The brokerage firm claims to be the largest trading platform in the Middle East and shares intriguing statistics: $1.39 trillion in trading volume as of June 2023 and over 200,000 clients worldwide. However, the company hides its founding date and legal address. In addition, the license of a major regulator, which is mentioned on the website, is not available for viewing.

Can you confidently trust your money to this financial organization? We explore this broker’s terms of trade and the legal documents of the Nasesdubai.com platform in our review.

How to Trade

Clients can trade on MT4, MT5, and CTrader terminals. The platform supports over 2 thousand trading products, including cryptocurrency, indices, currencies, and energy. Trading conditions are as follows:

  • Two types of trading plans.
  • 7 AUD per lot.
  • Leverage 1:1000.
  • Spreads from 0.0/1.1 pips.

The intermediary does not name the amount of the minimum deposit, but indicates that a standard account is not subject to commission. However, you can become a VIP trader if you have a nominal trading volume of $15 million.

Withdrawal of funds takes up to 5 days. The bank transfer fee is about 20 Australian dollars.

Additionally, the broker offers the option for users to create automated trading robots. The website also offers news, analysis tools, and online chat.

Nasesdubai.com Vital Info

No registration documents are available on the website, and the company’s launch date is also not specified. Please note that in the Terms and Conditions we found dates of 2020 and 2021, but a different domain is indicated there – nasdaqdubai.com. Could it be that all these Terms were just copied from someone else’s website or broker’s clone? As for the domain name nasesdubai.com, the object of our research, it was created in March 2024. Thus, we can assume that the project has been in existence for less than a year.

Who controls Nasesdubai.com? In the footer of the website, we found information that the laws of the Bahamas regulate this broker. In addition, the license of Australia’s major corporate regulator ASIC is also mentioned on the official website. Despite this, we found Nasdaq Dubai Limited, but only in the UAE database. What is interesting is that it is indeed the largest reputable exchange, which is located in Dubai. Please note that the domain of its website is nasdaqdubai.com, which is stated in the Regulations of the broker we researched, Nasesdubai.com. Obviously, there is no connection between these two companies.

FAQ

What are the key facts about Nasesdubai.com?

The broker does not provide information about the founders of the company, the date of the platform's launch, and the address of its headquarters. Moreover, there is no documentary evidence of the brokerage organization's registration and regulation on its official website either. Finally, the company's name and its regulations are copied from a UAE-based exchange.

What's the risk to my wallet when working with this broker?

Your cooperation with this organization is dangerous, most likely, this legal entity does not exist in nature. We have learned that the platform belongs to anonymous owners who cover themselves with the name and documents of a third-party exchange from Dubai. In addition, you risk losing 100% of your investment by trading CFDs with a leverage of 1:1000, which regulators usually limit to 1:30.

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