Assetrow

Assetrow is a retail forex and CFD broker offering trading services through its website assetrow.co. According to official records, the entity is registered in the United Kingdom and was founded in September 2022. However, its website claims a longer history dating back to 2005 and a registration in Nevis, a small Caribbean jurisdiction. The broker presents itself as an ECN/STP broker providing access to forex, indices, commodities, shares, and cryptocurrency CFDs.

Our records show that Assetrow is not regulated by any financial authority. The broker itself claims membership in The Financial Commission, an external dispute resolution body, and states it is registered in Nevis. These claims have not been independently verified by FXCanary. The absence of a recognized regulatory licence is a significant consideration for traders, as it means the broker is not subject to the oversight and client protections that regulated brokers must provide.

Assetrow offers three account tiers: Micro, STP, and ECN. The Micro account requires a minimum deposit of $1, the STP account $10, and the ECN account $100. All accounts offer maximum leverage of 1:500, which is relatively high and carries substantial risk. The broker advertises spreads from 0.0 pips on ECN accounts and commissions that decrease with higher account balances. The availability of high leverage and low spreads is designed to appeal to both retail and professional traders.

Assetrow's website indicates it uses the MetaTrader platform, a widely-used trading interface. The broker lists over 50 forex pairs, 35+ cryptocurrency CFDs, 600+ share CFDs, as well as indices, spot metals, and commodity CFDs. This range of instruments is competitive for a broker of its size. The platform supports automated trading, scalping, and all trading styles.

The broker accepts deposits and withdrawals through multiple methods, including China Union Pay, Paypaid, SEPA, Airtm, and FasaPay. Minimum and maximum amounts vary by method, and some methods incur fees. For example, SEPA withdrawals cost 5 EUR, while Paypaid charges 2%. The variety of methods may be convenient for international clients, but the fees and relatively low limits for some options could be a drawback.

Assetrow appears to target both beginner and experienced traders, with low minimum deposits and high leverage options. However, the lack of regulated status and relatively short trading history (according to official records) suggests that it may be more suitable for traders who fully understand the risks associated with unregulated brokers and who are willing to proceed with caution. The broker's own claims of a long history since 2005 conflict with official registration data, which raises questions about transparency.