ASCFM.com Review

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Out of business
Updated: Jun 8, 2022
ASCFM is a forex broker. Alfa Success Corp Financial Management offers the MT4 and MT Mobile forex trading top platform. ASCFM.com offers over 15 forex currency pairs, gold, silver and oil for your personal investment and trading options.
2021-08-24:  ASCFM.com claims to be under US NFA regulation.

The FPA checked NFA Basic and found that NFA ID #0536886 does belong to Alfa Success Corp, which is NOT an NFA member and is NOT subject to NFA oversight. CLICK HERE, select NFA ID, and enter 0536886 to verify.

The website also shows a copyright going back to 2013.  The ASCFM.com domain name was registered on 2020-05-25.

The FPA recommends against placing funds with ASCFM.com until it can show it is under NFA regulation.
Other website of this company include ASCorpFX.com.
Website is down. Company seems to be out of business.

Broker Details

Minimum Trade Size: Unknown
Maximum Leverage: 500:1
Minimum to Open Live: $100
Established: 2020
Address: Road Town, Tortola, British Virgin Islands, United Kingdom
Contact: support@ascfm.com
Regional offices:
Regulators:
Prohibited countries: Unknown
Trading platforms: MT4
Web Trading: ✅ Yes
Mobile Trading: ✅ Yes
ECN: ✅ Yes

Trading Instruments

Currencies: (15+)
Cryptocurrencies:
CFD: (3) Gold, Silver, Oil

Trading Conditions

EAs/Robots: ✅ Yes

Managed Accounts & Social Trading

Copy Trading: ✅ Yes
Deposit Methods: Bank Wire (BankTransfer/SWIFT), Ether/Ethereum, Tether (USDT)
Withdrawal Methods: Bank Wire (BankTransfer/SWIFT), Ether/Ethereum, Tether (USDT)
* Please check broker website for more information
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Recent User Reviews of ASCFM.com

B
BROKERSPAM
Jakarta, Indonesia,
Oct 19, 2021,
Registered user

Who is the real ASCFM.COM Owner?

Service use: Other Length of use: 0-3 Months
There are many irregularities in the ASCFM.COM broker, such as:

1.They said, "the broker is registered with the NFA but not yet a member",
but on the official NFA website ... it is stated that ASCFM is not a NFA member.


2. They said ... there is a relationship with alpha capital ( alfagroup.org ) , but it has not been recognized.

I have emailed directly to pr@alfacapital.ru with Miss Irina Balalueva.
And She replied with the answer = " This company is not a part of Alfa Capital Management Company LLC. WE have NO relationshipshop with the specified company "
This means ... ASCFM.com actually has no cooperation and relationship at all with ALFA CAPITAL (a subsidiary of Alfa group from Russia)


3. ascfm.com and ascorpfx.com use the same target ( check their DNS )
Jerry.ns.cloudflare.com & tori.ns.cloudflare.com

And that finally connected a relationship, with someone named Hendi Yanto (admin of Ascorpfx.com) and also using the company name ALFA SUCCESS CORP.


4. Hendi Yanto buy company ALFA SUCCESS CORP LTD. at uk.
https://find-and-update.company-information.service.gov.uk/company/12975041

But strangely they denied, and stated that Mr. Simon Yang was the owner of ALFA SUCCESS CORP, without providing evidence that the company was from which country it was.

5. Why are buying companies in the UK, registering brokerage websites and trading companies in Indonesia, all established in 2020 or still less than 2 years old?
is this a coincidence?


6. they also use hosting from Indonesia
mx1.hostinger.co.id
mx2.hostinger.co.id

So what is the relationship between Hendi Yanto, the owner of Alfa Success Corp. ltd, with the ASCFM.com broker and trading company in Indonesia, which represents the broker?


# I strongly suspect that there is a premeditated fraud behind all of this.
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