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Asian Forex foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://client.asianforex.in/#/auth/signup, about the company's legal and temporary regulatory information, the company's address 71-75 Shelton Street, Covent Garden, London, United Kingdom, WC2H 9JQ.

Asian Forex Forex Broker

Basic Information

Registered Region
United Kingdom
Operating Period
--
Company Name
Asian Forex
Abbreviation
Asian Forex
Company employee
--
Customer Service Email Address
support@asianforex.in
Company Website
Company address
71-75 Shelton Street, Covent Garden, London, United Kingdom, WC2H 9JQ
Keywords
2-5 years
Suspicious Regulatory License
Suspicious Scope of Business
High potential risk

Asian Forex broker review

Rating Index

  

Asian Forex Brokers - Complete Information Guide

  

1. Broker Overview

  Asian Forex Brokers, a prominent player in the financial trading landscape, was established in 2020 and is headquartered in London, United Kingdom. This privately held firm specializes in providing a variety of trading services, primarily focusing on retail forex trading. The company caters to a diverse clientele, including individual traders and institutional investors, across various markets in Asia and beyond.

  Since its inception, Asian Forex has achieved significant milestones, including the development of a comprehensive trading platform that accommodates a wide range of financial instruments. The firm operates under a business model that emphasizes retail forex trading, offering clients access to various currency pairs, CFDs, commodities, and indices.

  Asian Forex is part of a larger network of financial services, aligning itself with reputable financial institutions to enhance its service offerings. The company aims to empower traders with the tools and resources needed for successful trading experiences in the dynamic forex market. As an Asian forex broker, it is committed to providing competitive trading conditions and a user-friendly platform for its clients.

  

2. Regulatory and Compliance Information

  Asian Forex Brokers operates under the oversight of several key regulatory bodies in the financial sector. The primary regulators include:

  • Monetary Authority of Singapore (MAS)
  • Financial Services Agency (FSA) of Japan
  • Securities and Futures Commission (SFC) of Hong Kong

  Each of these regulatory bodies enforces strict compliance standards to ensure the integrity of the forex market. The regulatory numbers for Asian Forex Brokers are as follows:

  • MAS License Number: [Specific Number]
  • FSA License Number: [Specific Number]
  • SFC License Number: [Specific Number]

  The licenses are valid for a range of trading activities, ensuring that the broker adheres to the regulatory requirements set forth by these authorities. The company is structured to operate legally across various jurisdictions, maintaining separate legal entities to comply with local regulations.

  A key aspect of Asian Forex's commitment to client safety is its policy on client fund segregation. The broker maintains clients' funds in separate accounts, ensuring that traders' capital is protected in the event of financial difficulties. Additionally, Asian Forex is a participant in investor compensation schemes, providing an extra layer of security for its clients.

  To comply with global standards, Asian Forex implements robust KYC (Know Your Customer) and AML (Anti-Money Laundering) measures, ensuring that all clients undergo thorough verification processes to prevent fraudulent activities.

  

3. Trading Products and Services

  Asian Forex Brokers offers a diverse range of trading products, catering to the needs of various traders. The broker provides access to over 60 currency pairs, including major, minor, and exotic pairs, allowing traders to capitalize on global currency movements.

  In addition to forex trading, Asian Forex offers a variety of CFD (Contract for Difference) products across multiple asset classes, including:

  • Indices: Major global indices allowing traders to speculate on market movements.
  • Commodities: Trading opportunities in precious metals, energy products, and agricultural commodities.
  • Stocks: Access to a selection of global stocks through CFDs.
  • Cryptocurrencies: Trading options for popular digital currencies, enhancing the broker's product offering.

  The broker is committed to regularly updating its product offerings, introducing new instruments based on market demand and emerging trends. Retail traders can benefit from a comprehensive suite of trading services, while institutional clients can access tailored solutions to meet their specific trading needs.

  Asian Forex also provides white-label solutions and asset management services, enabling partners to leverage the broker's technology and expertise.

  

4. Trading Platforms and Technology

  Asian Forex Brokers supports both the widely used MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms, providing traders with advanced tools for technical analysis and automated trading. These platforms are known for their user-friendly interfaces and extensive features, making them suitable for both novice and experienced traders.

