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A transparent weighted score from objective public data — each factor scored 0–100 (higher = riskier), combined by the weights below.
| Factor | Score | Weight |
|---|---|---|
| Regulation & licensing | 68 | 35% |
| Company age | 45 | 15% |
| Clone / impersonation | 0 | 12% |
| Withdrawal & exposure complaints | 0 | 12% |
| Offshore registration | 10 | 8% |
| Transparency (site/info/social) | 78 | 10% |
Based on public regulatory records, industry databases and independent reviews (Trustpilot, Forex Peace Army). Exit Risk reflects recent negative momentum in real reviews. A risk estimate from public data, not a definitive legal judgment; brokers may request a correction.
| Regulator | License type | License No. | Region | Status |
|---|---|---|---|---|
| CYSEC | Market Making (MM) | 117/10 | Cyprus | — |
| Account | Max leverage | Min. deposit | Min. spread | Commission | EA |
|---|---|---|---|---|---|
| VIP | 1:400 | $ 100 000 | -- | -- | ✓ |
| Premium | 1:100 | $ 50 000 | -- | -- | ✓ |
| Optimal | 1:100 | $ 20 000 | -- | -- | ✓ |
| Basic | 1:40 | $ 10 000 | -- | -- | ✓ |
| Start | 1:40 | $ 1000 | -- | -- | ✓ |
There aren’t enough independent reviews for AskMyBid yet to draw firm conclusions. The lack of public feedback is itself a caution sign for a smaller or newer broker.
0Based on its licenses and complaint records.
Market presence: WikiFX SkyEye · complaints: our records · licensing: official registers. Where you’re accepted is set by the broker’s own terms — always confirm before depositing.
AskMyBid is a forex and CFD broker based in Canada, with records dating to 2023-02-24. It reports oversight from CYSEC.
FXCanary’s verdict is “Guarded.” There are enough red flags that we’d urge caution before depositing.
Overview compiled by FXCanary from regulatory records and public data. full AskMyBid review
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