ASF Markets-Some important Details about This Broker

Since ASF Marketss official website (https://www.asfmarkets.com/) is temporarily down, we could only piece together the rough idea of this brokerage house by gathering relevant information from other websites.

General Information

ASF Markets is an online forex broker registered in Saint Vincent and the Grenadines, offering a series of trading instruments to both retail and professional traders. Investors have the flexibility to choose from four different trading accounts, and the maximum leverage available is up to 1:1000.

ASF Markets is the trading name operated by AS Financial Services LLC, a company registered in Saint Vincent and the Grenadines, does not hold any regulatory license.

Market Instruments

ASF Markets presents itself as a forex and CFD broker, we suppose it at least offers forex trading-related services. Other classes of trading instruments are not specified.

Account Types

ASF Markets offers three trading accounts for both retail and professional traders, namely Standard, Executive and VIP accounts.

The Standard account is suitable for all types of traders, especially beginners and inexperienced traders, and a low initial deposit of $10 is enough to open this account.

The Executive and VIP account is more suitable for professional traders, with the minimum deposit from $100 and $500 respectively.

Spreads & Commissions

Like many other forex brokers, spreads and commissions are determined by trading accounts with the ASF Markets platform.

The Standard and Executive accounts offers a commission-free trading environment, accompanied by average spreads starting at 1.7 pips and 0.9 pips, respectively. The Pro account offers competitive spreads from 0.1 pips, with a commission of $6 per lot.

Leverage

When it comes to leverage, ASF Markets permits traders to use leverage of up to 1:1000, which is significantly higher than the levels regarded appropriate by many regulators.

Bear in mind that high leverage is not necessarily the good thing, as it can magnify gains as well as losses.

Trading Platform

ASF Markets offers its clients the access to popular MT5 trading platform, which is among the most popular ones around the world.

MT5 trading platform is highly praised for its user-friendly interface, top-notch charting and market analysis tools, as well as the support of automated trading bots (Expert advisors). Everything you need to begin trading on the financial markets, including all of the above features, is available in a single, convenient interface.

Payment Methods

The minimum deposit to invest with ASF Markets is just $10. And this broker allows its clients to make a deposit and withdrawal through Bank Wire, Credit/Debit Cards, Skrill, Neteller, and Bitcoin.

Customer Support

Traders can reach out to ASF Markets about any questions or concerns they may have about their accounts or their trading through two email addresses:

info@asfmarkets.com support@asfmarkets.com

No other more direct contact channel like telephone or online chat is available.

Risk Warning

There is a level of danger that comes with trading on the financial markets. As sophisticated instruments, foreign exchange, futures, CFDs, and other financial contracts are typically traded using margin, which significantly increases the inherent risks involved. Therefore, you should consider carefully whether or not this sort of investment activity is right for you.

The information presented in this article is intended solely for reference purposes.