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ASR Forex Broker provides real users with * positive reviews, * neutral reviews and 3 exposure review!

ASR Broker Review

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ASR Review 3

Latest All(3) Exposure(3)
Exposure
Pay attention to the scam platform ASR

I have an interview in Guangzhou Zhongying Industrial Investment Co., Ltd. at the end of 2018 via 51job, with the hope of studying financial knowledge. I didn't expect to open an account in the company after being brainwashed by the company's senior employees and directors. They let me trade onASR. The director gave me order recommendations via WeChat. Later, I found something wrong. The company didn't have foreign exchange qualifications. When they caused me to lose more than 600,000 yuan, I turned to the director for negotiation. But he was very hard and threatened me. Asr also cheated up by saying that Cai Zhiwei had opened an account here. For a safe depositing and withdrawing, I hope that you will not be deceived again.

小美
2019-03-14
Exposure
ASR uses fake MT4 for fraud

ASR’ adviser Lao Song obtained our trust by recommending stocks in the stock group, and then lured us to invest in forex on the grounds that the stock market is not good. He asked for our bank card information and ID card information to open accounts on our behalf. After that, he incited us to increase the funds to hold heavy positions. He gave order advice in WeChat in real time, letting us trade with 50% or 70% of the positions. And he almost gave reverse advice, which caused forced liquidations. When we traded, the platform used the fake MT4 to manipulate the data in the background. We obviously delivered the profitable orders, but the system showed no such orders. As we found it on the spot, the platform deleted our account, and changed the website. Afterwards, it is confirmed to be illegal at all in China. Dinpay colluded with with ASR, carrying out illegal practice. Now I ask you to urge ASR to return the remaining 130,000 yuan. The money was confirmed to be transferred finally to Xi'an Baolida Trading Co., Ltd through the third-party payment. For. Http://www.asr-fx.com/ ; the original website: http://www.asrlnfx.com/ New website Please help me to investigate clearly, thank you.

2513694948
2019-02-18
Exposure
ASR osx used fake MT4 for fraud

Lao song, ASR international foreign exchange agent from September to November 2017, recommended stocks in the stock group to gain our trust, and then lured us to operate foreign exchange on the grounds of poor stock prices.Our bank card information and id information want to open an account for us in the past, after opening a good door, lure us to increase capital to carry on heavy warehouse operation, he shouted sheet in real time in WeChat, let us half warehouse, seven into warehouse operation, basically is anti sheet, harm us burst warehouse.Using fake MT4 software background during the manipulation of the data, the MT4 software all day data fraud, we clearly clinch a deal the list did not clinch a deal of money, was on the spot, we found that the delete our account, after the change of foreign exchange website, the query, foreign exchange isn't legal in China, do you think it is illegal to pay cooperative ASR international with irregularities, now I ask you to supervise the ASR Austin returned to the rest of my $130000 in foreign exchange, query through the third-party payment platform, finally into place for xi 'an lida trading co., LTD.The new website http://www.asrlnfx.com/ http://www.asr-fx.com/ to obtain your help to find out, thank you.

FX3859471925
2019-02-08

  

ASR 2025 Review: Everything You Need to Know

  

Summary

  The ASR forex brokerage has garnered significant attention, primarily for its controversial reputation. Multiple sources indicate that ASR may not be a legitimate trading platform, with numerous user complaints and warnings about potential scams. Key concerns include issues with regulatory compliance, withdrawal difficulties, and allegations of fraudulent practices.

  Note: It's crucial to differentiate between various entities associated with ASR, as the name is shared across different financial services. This review aims for fairness and accuracy by consolidating information from multiple credible sources.

  

Ratings Overview

Category Rating (out of 10)
Account Conditions 2
Tools and Resources 3
Customer Service & Support 2
Trading Experience 2
Trustworthiness 1
User Experience 2
Regulatory Compliance 1

  How We Rate Brokers: Our ratings are based on a comprehensive analysis of user experiences, expert opinions, and factual data from reputable sources.

  

Broker Overview

  ASR, operating under the name ASR Levensverzekering NV, has been active for approximately 5 to 10 years. It presents itself as a forex and CFD trading platform, offering various trading instruments. However, the platform has been flagged for operating without proper regulatory oversight, particularly in regions like the UK. ASR claims to provide access to popular trading platforms like MT4 but has faced accusations of utilizing a fake version for fraudulent activities.

