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ASEX foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://www.asex.cc/pc, about the company's legal and temporary regulatory information, the company's address .

ASEX Forex Broker

Basic Information

Registered Region
United Kingdom
Operating Period
--
Company Name
ASEX CAPITAL GROUP LIMITED
Abbreviation
ASEX
Company employee
--
Customer Service Email Address
info@asexvip.com
Company Website
Keywords
2-5 years
Suspicious Regulatory License
Self-developed
Suspicious Scope of Business
High potential risk

Company profile

Company name ASEX Registration United Kingdom Regulated Unregulated Years of establishment Within 1 year Trading instruments Forex, Stocks, Indices, Commodities, Bitcoin, Metals, Energy Account Types Comprehensive, Finance, Financial STP Minimum Initial Deposit Not specified Maximum Leverage Dynamic variable financing leverage (specifics may vary) Minimum Spread Some spreads as low as 0 (specifics may vary) Trading platform All-In-One CFD Trading Platform Deposit/Withdrawal methods Bank/wire transfers, credit/debit cards, electronic payment processors Customer service Email: info@asexcapital.email Overview of ASEX ASEX is a comprehensive and dynamic all-in-one CFD trading platform based in the United Kingdom. Operating in an unregulated environment, ASEX offers a wide range of trading options including Forex, stocks, indices, commodities, Bitcoin, metals, and energy. With a focus on financial straight-through processing (STP), the platform aims to provide a comprehensive and seamless trading experience. ASEX offers dynamic variable financing leverage, allowing traders to optimize their investment strategies. While specific details may vary, the platform boasts competitive spreads, with some as low as 0. ASEX accepts various payment methods, including bank/wire transfers, credit/debit cards, and electronic payment processors. Is ASEX legit or a scam? ASEX is an unregulated broker, meaning that it currently operates without oversight from any recognized financial regulatory authority. The fact that the company operates in an unregulated environment raises valid concerns about its legitimacy and credibility. Regulatory oversight plays a crucial role in the financial industry, as it ensures transparency, protects investors' interests, and maintains the integrity of the markets. When a broker is regulated, it means that it must adhere to certain standards and regulations set by the regulatory authority, providing a level of assurance to traders. Traders are advised to exercise caution when considering an unregulated broker like ASEX and thoroughly research the broker's regulatory status before engaging in any transactions or depositing funds. Opting for a regulated broker that operates under the supervision of a reputable financial authority can provide traders with greater confidence and security in their trading activities. Pros and Cons ASEX offers a wide range of market instruments, providing traders with the opportunity to diversify their investments and capitalize on various financial markets. They also provide flexible account types, allowing traders to choose the one that best suits their trading preferences. The advanced trading platform offered by ASEX provides real-time quotes and indicators, enabling traders to make informed decisions. Additionally, ASEX offers lower spreads, which can benefit traders by reducing transaction costs. They also support multiple deposit methods, providing convenience and flexibility for clients. One major drawback of ASEX is that it is an unregulated broker. This means that it operates without oversight from recognized financial regulatory authorities, raising concerns about its legitimacy and investor protection. Additionally, ASEX does not provide information about the minimum initial deposit required to open an account, which can be a disadvantage for traders who have specific budget constraints. The variable maximum leverage offered by ASEX can be both an advantage and a disadvantage, as it allows traders to potentially maximize their profits, but it also increases the risk associated with trading. Lastly, ASEX may impose fees imposed by third-party institutions, which can add to the overall trading costs. Pros Cons Wide range of market instruments Unregulated Flexible account types Fees imposed by third-party institutions Advanced trading platform Variable maximum leverage Lower spreads No information about minimum initial deposit Multiple deposit methods Real-time quotes and indicators Market Instruments ASEX offers a wide range of market instruments for trading through their platform. Clients have the opportunity to trade various CFDs (Contracts for Difference) on popular markets such as Forex, Stocks, Indices, Commodities, Bitcoin, Metals, and Energy. With this diverse selection, traders can access global financial markets and capitalize on opportunities across different asset classes. Whether they are interested in currency pairs, company stocks, market indices, precious metals, or energy commodities, ASEX provides a comprehensive trading environment that allows for convenient and efficient trading of multiple products from a single account. Account Types ASEX provides flexible account types that cater to the varying trading needs and preferences of traders. The first account type offered by ASEX is the Comprehensive account. This account allows traders to trade CFD contracts around the clock using ASEX's unique and proprietary composite index, which accurately simulates real market movements. With this account, traders have the opportunity to engage in diverse trading strategies and take advantage of market opportunities at any time. The Finance account is another account type available at ASEX. With this account, traders can trade a wide range of financial instruments, including forex, commodities, cryptocurrencies, and large and microcurrency pairs. The account offers high leverage, allowing traders to control larger positions with a smaller amount of capital. This account is suitable for traders who prefer to trade with a focus on the financial markets and are looking to explore various asset classes. Lastly, ASEX offers the Financial STP account. This account is designed to cater to traders who specialize in currency pair trading. It provides access to major and minor currency pairs, as well as markets where the trade volume of currency pairs with smaller spreads has increased significantly. This account type may be suitable for traders who have a specific focus on currency pair trading and aim to capitalize on opportunities in the forex market. How to Open an Account? To open an account with ASEX, you can follow these five simple steps: Visit the ASEX website: Go to the official website of ASEX, which is