If you are looking for a shady brokerage without details on the owner, regulatory jurisdiction, and more, AssetDex is your pick. The company hasn’t disclosed even the basic conditions, such as a minimum deposit.
Read our AssetDex review to see what we were able to dig into about this shady scammer.
| Broker status: | Unregulated |
| Regulated by: | Unlicensed brokerage |
| Scammers Websites: | www.assetdex.com |
| Owned by: | AssetDex Management Ltd |
| Headquarters Country: | N/A |
| Foundation year: | N/A |
| Supported Platforms: | Web trader |
| Minimum Deposit: | N/A |
| Cryptocurrencies: | Yes |
| Types of Assets: | FX, commodities, indices, shares, cryptocurrencies |
| Maximum Leverage: | N/A |
| Free Demo Account: | Yes |
| Accepts US clients: | No |
AssetDex Regulations and Security
While the company is bragging about keeping funds in segregated accounts and being GDPR compliant, we couldn’t help but notice there are no regulations listed. Moreover, there is no headquarters and no governing law. The only info that we have is that the alleged owner is AssetDex Management Ltd. Yet, after searching Tier1 regulators such as FCA and ASIC, we found nothing.
Beware of the AssetDex Management Ltd scam and similar brokers such as Trendex, and Razer Markets.
Fund Withdrawal Issues
Since everything else is anonymous, withdrawal methods and conditions are not disclosed as well. AssetDex broker listed a couple of payment method logos on the main page, including Visa and MasterCard, wire transfer, and Bitcoin. Since the broker is forcing cryptocurrencies everywhere we look, we were not surprised to learn it makes clients buy crypto and transfer as a deposit. Of course, this way of money transfer is harder to track, which makes withdrawals harder as well.
Since we’re clearly dealing with fraud without a regulator and an owner, you cannot get help even by tracking funds. Beware of the AssetDex scam.
Traders Opinion
Besides withdrawal issues, there’s plenty more to list. According to AssetDex reviews, clients are not satisfied with the broker’s web trader and lack of trading conditions. You cannot find leverage, minimum deposit, or anything else listed. Additionally, investors say that AssetDex uses AnyDesk, a famous tool of scam brokers, to steal money from clients’ bank accounts.
How Does Online Trading Scam Work?
Online trading scams are usually related to offshore brokers and unregulated shady companies such as AssetDex. According to their website, to know the minimum deposit, you need to register and log into your account. Once you provide your email and phone number, the broker’s support will call and spam you endlessly until you eventually agree to invest. And when you do, you will be guided by an account manager who should help you make a profit. Just, nobody will tell you that this account manager works on commission and will do anything to take your money, even steal it via AnyDesk.
If you have had such an experience with fraudulent brokers and your money disappeared, let us know.
Scammed by AssetDex?
If you were scammed by AssetDex or any other illicit brokerage, contact us immediately via online chat. Our support team is here to assist you with this matter and help you request a chargeback.
But what is a chargeback?
This is a way for your bank to retrieve the funds from the merchant. You need to prove you were scammed and how it happened. And the easiest way to do so is with professional help. Our experts are holding free consultations to help you understand the exact process.
Contact us now, and let’s get your money back!
What is AssetDex?
AssetDex is an online trading brokerage with an unknown owner and headquarters.
Is AssetDex a scam?
AssetDex is a fraudulent broker that hasn’t disclosed any crucial information.
Is AssetDex regulated?
AssetDex is an unregulated scam brokerage without known headquarters.
Source:
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