Score
Narsq
China|2-5 years| https://www.narsq.com/us/
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Licenses
No valid regulatory information, please be aware of the risk!
Single Core
1G
40G
Contact number
+17622463285
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Broker Information
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Narsq Futures Limited
Narsq
China
Pyramid scheme complaint
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- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
- The number of the complaints received by WikiFX have reached 12 for this broker in the past 3 months. Please be aware of the risk and the potential scam!
WikiFX Verification
| Benchmark | -- |
|---|---|
| Maximum Leverage | 400 maximum |
| Minimum Deposit | 1,000 dollars |
| Minimum Spread | 1.2 minimum |
| Products | Foreign exchange, commodities, CFDs |
| Currency | -- |
|---|---|
| Minimum Position | 0.01 lot |
| Supported EA | |
| Depositing Method | (3+) Bank transfer |
| Withdrawal Method | -- |
| Commission | -- |
| Benchmark | -- |
|---|---|
| Maximum Leverage | 400 maximum |
| Minimum Deposit | 1,000 dollars |
| Minimum Spread | 1.2 minimum |
| Products | Foreign exchange, commodities, CFDs |
| Currency | -- |
|---|---|
| Minimum Position | 0.01 lot |
| Supported EA | |
| Depositing Method | (3+) Bank transfer |
| Withdrawal Method | -- |
| Commission | -- |
| Benchmark | -- |
|---|---|
| Maximum Leverage | 400 maximum |
| Minimum Deposit | 1,000 dollars |
| Minimum Spread | 1.2 minimum |
| Products | Foreign exchange, commodities, CFDs |
| Currency | -- |
|---|---|
| Minimum Position | 0.01 lot |
| Supported EA | |
| Depositing Method | (3+) Bank transfer |
| Withdrawal Method | -- |
| Commission | -- |
Bank transfer
| Minimum Deposit | Commission | Exchange rate | Processing time | Currency unit |
|---|---|---|---|---|
| Initial $1000,minimum follow-up $100 | Differs by banks | -- | 1 to 2 working days | GBP , USD , EUR |
Unionpay deposit
| Minimum Deposit | Commission | Exchange rate | Processing time | Currency unit |
|---|---|---|---|---|
| Initial $1000,minimum follow-up $100 | Free of charge | -- | Generally in real time | CNY |
- Fundamental Item(A)
- Total Supplementary Items(B)
- Debt Amount(C)
- Non-Fixed Capital(A)+(B)-(C)=(D)
- Relative amount of risk(E)
- Market Risk
- Transaction Risk
- Underlying Risk
Capital
$(USD)
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Narsq · Company Summary
General Information
According to the information, Narsq Futures Limited is a broker registered in Hong Kong, China. However, we searched on the Hong Kongs Securities and Futures Commission (SFC) but did not find any regulatory information of Narsq Futures Limited, which obviously means that this broker is not subject to any foreign exchange regulation.
Official Website Unavailable
As of now, the website of Narsq is not available. We can only find some fragmentary information on the Internet.
Market Instruments
Narsq claimed to offer Forex pairs, Gold, Silver, Index and Crude oil trading.
Payment Methods
Narsqs clients were offered the following payment methods: crypto wallet, bank transfer, and ChinaUnionPay. Please note that crypto transfers are untraceable!
Risk Warning
The number of the complaints received by WikiFX has reached 12 for this broker in the past 3 months. According to an investor, Narsq suspended his account that he had used for a long time on grounds of IP issues. In addition, the victim was told that it would take three months to withdraw funds but he had never received any message from them before. To sum up, we assume that the broker Narsq might be closed or run away. Please be aware of the risk and stay away!
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