AssetGroup

AssetGroup is a forex and CFD broker registered in New Zealand, founded on April 15, 2021. The broker presents itself as a multi-asset trading platform offering over 300 instruments including stocks, currencies, precious metals, and indices. Its official domain is assetgroup.io.

The company aims to cater to traders of varying experience levels through four distinct account tiers with different minimum deposits and leverage options. As a relatively new entrant, AssetGroup positions itself as a flexible choice for traders seeking diverse asset classes and high leverage.

According to our records, AssetGroup currently holds no recognised regulatory licences from any financial authority. This absence of oversight means that traders do not benefit from standard investor protection schemes, such as compensation funds or dispute resolution services offered by regulated brokers.

The broker is registered as a company in New Zealand, but registration does not equate to financial regulation. Potential clients should be aware that trading with an unregulated broker carries inherent risks, including a lack of recourse in case of disputes. FXCanary's Scam Risk Score of 75/100 reflects these severe concerns.

AssetGroup offers four account types: MICRO, MINI, MACRO, and MAXI. The MICRO account requires a minimum deposit of $250 and offers a maximum leverage of 1:50. The MINI account requires $1,500 and provides leverage up to 1:75.

The MACRO account starts at $10,000 with leverage up to 1:100, and the MAXI account demands $25,000 with the highest leverage of 1:200. These tiered accounts allow traders to choose based on their capital and risk appetite, though higher leverage amplifies both potential gains and losses. The varying minimum deposits cater to different budget levels.

The broker claims a minimum spread of 0.3 pips, which is competitive in the industry if verified. The range of tradable instruments includes over 300 assets spanning forex, indices, commodities, and stocks.

However, specific details about trading platforms (such as MetaTrader 4/5 or proprietary software) are not available in our known records. Similarly, information on deposit and withdrawal methods, customer support, and execution policies is limited. Traders are advised to conduct thorough due diligence before committing funds, as the absence of regulatory oversight means these conditions cannot be independently verified.

FXCanary's Scam Risk Score for AssetGroup is 75 out of 100, indicating a severe risk level. This high score is primarily due to the broker's unregulated status and the limited public information available.

The lack of regulatory oversight means that there is no independent audit of the broker's operations, financial health, or client money segregation practices. Traders considering AssetGroup should exercise extreme caution and consider alternative, regulated brokers that offer transparency and investor protection.

AssetGroup is a relatively new broker based in New Zealand with a multi-account structure and competitive leverage offerings. However, its complete lack of regulation presents significant risks.

Prospective clients should weigh the potential benefits of flexible account options against the absence of investor protection. Without regulatory oversight, the broker's claims regarding spreads and instrument range cannot be independently verified. FXCanary recommends that traders prioritise safety by choosing regulated brokers with a transparent track record.