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Assetsfx?
Emadkhan
Iran
2024-11-17
ANSWER Dear Investor,Thank you for reaching out to us. At the end of 2023, we flagged Assets FX (assetsfx.org) as a suspicious website due to its false claims of holding a license from the Mauritius Financial Services Commission (Mauritius FSC) and being a member of the Financial Commission. At that time, it referred to itself as Assets Multi Ltd. We recommend reading our review of the broker, which includes screenshots for elucidation.The website's content and layout have since undergone changes. Assets FX now claims to be owned by Assets Global Ltd and registered with the Mauritius FSC. While you can locate the company on the authority's register, this does not inherently indicate that the broker is fully supervised. There are two possible scenarios for consideration:1. Legitimate Registration but Minimal Oversight: Even if the website assetsfx.org is genuinely operated by the registered firm, it's crucial to note that the Mauritius FSC, as an offshore financial regulator, provides lax oversight and minimal protection for investors. We have received many complaints from investors dealing with brokers solely registered with the Mauritius FSC.2. Potential Identity Theft: A more disconcerting scenario involves identity theft. As you can see, the Mauritius FSC does not disclose adequate information about the license holder, leaving investors uninformed about essential company details and the associated website address. This lack of transparency makes it easy for unscrupulous brokers to copy details from a licensed company to appear legitimate. Simply put, it is unclear if Assets FX and its offerings through assetsfx.org are genuinely licensed and supervised by the Mauritius FSC. Furthermore, we have already received complaints about Assets FX regarding dubious activities, which you should consider. Another major red flag is that the Central Bank of Russia has included Assets FX in its list of entities with detected signs of illegal activities in the financial market.In conclusion, we strongly suggest you exercise extreme caution regarding Assets FX. This broker is very risky and we advise against using it. Conduct thorough due diligence before risking real money. For a safer trading environment and peace of mind, consider brokers that are genuinely regulated by top-tier financial regulators.
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