NABDG Information
NABDG is a regulated trading brokerage firm providing access to a diverse range of financial instruments, including Forex, Indices, Stock CFDs, Commondities, Precious Metal, Cryptocurrencies, and more, for online trading through the TradingView platform.
Pros & Cons
Pros
- FinCEN regulated: NABDG is regulated by the Financial Crimes Enforcement Network (FinCEN), ensuring compliance with U.S. financial regulations and standards.
- Multiple Market Instruments: NABDG provides a wide range of instruments, such as Forex, Indices, Stock CFDs, Commondities, Precious Metals, and Cryptocurrencies.
Cons
- Lack of Leverage Information: The official website of NABDG doesn't provide leverage information for its market instruments. The lack of leverage information for a broker can undermine financial stability, transparency, and trust, affecting the brokers ability to operate effectively in the market.
- Commission Charged: Unlike some brokers that offer commission-free trading, NABDG charges an unlimited commission.
Is NABDG Legit？
- Regulatory Sight: NABDG, holding a regulated Crypto-Licence (No. 31000268954364) from the Financial Crimes Enforcement Network (FinCEN). The possession of this license indicates that NABDG adheres to certain regulatory standards aimed at preventing financial crimes, which is a positive indicator of its legitimacy.
- User Feedback: Users should check the reviews and feedback from other clients to gain a more comprehensive sight of the broker, or look for reviews on reputable websites and forums.
- Security Measures: Additionally, NABDG's claim of offering fund protection suggests a focus on safeguarding client assets, further enhancing its credibility as a trustworthy platform.
However, as with any financial institution, every trader should conduct thorough research and consider all aspects of the company's operations and reputation before engaging in transactions or investing funds.
Market Instruments
NABDG provides a comprehensive range of market instruments to cater to the diverse trading needs of its clients.
These instruments include Forex, allowing traders to engage in the largest financial market globally and trade major and exotic currency pairs.
Indices are also available, enabling traders to speculate on the performance of stock market indices from around the world. Traders can access over 15 of the world's indices using this platform.
Stock CFDs offer the opportunity to trade contracts for difference on a wide range of individual company shares, providing exposure to the equity markets. NABDG asserts that traders are able to trade famous company stocks from around the globe and access 5,000+ popular stocks with leverage and low spreads.
Additionally, traders can access Commodities such as Oil and Gold volatility, allowing for diversification and profit opportunities based on commodity price movements.
The inclusion of Precious Metals like gold and silver on different exchanges provides further diversification and a safe-haven asset class for traders looking to hedge against economic uncertainties.
Furthermore, the availability of Cryptocurrencies allows traders to participate in the rapidly evolving digital asset markets, offering opportunities for speculative trading and investment in various cryptocurrencies. Additionally, NABDG claims to provide the lowest trading cost for popular crypto markets.
How to Open an Account？
To open an account, you need to go to NABDG's official website and click on “OPEN ACCOUNT NOW”. Then fill in your personal information in the form below, including your email and phone number. Next, create a password. What's more, you should fill in your username and then select your certificate type and enter ID number. Finally, choose your region, including country, province and city. Once your account is verified, you can start utilizing the services offered by NABDG.
Spreads
NABDG claims to provide competitive spreads for trading, citing examples such as 0.2 pips for AUDUSD and 0.1 pips for EURUSD. It's important for traders to conduct thorough research and analysis before relying solely on such claims. While tight spreads can be appealing, other factors such as execution speed, platform stability, and overall trading conditions also play crucial roles in determining the suitability of a broker.
Trading Platform
Nabdg enhances the trading experience for its clients by offering TradingView as a trading platform, accessible on Android, iOS, and WebTrader. TradingView is a popular and sophisticated charting tool that provides advanced technical analysis capabilities, real-time market data, and customizable charting features. By integrating TradingView into its platform, Nabdg empowers traders with powerful tools to analyze market trends, identify trading opportunities, and make informed decisions.
The availability of TradingView on multiple devices, including mobile and web, ensures that traders can access their trading accounts and charts anytime, anywhere, providing flexibility and convenience for active traders on-the-go.
Deposit & Withdrawal
NABDG doesn't reveal too much info on deposit and withdrawal. We can only know that it accepts MasterCard, Visa, Neteller, Skrill, PayTrust, Bank Transfer, and helpay2 from the icons shown at the foot of their homepage. More info about minimum deposit/withdrawal requirement, accepted currencies, fees, and processing time are not available.
Customer Support
NABDG offers 24/5 multilingual customer support via live chat and email at nabdgltd@gmail.com.
Q&A
Is NABDG regulated？
Yes. It is regulated by FinCEN.
What market instruments does NABDG offer？
Forex, Indices, Stock CFDs, Commondities, Precious Metal, and Cryptocurrencies.
Does NABDG offer demo accounts？
Demo account information was not mentioned.
Does NABDG support MT4/5 trading？
No. Instead, it only offers TradingView.
Risk Warning
Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies.
