Forex Brokers

National Shareholder Protection Agency

1.3 (14 reviews)
🇦🇺 Australia
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1.3
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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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Migration from old platform was a mess

S
Sarah M.
7 months ago

My card was charged twice by National Shareholder Protection Agency on the same day. I had to dispute it with my bank. National Shareholder Protection Agency then froze my account and said I had a negative balance because of the chargeback. They created the problem and then punished me for it.

Pros: Intuitive for beginners|Competitive fees|Multi-device support

Cons: Limited ETF selection|Research section could be deeper

Amateur hour at National Shareholder Protection Agency

C
Charles J.
8 months ago

The reporting at National Shareholder Protection Agency is laughably bad. Tax documents are inaccurate, transaction histories have gaps, and trying to export data for your accountant is a nightmare. For a financial platform, getting the numbers right should be the bare minimum.

Pros: Intuitive for beginners|Low minimum deposit

Cons: Limited ETF selection|Mobile app could be improved

The support team is useless

P
Patrick Z.
10 months ago

I lost a significant amount because National Shareholder Protection Agency did not execute my stop loss during a flash crash. They said the market was illiquid. Other brokers managed to execute. I have no proof they did not trade against me. Avoid.

Pros: Automated trading options|Fast support response

Cons: Website design could be more modern

Licensed in a tax haven only

C
Charles I.
12 months ago

I opened an account with National Shareholder Protection Agency for roughly four months ago. The platform frequently logs you out, orders fail to execute at the stated price, and when you complain they blame your internet connection. I have screenshots proving otherwise.

Pros: Fast execution|Responsive team|Dividend tracking|Fast deposits

Cons: Minimum deposit could be lower|Wish they had more educational resources