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Ascot Prime -

Score

1.53 /10
Danger

Ascot Prime

United Kingdom

5-10 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

https://ascotprime.com

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Comparison

Quantity 9

Exposure

Open Account
Website

Score

Regulatory Index0.00

Business Index7.14

Risk Management Index0.00

Software Index4.00

License Index0.00

The WikiFX Score of this broker is reduced because of too many complaints!
Open Account
Website

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Broker Information

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Company Name

R Capital Group Ltd

Company Abbreviation

Ascot Prime

Platform registered country and region

United Kingdom

Company website

Company summary

Pyramid scheme complaint

Expose

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Warning: Low score, please stay away! 4
Previous Detection : 2025-02-02
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The number of the complaints received by WikiFX have reached 9 for this broker in the past 3 months. Please be aware of the risk and the potential scam!

WikiFX Verification

Exposure

9 pieces of exposure in total
Pyramid scheme complaint
Expose
Unable to Withdraw

Both the withdrawal and APP are unavailable in Ascot Prime

Both the withdrawal and APP are unavailable in Ascot Prime . Call the police as soon as possible.

2020-02-17 09:32
Unable to Withdraw

Unable to withdraw

After SVSFX collapsed, we were asked to transfer fund into this platform. One month later, the withdrawal became unavailable. No one replied to me anymore. The customer service all disappeared. In last December, I logged in to the agent backstage, only to find the commission is still unavailable. There is a lost connection and spread with the scam platform.

2020-02-16 14:45
Others

The spread is too high!

The spread of gold and crude oil is too high.Normally,it was 35~40.But it became 97 or 120 pips on WTI crude oil this week,with gold 48~50 pips.I reported it to the customer service on October 21st,while it was still the same on 25th.One can see form the screenshots.

2019-10-25 10:11
Unable to Withdraw

The scam platform don't allow me to withdraw money

At the beginning svs is quite good, but recently it is said to go bankrupt and let the clients transfer the funds to this platform. However, the money can not be withdrawn. This platform is not reliable and it is really rubbish, even has no regulatory

2019-10-10 10:41
Unable to Withdraw

The withdrawal hasn’t been received for one month,no one dealing with it.

The SVS processed the deposit for me,while the withdrawal hasn’t been received for one month,no one dealing with it.

2019-11-06 10:58
Scam

Naile the lie of “Small investment and high return” in Ascot Prime

The real experience of the victim:In this June, someone added Mr.Qiu through Wechat. At first he thought it was one of my friends and passed the request. He learned through chat that this netizen is doing financial investment. Recently, she invested in Ascot Prime and earned more than 300,000 RMB a month. She said it is a good way to make money and wanted to invite Qiu to participate.At first Qiu didn't believe it and paid no attention to her. Later in a long time, this netizen kept sending posts of traveling, food, etc., in Wechat moments. She told Qiu that the reason for her traveling everywhere is the money she earned through investment, Occasionally, she would also send he some screenshots of making money. She has a tongue in her head. They became friends unconsciously then. Later, she invited Qiu to join in the investment of Xintouzaixian. He agreed and invested at the very day. She then invited he to a group, where there is an investment advisor who teaches everyone how to operate. Many people in the group said they are making money.This netizen helped Qiu to follow the instructions of the advisor. As a result, he earned a few at first. The advisor said that everyone’s funds for the operation are not up to the requirements. He wanted to help everyone earn 300,000 RMB a month, which requires at least 300,000 RMB deposit for each person. And it is expected to double in one month. Many people in the group believe in the advisor and added the fund.Seeing so many members joining,Qiu also followed.Unexpectedly,there was a forced liquidation because of teacher’s order recommendation.Qiu has made all losses within these days.The the netizen comforted him,saying that the gains and losses were common in the market.Qiu was moved and added fund to recover losses.He lost all his hard-earned money of several hundred thousand yuan again,which made him despaired.

2019-11-13 15:02
Unable to Withdraw

The business in SVS was taken over and the withdrawal was unavailable.

After SVS went bankruptcy.The staff notice that the business was taken over by Ascot Prime and the fund was also transferred.The trade was normal at first.Then there were spread and system stuck with it.The withdrawal hasn’t beern received yet for 1 month.No one responds.