https://asexcapital.com. Account Registration: Look for the “Open Account” or “Register” button on the website. Click on it to start the account registration process. Complete the Application: Fill out the necessary information in the application form accurately and provide the required details. This may include personal information such as your name, email address, country of residence, and contact information. Choose an Account Type: Select the account type that best suits your trading needs and preferences from the available options. Consider factors such as the instruments you wish to trade, leverage requirements, and any specific features or benefits associated with each account type. Fund Your Account: After completing the application and selecting your preferred account type, you will need to fund your trading account. Follow the instructions provided on the website to make a deposit using the available payment methods. ASEX may offer various options such as bank transfers, credit/debit cards, or electronic payment processors. Ensure that you meet the minimum deposit requirement specified for your chosen account type. Leverage ASEX offers dynamic variable financing leverage, which allows traders to maximize their trading income. However, the specific maximum leverage offered by ASEX may vary depending on several factors, including the trading instrument and account type. It is important for traders to review the details provided by ASEX or consult their official documentation to determine the exact maximum leverage available for their specific trading circumstances. By leveraging their trading positions, traders can potentially increase their potential profits; however, it is crucial to exercise caution and have a comprehensive understanding of leverage and its associated risks before utilizing it in trading strategies. Spreads & Commissions ASEX offers product spreads that are significantly lower than the industry average spreads, with some spreads as low as 0. This means that the difference between the buying and selling prices of financial instruments is minimized, allowing traders to benefit from more competitive pricing and reduced transaction costs. Lower spreads can be advantageous for traders as they enable them to enter and exit positions more cost-effectively. It is important to note that while ASEX emphasizes low spreads, specific information regarding commissions and other trading costs such as overnight fees or transaction fees may vary. Traders are advised to consult ASEX directly or refer to their official documentation for accurate and up-to-date information on spreads and commissions associated with their chosen trading instruments and account types. Trading Platform ASEX offers an All-In-One CFD Trading Platform, providing traders with a comprehensive and versatile tool for their trading activities.With the ASEX Trading Platform, traders can access various financial instruments such as stocks, forex, indices, and commodities, allowing for diversification and the opportunity to take advantage of market opportunities. The platform provides real-time quotes updates, customizable charts and indicators, and advanced order types, enabling traders to make informed trading decisions and execute trades with ease. Additionally, risk management tools like stop-loss and take-profit orders are available to help manage and protect trading positions. Deposit & Withdrawal ASEX offers multiple deposit and withdrawal methods to provide convenience and flexibility for its clients. Traders can choose from a variety of options to deposit funds into their trading accounts, including bank/wire transfers, credit/debit cards, and electronic payment processors. This allows for seamless and efficient transfer of funds, catering to different preferences and ensuring accessibility for traders around the world. When it comes to withdrawals, ASEX also supports various methods to facilitate the process. Clients can typically withdraw funds through the same method that was used for depositing, such as bank transfers or credit/debit cards. The company aims to adhere to generally accepted anti-money laundering rules and regulations, ensuring the security and legality of transactions. It's important to note that the processing time for withdrawals may vary, usually taking a few business days to reach the designated bank account or card. Additionally, any fees imposed by third-party institutions may be deducted from the withdrawn amount. Customer Support The customer support provided by ASEX Capital can be reached through the email address info@asexcapital.email. This email contact allows traders to reach out to the customer support team for assistance with their inquiries, concerns, or any other support-related needs. By sending an email to this address, traders can expect to receive a response from the customer support team who will address their questions or provide the necessary guidance. Educational Resources ASEX provides educational resources to support traders in their financial journey. One of the valuable resources offered is the news and calendar feature. This feature includes market news updates and an economic calendar, enabling traders to stay informed about significant events and announcements that can impact the financial markets. By accessing the latest news and economic indicators, traders can make informed trading decisions and adjust their strategies accordingly. The economic calendar provides information on key economic releases, central bank meetings, and other important events, helping traders anticipate potential market volatility and plan their trades more effectively. Conclusion ASEX operates as an unregulated broker, offering a comprehensive trading platform and an extensive selection of market instruments to its clients. ASEX differentiates itself by providing competitive spreads, accommodating account types, and a variety of deposit and withdrawal options. However, traders are strongly advised to exercise caution and conduct meticulous research before considering involvement with ASEX, ensuring that it aligns with their individual trading requirements and preferences. It is crucial to weigh the potential risks associated with trading through an unregulated broker and make well-informed decisions to safeguard one's investments. FAQs Q: Is ASEX a regulated broker? A: No, ASEX is an unregulated broker. Q: What market instruments can I trade with ASEX? A: Forex, Stocks, Indices, Commodities, Bitcoin, Metals, and Energy. Q: What is the minimum deposit required to open an account? A: The minimum deposit varies based on the chosen account type. Q: Does ASEX offer a demo account? A: The availability of a demo account may vary, check with ASEX. Q: How can I contact ASEX customer support? A: You can reach ASEX customer support via email.

