NabTrade Close Account

Adam Rosen - Lead financial writer

Updated 10-Nov-2024

NabTrade Close Account

For whatever reason you may wish to close or delete your live NabTrade trading account. NabTrade is a multi-asset broker that was established in 2008 and is headquartered in USA. NabTrade offers trading in Forex, Commodities, Indices, Stocks, Crypto, Futures to over 10,000 clients. There are a few ways to close and deactivate your live NabTrade account including online, through email and even through the post. Closing your NabTrade account will take around 3 to 10 days depending on your circumstances. There are a few things you will need to check before you close your NabTrade acccount as once your NabTrade account is fully deactivated, any trading research and available NabTrade funds or any other data that remains needs to be in your possession. Once NabTrade trading platform access is lost.

What are the steps to deactivating and closing my NabTrade account?

  1. Once logged into NabTrade, choose "delete" or "Close Account" from the NabTrade drop-down menu that is located at the very bottom of the page on the NabTrade. Once you have navigated to the NabTrade settings page, select the option that allows you to delete your NabTrade live trading account.
  2. A pop-up will inquire as to the motivation for your decision to close your NabTrade account, and it will provide you one final opportunity to change your mind. A NabTrade representitive may also contact you to confirm your NabTrade account closure.

It is now possible to close your NabTrade account within three days, provided that all of your NabTrade positions have been closed and all available NabTrade funds have been withdrawn.

Although there are thousands of people who use NabTrade, at some point you may want to close your NabTrade account. It only takes a few clicks of a button to delete your NabTrade account if you decide you've had enough of the NabTrade platform and no longer want to use it.

Before you close your NabTrade account, double check that all open trades have been closed and that you have withdrawn the full amount of money from your available NabTrade balance.

You can terminate your NabTrade account via email

You can log in to your NabTrade account using the email address that you provided during the NabTrade registration process in order to terminate your NabTrade account. Send an email to requesting that your NabTrade account be closed. The email should contain your NabTrade account deactivation and closing request.

Your NabTrade Account Can Be Closed Via Telephone

you can also contact a NabTrade support agent by calling (855) 867-1311. They will be able to assist you.

To delete your NabTrade account, go to https://www.nabtrade.com.au/ and then follow the instructions that are provided on the NabTrade website. If you have any questions or concerns about deleting your NabTrade account.

Your NabTrade Account Can Be Closed Via Post

You can send a letter to the NabTrade head office in 103 JFK Parkway,Short Hills, NJ 07078 to request that your live NabTrade account be closed. closing your NabTrade account via post will take allot longer and you will want to know if NabTrade recieved your NabTrade account closing letter.

How Much Time Will It Take Before My NabTrade Account Is Deleted?

NabTrade requires three to ten business days to close your account, and their may be some associated fees when closing your NabTrade acccount. NabTrade accounts with available funded balance may take longer if you do not provide NabTrade with a withdrawal method and verify your ID.

Is it possible to reactivate my NabTrade account after it has been closed?

When an NabTrade account is closed, it cannot be reopened under any circumstances; however, a new NabTrade account can be created at any time by using a different username and email address. Your NabTrade trading history and data will be wiped clean from any previous NabTrade transactions that you have closed, as well as any active NabTrade accounts you have had in the past.

Are Multiple NabTrade Accounts Possible?

You are free to create as many NabTrade accounts as you like. You will need to register with NabTrade with the same name and documents as you did when you created your previous NabTrade account in order to do this. You will, however, be required to create a new NabTrade login name and email address for your new NabTrade accounts.

What Are Some of the Reasons That People Want to Cancel Their NabTrade Account?

The majority of newcomers struggle with fundamental issues such as risk management, which frequently results in significant financial losses with brokers like NabTrade. People typically decide to close their trading account on NabTrade because they no longer wish to participate in the NabTrade platform's trading activities. Its possible you have trading accounts else where and you wish to close up NabTrade or you are looking for an NabTrade alternative.

Inactivity Fees for Your NabTrade Account

It's possible that you have an NabTrade account in which you haven't executed a live buy or sell order in a few months. If this is the case, your NabTrade account may be marked and dormat and eventually locked.

Because NabTrade does charge inactivity fees for NabTrade dormant accounts, you should make sure to close any NabTrade accounts you have with NabTrade that you no longer intend to use.

Withdraw the remainder of your NabTrade balance

You can take money out of your NabTrade account whenever you like by using the NabTrade trading platform or going to the website https://www.nabtrade.com.au/.

In order to accomplish this, you will need to take any remaining money out of your NabTrade broker account, which is a process that is also known as final NabTrade balance withdrawal.

There is a wide variety of withdrawal methods offered by brokers like NabTrade, as well as differences in the amount and speed of withdrawal speeds depending on your chosen NabTrade withdrawal method.

