Nuoanda is a Contract for Differences (CFD) broker officially registered on February 20, 2024. The broker primarily offers users a variety of trading markets through its in-house trading platform and mobile applications, including forex, stocks, futures, energy, precious metals, cryptocurrencies, CFDs, and more.
Company Registration Information and Regulatory Status:
According to publicly available information on Nuoanda's official website, the broker's headquarters are located in London, with its subsidiaries regulated by the United States Financial Crimes Enforcement Network (FinCEN), with an MSB number of 31000222912096. In addition, the broker is authorized and regulated by the United Kingdom's Financial Conduct Authority (FCA).
Upon verification, neither the United Kingdom's Companies House nor the Financial Conduct Authority (FCA) have records of an entity registered under the name Nuoanda. Moreover, the entity holding the FinCEN MSB number 31000222912096 is SUNDELL LIMITED, not Nuoanda.
Furthermore, the broker's website design and content bear a striking resemblance to those of other brokers such as VTPTRADE, CTRL FX, NASDAQK LIMITED, BROKERNET AUSTRALIA PTY LTD, IVISION, ASEX, among others.
Account Opening:
To open an account with Nuoanda: Visit the broker's official website and click on "Register" on the homepage or the top-right corner of the page. Start by verifying your email. Once verified, set a login password and submit the application. After submission, the account is successfully registered.
Trading Account Information:
Nuoanda has not disclosed any information on its website regarding account types, spreads, trading leverage, margin call/stop out levels, trading commissions, minimum/maximum trade sizes, maximum number of positions/orders, or minimum price precision.
Trading Platform:
Nuoanda offers users its proprietary trading platform.
Deposits and Withdrawals:
Nuoanda has not clearly specified the supported methods for deposits and withdrawals, fees, or minimum deposit and withdrawal amounts on its website.
Summary:
Traderknows warns investors that Nuoanda is a forex scam website with opaque registration and regulatory information, and it is suspected of false advertising. Users can only contact this broker via email, making the means of contact extremely limited. Its official website's design and content use the same template as other broker websites such as VTPTRADE, CTRL FX, NASDAQK LIMITED, BROKERNET AUSTRALIA PTY LTD, IVISION, and ASEX. Traderknows advises investors to choose brokers that are transparent, strongly regulated, and have a good reputation for their investment trading activities to avoid unnecessary financial losses.
Currently, this broker is marked as "Suspected Scam" on Traderknows.
