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AsiaTradeFX

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Risk Level - High

Scam Evidence & Warnings

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Brokersview has Reviewed that AsiaTradeFX is an Unregulated Forex Broker AsiaTradeFX is not a reliable broker for traders even though it states offers that look good to be true. AsiaTradeFX claims to be regulated by the Indonesia Commodity Futures Trading Regulatory Agency (BAPPEBTI) under the regulation number: 873/BAPPEBTI/SI/1/2006. We do find a match result to AsiaTradeFX in BAPPEBTI. But please be informed that BAPPEBTI is not a regulatory authority that issues licenses for forex trading or regulates forex activities. The truth is that AsiaTradeFX is not under valid regulation to do forex by any regulators. Investors' funds in this broker are unsafe and cannot be protected by any law. Therefore, it is a scam.

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The Securities Commission Malaysia (SC) Added AsiaTradeFX into Its Investor Alert List In 2022, The Securities Commission Malaysia (SC) issued a warning against AsiaTradeFX that this firm is possibly a clone operating an illegal investment scheme and carrying on unlicensed capital market activities dealing in securities. You may visit: https://www.sc.com.my/regulation/enforcement/investor-alerts/sc-investor-alerts/investor-alert-list

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