Ascuex

After reviewing Ascuex, we assess it as a high-risk, likely fraudulent broker. Below we break down exactly why, and what your options are if you have already deposited.

Who is Ascuex?

On the surface, Ascuex looks like an ordinary forex and crypto broker. Its public site is presented at https://www.ascuex.com/. But surface impressions are exactly what these operations rely on — the substance behind Ascuex is where the problems begin.

Is Ascuex regulated?

We could find no evidence that Ascuex holds a valid licence from any recognised financial regulator. Trading client funds without authorisation is one of the strongest indicators of a scam — there is no regulator to complain to, and no protection for your money.

Red flags we identified

• Account dashboards that show “gains” with no real market exposure
• Offshore or shell-company registration used to avoid oversight
• Unrealistic profit claims and pressure to deposit more
• No credible physical address or verifiable corporate record
• Opaque or anonymous corporate ownership

Our analysis

According to its website, it claims registered by the Financial Services Regulatory Authority (FSRA), upon investigation, there is no matching information was found in the FSRA. The truth is that Ascuex is not regulated by any regulators. Letting it hold or control investors' money is unsafe and the money is can not be protected by any laws. Therefore, Ascuex is a scam.

Can you recover money lost to Ascuex?

If you have deposited with Ascuex, do not pay any further “fees” to withdraw — that is part of the trap. Funds sent to operations like this can sometimes be traced on-chain and pursued through the exchanges and processors that received them. Whether recovery is realistic depends on how you paid and how quickly you act.