Do not trust
28 out of 100 · 88% checked
Our investigation found it is likely a scam, and its client terms carry high risk, with 8 critical clauses.
We checked Assexmarkets on 2026-10-26 across its company record, client terms, trading offer and service, and could verify 88% of its record. The score of 28 is what the checked record adds up to; nothing held it down. What would move the score: withdrawal rails, all-in eurusd cost, instrument breadth. Our published investigation found it is likely a scam, with 2.3 years of track record. Its client terms carry high risk, with 8 critical clauses.
Score last calculated 2026/10/26
Wikilix independent safety report
Assexmarkets advertises 'Multiple Regulatory Licenses', but it holds no financial licence that can be confirmed with any regulator, and traders across several platforms report that profits are not pa…
Risk scorecard · each area scored 0 (clean) to 10 (worst)
What Wikilix has recorded about Assexmarkets: its history, the licences it holds, its trading conditions and its fees.
Assexmarkets is the trading brand of Assexmarkets Global Ltd, an international business company registered in Saint Lucia under number 2024-00223, with a second company of the same name registered in the Union of the Comoros. The broker opened in 2024, describes itself as an ECN broker, and offers forex and CFD trading on MetaTrader 5 only, from an entry deposit of 10 USD. Its headline terms are variable spreads, leverage advertised as unlimited on Leverage Plus, and swap free trading. No financial regulation has been confirmed for either of its companies.
The broker publishes two regulatory claims in its site footer. The first says that Assexmarkets Global Ltd is authorised by the Financial Services Regulatory Authority in Saint Lucia under the IBC Act with registration number 2024-00223. That number is the company's Saint Lucia corporate registration, and a company registration is not financial regulation, so the wording does not establish that the business is supervised.
The second says that AssexMarkets Global LTD, incorporated in the Comoros under number HT00925090, is licensed by the Mwali International Services Authority as an International Brokerage and Clearing Company under licence number BFX2025110. That claim has not been confirmed, and the authority named does not operate a public licence register, so a prospective client has no way to check it independently. It is therefore recorded as claimed and unconfirmed rather than as regulation. This review made no judgement of its own about the licence; that assessment is carried out separately.
No. No authority has been confirmed as supervising Assexmarkets, and the broker is held on record as unregulated. The regulatory wording on its site amounts to a corporate registration plus an unverified offshore claim, not supervision by a financial regulator.
Two companies carry the Assexmarkets name. Assexmarkets Global Ltd is registered in Saint Lucia under number 2024-00223, with a registered office at Ground Floor, The Sotheby Building, Rodney Bay, Gros-Islet and a postal address at P.O. Box 838, Castries. AssexMarkets Global LTD is registered in the Union of the Comoros under number HT00925090, at Bonovo Road, Fomboni, Island of Moheli. The site's own disclaimer states that MetaTrader 5 services are provided exclusively through the Saint Lucia entity. Neither registration has yet been verified against its corporate registry.
Assexmarkets carries the risk profile of an unregulated offshore broker, and the presence or absence of a licence would not settle the question on its own. It has traded only since 2024, both of its companies are offshore registrations that no registry check has yet confirmed, and no supervisor has been confirmed for either. Client money therefore rests on the company's own arrangements rather than on a regulator's requirements.
Four accounts are published. Standard opens from 10 USD with leverage to 1:500 and no commission. Leverage Plus also opens from 10 USD and is commission free, and the home page advertises its leverage as unlimited without publishing the terms behind that claim. Raw Spread opens from 100 USD with leverage to 1:500 and a commission of 2.50 USD per lot. Percentage Allocation Asset Management, the broker's managed account scheme, opens from 250 USD.
Spreads are variable and the broker publishes no representative average. Commission applies on the Raw Spread account at 2.50 USD per lot, while the Standard and Leverage Plus accounts are commission free. Assexmarkets states that it charges no deposit fees and absorbs third party transaction costs, and that some withdrawal methods may carry a fee set by the payment provider rather than by the broker.
