Abstract:Nano Trade is an online brokerage firm providing CFDs for currencies, stocks, indices, shares, commodities, and bonds. Despite being registered in Russia, Nano Trade has not disclosed its physical address publicly. Concerns have arisen regarding its operations due to the absence of regulatory oversight, an inaccessible website, intransparent operations, and limited customer service channels.
Note: Nano Trade's official website: https://en.nano-trade.org/is currently inaccessible normally.
Nano Trade Review Summary | |
Founded | 2020 |
Region/Country | United States |
Regulation | No regulation |
Market Instruments | CFDs of currencies, stocks, indices, shares, commodities, bonds |
Demo Account | Not mentioned |
Leverage | Up to 1:100 |
Spreads | Not mentioned |
Trading Platform | Web-based platform |
Minimum Deposit | $50 |
Customer Support | Tel: +44 203 769 02 89, +7 495 108 63 87 |
Nano Trade is an online brokerage firm providing CFDs for currencies, stocks, indices, shares, commodities, and bonds. Despite being registered in Russia, Nano Trade has not disclosed its physical address publicly. Concerns have arisen regarding its operations due to the absence of regulatory oversight, an inaccessible website, intransparent operations, and limited customer service channels.
Pros | Cons |
Diverse Financial Instruments | Regulatory Oversight |
Multiple Account Types | Website Accessibility |
Limited Customer Service Channels | |
Transparency Issues |
When considering the safety of a brokerage like Nano Trade 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:
In the end, choosing whether or not to engage in trading with Nano Trade is an individual decision. We advise you carefully balance the risks and returns before committing to any actual trading activities.
Nano Trade offers a comprehensive selection of financial instruments. Their portfolio includes Contracts for Difference (CFDs) across major currencies, global stocks, market indices, shares of prominent companies, commodities such as precious metals and agricultural products, and bonds from various issuers.
Nano Trade provides a range of account types. The account options include Minimal Account, requiring a minimum deposit of $50; Standard Account, starting at $1000; Medium Account, beginning at $5000; Gold Account, with a minimum deposit of $10,000; Platinum Account, requiring $25,000; and VIP Account, which mandates a deposit of $50,000.
Account Type | Minimum Deposit |
Minimal | $50 |
Standard | $1,000 |
Medium | $5,000 |
Gold | $10,000 |
Platinum | $25,000 |
VIP | $50,000 |
Nano Trade offers leverage up to 1:100, allowing traders to amplify their market exposure relative to their deposited capital. This can magnify both profits and losses, necessitating careful risk management strategies for investors. While leverage can enhance trading flexibility, it also increases the level of financial risk, requiring traders to approach trading with caution and discipline.
Nano Trade's trading platform is solely WebTrader-based, offering a user interface accessible via web browsers. While this platform allows trading from any internet-connected device without requiring software downloads, it lacks industry-leading solutions like MetaTrader 4 or 5 (MT4/MT5), which are favored for their advanced charting tools and algorithmic trading capabilities.
Moreover, Nano Trade does not provide dedicated desktop or mobile applications, limiting convenience and functionality compared to platforms offering these features. Traders will find this setup less versatile for executing trades and managing positions, particularly those accustomed to more robust trading platforms.
Nano Trade offers Blockchain, Betatransfer, Visa, and Mastercard.
Customer support at Nano Trade is primarily offered via telephone, with contact numbers provided for international reach (+44 203 769 02 89; +7 495 108 63 87).
In conclusion, Nano Trade provides a variety of online trading services encompassing CFDs on currencies, stocks, indices, shares, commodities, and bonds. However, serious concerns arise regarding the broker's lack of regulatory oversight, ongoing issues with website accessibility, opacity in operations, and limited customer service channels.
Therefore, we strongly discourage using Nano Trade for trading activities. Instead, we recommend seeking alternative platforms that prioritize transparency, regulatory compliance, and robust customer support to ensure a secure and satisfactory trading experience.
No. The broker is currently under no valid regulation.
No. It is not a good choice for beginners. Not only because of its unregulated condition, but also because of its unavailable website, intransparent operations and limited available customer support channels (via phone only).
No, it only offers a web-based trading platform.
$50.
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.