NFG Finance offers to open a brokerage account and start trading financial assets using leverage. The broker was founded by a team of experienced experts in the Forex industry, but the founding date remains unknown. Despite its headquarters in the United Kingdom, the company has not obtained a license from the Financial Conduct Authority, which is a requirement for any British intermediary. According to the official website, the platform is not regulated at all. The absence of registration documents is also a concern. This looks highly suspicious. Can such a broker be trusted?
How to Trade
The minimum deposit to start trading is quite high – £5,000. Leverage ranges from 1:20 to 1:100, depending on the selected tariff plan. The higher the account type, the more favorable the conditions and the more additional service is available:
Trading assistance.
Minimum guaranteed monthly ROI 9%-15%.
Bonus 50%-100%.
Portfolio Management.
Clients have access to various asset classes: forex, metals, indices, commodities, cryptocurrencies, and stocks. However, NFG Finance only offers CFDs, with no spot or futures instruments.
The broker provides access to additional widgets: a news feed and online quotes of popular assets. There is also an FAQ and basic information about the traded market classes.
NFG Finance Vital Info
The founding date is not disclosed on the official website, hinting at a likely short operating period of the company. The approximate launch date of the platform can be deduced from the domain registration date. So, the domain was registered on July 7, 2023. Around then, the brokerage organization was likely established. And since February 2024, the company has been at nfg-finance.com.
What about the license? Any British broker must obtain a license from the FCA. However, if you check the financial commission’s registry, you will find that NFG Finance is not listed. It means the firm operates without regulation.
In the Companies House register of legal entities, there is a firm with a similar name. However, its legal address is entirely different, not Churchill Place, London E14 5EU. Is the broker really based in the UK?
FAQ
What are the key facts about NFG Finance?
The company claims to be registered in the United Kingdom, but it is not found in the register. There is an organization with a similar name and a different legal address, contacts, and it is unlikely to be the subject of our review. Moreover, the broker did not obtain a license from the FCA, although it is obliged to do so. The founding date is not disclosed because the platform was launched only in the summer of 2023. Who are the founders? This is unknown, as is the business model, which is likely 100% b-book.
What's the risk to my wallet when working with this broker?
A young firm without a license is a significant risk for client deposits. Depositing funds in NFG Finance might work, but withdrawing funds is unlikely. Such brokers often engage in fraud, which involves simply refusing to withdraw money. Not to exclude outright manipulation of quotes and using other tactics against clients.
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The Goods & The Bads
Offering small and safe leverage.
Several types of accounts.
Inadequate requirements for a minimum deposit.
Lack of a license.
The dealing desk business model - it is a conflict of interest.
The operating period is less than a year. A young domain of the site.
Low popularity.
Great doubt about the existence of a legal entity.
I can't say anything good about the dump called nfg finance. it's an ordinary scambroker, operating absolutely illegally. you should not even consider such firms. here are zero guarantees because there are no licenses, insurance, or other positive factors.
Nfg finance is involved in blatant fraud. I checked this out from my own experience, investing more than 3,000 dollars in a fake platform. It was an extremely upsetting and sad experience, but it's an experience. The mistake in choosing a broker cost me dearly. I thought I was going to work with a safe intermediary, but instead, I fell into a scam broker that doesn't even exist legally! There's only the nfgfinance.com website and nothing more. No details, and the legal address is fake because there is no such firm at this address. Scammers take for fools those who visit their fake sites. There is no brokerage, only ordinary fraud. Traders are deceived with the aim of stealing their money. My 3,000 dollars are gone and cannot be returned. If only I could turn back time, I would never have transferred money to these crooks and criminals. I hope my review helps at least one person save their deposit.
Always engage in fact-checking, and verify the companies you plan to work with. If you wanna trade with NFG Finance, you need to check this firm thoroughly. If the people who fell for this fraudulent scheme had checked what it represents, its red flags, and what's suspicious about it, believe me, they definitely would not have invested here.
Firstly, there's no license, no regulator overseeing this pseudo-broker's activities. Secondly, the operating period is less than six months. There are too few mentions of the firm on the internet, and the domain of the official website was registered in July this year. Thirdly, as you can see, there are no legal documents, although this point should be mandatory. Fourthly, there are no details, no names, no branches, no partnerships. The company is a total no-name.
If people really checked this scam, they would understand that this firm is not suitable for trading.
Scammers have stolen another brand and are presenting fake brokerage services. NFG Finance was indeed registered in England in 2016 and even received a license from the FCA in 2020. But it is not the same company that you can see on the fake site nfgfinance.com. These are two completely different entities. And the scammers are doing very badly and acting illegally. They invented this fraud scheme to deceive people. Under the guise of a serious organization, they steal money. Moreover, they order fake positive reviews on the internet to attract more and more fools with money, whom they then scam. Be careful!
If someone didn't know, the company seems honest. I just didn't check the firm, but it looks more or less normal. The conditions here are so-so, but NFG Finance is probably regulated. At least, on the FCA register, I see such a firm with a similar name. It still needs to be verified whether it is the same brokerage organization or not. Perhaps, just another broker with a similar name. This scenario is also possible.
If they improved the conditions, added a demo account, and connected a better platform, it would be one of the best CFD brokers not only in Europe but also globally. I think the people at www.nfgfinance.com are not fools, they understand the situation well, and I hope they are resolving it in a positive way for clients.
