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NatureForex is an international broker which has been offering its services to forex market clients for more than 10 years. The company is registered in Belize. However, according to its official website, NatureForex claims to be a Japanese broker. This fact arouses some suspicion. The website indicates that the broker is regulated by the International Financial Services Commission (IFSC). A brokerage license obtained in the offshore zone often gives a reason for checking the reliability of a broker.
Trading conditions
NatureForex offers online trading using such instruments as currency pairs, CFDs on indices, commodities, precious metals, and cryptocurrencies. In addition, the company renders social trading and binary options services to its clients.
The broker provides four types of trading accounts. Each trading account has its own trading conditions and gives clients full access to MetaTrader4, a highly regardeded trading platform, and its own jTrade brokerage platform. NatureForex has the following trading accounts - standard, Islamic, jTrade, and demo accounts. Standard accounts are the most common types of savings accounts which involve low deposits and high leverage.
NatureForex grants registration to residents of the CIS. However, the registration process is in English.
The company’s website contains a separate section dedicated to training of traders. This is basic information which includes electronic books, video tutorials, and a glossary. In addition, novice clients can register for a free Forex training program provided by experienced traders.
NatureForex holds various contests for owners of real trading accounts and beginners on a regular basis. Winners of contests receive money and valuable prizes.
Trading platforms
The broker provides access to all the reliable trading platforms available on computers and mobile devices, including its own JTrade which ensures high-speed execution of orders and a convenient interface. Apart from that, the broker gives its clients the ability to use MetaTrader 4, one of the world’s most popular trading platforms.
Customer service
If you want to get in contact with the customer service, you can use a live chat or fill in an online submission form. You will receive feedback from the broker's managers within 24 hours. Apart from that, you can use the phone number or the company’s postal address.
Deposit and withdrawal of funds
The broker provides a few different deposit and withdrawal methods such as Visa and MasterCard credit cards as well as Skrill and Neteller electronic payment systems. Funds are transferred instantly. Moreover, deposit and withdrawal of funds are possible by means of bank transfers. This procedure takes from 3 to 5 days. The broker offers an instruction for depositing and withdrawing profits using credit cards which is available for download on the website.
Traders’ reviews
NatureForex receives positive reviews from traders on the web. Traders are pleased with the trading instruments and conditions. However, there are negative comments as well. Moreover, their number outweighs positive reviews. According to clients, the broker blocks and cancels an account after a couple of profitable deals. Some traders faced problems with the withdrawal of profit. Several market players claim that the broker is hiding behind transparency and good trading conditions, while playing an unfair game. Overall, there are not so many comments on the activity of NatureForex on the Internet.
Broker’s advantages and disadvantages
Advantages:
- wide range of trading instruments
- demo account
- low minimum deposit
- low spreads
Disadvantages:
- offshore broker
- limited withdrawal methods
- negative traders’ experience
Conclusion
The company’s place of registration and physical location are first things traders should pay close attention to. NatureForex considers itself to be a Japanese broker, while working from Belize. Overall, the company offers favorable trading conditions, supports a standard set of payment systems, and operates on the popular trading platform. However, NatureForex cannot be called a reliable broker due to the negative traders’ experience as well as the license and registration issues.
