AsiaTradeFX
We checked AsiaTradeFX 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
AsiaTradeFX is not a reliable broker for traders even though it states offers that look good to be true. AsiaTradeFX claims to be regulated by the Indonesia Commodity Futures Trading Regulatory Agency (BAPPEBTI) under the regulation number: 873/BAPPEBTI/SI/1/2006. We do find a match result to AsiaTradeFX in BAPPEBTI. But please be informed that BAPPEBTI is not a regulatory authority that issues licenses for forex trading or regulates forex activities. The truth is that AsiaTradeFX is not under valid regulation to do forex by any regulators. Investors' funds in this broker are unsafe and cannot be protected by any law. Therefore, it is a scam.
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 AsiaTradeFX.
- Verify on the register. Cross-check the full entry on the SentFunds register before you trust anyone offering to help.