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Operating status: SCAM
Website: https://www.asjfx.co/
ASJ Forex, owned and operated by ASJ FOREX GLOBAL LIMITED, claims to be a Hong Kong-based company authorized and regulated by the US FinCEN (license No.: 31000204646180) and finrac (license No.: m21266580). However, despite its claims, this broker doesn't fall under valid regulation for the following reasons.
1) Both FinCEN and finrac don't regulate forex markets nor do they issue licenses for brokers engaging in such activities. So please beware of brokers claiming their regulation by FinCEN and finrac, since they are actually unlicensed.
2) Besides, the US regulatory framework is deemed as one of the world's strictest. A licensed broker in this jurisdiction should obtain licenses issued by the US NFA or CFTC. However, we didn't find any result matching this broker on NFA and CFTC.
3) Moreover, we didn't find any information of its regulation in the register of HK SFC (Securities and Futures Commission; financial regulator of Hong Kong, China).
All evidence clearly states that ASJ Forex is not overseen by any regulator. That means investors' funds in this broker are unsafe and cannot be protected by any law. Therefore, it is a scam.
BrokersView found the domain "https://www.asjfx.co/" is not working, as most probably it was suspended and it is always a bad sign when broker's website is suspended.
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