Score

1.46 /10
Danger

Nasdaq-Market

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Comparison

Quantity 9

Exposure

Open Account
Website

Score

Regulatory Index0.00

Business Index6.63

Risk Management Index0.00

Software Index4.00

License Index0.00

The WikiFX Score of this broker is reduced because of too many complaints!
Open Account
Website

Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Broker Information

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Company Name

Nasdaq-Market

Company Abbreviation

Nasdaq-Market

Platform registered country and region

China

Company website

Company summary

Pyramid scheme complaint

Expose

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Warning: Low score, please stay away! 3
Previous Detection : 2024-09-20
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The number of the complaints received by WikiFX have reached 9 for this broker in the past 3 months. Please be aware of the risk and the potential scam!

WikiFX Verification

Pyramid scheme complaint
Expose
    Nasdaq-Market · Company summary

    Note: Nasdaq-Markets official site - https://Nasdaq-Market.trade/ Website is currently not functional. Therefore, we could only gather relevant information from the Internet to present a rough picture of this broker.

    Nasdaq-Market Review Summary in 10 Points
    Founded 2-5 years
    Registered Country/Region China
    Regulation Not regulated
    Customer Support Email

    What is Nasdaq-Market?

    Nasdaq-Market, an online trading service provider originating from China, offers a platform for individuals interested in the financial market. However, it's important to note that their website is currently not accessible, which complicates efforts to substantiate its authenticity or understand its regulatory status. Concerningly, it has been suggested that the broker isn't presently regulated by any known authorities, raising some flags. With 7 reported cases of scams and withdrawal issues on WikiFX, there are critical concerns regarding security and customer protection.

    This article aims to analyze this broker in various aspects to present a concise, structured overview. Should it pique your interest, feel free to delve deeper. A brief summary will also be provided at the end, offering a quick snapshot of the broker's features.

    Pros & Cons

    Pros Cons
    • None • Not regulated
    • Lack of transparency
    • Website dysfunctional
    • Negative reviews from their clients
    • Limited customer support channels

    Nasdaq-Market currently have more challenges than advantages.

    The most glaring issue is that it's not regulated by any known authorities, which raises critical concerns around security, legality, and client protection. Their lack of transparency, amplified by a dysfunctional website, creates obstacles in accessing key information about the company. Adding to the skepticism, the broker has garnered negative reviews from their clients about scam and unable to withdraw, which can indicate unsatisfactory service or trustworthiness related issues. Also, their customer support appears to be limited to email only, posing challenges for clients in need of assistance.

    There seems to be no identifiable pros at this time, indicating a need for caution when considering Nasdaq-Market as a trading platform option.

    Is Nasdaq-Market Safe or Scam?

    Is Nasdaq-Market Safe or Scam?

    When considering the safety of a brokerage like Nasdaq-Market or any other platform, it's important to conduct thorough research and consider various factors. Here are some steps you can take to assess the credibility and safety of a brokerage:

    • Regulatory sight: The fact that the broker is not regulated by any recognized financial authorities indicates that there's no assurance of its safety as a trading platform. In addition to this, the broker's official website is unresponsive, suggesting possible abscondence. These factors substantially heighten the risk associated with investing through their platform.

    • User feedback: The presence of 7 documented cases on WikiFX revolving around claims of scam and withdrawal issues should not be overlooked and can serve as potential red flags. Therefore, it's wise to undertake thorough investigations and due diligence prior to devoting any resources to a broker or investment platform.

    • Security measures: So far we cannot find any security measures info on Internet for this broker.

    Ultimately, the decision of whether or not to trade with Nasdaq-Market is a personal one. You should weigh the risks and benefits carefully before making a decision.

    User Exposure on WikiFX

    Our platform, WikiFx, has recorded 7 instances where traders were unable to withdraw their funds and scam, which is a serious matter that serves as a substantial caution. We advise all traders to thoroughly examine all relevant data before putting their hard-earned funds at risk. Our platform aims to provide an extensive database, assisting traders in making well-informed decisions. Should you unfortunately come across fraudulent actions by brokers, or fall prey to such incidents, we strongly urge you to share your experience through our 'Exposure' section. Your contributions are highly appreciated. Our specialized team is dedicated to addressing these concerns and will endeavor to work towards finding a solution for such troubling circumstances.

    User Exposure on WikiFX

    Customer Service

    When it comes to available channels of customer service, Nasdaq-Market's options appear to be quite limited. Currently, the platform only includes email as a mode of customer support. This restriction in communication resources could potentially affect the efficiency and immediacy of their customer service, posing potential challenges when clients need urgent assistance or have important inquiries.

    Email: mail@ Nasdaq-Market.trade.

    Conclusion

    Headquartered in China, Nasdaq-Market provides trading services to a global customer base. However, upon detailed examination, several troubling issues arise. Foremost amongst them is the broker's lack of regulation - a distinct red flag indicating the absence of customer protection safeguards that usually come with regulatory compliance.

    Moreover, factors such as an unresponsive website and insufficient customer support hint at a concerning lack of professionalism and thoroughness, thereby drawing the platform's credibility into question. Combined with a dysfunctional website and seven reported cases of withdrawal difficulties, these indicators increase potential misgivings.

    As such, prospective clients considering the use of Nasdaq-Market are advised to proceed with extreme caution. It's strongly recommended that they explore other broker alternatives, ideally ones that are transparent concerning their regulatory status and prioritize security and accountability. To ensure the safety of their investments, clients should always select trading platforms that adhere to the highest professional standards.

    Frequently Asked Questions (FAQs)

    Q 1: Is Nasdaq-Market regulated?
    A 1: No. It has been verified that this broker currently has no valid regulations.
    Q 2: Is Nasdaq-Market a good broker for beginners?
    A 2: No. It is not a good choice for beginners. Not only because of its unregulated condition, but also because of the lack of transparency and 7 reports of scams and unable to withdraw.

    Risk Warning

    Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies.

    In addition, the date on which this review was generated may also be an important factor to consider, as information may have changed since then. Therefore, readers are advised to always verify updated information directly with the company before making any decision or taking any action. Responsibility for the use of the information provided in this review rests solely with the reader.

    User Reviews

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    User comment

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    Comments

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    Tiny Princess
    more than one year
    So far, the trading experience using the platform is very good, the trading process is smooth, and there have been no serious bugs. But I was always worried about the safety of my money because the company was not regulated.
    So far, the trading experience using the platform is very good, the trading process is smooth, and there have been no serious bugs. But I was always worried about the safety of my money because the company was not regulated.
    Translate to English
    2024-07-03 15:39
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    Damon
    more than one year
    貪婪的人類啊,永遠不知道滿足,他們只會不斷地給你洗腦,讓你再繼續投更多的錢,說是會讓你賺到的錢,而事實上你是賺了不少錢,但一分錢也取不出來啊!!!
    貪婪的人類啊,永遠不知道滿足,他們只會不斷地給你洗腦,讓你再繼續投更多的錢,說是會讓你賺到的錢,而事實上你是賺了不少錢,但一分錢也取不出來啊!!!
    Translate to English
    2022-12-15 15:47
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    9