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AsiaTradeFX

Operating status: SCAM

Website: https://asiatradefx.com/

Broker violations and abnormal records
  • Jul 04, 2022 Brokersview has Reviewed that AsiaTradeFX is an Unregulated Forex Broker

    AsiaTradeFX is not a reliable broker for traders even though it states offers that look good to be true. AsiaTradeFX claims to be regulated by the Indonesia Commodity Futures Trading Regulatory Agency (BAPPEBTI) under the regulation number: 873/BAPPEBTI/SI/1/2006. We do find a match result to AsiaTradeFX in BAPPEBTI. But please be informed that BAPPEBTI is not a regulatory authority that issues licenses for forex trading or regulates forex activities.

    The truth is that AsiaTradeFX is not under valid regulation to do forex by any regulators. Investors' funds in this broker are unsafe and cannot be protected by any law. Therefore, it is a scam.



    AsiaTradeFX is not a reliable broker for traders even though it states offers that look good to be true. AsiaTradeFX claims to be regulated by the Indonesia Commodity Futures Trading Regulatory Agency (BAPPEBTI) under the regulation number: 873/BAPPEBTI/SI/1/2006. We do find a match result to AsiaTradeFX in BAPPEBTI. But please be informed that BAPPEBTI is not a regulatory authority that issues licenses for forex trading or regulates forex activities.The truth is that AsiaTradeFX is not under valid regulation to do forex by any regulators. Investors' funds in this broker are unsafe and cannot be protected by any law. Therefore, it is a scam.
  • Jan 18, 2023 The Securities Commission Malaysia (SC) Added AsiaTradeFX into Its Investor Alert List

    In 2022, The Securities Commission Malaysia (SC) issued a warning against AsiaTradeFX that this firm is possibly a clone operating an illegal investment scheme and carrying on unlicensed capital market activities dealing in securities. You may visit: https://www.sc.com.my/regulation/enforcement/investor-alerts/sc-investor-alerts/investor-alert-list

    In 2022, The Securities Commission Malaysia (SC) issued a warning against AsiaTradeFX that this firm is possibly a clone operating an illegal investment scheme and carrying on unlicensed capital market activities dealing in securities. You may visit: https://www.sc.com.my/regulation/enforcement/investor-alerts/sc-investor-alerts/investor-alert-list

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Risk Warning:

FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.

Disclaimer:

The data contained in this website may not be real-time and accurate. The data and prices on this site are not necessarily provided by the market or exchange, but may be provided by market makers, so prices may be inaccurate and differ from actual market prices. Namely, this price is indicative price only to reflect market trend, and is unfavorable for trading purpose. The provider of the data contained in the Website shall not be liable for any loss incurred by you as a result of your trading activities or reliance on the information contained in the Website.