About ASKAP FUTURES
Company Overview
ASKAP FUTURES, operating under the official domain askapsocial.com, is a forex and futures trading firm registered in Indonesia. The company was founded on February 26, 2019, and lists its head office at Senayan City, Panin Tower Lt. 22, Jl. Asia Afrika Lot 19, Jakarta 10270.
Despite being registered with Indonesia's commodity futures trading regulator BAPPEBTI, independent verification indicates that the broker currently does not hold a valid regulatory license. This raises significant concerns for traders considering the platform.
Regulatory Status
The broker is listed with BAPPEBTI, the Indonesian regulatory body for futures trading, but the status of this license is not confirmed. Our review, based on aggregated industry data, suggests that the license may no longer be active or valid.
This lack of effective regulation means that traders using ASKAP FUTURES do so without the protections afforded by a fully regulated broker, such as negative balance protection or access to compensation schemes.
Background and Location
ASKAP FUTURES is based in Indonesia, a jurisdiction where forex and futures trading is legal but regulatory oversight can be inconsistent. The company's registered address in Jakarta's Senayan area places it in a major business district.
Founded in early 2019, the broker is relatively new but has not established a strong presence in verified industry databases. The absence of independent user reviews further limits available information.
Trading Offering
According to its corporate description, ASKAP FUTURES provides forex and futures trading services. However, specific details about tradable instruments, account types, platforms, or funding methods are not publicly available from trusted sources.
Prospective traders should exercise caution, as the lack of transparent information makes it difficult to assess the broker's service quality and reliability.
Risk Considerations
With a FXCanary Scam Risk Score of 39/100 (Guarded), ASKAP FUTURES presents a heightened risk profile. The combination of an unverified regulatory license and limited public information makes this broker unsuitable for most traders, especially those seeking a regulated environment.
Traders considering ASKAP FUTURES should perform thorough due diligence and be aware of the potential risks associated with unregulated brokers.
Overview compiled by FXCanary from regulatory records and public data. full ASKAP FUTURES review