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AsianTrade

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Operating status: SCAM

Website: https://asian-trade.info/

Broker violations and abnormal records
  • 2022-09-14 BrokersView has Reviewed that AsianTrade is an Unregulated Forex Broker

    AsianTrade claims to be a reliable firm while presenting no details about its regulations. Lacking regulatory information may be a distinct characteristic of unlicensed brokers, as legit brokers always present their certificates and licenses in a prominent position. It is a red flag here.

    Besides, AsianTrade shows its company address is in Japan. However, we did not find any match results to AsianTrade in the Japanese regulator Financial Services Agency (Japan FSA). The truth is that AsianTrade is not under valid regulation by any regulators to do forex. Investors' funds in this broker are unsafe and cannot be protected by any law. Therefore, it is a scam.


    AsianTrade claims to be a reliable firm while presenting no details about its regulations. Lacking regulatory information may be a distinct characteristic of unlicensed brokers, as legit brokers always present their certificates and licenses in a prominent position. It is a red flag here.Besides, AsianTrade shows its company address is in Japan. However, we did not find any match results to AsianTrade in the Japanese regulator Financial Services Agency (Japan FSA). The truth is that AsianTrade is not under valid regulation by any regulators to do forex. Investors' funds in this broker are unsafe and cannot be protected by any law. Therefore, it is a scam.

Related Complaints

Q&A

Should I sign up with AsianTrade? They seem a nice broker to me.

Md Abul Kasem
Cuba
2022-09-27
ANSWER AsianTrade is not a licensed or regulated broker even though it states offers that look good to be true. AsianTrade claims to be a reliable firm while presenting no details about its regulations. Lacking regulatory information may be a distinct characteristic of unlicensed brokers, as legit brokers always present their certificates and licenses in a prominent position. It is a red flag here.Besides, AsianTrade shows its company address is in Japan. However, we did not find any match results to AsianTrade in the Japanese regulator Financial Services Agency (Japan FSA).The truth is, AsianTrade is not overseen by any regulators. That means your personal data or your funds in this broker are unsafe and cannot be protected by any law. We would recommend traders stay away from unregulated brokers like AsianTrade and trade with licensed brokers.
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