Nobu Invest has been flagged by Financial Services and Markets Authority for "Fraud and Other Types of Misconduct". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
The reporting at Nobu Invest 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: Excellent charting|API access|Fast deposits|Fast execution
Cons: None so far
Do not be fooled by the professional-looking website. Behind the scenes, Nobu Invest is disorganized and incompetent. I found them through a podcast recommendation and I can only assume the positive reviews are either outdated or paid for because my experience was terrible.
Pros: Social trading features|Market news feed
Cons: Wait times can be long during peak hours|No live chat on mobile
I was about to invest with Nobu Invest but decided to check their regulatory status first. They claim to be regulated but I could not find them on any official register. Financial Services and Markets Authority has actually issued a warning about this firm. Thank goodness I checked before sending any money.
Cons: Unauthorized firm|Found in IOSCO warnings database
After for over a year with Nobu Invest, I can only describe the experience as death by a thousand cuts. No single issue was catastrophic, but the constant stream of small problems, slow responses, and missing features wore me down until I finally left.
Pros: Dedicated account manager|Detailed reporting
Cons: Mobile app could be improved|Search feature is basic