Score

1.47 /10
Danger

Narsq

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Comparison

Quantity 15

Exposure

Open Account
Website

Score

Regulatory Index0.00

Business Index6.69

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

Narsq Futures Limited

Company Abbreviation

Narsq

Platform registered country and region

China

Company website

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away! 3
Previous Detection : 2024-09-21
  • 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 12 for this broker in the past 3 months. Please be aware of the risk and the potential scam!

WikiFX Verification

Pyramid scheme complaint
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    Narsq · Company summary

    General Information

    According to the information, Narsq Futures Limited is a broker registered in Hong Kong, China. However, we searched on the Hong Kongs Securities and Futures Commission (SFC) but did not find any regulatory information of Narsq Futures Limited, which obviously means that this broker is not subject to any foreign exchange regulation.

    Official Website Unavailable

    As of now, the website of Narsq is not available. We can only find some fragmentary information on the Internet.

    Market Instruments

    Narsq claimed to offer Forex pairs, Gold, Silver, Index and Crude oil trading.

    Payment Methods

    Narsqs clients were offered the following payment methods: crypto wallet, bank transfer, and ChinaUnionPay. Please note that crypto transfers are untraceable!

    Risk Warning

    The number of the complaints received by WikiFX has reached 12 for this broker in the past 3 months. According to an investor, Narsq suspended his account that he had used for a long time on grounds of IP issues. In addition, the victim was told that it would take three months to withdraw funds but he had never received any message from them before. To sum up, we assume that the broker Narsq might be closed or run away. Please be aware of the risk and stay away!

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