Asal Forex Forex Broker

Note: Asal Forex is to operate via the website - https://asalfx1.com/en, which is currently not yet functional and no information about the company was immediately available. Therefore, we could only gather relevant information from the Internet to present a rough picture of this broker. Risk Warning Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only. General Information & Regulation Asal Forex is allegedly a forex broker registered in Montenegro that claims to provide its clients with four different live account types. As this brokerage's website cannot be accessed, we were unable to obtain further details about its trading assets, leverage, spreads, minimum deposit, etc. Note that the broker says it offers the worlds leading MetaTrader4 trading platform. As for regulation, it has been verified that Asal Forex currently has no valid regulation. That is why its regulatory status on WikiFX is listed as “No License” and receives a relatively low score of 1.30/10. Please be aware of the risk. Note: The screenshot date is January 11, 2023. WikiFX gives dynamic scores, which will update in real time based on the broker's dynamics. So the scores taken at the current time do not represent past and future scores. Market Instruments Asal Forex is a forex broker that mainly offers forex pairs trading. Account Types Asal Forex claims to offer four types of trading accounts, namely Mini, Standard, Gold and Premium, with minimum initial deposit requirements of $100, $1,000 $3,000 and $10,000 respectively. Trading Platform Available The platform available for trading at Asal Forex is one of the most notable and preferred trading platforms the market offers - MetaTrader4. This trading terminal is highly praised by traders and brokers alike due to its ease of use and great functionality. The MT4 offers top-notch charting and flexible customization options. It is especially popular for its automated trading bots, a.k.a. Expert Advisors. Customer Support Asal Forex‘s customer support can be reached by telephone: +90 232 9080799, email: info@asalforex.com. You can also follow this broker on social networks such as Twitter and Facebook. However, this broker doesn’t disclose other more direct contact information like the company address that most transparent brokers offer. Pros & Cons Pros Cons • Multiple account types offered • No regulation • MT4 supported • Website inaccessible Frequently Asked Questions (FAQs) Q 1: Is Asal Forex regulated？ A 1: No. It has been verified that Asal Forex currently has no valid regulation. Q 2: Does Asal Forex offer the industry-standard MT4 & MT5？ A 2: Yes. Asal Forex offers MT4. Q 3: What is the minimum deposit for Asal Forex？ A 3: The minimum initial deposit at Asal Forex to open an account is $100. Q 4: Is Asal Forex a good broker for beginners？ A 4: No. Asal Forex is not a good choice for beginners. Not only because of its unregulated condition, but also because of its inaccessible website.