NabTrade Review: Is NabTrade Worth It?
Renowned Australian stockbroker NabTrade offers a trading platform for both domestic and foreign stocks, exchange-traded funds, and options. NabTrade’s access to the US, German, Hong Kong, and Australian markets makes it a popular choice for investors. Investors should be aware of the concerns raised by recent user experiences, though.
About NabTrade
Company Name – NabTrade
NabTrade Website – https://www.nabtrade.com.au/
Address – NA
Regulatory Warning – Not Recommended By Review Website Like Scams Report
Domain Blacklisted Status – It seems there is no direct mention of this domain being on a blacklist.
Issues Highlighted by Users
1. Poor Customer Support: When calling the helpline, many customers complain that they must wait on hold for at least thirty minutes.
2. Transfer Issues: Having trouble moving shares to a NabTrade account is a frequent grievance. Transfers are denied even when all necessary paperwork has been submitted.
3. Account Closure Delays: It has been said that managing the accounts of departed family members is incredibly time-consuming and stressful. Some families don’t see any improvement for weeks.
4. Frequently Occurring System Errors: Users frequently experience order errors, login issues, and system outages. Financial losses and missed trades have resulted from this.
5. Low Trustpilot Rating: NabTrade only has a 2.3 on Trustpilot. A lot of reviews suggest moving to a different broker, such as CommSec.
Should You Use NabTrade?
This NabTrade review suggests that not everyone will be satisfied with the platform. Before making an investment, look at other brokers if you value stable trading and prompt support.
FAQs
Q1: What is NabTrade?
A. NabTrade is an online broker for trading Australian and global shares, ETFs, and options.
Q2: Is NabTrade reliable?
A. Many recent reviews highlight slow service and technical issues, so check user feedback before opening an account.
Q3: What markets does NabTrade cover?
A. Australian, Hong Kong, US, and German shares plus ETFs and options.
How Scams Report Can Assist Victims Get Their Funds Back
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About Scams Report
Scams Report is an authentic platform that offers financial fraud victims assistance in fund recovery services, legal guidance, and chargeback. We aim to help individuals recover lost funds and make informed financial decisions. With informative blogs that are regularly updated, we expose fraudulent brokers and investment scams; thus creating awareness and safety among traders worldwide.
We have continually monitored these emerging scam tactics on the internet to lure new traders. Over a decade of experience tracking activity from scams has given us a wide database of this dishonest company’s data. Our List of SCAM Brokers is solely for you to identify and avoid them in the market.
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Disclaimer: This review is based on online reports and customer complaints. Always research carefully before investing with any broker.