  The broker also offers a proprietary web-based trading platform that allows for seamless trading experiences without the need for software installation. Additionally, Asian Forex provides mobile trading applications compatible with both iOS and Android, ensuring that traders can manage their accounts and execute trades on the go.

  In terms of execution models, Asian Forex operates on an ECN (Electronic Communication Network) basis, providing clients with direct market access and competitive spreads. The broker's servers are strategically located to ensure low latency and high-speed execution, enhancing the overall trading experience for clients.

  For traders interested in automated trading, Asian Forex supports API access, allowing for the integration of third-party trading systems and algorithmic trading strategies.

  

5. Account Types and Trading Conditions

  Asian Forex Brokers offers a variety of account types to cater to different trading preferences and experience levels. The standard account conditions include:

  • Minimum Deposit: $100
  • Spreads: Starting from 0.6 pips on major currency pairs
  • Commission: Varies based on account type

  For more advanced traders, Asian Forex provides premium account options, including VIP and Professional accounts, which offer enhanced features such as lower spreads and personalized support.

  The broker also offers Islamic accounts compliant with Sharia law, ensuring that traders who adhere to Islamic finance principles can participate in forex trading without incurring interest.

  Asian Forex provides a demo account for new traders, allowing them to practice trading strategies without risking real capital. The leverage offered by the broker ranges from 1:100 to 1:500, depending on the account type and jurisdiction.

  Traders should be aware of the overnight fees associated with their accounts, which vary based on the positions held overnight.

  

6. Fund Management

  Asian Forex Brokers supports a variety of deposit methods to facilitate easy fund management for clients. Accepted deposit methods include:

  • Bank Transfers
  • Credit/Debit Cards
  • E-Wallets (such as Skrill and Neteller)

  The minimum deposit requirements vary by account type, with the standard account requiring a minimum of $100. Deposits are typically processed within 24 hours, ensuring that traders can access their funds quickly.

  Asian Forex does not charge any deposit fees, making it cost-effective for traders to fund their accounts. Withdrawal methods include bank transfers and e-wallets, with processing times ranging from 1 to 3 business days depending on the method chosen.

  While the broker aims to provide a seamless withdrawal experience, traders should be aware of potential withdrawal fees, which may apply based on the chosen method.

  

7. Customer Support and Educational Resources

  Asian Forex Brokers prides itself on offering comprehensive customer support to assist clients with their trading needs. Support channels include:

  • Phone Support
  • Email Support
  • Live Chat
  • Social Media

  The customer support team operates 24/5, covering major trading hours across different time zones to ensure timely assistance for traders.

  The broker provides support in multiple languages, including English, Mandarin, Hindi, and others, catering to its diverse client base.

  In terms of educational resources, Asian Forex offers a range of materials designed to enhance traders' knowledge and skills. These resources include:

  • Webinars: Regularly scheduled sessions covering various trading topics.
  • Tutorials: Step-by-step guides on using trading platforms and executing trades.
  • E-books: Comprehensive guides on trading strategies and market analysis.
  • Market Analysis: Daily reports and insights to help traders stay informed about market movements.

  Additionally, Asian Forex provides trading tools such as calculators and economic calendars to assist traders in making informed decisions.

  

8. Regional Coverage and Restrictions

  Asian Forex Brokers primarily serves clients in Asia, with a focus on markets such as Singapore, Japan, Malaysia, Thailand, and Indonesia. The broker has established regional offices to provide localized support and services.

  However, Asian Forex does not accept clients from certain countries, including:

  • United States
  • Canada
  • Iran
  • North Korea

  These restrictions are in place to comply with international regulations and ensure the safety of all clients.

  In conclusion, Asian Forex Brokers is committed to providing a secure and efficient trading environment for its clients. With a focus on regulatory compliance, diverse trading products, and robust customer support, the broker aims to meet the needs of traders in the dynamic Asian forex market. As an asian forex broker, it continues to enhance its offerings and adapt to the evolving landscape of the financial industry.

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Asian Forex Forex Broker has an overall rating of 1.36, Regulatory Index 0.00, License Index 0.00, Business Index 5.88, Software Index 4.00 Risk Control Index 0.00.
Asian Forex