NBH Markets is a young but rising star among CFD forex brokers, and since its founding in 2018 it has rocketed into the awareness of traders worldwide. Underpinning NBH Markets is a speedy STP order processing model combined with platforms including MetaTrader 4 and MetaTrader 5, plus a healthy variety of tools and analysis, as well as diversified account types through which clients participate in global markets using leverage. Gold and other precious metals are given greater emphasis than other instruments, and traders are even encouraged to withdraw in bullion if they prefer. Major indices and forex pairs are offered at low starting spreads, and this unique broker is registered in St. Vincent & the Grenadines.
With the thorough regulatory setup, NBH Markets must be capable of meeting rigorous demands for security, transparency, and also service. Client funds are held in Tier 1 banking institutions and segregated from operational funds. Additionally, funds are covered up to EUR 5,000,000 by Lloyds Insurance, as well as protected by a sophisticated array of cybersecurity measures. In terms of customer support, NBHM clients can expect prompt answers and assistance, forming the capstone for a broker which has raised the bar for the industry.
Pros and Cons
Pros
- Dependable, SVGFSA regulated broker
- Ability to withdraw USD as physical gold bullion in select regions
- Spreads as low as zero and zero commission account option
- Friendly and accessible customer support
- Impressive educational panel for members including live news
Cons
- No Webtrader option for lightweight trading
- Limited number of assets compared to other brokers
Recommended For
NBH Markets prioritizes security and utility, so those who wish to trade with a regulated broker and take advantage of many platforms, indicators, and analytical tools will find it a suitable home. Though traders who want to incorporate cryptocurrency, shares, or ETFs into their strategy will feel left out, given a narrower array of tradeable assets, the types of trading strategies supported by NBHMpricing are broader than they would be elsewhere. This is exemplified in the three platforms and appropriately abundant options available—hedging, scalping, Expert Advisors, real-time alerts, one-click trading, multi-account trading, and even a FIX API connection.
Though there’s a difference in the spreads and commissions model employed across the available accounts, beginners particularly can appreciate the Standard Account and its affordable $100 minimum deposit. Given the platform’s fluency in advanced trading techniques, top-tier accounts provide necessary support and are worthwhile choices for those experienced investors or professionals who can meet the necessary criteria. Finally, a commonly cited reason that traders have chosen NBH Markets is the broker’s dedication to reliability, with segregated and insured customer funds, Tier 1 banking liquidity, and effortlessly reachable customer service.
Top Features
- Withdrawals in Gold: Run by the National Bullion House, NBH Markets is an ideal place to trade for those who believe in gold, silver, platinum, or palladium. Elite accountholders in select regions who hold USD in their account can request a bullion withdrawal, and then pay for protected delivery of the gold to their home or office.
- Low Spreads, High Leverage: Spreads on NBH Markets start at 0.0 pips for the Elite account, and leverage is flexible by account and instrument, running all the way up to a maximum of 500:1. For the Standard account, spreads start from a reasonable 1.6 pips along with no commissions.
- Daily Research and Analytics: Clients enjoy access to insights into the movements of daily markets, provided daily straight to an email inbox. From alerts, to market analysis, articles and videos, NBH Markets makes a range of analytical materials available to clients.
- Safety: Client deposits and account capital are held in a tier 1 bank account segregated from other funds used by NBH in daily operation, and furthermore are covered up to EUR 5,000,0000 by Lloyds Insurance. Furthermore, the platform is protected by a sophisticated array of cybersecurity measures.
- Support for Every Strategy: Traders deploying countless strategies can depend on NBH Markets to support their preferred investing style. Clients enjoy countless options including automatic hedging and FX conversions, ultra-fast execution, deep liquidity, and more.
- Ample Educational Resources: Benefit from access to a wealth of educational materials like courses, videos, and articles along with value-added tools like news, signals, and more, all of which are designed to expand traders’ knowledge and improve decision-making abilities.
