If a company transparently claims it operates offshore, there’s no reason to hide its legal entity details. Yet, that’s not the logic of the management of this trading firm. Therefore, we are off to a bad start.
Luckily, reading this detailed AssetivaX review can keep your funds away from such companies. But the most important tips can be found at the end of it. Also, it’s worth checking our unbiased ByteBit and Sol Markets reviews for more useful trading advice.
| Regulated by: | No regulations |
| Is This Company Safe? | No |
| Known Websites: | AssetivaX.com |
| Have Warnings from: | FSMA, CONSOB, CNMV |
| Registered in: | Saint Vincent and Grenadines |
| Operating since: | N/A |
| Trading Platforms: | Proprietary web trader |
| Maximum Leverage: | N/A |
| Minimum Deposit: | N/A |
| Deposit Bonus: | N/A |
| Trading Assets: | Forex, indices, stocks, commodities |
| Free Demo Account: | Available (allegedly) |
| How to Withdraw from This Company? | Since they present themselves as UK-based and they work without regulations, you can forget about clean withdrawals. So, if you see any issue during the procedure, contact our refund experts immediately. |
Legal info: Is AssetivaX Legit or a Scam?
With a very low number of AssetivaX reviews, most likely the company was recently registered. Thus, the exact foundation date is hidden. Nevertheless, with headquarters in Saint Vincent and Grenadines, you can only expect problems with this firm. Unless they are regulated by top-tier authorities like FCA, BaFin, CFTC, or similar.
Frankly, even at first glance, you can realize they don’t have any. But we did the research anyway. And voila, we found only multiple warnings instead of licenses. Worst of all is that all these warnings come from top-notch regulators. Such as Italian CONSOB, Spanish CNMV, and Belgian FSMA. If you wanted a clue if you can trust this firm or not, you’ve got it.
Who are AssetivaX’s Victims?
Scam trading firms usually target narrow areas where they can reach wealthy traders. Sadly, those countries are quite often similar to many other firms. In this case, those are:
- United States
- United Kingdom
- Canada
Of course, none of these have ever authorized AssetivaX broker to offer services to their citizens. Therefore, if you feel like this firm tricked you somehow, book a free consultation with our experts already today.
Traders Reviews
Before you sign up for an AssetivaX account, make sure to check their reviews on Trustpilot. As can be seen, 5 out of 5 comments include some complaints. Even though these are in Danish, once you translate them you realize what’s going on. Fairly, only problems.
A simple trick to avoid such issues is to choose tier-1 licensed firms. Thus, we all get attracted by quick money schemes sometimes. There’s nothing bad in it. After all, once it might work. Meanwhile, you’ll be throwing money away with scam firms. If that’s your destiny, feel free to reach us anytime for refund assistance.
Leverage, Commissions, Spreads, Fees and Taxes
One of the most questionable details is that before using AssetivaX login credentials, you won’t know any leverage details. Apparently, the company adheres to the regulatory standards of the traders’ local authority. Thus, without regulations, you can trust such a statement.
Even if that’s true, the company’s trading costs will rip you off. With hidden swaps, commissions, and other fees, you can’t expect anything good. And a good hint for that is the spread of 1.1 pips in their best offer.
Bonuses
Just briefly in the client agreement, traders can find some clues if bonuses are possible or not. In any case, one way to find out if is AssetivaX legit is if they offer you bonuses. If they do, be sure they are not. However, this information is more useful if you are researching a broker that’s not on a warning list.
AssetivaX Trading Features
With suspicious trading platforms, hidden trading conditions, and speculative security measures, you can’t expect much from this firm. To be fair, the company doesn’t seem to offer any advanced options. Such as EAs, copy trading, or AI features. Even the basic features will be questionable once you realize what platform they offer.
Trading Platforms Available
Instead of trusted third-party options, with this broker traders can only use proprietary web traders. Comparing it to cTrader or MetaTrader would be such a shame.
Even if this web trader includes all possible features of this world, without a license, you can only expect one thing. It’s to be manipulated. In any case, you can expect a wide range of indicators, analytical tools, and other basic features. Nothing worth risking your money.
Available Trading Assets
Another suspicious detail with this broker is its instruments offer. The firm briefly mentions what instrument classes they offer. However, the number of instruments or transparent presentation is lacking. But most likely you can expect popular options like:
- Forex – USD/JPY, USD/CHF
- Commodities – gold, crude oil
- Indices – FTSE100, DAX30
- Stocks – Amazon, Netflix
Account Types
The worst issue of all among missing licenses is the hidden deposit requirement for all accounts. There are four options including different fictional benefits and yet, they don’t reveal what they expect from you. Seems like a teasing game that should lure you into registration so they can harass you over the phone. One way or another, your options are:
- Active retail
- Professional trader
- VIP
- Corporate
Mobile Trading App
According to the company’s presentation, there is an AssetivaX mobile app available. However, not in trusted PlayStore or AppStore. It’s not even available for download on the company’s website. Therefore, it’s highly probable it doesn’t even exist. Instead, they will offer you a potentially poorly optimized web trader.
Demo Account
Similarly to all other fictive features of this firm, demo accounts are also speculative. Whether these exist or not, it’s just bait to extort your contact details. Nothing more. For safe demo trading, opt for top-tier licensed firms.
Education
When it comes to trading education you should never rely on unregulated brokers there. In most cases, they don’t teach you properly. But to make it even worse, this company offers just basic answers to trading questions. For more advanced options, you have to reach out to licensed firms again.
AssetivaX Withdrawal
Generally, traders can expect mainly issues with the AssetivaX withdrawal procedure. Firstly, because the company has the right to charge traders with fees for whatever they want. Starting with so-called “abuse”, withdrawing without trading, etc. Secondly, because of hidden fees, processing time, and methods.
All these details combined make all traders vulnerable. Therefore, you better prepare yourself for the refund process properly.
Customer Support
On top of all the problems, the company also offers disastrous customer support. With hidden operating hours and only e-mail available, we can hardly expect any assistance from this firm. You might get assistance from encrypted platforms, but only while you are an active trader. Fairly, not too convenient for any experienced trader.
Key Information To Consider About AssetivaX?
Issues that you can expect here can be counted forever. In the first place, there are missing regulations, multiple warnings, shady trading platforms, hidden fees, etc. But you realize there are much more problems.
Therefore, if you got stuck with an AssetivaX scam broker we suggest you do only one thing – apply for a refund immediately. If you don’t know where to start, book a free first consultation with our refund consultants today.
FAQ Section
What is AssetivaX?
AssetivaX is an offshore brokerage operating with absolute anonymity with hidden trading conditions and legitimate contact options.
Is AssetivaX Legit?
No. AssetivaX broker is not licensed anywhere and on top of that they are on a warning list of FSMA, CNMV, and CONSOB.
How to Recover Money I Invested with AssetivaX Broker?
Whatever you try with this scam broker, you won’t get your withdrawal regularly. Instead, we suggest you reach us for chargeback advice right away.
Source: https://scambrokersreviews.com/forex-scams/assetivax-review/