The Standard and Raw Spread accounts are published at 1:500, the site's FAQ says leverage goes up to 1:500, and the home page advertises Leverage Plus with unlimited leverage. The site notes that the cap available to a client depends on the restrictions that apply in their jurisdiction, and leverage at these levels enlarges losses as much as gains.
MetaTrader 5 is the only platform. Assexmarkets offers it in the browser and through the MT5 WebTrader, as a Windows, macOS and Linux desktop, and as an iOS and Android app. The site publishes no other trading platform.
Funding is published for Mastercard, Visa, Maestro, bank transfer, e-wallets and Bitcoin, from one US dollar on the card and bank channels. The broker describes deposits and withdrawals as instant and available at all hours, while its own FAQ says withdrawal requests are processed within 24 hours and gives receipt times of three to five business days for cards, three to seven for bank transfers and one to two for e-wallets, together with a general minimum withdrawal of 50 USD. Withdrawals require verification documents and one time password confirmation. E-wallets are named as a category on the funding page without any individual wallet being listed there.
Support is offered by live chat, by email at support@assexmarkets.com and by telephone on +44 7897 073991, in English, French, German and Spanish. The published support hours are Monday to Friday, 6 AM to 8 PM WAT, which does not match the round the clock support advertised on the home page.
In its favour: a low entry deposit of 10 USD, MetaTrader 5 across desktop, web and mobile, swap free trading, a published managed account scheme, and a named commission figure on the raw spread tier.
Against it: no confirmed financial regulation, a Saint Lucia company registration presented in language that reads as authorisation, a single licence claim resting on an authority with no public register, an operating history of only two years, and the broker's own statements on funding speed and support hours disagreeing with each other.
Assexmarkets is a young offshore operation with a conventional MetaTrader 5 offering, low entry requirements and a clearly stated cost structure on its raw spread account. What it lacks is confirmed supervision, and a corporate registration described as authorisation does not fill that gap. Anyone considering an account should check their own eligibility first, because the broker's disclaimers exclude residents of the United States, the United Kingdom, Pakistan, Iraq, Iran, Uzbekistan, North Korea, Syria and Cuba, and its registration page refers to Europe generally. The most important consideration before funding an account is that no compensation scheme stands behind money held with either company.
8 full-page captures of Assexmarkets's own site, archived so what they said can still be read after the pages change.
We have not confirmed any regulation for Assexmarkets. Money deposited with an unregulated broker is protected only by the company itself.
Trading with an unregulated broker puts your deposit at risk.
We have not confirmed any regulation for Assexmarkets. An unregulated broker is not supervised by a financial authority, and money you deposit is protected only by the company itself.
What this means for you
4 account types on record. Minimum deposit from USD 10. Leverage up to 1:500.
| Account | Min Deposit | Max Leverage | Commission |
|---|---|---|---|
| StandardStandard | USD 10 | 1:500 | Commission-free |
| Leverage PlusSpread only · Standard | USD 10 | Not recorded | Commission-free |
| Raw SpreadRaw Spread · ECN | USD 100 | 1:500 | $2.50/lot |
| Percentage Allocation Asset Management (PAMM)PAMM · Copy & Managed | USD 250 | Not recorded | Not recorded |
Where Assexmarkets says it will and won't take clients
Confirmed blocked
Named in the broker's own terms
Likely blocked
Reported, not verified against a primary source
Covered by a parent block
Territories a blocked country carries with it
6 ways to fund an account. 6 with no deposit fee. One credits instantly.
