Score

1.33 /10
Danger

ASCC MARKET LTD

United Kingdom

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Comparison

Quantity 6

Exposure

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Website

Score

Regulatory Index0.00

Business Index5.65

Risk Management Index0.00

Software Index4.00

License Index0.00

The WikiFX Score of this broker is reduced because of too many complaints!
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Website

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

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Broker Information

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Company Name

ASCC MARKET LTD

Company Abbreviation

ASCC MARKET LTD

Platform registered country and region

United Kingdom

Company website

Company summary

Pyramid scheme complaint

Expose

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Warning: Low score, please stay away! 2
Previous Detection : 2024-11-16
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The number of the complaints received by WikiFX have reached 6 for this broker in the past 3 months. Please be aware of the risk and the potential scam!

WikiFX Verification

Pyramid scheme complaint
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ASCC MARKET LTD · Company summary
ASCC MARKET LTDReview Summary
Founded2-5 years
Registered Country/RegionUnited Kingdom
RegulationUnregulated
Market InstrumentsForex, Stocks, Commodities, and Cryptocurrencies
Demo Account
LeverageUp to 1:500
SpreadSpreads as low as 0
Trading PlatformASCC MARKET LTD
Min Deposit$200
Customer SupportEmail: support@asccmarket.com

ASCC MARKET LTD Information

ASCC MARKET LTD is a broker that offers a variety of trading instruments and different trading accounts. Trading instruments include Forex, Stocks, Commodities, and Cryptocurrencies, while trading accounts are Basic, Standard, and VIP. ASCC MARKET LTD offers spreads as low as 0 and leverage up to 1:500.

Pros and Cons

Pros Cons
Various trading instruments: Forex, Stocks, etc.Unregulated
Spreads as low as 0Little cost information
Up to 1:500Demo account unavailable
More negative comments
Only one way to contact

Is ASCC MARKET LTD Legit?

Important note: ASCC MARKET LTD is not registered, let alone regulated.

Is ASCC MARKET LTD Legit?
Is ASCC MARKET LTD Legit?

What Can I Trade on ASCC MARKET LTD?

Traders can invest in forex, stocks, commodities, and cryptocurrencies through ASCC MARKET LTD.

Tradable Instruments Supported
Forex
Commodities
Stocks
Cryptocurrencies
Precious Metals
Shares
ETFs
Bonds
Mutual Funds

Account Type

ASCC MARKET LTD sets up 3 trading account types, including Basic, Standard, and VIP. The maximum leverage of the three types of accounts is 1:500. Besides, traders need to pay attention to the VIP account deposit reaching $10,000.

Account Type BasicStandardVIP
Minimum Deposit$200$500$10000
Maximum leverage1:5001:5001:500
Minimum spread000
Account Type

ASCC MARKET LTD Fees

ASCC MARKET LTD claims to provide a minimum spread of 0. However, traders cannot learn more useful fee information through the broker's official website.

Trading Platform

ASCC MARKET LTD is a proprietary trading platform, traders cannot use authoritative trading platforms such as MT4/MT5.

Deposit and Withdrawal

Although ASCC MARKET LTD traders can choose from various payment methods such as credit/debit card, wire transfer, Skrill, and Neteller, the minimum deposit is not stated and there may be hidden fees.

Customer Support Options

It will be more difficult for traders to contact ASCC MARKET LTD because this broker only provides a slow response email instead of an effective phone number.

Contact Options Details
Email support@asccmarket.com
Supported Language English
Website Language English
Physical Address Not mentioned
Customer Support Options

User Reviews

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User comment

3

Comments

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Taunton-Smith
more than one year
My experience has been satisfactory. The proprietary trading platform is user-friendly, and the diverse range of tradable assets allows me to diversify my investment portfolio. The leverage of up to 1:500 is a significant advantage for amplifying positions. The spreads, starting from 0.0 pips, are competitive, although I would appreciate more transparency in verifying this claim.
My experience has been satisfactory. The proprietary trading platform is user-friendly, and the diverse range of tradable assets allows me to diversify my investment portfolio. The leverage of up to 1:500 is a significant advantage for amplifying positions. The spreads, starting from 0.0 pips, are competitive, although I would appreciate more transparency in verifying this claim.
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2023-12-07 18:33
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FX1343308001
more than one year
Traded stocks on this platform and I don’t know why are the charts were shown not clearly in its trading platform as with other brokers. As a new broker, their customer service is not as good as other brokers I traded with before. Honestly I don’t recommend this broker. You can go to exness, or ztf if you’d like to trade online.
Traded stocks on this platform and I don’t know why are the charts were shown not clearly in its trading platform as with other brokers. As a new broker, their customer service is not as good as other brokers I traded with before. Honestly I don’t recommend this broker. You can go to exness, or ztf if you’d like to trade online.
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2023-03-20 17:05
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6