Rating Index

How to login to ASEX?
Asex Complete Account Guide: Registration, Account Opening, and Login Processes Part One: Account Registration Process How to Register a Asex Account Registering for an Asex account is the first step towards accessing a range of trading services. Follow these detailed steps to successfully complete

  

Asex Forex Broker - Complete Information Guide

  

1. Broker Overview

  Asex Capital Group Limited, commonly referred to as Asex, is an online trading broker that was established in 2021. The company is headquartered in London, United Kingdom, and operates in a private ownership structure. Asex primarily serves retail and institutional clients interested in trading a variety of financial instruments, including forex, commodities, and indices.

  Since its inception, Asex has aimed to provide a comprehensive trading experience for its users. However, the broker has faced scrutiny due to its unregulated status and claims of operating without a valid forex license in the UK. This has raised concerns regarding the safety of client funds and the overall credibility of the broker.

  Asex offers a range of trading services, focusing on forex and CFD trading. The company promotes itself as a broker that provides access to a diverse array of trading instruments, but potential clients should exercise caution due to the absence of regulatory oversight. As a result, Asex has been labeled as a high-risk broker, and traders are advised to prioritize safety and reliability in their trading choices.

  

2. Regulation and Compliance Information

  Asex operates in an unregulated environment, which poses significant risks to traders. The primary regulatory authority for financial services in the UK is the Financial Conduct Authority (FCA), which has issued warnings against Asex for being unauthorized and unreliable. The broker does not hold any licenses from major regulatory bodies, which raises serious concerns about investor protection.

