AsiaFXI Review – Is this broker really a scam?

AsiaFXI is a forex broker that despite the name seems to take clients from all over the world. They claim to have offices and hundreds of staff located worldwide but only displays the address 2nd & 7th floor Dzirnavu iela 57A,Riga, LV -1010, which is a Latvian address. On their website they state that their system was built by traders for traders and state that it is in their best interests for their clients to be successful when trading.


Different account types

AsiaFXI currently offer a wide variety of different accounts seemingly making sure that there is something for everyone. They have demo accounts, premium vip accounts and even an option that caters to potential clients who with religious requirements although one thing to note is they do not use offer the widely popular MT4 platform.

Demo Account

AsiaFXI offers a demo account for customers to test out their platform. Their demo account will give you a simulated $100,000 of fake cash for you to carry out test trades by just creating a basic free account.

AsiaFX Islamic Account

As the name suggest this account type caters towards those who follow the muslim religion, it has features like no rollover interest on overnight positions, no spread widening and no upfront commissions and other features which they claim to make okay for muslim clients.


Starter, Standard and Pro


Starting at just a minimum $100 deposit you can get access to the starter account which includes an account manager and access to their trading tools and a you also get a 30% welcome bonus. If you are a more experience trader or just have more money to spend then the PRO account will grant you a 75% welcome bonus and unlimited access to 1 on 1 training as well as a specialist AsiaFXI account manager.



AsiaFXI offer support 24 hours per day 5 days week Monday to Friday through email, live chat or phone. If you want to phone them then you can via +37167660121 or through email at where response times will most likely be slower than say phoning them up.



AsiaFXI offer an economic calendar for visitors to their website and you don’t have to sign up for that, looking it right now I can see that tomorrow will be the BBA Mortgage approval which could help me make a profitable trade. They also have currency converter that you can use if you are trading currencies.

Payment methods

If you are creating a paid account with AsiaFXI then you can deposit money into your account through Skrill, Neteller, Paypal or via local bank transfer. Each method will have different pro’s and con’s for example bank transfer might have more fee’s than say Skrill


When looking the regulation page on their website they state word for word that “AsiaFXI offers a Forex solution under a fully licensed and regulated environment. It is operated by IFX Investment House ,its  a Financial it’s a Services Company” which doesn’t really make any sense in my opinion so it looks like AsiaFXI might be an unregulated broker unless they have information that they have no updated on publicly on their website.

Have you opened an account with AsiaFXI? Let me know how it went for you bellow in the comments.




  • Iam jayaraj.. iam very poor family..i am invesment first 1000$ doller after my account manager mr.venket say you depposite 2000$ you will get 5000 saftware..your send my firt withdraw..but not come my bank aacount..after any body no respone for 20 days pls help me i wand my money plz hellp me

  • Now my profit 15450$ but and mr.suresh responce me i get my 3000$ plz help any one i am poor family …my father is death ..only mother(65) she is stile work…my family depend me my age is 22 plz help any one i wand my money

  • AsiaFXI Europe Lavia No:1 Scam Company
    I am invested in this company 3700USD. i never withdraw even one dollar also the company is totally fake and 100% SCAM don’t trust that company. When i raise complain against this company they are closed my account but the never give my money back. Every time they are saying today tomorrow etc but the never give my money back
    And there is a person Mr. Suresh and Venkat, hazaam ajmal in financial department he also says you don’t get even single dollar with our company you can do anything. But you don’t get your money try your level best she says. i have all documents .
    And call recordings and all evidence against this company i am going to report international wide if they are not give my money. i am sure about this.
    DON’t Trust this company Please

    Pease Click this link you will get a complaints

    The company details are given below.
    Contact No: +37167660121
    127.2 2nd floor alfred Avenue, 10208, P.O.Box 28132, Nicosia, Cyprus

  • This company is cheater, they are taken my money of $20000 and informed me that, they are crediting of $86600 bonus to my bank account from 14-11-2017 to 06-12-2017. I had requested them provide the details of transaction, the transaction provided by them is phishing and they informed me they transfer the amount on 06-12-2017 and their team also confirmed that, they will pay, if the amount not credited to my account within 46 hours i.e. 08-12-2017. Till the amount not credited to bank account and they are not responding to my mails.
    Before depositing they call me numerous times, till they got the money. Now, they are not answering and no information from them. Their online chat also not working. They came online for 1 or 2 minutes and disappear without any answer
    This company and its staffs are cheater and liar.

    Don’t trust the company and people is using domine and their registration company and registration number are

    Safecap Investments Ltd
    148, Strovolos Avenue, 4th Floor, Strovolos CY-2048 Nicosia
    Licence Number: 092/08
    Licence Date: 28/07/2008
    Company Registration Number: 186196
    Telephone: + 357 22 232 248, Fax: + 357 22 341 918
    Pass the above details to all and inform them to complaint. Every one will get their monies and also raise the complaints on the website

    • Thanks for sharing Narendra and sorry to hear that. Hopefully they return your money eventually but if they don’t you could try talking to someone from MyChargeBack. They have helped return a lot of money.

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