Broker | |
---|---|
Official website | |
Social network | |
Date of foundation | 1970 |
Head Office | 151 W. 42nd Street, New York City, NY, 10036, United States |
Company owner | Nasdaq, Inc. |
Types of support | OfficeFeedback form on the siteChatHelp Center |
Phone Support | |
Languages | English |
Terminals | PRIMEX, Select Net, Montage |
Min. first deposit | From 250 USD |
Brokerage commission | Yes |
Leverage | Until 1:20 |
Spreads | From 0.2 points |
Free demo account | No |
Adjustable | Yes |
Regulators | SEC |
Types of assets | Stocks Bonds Indexes Products Futures ETF |
Account Currencies | EUR, USD, More than 20 types of currencies |
Reliability Rating | AAA |
Mobile apps | No mobile apps available |
Weekend trading | No |
Tournaments/competitions | No |
Trader training | Reference section |
Trust management | Yes |
Fee for using the terminal | No |
Withdrawal fees | No |
Trading robots | Yes |
Asset management | No |
Managerial assistance | No |
Trading ideas | No |
Single Account | No |
EIS | No |
Autosequestration | No |
Analytics | No |
Margin trading | Yes |
Whose shares can be purchased | Facebook, Adobe Systems, Apple, Google, Tesla Motors, McDonald`s Corporation, The Coca-Cola Company |
Markets | The whole world |
Affiliate Program | No |
Advantages | Huge selection of liquid instruments Loyal listing requirements for small capitalization companies Transparency and accessibility of online commerce Technology platform with high speed of operations Convenience of operation |
Disadvantages | Complaints about disadvantageous conditions of brokers |
Number of companies in the listing | Over 3,000 |
Listing on the stock exchange | NDAQ |
Equity market capitalization for 2019. | $12 trillion. |
Brokers giving access to the exchange | United Traders, etc. |
Company requisites | Legal name: Nasdaq, Inc. Legal address: 151 W. 42nd Street, New York City, NY, 10036, United States |
Date of update | December 6, 2024 |
Overall assessment | 4.7/10 |
Is NASDAQ a Scam? Complete Review and Real Customer Feedback
NASDAQ is an iconic American stock exchange that is one of the major ones in the world and the biggest one in Uthe SA. This is a very respectable and popular financial project with sizeable plough-back (2nd place among exchanges in the world), attractive assets for investments, convenient trading through stock brokers, etc. Sure, every ambitious trader is longing to cooperate with this platform, which has already proven its reputation.
So, is NASDAQ a scam that deceives customers by enticing them with its unique features, or is it the opposite — a safe and stable platform for truly profitable investments? The answers, along with a wealth of other valuable insights, can be found in the latest review on our project.
NASDAQ exchange, or National Associations of Securitas Dealers Automated Quotations, was founded in 1971 and initially operated as the first message board for the purchase and sale of assets. Here the information was provided about a valuable security, its supply and demand price. And yet the exchange had a low yield and wasn’t popular by investors. In 1975 the platform started cooperation with small entities from around the world, of which the major part were hi-tech companies. Very soon it grew to the ocean-spanning platform for stock market trading, which became much more appealing to investors. In the year 1982, there were over 1000 projects already, so they needed convenient information separation in the system, there was the index NASDAQ National Market implemented, then NASDAQ 100 and the NASDAQ Financial Index. Today the plough-back of listed companies is over 6,8 bn USD, which lets it take the honorary second place among similar platforms.
For the time being it is the entire corporation NASDAQ OMX Group consisting of several companies at once, with platforms in Northern Europe, UAE, Lithuania, Finland, Denmark, Norway etc. It provides advisory services for nearly 80 platforms in 50 countries, and its offices are located across the globe. Over 3.7 thousand brokers are represented here providing 10% of the global stock activity. NASDAQ trades the assets of corporations producing gadgets and electronics, companies engaged in IT, car industry fields, etc. Today it affects a lot the global economy, is very popular in the financial world, and its data are among the most respectable ones in the market.
