About DIGITAL ASSET
Who is Digital Asset Enterprise?
Digital Asset Enterprise (trading as DIGITAL ASSET) is a financial services provider incorporated in New Zealand on 7 January 2025. The company’s registered address is 80E Wyndham Street, Auckland Central. It presents itself as an investment platform, though the exact nature of its tradable instruments is not publicly disclosed. Based on user reviews, the broker appears to offer crypto mining or stacking investment plans.
The broker is not regulated by any financial authority, and its trustworthiness is heavily questioned by industry watchdogs. With a high FXCanary Scam Risk Score of 75/100 (Severe), traders are advised to exercise extreme caution.
Account Types and Minimum Deposits
Digital Asset Enterprise offers four account tiers: STARTER (minimum deposit $30), PROFESSIONAL ($500), BUSINESS ($6,000), and ENTERPRISE ($10,000). The broker does not disclose leverage, spreads, or commissions for any of these accounts. The absence of this information makes it difficult for traders to assess the cost of trading or investing.
Higher-tier accounts presumably offer better returns or benefits, but no details are provided in the broker’s public materials. The tiered structure suggests the company targets investors of varying capital sizes, from small retail participants to high-net-worth individuals.
Platform and User Experience
The broker claims to offer a smooth and user-friendly platform, with fast transactions and responsive customer support. User reviews on Trustpilot (4.5/5 from 24 reviews) corroborate these claims, describing the platform as easy to navigate and reliable. However, the limited number of reviews and the absence of regulatory oversight mean that potential traders should approach these testimonials with caution.
No information is provided about the trading platform itself (e.g., web-based, mobile app, or third-party software). The broker’s focus on mining or stacking suggests that the platform is primarily used for passive investment rather than active trading.
Deposits and Withdrawals
Digital Asset Enterprise does not publicly list accepted deposit or withdrawal methods. User reviews indicate that funding the account is straightforward, with one reviewer noting that a deposit mistake was quickly resolved by live chat. Withdrawals are described as fast and straightforward, with users reporting successful payouts.
Despite the positive feedback, the lack of transparency on payment methods is a red flag. Without clear information, traders cannot verify the security or reliability of the broker’s payment processing.
Regulatory Status and Risk
Digital Asset Enterprise is not licensed by any financial regulator. The broker operates without oversight from bodies such as the New Zealand Financial Markets Authority (FMA) or any other reputable agency. This lack of regulation exposes traders to significant risks, including potential fraud, misappropriation of funds, and inability to recover losses.
Industry databases confirm zero verified licenses, and the broker carries a severe scam risk rating. Traders should be aware that unregulated investment schemes, especially those promising consistent profits, often turn out to be unsustainable or fraudulent.
Who Is This Broker For?
Based on its offering, Digital Asset Enterprise may appeal to investors who are comfortable with high-risk, unregulated environments and are looking for simple passive income opportunities. The low minimum deposit ($30) makes it accessible to beginners, while the high-tier accounts cater to larger investors.
However, the broker is not suitable for risk-averse traders or those who require full regulatory protection, transparent fee structures, and clear information about tradable instruments. The severe risk score and lack of oversight mean that even positive user reviews may not guarantee a safe experience in the long term.
Overview compiled by FXCanary from regulatory records and public data. full DIGITAL ASSET review