SogoTrade Fined $75K Amid Compliance Failures
FINRA fines SogoTrade $75,000 for market access control failures as TopFX advances synthetic indices trading and 24/7 multi-asset solutions.
简体中文
繁體中文
English
Pусский
日本語
ภาษาไทย
Tiếng Việt
Bahasa Indonesia
Español
हिन्दी
Filippiiniläinen
Français
Deutsch
Português
Türkçe
한국어
العربية
Abstract:Nash Markets’ app is said to be a scam. The broker locked users’ accounts after they got verified and did not return their deposit money. Many real users have shared these complaints and reviews. In this 2025 Nash Markets review, you will read about the main complaints and real experiences from users.

Nash Markets‘ app is said to be a scam. The broker locked users’ accounts after they got verified and did not return their deposit money. Many real users have shared these complaints and reviews. In this 2025 Nash Markets review, you will read about the main complaints and real experiences from users.
We have collected many genuine user complaints and reviews about this broker. Here are five common complaints from real traders. Check them out and be cautious.
When we reviewed several Nash Markets user experiences, one alarming case described how a traders account was blocked immediately after verifying his identity and depositing funds. Despite repeated attempts to contact customer support for clarification, he received no help or explanation.

Another trader shared that after submitting identification documents and making his first deposit, Nash Markets verified his account and provided an IBAN number. However, following an additional deposit request, the broker suddenly locked the account and stopped responding to emails or phone calls. His money was never returned.

Many traders who dealt with Nash Markets have reported extremely poor customer service. Users claim that their issues were ignored even after submitting evidence such as screenshots and verification documents. Some reported that support agents were dismissive or unhelpful.

Numerous Nash Markets clients have complained about the brokers refusal to honor promotional offers and deposit bonuses promised on its website. One investor said he never received his welcome bonus, while another stated his entire deposit vanished without reason.

Several users have accused Nash Markets mobile trading application of being unreliable and deceptive. Complaints mention login failures, missing balances, unauthorized trades, and app crashes during key trading periods. Some users even alleged that after an update, their account information disappeared entirely.



According to the broker Nash Markets is operated by Nash Markets LLC., Company Registration Number 223 LLC 2019, with registered address/agent at Suite 305, Griffith Corporate Centre, Beachmont, Kingstown, St Vincent and the Grenadines. Further to the above, Nash Markets LLCs main place of business is at 22A-1 Financial Park Costa del Este, Panama City, Panama. But the license of this broker is not from top regulators like the FCA, SEBI, or ASIC. These are top regulatory authorities. Only if a broker is regulated by these authorities can you trust them.

When we researched Nash Markets on WikiFX, we found that the brokers rating is quite low — only 1.61 out of 10. WikiFX has also issued a warning against the broker, stating that
Warning: Low score, please stay away!
It has been verified that this broker currently has no valid forex regulation. Please be aware of the risk!
You can join the group by scanning the QR code below.
1. Connect with passionate traders – Be part of a small, active community of like-minded investors.
2. Exclusive competitions and contests – Participate in fun trading challenges with exciting rewards.
3. Stay updated – Get the latest daily market news, broker updates, and insights shared within the group.
4. Learn and share – Exchange trading ideas, strategies, and experiences with fellow members.

Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.

FINRA fines SogoTrade $75,000 for market access control failures as TopFX advances synthetic indices trading and 24/7 multi-asset solutions.

A WikiFX review of Zeven Global reveals the absence of regulatory licensing, a low safety rating, and potential risks to investor protection.

FP Markets celebrates 20 years of innovation, global expansion, and award-winning service, reinforcing its role as a trusted multi-asset broker.

GivTrade gains UAE SCA Category 5 licence, enabling advisory, arrangement, and consulting services under strict regulatory oversight.