Sort by content
- Sort by content
- Sort by time
Write a review
No valid regulatory information, please be aware of the risk!
Pyramid scheme complaint
I entered this exchange and deposited 500 USD and now I can't withdraw the money
ASCUEX brokers specialize in defrauding customers into playing to appropriate assets when they deposit and cannot withdraw. They allow small amounts of money to be deposited and withdrawn to entice customers to put more money in and can't withdraw. I can't contact them when I have a problem. I hope the police will come in and bust these scammers. My money now can't be withdrawn when I win $27,000. They specialize in pretending to specialize in foreign names like Louis, Liam, and Peter Pham. All stand-class Zoom to entice customers and new investors. And teammates in the group to show off their achievements. to seduce.
|Registered Country||Saint Lucia|
|Minimum Deposit||$0 (Zero Account), $5,000 (Premium Account)|
|Maximum Leverage||Up to 1:1000|
|Spreads||Vary by account type: 0.0 pips to 1.2 pips|
|Trading Platforms||MetaTrader 5 (MT5)|
|Tradable Assets||Forex, stocks, indices, commodities, cryptocurrencies|
|Account Types||Zero, Standard, Premium, FIXED, Crypto|
|Customer Support||Available via Messenger, phone, email, and live chat|
|Payment Methods||Visa, Mastercard, Neteller, Skrill, Cryptocurrencies|
|Educational Tools||Limited educational resources|
Ascuex, headquartered in Saint Lucia, operates as an unregulated broker, offering a variety of account types with minimum deposits ranging from $0 (Zero Account) to $5,000 (Premium Account). Traders can access high leverage of up to 1:1000, and spreads vary based on the chosen account type, spanning from 0.0 pips to 1.2 pips. The broker's trading platform of choice is MetaTrader 5 (MT5), facilitating the trade of Forex, stocks, indices, commodities, and cryptocurrencies. Ascuex provides customer support through Messenger, phone, email, and live chat. Payment methods include Visa, Mastercard, Neteller, Skrill, and cryptocurrencies, offering flexibility for funding and withdrawals. However, it's important to note that Ascuex's educational resources are somewhat limited, which may impact traders seeking comprehensive learning materials. Traders should carefully evaluate the available information and consider their preferences and risk tolerance when choosing Ascuex as their trading platform.
Ascuex is an unregulated broker, which means it operates without oversight or approval from financial regulatory authorities. This lack of regulation can pose significant risks to investors, as there are no safeguards in place to protect their interests or ensure fair trading practices. Investors should exercise extreme caution when considering doing business with unregulated brokers like Ascuex, as they may be more susceptible to fraudulent activities, mismanagement of funds, and lack of accountability. It is advisable to seek out reputable and regulated brokerage firms to ensure a safer and more secure investment experience.
Ascuex offers a range of advantages such as a wide variety of market instruments, high leverage options, and a versatile trading platform. However, being an unregulated broker may pose risks, and the absence of comprehensive educational resources could impact traders seeking to enhance their skills.
Ascuex offers a range of advantages to traders, including a diverse selection of market instruments, high leverage options, and a user-friendly trading platform. However, it's important to consider the lack of regulation, which may pose risks associated with unregulated brokers. Additionally, the absence of comprehensive educational resources could impact traders looking to enhance their skills and knowledge in the financial markets. Traders should weigh these pros and cons carefully when considering Ascuex as their trading platform of choice.
Ascuex offers a wide range of market instruments across various asset classes. Here's a breakdown of the market instruments available:
Forex (Foreign Exchange): Over 70 global currency pairs. Forex trading allows you to speculate on the exchange rate between different currencies, such as EUR/USD, GBP/JPY, or USD/JPY.
Stocks: Access to publicly traded companies from around the world. Stock trading enables you to buy and sell shares in companies like Apple, Amazon, or Google.
Indices: Major global indices. Trading indices involves speculating on the overall performance of stock markets in different regions, such as the S&P 500, FTSE 100, or Nikkei 225.
Commodities: Trade metals, energies, and soft commodities. Commodities include assets like gold, silver, oil, natural gas, coffee, and wheat. You can speculate on their price movements.
Cryptocurrencies: Trade Cryptocurrencies CFDs. Cryptocurrency trading allows you to trade contracts for difference (CFDs) on cryptocurrencies like Bitcoin, Ethereum, Ripple, and many others without owning the underlying assets.
These diverse market instruments provide traders with a range of options for diversifying their portfolios and capitalizing on various market opportunities, including forex pairs, stocks, indices, commodities, and cryptocurrencies. It's important for traders to conduct thorough research and risk assessment before engaging in any trading activities to make informed investment decisions.
ASCUEX provides a diverse range of trading account types to cater to the varying needs and preferences of traders. These accounts are structured to accommodate different trading strategies and financial capabilities.
