Is NGLFX a legit or a scam? NGLFX Review

FTI's top 100 forex brokers you can Beijing Public Resource Trading Service Platformrefer to for selection. If it is not in the top 100, you should pay special attention to the broker's main white label relationships and risk tips.

Today, I want to help you evaluate a Forex broker. Some investors report that this Forex broker advertises high-yield investment opportunities online and wonder whether they are legal and safe.

The name of this broker is NGLFX, founded 3 years ago and ranked 5970 in the world. 

The NGLFX platform was registered with the NFA General in 2020 with the registration number 0533158, which falls under the category of over-limit operations. The platform has now ceased operations. 

FTI risk warning shows that NGLFX has 13 risks. Investors need to pay attention to the relevant risk alerts for this broker.

NGLFX has 3 MT4 servers in China and 1 MT4 servers in Japan. 

The master white label relationship shows that NGLFX has 49 associated brokers. You need to pay attention to whether the associated brokers are running away. This is the business risk of the brokers and the past business history, which can be used as an important reference condition for selecting brokers. The broker relationship data comes from the data of MetaQuotes.

FTI has not received any complaints about NGLFX forex broker at the moment.

Investing is risky. FTI recommends you to check broker information on FTI before forextrustindex and avoid high risk trading platforms.

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