NASDAQ 500 Forex Broker provides real users with * positive reviews, * neutral reviews and 1 exposure review!
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After paying 44859 yuan, in wake of wrong bank card account, I still couldn’t withdraw fund. NASDAQ 500 continued to ask for 33887 as a margin, which is simply a scam!
In 2025, Nasdaq 500 continues to be a controversial player in the forex brokerage industry. While some users appreciate its high leverage and diverse asset offerings, others raise concerns about its unregulated status and high withdrawal fees. This review synthesizes various insights and experiences to provide a balanced overview of Nasdaq 500.
Note: It's important to highlight that Nasdaq 500 operates as an offshore broker based in the Marshall Islands, which raises potential risks for investors. This review incorporates multiple sources to ensure fairness and accuracy.
| Category | Rating (out of 10) |
|---|---|
| Account Conditions | 3 |
| Tools and Resources | 5 |
| Customer Service and Support | 4 |
| Trading Setup (Experience) | 6 |
| Trustworthiness | 2 |
| User Experience | 3 |
We rate brokers based on user reviews, expert opinions, and factual data gathered from various sources.
Founded by Em Pika Enterprise Ltd., Nasdaq 500 is an online brokerage that offers a variety of trading services, targeting both novice and experienced traders. It provides access to popular trading platforms such as MetaTrader 4 and its proprietary Activ8 platform. Nasdaq 500 features a diverse range of assets, including forex, stocks, commodities, and cryptocurrencies. However, it operates without any regulatory oversight, which poses significant risks for traders.
Regulated Regions: Nasdaq 500 is based in the Marshall Islands and does not hold any regulatory licenses from recognized authorities, making it an unregulated broker. This lack of oversight is a significant red flag for potential investors.
Deposit/Withdrawal Currencies/Cryptocurrencies: The broker accepts deposits and withdrawals primarily through Visa, Mastercard, and wire transfers. However, it does not support e-wallets like Skrill or Neteller, limiting options for many traders. Users have reported high withdrawal fees, which can be as much as $50 for wire transfers, adding to the overall cost of trading.
Minimum Deposit: The minimum deposit requirement is relatively low, making it accessible for new traders. However, the lack of transparency regarding fees and withdrawal conditions can lead to unexpected costs.
Bonuses/Promotions: Nasdaq 500 does not appear to offer any bonuses or promotions, which is common among unregulated brokers as they often focus on generating revenue through trading fees and spreads.
Tradable Asset Categories: Nasdaq 500 allows trading in various asset classes, including forex pairs, cryptocurrencies, commodities, and indices. This diversity can attract traders looking for multiple investment options.
Costs (Spreads, Fees, Commissions): The spread for major currency pairs like EUR/USD is reported to be around 3 pips, which is higher than the industry average. The absence of clarity regarding additional fees can be a concern for traders who value transparency.
Leverage: Nasdaq 500 offers leverage up to 1:200, which can be appealing for traders looking to maximize their exposure. However, high leverage also increases risk, particularly in a volatile market.
Allowed Trading Platforms: Traders can utilize both the Activ8 platform and MetaTrader 4, providing flexibility depending on user preference. However, the unavailability of MetaTrader 5 may limit options for some traders.
Restricted Regions: While the broker operates globally, its unregulated status may deter traders from certain regions, particularly those in jurisdictions with strict regulatory requirements.
Available Customer Service Languages: Customer support is available in English, but the quality of service has received mixed reviews. Some users report slow response times and inadequate support.
| Category | Rating (out of 10) |
|---|---|
| Account Conditions | 3 |
| Tools and Resources | 5 |
| Customer Service and Support | 4 |
| Trading Setup (Experience) | 6 |
| Trustworthiness | 2 |
| User Experience | 3 |
Account Conditions (3/10): The account conditions at Nasdaq 500 are less than favorable due to its unregulated status and high withdrawal fees. Users have expressed concerns about the lack of clarity regarding terms and conditions.
Tools and Resources (5/10): Nasdaq 500 provides a range of educational resources, including ebooks and webinars. However, the overall quality and accessibility of these resources can vary, impacting user experience.
Customer Service and Support (4/10): Customer support is available, but users have reported slow response times and limited assistance. This can be frustrating for traders who encounter issues while trading.
Trading Setup (Experience) (6/10): The trading experience is generally smooth, with access to both the Activ8 platform and MetaTrader 4. However, the higher spreads and fees can detract from the overall experience.
Trustworthiness (2/10): The lack of regulatory oversight is a significant concern for traders. Many reviews highlight the risks associated with unregulated brokers, making trust a major issue.
User Experience (3/10): While the platforms are user-friendly, the overall experience is marred by high fees and limited payment options. Many users express dissatisfaction with the withdrawal process and the lack of transparency.
In conclusion, the Nasdaq 500 review reveals a broker that, while offering a range of trading options, poses significant risks due to its unregulated status and high fees. Traders should exercise caution and consider alternative options before committing their funds.