2019-10-31 13:38
Unable to Withdraw

Unable to withdraw.The custom service didn’t respond

After 111 went bankruptcy,clients’ request for withdrawal were canceled for 2 times since September 27th.The request on October 8th was always in the status of certification.No one replied to the email.It has been 1 week.I was anxious,hoping WikiFX could help me.

2019-10-11 09:19
Unable to Withdraw

I couldn’t log in to the backstage due to invalid mailbox, while the MT4 account still could trade.

I couldn’t log in to the backstage due to invalid mailbox, while the MT4 account still could trade. Now I couldn’t withdraw fund.

2020-01-30 17:37
    Ascot Prime · Company summary
    Ascot Prime Review Summary in Points
    Company nameAscot Prime
    Registered country/regionChina
    RegulationUnregulated
    Trading PlatformsMT4，MT5
    Market InstrumentsForex
    Maximum Leverage1:400
    SpreadAs low as 0
    Customer SupportLive chat (Monday – Friday: 8 am – 6 pm)
    Email: support@ascotprime.com

    Ascot Prime's official website: https://ascotprime.com/ is currently inaccessible normally.

    Ascot Prime Information

    Ascot Prime is a Forex broker registered in China, which provides forex transactions.

    Pros and Cons

    ProsCons
    Maximum leverage 1:400Not regulated

    Is Ascot Prime Legit?

    You need to note that according to WiKiFX's investigation, Ascot Prime is currently not regulated by any recognized financial authorities.

    Is Ascot Prime Legit?

    What Can I Trade on Ascot Prime?

    Ascot Prime advertises that it offers access to more than 100 tradable assets, including forex trading and some other unrevealed assets.

    Tradable Instruments Supported
    Forex✔
    CFDs❌
    Stocks❌
    Commodities❌
    Shares❌

    Ascot Prime Fees

    A leverage ratio of up to 1:400 is offered by Ascot Prime. Ascot Primes website claims on its home page that the spread starts from 0.0 pips.

    Trading Platform

    Ascot Prime provides two trading platforms, MT4 and MT5.

    Trading Platform
    Trading Platform
    Trading PlatformSupportedAvailable Devices Suitable for
    MT4✔PCAnyone
    MT5✔PC, Mobile phoneAnyone

    Deposit and Withdrawal

    Ascot Prime says to take credit cards like Visa and MasterCard, Tether, bank transfers, etc. As its payment options. There is a 3% fee for credit card deposits. As for the processing time of deposit and withdrawal requests, it is immediate for credit card deposits and 1 to 3 days for bank transfer withdrawals.

    Deposit and Withdrawal

    Deposit Options

    Deposit Options Min. DepositFees Processing Time
    VisaNo mentionNo mentionNo mention
    MasterCardNo mention3％ handing feeInstant
    TetherNo mentionNo mentionNo mention
    Bank transfersNo mentionNo mentionNo mention

    Withdrawal Options

    Withdrawal Options Min. Withdrawal Fees Processing Time
    VisaNo mentionNo mentionNo mention
    MasterCardNo mentionNo mentionNo mention
    TetherNo mentionNo mentionNo mention
    Bank transfersNo mentionNo mention1-3 days

    User Reviews

    More

    User comment

    2

    Comments

    Write a review

    inter 俊
    more than one year
    This company should change their trading name, not Ascot Prime, but Ascot Crime!!! Not only have they held my funds with no reasonable explanation, but they have also blocked my trading account with no prior warning, this is nothing but a terrible scam company with no regard for their users' well-being.
    This company should change their trading name, not Ascot Prime, but Ascot Crime!!! Not only have they held my funds with no reasonable explanation, but they have also blocked my trading account with no prior warning, this is nothing but a terrible scam company with no regard for their users' well-being.
    Translate to English
    2023-03-16 18:21
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    Sun Jin
    more than one year
    Never ever trade with Ascot Prim! Totally a scam company. They rejected my withdrawal request for various reasons. Also claimed to freeze my account to investigate my suspicious behavior.
    Never ever trade with Ascot Prim! Totally a scam company. They rejected my withdrawal request for various reasons. Also claimed to freeze my account to investigate my suspicious behavior.
    Translate to English
    2022-12-12 13:47
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