All Share (J203) = 88 525
Rand / Dollar = 18.09
Rand / Pound = 23.51
Rand / Euro = 19.76
Gold (usd/oz) = 2 999.98
Platinum (usd/oz) = 1 001.51
Brent (usd/barrel) = 70.95
Trade +10,000 CFDs with Tight Raw Spreads. – Trade Now!

NBH Markets Review

NBH Markets Review South Africa

 

Overall NBH Markets is considered low-risk, with an overall rating of 5/10. NBH Markets offers trading of currencies, indices, CFDs and commodities. NBH Markets provides its clients with advanced technology for efficient trading through MetaTrader4 and the MetaTrader5.

 

NBH Markets Review – 17 Key Point Quick Overview Revealed (2025):

  1. ☑️NBH Markets Overview
  2. ☑️NBH Markets Safety and Security
  3. ☑️NBH Markets Pros and Cons
  4. NBH Markets Leverage
  5. NBH Markets Account Types
  6. NBH Markets Market instruments
  7. NBH Markets Fees and Spreads
  8. NBH Markets Deposits and Withdrawals
  9. NBH Markets Trading platform
  10. How to open an account with NBH Markets
  11. NBH Markets Customer support
  12. NBH Markets Education
  13. NBH Markets Research
  14. NBH Markets Awards
  15. NBH Markets Current Popularity Trend
  16. Conclusion
  17. Disclaimer

 

 

NBH Markets Overview

NBH Markets Overview

 

According to research in South Africa, NBH Markets EU is a hybrid broker that was founded in 2018 and is headquartered in St. Vincent and the Grenadines. NBH Markets is registered as an International Business Company in the St. Vincent and the Grenadines.

 

This entity is not regulated by a globally-recognised financial regulator but operates as a white label of NBH Markets EU Ltd which is registered in Cyprus and regulated by the Cyprus Securities and Exchange Commission (CySEC).

 

NBH Markets claims to protect client funds by keeping them separate from the broker’s own funds, as well as to hold funds in credible banks. Additionally, NBH Markets states that client funds are covered up to EUR 5,000,000 by Lloyds Insurance and that it is also protected by a sophisticated array of cyber security measures.

 

NBH Markets offers trading of currencies, indices, CFDs and commodities but does not accept clients from the United States or Japan. NBH Markets has solid roots in gold trading and investment and is the only brokerage firm with gold-backed stability offered by the National Bullion House.

 

NBH Markets Safety and Security

NBH Markets Safety and Security

 

One of the best benchmarks to measure the safety of a broker like NBH Markets is to establish which regulating authorities are watchdogs over its actions.

 

NBH Markets is owned by NBH Markets EU Limited, previously known as FIDELISCM (Cyprus) LTD. This company is authorised by the Cyprus Securities and Exchange Commission (CySEC) to provide financial services and investment advice since 2013.

 

Regulation in Cyprus is relatively well-balanced. Brokers licensed by the entity have to meet certain rules and requirements introduced both on local and on an EU level. This provides valuable guarantees to clients, such as the fact that Cypriot brokers have to hold a minimum capital of at least €730 000 and maintain it at all times.

 

They must also keep client funds separately from the company’s operational assets, regularly report executed transactions and more. Companies like NBH Markets also have to comply with ESMA’s rules on leverage, trading incentives and the provision of negative balance protection.

 

NBH Markets offers protection through membership of the Investors’ Compensation Fund, with eligibility depending on the status and nature of the claim. NBH Markets EU uses only reputable and credible European banks for clients depositing their funds.

 

NBH Markets EU provides an automated risk management system through its platforms that ensures that a client’s account balances will never go negative. NBH Markets claims that all its account funding methods have an SSL Security which allows sensitive information, such as credit cards and account details, to be transmitted securely.

 

NBH Markets Pros and Cons

✔️ Pros❌ Cons
Commission-free accounts availableOnly accounts available are in USD
Can trade on MetaTrader4 or MetaTrader5 trading platformsMinimum bank wire transfer amount is $25,000
High leverage up to 1:500
Forex, indices, precious metals and energies available
Zero fees on deposits

 

NBH Markets Leverage

NBH Markets Leverage

 

Leverage is a facility that enables you to get a much larger exposure to the market you are trading than the amount you deposited to open the trade. Leveraged products, such as forex trading, magnify your potential profit – but also increase your potential loss.

 

Leverage is expressed as a ratio, for instance 50:1, 100:1, or 500:1. Assuming that you have $1,000 in your trading account and you trade ticket sizes of 500,000 USD/JPY, your leverage will equate 500:1.

 

Margin is the amount of collateral to cover any credit risks that may arise during your trading operations. It is expressed as the percentage of position size (e.g. 5% or 1%), and you have to have funds in your trading account to ensure sufficient margin.

 

NBH Markets offers leverage in line with ESMA’s guidelines, which means up to 1:30 for retail clients. Since more aggressive traders would find this insufficient, NBH Markets offers an alternative for them to become professional clients in order to get higher leverage levels and other perks.

