Forex Brokers

National Shareholder Protection Agency

1.3 (14 reviews)
🇦🇺 Australia
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1.3
14 reviews
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About National Shareholder Protection Agency

National Shareholder Protection Agency has been flagged by ASIC (Australia) for "Unlicensed (Legacy)". Phones: 1 (901) 881 5572, fax 1 (901) 531 8077

Addresses: 5100 Poplar Avenue Memphis TN 38137 - 4000 This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: www.nspagency.us.

Customer Reviews

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Trust broken beyond repair

N
Noah H.
2 weeks ago

My withdrawal from National Shareholder Protection Agency was rejected three times for vague reasons. Each time they asked for more documents. When I finally provided everything, they said my account was under review. since I retired last year of being strung along.

Pros: Smooth onboarding|Personal attention|Reliable uptime

Cons: Alert system is basic

Referral bonus never received

L
Leah I.
3 weeks ago

I signed up with National Shareholder Protection Agency after a family member had a good experience and the first red flag was the aggressive account manager who would not stop calling. After depositing, the promised support vanished. Withdrawals are delayed with endless excuses. I have reported them to the regulator.

Pros: Competitive fees|Dedicated account manager|High security standards|Fast execution

Cons: Live chat only during business hours

Avoid at all costs

D
Daniel B.
1 months ago

National Shareholder Protection Agency has the worst mobile app I have ever used for investing. It crashes constantly, features that work on desktop are missing entirely, and the security implementation is questionable at best. How they released this app is beyond me.

Pros: Detailed reporting|High security standards|Stable platform|Educational resources

Cons: Mobile app could be improved|Minimum deposit could be lower

Stop loss not honored

S
Stephanie T.
2 months ago

National Shareholder Protection Agency changed their fee structure with one month notice. What was a flat fee became a percentage. For my account size it meant a huge increase. When I objected they said I could leave. So I am leaving and writing this review.

Pros: Great customer service|Educational resources

Cons: Limited ETF selection

Duplicate charges on my card

R
Richard C.
3 months ago

I trusted National Shareholder Protection Agency with a significant portion of my savings and I deeply regret that decision. Not because of market losses, but because of how poorly the platform performed and how dismissively the support team treated my concerns.

Pros: Fast execution|Competitive fees|Easy to use platform

Cons: No fractional shares|Limited demo account features

Paper trading not available

V
Vincent M.
3 months ago

I referred a friend to National Shareholder Protection Agency based on a colleague's recommendation. We both deposited. The referral bonus never arrived. Support said we did not meet the terms. When we asked which terms they pointed to a clause that was added after we signed up. Shady.

Pros: Fast execution|Excellent charting

Cons: Email notifications too frequent

The worst platform I have ever used

W
Wyatt Z.
3 months ago

Opened my account with National Shareholder Protection Agency through a financial advisor and regretted it within the first month. The platform crashed during a critical moment, I lost potential gains, and support basically told me it was not their problem. Absolutely unacceptable behavior.

Pros: Multi-device support|Two-factor authentication|High security standards

Cons: Help articles are sometimes vague

Misleading advertising

R
Ryan S.
3 months ago

I have been trying to close my account with National Shareholder Protection Agency for weeks now and they keep giving me the runaround. First it was a form to fill out, then identity verification again, then a mandatory phone call that never gets scheduled. They make leaving impossible.

Pros: Excellent charting|Real-time alerts

Cons: Account statements could be more detailed|No fractional shares

Education is just sales pitch

H
Heather L.
3 months ago

The spread at National Shareholder Protection Agency is not what they advertise. During volatile markets it widens so much that you lose before the trade even starts. I found them after hearing about them at a conference and initially thought the platform was good - until I started trading seriously.

Pros: Intuitive for beginners|Clean UI|Competitive fees|Multi-currency support

Cons: Could offer more webinars

Closure fee on top of everything

M
Michelle F.
4 months ago

The platform itself is okay, but the customer service at National Shareholder Protection Agency is truly awful. I waited weeks for a response to a simple inquiry. When they did respond, it felt like a generic template that did not address my specific issue at all.

Pros: No hidden fees|Good analytical tools

Cons: Mobile app could be improved