Nash Markets is a forex and CFD broker that provides online trading services globally. It is an offshore forex broker located in St. Vincent and the Grenadines. The broker offers a wide range of trading instruments including stock CFDs, indices, commodities, and cryptocurrencies. Being an unregulated forex broker enables Nash Markets to offer high leverage and unrestricted trading, which are often restricted in many regulated markets. However, the lack of regulation also exposes traders to potential risks. Despite this, many traders opt for Nash Markets due to its competitive trading condition, high leverage, and lower minimum deposit.
In this content, we will analyze and review Nash Markets, exploring its features, pros, and cons. We will also answer the most common questions people ask about Nash Markets. By reading this review, you will gain a better understanding of whether Nash Markets is the right broker for your trading needs and preferences.
What is Nash Markets?Â
Founded in 2020, Nash Markets is an online forex and CFD broker. It is an offshore forex broker that offers 138 forex pairs, stocks, indices, commodities, and cryptocurrency services to traders worldwide. The broker allows all trading styles including scalping, hedging, news trading, etc. The maximum leverage of Nash Markets is as high as 1:500.
Nash Markets at a Glance
- Founded Year: 2020
- Headquarters: Marshal Island
- Minimum Deposit: $10
- Maximum Leverage: 1:500
- Regulations: None (Unregulated Offshore Broker)
- Trading platform: TradeLocker
- Account Types: Standard, Pro, Var, Mini, Cryptos
- Trading Style: Trading Styles: Scalping, Hedging, Swing Trading, Day Trading, Automated Trading
- Payment Options: Cryptocurrencies (ETH, LTC, XRP, DOGE, USDT)
- US Traders: Accepted
Key Features:
- Trading Instruments: stock CFDs, indices, commodities, and cryptocurrencies.
- Trading Platforms: TradeLocker
- Minimum Deposit: $200
- Maximum Leverage: 1:500
- Trading Fees: Trading fees (spreads and commissions) depend on account types. The minimum spread is 0.5 pips for the Standard account, $10 per lot for the Pro account, $1 for the Mini account., and $10 for the Cryptos account.
- Minimum Trade Size: 0.01 lot.
- Maximum Trade Size (Lot restriction per Ticket): 1000 Lots (Dependent on asset types)
- Funding Currencies: USDT (TRC20)
- Maximum Number of Positions ( At a time): 200 for MT4, MT5 Live account, 100 for MT4, MT5, demo accounts, 2000 for Ctrader trading account.
- Maximum Volume per trade: The maximum volume per trade ranges from 50 to 250 lots, depending on the platform type and tradable assets. For Shares CFDs, the maximum volume is 1000 shares in total
- Trading Style Allowed: All including Scalping, hedging, News trading, and EA Trading.
- PAMM/ MAM: Available
- Stop Out Level (retail): 70%
- Margin Call Level: 100%
- Negative balance Protection: Yes
- Investor Protection: No investor protection is Available.
- Account Opening: Fully Online Account opening. It may take only 5 to 7 Minutes. The demo account has 30 days of validity.
- KYC Verification: Required
Nash Markets Pros and Cons
Pros :
- Low Minimum Deposit – Starting from $10
- Allow Crypto CFD Trading
- Demo Accounts are Available
- Higher Leverage for US, and EU clients.
- Allow Scalping, EA Trading, and News Trading
- Nash Markets Accepts Crypto Deposits
Cons:
- Offshore Broker with very limited information
- Limited Deposit and Withdrawal Option
- Spread sometimes widens during market volatility
- Unregulated Forex broker
- No Managed Account Options
- No Meta Trader ( MT4/MT5) trading platforms.
