ncminvest has been flagged by Financial Services Authority for "Unregistered/Unlicensed entity offering financial products or services". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
ncminvest offers copy trading. I copied a top trader. The copy trades often executed at worse prices than the original. When I asked why they said it was due to latency and liquidity. So the feature is broken or they are skimming. Either way I stopped using it.
Pros: No hidden fees|Helpful community forum|Transparent fees|Regular updates
Cons: Limited social trading features|Wait times can be long during peak hours
I experienced a security concern with my ncminvest account and reported it immediately. Their response time was inexcusable for a financial platform. It took them four days to acknowledge my report and another week to actually address it.
Pros: Professional team|Clear documentation|Regular updates
Cons: No integrated tax optimization
I requested my data from ncminvest under GDPR. They sent a partial export that was missing months of transactions. When I asked for the rest they said it was a technical issue. Still waiting. They do not take data rights seriously.
Pros: No hidden fees|Educational resources|Fast execution|Regular platform improvements
Cons: Alert system is basic|No integrated tax optimization
The platform at ncminvest is riddled with bugs. Charts display incorrect data, order confirmations sometimes fail silently, and the portfolio tracker disagrees with actual positions. After since early this year of dealing with this, I have had enough.
Pros: Economic calendar|Automated trading options
Cons: Help articles are sometimes vague|Would like more payment methods
The mobile app from ncminvest is dangerous. I placed an order that showed as pending, so I placed another. Both executed and I was overexposed. When I complained they said it was user error. The app design is misleading.
Pros: No hidden fees|High security standards|Educational resources|Clear documentation
Cons: Currency conversion fee exists
I opened an account with ncminvest for just over a year ago. The platform frequently logs you out, orders fail to execute at the stated price, and when you complain they blame your internet connection. I have screenshots proving otherwise.
Pros: Market news feed|Detailed reporting
Cons: No fractional shares
ncminvest advertises low fees but once you dig into the fine print, there are numerous charges that add up quickly. Inactivity fees, withdrawal fees, currency conversion fees - it all eats into your returns. I wish I had read the terms more carefully.
Pros: Full transparency|Stable platform|Transparent fees
Cons: Minimum deposit could be lower
The reporting at ncminvest is laughably bad. Tax documents are inaccurate, transaction histories have gaps, and trying to export data for your accountant is a nightmare. For a financial platform, getting the numbers right should be the bare minimum.
Pros: No hidden fees|Comprehensive tools
Cons: No integrated tax optimization
The spread at ncminvest is not what they advertise. During volatile markets it widens so much that you lose before the trade even starts. I found them after attending a webinar they hosted and initially thought the platform was good - until I started trading seriously.
Pros: Professional team|Quick verification|Great customer service
Cons: Slow to add new assets|Some tools only available on higher tiers
I want to warn everyone about ncminvest. They have been flagged by Financial Services Authority as an unauthorized entity. I wish I had checked before investing. They use high-pressure sales tactics and fake testimonials. Once you send money, getting it back is nearly impossible.
Pros: Initially responsive customer service
Cons: Blocked my account|No legitimate license|Fake returns