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NCE

Suspected Fraud

NCE

1.26
1.26
Industry Tier:
E
🇨🇳China
1-2 years
Contact
NCE

Suspected Fraud

NCE
🇨🇳China
1-2 years
Contact
1.26
1.26
Industry Tier:
E

Basic Information

Country
China
Industry
Forex
Categories
Services
Forex, precious metals, crude oil, cryptocurrencies, indices, and stocks.
Supported Languages
Simplified Chinese
Domain Registration
2023-07-22
Status
Suspected Fraud
Entity
Download
Risk Scan
Announcement
Documents

User Reviews

1.26

Rated by 0 people

All Rating

No Comment YetNo Comment Yet

Profile & Analysis

Powered by AI
Some content is AI-generated and for reference only; it is not investment advice.
Profile

NCE is an online forex broker specializing in forex, precious metals, crude oil, cryptocurrencies, indices, and stock trading. Details about NCE's registration and establishment date are unclear. Moreover, NCE is the predecessor of ANC (Australian National Coin Exchange PTY LTD), a fraudulent forex broker whose official website is now inaccessible. NCE's official website is https://www.ncetrader.com/, which only offers support in Chinese.

Corporate and Regulatory Information of NCE:

NCE's official website does not disclose any specific information about the company's registration, including the registration address and related details. Simultaneously, the platform does not provide valid regulatory information, suggesting that NCE may not be regulated. According to domain registration data, NCE's website domain was registered on July 22, 2023.

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Account Opening Process at NCE:

  • Visit NCE's official homepage
  • Click the registration button
  • Fill in the necessary information, including name, country, phone number, and email, etc.
  • Complete the registration process following the page's instructions.
4bd7aae6-dcc4-49db-979d-e2a4deb071ae

Market Tools at NCE:

NCE offers its users a wide range of market tools, including forex, precious metals, crude oil, cryptocurrencies, indices, and stocks.

Forex: Traders can choose from 16 currency pairs, including major pairs (such as EUR/USD, GBP/USD) as well as minor and exotic pairs.

Precious Metals: NCE offers its clients the opportunity to delve into this important economic and industrial sector, including rare precious metals valued for their scarcity, beauty, and resistance to corrosion.

Crude Oil: Another significant service offered by NCE. Crude oil, as a basic raw material and key energy source, has prices influenced by supply and demand, geopolitical factors, etc., providing traders with opportunities for fluctuating trades.

Moreover, NCE supports cryptocurrency trading, a digital or virtual currency secured by cryptography ensuring secure transactions and controlling the creation of new units for supply manageability. Thus, NCE provides a diverse market selection, enabling flexible and diversified trading according to individual investment preferences and market conditions.

9ac12c8c-efe1-4910-affc-fcd17ebf3484

Accounts at NCE:

NCE offers two types of accounts for its users: demo accounts and raw spread accounts.

Demo Account: A demo account allows you to experience the financial markets without any risk of loss, providing traders with opportunities to learn and practice.

Raw Spread Account: The minimum deposit for opening a raw spread account is $200, making it relatively accessible. However, lesser capital might reduce loss risk but could also impact profit potential, so accounts with a smaller initial deposit may find the trading conditions to be relatively poor. Investors should weigh the risks and potential returns when choosing account types to meet their investment objectives.

9963217c-8c49-4ee8-aa6a-e37956309de9

Leverage, Spread, and Commission at NCE:

NCE offers its clients flexible trading conditions, including choices in leverage, spreads, and commissions.

In terms of leverage, NCE allows clients to use up to 1:1000 maximum leverage, offering significant trading potential but also presenting potential risks for inexperienced investors. Particularly in Europe and Australia, the maximum leverage for major currencies is 1:30, while it is 1:50 in the USA and Canada. For beginners, it is advised to maintain smaller leverage, not exceeding 1:10, to mitigate potential loss risks.

Spreads and commissions depend on the selected account type. In a standard account, the average spread for EUR/USD starts from 1.6 pips with no commission charges. Meanwhile, the Raw Spread account offers ultra-low raw spreads but comes with a commission starting from $3.8 per lot.

Traders should choose appropriate leverage and account types based on their risk tolerance and experience level to ensure the best trading experience.

Trading Platforms at NCE:

NCE offers the MetaTrader 4 (MT4) trading platform to traders for Windows, Mac, iOS, Android, and Linux devices. MT4 is renowned for its user-friendly interface and powerful features, providing access to a wide range of financial tools, including forex, indices, and commodities.