The Zero Account is an excellent choice for traders who prefer razor-thin spreads, as it offers an average spread of 0.0 pips. However, in exchange for these tight spreads, traders are required to pay a commission fee of $10 per trade. The flexibility of this account is highlighted by its absence of a minimum deposit requirement, making it accessible to traders with limited initial capital.
The Standard Account, on the other hand, offers a more conventional fee structure with an average spread of 1.0 pips. What sets it apart is the absence of commission fees. This makes it a straightforward option for traders looking for competitive spreads and traditional trading conditions. As with the Zero Account, there is no specified minimum deposit.
For traders seeking even tighter spreads without commission charges, the Premium Account is an appealing choice. It offers an average spread of 0.4 pips, making it suitable for experienced traders who value low-cost trading. However, access to the Premium Account requires a minimum deposit of $5,000, tailored to those with larger trading capital.
The FIXED Account offers a fixed average spread of 1.2 pips with no commission fees, ensuring consistency in trading costs. This account shares the advantage of having no minimum deposit requirement, making it accessible to traders of different levels.
Additionally, the Crypto Account is designed for those interested in trading cryptocurrencies. It offers raw spreads, which can vary depending on market conditions. There are no commission fees associated with this account, and it provides leverage of up to 1:1000. Like other accounts, there is no minimum deposit requirement, allowing traders flexibility in their cryptocurrency trading endeavors.
In summary, ASCUEX's account options empower traders to select an account type that aligns with their specific trading goals and financial resources. Whether traders prioritize tight spreads with commissions, competitive spreads with no commissions, premium trading conditions, fixed spreads, or cryptocurrency trading, ASCUEX offers diverse choices to cater to individual preferences. Making an informed decision based on trading objectives and risk tolerance is crucial when selecting the most suitable account type.
ASCUEX offers a maximum trading leverage of up to 1:1000. Leverage in trading allows traders to control larger positions in the market with a relatively small amount of capital. In this case, a leverage of 1:1000 means that for every $1,000 in your trading account, you can potentially control a position size of up to $1,000,000 in the market.
While high leverage can magnify potential profits, it also significantly increases the level of risk. Traders should exercise caution when using high leverage, as it can lead to substantial losses if the market moves against their positions. It's crucial to have a solid risk management strategy in place, including setting stop-loss orders and managing position sizes, especially when trading with such high leverage.
Traders should also be aware that not all trades need to use the maximum available leverage. Responsible and informed use of leverage is essential to ensure that trading remains within one's risk tolerance and financial capabilities.
ASCUEX offers a range of spreads tailored to different trading accounts. The “Zero Account” features exceptionally tight spreads with an average spread of 0.0 pips, ensuring that traders can execute their trades with minimal spread-related costs. The “Standard Account” offers a competitive average spread of 1.0 pips, which is still cost-effective and can vary based on market conditions. The “Premium Account” takes spreads to the next level with an even tighter average spread of 0.4 pips, providing precision for traders looking for the most competitive pricing. On the other hand, the “FIXED Account” offers a fixed average spread of 1.2 pips, ensuring predictability in trading costs. The “Crypto Account” offers raw spreads for cryptocurrency trading, with the spread value varying according to market conditions. These varying spreads across account types allow traders to choose the most suitable option based on their preferences and trading styles.
Commissions on ASCUEX accounts also vary depending on the chosen account type. The “Zero Account” levies a commission fee of $10 per trade, compensating for the tight spreads offered in this account. In contrast, the “Standard Account” does not charge any commission fees, providing a straightforward fee structure with costs primarily associated with spreads. The “Premium Account” follows the same commission-free structure as the Standard Account, allowing traders to benefit from tighter spreads without additional commission costs. The “FIXED Account” also operates on a no-commission model, ensuring that traders can predict their trading costs effectively. Finally, the “Crypto Account” does not impose commission fees, enabling transparent pricing for cryptocurrency trading, with costs mainly determined by the spread. Traders can select the account type that aligns with their cost preferences and trading goals, whether they prioritize tight spreads with commissions or opt for cost-effective spreads with no commissions.
ASCUEX provides a variety of payment methods for both depositing funds into your trading account and withdrawing your profits. Here's a description of these methods:
Visa and Mastercard:
Deposit: Traders can fund their trading accounts using Visa and Mastercard debit or credit cards. To make a deposit, traders typically need to enter their card information, including the card number, expiration date, and CVV code. Transactions are usually processed quickly, allowing traders to start trading almost instantly.
Withdraw: Withdrawals to Visa and Mastercard are also possible. The withdrawal process typically involves selecting the card you want to withdraw to and specifying the withdrawal amount. Processing times may vary, and the withdrawal is often returned to the same card used for the deposit.
Neteller and Skrill:
Deposit: Both Neteller and Skrill are popular e-wallet payment methods. Traders can deposit funds by logging into their Neteller or Skrill accounts and authorizing the transaction. These e-wallets offer a convenient and secure way to fund trading accounts.
Withdraw: Withdrawals can be made to Neteller and Skrill accounts as well. Traders need to provide their e-wallet account details and specify the withdrawal amount. The processing times for these methods are usually swift, and funds are transferred to the respective e-wallet.