The broker offers a good opportunity for earning. The spreads are small, and the commission is also low. The broker does not interfere in the trading process. Be one hundred percent sure that none of the managers will spam you with phone calls. No one will try to sell you anything here, no one will scam you for money. This simply doesn't exist here, they don't need it.
Understand, it's a serious organization that earns from commissions. They don't need attempts to extract something. It is an honest intermediary, where you can trade profitably and make money, where you can easily withdraw profits, earning serious money. British brokers are some of the most reliable. You can believe me.
This September, I tried working with nfgfinance. I didn't like it. The platform is too inconvenient, and the functionality is too limited. You can't make any proper options there, even autotrading is missing. The terminal is absolutely not adapted for serious trading.
Commissions and spreads are very high, so it's hard to trade profitably. Also, the platform often hangs, which adds stress and problems. So I don't know how people can trade normally in nfg finance.
I lost my entire deposit due to unfavorable conditions. In the end, I went on a tilt, entered a large volume, and got wiped out. Hello, margin call. It's frustrating, so I can't recommend the platform.
NFG FINANCE - Scammers and crooks!!! NFGFINANCE COM - SCAM!! DO NOT BELIEVE THEM!!!. SCAMMERS!!! ATTENTION!!! It's yet another site of crooks and scammers. Do not believe them. Whatever they sing in your ears – DO NOT BELIEVE!!!
I can't say anything good about the dump called nfg finance. it's an ordinary scambroker, operating absolutely illegally. you should not even consider such firms. here are zero guarantees because there are no licenses, insurance, or other positive factors.
Nfg finance is involved in blatant fraud. I checked this out from my own experience, investing more than 3,000 dollars in a fake platform. It was an extremely upsetting and sad experience, but it's an experience. The mistake in choosing a broker cost me dearly. I thought I was going to work with a safe intermediary, but instead, I fell into a scam broker that doesn't even exist legally! There's only the nfgfinance.com website and nothing more. No details, and the legal address is fake because there is no such firm at this address. Scammers take for fools those who visit their fake sites. There is no brokerage, only ordinary fraud. Traders are deceived with the aim of stealing their money. My 3,000 dollars are gone and cannot be returned. If only I could turn back time, I would never have transferred money to these crooks and criminals. I hope my review helps at least one person save their deposit.
Always engage in fact-checking, and verify the companies you plan to work with. If you wanna trade with NFG Finance, you need to check this firm thoroughly. If the people who fell for this fraudulent scheme had checked what it represents, its red flags, and what's suspicious about it, believe me, they definitely would not have invested here.
Firstly, there's no license, no regulator overseeing this pseudo-broker's activities. Secondly, the operating period is less than six months. There are too few mentions of the firm on the internet, and the domain of the official website was registered in July this year. Thirdly, as you can see, there are no legal documents, although this point should be mandatory. Fourthly, there are no details, no names, no branches, no partnerships. The company is a total no-name.
If people really checked this scam, they would understand that this firm is not suitable for trading.
Scammers have stolen another brand and are presenting fake brokerage services. NFG Finance was indeed registered in England in 2016 and even received a license from the FCA in 2020. But it is not the same company that you can see on the fake site nfgfinance.com. These are two completely different entities. And the scammers are doing very badly and acting illegally. They invented this fraud scheme to deceive people. Under the guise of a serious organization, they steal money. Moreover, they order fake positive reviews on the internet to attract more and more fools with money, whom they then scam. Be careful!
If someone didn't know, the company seems honest. I just didn't check the firm, but it looks more or less normal. The conditions here are so-so, but NFG Finance is probably regulated. At least, on the FCA register, I see such a firm with a similar name. It still needs to be verified whether it is the same brokerage organization or not. Perhaps, just another broker with a similar name. This scenario is also possible.
If they improved the conditions, added a demo account, and connected a better platform, it would be one of the best CFD brokers not only in Europe but also globally. I think the people at www.nfgfinance.com are not fools, they understand the situation well, and I hope they are resolving it in a positive way for clients.
The broker offers a good opportunity for earning. The spreads are small, and the commission is also low. The broker does not interfere in the trading process. Be one hundred percent sure that none of the managers will spam you with phone calls. No one will try to sell you anything here, no one will scam you for money. This simply doesn't exist here, they don't need it.
Understand, it's a serious organization that earns from commissions. They don't need attempts to extract something. It is an honest intermediary, where you can trade profitably and make money, where you can easily withdraw profits, earning serious money. British brokers are some of the most reliable. You can believe me.
This September, I tried working with nfgfinance. I didn't like it. The platform is too inconvenient, and the functionality is too limited. You can't make any proper options there, even autotrading is missing. The terminal is absolutely not adapted for serious trading.
Commissions and spreads are very high, so it's hard to trade profitably. Also, the platform often hangs, which adds stress and problems. So I don't know how people can trade normally in nfg finance.
I lost my entire deposit due to unfavorable conditions. In the end, I went on a tilt, entered a large volume, and got wiped out. Hello, margin call. It's frustrating, so I can't recommend the platform.
NFG FINANCE - Scammers and crooks!!! NFGFINANCE COM - SCAM!! DO NOT BELIEVE THEM!!!. SCAMMERS!!! ATTENTION!!! It's yet another site of crooks and scammers. Do not believe them. Whatever they sing in your ears – DO NOT BELIEVE!!!