NFC
NFC (or New Financial Center)
NFC (or New Financial Center) is a Forex broker that supposedly offers a revolutionary approach to trading backed by years of experience. The intermediary works with assets such as cryptocurrencies, indices, securities, options, futures, currencies, and much more. This market participant claims to operate in over 100 countries, with 46 thousand open accounts and five million completed payouts.
Company Offices
The NFC brand is a subsidiary project of E.T.K. Inc LTD, registered in the Marshall Islands. Another organization mentioned is Solid IT Wealth LTD, which acts as the broker’s payment agent. According to the website’s data, the project was launched in 2009. A license from the FCA regulator is mentioned. Contact details are provided for feedback, including two phone numbers, a mailing address, and a form for direct messaging from the resource.
New Financial Center Trading Conditions
The NFC Forex broker provides access to over 400 assets, including currencies, cryptocurrencies, commodities, indices, options, futures, securities, and CFD contracts. There is no demo account available on the platform. The trading terminal, as per the information provided, stands out for its modernity, quality, and extensive range of tools, although its name is not specified.
For convenience, the broker has developed 4 tariffs, each tailored to clients with different amounts of funds available for investment:
- Basic. The package includes a leverage ratio of 1:500, introductory training, 24/5 technical support, account support by a financial expert, floating spreads, a basic range of assets, an individual business plan, a unique trading strategy, and BBB-class signals. The required deposit for this account is $5,000.
- Standard. The conditions of this tariff are identical to the previous one, except for BBA-class trading signals. The minimum investment size starts from $10,000.
- Premium. The optional features and services of this package differ from the Standard account only in the class of trading signals (BAA for this tariff), but for these changes, you will need to pay a bit more, starting from $25,000 USD.
- VIP. Creating a trading strategy and business plan, support 5 days a week, leverage of 1:500, financial expert support, formation and moderation of an individual investment portfolio, AAA-class signals — these and other benefits await investors who have invested over $50,000 in the system.
NFC Account Funding and Withdrawal
Regarding fund deposits and withdrawals, there is very little information about this on the website. In the footer, only payment systems through which the broker operates are listed: Visa, MasterCard, Maestro, Wire Transfer, UPay Card. All other payment details are described in the company’s Client Agreement: there are commissions and fees (their size and percentage are not specified), withdrawals are processed 30 days after the application is submitted, the client must settle the debt within two days (assuming the client used leverage and incurred a loss), the company charges $50 monthly for account inactivity exceeding 30 days.
Conclusion
Despite claims of international operations, years of experience, and unique trading conditions, NFC broker tends to conceal some necessary information: payment data and details, commission sizes, penalties, copies of licenses, and legal documents. We recommend carefully verifying the registration of this intermediary and seeking assistance from industry specialists to make an informed decision.