BROKERNET AUSTRALIA PTY LTD is a contract for difference (CFD) broker registered officially on October 18, 2023. The broker provides users with access to numerous trading markets through its proprietary trading platform and mobile application, including forex, stocks, futures, energy, precious metals, cryptocurrencies, CFDs, and more.
Company Registration Information and Regulatory Status:
According to official information presented on BROKERNET AUSTRALIA PTY LTD's website, the company is headquartered in Australia, authorized and regulated by the Australian Securities and Investments Commission (ASIC) with licence number 488828. Additionally, the broker is registered and regulated by the United States National Futures Association (NFA) and the Financial Crimes Enforcement Network (FinCEN).
Upon verification, it has been found that the licence number 488828 on the ASIC website belongs to STAR FUNDS MANAGEMENT PTY LTD, an entity unrelated to BROKERNET AUSTRALIA PTY LTD. Moreover, neither the NFA nor FinCEN have any records of a registered entity named BROKERNET AUSTRALIA PTY LTD.
Furthermore, the web design and content of this broker match those of several other brokers' websites, including TNFL FX, ABUSA, Hengtuo Finance, VTPTRADE, CTRL FX, and NASDAQK LIMITED.
Account Opening:
To open an account with NASDAQK LIMITED, visit the broker's official website and click "Register" on the homepage or the top right corner of the web page. Start by verifying your email address, set a login password, and submit. Once the application is submitted, the account will be successfully registered.
Trading Account Information:
NASDAQK LIMITED's official website only provides information about spreads, while details such as account types, trading commissions, minimum/maximum trading volume, maximum holdings/orders, minimum price precision, trading leverage, margin call/stop out levels, and contract sizes are not disclosed.
- Spread: Floating spreads from 1 point
Trading Platform:
NASDAQK LIMITED offers users a proprietary trading platform.
Deposits and Withdrawals:
NASDAQK LIMITED does not clearly disclose the supported methods, fees, or minimum amounts for deposits and withdrawals on its official website.
Summary:
Traderknows warns investors that NASDAQK LIMITED is a forex scam website with opaque registration and regulatory information, and it is suspected of false advertising. Users can only contact this broker via email, making the means of contact extremely limited. Its official website's design and content use the same template as other broker websites such as TNFL FX, ABUSA, Hengtuo Finance, VTPTRADE, CTRL FX, and NASDAQK LIMITED itself. Traderknows advises investors to opt for transparent, strongly regulated, and reputable brokers for their investment trading activities to avoid unnecessary financial losses.
Currently, this broker is marked as "Suspected Scam" on Traderknows.