05f1875d-196c-416d-89a0-53efa8f7b226

Deposits and Withdrawals at NCE:

NCE accepts deposits and withdrawals via USDT and local bank transfers. The broker does not charge any fees for deposits or withdrawals under $20,000. For amounts exceeding $20,000, a minimal fee is charged through the secure ERC-20 chain.

Customer Support at NCE:

NCE only offers customer support through email (support@ncemarkets.com) and official website messages.

Conclusion:

NCE's official website does not disclose detailed corporate registration and regulatory information. Furthermore, the leverage of up to 1:1000 offers a potential high-risk trading environment, especially for inexperienced investors, potentially leading to devastating losses. Although NCE offers demo accounts for learning and practice, beginners may find the trading conditions of its low-threshold raw spread account relatively poor. Customer support is provided only through email and website messages, lacking real-time communication channels. The absence of regulatory information may increase investors' perception of risk as regulation is often a key factor in ensuring platform transparency and the safety of users' funds. Considering these factors, potential investors might need to carefully evaluate whether NCE meets their investment needs and risk tolerance. Currently, NCE is flagged as "Suspected Fraud" on TraderKnows.

FAQ About NCE

01

What is NCE?

NCE is a Forex Broker.

02

When was NCE founded?

NCE was founded in 2023.

03

Where is NCE located?

According to its official website, NCE has not yet disclosed its office location.

04

What is NCE's official website?

NCE's official website is https://www.ncetrader.com/

Industry Tier

E
E
D
C
B
A
S
SS

Risk Warning

TraderKnows is a financial media platform, with information displayed coming from public networks or uploaded by users. TraderKnows does not endorse any trading platform or variety. We bear no responsibility for any trading disputes or losses arising from the use of this information. Please be aware that displayed information may be delayed, and users should independently verify it to ensure its accuracy.

Entity
Download
Risk Scan
Announcement
Documents

User Reviews

1.26

Rated by 0 people

All Rating

No Comment YetNo Comment Yet

Basic Information

Country
China
Industry
Forex
Categories
Services
Forex, precious metals, crude oil, cryptocurrencies, indices, and stocks.
Supported Languages
Simplified Chinese
Domain Registration
2023-07-22
Status
Suspected Fraud

Profile & Analysis

Powered by AI
Some content is AI-generated and for reference only; it is not investment advice.
Profile

NCE is an online forex broker specializing in forex, precious metals, crude oil, cryptocurrencies, indices, and stock trading. Details about NCE's registration and establishment date are unclear. Moreover, NCE is the predecessor of ANC (Australian National Coin Exchange PTY LTD), a fraudulent forex broker whose official website is now inaccessible. NCE's official website is https://www.ncetrader.com/, which only offers support in Chinese.

Corporate and Regulatory Information of NCE:

NCE's official website does not disclose any specific information about the company's registration, including the registration address and related details. Simultaneously, the platform does not provide valid regulatory information, suggesting that NCE may not be regulated. According to domain registration data, NCE's website domain was registered on July 22, 2023.

d6662821-9ce6-4e24-bc4f-ebc2b3f61071

Account Opening Process at NCE:

  • Visit NCE's official homepage
  • Click the registration button
  • Fill in the necessary information, including name, country, phone number, and email, etc.
  • Complete the registration process following the page's instructions.
4bd7aae6-dcc4-49db-979d-e2a4deb071ae

Market Tools at NCE:

NCE offers its users a wide range of market tools, including forex, precious metals, crude oil, cryptocurrencies, indices, and stocks.

Forex: Traders can choose from 16 currency pairs, including major pairs (such as EUR/USD, GBP/USD) as well as minor and exotic pairs.

Precious Metals: NCE offers its clients the opportunity to delve into this important economic and industrial sector, including rare precious metals valued for their scarcity, beauty, and resistance to corrosion.

Crude Oil: Another significant service offered by NCE. Crude oil, as a basic raw material and key energy source, has prices influenced by supply and demand, geopolitical factors, etc., providing traders with opportunities for fluctuating trades.

Moreover, NCE supports cryptocurrency trading, a digital or virtual currency secured by cryptography ensuring secure transactions and controlling the creation of new units for supply manageability. Thus, NCE provides a diverse market selection, enabling flexible and diversified trading according to individual investment preferences and market conditions.

