Brokers  /  Narsq

Narsq

Severe risk
🇬🇧 United Kingdom · 5-10 years · since 2021-05-11 · NARSQ CAPITAL LTD
This is a , not a leveraged forex/CFD broker — listed for reference. If you’re looking for a forex broker, see our forex broker directory.
Unregulated
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Independent ratingshow third parties score this broker
WikiFX1.52/10
Trustpilot/5
Forex Peace Army/5
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No sign that Narsq actively operates in your country (United States). If you were solicited from here, be extra cautious — it may be an unregulated approach or a clone.
85
Severe risk
Scam Risk Scoremonitored · 2026-07-28
Lower riskHigher risk
  • No verified regulatory license on file
  • Listed as “Fake Broker” in industry watchdog records
  • Identified as a clone / impersonator firm
  • No verifiable website or social-media presence
How this score is calculated — view the open algorithm

A transparent weighted score from objective public data — each factor scored 0–100 (higher = riskier), combined by the weights below.

FactorScoreWeight
Regulation & licensing9735%
Company age2215%
Clone / impersonation10012%
Withdrawal & exposure complaints012%
Offshore registration108%
Transparency (site/info/social)10010%

Based on public regulatory records, industry databases and independent reviews (Trustpilot, Forex Peace Army). Exit Risk reflects recent negative momentum in real reviews. A risk estimate from public data, not a definitive legal judgment; brokers may request a correction.

Company
Legal nameNARSQ CAPITAL LTD
Headquarters🇬🇧 United Kingdom
Founded2021-05-11
Years operating5-10 years
Employees0
Official websiteuser.nasdarq.com
Trading conditions
Avg execution speed0 ms
Avg slippage0
Swap rating
Trading cost rating
Monitored traders0
Monitored orders0
Funding & instruments
Deposit methods
Withdrawal methods
Instruments

Regulation & licenses · 0

No valid regulatory license found — high caution advised.

Review analysis AI

Narsq presents a severe risk profile due to its complete lack of regulatory oversight and the absence of publicly available operational information. Without a financial services licence, client protection mechanisms are non-existent. The high scam risk score reflects these fundamental deficiencies, making Narsq unsuitable for safe trading.

Best for
  • None – due to lack of regulation and transparency, Narsq is not suitable for any trader seeking a secure broker
Not for
  • Traders requiring FCA or any regulatory protection
  • Clients who prioritise fund segregation and compensation schemes
  • Anyone seeking a transparent and verifiable trading environment
Period:

Real user reviews

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About Narsq

Overview

Narsq is a financial entity registered in the United Kingdom, reportedly established on 11 May 2021. Its official domain is nasdarq.com. However, there is very little publicly available information about its operations, services, or target clientele.

As of this writing, aggregated industry databases and regulatory registers do not show Narsq holding any form of financial services licence or authorisation from a recognised regulatory body. This absence of regulatory oversight is a significant consideration for any potential user.

Regulatory Status

According to official records, Narsq is not regulated by any financial authority. The company is registered in the UK under standard corporate registration, but a corporate registration does not equate to regulatory authorisation for providing financial services.

Without a licence from the FCA or an equivalent regulator, Narsq operates outside the structured compliance and investor protection frameworks that regulated brokers must adhere to. This means that clients would not have access to compensation schemes or dispute resolution services typically offered by regulated entities.

Services and Offerings

Due to the lack of verifiable information, it is unclear what specific services Narsq offers. The domain name nasdarq.com may imply connections to financial markets, but no official documentation or third-party reviews are available to confirm the nature of its business.

Typically, a broker in the forex or CFD space would publish details about trading platforms, instruments, account types, and funding methods. In the case of Narsq, no such information could be reliably sourced. This opacity makes it difficult for potential clients to assess the entity's credibility or suitability for their needs.

Client Suitability

Given the high risk score of 85/100 assigned by FXCanary's proprietary assessment, Narsq is considered a severe-risk entity. This rating stems primarily from the complete lack of regulatory oversight and the absence of transparent operational details.

Clients seeking a broker for forex or CFD trading are strongly advised to consider only regulated entities with a proven track record. Unregulated entities like Narsq present elevated risks, including potential difficulties in fund recovery or dispute resolution.

Conclusion

In summary, Narsq is a UK-registered company with no known regulatory authorisation and minimal public information. Its limited online presence and absence from industry references place it in a high-risk category.

FXCanary recommends extreme caution when dealing with Narsq, as the lack of regulatory oversight and transparency significantly increases the potential for adverse outcomes. Traders should prioritise well-regulated brokers that offer clear disclosures and client protections.

Overview compiled by FXCanary from regulatory records and public data. full Narsq review