Overview
- Type of Broker ECN/STP Broker
- Regulation & Licensing St. Vincent & the Grenadines Financial Supervisory Authority (SVGFSA)
- Assets Offered Currencies, Indices, Precious Metals, CFDs
- Platforms Available MetaTrader 4, MetaTrader 5, FIX API
- Mobile Compatibility iOS, Android
- Payment Types Accepted GlobePay, Bank Transfer, Skrill, Neteller, Fasapay
Account Types
|
Features |
Standard Account |
Gold Account |
Elite Account |
|
Account Currencies |
USD |
USD |
USD |
|
Available Leverage |
Up to 1:500 |
Up to 1:500 |
Up to 1:500 |
|
Minimum Deposit |
$100 |
$5,000 |
$25,000 |
|
Starting Spreads |
From 1.6 pips |
From 0.2 pips |
From 0.0 pips |
|
Commission Per Trade |
0 |
$2.50 per side
|
$1.00 per side |
|
Decimal Pricing |
Up to 5 decimals
|
Up to 5 decimals
|
Up to 5 decimals
|
|
Swaps/Rollovers |
Yes |
Yes |
Yes |
|
Trading Instruments |
45 FX Pairs 6 Commodities 10 Indices
|
45 FX Pairs 6 Commodities 10 Indices
|
45 FX Pairs 6 Commodities 10 Indices
|
|
Min. Lot Size Per Trade |
0.01 |
0.01 |
0.01 |
|
Max Lot Size Per Trade |
50 |
50 |
50 |
|
Demo Account |
Yes |
Yes |
Yes |
|
Swap/Rollover Free |
Yes |
Yes |
Yes |
|
Copy Trading Support |
No |
No |
No |
Trading and Investment Tools
- One Click Trading: Yes
- Trade off Charts: Yes
- Email Alerts: No
- Mobile Alerts: No
- Stop Order: Yes
- Market Order: Yes
- Trailing Stop Order: Yes
- OCO Orders: No
- Limit Order: Yes
- 24hr Trading: Yes
- Charting Package: Yes
- Streaming News Feed: No
Compliance & Regulation
NBH Markets is registered in St. Vincent & the Grenadines and is therefore regulated by the Financial Services Authority in the same area, otherwise known as the SVGFSA. Traders in appropriate jurisdictions will find that the regulator imposes strict rules on brokers who operate under its supervision, but also that NBHM goes above and beyond what’s expected. This is illustrated by the broker’s commitment to keeping investor funds segregated from its own, and then an extra insurance policy on accounts for up to EUR 5,000,000. On top of all that, NBHM also dedicates itself to keeping client information and payment methods free from prying eyes, and accordingly, mobilizes a cutting-edge array of digital technology to make sure of it.
Pricing
To determine the full price of being a client it’s necessary to consider minimum deposits by account type, as well as the commission and spreads model on each type of account. Other fees are expected as well, such as for inactive accounts and special trade types. In terms of a minimum deposit to start trading, Standard clients will need to deposit just $100, though this rises to $5,000 for the Gold account and then $25,000 for the Elite account.
However, the increasing deposit requirements are justified by progressively discounted trading conditions in each account. From the Standard account’s no-commission trading and higher spreads (starting from 1.6 pips), the Gold account spreads begin as low as 0.2 pips with commissions of just $2.50. The Elite account goes further, and makes trading highly affordable, with spreads that go as low as zero pips and $1 commissions. Given leverage of 1:500 these conditions can be quite lucrative for savvy traders.
Overnight swap fees apply and can be found on the NBH website, generally based on the international overnight rate used by all brokers. Finally, in terms of deposits and withdrawals, there are no fees other than those charged by the payment provider (if applicable).
Service Details
- Supported Languages: Arabic, Azeri, English, Greek, Indonesian, Hindi, Malaysian, Portuguese, Romanian, Russian, Spanish, Serbian, Turkish
- Customer Service By: Phone, email, live chat
- Customer Service Hours: 24/5
- Telephone Orders: No
- Personal Account Manager: Yes
Reliability & Security
There are many measures of a broker’s reliability, and accordingly NBH Markets surpasses expectations, starting with the precautions it takes to protect its customers. To keep compliant with industry standards, customer payment details are fully protected and shielded from the eyes of all parties by Transport Layer encryption 1.2 and application layer 256AES encryption. The website itself is similarly outfitted, with modern cryptographic standards including HTTPS and SSL.
