BrokersView has reviewed that AscoGlobal is an unregulated forex broker AscoGlobal claims it is affiliated with PT. Rajawali Kapital Berjangka, a future brokerage company registered and supervised by BAPPEBTI (Badan Pengawas Perdagangan Berjangka Komoditi) with No. 003/BAPPEBTI/SI/08. However, BAPPEBTI does not issue any licenses for forex trading or brokers nor does it regulate or license international companies engaging in such activities. So AscoGlobal is not overseen by any regulator. That means investors' funds in this broker are unsafe and cannot be protected by any law. Therefore, it is a scam.

BrokersView has identified that AscoGlobal's website is currently offline BrokersView found that the domain "http://www.ascoglobaltrade.com/" is currently inaccessible. This is widely regarded as a significant red flag, as the suspension of a broker's website often points to underlying regulatory or operational issues.