Forex ASJ Forex Broker Review

Performance Matrix

Main Score & Risk Matrix

N/A

Score

1.5

Very Poor

Our review desk considers this broker unsuitable for most traders until transparent licensing, stronger compliance evidence, and clearer client-fund protections are demonstrated.

License 1.7

Business 1.0

Risk Control 1.3

Software 2.0

Regulatory 1.5

Terminal Snapshot

ASJ Forex Trading Conditions

Registered Region United Kingdom

Operating Period 2-5 years

Minimum Deposit $100

Spread N/A

Licenses N/A

Contact Email market@asjfx.co

Contact Number N/A

Website www.asjfx.co

Balanced Review

Pros & Cons

Pros

Access to MetaTrader 5 (MT5) platform
Diverse trading instruments including forex, commodities, indices, stocks, and cryptocurrencies
Low minimum deposit requirement of $50
Multiple payment methods supported for deposits and withdrawals
Customer support available via email

Cons

Not regulated by any recognized financial authorities
Limited customer support options (email only)
Negative user feedback regarding withdrawal issues
No demo accounts available for practice
Lack of transparency in account features and operations

Compliance Desk

Regulatory Licenses

0.0/10

No structured regulatory license cards have been configured yet.

Peer Benchmark

Broker Comparison

Feature	ASJ Forex	FXTM	EC Markets	AvaTrade
Operating Period	2-5 years	See review	See review	See review
Region	United Kingdom	See review	See review	See review
Minimum Deposit	$100	See review	See review	See review
Spread	N/A	See review	See review	See review
Trust Score	1.5/10	See review	See review	See review

Product Fit

Account Types

What Account Types and Fees Does ASJ Forex Offer?

Account Type	Target User Group	Essential Characteristics	Applicability Notes
Retail Account	Beginners and retail traders	Low minimum deposit, access to various currency pairs	Suitable for small-capital practice
Professional Account	Experienced traders	Higher leverage options, tailored trading conditions	Requires trading volume qualifications
Corporate Account	Corporate clients	Customized services, potential for larger capital management	Requires corporate documentation
Demo Account	Traders seeking practice	Simulated trading environment	Not available

Account Opening Process

To open an account with ASJ Forex, prospective traders must complete several steps. This includes submitting personal information, employment details, and financial information. Identity verification is required, which typically involves providing a government-issued ID and proof of address. Traders should be aware that there is flexibility in account types, allowing for potential upgrades to a professional account in the future as trading experience and volume increase.

Trading Fees

Product	Spread (pips)	Commission	Notes
Forex (Major Pairs)	Varies	Varies	Competitive spreads for popular currency pairs
CFDs (Stocks, Indices, Commodities)	Varies	Varies	Standard market fees apply
Cryptocurrencies	Varies	Varies	Fees may fluctuate based on market conditions

Other Fees

Traders should consider several other fees associated with ASJ Forex. These may include deposit and withdrawal fees, which are not specified in detail. Inactivity fees could apply to dormant accounts. There may also be platform usage fees, overnight interest (swap rates) for holding positions overnight, and potential currency conversion fees for transactions involving different currencies.

Editorial Verdict

Expert Verdict

R

Research Desk

Senior Broker Analyst

Our review desk considers this broker unsuitable for most traders until transparent licensing, stronger compliance evidence, and clearer client-fund protections are demonstrated.

Funding Desk

Deposit & Withdrawal Methods

No structured payment methods have been configured yet.

Trader Feedback

ASJ Forex User Reviews

3.0

★ ★ ★ ★ ★

4 total reviews

5 star

4%

4 star

4%

3 star

4%

2 star

20%

1 star

60%

John Smith

London, UK

★ ★ ★ ★ ★

I have had a terrible experience with ASJ Forex. My withdrawal request was denied without any explanation, and customer support is unresponsive. I feel scammed and would not recommend this broker to anyone.

Emily Johnson

Manchester, UK

★ ★ ★ ★ ★

I appreciate the low minimum deposit and the MetaTrader 5 platform is quite good for trading. While I faced some initial issues with support, they eventually responded to my inquiries. Overall, I find it a decent broker for forex trading.

Michael Lee

Sydney, Australia

★ ★ ★ ★ ★

The lack of regulation is concerning. I had issues with my withdrawals, and the only way to reach customer support is via email, which is frustrating. I wouldn’t trust this broker with my money.

Sarah Brown

Toronto, Canada

★ ★ ★ ★ ★

I have been trading with ASJ Forex for a few months now, and I’m quite satisfied with the service. The trading platform is user-friendly, and I was able to execute trades quickly. Definitely a good choice for forex trading!

United Kingdom Market