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The WikiFX Score of this broker is reduced because of too many complaints! The WikiFX Score of this broker is reduced because of too many complaints! The WikiFX Score of this broker is reduced because of too many complaints!
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Single Core
1G
40G
Node Capital Group Ltd
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support@ncgforex.com
RM4, 16/F, HO KING COMM CTR, 2-16 FAYUEN ST, MONGKOK KOWLOON HONG KONG
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It has been verified that this broker currently has no valid regulatory, please be aware of the risk!
United StatesNFA (license number: 0543789) The regulatory status is abnormal, the official regulatory status is Unauthorized, please be aware of the risk!
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National Futures Association (NFA) is the industrywide, self-regulatory organization for the U.S. derivatives industry, providing innovative and effective regulatory programs. Designated by the CFTC as a registered futures association, NFA strives every day to safeguard the integrity of the derivatives markets, protect investors and ensure Members meet their regulatory responsibilities.
Current Status:
UnauthorizedLicense Type:
Common Financial Service LicenseRegulated in Country/Area
Regulatory License No.:
0543789Email Address of Licensed Institution :
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General Information & Regulation
Node Capital group Ltd was registered and established in the United Kingdom, a finnacial service provider offering more than 200 trading products including currencies, commodities, stocks and more. Node Capital group Ltd provides the advanced MT4 trading platform and 24/7 customer support for its trades worldwide.
Market Instruments
In terms of tradable financial instruments available, Node Capital group claims that it provides more than 200 trading products such as currency, precious metals, commodities, index, stock and cryptocurrency for global traders.
Minimum Deposit
There are two trading accounts on offer in total: Standard and Prime accounts. The account currencies are available in USD, GBP, CAD, AUD, EUR, SGD, NZD, HKD, JPY. The minimum initial deposit of the Standard account is $100, and the Prime accounts ask traders to at least deposit $1000.
Leverage
In terms of trading leverage, the maximum leverage level offered by Node Capital group for forex trading is up to 1:500, which is considered high. Since leverage can amplify gains as well as losses, traders need to take extra care when using it.
Spreads & Commissions
Spreads and commissions vary depending on different trading accounts. The spread on the EUR/USD pair is from 1.3 pips, and the spread in the Prime account is from 0 pips. The spread on the EURGBP pair is from 1.9 pips, 0.4 pips in the Prime account. No commission related information is mentioned.
Trading Platform Available
When it comes to trading platform, what Node Capital group offers its traders is the industry-recognized and famous MT5 trading platform. MT5 is the latest version of MT4, featuring more technical indicators and timeframes, supporting EA and automated trading.
Deposit & Withdrawal
Available payment methods with Node Capital group include Visa, MasterCard, Union Pay, Skirill, Neteller, and Bank Transfer. Node Capital group claims that the process
Customer Service
The Node Capital Group customer services team can be available 24/7. Traders can reach them through email (support@ncgforex.com). Surprisingly, the company offers online chat consultation. Node Capital Groups official website is multilingual, available in Traditional Chinese, Korean, Spanish, Japanese, Arabic.
The Database of WikiFX comes from the official regulatory authorities , such as the FCA, ASIC, etc. The published content is also based on fairness, objectivity and fact. WikiFX doesn't ask for PR fees, advertising fees, ranking fees, data cleaning fees and other illogical fees. WikiFX will do its utmost to maintain the consistency and synchronization of database with authoritative data sources such as regulatory authorities, but does not guarantee the data to be up to date consistently.
Given the complexity of forex industry, some brokers are issued legal licenses by cheating regulation institutes. If the data published by WikiFX are not in accordance with the fact, please click 'Complaints 'and 'Correction' to inform us. We will check immediately and release the results.
Foreign exchange, precious metals and over-the-counter (OTC) contracts are leveraged products, which have high risks and may lead to losses of your investment principal. Please invest rationally.
Special Note, the content of the Wikifx site is for information purposes only and should not be construed as investment advice. The Forex broker is chosen by the client. The client understands and takes into account all risks arising with Forex trading is not relevant with WikiFX, the client should bear full responsibility for their consequences.