 

They however have to hold an account balance of at least €500,000 and will lose some of the main benefits like negative balance protection and compensation coverage.

 

NBH Markets Account Types

NBH Markets Account Types

 

A forex account at NBH Markets is a trading account that you will hold and that will work similarly to your bank account, but with the difference that it is primarily issued with the purpose of trading on currencies.

 

Forex Islamic accounts are also known as swap-free accounts as they imply no swap or rollover interest on overnight positions, which is against Islamic faith. Often, the number and type of accounts that a trader can open with a broker company differs depending on the country in which it operates and the regulation authorities under whose jurisdiction it falls.

 

In the case of NBH Markets clients can choose from three account types, a Standard, Pro and Elite and they can be funded with USD currency. The broker also offers the use of a demo trading account and optional Islamic, or swap-free accounts.

 

NBH Markets Standard Account

This requires just $100, the lowest deposit amount to open an account but spreads are higher than the other accounts, starting from 1.6 pips and users can trade with zero commissions.

 

NBH Markets Pro Account

This requires $5,000 deposit to open, but spreads start from 0.2 pips. This account type also charges a commission of $2.50 per 1 side, per 100,00 units traded.

 

NBH Markets Ltd Elite Account

This requires a minimum deposit of $25,000 and traders can access spreads from just 0 pips and commission of $1 per 1 side, per 100,000 units traded.

 

NBH Markets Market instruments

NBH Markets Market instruments

 

The most popular market instruments available from most brokers for trading include:

 

Forex

Forex trading, currency trading, or FX trading describes the currency exchange market which refers to the global, decentralised marketplace where individuals, companies and financial institutions exchange currencies for one another at floating rates.

 

Commodities

Along with currency exchange markets, commodity markets offer many investment opportunities for traders. Investing in contract-based tradable goods is a reliable way to mitigate risk during times of inflation or economic uncertainty.

 

Indices

Equity indices, or stock indices, are actual stock market indexes which measure the value of a specific section of a stock market.

 

Precious metals

The trading of gold and other precious metals, along with crude oil, copper or petroleum, are hard commodities that play a major role in the commodities market and are contract-based tradable goods.

 

Apart from forex trading, long-term investing in gold and other precious metals is worldwide a popular way of portfolio risk management during times of inflation or economic or political uncertainty.

 

Energy

The typical feature of energy prices is high volatility due to the influence of political and environmental factors, supply and demand, extreme weather conditions and global economic growth. NBH Markets Ltd offers clients the ability to trade on more than 60 different instruments. This includes 44+ Forex pairs, CFD trading on 6 Indices, 3 Energies and 2 Metals.

 

Precious Metals CFDs on Spot Metals like Gold and Silver can be traded, as well CFDs on popular Cash Indices such as the S&P 500, and CFDs on Spot Energies such as Brent oil, WTI and Natural Gas.

 

 

NBH Markets Fees and Spreads

NBH Markets Fees and Spreads

 

Due to its various account types NBH Markets may offer different fee structures too, according to their features. Cost depends on different factors, like spread and margins. Spreads and swaps of individual markets also vary depending on which asset class it is.

 

The spread of a currency pair is the difference between the bid and the ask rate. A pip represents the smallest increment that an exchange rate can move. One pip is 0.01 for currency pairs with JPY as the term currency and 0.0001 for all other pairs.

 

Margin is the amount of money required in your account in order to open a position. Margin is calculated based on the current price of the base currency against USD, the size (volume) of the position and the leverage applied to your trading account.

 

Trading costs such as spreads and overnight funding (swap) rates vary depending on the instrument being traded and the account type. For example, spreads start from 1.6 pips on the Standard Account, 0.2 pips on the Pro Account and 0 pips on the Elite Account, as advertised on the broker’s website.

 

NBH Markets Deposits and Withdrawals

NBH Markets Deposits and Withdrawals

 

📍 NBH Markets offers a variety of ways to deposit and withdraw funds, including:

➡️ debit and credit cards

➡️ bank wire transfers

➡️ PayPal

➡️ Neteller

➡️ Skrill

➡️ Webmoney

➡️ Globepay

➡️ Fasapay

➡️ Unionpay

➡️ Wire Transfer

 

Withdrawal options include FasaPay, Neteller, PayPal, Skrill, Union Pay, Webmoney and Wire transfer. The broker offers a ‘Zero Withdrawal Fees Policy’ meaning that the only fees charged will be from the client’s bank or credit card. All deposits as from $5,000 are also included in their zero-fees policy.

 

Customer card details are protected using Transport Layer encryption – TLS 1.2 and application layer with algorithm AES and key length 256 bit.

 

NBH Markets Trading platform

NBH Markets Trading platform

 

The forex trading platform provided by NBH Markets to its clients is in essence the software to carry out their trades. A multi-asset trading platform is one that allows clients to trade forex but other asset classes, including CFDs on stocks, stock indices, precious metals, and cryptocurrencies as well.

