ASCFM
We checked ASCFM against the AskCheck register. It has been reported (2022) and carries the red flags below. Treat it with extreme caution.
Why it’s flagged
What we found
ASCFM claims to be owned and operated by ALFA SUCCESS CORP, a liability company located in the British Virgin Islands and regulated and authorised by the US National Futures Association (NFA) with a registration number 0536886. We indeed found a matching result in NFA's registry, however, ASCFM is not overseen by the regulator as it is not an approved member of the regulator. That means, this broker is merely a registered firm rather than a regulated one and is not allowed to provide related financial services to residents in the US. Besides, considering its location, we also checked the Financial Services Commission of British Virgin Islands (BVI FSC) and found no regulatory information about this broker. So ASCFM is actually not regulated by any financial regulator. That means investors' funds in this broker is unsafe and cannot be protected by any laws. Therefore, it is a scam broker.
Assessment source: FastBull BrokersView.
What to do next
- Stop sending money. Don’t make another deposit, pay a “tax” or “release fee”, or share remote-access to your device.
- Gather your evidence. Save statements, chat logs, transaction IDs and the wallet addresses you paid to.
- Report it to your regulator and to local police / action-fraud line so it’s on the official record.
- Add your report here so the next person searching this name is warned — report ASCFM.
- Verify on the register. Cross-check the full entry on the SentFunds register before you trust anyone offering to help.