AssetsFX Broker Review – Is AssetsFX a Safe or Scam?
The broker AssetsFX is one of those platforms that should make your mind think twice before investing in it. It has a very bad reputation as a consequence of its questionable activities which include financial misconduct and withdrawal problems. This review of AssetsFX Broker will reveal the reasons behind labeling this broker a potential scam, as well as the necessity of regulatory supervision in the financial field.
In a thorough report, we discovered very serious concerns with AssetsFX Broker, so let’s look into the details.
Why Has AssetsFX Broker Been Blacklisted?
What is AssetsFX?
AssetsFX is an online brokerage firm based in Mauritius that focuses on forex and CFD trading. The platform allows trading in a diversified range of instruments, such as forex pairs, commodities, indices, cryptocurrencies, and stocks. Its different types of accounts allow it to cater to different types of traders, ranging from the CENT account ($1 minimum deposit) to the ZERO ECN account ($5,000 minimum deposit). AssetsFX states that it offers leverage up to 1:500 and spreads from 0.0 pips for its ECN accounts.
Website – https://assetsfx.com/
Address – Level 6 Ken Lee Building, 20 Edith Cavell Street, Port Louis, Mauritius
Regulatory Warning – Central Bank of Russia (CBR)
Domain Blacklisted Status – It seems there is no direct mention of this domain being on a blacklist
Regulatory Concerns and Red Flags
The most significant concern for AssetsFX is that it does not have the proper regulation from any financial authority. AssetsFX claims to be governed by Assets Global Ltd., which is allegedly registered to do business in Mauritius and is a member of the Financial Commission. However, there appears to be no trace of the company’s existence and registration in either the Mauritius Financial Services Commission (FSC) or the Financial Commission’s official registers.
Besides, on August 7, 2024, the Central Bank of Russia (CBR) blacklisted AssetsFX because of its involvement in illegal financial activities. An advisory of such nature would denote, if true, that the broker is probably non-compliant with the financial regulations and that, thus, it may act as a serious threat to traders.
Negative Customer Reviews
Many traders reported bad experiences with AssetsFX. The following are a few of the most disturbing complaints:
- Persistent pressure – Traders reported calls unsolicited from reps convincing them to deposit money.
- Privacy concerns – Customers questioned the way the broker got personal contact details about them.
- Account bans and hold of funds – Many traders reported that their accounts were suddenly closed, and deposits made along with profits were never refunded.
Should You Trust AssetsFX?
The lack of proper licensing also makes this a high-risk choice for traders. Thus, given the regulatory issues, warnings from financial authorities, and negative feedback from the clientele, it is fair to conclude that AssetsFX is an unreliable broker.
Common Financial Scams in 2025
Scam brokers continue to evolve, using various tactics to deceive traders:
1. Forex Trading Scams
Forex trading scams involve fake brokers, Ponzi schemes, and misleading offers of trading signals to lure investors into their traps.
2. Dating/Romance Scams
Romance scams involve fraudsters establishing fictional relationships on the internet to win the trust and money of the people. They frequently request monetary assistance or investment in fraudulent projects.
3. Fund Recovery Scams
Fund recovery scams target victims of previous frauds, falsely promising to recover lost money for a fee. Scammers disappear after collecting payments, leaving victims at a double loss.
4. Clone Brokers
These are scam platforms that imitate legitimate brokers to steal investor funds, often blocking withdrawals.
5. Offshore Unregulated Brokers
They generally operate without oversight, making withdrawals difficult and offering no investor protection.
How to Recover Lost Funds from AssetsFX Broker
If AssetsFX Broker denies withdrawals:
- Contact Support – Request a written explanation and save all communication.
- File a Complaint – Report the broker to financial regulators.
- Initiate a Chargeback – If payments were made through the bank or credit card, file a chargeback.
- Report the Scam – Share one’s own experience on a scam-reporting platform to save others.
FAQs About AssetsFX Broker
1. Is AssetsFX Broker a legit trading platform?
No, the site is blacklisted by financial regulators and has many complaints of fraud and withdrawal scandals.
2. Why am I unable to withdraw my money from AssetsFX Broker?
Fraudulent brokers will typically use different means of illegal action to apply the brakes on withdrawal such as overly inflated fees or indefinite delay of requests.
3. Can I get the funds back from AssetsFX Broker?
Though it is difficult to recover the funds, people can try chargebacks, legal complaints, and help from fund recovery services like Report Scams.
4. How can I determine whether a broker is regulated?
Always check the accuracy of the broker’s license through the official website of the financial regulator before investing your money.
About Report Scam – Your Partner in Fund Recovery
If you are a victim of AssetsFX Broker, Report Scam can assist. Report Scam is an expert in helping scam victims of fake brokers, offering them guidance through the process of recovering funds. Our professional team of investigators works on scam cases, offers legal advice, and maximizes the possibility of retrieving lost funds. If you think you have been scammed, take action today and contact us for expert guidance.
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