Brokers  /  NINEDRAGONS

NINEDRAGONS

Severe riskForex / CFD broker
🇻🇨 Saint Vincent and the Grenadines · 5-10 years · since 2021-03-02 · NINEDRAGONS LLC.
Unregulated
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Independent ratingshow third parties score this broker
WikiFX1.52/10
Trustpilot/5
Forex Peace Army/5
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No sign that NINEDRAGONS actively operates in your country (United States). If you were solicited from here, be extra cautious — it may be an unregulated approach or a clone.
85
Severe risk
Scam Risk Scoremonitored · 2026-07-28
Lower riskHigher risk
  • No verified regulatory license on file
  • Listed as “Fake Broker” in industry watchdog records
  • Identified as a clone / impersonator firm
  • Registered in Saint Vincent and the Grenadines (offshore, light oversight)
  • No verifiable website or social-media presence
How this score is calculated — view the open algorithm

A transparent weighted score from objective public data — each factor scored 0–100 (higher = riskier), combined by the weights below.

FactorScoreWeight
Regulation & licensing9735%
Company age2215%
Clone / impersonation10012%
Withdrawal & exposure complaints012%
Offshore registration808%
Transparency (site/info/social)10010%

Based on public regulatory records, industry databases and independent reviews (Trustpilot, Forex Peace Army). Exit Risk reflects recent negative momentum in real reviews. A risk estimate from public data, not a definitive legal judgment; brokers may request a correction.

Company
Legal nameNINEDRAGONS LLC.
Headquarters🇻🇨 Saint Vincent and the Grenadines
Founded2021-03-02
Years operating5-10 years
Employees0
Official websitendfx.net
Trading conditions
Avg execution speed0 ms
Avg slippage0
Swap rating
Trading cost rating
Monitored traders0
Monitored orders0
Funding & instruments
Deposit methods
Withdrawal methods
Instruments

Regulation & licenses · 0

No valid regulatory license found — high caution advised.

Review analysis AI

NINEDRAGONS presents a severe risk profile due to its unregulated status and lack of publicly available information. The absence of regulatory oversight and the high scam risk score make it unsuitable for most retail traders. Until the broker provides verifiable details and regulatory credentials, FXCanary strongly advises against engaging with NINEDRAGONS.

Not for
  • Traders seeking regulated brokers with client fund protection
  • Those who require transparent account and fee information
  • Risk-averse individuals looking for a reliable trading environment
Period:

Real user reviews

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About NINEDRAGONS

Overview

NINEDRAGONS is a forex brokerage registered in Saint Vincent and the Grenadines, founded on March 2, 2021. The firm operates under the domain ndfx.net, which suggests a focus on online trading services. However, independent public information about the broker is extremely scarce, making it difficult for traders to conduct due diligence. As a result, NINEDRAGONS remains largely opaque to the broader trading community.

Regulation and Risk

Our records indicate that NINEDRAGONS is not regulated by any major financial authority. The company is registered in Saint Vincent and the Grenadines, a jurisdiction known for its minimal oversight of forex brokers. This lack of regulatory supervision means that traders have no recourse to an external ombudsman or compensation scheme in the event of a dispute. FXCanary has assigned a Scam Risk Score of 85 out of 100, indicating a severe level of risk for potential clients.

Account Types and Trading Conditions

No details on account types, spreads, or leverage are publicly available for NINEDRAGONS. Without this information, traders cannot assess the cost of trading or the potential for margin exposure. It is common for unregulated brokers to offer attractive but unsustainable trading conditions, which may later lead to adverse execution practices. Traders are advised to seek complete transparency before depositing funds.

Platforms and Instruments

The trading platform(s) used by NINEDRAGONS are not confirmed. Many brokers in this category employ MetaTrader 4 or 5, but this cannot be verified. The range of tradable instruments is also unknown; typical offerings might include forex pairs, commodities, and indices. However, without official disclosure, traders should assume a limited or unpredictable product suite.

Overview compiled by FXCanary from regulatory records and public data. full NINEDRAGONS review