Assetcoininvestment is a contract for differences (CFD) broker officially registered on September 13, 2023. The brokerage mainly offers a wide range of trading markets through platforms such as MT4, MT5, and cTrader, including forex, commodities, indices, bonds, cryptocurrencies, stocks, futures, etc. It does not provide services to jurisdictions that may violate local laws or regulations.
Company Registration Information and Regulatory Status:
In fact, assetcoininvestment is a deceptive website of the scam broker Asset Coin Trades, with its official website only displaying the logo "ASSET COIN Investment" and referring to itself as Asset Coin Trades in the actual content without any mention of assetcoininvestment.
Furthermore, the bottom of its website page displays "Asset Coin Trades is regulated by the Financial Services Administration (FSA) of San Diego, California, with a securities dealer license number of SD018." Upon verification, the so-called Financial Services Administration (FSA) of San Diego, California, does not exist. This information is actually the misappropriation of broker IC Markets' registration information with the Financial Services Authority (FSA) in Seychelles.
Moreover, clicking on "Regulation" on the broker's official website redirects to a "Why assetcoininvestment" page, where at the bottom, its brand name changes to "Wealth For Homes Best Trading" again.
Opening an Account:
To open an account with assetcoininvestment: Visit the broker's homepage and click on "Sign up" in the top right corner of the webpage. Enter your name, email address, phone number, and set up a login password. Once submitted, the account registration will be successful.
Trading Plans:
Assetcoininvestment offers three different types of trading plans: Start Up Plan, Re-Investment, Big Earners Plan.
Start Up Plan:
- Return period: 7 days
- Daily return rate: 15%
- Minimum opening amount: $300
- Maximum opening amount: $24,999
Re-Investment:
- Return period: 7 days
- Daily return rate: 33%
- Minimum opening amount: $25,000
- Maximum opening amount: $49,999
Big Earners Plan:
- Return period: 1 month
- Daily return rate: 80%
- Minimum opening amount: $50,000
- Maximum opening amount: Unlimited
Trading Platforms:
Assetcoininvestment claims to provide trading platforms such as MT4, MT5, and cTrader, but it does not provide related download links, and the broker named assetcoininvestment cannot be found on these platforms.
Deposits and Withdrawals:
Assetcoininvestment supports deposits and withdrawals through credit/debit cards, e-wallets, and bank transfers.
Conclusion:
Traderknows warns investors that assetcoininvestment is actually a scam website plagiarizing the brokerage IC Markets. It is recommended that investors choose brokers with transparent information, strong regulatory oversight, and good reputations for their trading activities to avoid unnecessary financial losses.
Currently, this broker is marked as "Scam" on Traderknows.
