Nash Markets Review
Nash Markets is a straight-through-processing (STP) retail online forex and CFDs broker that uses the popular MetaTrader trading platforms and a custom trading platform to allow hassle-free trading on over 200 financial assets, including CFDs of forex, stocks, indices, commodities, and cryptocurrencies. They feature minimal spreads starting at 0 pips and a $10 minimum deposit requirement.
Nash Markets is an online forex and CFD broker that operates from St Vincent and the Grenadines. The broker has a decent product portfolio of over two hundred financial instruments. The asset classes offered by the broker are CFDs of forex, commodities, indices, cryptocurrencies, and stocks (US/EU). Nash Markets offers the most popular and user-friendly trading platform in MetaTrader. Traders can start trading with zero spreads or zero commission fees, depending on the account type they opt for. The broker has a dedicated educational resource section and offers additional trading tools to help you make informed trade decisions. However, the lack of regulation could deter many potential users with so many other regulated brokers to choose from which you can find in our broker ratings.
The broker has a low minimum deposit and a reasonable selection of financial products offered to trade with tight spreads on the zero-spread account. Nash Markets offers a proprietary mobile trading app which is modern and intuitive, but perhaps limited somewhat in terms of detailed market analysis. They do have the MT4 platform for all of your devices which is one of the most widely utilised trading platforms used by traders and investors all over the world. On the other hand, the broker only currently offers cryptocurrency as a deposit and withdrawal method. This means that you may need to pay a high blockchain fee. They are also not currently regulated which may deter quite a few potential clients. However, this lack of regulation does mean that they can offer certain products and features that a regulated broker may not be able to.
Nash Markets offers over 200 financial instruments including CFDs on forex, commodities, indices, cryptocurrencies, and stocks. The broker offers to trade with Straight Through Processing (STP) which means quick trade execution speeds, and traders can start trading with tight spreads using ECN accounts. You cannot trade actual stocks, bonds, ETFs, or options with Nash Markets. Putting things into perspective, Exclusive Markets have a huge selection of over 30,000 financial instruments in comparison.
Nash Markets Instruments Summary
| Instruments | Nash Markets |
|---|---|
| Forex | ✓ |
| Stocks | ✓ |
| Indices | ✓ |
| Commodities | ✓ |
| Cryptos | ✓ |
| Options | x |
| Bonds | x |
| ETFs | x |
| CFDs | ✓ |
Commission and Spread Fees
Nash Markets offers a variety of trading accounts which is good as it means you can choose a fee structure that works best for your own trading strategy. You can start trading on zero pip spreads and pay a quite hefty $10 commission per lot traded on a pro account. On the other hand, you can trade on a high spread starting from 1.0 pip and pay no commission. The broker offers five account types to its clients to trade with different conditions. I think it is good that there is flexibility available, but you can find better conditions in terms of overall trading costs if you shop around. For instance, RoboForex have tight spreads starting from 0.0 pips with a lower commission fee of just $4 per standard lot, round turn. They also have a much greater selection of over 12,000 instruments for you to choose from.
| Fee | Standard | Pro | Var | Mini | Crypto |
|---|---|---|---|---|---|
| Commission (per standard lot per side) | $5 | $10 | $0 | $1 | $10 |
| Spreads from | 0.5 | 0.0 | 1.0 | 1.2 | Variable |
Deposit and Withdrawal Fees
Nash Markets does not charge any deposit or withdrawal fee from its clients. However, the crypto exchange or wallet may charge some transaction fee, so you should check the fees of your cryptocurrency exchange.
Inactivity Fees
There is no information available on the Nash Market’s website about an inactivity fee.
Nash Markets offers third party MetaTrader 4 and MetaTrader 5 as its primary trading platforms on desktop, mobile apps, and the web. The broker also has a proprietary mobile trading app.
MetaTrader 4 (MT4)
Nash Markets offers the MetaTrader 4 trading platform. Because of its easy interface, security, customisability, stability, and feature-rich environment, the MT4 trading platform is extensively utilised by traders and investors of all expertise from across the world. The MT4 platform provides users with all of the tools they need to trade at their leisure and make the most educated and intelligent trading decisions possible. MT4 is usually used for trading forex but does support other instruments. It is available in three different apps: desktop, web, and mobile. Features of MT4 offered by the broker are:
- 11 time frames
- 3 chart types
- Market, limits, stop orders
- Trailing stop
- User-friendly interface
- Push notifications
- Live price quotes
- Automated trading with Expert Advisors
- One-click trading
- Technical indicators and charting tools
MetaTrader (MT5)
MetaTrader 5 is a multi-asset, multi-function trading platform designed for institutional investors. MetaTrader 5, unlike MetaTrader 4, which focuses primarily on the forex markets, allows stock and commodity trading. It has web, online, and mobile versions, built-in trading robots, a freelancing database of strategy creators, copy trading, and virtual hosting. The platform interface has 31 languages and may be downloaded for free from your broker. Some of the core features of MT5 are:
- An interface that is simple to use
- Charting tools and technical indicators
- 8 order types
- 21 time frames
- Asset class diversity
- Market watch
- Depth of market
- One-click trading
- Push notifications
Mobile Trading (Nash Markets App)
The Nash Markets trading platform, a proprietary platform with a mobile trading app, is also available. It’s great for traders who want to check their trading accounts and trade while on the go, as long as they have access to the internet. Nash Markets app is available for both iOS and Android mobile devices.
