Broker Review

Unauthorised Firm Details

Name: Ntwmarkets.com
Website: www.ntwmarkets.com

Overview

NTW Markets is an online trading platform that offers access to a variety of financial instruments, including forex, stocks, cryptocurrencies, indices, and commodities. The platform provides services through the MetaTrader 5 (MT5) trading platform, catering to both novice and experienced traders.

Regulatory Status

NTW Markets claims to be registered in Saint Lucia with the registration number 2025-00138. However, this registration grants it International Business Company (IBC) status, which does not constitute a valid financial license. The Saint Lucia International Financial Centre (IFC) has clarified that it neither regulates nor licenses forex trading activities. Additionally, India currently lacks a regulatory authority overseeing retail forex trading, rendering NTW Markets’ operations in India unregulated and offering no investor protection.

Risk Considerations

Engaging with unregulated platforms like NTW Markets carries inherent risks:

• Lack of Legal Protections: Without regulatory oversight, there are no guarantees regarding the safety of funds or legitimacy of trading practices.

• Potential Withdrawal Issues: Users may encounter difficulties when attempting to withdraw their funds.

• Security Concerns: The absence of independent audits raises questions about the platform’s security and operational reliability.

User Feedback

Reports from users and third-party reviewers indicate concerns about NTW Markets’ practices. Many traders have reported issues related to fund withdrawals, misleading promises, and a lack of transparency. The platform has been flagged as a potential scam in the online trading space.

Conclusion

NTW Markets presents itself as a trading platform offering various financial services. However, the lack of regulatory oversight and potential operational risks suggest that investors should exercise caution. Conducting thorough research and carefully considering one’s risk tolerance are essential before engaging with this platform.