AssetsFX
Pros and Cons
Pros
- Regulated by the Financial Services Commission (FSC) in Mauritius
- Diverse trading instruments including forex, commodities, indices, stocks, and cryptocurrencies
- Trading platforms: MetaTrader 4 and MetaTrader 5
- Customer support available via email, live chat, and phone
- Competitive trading conditions with low spreads and multiple account types
Cons
- Not regulated by major financial authorities
- Limited educational resources for traders
- No option for copy trading available
- Withdrawal limitations with certain payment methods
- No support for depositing via bank cards
Basic Information
User Reviews
AssetsFX Overview
AssetsFX is a forex broker established over a decade ago, specifically around 2013, and is headquartered in Mauritius. The brokerage operates under the full name of Assets Global Ltd and is registered with the regulatory authority of Mauritius, ensuring a level of trust and reliability in its operations. Traders can explore a wide range of services offered by AssetsFX, making it a notable player in the forex trading market. For more detailed information, you can visit their official page at https://www.wikifx.com/en/dealer/1279562005.html.
The broker provides access to various trading instruments, including forex and commodities, allowing traders to engage in diverse market opportunities. AssetsFX features a robust trading platform, specifically MetaTrader 4, which offers essential tools and functionalities for an enhanced trading experience. Customer support is available to assist traders, contributing to a user-friendly environment. With a commitment to delivering competitive trading conditions, AssetsFX aims to meet the needs of traders seeking efficient and effective trading solutions.
Is AssetsFX Safe? Regulation Analysis
Regulatory Information
| Regulatory Authority | Country/Region | Fund Protection Measures |
|---|---|---|
| Financial Services Commission (FSC) | Mauritius | Segregated Funds |
Is AssetsFX Regulated and How Are Client Funds Protected?
AssetsFX is regulated by the Financial Services Commission (FSC) in Mauritius. This regulatory oversight contributes to the broker’s legitimacy and operational integrity within the forex trading industry. As a regulated entity, AssetsFX is committed to maintaining a high standard of compliance and transparency.
Client funds are kept in segregated accounts, ensuring that traders’ capital is safeguarded and separated from the company’s operational funds. This practice helps protect client assets in the event of any financial issues faced by the broker. Overall, the regulatory framework and fund protection measures in place at AssetsFX contribute to a safer trading environment for its clients.
Trading Products and Services
What trading instruments does AssetsFX offer?
| Asset Category | Available Products | Total Count (if available) |
|---|---|---|
| Forex | Major Pairs / Examples | Varies |
| Commodities | Gold, Oil | Varies |
| Indices | S&P 500, NASDAQ | Varies |
| Stocks | US, UK | Varies |
| Cryptocurrencies | BTC, ETH | Varies |
AssetsFX provides a diverse range of trading instruments, including forex, commodities, indices, stocks, and cryptocurrencies. This variety allows traders of all levels—from beginners to experienced professionals—to find suitable products that meet their trading strategies and risk appetites. The inclusion of multiple asset categories is essential for effective portfolio diversification, enabling traders to explore various markets and adjust their strategies based on market conditions. By offering a comprehensive selection of instruments, AssetsFX supports flexible trading approaches, catering to the diverse needs of its clients in the dynamic trading environment.
Account Types and Trading Conditions
What Account Types and Fees Does AssetsFX Offer?
| Account Type | Target User Group | Essential Characteristics | Applicability Notes |
|---|---|---|---|
| Standard Account | Beginners | Designed for new traders with a low minimum deposit. | Suitable for those looking to make an entry into forex trading. |
| ECN Account | Traders seeking tighter spreads | Precise profit calculations with low spreads. | Minimum deposit required is $50. |
| ECN Pro Account | Experienced traders | Ultra-tight spreads and fast execution. | Minimum deposit required is $1,000. |
| Zero ECN Account | Professional traders | Zero spreads designed for high-frequency trading. | Minimum deposit required is $5,000. |
Account Opening Process
To open an account with AssetsFX, follow these steps: First, complete the secure online registration form by providing personal information. Next, submit identity verification documents, including a government-issued ID and proof of address. After verification, you can fund your account using various payment methods. Additionally, you have the flexibility to upgrade to a professional account later if your trading needs evolve.
Trading Fees
| Product | Spread (pips) | Commission | Notes |
|---|---|---|---|
| Forex (EUR/USD) | From 1.0 | $0 (Standard) | Typical spread for beginners |
| Forex (Major Pairs) | From 0.0 | $3 (ECN) | Tight spreads for ECN accounts |
| CFDs (Indices) | Varies | $0 | Competitive pricing on major indices |
| CFDs (Commodities) | Varies | $0 | Includes commodities like gold and oil |
| Cryptocurrencies (BTC/USD) | Varies | 0.1% | Variable based on market conditions |
Other Fees
AssetsFX may charge various fees, including deposit and withdrawal fees depending on the chosen payment method. Inactivity fees may apply if accounts are dormant for an extended period. Additionally, overnight interest (swap rates) may be applicable for positions held overnight, and currency conversion fees may apply when trading different currency pairs.