| Method | Deposit fee | Withdrawal fee | Min deposit | Withdrawal min / max | Processing |
|---|---|---|---|---|---|
| MastercardCredit Card1 | Free | Not recorded | USD 1 | Not recordedNot recorded | Up to 5 days |
VISACredit CardNamed under Supported Payment Methods on the broker's deposits and withdrawals page, where the brand is printed as Visa. Withdrawals require verification documents and are protected by one-time password verification. The broker states it charges no deposit fees and pays third-party transaction fees; it also states some withdrawal methods may carry a processing fee set by the payment provider, so no broker withdrawal fee is recorded. Deposits and withdrawals are described as instant and available 24/7, while the site's FAQ gives card receipt times of 3 to 5 business days and a site-wide minimum withdrawal of $50 that the deposits page does not repeat. The FAQ says all withdrawal requests are processed within 24 hours; the time shown is the longest receipt time it gives for this method, while the funding page advertises instant deposits and withdrawals. | Free | Not recorded | USD 1 | Not recordedNot recorded | Up to 5 days |
| MaestroDebit Card1 | Free | Not recorded | USD 1 | Not recordedNot recorded | Up to 5 days |
Bank TransferBank TransferNamed under Supported Payment Methods on the broker's deposits and withdrawals page. Withdrawals require verification documents and are protected by one-time password verification. The broker states it charges no deposit fees and pays third-party transaction fees; it also states some withdrawal methods may carry a processing fee set by the payment provider, so no broker withdrawal fee is recorded. Deposits and withdrawals are described as instant and available 24/7, while the site's FAQ gives bank transfer receipt times of 3 to 7 business days and a site-wide minimum withdrawal of $50 that the deposits page does not repeat. The FAQ says all withdrawal requests are processed within 24 hours; the time shown is the longest receipt time it gives for this method, while the funding page advertises instant deposits and withdrawals. | Free | Not recorded | USD 1 | Not recordedNot recorded | Up to 7 days |
E-walletsE-WalletCategory row rather than a named wallet, kept because the broker still claims the category. Its deposits and withdrawals page says e-wallets and local payment providers are supported, but the Supported Payment Methods list on that page names no individual wallet. The site's FAQ page separately names Skrill, Neteller and PayPal; that page also publishes an account tier scheme and a platform list the rest of the site contradicts, so those three wallets are not recorded as rows. Withdrawals require verification documents; the broker states no deposit fees; e-wallet receipt times are given as 1 to 2 business days. The FAQ says all withdrawal requests are processed within 24 hours; the time shown is the longest receipt time it gives for this method, while the funding page advertises instant deposits and withdrawals. | Free | Not recorded | USD 1 | Not recordedNot recorded | Up to 2 days |
BitcoinCryptocurrencyNamed under Supported Payment Methods on the broker's deposits and withdrawals page, alongside the card and bank transfer brands. The broker publishes no crypto-specific minimum, maximum, fee, network or wallet detail, so those fields are left empty; the instant processing bucket follows the broker's general statement that deposits and withdrawals are instant and available 24/7, not a crypto-specific figure. Withdrawals require verification documents and one-time password verification, and the broker states it charges no deposit fees. | Free | Not recorded | Not recorded | Not recordedNot recorded | Instant |
One trading platform on record: MetaTrader 5.
MetaTrader 5 on web and the MT5 WebTrader, Windows, macOS and Linux desktops, and iOS and Android phones and tablets. Includes MetaEditor, hedging mode, 38 built-in indicators, 22 analytical tools and 46 graphical objects.
3 domains on record. All active and served over HTTPS.
2 legal entities behind the Assexmarkets brand.
Assexmarkets names Assexmarkets Global Ltd as the operating company. We could not confirm that registration on the registry.
3 other brokers on the record share what Assexmarkets offers — its country, regulator, account types or platforms — set beside it on the same measures.
Common questions about Assexmarkets
The central risk is that no financial regulator has been confirmed as supervising the business, so there is no supervisor to escalate a dispute to and no compensation scheme behind client money. Both of its companies are offshore registrations that no registry check has yet confirmed, the broker has traded only since 2024, and leverage advertised as unlimited on Leverage Plus can exhaust an account quickly. Its own published statements on funding speed and on support hours also disagree with each other.
Yes. Assexmarkets publishes a Percentage Allocation Asset Management account that opens from 250 USD. No commission figure and no leverage cap are published for it, which makes its cost harder to compare with the broker's other tiers.
