Nash Markets Review
Richard Montana | August 2, 2022
Nash Markets is a straight-through-processing (STP) brokerage firm that offers hitch-free trading on over 200 financial assets — including forex, stock CFDs, indices, commodities, and cryptocurrencies —using the popular MetaTrader 4 and MetaTrader 5 trading platforms and a proprietary trading app. They have low spreads starting from 0.5 pips, leverage of up to 1:500, and reliable execution speeds at the best possible prices. I like how the broker has some educational resources to help beginners get started and market insights that can inspire trade ideas. You can even open a free demo account if you wish to practice trading online risk free to start with. It only takes a couple of minutes to sign up and receive your login details. The minimum deposit when you are ready to start trading is just $10 and there are is a decent variety of funding options that you can choose from. I think they can be a good broker for anyone who wants quick and easy access to trade online with minimal fuss.
Pros & Cons
- Good range of over 200 financial instruments
- User-friendly trading platforms for all of your devices
- Nash Markets mobile app for trading on the go
- Very low commission fees
- Tight spreads from as low as 0.0 pips
- Fast trade execution speeds
- Nice selection of educational resources
- Market analysis and insights to inspire trade ideas
- Useful tools to help with your analysis and trading
- Crypto deposit and withdrawals
- Low minimum deposit of just $10
- Free demo trading accounts
- Excellent 24/7 customer support
- Cannot accept clients from certain countries
- Do not have FIX API connectivity
- Could add some digital wallet payment options
- No Islamic accounts
- No managed accounts
- Not currently regulated
Headquartered in Kingstown, Saint Vincent and the Grenadines, Nash Markets is a retail trading broker that offers access to trade more than 200 instruments via the MT4/MT5 platforms and an in-house developed app. They have top-tier liquidity, which helps to ensure low spreads and fast trade execution speeds. You can choose from a variety of account types depending on your trading strategy, investment size and financial goals. Traders also benefit from educational resources, trading tools, demo accounts and 24/7 customer support.
The name Nash Markets, is inspired by the great American mathematician John Forbes Nash Jr. John Nash was an American mathematician who was awarded the 1994 Nobel Prize for Economics for his landmark work. He first begun in the 1950s, on the mathematics of game theory. Dr. Nash was widely regarded as one of the great mathematicians of the 20th century, known for the originality of his thinking and for his fearlessness in wrestling down problems so difficult that few others dared tackle them.
Nash Markets is an STP broker that offers Straight Through Processing of trade orders. These are brokers that send the trader’s orders straight to the liquidity providers (major banks) for trade order processing and fulfilment. This can help to make sure that there is no dealing desk intervention and thus, no conflict of interest between the broker and trader. It also helps to ensure access to some of the best available price on the market, depending on the liquidity providers.
Nash Markets welcome traders from all over the globe, regardless of your previous trading experience or investment size. The broker treats all clients the same, with a diverse range of products and services which cater to the needs of all different trading styles.
The broker is not regulated by any known financial authority at the moment. However, this isn’t really a big deal for me personally as I am well aware that lack of regulation does mean that Nash Markets are able to offer certain trading conditions that a regulated broker cannot. If you would prefer to trade with a regulated broker, then AvaTrade are regulated in multiple jurisdictions.
The broker offers its services to clients from different parts of the globe where the use of such services would not be contrary to local laws and regulations. If you find that your country is not accepted for whatever reason, please feel free to browse our broker ratings for an alternative.
Nash Markets clients can choose from the popular, powerful and easy to use MetaTrader platform. They provide both MetaTrader 4 (MT4) and MetaTrader (MT5). MetaTrader was developed by trading software company MetaQuotes. Established in 2000, MetaQuotes is considered as one of the leading developers of software applications for brokerages, banks, and exchanges.
Nash Markets provides traders with the MetaTrader 4 trading platform, which was launched in 2005 by MetaQuotes. The MT4 trading platform is widely used globally due to its simple interface, security, customisation ability, reliability, and feature-rich environment.
I have been using MT4 for many years now and never felt the need to switch to any other platform. I can use it to do everything that I need it to including complex market analysis, placing and managing traders with relative ease. I also find it perfect for running my automated trading strategies.
The MT4 platform allows its users to have all the tools necessary to trade according to their specific convenience and also make the most informed and knowledgeable trading decisions. It is available on the desktop, web, and mobile versions.
MT4 was designed specifically for forex traders, and its features and functionality reflect this. For this reason, MT4 is the preferred software platform for traders primarily focused on the forex market. MT5 has broader applications in contract-for-difference (CFD), futures and stock trading.
- 31 Analytical Objects
- 30 Built-in Indicators
- Hedging Allowed
- 4 Order Execution Types
- 4 Pending Order Types
- Single Thread Strategy Tester
- 30 Technical Indicators
- 9 Timeframes
- Trading Signals
The MetaTrader 5 platform (MT5 platform), is the next generation of forex trading platform to roll off the production line at MetaQuotes. MT5 is the direct successor the most well known and most popular forex trading platform, MetaTrader 4 (MT4). MetaQuotes has integrated all of the features that have made MT4 the excellent forex trading platform that it is, and then improved on them.
Successful traders from around the world have chosen the MetaTrader 5 multi-asset platform for trading Forex, exchange instruments and futures. Your MT5 features real-time quotes, financial news, FX & stock charts, technical analysis and online trading. Free demo accounts are available.
