NBH Markets Review 2024

NBH Markets Review 2024

Updated:
Updated: October 06, 2023

Attention!

This brokerage company is on the Blacklist. Working with companies on the Blacklist carries high risks of losing your money. We continuously monitor the Internet in order to identify new scams aimed at defrauding traders, and categorically do not recommend working with companies on the Blacklist.

We advise traders to choose reliable and trustworthy licensed companies from among top brokers of our rating:

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Editorial Note: We are unable to verify the validity of reviews and publish all reviews, both positive and negative, in accordance with the Users Reviews Policy.

Summary of NBH Markets Trading Company

NBH Markets (NBHM) was founded several years ago as a part of the National Bullion House Group. It is an elite Forex broker offering Forex and CFD trading backed by physical gold. NBH Markets' true purpose is to be the broker of choice for investors looking for premium services and top-level trading using the latest technologies.

Geographic Distribution of NBH Markets Traders

Popularity in

18.96%
IN
India
18.12%
VN
Vietnam
17.65%
US
United States
14.82%
DE
Germany
13.93%
AE
United Arab Emirates
12.39%
GR
Greece
7.05%
SA
Saudi Arabia
6.56%
MY
Malaysia
6.3%
TH
Thailand
3.1%
AU
Australia
3.12%
Others
Others

User Satisfaction i

4 comments
Total score:
5 /10

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Haroldceam
2 years ago

I started working at NBH Markets recently, but I already have good impressions. I trade intraday, so for me a special advantage is the presence of small timeframes in the terminal, on which you can conduct a detailed analysis of short-term positions. The economic calendar and other supporting analytics are on the site, so you don't have to resort to other resources. Deposits and withdrawals are fast. To get acquainted with a broker, you can trade with a minimum balance, but for serious trading, I still recommend investing in full. Moreover, now a 100% bonus is credited on the first deposit. Who knows, maybe there won't be a second opportunity like this!

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Gytisvil
3 years ago

I think NBH Markets is not worth working with. The company is registered in an offshore zone. There is a lot of information on the site that is not true. Also, I have read a lot of negative reviews about NBH Markets.

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Dipsimo
3 years ago

NBH Markets website states: "We are the only brokerage firm with gold-backed stability offered by the National Bullion House". But such a company does not exist. I have not found information on National Bullion House. The nbh.ae site is down. Therefore, all such statements look very dubious.

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mokhse
3 years ago

NBH Markets is an average broker. There are a lot of both pros and cons. Support from managers is weak, but the terms of trade are acceptable. So far, I have withdrawn money only once for a trial. There were some bureaucratic delays, but I got everything I wanted.

Trading Conditions for NBH Markets Users

💻 Trading platform: MetaTrader 4, MetaTrader 5
📊 Accounts: Standard, Pro, Elite
💰 Account currency: USD
💵 Replenishment / Withdrawal: Bank Wire, Skrill, Neteller, FasaPay (more deposit/withdrawal options on the way)
🚀 Minimum deposit: $100
⚖️ Leverage: up to 1:500
💼 PAMM-accounts: No
📈️ Min Order: 0.01
💱 Spread: from 0.0 pips
🔧 Instruments: Forex, Precious Metals, Cash Indices
💹 Margin Call / Stop Out: 100% 50%
🏛 Liquidity provider: No
📱 Mobile trading: Mobile Platforms
➕ Affiliate program: Yes
📋 Orders execution: Market Execution
⭐ Trading features: No
🎁 Contests and bonuses: YES

Contacts

Registration address First Floor, First St. Vincent Bank Ltd Building, P.O. Box 1574, James Street, Kingstown, St. Vincent & the Grenadines
Official site
Contacts

We constantly monitor the Internet for the emergence of new fraudulent schemes to deceive traders. We have been collecting data about scam brokers for more than 10 years and we think we know every dishonest company in the market. Below we have collected for you the information about the scammers from the List of SCAM Brokers.

All information posted on the Traders Union website is based on reliable and objective data. We have combined our 10 years’ experience in the financial sector and the feedback of our customers to provide you with a true picture of the best forex companies in the market. Detailed information about our methodology.
NBH Markets Review NBH Markets Review

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FAQs

Why has NBH Markets been placed on the Forex Broker Blacklist?

Possible reasons:
• multiple complaints have been filed against NBH Markets by traders claiming the broker failed to fulfil its obligations, including process withdrawals;
• the website of NBH Markets is down, not updated or operates with clear errors and some features are not available;
• NBH Markets has been blacklisted by the regulatory authority, and a warning has been published on the regulator’s website.

What should I do if NBH Markets got blacklisted and I still have money in my account?

Don’t panic right away. First, try to find out the reason why NBH Markets got blacklisted. The situation may be temporary. Contact Traders Union client service for details. If the situation is critical, try to withdraw money. The best way to do it in parts, so that the broker does not suspect that you want to withdraw your entire balance and close the account.

What should I do if I cannot withdraw my money from NBH Markets?

If your broker refuses to process withdrawals under various pretexts, your algorithm of actions is as follows:
• Get a clear response from the broker’s Support Service with reference to the clauses of the Terms of Use (User Agreement). Save your correspondence and download the transaction history from your account.
• With a full package of documents, appeal to the following organizations: the broker’s regulator or corresponding law enforcement agencies. If you make your deposit with a bank transfer, try to initiate a chargeback request.
• Share your situation on traders’ forums, add the broker to blacklists of various websites, as it will help others avoid the mistake.

Is there any chance to recover my money if NBH Markets is a scam?

On rare occasions, yes, for example, if the broker was a member of a compensation fund, or upon a court’s ruling.

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