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National Bank Financial (NBF) is a safe and legitimate service provider, authorized and regulated by CIRO. With over a century of experience, having been established in 1902, NBF has a solid track record and operates under the legal guidelines established by Canadian financial authorities. The fact that NBF holds a CIRO license means that it follows established standards for transparency, ethics, and fair treatment of clients. CIRO regulation ensures that NBF adheres to strict rules for managing client funds, providing transparency regarding fees and services, and maintaining operational integrity. This regulatory oversight is a crucial element for investors, as it ensures that NBF's operations align with the best practices in financial services. While NBF does not offer the same type of services as retail brokers who engage in forex or crypto trading, it excels in wealth management, portfolio services, and tax planning. However, it’s important to note that despite its strong regulatory framework, the company's offerings are geared toward investors looking for financial planning and advisory services, rather than active trading. If you’re looking for a platform to engage in high-risk trading, NBF might not be the right choice. But for those seeking a trusted financial institution that offers wealth management services with strong regulatory backing, NBF is undoubtedly a safe and legitimate option. The regulation adds credibility to NBF’s operation, ensuring that its services are reliable, transparent, and held to the highest standards of Canadian financial practices.