Introduction
NBH Markets (NBHM) LLC is a broker specializing in forex, precious metals, and indices, backed by physical gold. It is part of the National Bullion House Group, headquartered in Dubai, alongside NBH Markets Limited. Previously known as NBH Markets Co. Ltd, the company was established in 2018 in Cyprus and is regulated by the Cyprus Securities and Exchange Commission (CySEC) under license number 208/13.
Trading Instruments
Investors can access over 60 markets through a single account, including CFDs on forex, cash indices, and precious metals. Forex is the most prominent offering, with 44 major and minor currency pairs available. In addition, NBH Markets provides access to popular cash indices such as DE30cash, as well as precious metals like gold and silver.
Minimum Deposit
NBH Markets offers three account types:
- Standard: minimum deposit $500
- Professional: minimum deposit $25,000
- Elite: minimum deposit $50,000
The entry-level requirement of $500 for a Standard account is considered relatively high compared to industry standards.
Leverage
As a Cyprus-regulated broker, NBH Markets complies with ESMA rules, offering maximum leverage of 1:30 for retail clients. Professional traders, however, may access higher leverage levels.
Spreads & Commissions
NBH Markets applies floating spreads, which vary by account type:
- Standard: from 1.6 pips, no commission
- Pro: from 0.2 pips, $2.5 per $100,000 traded
- Elite: from 0.0 pips, $20 per $1 million traded
While Pro and Elite accounts provide more competitive spreads, their high minimum deposit requirements make them less accessible for many traders.
Trading Platforms
NBH Markets supports both MetaTrader 4 (MT4) and MetaTrader 5 (MT5):
- MT4: offers 9 timeframes, 30 built-in indicators, over 2,000 free custom indicators, and 24 analytical objects for market forecasting.
- MT5: adds 12 timeframes, 8 extra built-in indicators, one-click trading, and an integrated economic calendar.
Both MT4 and MT5 are available for desktop, mobile, and web-based cloud access.
Deposits & Withdrawals
NBH Markets supports deposits and withdrawals via Visa/MasterCard, e-wallets, and bank transfers.
- Deposits: free for cards and bank transfers; e-wallets incur fees (ADV Cash 0.3%, Fasapay 0.75%, Globe Pay 4%, Pay Trust 3%).
- Withdrawals: processed the same day for most methods; bank transfers take 3–5 business days. E-wallet withdrawal fees apply: Skrill 1.5%, Neteller 2.5%, Globe Pay 1.5%, Pay Trust 1.8%. A minimum withdrawal of $5 is required.
Trading Hours
NBH Markets operates 24/5 for forex trading. Precious metals, however, follow different trading hours, so clients are advised to check directly with NBH Markets for specific market details.
Customer Support
NBH Markets provides 24/6 customer support, including live chat on its website. The support team is generally regarded as responsive and professional.
Conclusion
NBH Markets offers a wide range of products, the popular MT4/MT5 platforms, and strong customer support. However, its relatively high minimum deposits and strict trading conditions may not suit all investors. The broker could be a good fit for professional traders or those seeking exposure to precious metals trading, while beginners may want to carefully consider other options before committing.
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