Our Ratings for Nash Markets:
Review and Reputation on Public Domains:
Public review sites like Trustpilot and Forex Peace Army have become important sources of information about brokers. Many traders share their real-life trading experiences on these platforms. However, there are also many fake or paid reviews on these platforms, and sometimes competitors leave negative reviews. This makes it challenging to find genuine reviews. By carefully reading the content and context of the reviews, you can often discern their authenticity. Do not blindly rely on these reviews; instead, use them as part of your overall broker research process
Nash Markets Ratings and Reviews from Trustpilot:
Nash Markets has earned a rating of 2.9 out of 5 on Trustpilot. These high ratings indicate customer satisfaction and trust. After carefully examining the reviews, we found that most of them are genuine, provided by real users sharing their real-life trading experiences.
Nash Markets Ratings and Reviews from Forex Peace Army:
Nash Markets has achieved an average rating of 3.12 out of 5 on Forex Peace Army (FPA). We’ve observed numerous brokers on FPA, and most brokers tend to have lower ratings. Several reasons might contribute to this. There is a complaint that FPA does not approve all positive reviews and only approves negative ones for the sake of their business. To understand the real reviews, traders should focus on the content of the reviews. Typically, fake, paid, or competitor reviews are generic. While you should consider these reviews as part of your research process, you shouldn’t make decisions based solely on them. For instance, if you encounter any user complaints, you might discuss them with the broker to verify if such issues exist. Additionally, you should review the broker’s policy and terms of service.
Frequently Asked Questions
Is Nash Markets a Legit Broker?
Nash Markets is considered a good offshore forex broker and is registered in St. Vincent and the Grenadines. The broker offers a variety of trading instruments, including stock CFDs, indices, commodities, and cryptocurrencies. However, the broker is not regulated or authorized by any regulatory authority. Due to this lack of regulation and the absence of available financial information, we do not recommend trading with Nash Markets.
Is Nash Markets regulated?
No, Nash Markets is not a regulated broker. It is an unregulated offshore forex broker which offers restriction-free trading facilities.
Does Nash Markets Offer CFD Trading?
Yes, Nash Markets offers CFD trading. CFD is a form of derivative trading that allows traders to speculate on the price movements of various financial instruments such as stocks, commodities, indices, and currencies, without actually owning the underlying asset. Nash Markets provides a variety of trading CFD instruments including stock CFDs, indices, commodities, and cryptocurrencies.
Where is Nash Markets Located?
Nash Markets is located in St. Vincent and the Grenadines. St Vincent and the Grenadines is the home of many offshore forex brokers.
Does Nash Markets require KYC Verification?
Yes, Nash Markets requires KYC (Know Your Customer) verification. This process involves verifying the identity of its clients to comply with brokers’ requirements and ensure the security of the trading environment. Typically, this includes providing identification documents such as a passport or driver’s license, and proof of address, such as a utility bill or bank statement
Does Nash Markets payout?
Yes, Nash Markets does payout to its clients. Traders can withdraw their funds from Nash Markets using cryptocurrencies only. Payouts are processed within 24 hours. Once processed, it can take 1-6 hours, or as soon as there are 3-6 confirmations on the blockchain before the funds will be available in your crypto wallet
Is Nash Markets an ECN broker?
Yes, Nash Markets is an ECN forex broker. The broker offers the Pro account as ECN Accounts.
What is the minimum deposit for Nash Markets?
The minimum deposit for Nash Markets is $10. However, the required minimum deposit varies based on the account type. For example, the cryptos account requires a minimum deposit of $10, the Standard (Pro, Var account) also requires $200, and the Mini account requires $50.
Conclusion:
Nash Markets is an offshore forex and CFD broker that offers online trading services to traders and investors worldwide. The broker provides a wide range of trading instruments, including stock CFDs, indices, commodities, and cryptocurrencies. The broker’s spreads start from as low as 0.0 pips. Nash Markets offers high leverage (as high as 1:500 ) and a low minimum deposit (as low as $10). The restriction-free trading facilities, such as CFD trading, lower minimum deposit, and higher leverage, make Nash Markets a good choice for many traders.
However, the broker is not regulated by any regulatory authorities. Therefore, do your research and ensure you are comfortable with this. We only recommend brokers regulated by the relevant financial authorities.