Rpy Sundram 
1-2 years
Does NCC Bank have any cons?
Broker Issues
Regulation
07-05
United States
WikiFX
Reply
One of the main drawbacks of NCC Bank is its lack of regulation in the investment sector. The absence of a regulatory license from the Bangladesh Securities and Exchange Commission (BSEC) and the Bangladesh Bank makes it unsuitable for forex or investment trading. Additionally, while the bank provides many digital services, its fees can become quite complex, especially for services like loans, guarantees, and major transactions. While NCC Bank is a trusted institution in the banking sector, it is not a viable option for investment banking services, in my opinion. To access your ncc bank account, you can use their convenient ncc bank login option available on both mobile and web platforms.
Similar Questions
What are the pros of B2Prime?
mohdfazlan 
07-02
Is LGT regulated by a financial authority?
Pushpender Sharma 
07-08
Is W7 Broker & Trading regulated?
Tomas 
07-20
What key risks or drawbacks should I consider before choosing GF Securities (Hong Kong)?
Дмитрий 
09-03
Does NOVOX have any cons?
Karoline Hardy 
08-05