ANSWER NBI Markets (NBI INVESTMENTS LIMITED) is not a regulated or licensed broker for traders even though it states offers that look good to be true. NBI Markets claims to be a "CONSOB company" and regulated by the United Kingdom Financial Conduct Authority (FCA), Australian Securities & Investment Commission (ASIC), and the Financial Services Conduct Authority (FSCA) of South Africa. We searched FCA and found that the company is running off its UK business and cannot deal with new customers. And we did not find any match results for this broker in ASIC or FSCA. Moreover, the Italy Commissione Nazionale per le Società e la Borsa (CONSOB) issued a warning that NBI Markets was not authorized to provide financial services. You can check the full warning from here. The truth is, NBI Markets is not overseen by any regulators. That means your personal data or your funds in this broker are unsafe and cannot be protected by any law. We would recommend traders stay away from unregulated brokers like NBI Markets and trade with licensed brokers.
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