ASEX is a Contract for Difference (CFD) broker whose official website was registered on February 20, 2024. This broker mainly provides users with a wide range of trading markets through its proprietary trading platform and mobile application, including forex, stocks, futures, energy, precious metals, cryptocurrencies, CFDs, etc.
Company Registration Information and Regulatory Status:
Public information on the ASEX official website indicates that the broker is headquartered in London, with its subsidiaries regulated by the US Financial Crimes Enforcement Network (MSB). In addition, the broker is also authorized and regulated by the Financial Conduct Authority (FCA) of the UK.
Upon verification, neither the Financial Crimes Enforcement Network (FinCEN) nor the Financial Conduct Authority (FCA) in the UK has any record of a registered entity named ASEX. Moreover, the UK Companies House does list a company with the same name as the broker, but it is impossible to determine the relationship between this corporate entity and ASEX.
Furthermore, the design and content of this broker’s website are identical to those of other broker websites such as ABUSA, Hengtuo Finance, VTPTRADE, CTRL FX, NASDAQK LIMITED, BROKERNET AUSTRALIA PTY LTD, etc.
Account Opening:
To open an account with ASEX: Visit the official website of the broker, click "Register" on the homepage or the top right corner of the website to access the account registration page. First, email verification is required. Once verified, set up a login password and submit. Once the application is submitted, the account can be successfully registered.
Trading Account Information:
The ASEX official website does not disclose information about account types, spreads, trading leverage, margin call/stop-out levels, trading commissions, minimum/maximum trading volumes, maximum positions/orders, or minimum price precision, etc.
Trading Platform:
ASEX provides users with a proprietary trading platform.
Deposits and Withdrawals:
ASEX has not clearly published on its official website the supported methods for deposits and withdrawals, the associated fees, or the minimum amounts for deposits and withdrawals.
Conclusion:
Traderknows warns investors that ASEX is a forex scam website with opaque registration and regulatory information, and it is suspected of false advertising. Users can only contact this broker via email, making the means of contact extremely limited. Its official website's design and content use the same template as other broker websites such as ABUSA, Hengtuo Finance, VTPTRADE, CTRL FX, NASDAQK LIMITED, and BROKERNET AUSTRALIA PTY LTD. Traderknows advises investors to opt for transparent, strongly regulated, and reputable brokers for their investment trading activities to avoid unnecessary financial losses.
Currently, this broker is marked as "Suspected Scam" on Traderknows.