  

Detailed Section

  

Regulatory Compliance

  ASR operates in a highly regulated environment, yet it lacks credible oversight from recognized financial authorities. Reports indicate that ASR is associated with suspicious regulatory licenses, including a clone license from the FCA in the UK. This raises significant red flags regarding its legitimacy. According to WikiFX, the regulatory index for ASR is alarmingly low at 0.00, indicating a severe lack of oversight.

  

Deposit/Withdrawal Methods

  Users have reported significant challenges when attempting to withdraw funds from ASR. Many complaints highlight difficulties in accessing their capital, leading to suspicions that the platform may be operating as a Ponzi scheme. The withdrawal process, according to various user accounts, is fraught with delays and complications, which is a major concern for potential traders.

  

Minimum Deposit

  The minimum deposit required to start trading with ASR is reportedly around $100. However, this low entry point is overshadowed by the potential risks associated with the broker, particularly its lack of regulatory compliance and the numerous warnings from former users.

  

Bonuses/Promotions

  While ASR may offer promotional bonuses to attract new clients, these incentives often come with stringent terms and conditions that may complicate withdrawals. Users have expressed frustration over the misleading nature of these promotions, which can lead to unexpected losses.

  

Tradable Asset Classes

  ASR claims to provide a variety of tradable assets, including forex pairs, indices, commodities, and cryptocurrencies. However, the quality and reliability of these offerings are questionable given the broker's overall reputation and the numerous allegations of fraud.

  

Costs (Spreads, Fees, Commissions)

  The cost structure at ASR is not transparent, with reports suggesting that spreads and commissions may be higher than average. Users have noted that the platform's fees can eat into their trading profits, further exacerbating their dissatisfaction.

  

Leverage

  ASR reportedly offers leverage up to 1:500, which can be attractive to traders looking to maximize their investment potential. However, high leverage also increases the risk of significant losses, especially in a volatile market environment.

  

Allowed Trading Platforms

  ASR claims to support popular trading platforms, including MT4. However, there are allegations that the platform may be using a manipulated or fake version of MT4, which raises serious concerns about the integrity of trades executed on its platform.

  

Restricted Regions

  There are indications that ASR may not be available in certain jurisdictions, particularly where strict regulatory frameworks are in place. This can be a significant limitation for traders looking to operate in a compliant environment.

  

Available Customer Support Languages

  Customer support appears to be limited, with reports of inadequate responsiveness and support in multiple languages. Users have expressed frustration over the lack of effective communication, which is critical for resolving issues in a timely manner.

  

Ratings Overview (Revisited)

Category Rating (out of 10)
Account Conditions 2
Tools and Resources 3
Customer Service & Support 2
Trading Experience 2
Trustworthiness 1
User Experience 2
Regulatory Compliance 1

  

Detailed Breakdown

  •   Account Conditions: Users have reported numerous issues with account management, particularly in terms of withdrawals. The overall sentiment is negative, indicating a lack of trust in the platform's operations.

  •   Tools and Resources: While ASR claims to provide various trading tools, user feedback suggests that these resources may not be reliable or effective, particularly in a trading environment that lacks transparency.

  •   Customer Service & Support: Customer service is a major pain point, with many users reporting long wait times and unhelpful responses. This has led to increased frustration and dissatisfaction with the platform.

  •   Trading Experience: The trading experience on ASR has been marred by allegations of fraud and manipulation, particularly concerning the execution of trades on its platform.

  •   Trustworthiness: ASR's trustworthiness is significantly compromised due to its lack of regulatory oversight and numerous user complaints regarding its operations.

  •   User Experience: Overall user experience is negative, with many traders expressing regret over their decision to engage with the platform. The combination of regulatory issues and poor customer service has led to a lack of confidence in ASR.

  •   Regulatory Compliance: The absence of proper regulation is a critical issue, as it raises questions about the safety of funds and the legitimacy of the trading environment.

  •   In conclusion, the ASR review for 2025 reveals a broker that is fraught with issues, including regulatory non-compliance, poor user experiences, and significant trust deficits. Potential traders should exercise extreme caution and consider these factors before engaging with ASR.