Nasdaq500 works with the Activ8 trader. A good trading software that is used by several (reputable) trading companies. When setting up an account, the customer can choose whether they want a real account or just a demo account. For a real account, the customer has to deposit money and can use this balance to make real trades. The winnings are credited to his balance. About deposits, disbursements, profits, etc. book is kept, which the customer can see and thus has an overview of his account. If he wants to withdraw the money, he can request this via the software. The demo account is identical, with the difference that no real money is paid in, but only "play money". The trades can be carried out like the real account. Values ​​can be bought at a real price and sold at a real price. The difference then shows up as a profit or loss on the account. Just not as real money, since no real trading was carried out.
At Nasdaq500 you can not choose between a real and a demo account !! Here, the demo account is opened to the customer immediately, but without his knowledge. The money, which he has actually paid to Nasdaq500 reserves Nasdaq500. The same amount is then credited to the betrayed customer on his demo account as play money. All trades look real from now on, but all winnings are just fictitious winnings where no real money is behind it. The customer now sees that there are profits and that it works well and is of course enthusiastic. Now comes Nasdaq500 and tells him that there are other "account types" for higher deposit amounts, e.g. from 20,000 euros a standard account, from 100,000 euros a VIP account, etc. and this are trades made where there are always higher profits. Of course, the customer wants to have that, pays high sums, which are then credited to him as a "play money". He also sees it on his account. But the real money is gone. And he only notices that when he wants to withdraw money. Then come the best excuses why it's not possible. Gerd K.

Beware of Nasdaq500
Here is ripped off incredibly. On 08/06/2019 I had ever described my situation. I had paid 9500 € and my broker had upgraded this to 27,000 dollars. I was blocked while trying to get paid. Only from an account balance of 45,000 euros could be paid me money. Reason: I would now have a standard account. I should just pay the balance and then you would pay me the 45,000 euros, within 4 hours. I've rarely heard such a nonsense. Not all of this is in any terms and conditions of the Nasdaq500. There is an email address on the withdrawal form ([email protected]) -> does not exist. A service phone number on the website is also indicated -> does not exist, no connection.
Then my account was blocked at once. My broker had almost put all my money in one position. The demand, why my account is blocked, was answered with: I have a margin call and would have to pay later. What they did not know: I had further access to the account and stopped the position. So had enough money in the account. Now came something excellent: I was sent a fake website on which I had only $ 112 and a loss of about $ 24,000 was reported. Then I should have paid properly. But the fake was so bungled that the number of open positions on the right side of the screen was marked "0". I then simply sent him a real picture of my account balance and then he had to admit that it was a mistake. A few days ago, Mr. Behm (name is probably fake because the real Denny Behm is a well-known Wall Street broker) found that I posted on this page. He immediately threatened with an ad and said, I can now forget about $ 10,000. He has not reported anything since.
Under a reputable broker I imagine something else. But the pinnacle: I asked at an agency, the deceived customers to bring their money back times: They have looked under Nasdaq500 times and told me, Nasdaq500 does not act. All numbers are pure fiction. All the profits that I made -> only sham. I seem to have worked constantly with a gaming account. Rip off and fraud of the finest kind. So go away!