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Information about the broker AsiaX

Rating: 0
Foundation date: 2019

Brief informationAsiaX

The company calls itself a provider of a full service package for professional players. We did not find the following important information on the site:

  • registration data
  • work experience
  • licenses
  • jurisdiction.

For communication there is only one option: email address

Personal account with

Registration is standard, the form is standard too. The only unusual thing is the requirement to indicate the full date of birth. Perhaps this is for a loyalty program like giving some bonuses for a birthday. A confirmation link will be sent to your email. At the end of the procedure, you must choose one currency option: euro or dollar for all further calculations.

But the requirements for identification in AsiaX are very strict and detailed: you will need the first page of your passport, a photo of both sides of the bank card, where only the CVV code should be closed, and much more.

Trading instruments

On the homepage it was announced that the broker has over 50 assets. When studying the site, it is difficult to understand what exactly is offered to trade in. In the text of the contract only currency pairs are mentioned.

The minimum deposit is 50 euros.

AsiaX platform

The company offers to use only its own software. It is not possible to find out its characteristics at the familiarization stage - you will have to register or try to find out the details when you personally contact the broker.

The contract defines the company's exclusive rights to the platform, and customers are encouraged to make suggestions to improve its work and design.

Trading accounts

This is not an ordinary approach. Depending on the size of the deposit, the categories are divided not into accounts, but ... by people. Customers are classified as standard, VIP or premium.

Standard — are those who have deposited less than 10 thousand euros and admit that they do not yet have professional knowledge and skills in trading, which means that they need information support.

VIP-clients — capable of independent trading and replenishment of an account in the amount of 10,000 to 50 thousand euros. They are encouraged by reduced commissions and an increase in the limit on the opening and execution of orders.

Premium clients — professionals who deposited more than 50 thousand €. The largest limits and maximum exemption from various fees are provided for them.

To change the category you need a written application and, of course, a money transfer.

How to replenish account and withdraw funds with Asiax. 

A wide range of options are offered as ways for transactions:

  • bank cards,
  • payment systems from Neteller to Chinese UnionPay,
  • electronic wallets up to YandexMoney.

You can withdraw minimum one hundred euros or their equivalent in another currency. For withdrawals by bank transfer you need to pay as much as 40 €, for other options - 5%. In addition, all commissions of payment systems are paid by customers.

Conclusion about AsiaX

This is an underground broker that provides a minimum of information about itself. There is also no detailed description of the terms of trade here - in the process of writing a certificate, we had to dig up everything that was laid out in the section with documents. And the lack of a description of the platform and its very open access for testing without risks is not excusable at all. Not recommended.

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