About AssetManagement
About AssetManagement
AssetManagement is a trading broker registered in the United Kingdom since March 2021. The company's registered address is 46 Southwark Street, Southwark, London SE1. As of the latest available records, the broker does not hold any regulatory licence from the Financial Conduct Authority (FCA) or any other recognised financial regulator.
Despite being incorporated in the UK, the absence of regulatory oversight means that client funds are not protected by the Financial Services Compensation Scheme (FSCS) or the Financial Ombudsman Service. Traders should be aware that this significantly increases the risk of dealing with this broker.
Account Types and Minimum Deposits
AssetManagement offers three account tiers designed for different trader profiles. The Standard account requires a minimum deposit of $250, making it the most accessible option. The Gold account requires a $5,000 minimum deposit, and the VIP account requires a substantial $50,000 minimum deposit.
These high minimum deposit thresholds, especially for the Gold and VIP accounts, suggest that the broker primarily targets more experienced traders with larger capital. However, without independent verification, the actual trading conditions for these accounts remain unclear.
Leverage and Trading Conditions
The broker advertises maximum leverage of up to 1:500 for the Standard and Gold accounts, and the same maximum leverage is listed for the VIP account. Leverage of 1:500 is considered extremely high and carries significant risk, as small market movements can lead to large losses or complete loss of capital.
It is important to note that such high leverage is not permitted by most reputable regulators, including the FCA and ESMA, which cap leverage at 1:30 for major forex pairs. The availability of 1:500 leverage further underscores the lack of regulatory compliance.
Trading Platforms and Instruments
No specific trading platforms or instruments are listed in the broker's known records. Typical brokers offer platforms like MetaTrader 4 or 5, but AssetManagement does not disclose which platform it uses. Similarly, the range of tradeable instruments—whether forex pairs, indices, commodities, or cryptocurrencies—is not specified.
This lack of transparency is a major red flag. A legitimate broker would normally provide detailed information about its product offering to enable traders to assess suitability.
Deposits, Withdrawals, and Fees
There is no publicly available information regarding deposit and withdrawal methods, processing times, or fee structures. Reliable brokers typically provide clear details on funding options such as bank transfers, credit/debit cards, and e-wallets, as well as any associated charges.
Without such information, traders cannot make informed decisions about the cost and convenience of using this broker. This absence is another indicator of the broker's opacity.
Target Audience
Given the high minimum deposits for the Gold ($5,000) and VIP ($50,000) accounts, AssetManagement appears to target retail traders with substantial capital who are seeking high-leverage trading. However, the lack of regulatory oversight makes it unsuitable for risk-averse traders or those who prioritise fund security.
The Standard account, with a $250 minimum deposit, may attract less experienced traders, but the 1:500 leverage available at that tier poses extreme risk. Overall, the broker seems designed for traders willing to accept significant risk in exchange for the potential of high returns.
Risk Assessment and FXCanary Scam Risk Score
FXCanary’s independent research team has assigned AssetManagement a Scam Risk Score of 75 out of 100, indicating a 'Severe' level of risk. This score is driven by the lack of regulatory licences, the absence of transparent information about platforms and instruments, and the offering of extremely high leverage.
Traders are strongly cautioned to consider these risk factors before engaging with this broker. The combination of an unregulated entity and high leverage presents a dangerous proposition, and we advise conducting thorough due diligence or avoiding this broker altogether.
Overview compiled by FXCanary from regulatory records and public data. full AssetManagement review