AssetsFX foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://www.assetsfx.org/register, about the company's legal and temporary regulatory information, the company's address Level 6 Ken Lee Building 20 Edith Cavell Street Port Louis.
AssetsFX, officially known as AssetsFX Global Ltd, was established in 2013. The brokerage is headquartered in Kingstown, St. Vincent and the Grenadines, specifically at Suite 305, Griffith Corporate Center. As a privately held company, AssetsFX has rapidly evolved to cater to a diverse clientele, primarily focusing on retail forex traders and institutional clients.
Since its inception, AssetsFX has made significant strides in the online trading landscape. Initially launched as a platform for online currency trading, it transitioned into a comprehensive brokerage by 2018, expanding its offerings to include a variety of trading instruments such as CFDs on metals, indices, and stocks from the US and EU markets. The broker has garnered a substantial global presence, with over 180,000 traders utilizing its services.
AssetsFX operates on an ECN (Electronic Communication Network) and STP (Straight Through Processing) model, providing a seamless trading experience. This operational model links traders directly to liquidity providers, ensuring competitive pricing and efficient execution.
AssetsFX broker has positioned itself as a key player in the forex market, striving to deliver excellent trading conditions and support to its users.
AssetsFX is registered under the jurisdiction of St. Vincent and the Grenadines, with the registration number 26438 BC 2021. However, it is important to note that the broker operates in a regulatory environment where licensing is not mandatory. This lack of regulatory oversight raises concerns regarding the safety of client funds and overall operational transparency.
The broker claims to adhere to best practices in terms of client fund protection, maintaining segregated accounts to separate client funds from the companys operational funds. While AssetsFX does not participate in any investor compensation schemes, it asserts compliance with Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations to enhance security and mitigate risks.
Traders should approach this broker with caution, considering the implications of trading with an unregulated entity. The absence of a robust regulatory framework can expose clients to potential risks, especially in the event of disputes or financial difficulties.
AssetsFX offers a diverse range of trading products, catering to various trading preferences. The brokerage provides access to over 60 currency pairs, including major, minor, and exotic currencies, allowing traders to capitalize on global forex market movements.
In addition to forex, AssetsFX also offers a selection of CFDs (Contracts for Difference) across different asset classes, including:
The broker continuously updates its product offerings, ensuring that traders have access to a wide array of instruments. AssetsFX primarily focuses on retail trading services but also accommodates institutional clients, providing tailored solutions to meet their specific needs.
AssetsFX primarily supports the MetaTrader 4 (MT4) trading platform, a widely recognized platform known for its user-friendly interface and robust functionality. The MT4 platform allows traders to execute trades seamlessly and provides access to various technical indicators and charting tools.
In addition to MT4, AssetsFX has recently incorporated MetaTrader 5 (MT5), which offers enhanced features such as additional timeframes and improved analytical tools. Both platforms are available on desktop, web, and mobile devices (iOS and Android), ensuring traders can manage their accounts and execute trades on the go.
The broker utilizes a no dealing desk model, ensuring that trades are executed directly in the market, minimizing the risk of slippage and requotes. AssetsFX boasts a high-speed trading infrastructure, with servers located in key financial hubs to enhance execution speed and reliability.
AssetsFX provides a variety of account types tailored to meet the needs of different traders. The main account types include:
Cent Account: Designed for beginners, this account requires a minimum deposit of $1 and offers spreads starting from 2.2 pips. It is commission-free and provides leverage up to 1:500.
Standard Account: This account type requires a minimum deposit of $10, with spreads starting at 1 pip. It also offers leverage up to 1:500 and is suitable for traders looking for a more traditional trading experience.
ECN Account: For more experienced traders, the ECN account requires a minimum deposit of $50 and features spreads starting from 0 pips, along with a commission of $6 per lot. This account type provides direct market access, allowing traders to capitalize on tight spreads and fast execution.
ECN Pro Account: Designed for high-volume traders, this account requires a minimum deposit of $1,000 and offers spreads from 0 pips, with a commission of $4 per lot.
