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The WikiFX Score of this broker is reduced because of too many complaints!
Narsq
China|2-5 years| Suspicious Scope of Business|High potential risk|
https://www.narsq.com/us/
Website
Rating Index
Contact
+17622463285
market@narsq.com
https://www.narsq.com/us/
The WikiFX Score of this broker is reduced because of too many complaints!
Licenses
No valid regulatory information, please be aware of the risk!
VPS Standard
No restriction on the broker account. Support service provided by WikiFX
Single Core
1G
40G
Open Now
Contact number
English
+17622463285
Other ways of contact
Broker Information
More
Company Name
Narsq Futures Limited
Abbreviation
Narsq
Platform registered country and region
China
Company website
Pyramid scheme complaint
Expose
Check whenever you want
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Warning: Low score, please stay away!
3
Previous Detection :
2024-07-09
- 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!
- The current information shows that this broker does not have a trading software. Please be aware!
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 | -- |
Platform Capital Ratio
--% 
-- --
100%--% 100%
- 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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Exposure
15 pieces of exposure in total Pyramid scheme complaint
Expose Unable to Withdraw
Cannot withdrawal
I’ve made withdrawal order application since 12.03.2021 only 101 USD, but they are still not pay after over 18 days. It’s very slow.
2021-03-30 02:06
Scam
narsaq is scammers I warn this biggest scammer {My problem is not resolved }
narsaq is scammers I warn this biggest scammerthey take all of the money in one second and now is $22,000 negative I will drop my money but take too long after that it take all of the money let’s hope this is a big scammert
2021-03-28 05:23
Unable to Withdraw
Withdrawal is very slow
I sent the withdrawal application on 2-3 March amount 8,500 USD but it has been rejected for 2 times after reviewed in next day, cannot withdraw. Then I try to send new withdrawal application on Thursday 4 March amount 3,000 USD and I’ve been still waiting for administrator review for 3 days.
2021-03-07 23:27
Unable to Withdraw
Denied Withdrawal
After my investment of 17,600 USD has accrued some gains, They are requiring me to deposit 3,200 USD first to unfreeze my account. Take note, this is supposedly my second withdrawal only since I started trading February 16, 2021. Upon searching, I have found out that Narsq has no license and yet still operational.
2021-03-28 17:14
Scam
People, be careful, these girls are scammers of NARSAQ, they will establish a relationship with you and take you to invest in that company. I warn you
People, be careful, these girls are scammers of NARSAQ, they will establish a relationship with you and take you to invest in that company. I warn you to be careful of them.
2021-04-17 15:26
Resolved
Withdrawal is too slow
I submitted a withdrawal of $14,000 on March 1st and arrived on March 2nd. The deducted handling fee is $12. I hope that the platform can solve this problem. I hope that the account will arrive soon and the handling fee will be lower.
2021-03-02 06:51
Scam
Watch out for Hong Kong's biggest swindler and
People beware this company is a scammer. they promised me that my money would be returned in the negative $ 22,000, but the subscribers' order did not even answer me I lost $ 75,000, they are invested in you by men and women outside the company in unimaginable ways, and then they completely destroy your money.
2021-03-27 08:27
Unable to Withdraw
The entire platform operation is a fraud
They collected commissions and caused me to lose so much, but didn't let me withdraw funds at the same time. The entire platform operation is a fraud. They suspended my account on grounds of IP issues. I’ve used this account for a long time. This time I just traded twice within a week. The customer service said it would take three months to withdraw funds but i never received any message from them it was my writing to financialrecovery.tech that eventually got me access to withdraw. The official Narsq Futures customer service said we could email them to solve problems. However, there is no one replying to us. This broker is basically going to abscond with your money!!!
2021-03-31 00:04
Resolved
narsaq is scammers I warn this biggest scammer
they take all of the money in one second and now is $22,000 negative I will drop my money but take too long after that it take all of the money let’s hope this is a big scammert
2021-03-23 15:31
Scam
Scam on MT5 by BrokerNARSAQ FUTURES
Hi, I wanted to give you one last warning because we are very busy exposing your company.and then empty their money by sending wrong information by their employees. We will report this to the International Police. Unless your company returns the stolen money.
2021-03-30 02:06
Scam
People beware, these are Ukrainian scammers working for Narsaq, they meet you on Tinder dating site and start a romantic relationship with you and inv
People beware, these are Ukrainian scammers working for Narsaq, they meet you on Tinder dating site and start a romantic relationship with you and invite you to invest in narsaq. They say they live in Macau. They have already stolen millions of people's money by investing in this company and giving wrong information
2021-04-21 08:49
Scam
Scam on MT5 by BrokerNARSAQ FUTURES
Hong Kong's swindler..was scamed by broker Narsaq futures limited which using Meta Trader 5 Platform to clean all money from my account .They say I showed them pictures of demo accounts to show that a lot of money could be made. They say all these pictures are lies and your friend is working for Narsak at all and these words were all lies. They say he specifically placed an order to withdraw your money because Narsak knew you wanted to withdraw 12,000. They say that if your friend had the wealth they say had helped you by now, because she knew that if order 130 in MT5, the money would be lost. they work for Narsak they have people how work uitsite narsaq and manipuleren situation .
2021-03-30 01:14
Others
I warn people that this woman is a scammer, who works for Narsaq.
I warn people that this woman is a scammer, who works for Narsaq. He tricks you into investing in this company. And even he's deposit money. But all this is a plan to take your money there and empty it at the right time
2021-04-14 11:35
Resolved
Be careful
I met a warm-hearted man in a dating app. He said he was Chinese and lived in Thailand. I called him once, he sounded like Chinese. After several days, he told me to trade XAU/USD. But I don't know what it is. But I deposited some money in the end. Now, I can't withdraw funds
2021-01-06 14:17
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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