Nasdaq-Market

Nasdaq-Market is an online trading service provider registered in China, founded on November 11, 2020. The company operates the website nasdaq-market.trade, which, as of our review, is not accessible. This lack of a verifiable online presence complicates any independent assessment of the broker's operations, services, or legitimacy.

Despite its name, Nasdaq-Market has no known affiliation with the Nasdaq stock exchange. The broker's registration in China places it outside major regulatory jurisdictions such as the FCA, CySEC, or ASIC, which typically provide oversight for retail forex and CFD brokers.

Our research indicates that Nasdaq-Market is not regulated by any known financial authority. The absence of a regulatory licence is a significant red flag, as regulated brokers are required to adhere to strict standards regarding client fund segregation, reporting, and dispute resolution.

Aggregated industry data reports seven cases of scams and withdrawal issues associated with this broker. FXCanary's proprietary Scam Risk Score for Nasdaq-Market is 75 out of 100, categorised as 'Severe'. This score reflects the high risk of potential fraud or inability to withdraw funds.

Given the inaccessible website, lack of regulation, and multiple reports of scams, Nasdaq-Market presents an extremely high risk to traders. We strongly advise against depositing funds with this broker or providing any personal or financial information. The combination of these factors suggests that Nasdaq-Market may be operating without any oversight and could be engaged in fraudulent activities.

For traders seeking a safe trading environment, we recommend choosing a broker that is properly licensed by a reputable financial regulator and has a transparent, verifiable track record.