You are permitted to withdraw funds from your NabTrade account up to the value of the available funds in your NabTrade account at any given time. Because you are not required to keep any money in your NabTrade account, you are free to withdraw the entirety of your NabTrade balance whenever you see fit. Remember that any NabTrade funds that you withdraw will be put back into the same account that they came from when you made the NabTrade deposit. This is the most important thing to keep in mind.

It is possible that you will be required to provide an alternative method in order to withdraw money from NabTrade if your details have changed since the time that you initially deposited the NabTrade funds.

When you withdraw money from NabTrade, the process is not instant; rather, it typically takes at least several business days for the money to reach you. NabTrade withdrawal times differ depending on the selected payment method in your NabTrade dashboard.

If all of the information associated with your NabTrade account is accurate, the processing of your request to withdraw funds from your NabTrade account may take up to one to ten business days. The amount of time it is estimated to take to receive payment from NabTrade after a withdrawal has been processed varies entirely according to your chosen method of payment and is dependent on the 3rd party payment service provider supported by NabTrade.

NabTrade Account Deactivation Delays

Because there is a possibility of delays when withdrawing large sums of money from an NabTrade account, we recommend getting in touch with your financial institution in advance. Additional NabTrade waiting time may be incurred due to the placing of a security hold on large NabTrade withdrawals. Please check with your financial institution before initiating a NabTrade withdrawal because the processing times associated with each NabTrade withdrawal method are unique.

While your NabTrade account is 'Under Review', you will still be able to withdraw funds from it; however, you will need to have funds that are eligible for NabTrade withdrawal in order to complete the withdrawal process. Once your NabTrade withdrawal request has been processed by NabTrade and the withdrawal process has been finished, you will be notified via email that the request has been fulfilled.

It is important that you understand that you can only withdraw NabTrade money into accounts that are under your own name.

Withdrawal Fees Charged by NabTrade

Because 3rd party fees for NabTrade international bank transfers and wire transfers can be quite high, you should make it a habit to double check whether or not this is something that will be applicable to the NabTrade closing transactions you conduct.

At NabTrade, the withdrawal of funds for basic transactions is free of charge. You will be subject to an additional fee by your 3rd part NabTrade withdrawal method for currency conversion if you choose to withdraw funds in a currency other than US dollars (USD). The prices of the NabTrade withdrawal services may shift at any time in response to shifts in the market conditions.

The majority of withdrawal requests made to NabTrade are processed free of charge through common withdrawal methods like UnionPay.

How to Uninstall the NabTrade App on Your iOS or Android Device

On your iOS or Android device when the app list window displays, touch and hold the NabTrade app icon until it appears, and then pick the option to Remove App from the menu. After opening the app drawer, which is where all of your apps including NabTrade are kept, you may move them to the Uninstall area (on Android) on the left side of the screen by dragging and dropping them there. From that screen, select the Delete NabTrade App option to confirm that you wish to remove the NabTrade application from your phone. Tap the minus sign or the X to delete NabTrade applications, which is the quickest and easiest method to remove NabTrade applications from your device.

NabTrade should be removed from your computer if no longer needed

If you have downloaded NabTrade to your PC or Mac computer you can uninstall any NabTrade software and remove NabTrade from your web browser.

What You Need To Do To Cancel A Request To Close Your NabTrade Account

You can get in touch with NabTrade customer support via e-mail, the phone, or live chat if available if you don't feel like closing your NabTrade account. As long as your NabTrade close account status is 'Under Review' or 'In Progress', you may cancel your NabTrade account closure request by contacting NabTrade customer support.

How Does The NabTrade Account Compare Against Other Brokers?

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    ⚑ NabTrade is Regulated by: Unregulated

    πŸ’΅ What You Can Trade with NabTrade: Forex, Commodities, Indices, Stocks, Crypto, Futures
    πŸ’΅ Instruments Available with NabTrade: 253

    πŸ“ˆ NabTrade Inactivity Fees:
    πŸ’° NabTrade Withdrawal Fees: varies
    πŸ’° NabTrade Payment Methods: UnionPay,
    πŸ’° NabTrade Account Base Currencies:

    NabTrade Risk warning : Your capital is at risk

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    ⚑ IC Markets is Regulated by: Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC)

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    πŸ“ˆ IC Markets Inactivity Fees: No
    πŸ’° IC Markets Withdrawal Fees: No
    πŸ’° IC Markets Payment Methods: Credit Cards, VISA, MasterCard, Debit Cards, Visa, MasterCard, Bank Transfer, PayPal, Neteller, Neteller VIP, Skrill, Poli, Cheque, BPAY, UnionPay, FasaPay, QIWI, RapidPay, Klarna, Electronic wallets (eWallets), Broker to Brokers, Thai Internet Banking, Vietnamese Internet Banking,
    πŸ’° IC Markets Account Base Currencies: USD, GBP, EUR, CHF, JPY, SGD, AUD, CAD, HKD, NZD

