Nublu Investments Limited lures inexperienced traders with promises of the best trading conditions and the assistance of a professional personal manager. Some may be enticed by special trading accounts, such as those for stock or commodity markets, while others may be attracted by the opportunity to earn up to 37% with monthly payouts on an accumulation account. However, we want to caution potential clients of this company: it is a scam. Here, you will only be at risk of losing your invested funds. Still unsure? Just for you, we have prepared a brief review of the platform.
Table of Contents
|🎲 Demo Account
|⏳ Start Time
|💲 Minimum Deposit
|⚖️ Minimum and Maximum Leverage
|⚙️ Trading Platform
First Impression of Nubluinvestmentsltd.com
The developers of Nublu Investments Limited could undoubtedly win the title of “Most Useless Official Website” among scam brokers. They are the only ones who managed to place only contact information and the minimum deposit amount for each account type on dozens of pages containing vital information for traders. Meanwhile, the main banner on the homepage is occupied by an intriguing video introduction. A small amount of company information can be found in the footer, and that’s about it.
Partnership and Bonuses
The broker offers everyone interested to participate in their partnership program. You can become a representative of the broker or build a network of affiliates. However, in both cases, the company does not openly disclose the specific rewards you can expect. As for the affiliate network, you will receive compensation for the first 30 days of trading from your referrals. If they continue trading, you will continue to receive payouts, indicating that Nublu Investments Limited will obviously share a portion of the commission with you.
Account Opening on Nubluinvestmentsltd.com
The registration form for new clients of Nublu Investments Limited is designed to resemble that of a legitimate broker, even going so far as to include protection with reCaptcha. However, in the process, they seemed to have forgotten that complete registration with licensed companies requires inputting not only the client’s last name, first name, contact details, and password but also entails providing all the necessary data for fulfilling KYC requirements, as well as at least verifying the email or phone number.
In short, the idea is clear, but you should not have expected proper execution from a fraudulent broker. There are also discrepancies here. It appears that the developers who created the registration form simply forgot to include the proper names for the account types and decided to name them according to their own discretion.
Even in the Client Portal of Nublu Investments Limited, things are not quite right. It may look fairly standard, with a decent range of functions included. However, it’s worth noting that this so-called “broker” seems to have overlooked security, as the login for the Personal Cabinet and trading terminal are not separate. Why bother about the safety of a trader’s funds when the intention is to misappropriate them in the first place, right?
The verification process typically involves submitting the required documents to confirm your identity and address. Commonly requested documents include government-issued identification (such as a passport or driver’s license), proof of address (such as a utility bill or bank statement), and possibly additional documents depending on the specific regulations.
However, it is notable that Nublu Investments Limited fails to provide any information regarding the expected timeframe for document verification.
- The convenient uploading form.
- The timeframe for document verification is not specified.
Nublu Investments Limited offers a typical trading terminal that lacks any specific features distinguishing it from other platforms in the industry. Unlike the leading MetaTrader platform, their touted “unique trading platform” is nothing more than a copy of EasyTrader, developed by Easy Technologies, which holds the lowest user rating among similar programs (with an average rating of 1.2 out of 5). And it must be acknowledged that this low rating is well-deserved.
The platform’s shortcomings are evident, with a limited number of trading functions and indicators being just two of the many issues faced by its users. Overall, Nublu Investments Limited’s trading terminal fails to provide a competitive and comprehensive trading experience for its clients.
|Nublu Investments Limited
How Can I Trade With Nublu Investments Limited?
Nublu Investments Limited has provided us with an unforgettable experience. We haven’t laughed this much at trading conditions for a long time.
All Info About Accounts
To make reading the useless praises towards Nublu Investments Limited less boring for visitors, they decided to entertain them with the deposit sizes for different account types. For example, to trade on the “Commodity” account, you need exactly £5,011, and for the “Stocks” account, it’s £16,594. It makes us wonder, what happens if you have more? Can’t you trade anymore? We’d love to know the methodology behind such calculations. And more importantly, what’s the point if the broker operates on a B-book model and doesn’t send your trades anywhere? Meanwhile, on the Forex/Crypto account, you get an expert for a whopping five days. And daily news. Oh, and if you manage to gather £5,711, you’ll have access to ECB reports (which you can find anyway), trading contracts, webinars, and reduced commissions. Quite a catch, isn’t it?
The funniest part is in the “Saving” account. Apparently, they provide clients with a safe deposit. Excuse us, but is this not available for other accounts? Are the funds at risk of not reaching their destination or getting lost along the way? How impressive. Furthermore, Nublu Investments Limited fails to provide any data on the size of their spreads and leverage sizes.
