Reported as a scam / unregulated
Why AsiaTradeFX is on the register
AsiaTradeFX is not a reliable broker for traders even though it states offers that look good to be true. AsiaTradeFX claims to be regulated by the Indonesia Commodity Futures Trading Regulatory Agency (BAPPEBTI) under the regulation number: 873/BAPPEBTI/SI/1/2006. We do find a match result to AsiaTradeFX in BAPPEBTI. But please be informed that BAPPEBTI is not a regulatory authority that issues licenses for forex trading or regulates forex activities. The truth is that AsiaTradeFX is not under valid regulation to do forex by any regulators. Investors’ funds in this broker are unsafe and cannot be protected by any law. Therefore, it is a scam.
If you have money with this broker
- Stop sending funds. Do not pay any further “fees”, “taxes” or “verification” charges to release a withdrawal — this is a common secondary scam.
- Preserve evidence. Save transaction IDs, wallet addresses, chat logs, and every screenshot before the account is closed.
- Report it. Notify your bank/exchange and your national financial regulator so the activity is on record.
- Get guidance. Tell us what happened and we will point you toward the right next step. We are a free public registry — we never charge any fees.
SentFunds is an information and referral service. Listing reflects reported concerns and public findings; it is not a legal determination.