9ac12c8c-efe1-4910-affc-fcd17ebf3484

Accounts at NCE:

NCE offers two types of accounts for its users: demo accounts and raw spread accounts.

Demo Account: A demo account allows you to experience the financial markets without any risk of loss, providing traders with opportunities to learn and practice.

Raw Spread Account: The minimum deposit for opening a raw spread account is $200, making it relatively accessible. However, lesser capital might reduce loss risk but could also impact profit potential, so accounts with a smaller initial deposit may find the trading conditions to be relatively poor. Investors should weigh the risks and potential returns when choosing account types to meet their investment objectives.

9963217c-8c49-4ee8-aa6a-e37956309de9

Leverage, Spread, and Commission at NCE:

NCE offers its clients flexible trading conditions, including choices in leverage, spreads, and commissions.

In terms of leverage, NCE allows clients to use up to 1:1000 maximum leverage, offering significant trading potential but also presenting potential risks for inexperienced investors. Particularly in Europe and Australia, the maximum leverage for major currencies is 1:30, while it is 1:50 in the USA and Canada. For beginners, it is advised to maintain smaller leverage, not exceeding 1:10, to mitigate potential loss risks.

Spreads and commissions depend on the selected account type. In a standard account, the average spread for EUR/USD starts from 1.6 pips with no commission charges. Meanwhile, the Raw Spread account offers ultra-low raw spreads but comes with a commission starting from $3.8 per lot.

Traders should choose appropriate leverage and account types based on their risk tolerance and experience level to ensure the best trading experience.

Trading Platforms at NCE:

NCE offers the MetaTrader 4 (MT4) trading platform to traders for Windows, Mac, iOS, Android, and Linux devices. MT4 is renowned for its user-friendly interface and powerful features, providing access to a wide range of financial tools, including forex, indices, and commodities.

05f1875d-196c-416d-89a0-53efa8f7b226

Deposits and Withdrawals at NCE:

NCE accepts deposits and withdrawals via USDT and local bank transfers. The broker does not charge any fees for deposits or withdrawals under $20,000. For amounts exceeding $20,000, a minimal fee is charged through the secure ERC-20 chain.

Customer Support at NCE:

NCE only offers customer support through email (support@ncemarkets.com) and official website messages.

Conclusion:

NCE's official website does not disclose detailed corporate registration and regulatory information. Furthermore, the leverage of up to 1:1000 offers a potential high-risk trading environment, especially for inexperienced investors, potentially leading to devastating losses. Although NCE offers demo accounts for learning and practice, beginners may find the trading conditions of its low-threshold raw spread account relatively poor. Customer support is provided only through email and website messages, lacking real-time communication channels. The absence of regulatory information may increase investors' perception of risk as regulation is often a key factor in ensuring platform transparency and the safety of users' funds. Considering these factors, potential investors might need to carefully evaluate whether NCE meets their investment needs and risk tolerance. Currently, NCE is flagged as "Suspected Fraud" on TraderKnows.

FAQ About NCE

01

What is NCE?

NCE is a Forex Broker.

02

When was NCE founded?

NCE was founded in 2023.

03

Where is NCE located?

According to its official website, NCE has not yet disclosed its office location.

04

What is NCE's official website?

NCE's official website is https://www.ncetrader.com/

Risk Warning

TraderKnows is a financial media platform, with information displayed coming from public networks or uploaded by users. TraderKnows does not endorse any trading platform or variety. We bear no responsibility for any trading disputes or losses arising from the use of this information. Please be aware that displayed information may be delayed, and users should independently verify it to ensure its accuracy.

Risk Warning
TraderKnows provides a comprehensive database of financial companies, with information sourced from public channels or user submissions, for reference only. We do not verify the compliance of individual companies, and the information provided is not investment advice. Users are encouraged to conduct their own due diligence and make informed decisions. If you suspect any company of illegal activity, please report it to compliance@traderknows.com, and we will review and take appropriate action as necessary.
Risk Warning
TraderKnows provides a comprehensive database of financial companies, with information sourced from public channels or user submissions, for reference only. We do not verify the compliance of individual companies, and the information provided is not investment advice. Users are encouraged to conduct their own due diligence and make informed decisions. If you suspect any company of illegal activity, please report it to compliance@traderknows.com, and we will review and take appropriate action as necessary.

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