Home -

Main body -

WikiFX Express

Exness

Asia Stock-Overview of Minimum Deposit, Spreads & Leverage

Asia Stock | 2021-12-06 11:29

Abstract：Asia Stock is a forex broker registered in China, allegedly providing hundreds of foreign exchange currency pairs, precious metals, stocks, commodity futures and other trading products to global investors. There is no regulatory license details displayed on its website. Due to many complaints mentioning that Asia Stock rejected traders application to withdraw funds. This broker has run away and changed its name to keep scamming traders.

General Information & Regulation

Asia Stock is a forex broker registered in China, allegedly providing hundreds of foreign exchange currency pairs, precious metals, stocks, commodity futures and other trading products to global investors. There is no regulatory license details displayed on its website. Due to many complaints mentioning that Asia Stock rejected traders application to withdraw funds. This broker has run away and changed its name to keep scamming traders.

Market Instruments

Asia Stock advertises that it offers popular trading products such as forex exchange, precious metals, indices, as well as digital currencies and more.

Minimum Deposit

The minimum required to active a real trading account is 1000 USD, which is way too high. Most legit brokers only ask traders to deposit around $100 or even less to start trading.

Leverage

The maximum trading leverage for forex trading offered by Asia Stock is up to 500:1. Since margin trading is full of risks, inexperienced traders are not advised to use too high leverage level.

Spreads & Commissions

Asia Stock advertises that it offers competitive spreads for its traders, starting from 0 pips. This is absurdly impossible, especially for unregulated brokers. They just want to attract new traders by using these tactics.

Trading Platform Available

To our surprise, what Asia Stock offers is the white label MT5 trading platform. MT5 is a powerful software with complete trading varieties, widely used by most brokers and traders in the world. MT5 is equipped with advanced chart analysis, one-click transaction, moving stop loss function, drawing tools and technical analysis indicators.

Deposit & Withdrawal

In terms of payment methods supported, Asia Stock does not make this part clear. When clicking the “online withdrawal” button, it leads to a mistaken page, with nothing on it. In most cases, brokers would accept traders to fund their accounts though Credit/Debit Card, wire transfer, as well as Skrill and Neteller.

Customer Service

The Asia Stock customer support can be reached only through email, even telephone unavailable, which is the absolutely scam-looking behavior.

Leverage Broker Commission Currency Pair Dealer

Related broker

No Regulation

Asia Stock

Company name：Asia Stock

Score

1.48

Website：https://wewek5588.pimtw.com/

2-5 years | Suspicious Regulatory License | Suspicious biz area | High potential risk

Score

1.48

Olymp Trade Review 2025: Is It Safe to Trade With？

Founded in 2014, Olymp Trade has been operating for over a decade, expanding its services and user base considerably, now offering focused trading in fixed-time trades (previously known as binary options in some regions) and Forex. Specifically, Olymp Trade operates two trading modes: fixed-time trades and forex mode. Fixed-time trades refer to trades with predetermined expiration times, where traders predict market movement directions. Payouts typically range from 70-90% of the investment amount. Forex Mode is a more traditional forex trading approach with variable leverage (up to 1:500 for experienced traders). At the same time, it allows for more sophisticated trading strategies with customisable take-profit and stop-loss orders.

Science Popularization 2025-03-12 15:39

NovaTech Scam Alert: Avoid Unregulated Forex & Crypto Fraud

Novatech FX Ltd. (“Novatech”), founded in 2019, was registered in St. Vincent and the Grenadines, a jurisdiction known for its minimal regulations and booming unlicensed brokers. NovaTech, which said it was a leading forex and crypto trading platform, claimed to have its own trading software with deep liquidity. Mostly active from 2020 to 2023, they attracted investors by promising monthly returns of 3% to 5%. Accusing them of a $600 million investment fraud, the SEC filed charges on August 12, 2024, against NovaTech FX, Cynthia and Eddy Petion, and several promoters.

Science Popularization 2025-03-11 14:54

Maxxi Markets Review

Maxxi Markets is a forex broker founded in Comoros that offers traders access to a diverse range of financial instruments. With product offerings spanning commodities, forex, indices, metals, cryptocurrencies, and bonds, the broker caters to a wide spectrum of trading interests. Backed by the Mwali International Services Authority (MISA) under an offshore Retail Forex License (license number T2023425), Maxxi Markets combines innovative technology with varied account options to serve both novice and experienced traders.

Original 2025-03-11 14:01

JustForex vs JustMarkets: A Comprehensive Comparison in 2025

Selecting the right forex broker can make the difference between trading success and frustration for most investors, especially retail investors. As retail traders gain unprecedented access to global markets, the choice between platforms like JustForex and JustMarkets becomes increasingly significant. Both brokers offer some shining features within the forex and CFD trading space, but their approaches differ in some areas.

Science Popularization 2025-03-10 16:28