There are a great number of indices offered on the exchange, these are, for instance, NASDAQ Biotechnology, NASDAQ 100, After Hours NDX, and so on. Here are also the Dow Jones Industrial Average and S&P 500 calculated. Generally, these indices are studied and traced, as the prices change constantly, opening great ways for gainful investments. NASDAQ National Market Composite Index is among the essential ones, with national companies in its listing. NASDAQ 100 Index, Industrial Index, and Financial Index are also interesting, with published information on industrial and financial companies. Curiously, on the exchange, there are also indices of its competitors introduced, for example, FTSE NASDAQ 500 Index, NYSE Composite, S&P, etc.
The advantage of the platform is that it operates on an electronic-technical basis, which lets one provide investors with high asset liquidity and trading convenience. Apart from this, there was a cryptocurrency exchange DX.exchange for digital assets trading opened recently. Here the cryptocurrencies may be bought on fiat money and the earnings are withdrawn quickly.
NASDAQ offers an entire range of services, among which traders may always find something helpful: shares, derivatives, Forex, ETF etc. Interestingly the project preserved the initial features of the operation process: during the session, the bidders compete for the order execution. The players shall maintain the capacity of the stock turnover, and if they are not in a position to execute an order, they complete it at their own expense. For a trader to be able to seize the stock market opportunities, he deals with a broker providing access to it. For example, there are the companies FINAM, United Traders and BKS. Besides, you shall carefully pick such a company, for that the actual stock broker rating is recommended.
Rules of Cooperation with NASDAQ
- The limited trading time is from 9:30 a.m. to 4:00 p.m. (North American time zone, platforms PRIMEX and Super Montage), then trading takes place in special terminals till 8:00 p.m. (Select Net).
- There are market makers executing customers’ orders. They set quotations and keep the assets’ liquidity. If there are no offers in the market, they have to execute an order with their own capital.
- The assets’ quotations are the result of a comparison of market makers and alternative systems data.
- The unique exchange platform will let you get a tidy income from investments in the most promising global companies.
- Due to the implementation of advanced trading solutions (SOES, ECN, SuperSOES, SuperMontage), transactions get executed by very favorable prices. The core role plays ECN (SOES, ECN, SuperSOES, SuperMontage) – the systems, which incur purchase and sell orders automatically.
The exchange bets on high-tech companies even today. So investors prefer a platform with high volatility and a wide range of emerging assets. So here are the shares of startups Cisco, Yandex, Apple, PayPal, etc. For the quality exposure of the status of the asset the company purchased in 2013 the agency Thomson Reuters, which is popular already, lets it communicate the relevant information about market trends and favorable offers. Trading goes easy, the platform became popular due to comfort, quick access, and safety. The brand enjoys investors’ confidence and has the juice, every tenth transaction takes place right here. Traders from over fifty countries attend the trade, which gives them the chance to become a part of the huge system easily.
The project customers get their earnings from the share prices running up and down, also you can earn dividends from assets that are easy to buy. An investor will love the option of investments in domestic enterprises. For the income to be more substantial, there is the leverage level option provided. The official website nasdaq.com has a huge news base, which will be convenient, especially for those exchange players, who speak English. There are also training materials available, 24-hour support, automated transactions, economic calendar, and professional analytics. The website nasdaq.com is available in English only, so users not speaking this language will face some inconveniences studying it.
Deposit and Withdrawal
All transactions relating to money are being performed on a stock market platform, which the trader deals with. In order to work with these transactions more smoothly, you need to study the options of trading platforms and deal with those of them only, which provide convenient trading terms for the investor.
Complaints Against NASDAQ
Studying users’ feedback about the NASDAQ exchange, we noticed that there are a lot of comments, that more often than not traders tell concerned readers about their experience with stock brokers. Usually, the exchange is marked favorable because of the option of easy investments to promising companies, earnings from share purchase, a wide range of assets, convenient operation, vast experience, and trust in its reputation.
