Review summary
NFM is a broker registered in Cyprus with an operational history of 5-10 years. This entity exhibits a highly suspicious scope of business and, crucially, holds no valid authoritative forex trading licenses from established regulators such as the FCA, CySEC, or ASIC. According to WikiFX data, the broker's overall risk assessment score of 1.61 reflects a profound deficit in regulatory oversight and fundamental operational safeguards. The absence of a regulated framework means client funds lack formal protection mechanisms like segregation and investor compensation schemes. The combination of an unlicensed status and a suspicious business profile necessitates that prospective traders exercise extreme caution before engaging with this broker. Note: Regulatory status, trading conditions, and risk assessments may vary by jurisdiction. The WikiFX score reflects currently available information.Please verify all entity details independently before trading. (Updated: 2026-03-25)
