Nic Trading Limited Scam
Nic Trading Limited, operating through the domain nictrd.com, portrays itself as a legitimate financial services provider offering investments in shares and trading services. However, significant concerns and regulatory warnings are associated with this entity.
If you have been scammed and you are seeking to reclaim your losses, this review is for you
⚠️ 1. Regulatory Warning from Dutch Authorities
On July 22, 2025, the Netherlands Authority for the Financial Markets (AFM) issued a consumer warning stating that Nic Trading Limited operates without a valid license. It appears to function as a suspected boiler room—using cold calling tactics to pressure potential investors into worthless or non-existent share offerings. The AFM confirmed there is no AFM license or EU passport for this company.
🧲 2. Misleading Contact & Domain Information
The company lists its address as Office No. 200‑2003, Al Salam Tower, Dubai, UAE—but the AFM investigation found these credentials unverifiable. The domain nictrd.com is newly registered and lacks transparency in ownership, consistent with deceptive or short-lived investment sites.
💰 3. Boiler Room Sales Tactics
Nic Trading Limited has been accused of unsolicited outreach—cold calling individuals to promote high‑return investments. These methods, when combined with lack of licensing and anonymous operation, fit the classic “boiler room” scam model where victims are persuaded to invest quickly into fake or worthless assets.
🧾 4. Investor Protections Are Nonexistent
Because the firm is unlicensed and unregulated, any investor dealings with Nic Trading Limited provide no access to legal protections such as ombudsman services or investor compensation schemes. Once funds are transferred, they are essentially irrecoverable unless third-party intervention occurs.
✅ 5. Recovery Support via ST9 Investigations Ltd
Victims of Nic Trading Limited have been able to pursue recovery efforts with ST9 Investigations Ltd. ST9 applies forensic financial tracing, bank transaction mapping, and legal coordination to follow misdirected funds—even through anonymous or offshore channels. Their structured recovery approach has facilitated partial or full restitution in cases where victims believed their investments were irretrievable.
📋 Risk Summary Table
| Risk Area | nictrd.com / Nic Trading Limited |
|---|---|
| Regulatory Licensing | ❌ No AFM license or EU regulatory approval |
| Contact & Domain Credibility | ❌ Anonymous, unverifiable UAE address |
| Tactics Used | 🚩 Cold‑calling; boiler-room pressure sales |
| Investor Protection | ❌ No access to ombudsman, no chargeback options |
| Recovery Options | ✅ Recovery possible via ST9 Investigations Ltd |
🧠 Final Verdict
Nic Trading Limited (nictrd.com) exhibits clear warning signs: operating without regulatory approval, using pressured sales tactics, and lacking transparency in registrations. It aligns with common boiler room and investment fraud schemes.
✅ Recommended Actions if You’ve Been Affected
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Stop all communication with the company immediately.
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Preserve all records—documents, emails, call logs, and transactions.
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Report the case to your national financial regulator or consumer protection authority.
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Contact ST9 Investigations Ltd to explore possible asset recovery using forensic tracing and legal channels.
Always verify that investment firms are regulated and transparent before transferring funds.