All account types allow for a minimum trade size of 0.01 lots and feature negative balance protection, ensuring that traders cannot lose more than their initial investment.
AssetsFX supports a variety of deposit and withdrawal methods, making it convenient for traders to manage their funds. The available deposit methods include:
The minimum deposit amounts vary by account type:
Deposits are typically processed instantly for cryptocurrency transactions, while bank transfers may take up to one business day. Notably, AssetsFX does not charge any deposit fees; however, clients should be aware that their payment processors may impose their own fees.
Withdrawal options mirror the deposit methods, allowing clients to withdraw funds using the same channels. The processing time for withdrawals is generally quick, with cryptocurrency withdrawals being processed instantly. Bank transfers may take longer, typically requiring up to 24 hours for processing.
AssetsFX offers multiple channels for customer support, including email, live chat, and phone support. The support team is available 24/7, ensuring that traders can receive assistance whenever needed. However, it is important to note that the support is primarily offered in English, which may limit accessibility for non-English speakers.
In terms of educational resources, AssetsFX provides a range of tools to assist traders, including:
Despite these resources, some traders have noted a lack of comprehensive educational materials, such as webinars or detailed tutorials, which may be beneficial for novice traders.
AssetsFX primarily serves a global market, with a significant presence in regions such as Bangladesh, where it holds a large percentage of its client base. The broker operates through various regional offices to cater to its diverse clientele.
However, it is important to note that AssetsFX does not accept clients from certain countries, including the United States. This restriction is due to regulatory considerations and the broker's operational policies.
In summary, while AssetsFX provides a wide range of trading options and competitive conditions, potential clients should carefully consider the regulatory environment and the associated risks before engaging with the broker.
Khan Fx
Pakistan
AssetsFx ranking is going down just due to bad services and scams with Pakistan clients. i was acting as country manager of AssetsFx in Pakistan. They scam with my clients, They stop the withdrawals and blame for abuse trading by clients. buy the clients didn’t open a single trade in his account. Just deposit and they blocked the account. Eve
Exposure
04-30
Khan Fx
Pakistan
As a country manager, I worked with this broker. they are always demanding loosing money and stop withdrawal of my clients and my salary without any notice.
Exposure
04-18
News AssetsFX Honored as the Most Trusted Forex Broker - Asia at WIKI FINANCE EXPO Dubai 2024
Dubai, UAE – November 27, 2024—AssetsFX proudly took center stage at the WIKI FINANCE EXPO Dubai 2024, receiving the prestigious “Most Trusted Forex Broker—Asia” award. This recognition reflects the c
News AssetsFX Shines at Money Expo Qatar 2024, Showcasing ECN PRO Account and Exclusive Trader Perks!
Doha, Qatar – November 2024 – With a sense of pride and purpose, AssetsFX marks the successful close of its appearance at the Money Expo Qatar 2024, hosted at the Doha Exhibition Convention Center (D
News AssetsFX Celebrates Successful Participation at Dubai Forex Expo 2024
Dubai, UAE – October 2024 – AssetsFX is thrilled to announce the successful conclusion of its participation in the Dubai Forex Expo 2024, held at the Dubai World Trade Center. The event proved to be a
FX8058881420
Ukraine
My name is Roman, founder of Pierstage Capital Management, with 15+ years in FX. I opened an account with AssetsFX and deposited $10,000. When my balance was about $9,700, I requested a $5,000 withdrawal, which they canceled without explanation and ignored my messages. Shortly after, I found 3 fake trades on my account (only the broker and I had access), wiping out my entire $10,000. I made no trades after the withdrawal request — they manipulated the account and erased my funds. Their Telegram support said, “You lost your money yourself!” I analyzed my trades against AssetsFX’s MT5 server data. Out of 146 trades, 3 Bitcoin trades were altered, reducing profits by exactly $10,000 total: Trade #7583356: profit cut by $4,000 Trade #7583623: profit cut by $4,000 Trade #7584185: profit cut by $2,000 This was intentional manipulation, not an error.
Exposure
06-19