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NTB Financial Market advertises tight spreads and the ability to increase investors’ profits. The platform guarantees 25% returns on every deposit. The cost of entering the market is also low compared to their competitors.
Ironically, the broker praises its transparency. However, information regarding the founder, parent company, account managers is missing. Therefore, there is no guarantee you are dealing with experts. Scammers purposefully operate anonymously to avoid being caught by the authorities.
The trading results of the NTB Financial Market are also nowhere to be seen. The available products include; CFDs, Forex, CFDs, commodities, shares, cryptos, and stocks. The assets are volatile, and you cannot predict the next direction the market will take. It is for this reason investors end up making profits or losses.Â
However, you cannot only be making profits as con artists purport. The legitimacy of the company is also in question. The platform is targeting novice traders. They are less likely to perform a thorough background check on a platform.Â
Instead of risking your safety with an offshore platform you can try out some of these leading Forex companies. They are trustworthy with sound trading history. The entity also offers the best customer support and their experts are always ready to help when you encounter a hitch.
Multiple loopholes are surrounding the entity. For instance, this is a company that does not have a risk protection measure. You will not get such action against negative account balance, and you could end up losing more than they deposited. Nonetheless, the broker tries to convince investors to get liquidity from reputable banks.Â
NTB Financial Market’s main objective is to help investors earn passive income. They brag about having direct and fair trading conditions. We focus on statistics and factual statements rather than bogus narratives when it comes to investment. If this is a reputable platform, it will not shy away from showcasing its performance.
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They even provide a fake license number to deceive investors they are in business legally. They also do not have a demo account that investors can use to familiarize themselves with their interface. The platform uses a common strategy with scammers; it promises high returns within a short duration.
Stay away from NTB Financial Market. It does not have the intention of releasing your funds. Withdrawal requests are never handled on time. The entity has a warning from a reputable financial institution in the industry.
NTB Financial Market charges investors a commission of 13.8% for every cash-out request. The broker purports to have both the MT4 and MT5 trading interface. They ask you to choose one when registering an account. However, the platform does not send the download link, and we can only assume there’s no available software.
The fraudster is hiding its shadiness behind the excellent reputation of the Metatrader software. This is one of the best interfaces with customizable EAs and several indicators. When you properly utilize the platform, you could yield better returns.
The trading conditions of the company are nowhere to be seen. Therefore if you choose to trade with the platform, you will never know what you’re signing up for. Legit forex trading companies will feature The spread and leverage data for their clients. The terms and conditions are clear, and you will see what the company has in store for you.
NTB Financial Market does not reveal the withdrawal and deposit information. Without legal documentation, the entity can subject traders to severe hidden charges. You cannot report them to the authority as there is no binding contract.
The listed payment methods include; Skrill, e-wallets, Soft, Visa, and MasterCard. Sadly, we cannot validate whether the entity accepts the options. The withdrawal fee of the entity is outrageous. Percentage form fees are unfair, and the only beneficiary of the scheme are the con artists behind the company.Â
NTB Financial Market claims it has a registration and a regulatory document. Therefore, the authority permits them to offer investment advice, manage traders’ portfolios, and execute trades on behalf of investors. Unfortunately, after checking on various financial watchdog databases, we could not find the broker on the list.
The platform states it segregates the funds of investors in separate accounts. It works with top-tier financial institutions to ensure clients’ money is safe. Sadly, the name of these world-class financial entities is left out. You can take this as a mere bluff considering that The entity is a fraudulent scheme.
Once NTB Financial Market exits the industry, you will not receive compensation. All your savings will be lost, and you cannot reverse the transaction. Moreover, the platform is not reporting its daily trading activities to the regulatory bodies. They could be involved in the manipulation of prices.
The law also requires investment platforms to disclose the experts handling investors’ funds. The suspicious entity has not appeared as all their investment activities are conducted behind closed doors.
NTB Financial Market is breaking the law. The broker could also change their terms and conditions without informing their customers. Your data and funds are at greater risk. We recommend that you stick to investment entities with regulatory documents from reputable agencies.
The entity does not disclose its office address. It appears the only method available to contact the support is by email or by using live support. The lane leading to Instagram and telegram is not working. There is also an icon for a phone call, but the phone number is unavailable, and once you click on it, it doesn’t function.Â
The legit investment companies hire professional staff to handle the queries of their clients. You are assured of a quick response. The information you share with the platform is also secure.
NTB Financial Market lacks client testimonials. Hence, traders cannot tell the kind of treatment to expect. Without knowing the company’s geographical location, it will be impossible to go after them. Stick to transparent investment entities that have nothing to hide.
The platform is on the warning list of the Cyprus Security and Exchange Commission. Investing with a blacklisted company will only lead to huge losses. Moreover, the financial regulatory bodies cannot help you recover your funds.Â
Another worrying factor is that NTB Financial Market does not have legal documentation. You will blindly join them without knowing what you are signing up for as the spread and leverage data is unavailable. The information regarding the deposit and withdrawal is also missing. The company can refuse to give back your funds for all we know.
NTB Financial Market is a company that all investors should refrain from engaging with. They only have red flags, and the entity does not qualify to refer to itself as a genuine broker. The parent company information is missing. Additionally, there is no evidence the suspicious firm is working with expert account managers.
You can find a transparent and reliable forex trading company without risking your safety. The security of your fund is well taken care of. You can also check out their clients testimonials on third party websites.Â
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