    IC Markets Risk warning : Losses can exceed deposits

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    πŸ“ˆ Roboforex Inactivity Fees: No
    πŸ’° Roboforex Withdrawal Fees: Yes
    πŸ’° Roboforex Payment Methods: Credit cards, VISA, MasterCard, JCB, Debit cards, Bank Transfer, Electronic wallets (eWallets), Neteller, Skrill, Perfect Money, AdvCash, BPAY, China UnionPay, FasaPay, CashU, WeChat Pay, ecoPayZ, AstroPay, Sofort, Giropay, Poli, Wepay, iDEAL, Payoneer,
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    Roboforex Risk warning : Losses can exceed deposits

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    πŸ’΅ What You Can Trade with AvaTrade: Forex, Minors, Cryptocurrencies, Majors, Exotics, Indices, UK Stocks, US Stocks, Energies, Metals, Agriculturals, ETFs, IPO, Bonds,
    πŸ’΅ Instruments Available with AvaTrade: 1000

    πŸ“ˆ AvaTrade Inactivity Fees: No
    πŸ’° AvaTrade Withdrawal Fees: No
    πŸ’° AvaTrade Payment Methods: Credit cards, VISA, MasterCard, Bank Transfer, Electronic wallets (eWallets), PayPal, Neteller, WebMoney, Payoneer,
    πŸ’° AvaTrade Account Base Currencies: USD, GBP, EUR, JPY, AUD

    AvaTrade Risk warning : 71% of retail CFD accounts lose money

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    🀴 FP Markets is Used By: 10,000
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    πŸ’΅ What You Can Trade with FP Markets: Forex, Minors, Majors, Exotics, Indices, Metals,
    πŸ’΅ Instruments Available with FP Markets: 100

    πŸ“ˆ FP Markets Inactivity Fees: No
    πŸ’° FP Markets Withdrawal Fees: No
    πŸ’° FP Markets Payment Methods: Credit cards, VISA, MasterCard, Debit cards, Bank Transfer, Electronic wallets (eWallets), Neteller, BPAY, POLi, PayPal, Neteller, Skrill, PayTrust, NganLuong VN, Fasapay, Broker to Broker, OnlinePay China, Directa24, Klarna, PayTrust88, Payoneer,
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    FP Markets Risk warning : Losses can exceed deposits

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    πŸ“ˆ NordFX Inactivity Fees: No
    πŸ’° NordFX Withdrawal Fees: No
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    NordFX Risk warning : Losses can exceed deposits

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    πŸ’΅ What You Can Trade with XTB: Forex, Minors, Cryptocurrencies, Majors, Exotics, Indices, UK Stocks, US Stocks, Pennystocks, Energies, Metals, Agriculturals, ETFs,
    πŸ’΅ Instruments Available with XTB: 4000

    πŸ“ˆ XTB Inactivity Fees: Yes
    πŸ’° XTB Withdrawal Fees: No
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    XTB Risk warning : 76% - 83% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

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    πŸ’΅ What You Can Trade with Pepperstone: Forex, Minors, Cryptocurrencies, Majors, Exotics, Indices, Energies, Metals,
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    πŸ’° Pepperstone Withdrawal Fees: No
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    Pepperstone Risk warning : CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89 % of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money

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    πŸ’΅ Instruments Available with XM: 1000

    πŸ“ˆ XM Inactivity Fees: Yes
    πŸ’° XM Withdrawal Fees: No
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    πŸ’° XM Account Base Currencies:

    XM Risk warning : CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 77.74% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

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    πŸ’΅ What You Can Trade with eToro: Forex, Minors, Cryptocurrencies, Majors, Exotics, Indices, UK Stocks, US Stocks, Energies, Metals, Agriculturals, ETFs,
    πŸ’΅ Instruments Available with eToro: 2000

    πŸ“ˆ eToro Inactivity Fees: Yes
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    eToro Risk warning : 51% of retail investor accounts lose money when trading CFDs with this provider.

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    πŸ’΅ What You Can Trade with FXPrimus: Forex, Minors, Majors, Exotics, Indices, UK Stocks, US Stocks, Energies, Metals,
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    πŸ“ˆ FXPrimus Inactivity Fees: No
    πŸ’° FXPrimus Withdrawal Fees: Varies
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    FXPrimus Risk warning : Losses can exceed deposits

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    πŸ’΅ Instruments Available with easyMarkets: 200

    πŸ“ˆ easyMarkets Inactivity Fees: No
    πŸ’° easyMarkets Withdrawal Fees: No
    πŸ’° easyMarkets Payment Methods: Credit cards, MasterCard, Maestro, American Express, JCB, Astropay, Debit cards, Bank Transfer, SOFORT, GiroPay, iDeal, Bpay, Electronic wallets (eWallets), Skrill, Neteller, WebMoney, UnionPay, WeChatPay, FasaPay, STICPAY,
    πŸ’° easyMarkets Account Base Currencies: USD, GBP, EUR, CHF, JPY, SGD, AUD, CAD, CNY, CZK, HKD, ILS, MXN, NOK, NZD, PLN, SEK, TRY, ZAR

    easyMarkets Risk warning : Your capital is at risk


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