Tutorial videos. A number of courses on crypto trading, market analysis, trading strategies, etc. are provided. Each video course ends with control tests for self-testing;
- E-books. The online tutorials explain the different types of trading and give beginners the knowledge they need to succeed in trading;
- These are special manuals that will teach the trader how to use the trading terminal, upload documents to check and control the processing of requests. A glossary detailing more than 150 trading terms and phrases;
- Tutorial videos. A number of courses on crypto trading, market analysis, trading strategies, etc. are provided. Each video course ends with control tests for self-testing;
- E-books. The online tutorials explain the different types of trading and give beginners the knowledge they need to succeed in trading;
- These are special manuals that will teach the trader how to use the trading terminal, upload documents to check and control the processing of requests.
NSBroker does not limit itself in providing just theoretical background, all its clients have access to a free training account. Its conditions are the same as the real one, but there is no need to risk your own money while trading. A demo account has a balance of $20,000 virtual, which can be used to test your skills and practice your strategy.
Trading signals
NSBroker's clients, who due to some personal reasons do not want or cannot trade on their own, can use a convenient service of trades copying. All you need to do is to choose a signal provider from the list of available ones and subscribe to his services. After that, all trades made by an experienced trader will be automatically copied to the client's account.
You can use special filters to narrow down the range of suppliers and choose the right one. You can sort applicants by reliability, by the cost of their services and by the value of their maximum profit. With the help of this service it is possible not only to receive passive income, but also to learn from the example of a more experienced colleague. All their actions can be monitored on their own account, while learning from their experience.
MetaTrader 5
NSBroker believes that the key to success in trading is the use of innovative technology, which is why it provides access to the trading environment through its most advanced trading terminal, MetaTrader5. It's easy to navigate and comprehensive in its functionality. With MT5, you can not only trade currency pairs, but also indices, energy, precious metals and crypto. You can download the terminal on the broker's website. Both the desktop and the mobile version are available for downloading. If you are not tied to a certain computer or mobile device, you can use the web terminal, which can be run through any browser and does not require installation on your computer.
The MT5 terminal has a number of advantages and useful features:
- Up to a hundred charts can be opened on it simultaneously;
- Automated trading is allowed;
- The chart can be plotted on 21 timeframes;
- More than 50 indicators are integrated in MT5 and more than 40 chart objects are available.
In order to test all the advantages of working with NSBroker, all you need to do is register, install the trading terminal, make a deposit and start trading.
This is a sponsored story. Its content does not constitute financial advice. Please remember that the value of investments, and any income from them, can fall as well as rise so you could get back less than you invest. If you are unsure of the suitability of your investment please seek advice.
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