Ascend Angels Pte Ltd Review 2024: Is it a Scam or Legit?

The world of online trading and investment is dynamic, and one major problem is the rise of shady companies posing as reliable brokers. A thorough investigation is necessary on the suspected fraudulent acts that have brought Ascend Angels Pte Ltd to light recently. We aim to provide a fair evaluation with verified facts and data from reliable and trustworthy sources through our thorough Ascend Angels Pte Ltd review.

Ascend Angels Pte Ltd Website – https://www.ascendangels.com/

Website Availability – Yes

Address shown – 20A Tanjong Pagar Road, Singapore 088443

Warned By – Monetary Authority of Singapore (Singapore)

Domain Age of Ascend Angels Pte Ltd

Domain Name: ascendangels.com
Registry Domain ID: 2601776835_DOMAIN_COM-VRSN
Registrar WHOIS Server: whois.godaddy.com
Registrar URL: https://www.godaddy.com
Updated Date: 2023-04-05T08:59:55Z
Creation Date: 2021-03-30T23:26:58Z
Registrar Registration Expiration Date: 2025-03-30T23:26:58Z

Ascend Angels Pte Ltd Review: A warning concerning Ascend Angels Pte Ltd issued by the MAS 

Ascend Angels Pte Ltd has received a warning from the Monetary Authority of Singapore (MAS). The warning indicates that Ascend Angels Pte Ltd may be operating without the necessary authorization or regulatory oversight from MAS. This lack of regulation raises concerns about the legitimacy and reliability of Ascend Angels Pte Ltd’s services. Investors are urged to exercise caution when dealing with Ascend Angels Pte Ltd and to verify the credentials and regulatory status of any financial service provider before engaging with them. Compliance with regulatory requirements helps ensure the safety and protection of investors in the financial markets.

According to Report Scam, Ascend Angels Pte Ltd is an unlicensed broker

Ascend Angels Pte Ltd has come under suspicion of being a scam, with concerns raised about its legitimacy. Despite the availability of its website at https://www.ascendangels.com/, caution is warranted due to the potential risks associated with engaging in financial transactions or services with this entity.

The company lists its address as 20A Tanjong Pagar Road, Singapore 088443. However, the warning issued by the Monetary Authority of Singapore (MAS) further underscores the need for vigilance when dealing with Ascend Angels Pte Ltd.

MAS serves as Singapore’s central bank and financial regulatory authority, responsible for ensuring the stability of the country’s financial system and safeguarding the interests of consumers. The issuance of a warning by MAS indicates that Ascend Angels Pte Ltd may be operating without the necessary authorization or may be engaged in activities that pose risks to investors or consumers.

Individuals should exercise caution and conduct thorough due diligence before engaging with any financial entity, especially if there are doubts about its legitimacy or regulatory compliance. Verifying the authorization status of companies, checking for any regulatory warnings or alerts, and seeking advice from trusted financial professionals can help mitigate the risk of falling victim to scams or fraudulent schemes.

In conclusion, while Ascend Angels Pte Ltd maintains a website and appears to have a physical address, potential investors or consumers should heed the warning issued by MAS and proceed with caution when considering any financial transactions or services with this entity.

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Ascend Angels Pte Ltd Review: Ascend Angels Pte Ltd Scam Conclusion

As the Ascend Angels Pte Ltd Review indicates, there are solid indications that Ascend Angels Pte Ltd may be a scam, and these worries are tough to dismiss given the characteristics and facts that are often associated with fraudulent organizations. Traders and investors should exercise great caution when selecting a broker, choosing a reputable, licensed, and regulated organization. Ensuring the legitimacy of a broker, seeking objective assessments, and conducting thorough research are all essential measures in preventing fraud and monetary losses.

Also, to prevent yourself from scams like – Forex scams, Binary scams, Romance/Dating scams, Cryptocurrency scams, or any other scams, you should pick a broker or company regulated by some major regulators like FCA, FINMA, SEC, FMA, ASIC, etc. Check the reviews of brokers and also read the policies and terms and conditions.

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To read more about Scam Brokers and their Reviews, Visit Scam Brokers 2024 Page. Also Read Cryptocurrency trading scams, Forex trading scams, Romance or Dating Scams, or other online scams.

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