Asia Future Trading
Basic Information
Pros and Cons
Pros
- Diverse range of trading instruments
- Fast withdrawal speeds
- Responsive customer service
- Leverage up to 2000x
- Spreads starting from 0.1 pips
Cons
- No valid forex trading license
- Lack of regulatory oversight
- Mixed user feedback on withdrawals
- Limited information on account types
- Concerns about transparency
Is Asia Future Trading Safe and Legit?
Asia Future Trading Corporation Limited, registered in Saint Vincent and the Grenadines, has been operational for approximately 1-2 years. The broker offers a diverse range of trading instruments, including forex, commodities, indices, and cryptocurrencies, with leverage up to 2000x and spreads starting from 0.1 pips, utilizing the MetaTrader 5 platform for trading activities.
Currently, Asia Future Trading does not hold a valid forex trading license, raising concerns about its regulatory status and safety. The absence of oversight from recognized regulatory bodies suggests that it may not be considered safe and legal for trading purposes.
In terms of reputation, Asia Future Trading has received mixed feedback from users. While many users commend the broker for fast withdrawals and responsive customer service, there are concerns regarding the lack of transparency and limited information on account types. Overall, users highlight a generally positive trading experience, though some point out potential delays in withdrawals and a need for clearer communication from the broker.
Is Asia Future Trading a Regulated Broker?
What Are the Regulatory Licenses Held by Asia Future Trading?
Asia Future Trading Corporation Limited does not hold any valid forex trading licenses, which raises concerns about its regulatory status and safety. The broker’s operations are based in Saint Vincent and the Grenadines, and it lacks oversight from recognized regulatory bodies. Consequently, it may not be considered safe and legal for trading purposes. Users should exercise caution when engaging with this broker due to the absence of regulatory protection.
Client Fund Segregation: Your Ultimate Safeguard
Capital Protection Measures
Asia Future Trading Corporation Limited does not hold client funds in independently regulated bank accounts, and as such, there are no specified regulations regarding fund segregation. The broker does not participate in any investor compensation funds or insurance schemes, which raises concerns about the protection of client funds. Users should remain cautious when trading with this broker due to the lack of regulatory safeguards.
Asia Future Trading Leverage
The maximum leverage offered by Asia Future Trading is up to 2000x across its trading products. However, as the broker does not hold any valid forex trading licenses, it is unclear whether this leverage complies with local regulatory requirements. Clients need to be aware of their classification as retail or professional traders when considering leverage usage.
Asia Future Trading Withdrawal Review
How to Contact Asia Future Trading?
Does Asia Future Trading Have Withdrawal Issues?
Users have reported mixed experiences regarding withdrawals from Asia Future Trading. While some customers praise the broker for fast withdrawal speeds, noting funds arriving within hours, others have expressed concerns about potential delays and the need for reviews during the process. Complaints primarily focus on communication and transparency, with no significant public complaints or regulatory penalties noted. The overall sentiment leans toward a generally positive trading experience, but caution is advised due to the broker’s lack of valid regulatory oversight, raising potential safety concerns.
Frequently Asked Questions
A1: Asia Future Trading Corporation Limited is operational but does not hold a valid forex trading license. This raises concerns about its regulatory status and safety, which potential traders should consider before engaging with the broker.
A2: Asia Future Trading does not possess any valid forex trading licenses and operates from Saint Vincent and the Grenadines without oversight from recognized regulatory bodies, which may pose risks for traders.
A3: Asia Future Trading does not hold client funds in independently regulated bank accounts and lacks specified regulations regarding fund segregation. Additionally, the broker does not participate in any investor compensation funds or insurance schemes, raising concerns about client fund protection.
A4: User experiences with withdrawals from Asia Future Trading have been mixed. While some commend the broker for fast withdrawal speeds, others have reported delays and issues with communication during the process, indicating that caution is advised.
A5: Asia Future Trading can be contacted via their customer service email at global@afttmarkets.com or by phone at +610420471933. Their official website also provides additional resources for client inquiries.
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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.