Trading Platforms and Apps
What Trading Platforms and Apps Does AssetsFX Offer for Traders?
| Platform | Device Support | Key Features | Additional Services |
|---|---|---|---|
| MetaTrader 4 (MT4) | Windows, macOS, iOS, Android | Secure login (2FA, encryption), multiple order types, technical indicators, price alerts | Demo accounts, VPS |
| MetaTrader 5 (MT5) | Windows, macOS, iOS, Android | Advanced order types, powerful charting tools, economic calendar, push notifications | Demo accounts, VPS |
| Web Version | Web browsers | Accessible from any device, market search, one-click trading | Demo accounts |
| Mobile App | iOS, Android | Convenient login, real-time alerts, simple navigation | Demo accounts |
AssetsFX offers a range of trading platforms, including MetaTrader 4 and MetaTrader 5, suitable for both novice and experienced traders. MT4 is known for its user-friendly interface and essential trading tools, while MT5 provides advanced features for more complex trading strategies. The web version ensures access from any device without the need for installation, and the mobile app facilitates trading on the go with real-time alerts and easy navigation. All platforms emphasize secure logins and efficient trade execution, supporting a seamless trading experience across devices.
Overall, the broker’s offerings cater to diverse trading needs, ensuring that users can engage in trading activities with the necessary tools and support for effective decision-making.
Deposit and Withdrawal
Deposit and Withdrawal Options
| Payment Method | Processing Time | Fees | Limits | Base Currency Options |
|---|---|---|---|---|
| Bank Transfer | 3–5 Days | No platform fee | Min $50, Max $20,000/day | USD, EUR, GBP |
| Credit/Debit Card | Instant | No platform fee | Min $50, Max $10,000/day | USD, EUR |
| e-Wallets (Skrill, Neteller) | Instant | 1.5% fee | Min $50, Max $5,000/day | USD, EUR |
| Cryptocurrency | Instant | No platform fee | Min $50, Max $10,000/day | BTC, ETH |
Minimum Deposit
AssetsFX requires a minimum deposit of $50 to open a trading account. This amount remains consistent across different account types and payment methods, making it accessible for new traders looking to enter the forex market.
How to Withdraw
To withdraw funds from your AssetsFX account, follow these steps: 1. Log in to your AssetsFX account. 2. Navigate to the ‘Withdrawal’ section. 3. Select your preferred withdrawal method. 4. Enter the amount you wish to withdraw, ensuring it meets the minimum and maximum limits. 5. Submit your request. 6. Wait for the processing period specific to your chosen method (3–5 days for bank transfers, instant for e-wallets). 7. Check your account for the transaction confirmation.
Customer Support
AssetsFX Customer Support Overview
Support Channels
AssetsFX provides multiple contact methods to assist clients effectively. Traders can reach out via:
- Email: Email support is available at info@assetsfx.org for general inquiries and assistance.
- Live Chat: A live chat feature is available on the website for immediate support.
- Telephone: Customers can contact support at +357 2525 1492 for direct assistance.
- Social Media: AssetsFX maintains a presence on social media platforms for additional support options.
Service Availability
AssetsFX offers customer support from Monday to Friday, ensuring that traders can access assistance during standard business hours. Multilingual support is available, enhancing accessibility for a diverse client base.
Additional Resources
To further assist traders, AssetsFX provides various educational resources, including video tutorials and market analysis, which can help clients enhance their trading knowledge and strategies.
Frequently Asked Questions
Yes, AssetsFX is regulated by the Financial Services Commission (FSC) in Mauritius, which ensures its legitimacy and operational integrity. Client funds are kept in segregated accounts to protect them from the company’s operational funds, contributing to a safer trading environment.
AssetsFX offers several account types tailored to different trading needs: a Standard Account for beginners, an ECN Account for tighter spreads, an ECN Pro Account for experienced traders with ultra-tight spreads, and a Zero ECN Account designed for professional traders engaging in high-frequency trading.
AssetsFX provides access to MetaTrader 4 (MT4) and MetaTrader 5 (MT5), both of which are compatible with various devices including Windows, macOS, iOS, and Android. These platforms offer essential trading tools and functionalities for a comprehensive trading experience.
AssetsFX offers multiple support channels, including email at info@assetsfx.org, a live chat feature on their website, and telephone support at +357 2525 1492. Support is available from Monday to Friday, ensuring traders can access assistance during standard business hours.
Related Forex Brokers
Risk Disclosure
Trading forex/CFDs via brokers carries high risks, including potential total loss. For any data changes, please refer to the latest information on the brokers' official websites. Trade with caution and seek independent advice.