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Is NCC Bank regulated?

Broker Issues
NCC Bank
Regulation
01-18
United States
WikiFX
Reply

NCC Bank, founded in 1985 and based in Bangladesh, is not a regulated forex or investment broker. While the bank is well-established and provides a range of retail, SME, corporate, and digital banking services, it does not hold a license from the Bangladesh Securities and Exchange Commission (BSEC) or the Bangladesh Bank to offer forex or investment services. This lack of regulatory oversight means that NCC Bank does not meet the typical standards expected of a regulated financial service provider. From my perspective, while the bank offers a variety of reliable banking services, its lack of regulation for investment services raises concerns for anyone considering it for forex or investment trading. If you are looking for basic banking services, you can easily manage your ncc bank account through their platforms.

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