In the fast-paced world of trading, where funds can be made and lost in the blink of an eye, investors must remain vigilant against the dangers of fraudulent schemes. Ascuex, a purported cryptocurrency exchange platform, has come under scrutiny amid allegations of deception and financial exploitation. In this Ascuex review, we delve into the intricate web of the Ascuex scam, shedding light on its tactics, victims, and the consequences of falling prey to its deceitful practices.
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Website – https://www.ascuex.com/
Address – Saint Lucia
Regulation status – Unregulated
Warning – Not recommended by review website like Scam Bitcoin
Domain Age –
Domain Name: ascuex.com
Registry Domain ID: 2752184224_DOMAIN_COM-VRSN
Registrar WHOIS Server: whois.godaddy.com
Registrar URL: https://www.godaddy.com
Updated Date: 2024-01-19T16:27:41Z
Creation Date: 2023-01-18T06:33:34Z
Registrar Registration Expiration Date: 2025-01-18T06:33:34Z
Overview of Ascuex
With its main office located in Saint Lucia, Ascuex functions as an unregulated broker and provides a range of account types with minimum deposits that vary from $0 to $5,000. The fact that Ascuex doesn’t have as many instructional tools as it should, though, should worry traders looking for in-depth training. When selecting Ascuex as their trading platform, traders should carefully weigh the information that is offered together with their preferences and risk tolerance.
Ascuex Review: Regulation
Ascuex operates as an unregulated broker, indicating that it functions without supervision or endorsement from financial regulatory bodies. This absence of regulation can expose investors to substantial risks, as there are no mechanisms in place to safeguard their interests or uphold fair trading standards.
While Ascuex’s website asserts registration by the Financial Services Regulatory Authority (FSRA), investigations reveal no corresponding information within the FSRA’s records. The reality is that Ascuex lacks regulation from any regulatory entities. Entrusting it with investors’ funds poses significant risks, as there are no legal protections in place to safeguard the funds.
Disadvantages of Ascuex
Ascuex presents several benefits to traders, such as a wide array of market instruments, high-leverage options, and an intuitive trading platform. Nonetheless, it’s crucial to acknowledge the absence of regulation, which could entail risks typically linked with unregulated brokers. Furthermore, the limited availability of comprehensive educational resources might affect traders seeking to augment their proficiency and understanding of the financial markets.
Ascuex Review: Customer Support
Ascuex places a strong emphasis on providing outstanding customer support to address clients’ inquiries and concerns effectively. They assert that their proficient support team is readily available via Messenger or phone, ensuring clients receive timely assistance whenever needed. Moreover, clients have the option to contact them through email or utilize the convenient live chat feature for swift responses.
Leverages and Spreads
ASCUEX provides maximum trading leverage of up to 1:1000. While this high leverage has the potential to amplify profits, it also escalates the level of risk significantly. Therefore, traders must exercise caution when utilizing high leverage, as adverse market movements can result in substantial losses.
ASCUEX offers a selection of spreads customized to different trading accounts. The diverse spreads available across account types enable traders to select the most appropriate option according to their preferences and trading methodologies.
Ascuex Review: Conclusion
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Ascuex Review was first posted on March 22, 2024 at 1:11 pm.
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