MT4 was specifically built for forex traders, whereas MT5 was designed to provide traders with access to CFDs, stocks and futures. It offers superior tools for comprehensive price analysis, use of algorithmic trading applications (trading robots, Expert Advisor) and copy trading.
- 44 Analytical Objects
- Built-in Economic Calendar
- 38 Built-in Indicators
- Economic Calendar
- Embedded MQL5.community chat
- Exchange Trading
- Fund transfer between accounts
- Hedging Allowed
- 3 Order Execution Types
- 6 Pending Order Types
- Multi-threaded Strategy Tester
- 38 Technical Indicators
- 21 Timeframes
- Trading Signals and Copy Trading
Traders are also provided with some useful trading tools that are aimed at enhancing their overall trading experience. They include position size calculators, correlation tools, account analyser, risk calculators, and more. I found them useful but feel that the MetaTrader platform should have more than enough tools for most traders. Not to mention, you will find an endless number of add-ons available for the platforms and can even develop your own using the built-in programming interface.
Before you open a position on a trade, it’s important to know exactly how much capital you could gain or lose depending on the outcome of the trade. The trading calculators are simple tools designed to help you do just that.
Nash Markets Platform
There is also the Nash Markets platform, a proprietary platform that is available as a mobile trading app. The Nash Markets App can help you to prepare and plan your trades, giving you a quick and easy way to perform money management calculations. I like the convenience of the trading app as I am able to take the markets with me in my pocket and check my trades whenever I feel like it. It is also a handy way to get alert notifications when a certain price level is reached and to follow the latest market news.
The broker’s website contains various educational resources to help traders in making informed trading decisions. These include market insights, news, and learning articles. There is also an FAQ section that answers some of the most common questions that traders may have. I think there is a decent amount but you could always consider Admirals if you are looking for more.
Stay up to date with some of the latest market news with the Nash Markets market insights which cover technical and fundamental analysis of the global markets. This can help you with your trading strategy and decision making. I found there to be some very good analysis that made me aware of some potential trading opportunities that I may have otherwise overlooked.
Nash Markets offer a good selection of over 200 CFDs to trade. You can choose from the following trading instruments: forex, stock CFDs, indices, commodities, and cryptocurrencies. Whatever your interests, there is likely going to be something for everyone to trade. I found everything from major currency pairs to popular cryptos and stocks of major companies. If you want even more variety, Swissquote have thousands of financial instruments.
Contract For Differences
In finance, a contract for difference (CFD) allows you to speculate long (buy) or short (sell) on the price of an asset without having to take actual physical ownership of it. For example, if you thought the price may rise, you might take a buy position. If you thought the price may fall, you could consider taking a sell position. The difference between the assets price from when you open and close the position, is your profit or loss, less any broker fees.
The following trading account options are available at Nash Markets: Standard, Pro, Var, Mini, and Crypto Accounts. Each of the accounts requires a minimum deposit of just $10 and offers access to trade over 200 financial instruments. They also offer low commissions and tight spreads.
- Spreads From 0.5 pips
- Commission: $5 per standard lot
- Minimum Deposit: $200
- CFDs 200+
- Spreads From 0.0 pips
- Commission: $10 per standard lot
- Minimum Deposit: $200
- CFDs 200+
- Spreads From 1.0 pip
- No Commission Fee
- Minimum Deposit: $200
- CFDs 200+
- Spreads From 1.2 pips
- Commission: $1 per lot
- Minimum Deposit: $50
- CFDs 25
- Variable Spreads
- Commission: $10 per standard lot
- Minimum Deposit: $10
- CFDs 17
The Nash Markets demo account can be a great way to familiarise yourself with the MetaTrader platforms and practice your trading strategies without any risk. When you open a demo account, it comes preloaded with virtual funds so that you can trade at your own pace. This can be a helpful way to improve your trading skills and build confidence whilst also getting a feel for the Nash Markets products and services.
Account opening at Nash Markets involves a straightforward process; simply click on the ‘Sign Up’ button at the top-right corner of the broker’s website to fill out the account application form. After that, you hit the submit button and wait for the approval of your account. It didn’t take me more than few minutes to sign up and receive my login details. I think it is great how everything is done so smoothly and all online.
The broker provides traders with a customer support team that is polite and prompt in response. They can be contacted through email, online form, social media, or the Live Chat function on the broker’s website. I have always received a prompt and helpful response whenever I have reached out to them.
Nash Markets aim to make deposits and withdrawals as quick and easy as possible. I found there to be enough suitable options for me to move funds around without any hassle. The following payment methods are accepted at Nash Markets for both account deposit and withdrawal purposes:
- Wire Transfer
- Credit/Debit Cards
- Cryptocurrency (Bitcoin)
- Automatic Clearing House (ACH)
Nash Markets do not charge any deposit or withdrawal fees themselves but you should check to see if there will be any third-party processor fees. This can include banking fees or a blockchain fee if using cryptocurrencies. Keep in mind that the available options can differ depending on your location whilst the time taken for funds to land in your account can depend on the chosen payment method. If you want more variety for funding your account including some additional digital wallets, FXChoice have a good selection.
Overall, Nash Markets is an established trading broker that is based in Saint Vincent and the Grenadines. They allow traders to buy and sell various financial products using advanced yet easy to use trading platforms. You can get access to very competitive trading conditions including tight spreads, low fees and rapid execution speeds. Traders also benefit from educational resources, useful trading tools, and a client support team. The minimum deposit required to open a live account is only $10 whereas free demo accounts are available. I think they can be a great choice for anyone who is looking for convenient market access without complications.