- Low minimum deposit.
- Ridiculous requirements.
- Dubious services.
Market Analysis and Education With Nubluinvestmentsltd.com
The broker provides numerous additional services, including access to webinars, IPO allocation, copy trading, PAMM, and even lump sum insurance. However, all of this is nonsense, except perhaps for the webinars. Nublu Investments Limited fails to provide any information about who conducts these webinars and whether these individuals have the appropriate qualifications. Meanwhile, features like IPO allocation are impossible for brokers operating on a B-book model. And even the mere fact that Nublu Investments Limited offers insurance indicates that it operates as a dealing desk broker.
Deposit, Withdrawal, and Fees
Nublu Investments Limited offers multiple methods to fund your account, including SEPA, Visa, Mastercard, and cryptocurrency. However, hold your horses for a moment. Account funding is yet another “highlight” that distinguishes Nublu Investments Limited from legitimate brokers. The latter openly publish the payment details for depositing funds on their official website or, at the very least, in the user’s account dashboard. They have no reason to conceal the transactions on their accounts.
Nublu Investments Limited is forced to hide all information regarding incoming funds. Therefore, the account funding form in the user’s dashboard only requires the user’s account number, the destination account, and the amount. Then, Nublu Investments Limited will say “Thank you” and promise to provide the payment details. Everything is fair, transparent, and secure, right?
|Nublu Investments Limited
How Can I Contact It?
Nublu Investments Limited offers contact options including phone number, email, and address. However, it is worth noting that the provided address, like the rest of the company, appears to be fake.
- Full contacts.
- Fake legal address.
Is Nublu Investments Limited Dangerous?
It turns out that the promised security and excellent trading platform offered by Nublu Investments Limited were nothing more than ordinary deception, just as we suspected. However, there is much more evidence of the fraudulent nature of this project. Let’s discuss a few more points.
How Long Does The Broker Work?
A couple more words for those who are considering becoming clients of Nublu Investments Limited. Take a look at the domain information of this “broker.”
The domain was only created on May 30, 2023, which means it had been in existence for just a month at the time of writing this review. Everything that can be hidden is concealed by the registrar and Cloudflare, which the “company” uses just like any conscientious fraudster would.
Now, ask yourself this question: Are you willing to transfer your money to a project that was created just a month ago and about which nothing is known?
How Is Nublu Investments Limited Regulated?
In the footer of Nublu Investments Limited’s website, they display a company number. However, the owners of the project conveniently forgot to mention in which country this number was obtained. Nonetheless, it’s not much of a mystery, as the format matches that used in the British registry. A search on Companies House confirms this.
Indeed, there is a company registered as Nublu Investments Limited, with the provided number. It was registered in September 2013 and is involved in financial intermediation, not elsewhere classified (SIC code 64999).
However, evidence that this scam project is pretending to be a legitimately existing firm is readily available. It can be found in the Filing History section of the Companies House record and on any business information aggregator in the UK, such as suite.endole.co.uk.
Here, we can see that:
- Nublu Investments Limited has been a micro company from the beginning, meaning it has less than 10 employees or less than £2 million in capital.
- The company has not been active since July 31, 2022.
- The total current assets amount to just over £13,000.
- The total current liabilities currently exceed £60,000.
- Net assets are -£47,000, indicating that Nublu Investments Limited has outstanding debts.
We invite readers to revisit the page displaying the types of accounts and examine the list of available options for cooperation with Nublu Investments Limited. Let’s pay attention to some of them:
- Opening and maintaining a savings account.
- Participation in IPOs.
- Accreditation as a professional investor.
- Off-exchange investments.
To engage in such activities in the UK, a broker’s license is required, not only for retail forex but also for the stock market. We can now search for Nublu Investments Limited’s license in the registry of the FCA, the local regulator. However, the search results state that we were not fortunate enough to find any licenses for Nublu Investments Limited. This means that:
- The company is operating as a broker illegally.
- It will be unable to provide any of the services listed above simply because it won’t gain access to the corresponding services.
Once again, our suspicions have been confirmed.
|Nublu Investments Limited
Frequently Asked Questions (FAQ)
Well, well, well, look who’s back in town! It’s our old familiar face; Nublu Investments Limited. You might remember them from their previous ventures like Overton Partners and Legends Financial Company. It’s the same old scheme, folks. These scammers have a knack for posing as British companies, only to vanish into thin air with your hard-earned money faster than you can say “scam.” Let’s not be fooled by their recycled tricks.