  • Regulatory Agencies: None
  • License Numbers: Not applicable, as Asex is unregulated.
  • License Validity and Scope: No valid licenses exist.
  • Legal Entities: Asex operates under its own name without any registered subsidiaries in regulated jurisdictions.
  • Client Fund Segregation Policy: Asex does not provide segregated accounts for client funds, increasing the risk of potential misuse.
  • Investor Compensation Fund Participation: Asex does not participate in any investor compensation schemes.
  • KYC and AML Compliance Measures: The broker's compliance with Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations is unclear, raising further concerns about its operational integrity.

  Given these factors, traders should be extremely cautious when considering any dealings with Asex, as the lack of regulation can lead to significant financial risks.

  

3. Trading Products and Services

  Asex offers a variety of trading products, with a strong focus on forex trading. The broker provides access to numerous currency pairs, including major, minor, and exotic pairs. In addition to forex, Asex also offers trading in CFDs across various asset classes:

  • Forex Pairs: Asex provides a wide range of currency pairs, although the exact number is not specified.
  • CFD Product Categories:
  • Indices: Available for trading.
  • Commodities: Including energy and precious metals.
  • Cryptocurrencies: Asex includes popular cryptocurrencies like Bitcoin and Ethereum.
  • Stocks: Limited stock trading options are available.
  • Unique Products: Asex claims to offer unique trading instruments, but details are sparse.
  • Product Update Frequency: The frequency of product updates and the introduction of new instruments is not disclosed.
  • Retail Trading Services: Asex caters primarily to retail clients, providing them with access to various markets.
  • Institutional Client Services: Details on services for institutional clients are not well-defined.
  • White Label Solutions: There is no mention of white label solutions or asset management services.

  While Asex promotes a diverse range of trading options, potential clients should approach with caution due to the broker's unregulated status.

  

4. Trading Platform and Technology

  Asex provides its clients with a web-based trading platform that is designed to facilitate trading across multiple asset classes. However, the platform lacks some of the advanced features typically found in industry-standard platforms such as MetaTrader 4 (MT4) or MetaTrader 5 (MT5).

  • MetaTrader Support: Asex does not support MT4 or MT5, which are popular among traders for their extensive features and user-friendly interfaces.
  • Proprietary Platform Details: The specifics of Asex's proprietary platform are not well-documented, raising questions about its reliability and functionality.
  • Web-Based Trading Platform: Asex offers a generic web-based platform that has been criticized for its lack of unique features.
  • Mobile Applications: There is no mention of mobile trading applications for Android or iOS, which limits accessibility for traders on the go.
  • Execution Model: The execution model used by Asex is not clearly defined, leading to uncertainty regarding trade execution quality.
  • Server Locations and Technical Infrastructure: Details about server locations and the underlying technological infrastructure are not provided, which is essential for understanding the broker's operational reliability.
  • API Access and Automated Trading Support: Asex does not provide information about API access or support for automated trading systems.

  Overall, the trading technology offered by Asex appears to be underwhelming compared to other reputable brokers in the market.

  

5. Account Types and Trading Conditions

  Asex offers a limited range of account types, but specific details regarding account conditions are not clearly outlined on their website. Traders should be aware of the following aspects:

  • Standard Account Conditions: The minimum deposit requirements, spreads, and commissions are not specified, leading to potential confusion for new clients.
  • Advanced Account Types: There is no information available regarding VIP or professional accounts.
  • Special Accounts: Asex does not mention any specialized accounts such as Islamic accounts or corporate accounts.
  • Demo Account Policy: It is unclear whether Asex offers a demo account for practice trading.
  • Leverage Range: The leverage options available to traders are not specified, which is crucial for risk management strategies.
  • Minimum Trade Lot Size: Information on the minimum trade lot size is not provided.
  • Overnight Fees Policy: Details regarding overnight fees (swap rates) are also not disclosed.

