NBR Trading Review (2023)

NBR Trading is a multi-tier private equity firm involved in global derivatives and risk management providing in-depth analysis and trading of finance markets globally. This info is claimed on the company website, while the firm mentions their exceptional expertise, run of business since 2013 and addresses in Japan.

However, our main concern about NBR Trading is the regulatory status, which is not confirmed by any mentioning on the website. That means that the company delivers their service without a proper license and authorization. Being based in Japan the broker should hold a license from JFSA (Japan Financial Service Agency) (Learn about JFSA regulated Avatrade Platform), and therefore is the company didn’t apply for the license there are questions appearing.

In addition to that, the industry authorities monitor the market offering in order to prevent their responsible residents from frauds and risky investments. As the NBR Trading is not licensed to offer their service to world traders, the company received a warning from the Australian and other regulators.

“ASIC advises the company NBR Trading Co Ltd could be involved in a scam. Do not deal with this business as it is unlicensed in Australia. The business listed has made unsolicited calls or sent emails about investing, financial advice, credit or loans and does not hold a current Australian Financial Services (AFS) license or an Australian Credit license from ASIC.”

ASIC, Australia. October 2018

Conclusion

Together with the Forex authorities we always stand at the point to invest and trade only with the regulated entities, as the scams and frauds are growing daily every trader should protect his funds from non-compliant companies. For that reason, it is better to choose among ASIC regulated brokers or similar. Traders should trade with well-regulated brokers such as UK brokers or brokers in Australia and reliable brokers such as FBS and BlackBull Markets.