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Global Broker Regulation & Inquiry App
No Regulation
Score
0123456789
.
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0123456789
/10
ASKoBID
United States|2-5 years| Suspicious Scope of Business|High potential risk|
https://www.askobid.fm/
Website
Rating Index
Contact
+442037698284
support@askobid.fm
https://www.askobid.fm/
Licenses
No valid regulatory information, please be aware of the risk!
VPS Standard
No restriction on the broker account. Support service provided by WikiFX
Single Core
1G
40G
Open Now
Disclosure
Danger
CH FINMA
2020-09-04
Warning List - AskoBID 
ASKoBID
Contact number
English
+442037698284
Other ways of contact
Broker Information
More
Company Name
Solt Corp.Ltd
Abbreviation
ASKoBID
Platform registered country and region
United States
Company website
Pyramid scheme complaint
Expose
Check whenever you want
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Warning: Low score, please stay away!
2
Previous Detection :
2024-07-27
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
- The current information shows that this broker does not have a trading software. Please be aware!
WikiFX Verification
| Benchmark | -- |
|---|---|
| Maximum Leverage | 1:500 (Fixed) |
| Minimum Deposit | -- |
| Minimum Spread | -- |
| Products | -- |
| Currency | -- |
|---|---|
| Minimum Position | -- |
| Supported EA | |
| Depositing Method | -- |
| Withdrawal Method | -- |
| Commission | -- |
| Benchmark | -- |
|---|---|
| Maximum Leverage | 1:500 (Fixed) |
| Minimum Deposit | EUR75000 |
| Minimum Spread | -- |
| Products | -- |
| Currency | -- |
|---|---|
| Minimum Position | -- |
| Supported EA | |
| Depositing Method | -- |
| Withdrawal Method | -- |
| Commission | -- |
| Benchmark | -- |
|---|---|
| Maximum Leverage | 1:500 |
| Minimum Deposit | EUR25000 |
| Minimum Spread | -- |
| Products | -- |
| Currency | -- |
|---|---|
| Minimum Position | -- |
| Supported EA | |
| Depositing Method | -- |
| Withdrawal Method | -- |
| Commission | -- |
| Benchmark | -- |
|---|---|
| Maximum Leverage | 1:500 |
| Minimum Deposit | EUR5000 |
| Minimum Spread | -- |
| Products | -- |
| Currency | -- |
|---|---|
| Minimum Position | -- |
| Supported EA | |
| Depositing Method | -- |
| Withdrawal Method | -- |
| Commission | -- |
Platform Capital Ratio
--% 
-- --
100%--% 100%
- Fundamental Item(A)
- Total Supplementary Items(B)
- Debt Amount(C)
- Non-Fixed Capital(A)+(B)-(C)=(D)
- Relative amount of risk(E)
- Market Risk
- Transaction Risk
- Underlying Risk
Capital
$(USD)
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ASKoBID · Company Summary
BASIC INFORMATION
AskoBID offers a proprietary trading platform, providing access to popular instruments such as currency pairs, crude oil and Bitcoin. AskoBID is an unregulated broker established in 2009. The company offers an all-inclusive trading service across 4 accounts to suit different experience levels. A range of resources are available, including market analysis and webinars.
REGULATORY INFROMATION: LICENSE
No valid regulatory information
Please be aware of the risk!
MARKETS
Traders can access 24 currency pairs such as EUR/USD and GBP/USD, as well as 9 stocks, including Google and Coca-Cola. There are also 4 indices available (S&P 500, NASDAQ, Dow Jones, and DAX), 9 crypto pairs, including Bitcoin and Litecoin, plus commodities.
FEES
The broker offers floating spreads across all asset classes. Unfortunately, this review was disappointed to see average spreads arent made available, which does point to a lack of transparency.
There are some additional charges, including a 10% inactivity fee based on available account balance following 90 days of no use. There are also overnight financing fees on positions rolled over into the next day
LEVERAGE
Leverage is available up to a maximum of 1:500. New traders should thoroughly research the risks involved when trading on leverage.
ACCOUNT TYPES
There are four account types on offer at AskoBID: Basic, Professional, Gold, and VIP.
The minimum initial deposit is €250. All accounts offer leverage up to 1:500 (which is fixed for the Gold and VIP accounts). Spreads are also fixed in the Gold and VIP accounts. As you move from Basic to VIP, clients benefit from account managers, special events, signals, and webinars
PAYMENT METHODS
AskoBID offers four main funding methods: credit and debit cards, AlphaExchange e-wallet, international bank transfer, and local bank transfer. Funding is only available in Euro.
Deposit processing times are instant for cards and e-wallets and up to 5 working days for international bank transfer. It can take up to 7 business days for withdrawn funds to appear in your account. As indicated in the brokers refund policy, clients are subject to a 4% withdrawal fee
TRADING PLATFORMS
AskoBID does not offer a demo or trial account at this time. This is disappointing as most brokers offer this for beginners who want to try out the platform, or for experienced traders who want to improve their trading strategies without risking real cash
TRADING HOURS
Forex is a 24-hour market; however, platform trading sessions vary from broker to broker. Trading sessions at AskoBID can be found by hovering over the instrument symbol within the platform
CUSTOMER SUPPORT
You can contact customer service by filling in the online contact form, emailing support@askobid.fm, or by calling one of the international contact numbers on the website. Theres also responsive live chat support, plus Telegram.
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