  Due to the lack of transparency in account types and trading conditions, potential clients should exercise caution before opening an account with Asex.

  

6. Fund Management

  Asex provides various options for fund management, but the details are limited and raise concerns regarding the safety and reliability of transactions.

  • Supported Deposit Methods: Asex accepts deposits primarily through cryptocurrency, including Bitcoin (BTC), Ethereum (ETH), and Tether (USDT).
  • Minimum Deposit Requirements: The minimum deposit for different account types is not specified, which can be a disadvantage for traders with specific budget constraints.
  • Deposit Processing Time: Deposits are processed within 24 hours, but the lack of clarity on processing times for other methods is concerning.
  • Deposit Fees: Asex does not specify any fees associated with deposits, which can lead to unexpected costs for traders.
  • Withdrawal Methods and Restrictions: The broker's withdrawal methods are not clearly defined, raising concerns about potential limitations.
  • Withdrawal Processing Time: Similar to deposits, withdrawal processing times are not disclosed, which can be a significant issue for clients seeking timely access to their funds.
  • Withdrawal Fee Structure: Asex does not provide information about withdrawal fees, which can vary widely among brokers.

  The lack of transparency in fund management practices is a significant red flag for potential clients considering Asex as their broker.

  

7. Customer Support and Educational Resources

  Asex claims to offer customer support and educational resources, but the details are sparse.

  • Support Channels: Clients can reach out to Asex via email, but there is no mention of phone support or live chat options.
  • Service Hours and Time Zone Coverage: The operating hours for customer support are not specified, which can affect traders in different time zones.
  • Multilingual Support: There is no information on the languages supported by Asex's customer service team.
  • Types of Educational Resources: Asex does not provide clear details on the educational resources available, such as webinars, tutorials, or eBooks.
  • Market Analysis Services: Information on market analysis, daily updates, or research reports is not available.
  • Trading Tools: Asex does not mention any trading tools, such as calculators or economic calendars, which are crucial for traders.

  Overall, the lack of comprehensive customer support and educational resources further diminishes the credibility of Asex as a broker.

  

8. Regional Coverage and Restrictions

  Asex operates in various regions, but there are limitations regarding its services.

  • Primary Service Markets: Asex primarily targets clients in the United Kingdom and other regions, although specific markets are not clearly defined.
  • Regional Offices Distribution: There is no information about any regional offices outside of the UK.
  • Countries/Regions Not Accepted: Asex does not accept clients from certain jurisdictions, but the specific countries are not disclosed.
  • Special Restrictions: Additional restrictions regarding client eligibility and account opening processes are not clearly outlined.

  Potential clients should be aware of these regional limitations and ensure that they comply with local regulations before engaging with Asex.

  In conclusion, while Asex presents itself as a comprehensive trading platform, the lack of regulation, transparency, and clarity in its offerings poses significant risks to potential clients. Traders are strongly advised to prioritize safety and consider regulated alternatives for their trading activities.

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Latest Reviews

Audrae

Audrae

Germany

ASEX impresses with its diverse range of market instruments and cutting-edge trading platforms, offering traders a seamless and efficient experience in navigating the financial markets.

Positive

2024-07-26

HGEF1EQ

HGEF1EQ

Australia

ASEx's trading platform is top-notch!👍 It's great to be able to switch seamlessly between my PC and mobile without losing functionality or performance.

Positive

2024-06-27

BLACK1

BLACK1

United Kingdom

Trading with ASEX has been very smooth. The buffet of assets at my disposal - everything from stocks and CFDs to Bitcoin. The low spreads and access to top liquidity providers made sure I got the best bang for my buck. Everything is good!

Positive

2024-05-15

ASEX Forex Broker has an overall rating of 1.40, Regulatory Index 0.00, License Index 0.00, Business Index 5.75, Software Index 4.37 Risk Control Index 0.00.