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ASG Forex Broker provides real users with * positive reviews, 1 neutral reviews and * exposure review!

ASG Broker Review

1.54

WikiFX monitor

Business

Influence D

License

No license

ASG Review 1

Latest All(1) Neutral(1)
Neutral

The company's web page looks uncomfortable to me, and he doesn't have any regulatory information. Forget it, I'm not going to trade here.

FX1140398987
2022-12-12

  

ASG 2025 Review: Everything You Need to Know

  In the world of forex trading, ASG has garnered attention, both positive and negative, leaving potential traders with numerous questions about its legitimacy and reliability. This review synthesizes various expert opinions and user experiences to provide a comprehensive overview of ASG, highlighting key features such as its regulatory status, trading conditions, and customer support.

  Note: It's essential to recognize the differences in regulatory oversight across regions, as ASG operates under various entities that may not adhere to the same standards. This review aims for fairness and accuracy by relying on multiple sources.

  

Rating Summary

Category Rating (out of 10)
Account Conditions 4
Tools and Resources 3
Customer Service & Support 5
Trading Setup 4
Trustworthiness 2
User Experience 3
Additional Features 4

  How We Rated the Broker: Ratings are based on a synthesis of user experiences, expert opinions, and factual data collected from various credible sources.

  

Broker Overview

  Founded in 1983, ASG, also known as Amanat Shah Group, is primarily based in Bangladesh. It has a diversified business portfolio, but its forex trading operations have raised concerns among industry experts. ASG does not support popular trading platforms like MT4 or MT5, which may limit its appeal to seasoned traders. The broker offers a range of trading instruments, including forex, CFDs, commodities, and indices. However, it lacks valid regulatory oversight, which is a significant red flag for potential investors.

  

Detailed Review

  

Regulatory Environment

  ASG operates without proper regulation, which is a major concern for traders. According to multiple sources, including WikiFX, ASG has been flagged for its suspicious regulatory license and scope of business. The lack of regulation means that traders have limited recourse in case of disputes, making it a risky choice for anyone looking to invest their funds.

  

Deposit/Withdrawal Currency and Minimum Deposit

  While specific details on deposit and withdrawal currencies were not extensively covered, it is essential for potential traders to confirm these details directly with ASG. The minimum deposit requirement is also unclear, but many reviews suggest it could be relatively low compared to other brokers.

  

Bonuses/Promotions

  ASG does not appear to offer significant bonuses or promotions, which is a common practice among more established brokers. This lack of incentives might deter some traders looking for added value when opening an account.

  

Tradable Asset Classes

  ASG provides access to various asset classes, including forex, CFDs, commodities, and indices. However, the absence of well-known trading platforms like MT4 or MT5 may limit the trading experience, as these platforms are favored for their user-friendly interfaces and extensive analytical tools.

  

Costs (Spreads, Fees, Commissions)

  Cost structures for trading with ASG are not clearly defined in the available reviews. However, the general consensus is that the broker may have higher spreads and fees compared to more regulated brokers, which could impact overall profitability.

  

Leverage

  Details regarding leverage offered by ASG are sparse. Traders should exercise caution and verify these details, especially given the inherent risks associated with high leverage in forex trading.

  

Allowed Trading Platforms

  ASG does not support widely-used trading platforms like MT4 or MT5, which could be a significant drawback for traders accustomed to these platforms' features and functionalities.

  

Restricted Regions

  Information regarding restricted regions is not explicitly mentioned in the reviews, but the lack of regulation suggests that ASG may not be available in certain jurisdictions, particularly those with stricter regulatory frameworks.

  

Available Customer Support Languages

  ASG provides customer support primarily in English, but there may be limitations based on the regional offices. User reviews indicate that while support is available, response times can vary significantly.

  

Rating Summary Revisited

Category Rating (out of 10)
Account Conditions 4
Tools and Resources 3
Customer Service & Support 5
Trading Setup 4
Trustworthiness 2
User Experience 3
Additional Features 4

  

Detailed Breakdown

  • Account Conditions: ASG's account conditions are rated poorly due to the lack of regulatory oversight and unclear terms regarding deposits and withdrawals.
  • Tools and Resources: The absence of recognized trading platforms like MT4 or MT5 limits the tools available for traders, making it difficult to conduct thorough market analysis.
  • Customer Service & Support: While customer support is accessible, user reviews suggest that response times can be inconsistent, leading to frustration among traders.
  • Trading Setup: The trading experience with ASG may be hindered by its lack of established trading platforms and unclear cost structures.
  • Trustworthiness: The lack of valid regulation and numerous warnings from financial authorities significantly impact ASG's trustworthiness.
  • User Experience: Overall user experience appears to be mixed, with some users reporting difficulties in accessing support and understanding trading conditions.
  •   In conclusion, ASG presents a mixed bag of offerings. While it provides access to various trading instruments, its lack of regulation and support for popular trading platforms raises significant concerns. Potential traders should exercise caution and consider these factors carefully before engaging with ASG.

ASG review