FX Trading Master

United States
Generic selectors
Exact matches only
Search in title
Search in content

AskoBID Review and Tutorial 2021

» Visit

Stop United States not accepted.

Go to the Brokers List for alternatives

Facts & Figures

AskoBID offers multi-asset trading with a €250 minimum deposit & 1:500 leverage.

Awards

N/A

Bonus None
Instruments Forex, indices, shares, commodities, cryptocurrencies
Demo Account No
Min. Deposit €250
Pay Methods Visa
Min. Trade 0.01 lots
Regulated By None
MetaTrader 4 No
MetaTrader 5 No
cTrader No
ECN Account No
DMA Account No
Mobile Apps No
Auto Trading No
Social Trading No
Copy Trading No
Trade Signals No
Islamic Account No
CFD
FTSE Spread Not offered
GBPUSD Spread From 0.1
Oil Spread From 0.04
Stocks Spread From 0.17
Leverage 1:500
Forex

Trade two-dozen FX pairs with 1:500 leverage.

GBPUSD Spread From 0.1
EURUSD Spread From 0.1
EURGBP Spread From 0.1
Assets 24
Cryptocurrency

Trade cryptos against the USD and EUR.

Spread Variable
Coins BTC, ETH, LTC, XRP
Risk Warning – Your capital is at risk

AskoBID offers a restrictive exchanging stage, giving admittance to famous instruments, for example, money sets, raw petroleum and Bitcoin. This review jumps into the work area application, the record login cycle, stores and withdrawals. We’ll likewise see client reviews to respond to the inquiry ‘is AskoBID genuine or a trick?’ 

AskoBID Details

AskoBID is an unregulated representative set up in 2009. The organization offers a comprehensive exchanging administration across four records to suit distinctive experience levels. In addition, the scope of assets is accessible, including market examination and online courses. 

Trading Platform

AskoBID offers its restrictive stage to customers, which is straightforwardly available from the site. The location provides most of the fundamentals, including 11 time periods, three graph types, financial news and video tutorials. There are likewise 21 drawing devices and 17 specialized pointers, including MACD. Shockingly the product is feeling the loss of some mainstream pointers, nonetheless, like Bollinger Bands and Stochastics. By and large, the stage may function admirably for novices. However, it does not have the high level of exchanging devices and convenience of better-known industry competitors.

Markets

Brokers can get to 24 cash matches like EUR/USD and GBP/USD, just as nine stocks, including Google and Coca-Cola. There are additionally four records accessible (S&P 500, NASDAQ, Dow Jones, and DAX), nine crypto sets, including Bitcoin and Litecoin, in addition to items.

Trading Fees

The intermediary offers gliding spreads across all resource classes. But, shockingly, this review was frustrated that ordinary spaces aren’t made accessible, which focuses on an absence of straightforwardness. 

There are some extra charges, including a 10% inertia expense dependent on accessible record balance following 90 days of no utilization. Additionally, for the time being, financing charges on positions turned over into the following day.

Leverage

Influence is accessible up to a limit of 1:500. Therefore, new brokers ought to altogether investigate the dangers implied when exchanging power.

Mobile Trading

Sadly, AskoBID doesn’t offer any portable exchanging choices. This could be a significant issue for some forthcoming clients, as most dealers offer open and advantageous exchanges utilizing a mobile application.

Payment Methods

AskoBID offers four fundamental financing strategies: credit and charge cards, AlphaExchange e-wallet, global bank move, and neighbourhood bank move. Moreover, financing is just accessible in Euro. 

Store handling times are a moment for cards and e-wallets and up to 5 working days for global bank move. It can take up to 7 workdays for removed assets to show up in your record. As demonstrated in the merchant’s discount strategy, customers are dependent upon a 4% withdrawal charge

Demo Account Review

AskoBID doesn’t offer a demo or preliminary record right now. This is baffling as most representatives offer this for amateurs who need to evaluate the stage or experienced brokers who need to further develop their exchanging techniques without gambling real money. 

Bonuses

AskoBID offers a half-on-store invite reward to new dealers. However, the intermediary isn’t apparent as far as the amount you need to at a first store to be qualified. Merchants can check the agent’s site for impending arrangements.

