Independent rating of Forex broker AssetsFX

About company

AssetsFx is a brokerage firm registered and licensed as a securities dealer by the Ministry of Finance and Economic Management, Vanuatu. AssetsFx is regulated by the Vanuatu Financial Services Commission (VFSC). The regulatory authority is known for its favourable conditions for carrying out business on the territory of the country. For example, VFSC does not impose strict requirements on the size of the authorized capital. In addition, the VFSC regulation provides benefits for brokers and has disadvantages for traders. Thus, in case of bankruptcy, the financial services commission does not protect traders and investors who do not even have a chance to appeal violations.

Trading conditions

• 60 currency pairs, oil, CFDs, gold, and silver
• scalping
• hedging
• free Expert Advisors for beginners
• demo account
• no requotes
• no FIFO rules
• deep liquidity
• zero stop level
• all trading styles are allowed
• opening a new live account, traders receive a 25% bonus on a deposit up to $500

Trading platform

AssetsFx offers its clients the opportunity to trade through the most popular and user-friendly MetaTrader 4 (MT4) trading platform. MetaTrader 4 helps users employ strategies of any complexity. Traders have access to market and pending orders, chart trading, tick charts, trading history, stop orders, and trailing stops. In addition, hundreds of free and paid signals of various profitability and risk levels are accessible to users of the trading platform. They are available on both demo and real accounts.

Support service

Clients can contact the company's support service via live chat or a contact form.

Traders’ reviews

Among traders' reviews about AssetsFx, there are no strictly positive or negative comments. Novice traders praise the broker for access to a demo account and free Expert Advisors. Meanwhile, experienced traders complain that the company's support team is unable to give a clear answer why the internal quotes are inconsistent with the market ones.

Advantages:

• narrow spreads
• demo account
• low fees
• fast order execution
• user-friendly MT4 trading platform
• free Expert Advisors

Disadvantages:

• support service ignores traders
• inconsistencies in quotes
• no choice of trading accounts