AssetsFX belongs to a group of STP brokers, and this company is promising all sorts of things, such as low commission, tight spreads, and immediate execution. However, if you have any experience in the Forex world, you will know that not everything is as it seems, and that is why our AssetsFX review can give you a better look into the features of this trading provider. In other words, we examined all activities and operations of this broker, and if you continue reading this article, you will have access to all the facts and the most relevant information about AssetsFX.
AssetsFX – about the company
As we all know, trading with unregulated brokers bears an enormous amount of risk, and not many investors are willing to deposit their money with one of those companies. Well, AssetsFX is not a regulated broker, which means that there is a high chance of AssetsFX scam being at play here, and that is why we do not recommend trading with this broker company. AssetsFX is owned and operated by Oy Nettico Ltd, and their headquarters are located in Espoo, Finland.
AssetsFX – how to start trading
In case you still want to proceed with your idea of investing with this broker, you will have to register and open up an account. Besides a demo account, which is highly helpful in some cases, traders can choose between several categories of live accounts, such as normal, joined, managed, and corporate. Also, AssetsFX reviews are not happy with the presence of an unregulated third-party software, the so-called “Aurora,” and this protocol serves to manage your accounts and collects statistical data on behalf of the trader.
AssetsFX – software platform
Unregulated brokers are sometimes offering honest and fair services but this is rare in the Forex world, and that is why you should be cautious and careful when investing with AssetsFX broker as well. For instance, this provider offers 60 currency pairs and other assets on its MetaTrader 4 platform, but this handy piece of software could have offered a lot of more possibilities. In other words, AssetsFX only incorporated the standard set of features into the portal, such as Expert Advisors, trading signals, and “Myfxbook” as an auto-trading solution.
Bonuses and rewards
Various gifts and promotions are a common occurrence in the Forex market, and broker houses are sometimes very generous in their offerings. However, this is not the case with AssetsFX, and that is also one of the reasons why our AssetsFX opinion is so negative. What this means is that no trader will be happy when he or she finds out that the only bonus at this broker company is “currently not available.” At the moment of writing, a no deposit bonus was not operational, even though AssetsFX made a highly unrealistic and even entertaining “promise” of giving out up to $10.000 in bonuses and incentives.
The minimum amount traders need to deposit when starting their relations with AssetsFX is $200, and in most AssetsFX opinions this seems reasonable and in agreement with the amount that most other companies are asking. Similarly, AssetsFX is using all of the same banking methods that all other brokers are using, and there is no originality with this particular company as far as we could see. VISA and MasterCard are available, and the same applies to Neteller, Skrill, and wire transfers, in case you are still using this “old” money-processing method.
Customer support service
The website of AssetsFX Forex broker is available in three languages, which is not much if you want to develop a global presence. Similarly, this company does not provide a broad network of localized support centers, and clients can reach their staff via phone or contact form on the site. The lack of other options is another drawback in the overall quality of AssetsFX, and we believe that our readers will only experience a lot of headaches and frustrations if they sign up and register with this particular broker.
If you have read our entire AssetsFX FX broker review, you could see that a lot of things are “off” with this broker company, which is why we urge all of our readers to look elsewhere for a reliable and trustworthy trading provider. We all want to invest your funds in a safe and protected environment, and unregulated Forex brokers are certainly not something that instills a lot of confidence.