Security of customer funds is arguably more important than their information or payment methods, and NBH goes to long lengths to ensure it. Funds kept in segregated accounts is a start, and to add in coverage by Lloyds Insurance for up to EUR 5,000,000 provides even greater confidence in the broker’s reliability. For traders, to depend on any broker requires ceaseless and abundant liquidity, available customer support, and advanced tools. NBH Markets delivers with no exception, thanks to its multitude of platforms, 24/5 account services and streamlined STP model.
User Experience
Users will find NBH Markets a powerful central console for all their trading activities and will not be bogged down by the impressive number of features available. The best way to check out the NBHM interface is to simply sign up for a demo or live account if documents and banking information are on hand. After clicking on Open Account on the website, NBHM will ask you to confirm an email address and then let you trade directly in a new demo account or continue verifying your documentation and deposit within the Client Dashboard area.
The dashboard contains all internal functions such as Your Documents, Deposits and Withdrawals, internal transfers (between multiple NBHM accounts), analytics, and more on the left-hand side. In the middle you’ll see figures on your accounts and their balances. The trading conditions applied to your account are listed on the right, including leverage and verification status. Here, you can quickly upload documents to complete verification, and make a deposit to trade on live markets. The MT4 and MT5 platforms can be downloaded here in the Trading Platforms tab.
There’s the familiar range of buttons and tabs on both the MT4 and MT5, including over 80 indicator options on the upper Charting menu, a one-click trading module on the main chart window, order history and open orders near the bottom, and execution capabilities listed after right-clicking on any instrument. Moreover, FIX API grants access to super low-latency and high-speed trade execution for clients who prefer to manage capital from the comfort of their existing trading platforms.
To get in touch with customer service or educate yourself about the platform, accounts, and the market, go back to the Client panel and click on Help and News to connect to the NBHM News panel where the Education tab and Chat tab offer a solution.
Final Thoughts
Armed with a multitude of trading platforms which start with but aren’t limited to the MT4 and MT5, NBH Markets represents a regulated and extra-secure trading environment for intermediate to advanced traders. This notion is evidenced in the unique features offered on the NBHM platform, including hedging, scalping, and other advanced strategies which can be implemented on the FIX API but also a pledge of airtight funds protection and coverage. While those who want to trade cryptocurrencies and even stocks will need to explore other avenues, NBH Markets specializes in supporting experienced forex and especially gold traders. Depending on the region, one can even have their USD balances withdrawn in physical gold—an exceptional perk courtesy of the broker’s association with the National Bullion House.
For all this, traders who appreciate superior trading conditions will appreciate the affordable trading costs, low starting spreads and zero commission account option, deep liquidity, and speedy execution that sees 98.7% of trades filled in less than 13 milliseconds. More importantly, the inclusion of valuable fundamental and technical analysis tools adds superb value to the platform, even for institutional investors. With all the advanced features and functionality need to support any trading strategy across multiple asset classes, NBH Markets goes above and beyond to harness and deliver an extraordinary, client-centric experience for more experienced investors.
Trading Platform Screenshots
Contact Info
First Floor, First St. Vincent Bank Ltd Building, P. O Box 1574, James Street, Kingstown, St. Vincent & the Grenadines.
FAQs
Q: I have a Standard account and want to withdraw my profits in gold bullion. Is this possible?
A: No, only clients with Elite accounts can request their USD balances be sent by air mail as gold bullion or bars, and they must pay for secured shipping as well.
Q: Why are spreads so much higher for the Standard account?
A: Spreads are higher in the Standard account because this account only requires a minimum deposit of $100 and also features zero commissions. Those who deposit $5,000 will get a Gold account with lower starting spreads, though there is a commission per trade.
Q: How do I access the educational resources on NBH Markets?
A: The educational section is reachable only through the client area, so you’ll need to sign up for an account first. This doesn’t require that you input your personal details or make a deposit, as you can access the full range of educational materials with just a demo account.
Q: I want to open an account but don’t have proof of address yet. What should I do?
A: In place of a standard proof of address like a bill or statement, you can send us a notarized letter from a lawyer, bank, or municipality.
Q: Why can’t I use the WebtTader to trade in my browser?
A: NBH Markets relies on sophisticated trading platforms and prefers users to trade in downloaded versions of the MT4, MT5, and VertexFX for better service alongside access to superior trading conditions.
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