 

The decision about which platform to choose will always depend on what a client would like to trade. NBH Markets provides its clients with advanced technology for efficient trading through MetaTrader4 and the MetaTrader5, two of the most powerful trading platforms in the industry.

 

These offer clients automated technical analysis and trading operations, ultra-low latency data center colocation, and are compatible with Windows, Mac OS and Linux. MT5 clients can trade in OTC products and exchange-traded stocks from one and the same account.

 

How to open an account with NBH Markets

The NBH Markets review process of opening a new account is fully digital, hassle-free and fast. Similarly to a bank, if you want to register a forex trading account with NBH Markets for the first time, you will be required to go through a basic “know your customer” process.

 

This will allow NBH Markets to make sure that your submitted personal details are correct and the safety of your funds and your account details are ensured. After the initial registration you will normally be emailed your login details that will correspond to a login on a trading platform matching your type of account.

 

Step 1 – Select the register option

 

To open a live account, users can click on the ‘Open a Live Account’ button on NBH Markets’ homepage which will take them to a Sign Up page.

How to open an account with NBH Markets step 1

 

Step 2 – Fill out the form.

After completing the application form users must confirm their identity with ID and proof of address and then fund their account.

 

NBH Markets Customer support

Potential traders need to make sure the broker company they choose will offer support whenever they may need it, in order to help customers to easily find the exact answers to their questions and offer them the best user experience.

 

In the case of NBH Markets they offer support via live chat, phone, email and a web contact call back form in multiple languages between 09:00 and 17:00 Monday to Friday. Support is available in English, Hindi, Arabic, Greek, Spanish, Latvian, Russian and Romanian. NBH Markets is also on social media platforms Facebook, Twitter and LinkedIn.

 

NBH Markets Education

Before starting to trade, potential clients of NBH Markets should avail themselves of all possible information and trading skills needed to be successful in the world of forex and commodity trading.

 

If NBH Markets’ website itself does not provide enough means, a trader should explore other informative websites and means to obtain that knowledge. NBH Markets provides free educational online video courses, e-book and technical analysis with the latest news live on the client portal for all clients.

 

NBH Markets Research

To be able to trade with confidence and success, potential traders should do as much possible research about this kind of speculative trading before commencing, but also preceding every daring deal.

 

This will ensure that they don’t lose money unnecessarily but make their trade as profitable as possible. NBH Markets provides free educational online video courses, e-book and technical analysis with the latest news.

 

NBH Markets also has a blog to gain access to expert market analysis and learn more about trading. Clients can read articles, watch videos, and get notified about alerts and updates.

 

NBH Markets Awards

Being an awarded company instills extra confidence in traders.  No information about awards won by NBH Markets is however available on its website.

 

NBH Markets Current Popularity Trend

As According to Google Trends, here is an overview of how frequently the search term – “NBH Markets” is entered into Google’s search engine over a given period of time.

 

 

Conclusion

NBH Markets can be summarily described as a worthwhile company for potential traders, as it is a registered and a white label division of NBH Markets EU Ltd.

 

NBH Markets Ltd offers a zero-fee policy for deposits and withdrawals, as well as a wide range of funding and withdrawal methods. Unfortunately, there is little trader research or educational tools available.

 

Disclaimer

NBH Markets warns all potential customers that Forex and CFDs trading always carries a high level of risk and may not be suitable for all investors.

 

Before deciding to trade the products offered by NBH Markets, potential traders are advised to carefully consider their investment objectives, financial situation, needs and level of experience before investing money they cannot afford to lose.

 

NBH Markets warns that margin trading involves the potential for profit as well as the risk of loss and that movements in the price of foreign exchange and commodities are very unpredictable. Therefore NBH Markets cannot guarantee a maximum loss that a trader may suffer, according to research in South Africa.

 

5/5 - (5 votes)

Written by:

Louis Schoeman

Edited by:

Skerdian Meta

Fact checked by:

Arslan Butt

Updated:

April 25, 2023

Written by:

Louis Schoeman

Featured SA Shares Writer and Forex Analyst.

I am an expert in brokerage safety, adept at spotting scam brokers in mere seconds. My guidance, rooted in my firsthand experience with brokers and an in-depth understanding of the regulatory framework, has safeguarded hundreds of users from fraudulent brokerage activities.

Edited by:

Skerdian Meta

Leading Analyst

Skerdian Meta FXL’s Heading Analyst is a professional Forex trader and market analyst and has been actively engaged in market analysis for the past 10 years. Before becoming our leading analyst, Skerdian served as a trader and market analyst at Saxo Bank’s local branch, Aksioner, the forex division and traded small investor’s funds for two years.

Fact checked by:

Arslan Butt

Commodities & Indices Analyst

Arslan Butt, a financial expert with an MBA in Behavioral Finance, leads commodities and indices analysis. His experience as a senior analyst and market knowledge (including day trading) fuel his insightful work on cryptocurrency and forex markets, published in respected outlets like ForexCrunch.

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