naqdi: a city instead of an address

What the team found

naqdi publishes no street address, only Shaikh Mohammed bin Rashid Boulevard, Dubayy, United Arab Emirates. The team went to the area the address points to and found nothing that connects the company to any building there: no signage, no directory entry and nobody who knew the name.

The team recorded that naqdi could not be found. A broker that publishes a city instead of an address has no office a client could walk into, and that is the finding.

The checks

The checks that decided this outcome, from the visit checklist.

Who else uses this address

One other broker in this set publishes an address on Shaikh Mohammed Bin Rashid Boulevard, which is MALEYAT. Two firms in one building is ordinary and says nothing on its own.

What Dubai looks like across the set

Dubai accounts for 41 of the addresses the team has visited. Across the 40 other visits to the city, the team confirmed an office 13 times, found nothing twice and could not get access 25 times.

The reports either side of this one in Dubai are ORBIT GLOBAL, pepperstone and Plus500, and reading two or three together is usually more telling than any single visit.

Reading the checks together

In short, the building did not match the address, there was no sign for the company outside and reception could not say either way. No single check settles an outcome on its own, which is why each one is listed above rather than folded into a verdict.

What this outcome means

Access restricted. Building or security restrictions prevented the researcher from completing the planned checks.

A field survey confirms only what was observed at the stated address and time. It does not verify regulatory status, client-money handling, trading conditions or financial strength. The photographs are the team's own, taken at the location on the day, and may be cropped for privacy. Read how surveys are conducted.

If you represent naqdi and believe this report is wrong, send a response and it will be published beside the report.