Deposit: ASCUEX also accepts cryptocurrency deposits, providing a convenient way for traders to fund their accounts using various cryptocurrencies like Bitcoin, Ethereum, and others. To make a crypto deposit, traders typically need to send the specified amount to the provided wallet address.
Withdraw: For crypto withdrawals, traders need to specify the cryptocurrency they wish to withdraw, the withdrawal amount, and their cryptocurrency wallet address. The processing times for crypto withdrawals may vary depending on blockchain confirmations.
It's essential to note that deposit and withdrawal methods may be subject to certain fees and processing times, which can vary based on the payment method and your location. Traders should review ASCUEX's specific deposit and withdrawal policies, including any associated fees and minimum/maximum transaction limits, to ensure a smooth and cost-effective financial experience.
Ascuex offers its users the MetaTrader 5 (MT5) trading platform, a versatile and powerful tool for navigating global markets and achieving trading goals. With a broad spectrum of financial instruments, generous leverage options, and a user-friendly interface, MT5 empowers traders to explore market opportunities with confidence. This platform provides a comprehensive array of advanced analysis tools, indicators, and chart types, alongside an integrated Economic Calendar to keep traders updated on significant economic events. Whether you prefer to trade from your PC, Mac, mobile device, or tablet, MT5 offers the flexibility to trade wherever you are. With features like multiple pending order types, multi-asset trading, one-click trading, extensive technical analysis tools, and clear segregation of orders, positions, and transactions, MT5 streamlines the trading experience for traders of all levels. This versatile platform accommodates various asset classes, including Forex, CFDs, stocks, indices, commodities, and cryptocurrencies, making it a robust choice for traders seeking precision and convenience. Moreover, MT5 is available for both desktop and web trading, allowing traders to access their accounts and execute trades seamlessly from any location with an internet connection, ensuring that they have a reliable and adaptable trading solution at their disposal.
Ascuex prioritizes exceptional customer support to assist clients effectively with their inquiries and concerns. The professional support team is easily accessible through Messenger or phone, ensuring that clients receive timely assistance whenever they require it. Additionally, clients can reach out via email or utilize the convenient live-chat option for prompt responses. Ascuex's commitment to addressing issues and questions as a matter of priority demonstrates their dedication to providing the best service. The company's physical address in Saint Lucia is also provided for clients seeking a more direct form of communication. Moreover, clients can connect with Ascuex on various social media platforms for updates and engagement. Ascuex's multi-faceted customer support approach aims to enhance the overall client experience and ensure their needs are met efficiently.
It appears that Ascuex may not provide a comprehensive set of educational resources for its clients. Educational resources typically include tutorials, webinars, articles, videos, or other materials designed to help traders enhance their knowledge and skills in the financial markets. While this absence of educational resources does not necessarily diminish the trading services offered, it may be a factor for individuals who value access to educational content to improve their trading abilities. Clients interested in learning more about trading strategies, market analysis, and related topics may need to explore external educational sources or rely on their own research when trading with Ascuex.
Ascuex, an unregulated broker, offers a wide range of market instruments, including Forex, stocks, indices, commodities, and cryptocurrencies, providing traders with diverse options. They provide multiple account types, each tailored to different trading preferences and financial capabilities, featuring varying spreads and commissions. The broker offers high leverage up to 1:1000, allowing traders to control larger positions with a relatively small capital. Deposit and withdrawal options include Visa, Mastercard, Neteller, Skrill, and cryptocurrencies, providing flexibility for clients. Ascuex utilizes the MetaTrader 5 (MT5) trading platform, a powerful tool with a broad range of features for traders. Their customer support is accessible through various channels, including live chat, email, and phone, and they prioritize addressing client inquiries and concerns efficiently. However, it's worth noting that Ascuex appears to have limited educational resources, potentially requiring traders to seek external learning materials. Traders should exercise caution due to the lack of regulation, understanding the associated risks.
Q1: Is Ascuex a regulated broker？
A1: No, Ascuex is an unregulated broker, which means it operates without oversight or approval from financial regulatory authorities.
Q2: What is the maximum leverage offered by Ascuex？
A2: Ascuex offers a maximum trading leverage of up to 1:1000, allowing traders to control larger positions with a relatively small amount of capital.
Q3: What market instruments are available for trading on Ascuex？
A3: Ascuex offers a diverse range of market instruments, including Forex, stocks, indices, commodities, and cryptocurrencies, providing traders with multiple options to diversify their portfolios.
Q4: How can I contact Ascuex's customer support？
A4: Ascuex's professional support team is accessible via Messenger, phone, email, and live chat, ensuring that clients receive assistance whenever needed.
Q5: Does Ascuex provide educational resources for traders？
A5: Ascuex appears to have limited educational resources. They may not offer comprehensive tutorials or materials to help traders enhance their knowledge and skills in the financial markets.
Sort by content
Write a review