Regulation

AskoBID is an unregulated business, so you will not have the lawful assurance offered by any semblance of the FCA if you are misled. However, the seaward nature and absence of straightforwardness on the specialist’s site should fill in as a notice to expected customers.

Additional Features

AskoBID offers some different assets, including ordinary market bits of knowledge and daily news in video design. In addition, there’s a handful of essential, instructive recordings and online classes, just like exchanging mini-computers and a monetary schedule. But, by and large, the contribution doesn’t contend with different intermediaries.

Trading Accounts

There are four record types on the proposal at AskoBID: Basic, Professional, Gold, and VIP. 

The base starting store is €250. All records offer influence up to 1:500 (which is fixed for the Gold and VIP accounts). Spreads are additionally specified in the Gold and VIP accounts. As you move from Basic to VIP, customers profit from account administrators, exceptional occasions, signals, and online classes.

Benefits

Advantages of exchanging with AskoBID include: 

  • Online courses 
  • Influence up to 1:500 
  • Admittance to TradingView

Drawbacks

This review additionally discovered a few hindrances: 

  • Unregulated 
  • No decision of stage 
  • Restricted exchanging resources 
  • Absence of straightforwardness around charges

Trading Hours

Forex is a 24-hour market, notwithstanding stage exchanging meetings differ from one agent to another. For example, trading sessions at AskoBID can be found by floating over the instrument image inside the location.

Customer Support

You can contact client assistance by filling in the online contact structure, messaging support@askobid.fm, or calling one of the global contact numbers on the site. There’s likewise responsive live visit support, in addition to Telegram. Finally, head to the agent’s site for office address subtleties.

Security

AskoBID shows an SSL identification on the site, which implies their foundation upholds safe industry-standard encryption frameworks. Level 1 PCI-agreeable installment processors likewise oversee all exchanges.

AskoBID Verdict

AskoBID has sadly given a few motivations to us to address on the off chance that they are genuine. Specific warnings propose that the merchant could be a trick, for instance, the opposing data and the absence of straightforwardness on the site. The shortfall of a demo account, versatile application, or decision of exchanging stages at AskoBID is additionally not a decent sign.

Accepted Countries

AskoBID acknowledges dealers from Australia, Thailand, Canada, United Kingdom, South Africa, Singapore, Hong Kong, India, France, Germany, Norway, Sweden, Italy, Denmark, United Arab Emirates, Saudi Arabia, Kuwait, Luxembourg, Qatar and most different nations. 

Merchants can not utilize AskoBID from the United States.

Alternatives to AskoBID

On the off chance that you are searching for options in contrast to AskoBID, we have ordered a rundown of the best five merchants that are like AskoBID beneath. This rundown of representatives like AskoBID is arranged by closeness and incorporates organizations that acknowledge dealers from your area. 

  • Fortrade – Fortrade is a multi-resource agent offering a bare live record with cutting-edge instruments. 
  • LegacyFX – LegacyFX is a multi-resource representative contribution to an MT5 download and free signals. 
  • EagleFX – EagleFX is a mainstream exchanging agent offering forex, stocks, cryptos and items. 
  • Infinox – Infinox is a UK-based dealer offering MT4 exchanging with tight spreads. 
  • Ayondo – Ayondo offers to exchange across a gigantic scope of business sectors and resources. They likewise provide negative equilibrium assurance and social exchanging.

FAQ

Is AskoBID genuine? 

Our review of the site and stage revealed a few concerns for straightforwardness and guideline. Some online client reviews have likewise whined about being defrauded by AskoBID.

Does AskoBID offer any deals? 

AskoBID offers a half-store reward for new customers. Information on future arrangements can be found on the intermediary’s site.

Is AskoBID regulated?

AskoBID is an unregulated merchant and will not give the degree of customer insurance to controlled bodies like the FCA or CySEC.

How do I open an account with AskoBID?

You can enlist for a record by filling in the online structure and making your sign-in accreditations. You will then, at that point, need to adhere to the guidelines to check your character.

What leverage is available at AskoBID?

The most potent influence accessible at AskoBID is 1:500 across all record types.

nn_NONorsk nynorsk