Assexmarkets names the United States, the United Kingdom, Pakistan, Iraq, Iran, Uzbekistan, North Korea, Syria and Cuba in its own restriction statements, and its registration page also refers to Europe generally without naming individual countries. The three restriction statements it publishes list different countries, and it reserves the right to change the list without notice, so confirm eligibility before depositing.
The broker describes deposits and withdrawals as instant and available at all hours. Its own FAQ says all withdrawal requests are processed within 24 hours and gives receipt times of three to five business days for cards, three to seven for bank transfers and one to two for e-wallets. The same FAQ sets a general minimum withdrawal of 50 USD, not a minimum per method; the deposits page does not repeat it. Withdrawals require verification documents and one time password confirmation.
Yes. Assexmarkets offers swap free trading, so overnight interest is not applied to open positions. It publishes no separate Islamic account tier; the swap free terms apply to its four published accounts.
Spreads are variable: the home page quotes 0.15 pip on Standard and 0.10 pip on Leverage Plus, and from 0.0 pips on Raw Spread. Commission applies only on the Raw Spread account, at 2.50 USD per lot; the Standard and Leverage Plus accounts are commission free. Assexmarkets states that it charges no deposit fees, and it offers swap free trading.
Four accounts are published. Standard opens from 10 USD with leverage to 1:500 and no commission, Leverage Plus opens from 10 USD, is commission free and is advertised with unlimited leverage, Raw Spread opens from 100 USD with leverage to 1:500 and a commission of 2.50 USD per lot, and a Percentage Allocation Asset Management account opens from 250 USD.
Two companies carry the name. Assexmarkets Global Ltd is registered in Saint Lucia under number 2024-00223, at Ground Floor, The Sotheby Building, Rodney Bay, Gros-Islet, with a postal address at P.O. Box 838, Castries. AssexMarkets Global LTD is registered in the Union of the Comoros under number HT00925090, at Bonovo Road, Fomboni, Island of Moheli. The site states that MetaTrader 5 services are provided exclusively through the Saint Lucia entity. Neither registration has yet been verified against its corporate registry.
Assexmarkets offers live chat, email at support@assexmarkets.com and telephone support on +44 7897 073991, in English, French, German and Spanish. Its published support hours are Monday to Friday, 6 AM to 8 PM WAT, which does not match the round the clock support advertised on its home page.
The entry minimum at Assexmarkets is 10 USD, on its Standard and Leverage Plus accounts; Raw Spread opens from 100 USD and the PAMM managed account from 250 USD. The home page advertises the Standard and Raw Spread accounts at 1:500 and Leverage Plus with unlimited leverage, while the site's FAQ says leverage goes up to 1:500. The terms behind the unlimited claim are not published. The site says the cap available to a client depends on the restrictions that apply in their jurisdiction, and leverage at these levels enlarges losses as much as gains.
Assexmarkets publishes Mastercard, Visa, Maestro, bank transfer, e-wallets and Bitcoin as its funding channels, with deposits from one US dollar on the card and bank options. The broker states that it charges no deposit fees, while noting that some withdrawal methods may carry a fee set by the payment provider rather than by the broker. Withdrawals require verification documents and one time password confirmation. Its funding page names e-wallets only as a category, without listing individual wallets.
MetaTrader 5 is the only platform Assexmarkets offers. It is available in the browser and through the MT5 WebTrader, as a Windows, macOS and Linux desktop, and as an iOS and Android app for phones and tablets. The site publishes no other trading platform.
No regulator has been confirmed as supervising Assexmarkets, and the broker is held on record as unregulated. Its site footer claims a licence from the Mwali International Services Authority in the Comoros under number BFX2025110, but that claim has not been confirmed and the authority operates no public licence register, so it is recorded as claimed rather than held. The footer also describes the company's Saint Lucia registration, number 2024-00223, as authorisation; that is a corporate registration and not financial regulation.
Comments
Share your thoughts and experiences with Assexmarkets