Nash Markets Review: The Truth About this Broker
If you were looking for a reliable broker, this might not be the place for you. As an offshore brokerage, Nash Markets broker doesn’t bring much credibility. But you should know everything that this broker offers.
Avoid becoming their next target by reading this Nash Markets review carefully. Also don’t miss out on updates on FxmyTrades, Fxy Trade, and Aswissa reviews. Behind the scenes, there is much happening. You must be prepared for it.
Who Is Nash Markets Broker?
As can be seen, the broker is coming from well-known St. Vincent and Grenadines. The official owner of the company is Nash Markets LLC. Since 2019 they perform their trading activities worldwide.
Even though the company provides trusted trading software and multi assets, one thing devalues all of that. That is regulation. To be precise, the lack of it.
|Legal name:||Nash Markets|
|Regulation:||Unregulated / Offshore broker|
|Registered in:||St. Vincent and Grenadines|
|Financial Authorities Warnings:||N/A|
|Contacts:||[email protected], online form, social media|
|If a withdrawal is possible:||Highly unlikely|
|If Active on Social Media:||Yes – Facebook, Discord, Twitter, Instagram|
Regulation and Funds Security of Nash Markets
The Financial Services Authority (FSA) is the main regulator in that country. However, they have publicly released a statement that they are not issuing trading licenses anymore. With this in mind, you know that this broker can’t be regulated there.
On the other hand, they must opt for licenses elsewhere. If they want to be trusted, of course. According to our analysis visitors to their website mainly come from the UK, USA and South Africa. Therefore, we have a starting point. In this case, institutions like FCA, CFTC, NFA and FSCA.
Even at first glance at the company conditions, you can see they are not regulated. But confirmation comes after going through all these mentioned Tier 1 regulators’ databases. Neither one of them has issued a trading license to Nash Markets scam broker. Therefore, Nash Markets MT4 and MT5 become useless here.
Nash Markets Broker Profile
If we exclude regulations, we might say that the offer is solid. But if it’s not backed up with any credibility, you can’t trust those either.
Especially if you can’t get your money out. Let’s see what you can expect from this broker.1
|Trading platforms:||MT4, MT5, TradeLocker|
|Account types:||Standard, Pro, VAR, Mini, Cryptos|
|Financial Instruments On Offer:||
|Commissions/bonuses:||Commission up to $10 per lot / No bonuses|
|Education or Extra tools:||PAMM accounts|
Is Nash Markets Broker Safe?
Even though the broker has MT4 and MT5 available, they also promote TradeLocker. But also the Nash Markets calculator app. These proprietary apps are very dangerous with offshore unregulated brokers. Primarily because of the potential for manipulation. Thus, the Nash Markets app download is available for iOS and Android devices.
On top of that, the company doesn’t offer any funds protection measures. Such as negative balance protection or guaranteed stop-loss. These two combined can get you into pretty big debt. Moreover, whatever happens, you can’t complain anywhere because they don’t have a regulatory body.
Nash Markets Traders Reviews – Sharing Experiences
As we can see, there are already a few traders disappointed with their customer service. But mostly withdrawal procedures. On top of that, traders reported Nash Markets login difficulties. Most likely because the broker is blocking their accounts.
Since the broker is not licensed they can do whatever they want. For anyone looking for a secure and reliable broker, this is more than enough to forget about this scam broker. Take a look. Forex Peace Army Review, Trustpilot Review.
How Does Nash Markets Platform Reach Clients and Who Are They?
Traders mainly get attracted by quick money scheme advertisements. In general, everyone would like to make an easy money. But think about it when was the last time it really happened?
The company also promotes social networks like Instagram and Discord. Thus, it’s not rare that we see scam brokers like Nash Markets luring their victims there as well. In general, they are mainly scamming traders from:
- United States
- United Kingdom
- South Africa
Deposit and Withdrawal Method
This is where things get interesting. There are several ways to deposit funds, some of those faster than others. But also less trusted. Those are:
- Cryptocurrencies (BTC, XRP, USDT, ETH, LTC, DOGE)
- Credit and Debit Cards ( via a third-party crypto processor)
- Wire transfers
Even though you have the option to use cards, these options are still unreliable. Traders are required to use a third-party processor for that. Practically you are purchasing crypto directly into this scammer’s wallet. Most of the time those are unreliable platforms that have minimum verification requirements. But traders often fail for Nash Markets minimum deposit which starts at $10.
On the other hand, withdrawal processing time takes up to 24 hours. Thus, from many Nash Markets reviews we can see the different situation. Whatever might be the case, you have to know that you can get a refund. In this case, CipherTrace software should be used, but it’s not impossible. Our expert team can advise you on that. Therefore, don’t hesitate to reach out for more information.
Reasons To Avoid Nash Markets Broker
The main reason is missing regulation. Whatever this broker claims it’s not backed up anyhow. On top of all, their trading conditions are highly dangerous. Especially with leverage of 1:500 and missing negative balance protection.
You don’t want to own money to the scam broker. Not even fictively. After all, Nash Markets withdrawal is quite suspicious. Avoid headaches and find yourself a reliable and licensed broker.
Our Safe Trading experts’ opinion of Nash Markets broker
Whether you are a pro or a beginner, you need a trusted broker. If you are here to make some money for yourself. But if you don’t know how to choose the right one or what warning signs to watch for you won’t be able to find it.
Therefore, we have our team at your disposal. In a few clicks, you can book your first consultation with us. Most importantly, free of charge. If you want a reliable broker on your side, contact us today!
Is Nash Markets Trustworthy?
No. Without a license, they can’t guarantee any security for traders which is confirmed through Nash Market's reviews
How To Start Trading Safely?
The advice is simple, but it’s hard to determine who to trust. Thus with Tier 1 regulated brokers, there are no worries. us help you with that, contact us today.
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