Reported as a scam / unregulated
Why Askyolo is on the register
Askyolo claims to be the trade name of Askyolo Tech Limited, which is registered in Hong Kong under the registration number: 3145894. As forex traders, you should know that having registration does not mean it’s operating under any valid regulations in Hong Kong, all regulated forex brokers are monitored by the Hong Kong Securities And Futures Commission(HK SFC). However, we did not find any match results to Askyolo in HK SFC. That means Askyolo is not under valid regulations 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.