NS Broker—Get All The Facts You Looking for Here!!! 

NS Broker review disclaimer: This information is provided solely for warning and alert purposes. It highlights major red flags associated with this suspicious trading platform operating under the domain, “nsbroker.com”. The review is based on my personal experience and publicly available information.

Welcome to my independent NS Broker review, which sheds light on the authenticity and reliability of NSBroker.com as a trading platform. Unfortunately, this platform is a scam just like HudsonTrust and others that I’ve brought to the spotlight on this blog. 

Forget about all those positive Trustpilot reviews of NS Broker you might have read. Those are paid reviews meant to deceive unsuspecting traders. 

Like Blue Stars FX, NS broker uses dishonest authors to publish positive information about the so-called trading platform, even though it’s a scam. 

Before delving further into this scam, here’s a quick company summary based on the information available on the company’s website (nsbroker.com). Please note that this information might be inaccurate, as scammers are fond of telling lies. 

Why NS Broker Is a Scam

1. I Experienced It First-Hand

My outcome with NSBroker.com was nothing short of disappointing. Within just one week, I had lost a whopping $250 to this company despite having not yet started trading. The money just vanished from my account without any reasonable explanation from the company’s side. All they did was block me when I became persistent in wanting to know where my money had gone. Honestly, if that’s not a scam, then I don’t know what to call it. 

2. A Friend Of Mine Also Lost Money To NSFX Despite The Positive Trustpilot Reviews

This friend of mine who also got scammed by NSBroker, just like me, is called Mike. After depositing the required amount, Mike, started trading right away. The profits began trickling into his account, even though he’d make losses occasionally, which is expected in the trading realm. 

After accumulating a reasonable amount, he decided to withdraw some of the money and that’s when the company began to reveal its true colors. 

Immediately after sending a withdrawal request, the company responded with a demand that he should first pay some tax and additional fees before his request could be processed. 

Looking at the ridiculous amounts that the company demanded, that’s when he realized that he had fallen victim to one of the biggest FX scams. After all, wouldn’t it have been logical to deduct the amounts from his account rather than asking him to send money again to withdraw money?

3. The Website Requires Intrusive Personal Details

Returning to nsbroker.com, the sign-up process was tedious, requiring you to complete a long form with personal details. I had to enter my very sensitive personal details, including my name, email address, date of birth, phone number, national ID number, and other details. Additionally, I also had to fill out an intrusive questionnaire with very crucial information, including;

• My employment information (including my employer’s name and my position in the company, if applicable) or my business status.
• My net annual income.
• My source of wealth.

If it’s not a subtle data theft scheme, then I don’t know what to call it. After all, why would the company require your income information, net annual income information, and your source of wealth, if it’s not a scheme? I ignored a big red flag here. 

3. WikiFX

According to WikiFX, nsbroker.com shows many indications of a scam. This forex broker review site reveals shocking details about the dubious nsbroker.com trading platform, as follows:

To begin with, the broker has no valid license despite claiming to operate under various regulations in different countries. The company claims to have operations in Malta, the United Kingdom, Germany, and France. 

It purports to be licensed by the MFSA(for their Malta operations), FCA(for their United Kingdom operations), BaFin(for their German operations), and AMF(for their France operations). 

It claims to hold the following license numbers from the above regulators; 

• MFSA license number  C56519S.
• FCA license number  595195.
• BaFin license number 131055.
• AMF license number 74397. 

As a forex broker review site, WikiFX finds these license numbers suspicious, and suspects that they are stolen from other brokers.

Report A Scam Incident

Go to this page to report a scam incident and seek help. You may also send an email to scamread@scamreader.info.

My Final Verdict On NS Broker 

This broker is a big scam.

Even though a few Trustpilot reviews of NS broker are positive, don’t be fooled into letting your guard down. Those are not independent reviews.

I tried this website and learned that the guys behind it are intelligent scammers. They’ll let you make money, but you won’t be able to withdraw it. If you are not smart enough, they’ll con you multiple times.

Please don’t say that I did not warn you. I hope this independent Nsbroker review helped someone out there avoid losing their money to this trickster.

NS Broker and Frequently Asked Questions

1. Why do some sources say that NSBroker is a trustworthy trading platform?

NSBroker has paid a few content creators here and there to paint this scam trading platform in a good light. 

2. I only signed up with NSBroker, but I did not deposit money. Is there still a reason for alarm?

Unless you did provide fictitious details, you really should worry as these guys will not only steal your money, but also your crucial personal details.

3. Can I delete my details from the database of the NS Broker scam trading platform completely?

Unfortunately, this isn’t an easy undertaking. Actually, it might be impossible. The best course of action is to report to the authorities.