Nelson Financial Solutions is a UK Forex broker incorporated in 2014, providing investors with trading services in forex, commodities, stocks, futures and CFDS. In addition, the company's website shows that it is headquartered in London, England, and does not provide services to investors in jurisdictions where local laws or regulations may be violated, such as Afghanistan, Ghana, Iran, Iraq, Nigeria, Pakistan, Somalia and Syria.
Company background:
The Nelson Financial Solutions website does not provide the company's registration information, only that its contact address is in the UK. But a check on the Companies House website shows the company is registered in the UK. In addition, the domain name registration information of the website queried by Whois shows that the company's official website domain name was registered on March 27, 2023, and the domain name registration time is not more than 1 year ago.
Account Registration:
Nelson Financial Solutions offers investors a link to sign up for a real account, according to the company's website. The way to register a real account is: Click "OPEN REAL ACCOUNT" at the upper right corner of Nelson Financial Solutions' official website to enter the account registration page, and select or fill in the information such as name, Email, phone number, country, account type, password, verification code, etc., to complete the registration of the real account. The Nelson Financial Solutions official account registration page is also available in English and Russian. However, the Nelson Financial Solutions website does not provide registration information for the demo account.
Account Type:
Nelson Financial Solutions offers investors four different types of trading accounts, BEGINNING, PROFESSIONAL, BUSINESS and BUSINESS+, according to its website. In addition, the Nelson Financial Solutions website also provides the differences between the four accounts in terms of minimum deposit amount, trading products, margin (leverage) ratio, commission, trading signals and customer service.
Trading Products:
Nelson Financial Solutions website information shows that the company provides investors with foreign exchange, commodities, stocks, futures, CFDS trading services. In addition, the official website of Nelson Financial Solutions does not provide specific trading products covered by foreign exchange, commodities, stocks, futures, and CFDS, nor does it provide information such as commission, minimum trading unit, maximum trading unit, and overnight interest of specific trading products.
Margin ratio:
Although Nelson Financial Solutions provides the maximum margin (leverage) ratio for Forex, commodities, stocks, futures and CFDS in the "Trading Products", However, the Nelson Financial Solutions website does not provide the full maximum margin (leverage) ratio for specific trading products covered by forex, commodities, stocks, futures, and CFDS.
Trading Hours:
The Nelson Financial Solutions website does not provide trading hours for specific trading products covered by Forex, commodities, stocks, futures, and CFDS.
Deposits and Withdrawals:
The official website of Nelson Financial Solutions provides part of the introduction of deposit and withdrawal policies, but the official website of Nelson Financial Solutions does not provide the deposit and withdrawal channels and methods supported by it, nor does it provide the deposit and withdrawal currencies supported by it. As well as deposit and withdrawal time and deposit and withdrawal fees and other information.
Trading Software:
According to Nelson Financial Solutions' website, the company provides investors with its own trading software, Webtrader, which supports Web and mobile (IOS/Android) versions. However, the Android version of the trading software in some countries or regions, there are problems that cannot be downloaded or downloaded and installed slowly.
Regulatory information:
The Nelson Financial Solutions website does not provide regulatory or licensing information it has obtained. The website of Nelson Financial Solutions shows that the website of the UK Financial Conduct Authority (FCA), the regulator where the company is registered, did not find any regulatory or authorisation information relating to the company.
Summary:
Fraud is suspected at Nelson Financial Solutions. Although the Nelson Financial Solutions website does not provide the company's registration information, a query on the UK Companies House website shows that the company is incorporated in the UK. However, Nelson Financial Solutions' website does not provide any regulatory or authorisation information obtained by it, and its website shows that the website of the UK Financial Conduct Authority (FCA), the regulator where the company is registered, has not queried any regulatory or authorisation information relating to the company. According to this judgment, Nelson Financial Solutions is suspected of fraud, and investors should be careful to choose the services provided by the company. TraderKnows reminds you, please pay attention to your property safety, to avoid falling into the fraud trap.
