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ASCO

Hong Kong|5-10 years|
Suspicious Scope of Business|High potential risk|

https://www.ascoglobal.com

Website

Rating Index

Contact

+852 56418344
info@ascoglobal.com
https://www.ascoglobal.com
18 F , 288 hennessy Rd, Wan chai Hong kong Level 8 , 378 Bourke St, Melbourne vic 3000

Licenses

No valid regulatory information, please be aware of the risk!

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Warning: Low score, please stay away!
Previous Detection : 2024-12-05
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

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ASCO · WikiFX Survey

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ASCO · Company Summary

Note: Asco's official website: https://www.ascoglobal.com is currently inaccessible normally.

Asco Information

Founded in 2008, Asco worldwide was Asco global is a Hong Kong China registered brokerage company. Through MT4 trading platform, Asco global provides forex currencies, indices, and commodities. Asco Global, on the other hand, is not governed anywhere.

Overview of Asco

Pros and Cons

Pros Cons
Access to MT4 trading platformNot regulated in any jurisdiction
Variety of tradable instrumentsLack of transparency regarding fees
24/7 customer supportPotential risk to fund security
Provide two trading accountsMinimum deposit up to $200

Is Asco Legit?

Asco is not under control in Hong Kong, her registered country. Furthermore under no jurisdiction are several well-known regulatory bodies like the Financial Conduct Authority (FCA) in the United Kingdom or the Australian Securities and Investments Commission (ASIC).

Is Asco Legit?

The WHOIS query shows that “ascoglobal.com” was registered on December 24, 2023, and expires on December 24, 2024. The domain status is “clientTransferProhibited,” meaning it cannot be transferred to another registrar. December 25, 2023, was the last domain update. The domain's registrar is DropCatch.com 928 LLC, and its name servers are ns1.namebrightdns.com and ns2.namebright.com.

Is Asco Legit?

What Can I Trade on Asco?

Asco global offers the following trading instruments: forex, Index as well as commodities.

Tradable Instruments Supported
Forex
Commodities
Crypto
CFD
Indexes
Stock
ETF

Account Type

Asco offers two types of live trading accounts: the Standard Account and the ECN Account.

Account TypeMinimum DepositSuitable ForFeatures
Standard Account$200 Beginner traders or those with lower capitalBasic trading features
ECN Account$2,000 Experienced traders with significant capitalLower spreads, faster execution speeds typical of ECN accounts

Asco Fees

Asco global advertises that it offers low spreads for its traders, but does not specify detailed spreads on particular instrument. The margin requirement for forex trading is $250 per lot, $250 per lot for gold, $625 per lot for Silver, and $1,000 for Oil trading.

Trading Platform

Trading PlatformSupported Available Devices Suitable for
MT4 DesktopDesktop (Windows, Mac)All kinds of traders, especially those that depend on sophisticated charting and analytical tools.
MT4 MobileMobile (iOS, Android)Traders seeking mobility and adaptability to deal from wherever.
Trading Platform

Customer Service

HWG Securities offers 24/7 customer support through various channels including telephone and email.

Contact Options Details
Phone852-56418344
Emailinfo@ascoglobal.com
Support Ticket System-
Online Chat-
Social Media-
Supported LanguageEnglish
Website LanguageEnglish
Physical Address18 F, 288 Hennessy Rd, Wan Chai, Hong Kong; Level 8, 378 Bourke St, Melbourne VIC 3000
Customer Service

The Bottom Line

Asco Global offers trading tools as well as the respected MT4 system. Its unbridled character, meanwhile, begs financial security questions. Although this broker's regulatory status should be taken into account, traders looking for a wide range of instruments and 24/7 customer service could find fit here.

FAQs

Is Asco safe?

Asco is not regulated by any major financial authority, raising concerns about the safety of trading with this broker.

Is Asco good for beginners?

Although Asco provides a low minimum deposit Standard Account fit for beginners, the absence of control raises major issues.

Is Asco good for day trading?

Asco is appropriate for day trading because the MT4 platform is available; but, a drawback is the lack of openness in trading conditions and regulation.

Is it safe to trade with Asco?

Trading with Asco exposes major hazards given the absence of regulatory control. Before starting an account, traders should be careful and weigh these hazards.

Broker Information

Company Name

Asco Global Limited

Abbreviation

ASCO

Regulatory Status

No Regulation

Platform registered country and region

Hong Kong

Company website
Phone of the company
  • +852 56418344

  • 85256418344

X

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Facebook

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YouTube

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Company address
  • 18 F , 288 hennessy Rd, Wan chai Hong kong Level 8 , 378 Bourke St, Melbourne vic 3000

Linkedin

--

WhatsApp

--

QQ

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WeChat

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Customer Service Email Address
  • info@ascoglobal.com

Company Summary

Review

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