Assets FX review: Regulations, Platforms, Trading Instruments and Broker Ratings.
What is AssetsFX (AssetsFX.org)?
AssetsFX.org (formerly assetsfx.com) is a forex broker with Metatrader 4 (MT4) as their trading platform in PC, Web and Mobile version.
AssetsFX offers over 30 forex currency pairs, cfds, gold, silver and oil for your personal investment and trading options.
Please read AssetsFX Reviews below and share your live trading experiences with this broker.
WARNING: August-October 2013: Multiple highly suspicious and obviously fake positive reviews submitted.
The FPA advises a very high level of caution dealing with this AssetsFx.
group. Known members of this group include BPPrime.com.
|Minimum Trade Size:||0.01|
|Minimum to Open Live:||$50|
|Address:||Ajaltake Rd., Ajaltake Island, Majuro Island, MH 96960, Marshall Islands|
|Web Trading:||✅ Yes|
|Mobile Trading:||✅ Yes|
|CFD:||(10+) Gold, Silver, Oil, Other Commodities|
|Deposit Methods:||Bitcoin, Ether/Ethereum, Other Crypto Currencies, PerfectMoney, Ripple (XRP), Tether (USDT)|
|Withdrawal Methods:||Bitcoin, Ether/Ethereum, Other Crypto Currencies, PerfectMoney, Ripple (XRP), Tether (USDT)|
Recent User Reviews of Assets FX
Review Moderation Team Note: 5 star rating removed.
This review came from the same location as the review from "Tero Sahrakorpi, Espoo, Finland" who appears to be an AssetsFx employee.
Per FPA policy, the rating on this review has been set to Zero stars.
The FPA does not appreciate review spammers.
Close my account Kept my money
Waiting for a month for my withdrawal.
Unfortunately there will be some additional delay with this due to
certain operational issues."
Since then there is no reply.
This brokers works
All in all it's been a worse experience over the past year and a half for me. Terrible spreads and execution coupled with terrible customer service that is slow to respond and doesn't address concerns. There are so many good brokers that have opened up recently, no need to screw around with these guys. A good rule of thumb i've noticed, if the broker accepts deposits less than $500, be careful.
2015-03-05 4 Stars So far so good with this broker. They have decent spreads (not the greatest during news though). Slippage is really low also. Never really had an issue with execution.
A note on the spreads, during some recently news (a medium impact event on FF) the spreads opened up to about 30 pips on the AUDUSD. I had my SL at BE and was "stopped" out nowhere near the actual price. I e-mail AssetsFX right away saying that isn't acceptable and they honored my TP level! I have never seen a broker do this. I haven't withdrawn yet so I can't speak on that.
They seem to an honest broker with a genuine care for clients. The reason for 4 stars is because I haven't withdrawn yet which is one of the most important aspects.
(Like almost any broker, you're stupid to try and scalp non farm payroll, or be stuck in a trade when that happens, obviously spreads widen...)
Spreads with Assetsfx are really good!
Like someone mentioned, their software is a whitelabel for an institutional firm in Ireland.. I won't be trusting them with all my money but definitely allocate a portion. In a world with 98-99% greedy steal-all-your-money, f-u-over-any-way-they-can brokers, these are one of the good guys. ;)
Their spread jumps to 30 pips on a dime, if price moves 20 in one bar on the 1 min chart, the spread will go from it's average 15 pips to a dashing 30 and stay there for a while.
As an ECN that charges commission, these spreads are ridiculous. Am going to try them out during high liquidity but I would never ever use them after London closes.
The problem I'm having with opening an account with AssetsFX is for one The Client Login page isn't completely secure according to my FireFox browser 36.0.4 and The Deposit Funds page shows no security at all !!!
The Login page wants a password and the Deposit page wants a MT4 login.
Strangely enough when I use Explorer those pages show https (no lock icon anywhere) and Explorer tells you that it is blocking insecure content. But if you start clicking around the other links sometimes once secure pages don't show https again!
I'm not sure what to make of this but needless to say its concerning!
The other problem I'm having with opening an account is that they don't have 24/5 live support! Is that crazy or what!?
Other then that the Demo is working fine and if not for the page security and lack of 24/5 support I might have opened an account with them already, but at this point unless I can get some reassuring answers from someone in regards to security I won't be opening an account with them.