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Askobid

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2 Reviews

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3.59/5

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1.67

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    What are the differences in regulations for each

    License

    A Grade License

    Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

    B Grade License

    Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

    C Grade License

    Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

    D Grade License

    From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

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    Get to know Askobid

    Askobid is a promising new European broker offering Forex, Stock indices and Commodities via their proprietary platform as well as the renowned MetaTrader4. Askobid seems to be targeting a wide range of trader types with their one-stop-shop solution; a proprietary platform suited to the needs of new to mid-level traders, and a MetaTrader4 service that will be instantly familiar to and those looking for an Their multi-lingual website is attractive and easy to navigate, with clear explanations of the available account types, features and trading conditions on offer. Their support team was fast to respond to my Livechat request and they seemed to be very knowledgeable about the Forex market and their platforms. Support is available 24/7 via Livechat/phone/e-mail and you can actually contact them over the weekend if needs be. Askobid claims to place a high importance on educating their clients to be successful traders and to this effect they offer a decent amount of content aimed at achieving this, including multiple daily market reports, an “Academy” and webinars.

    Industry

    • Forex Retail BrokerPRIMARY

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    TrustFinance Intelligence Agency

    Research date: Jun 17, 2024

    AskoBID is an unregulated broker established in 2009, offering an all-inclusive trading service across 4 accounts to suit different experience levels.

    AskoBID is an unregulated broker established in 2009, offering an all-inclusive trading service across 4 accounts to suit different experience levels.

    The FCA warns that Askobid may be providing financial services or products in the UK without authorization.

    The FCA warns that Askobid may be providing financial services or products in the UK without authorization.

    AskoBID CFDs has a rating of 2 stars from 4 reviews, indicating that most customers are generally dissatisfied with their purchases.

    AskoBID CFDs has a rating of 2 stars from 4 reviews, indicating that most customers are generally dissatisfied with their purchases.

    Askobid is accused of being a big scam, with users reporting theft of their money through unauthorized control of their trades.

    Askobid is accused of being a big scam, with users reporting theft of their money through unauthorized control of their trades.

    AskoBID is an unregulated broker established in 2009, offering an all-inclusive trading service across 4 accounts to suit different experience levels.

    AskoBID is an unregulated broker established in 2009, offering an all-inclusive trading service across 4 accounts to suit different experience levels.

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