NSBroker Broker Review

Review By: Alan Little

Review Updated: 2021-02-15

4.4

Visit Broker

Back to top

NSBroker broker features

NSBroker pros and cons

Pros

• Tight spreads & no commission
• Advanced trading platform
• Real-time market execution

Cons

• Only MetaTrader 5 trading platform available
• Low leverage
• Few types of accounts

Compare Brokers

Review Sections:

Who are FXTM?

Founded in 2011, NSBroker is a Forex and CFDs broker headquartered in Malta and licensed by the Malta Financial Services Authority (MFSA). What separates this broker from the rest of the Forex sphere is the super low trading fee.

NSBroker Fees

5

NSBroker offers its clients more than 100 financial products. This is not a large number, but the broker’s offered instruments cover a wide range of asset classes (stocks, indices, currency pairs, cryptocurrencies, energy carriers, commodity futures, etc.). Below is the list of the most commonly traded assets here:

Trading Platforms

4

When it comes to Forex trading, MetaQuotes’ platforms are the most commonly used. The legendary MetaTrader 4 trading platform (MT4) has been in the spotlight for years, and now it turns into MetaTrader 5 (MT5), the successor to MT4 with significant upgrades.

The highlights of MT5 include:

• More trading time frames: MT4 only has 9 time frames, while MT5 has 21 time frames. The additions on MT5 are 2-minute, 3-minute, 4-minute, 6-minute, 10-minute, 12-minute, 20-minute, 2-hour, 3-hour, 6-hour, 8-hour, and 12-hour time frames.
• More built-in technical indicators and graphical objects: MT5 has 38 technical indicators and 44 graphical objects. These numbers on MT4 are only 30 and 31 respectively.
• More types of pending orders: MT4 has 4 types of pending orders namely Buy Stop, Sell Stop, Buy Limit, and Sell Limit. In addition to these pending order types, MT5 has two additional ones namely Buy Stop-Limit and Sell Stop-Limit.
• Hedging: MT4 only allows hedging, while MT5 allows both hedging and netting.
• Market Depth & Economic Calendar: only available on MT5

There are two MT5 versions available at NSBroker: MT5 DESKTOP and MT5 MOBILE. The latter is compatible with mobile devices running on Android, iOS, and Windows Mobile operating systems.

Mobile Trading App

5

As mentioned, NSBroker offers a user-friendly MT5 app that can be easily downloaded from Google Play and the App Store. The app is integrated with all functions and tools of MT5 DESKTOP, enabling traders to track the market development and manage their trading accounts on the go

To place an order on the MT5 app, click the “+” button at the top right of the platform, then select the order type, trading volume, and market direction (Buy/Sell).

Market Research

4

NSBroker offers a wide selection of materials and resources to be used for research and learning purposes. Basic knowledge of online trading is brought in the form of articles, videos, webinars, and ebooks. Besides, the broker’s in-house analysts provide market insights on a daily basis, helping traders to stay on top of the market development.

 In trading, an economic calendar is indispensable; it helps traders track important upcoming events that can strongly influence the market movement. Understanding this, NSBroker has developed a professional and user-friendly economic calendar dedicated to its clients.

The broker’s economic calendar can display important events and data releases in almost all countries around the world. Traders can also choose to see important events on a specific day.

Note: MetaTrader 5 also has a built-in economic calendar, which is located at the bottom of the platform.

Customer Service

4

The importance of a broker’s customer support team is indisputable. When facing technical trading issues or needing urgent help, who will you reach out to? The support team, of course!

NSBroker’s customer service is available 24/5 in 7 languages: English, Russian, Spanish, German, French, Italian, and Arabic. The broker’s technical specialists are available between 08:00 and 20:00 (GMT+3) every business day.

You can contact NSBroker’s representatives by the following 3 ways:

• Phone:
  • +44 (208) 089-08-14 – London
  • +43 (720) 02-25-09 – Austria
  • +356 (27) 78-09-42 – Malta
• Live Chat: On the broker’s official site
• Email: help@nsbroker.com

You can also request a callback from the broker’s support team by clicking the Telephone button in the bottom right corner of the contact page.

We have conducted a communication test with the NSBroker support team. Here are our statistics on the average response time of their representatives after 50 attempts:

• Phone: 6.4 seconds
• Live Chat: 15.2 seconds
• Email / Ticket: 5 hours

These numbers show that the response speed of the NSBroker support team is relatively fast. Therefore, you can rest assured when trading here.

Address: Malta, 168 St Christopher Street, Valletta VLT 1467, MALTA

Phone: +44 (208) 089-08-14
+43 (720) 02-25-09
+356 (27) 78-09-42

Email: help@nsbroker.com