Negative feedback often to broker platforms, which don’t deliver on their commitments before customers: these are the long withdrawals, no contact with managers, unfavorable terms, or instance, high spreads, etc. Generally, traders trust the global exchange and recommend it to their friends as a perfect option for earnings on investments in shares of the global majors.
NASDAQ Regulator
NASDAQ has a license from a major regulator SEC securing safe operation. Traders use its options trading on platforms of reliable stock brokers, this makes the cooperation with the market effective. The company is also licensed by such financial entities as FINRA (Financial Industry Regulatory Authority) and NASAA (North American Securities Administrators Association).
Is NASDAQ a Scam?
NASDAQ is one of the most reputable companies operating in financial markets. This renowned stock exchange boasts a rich history and is considered one of the largest and most popular exchanges in the United States and worldwide. Over the years, it has evolved into an intercontinental online platform, ranking second in profitability. Thanks to its scale, user-friendly operations, and extensive range of tradable assets, the platform is attractive to both novice and experienced market participants. Moreover, professionals highly value working with a broker that has a strong reputation and proven reliability.
This stock exchange facilitates easy and efficient investments in shares of various global companies, including well-known brands, established corporations, and national icons. It hosts companies across industries such as IT, aerospace, automotive, and biotechnology. The opportunity to earn significant returns by investing in shares of companies like Facebook, Google, Cisco, and Apple attracts traders from all over the globe. Additionally, investors can benefit from dividends and long-term returns on purchased assets. Its advanced platform enables access from anywhere in the world.
The broker’s terminal allows traders to invest with ease and confidence, ensuring a promising return on investments. This seamless process provides a viable way to earn a substantial income through exchange operations. The platform’s interface displays real-time offers and ensures quick access to investment opportunities. After completing registration, traders can quickly integrate into one of the world’s most robust and influential financial systems.
NASDAQ operates under the regulation of the SEC (Securities and Exchange Commission), ensuring the safety and stability of trading. This licensing reinforces trust, proving that NASDAQ is not a fraudulent scheme but a well-established exchange with a long-standing track record. Its experience and customer trust solidify its position as a reliable platform for global traders.
Thanks to the implementation of advanced technologies, transactions on the platform are executed quickly, and all market information is readily accessible to investors at any time. Users can enhance their profit potential by utilizing tight spreads and leveraging tools. The platform is also characterized by the high volatility of its assets, which creates opportunities for significant returns. Additionally, the official website, nasdaq.com, provides extensive resources, including market news and information about brokers collaborating with the platform.
Many financial companies rely on NASDAQ’s data, which investors frequently incorporate into their trading strategies. The stock exchange has received numerous reviews from traders, most of which are positive. Key advantages cited include a wide range of shares, fast market access, high asset volatility, substantial income potential, efficient transaction processing, and leverage options. However, some concerns are noted, such as extended withdrawal times and the website being available only in English. These issues are often linked to specific brokers rather than the exchange itself.
So, is NASDAQ a scam? After a thorough analysis of its services, the answer is “no”. NASDAQ stands out as a leader in the financial market, offering a robust reputation, a wide array of tools, seamless and fast access to trading opportunities, and lucrative investment options. It remains one of the most trusted and reliable platforms for global investors.
Summary
NASDAQ is a globally renowned stock exchange with an undeniable influence on financial markets. It ranks second in profitability and offers a wide array of unique tools and opportunities for traders. Any investor interested in leveraging its capabilities can easily register an account through a broker, explore the extensive database of market offerings, and achieve significant returns by investing in them. With access to shares of well-known companies, high asset volatility, and leverage options, the exchange continues to attract seasoned and institutional investors alike.
NASDAQ has become synonymous with quality and reliability, serving as a trusted platform for promising traders seeking substantial returns. While our analysis does not categorize NASDAQ as a scam, we encourage feedback from traders actively engaged in stock market investments. Sharing firsthand experiences, insights on live stock trades, and honest evaluations of the platform’s advantages and drawbacks can provide a clearer picture of its real-world performance.
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