Trading Tools
Nash Markets offers standard trading tools like position size calculator, correlation tool, account analyser, and risk calculator. I think there is great room for improvement here. I would like to see them add some more additional tools to support traders when it comes to market analysis. Competitors such as Markets.com have plenty of free premium tools for you to take advantage of.
Nash Markets Platforms Summary
| Platform | Nash Markets |
|---|---|
| MetaTrader 4 (MT4) | ✓ |
| MetaTrader 5 (MT5) | ✓ |
| cTrader | x |
| Proprietary | ✓ |
| Desktop | ✓ |
| Web | ✓ |
| Mobile | ✓ |
| Social Trading | x |
| Other | x |
Traders may use the broker’s website to access a variety of educational resources to assist them in making educated trading decisions. Market insights, news, and instructional pieces are among them. The “Insights” section on the broker’s website contains global market updates. There is also a FAQ section with solutions to some of the most often asked topics by traders. The broker doesn’t provide any economic calendar, educational videos, platform tutorials, or trading course content. If you are a beginner and looking for more support along the way, CM Trading have lots of trading guides and videos to bring you up to speed with the markets. Nash Markets has no record of conducting any seminars, webinars, or podcasts until now. Moreover, the broker has no helpful trading tools such as Trading Central or Autochartist to help traders do a more in-depth technical analysis.
Nash Markets Research and Education Summary
| Resources | Nash Markets |
|---|---|
| Market Analysis | ✓ |
| Guides | ✓ |
| Videos | x |
| Webinars | x |
| Autochartist | x |
| Trading Central | x |
| Economic Calendar | x |
| Other (position size calculator, correlation tool, account analyser, and risk calculator) | ✓ |
Currently, Nash Markets has Debit/Credit cards and cryptocurrency transfers as deposit or withdrawal options on their website. Cryptocurrency transactions are only processed in Bitcoins and through a specific cryptocurrency wallet number provided by the broker. The minimum deposit is $10. However, there is no amount specified for withdrawal. The broker claims to process deposits in one hour or depending upon the processing time of the cryptocurrency exchange. Withdrawal processing time is claimed to be 1-2 hours. I think they could improve by adding support for e-wallet funding. This would help traders avoid hefty blockchain fees and can also be quicker to complete transactions. if you are looking to fund your account in something other than crypto, you may want to consider a broker such as FXTM as they have plenty of funding options for you to choose from.
Nash Markets Funding Summary
| Payment Method | Deposit | Withdrawal |
|---|---|---|
| Wire Transfer | x | x |
| Credit/debit Card | ✓ | ✓ |
| Electronic Wallets | x | x |
| Cryptos | ✓ | ✓ |
At this time, the broker is not regulated by any recognised financial body. Many experts and professionals would not trade with an unregulated broker since they are unable to offer investors the same level of safety as a regulated brokerage company. However, lack of regulation does mean that Nash Markets can offer some products and services that a regulated broker cannot. If you would prefer to trade with a regulated broker, you may wish to have a look at AvaTrade instead. They are one of the most well-regulated brokers that you will find.
Nash Markets Regulation Summary
| Regulator | Nash Markets |
|---|---|
| ASIC (Australia) | x |
| IIROC (Canada) | x |
| CySEC (Cyprus) | x |
| SFC (Hong Kong) | x |
| JFSA (Japan) | x |
| MAS (Singapore) | x |
| FINMA (Switzerland) | x |
| FCA (UK) | x |
| CFTC (USA) | x |
| Other | x |
Customers can contact Nash Market’s customer support service, which is civil and quick to respond. Clients can contact the broker’s support by email, online form, social media, or the broker’s website’s Live Chat feature. Customer support is claimed to be provided 24/7 which is great and an advantage they have over many competitors who are limited to weekdays.
Nash Markets offers hundreds of trading instruments across multiple asset classes with tight spreads, decent commission fees and fast execution speeds. However, a lack of regulation and having no long track record could be a red flag for some while choosing a trading broker. The broker does provide demo accounts and user-friendly platforms for web, desktop and mobile, if you wish to try them out before committing funds.
