Asset Broxa has been flagged by Financial Conduct Authority for "Unregistered/Unlicensed entity offering financial products or services". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
The platform at Asset Broxa is riddled with bugs. Charts display incorrect data, order confirmations sometimes fail silently, and the portfolio tracker disagrees with actual positions. After for about eight months of dealing with this, I have had enough.
Pros: Dividend tracking|Market news feed|Economic calendar
Cons: Wait times can be long during peak hours
The onboarding at Asset Broxa was smooth which makes the subsequent experience even more frustrating. Once they have your money, the quality of service drops dramatically. Getting anyone to help you with an actual problem is nearly impossible.
Pros: Full transparency|Portfolio tracking tools|Helpful community forum
Cons: Email notifications too frequent|Mobile app could be improved
Several red flags with Asset Broxa: (1) They promise unrealistically high returns, (2) They're not registered with Financial Conduct Authority, (3) Their contact information is vague, (4) They pressure you to deposit quickly. I recommend everyone do thorough due diligence before investing with any company.
Cons: Not registered with regulators|Unrealistic promises
Their execution during news is terrible. I had limit orders in place. When the news hit, my orders were not filled at the limit price - they were filled much worse. Asset Broxa said it was market conditions. Same news, another broker filled me properly. They are not honest.
Pros: Regular updates|Wide product range|Good mobile app
Cons: Search feature is basic|No dark mode on mobile
I referred a friend to Asset Broxa through my accountant's suggestion. We both deposited. The referral bonus never arrived. Support said we did not meet the terms. When we asked which terms they pointed to a clause that was added after we signed up. Shady.
Pros: Portfolio tracking tools|Social trading features|Regular updates
Cons: No integrated tax optimization|Currency conversion fee exists
I am in a dispute with Asset Broxa over a trade that was clearly erroneous. The price shown was wrong, I closed at a profit, and they reversed the trade and took the money back. They said it was a system error. So I lose and they keep? Unacceptable.
Pros: Helpful community forum|Dividend tracking|Fast execution
Cons: Limited social trading features|Desktop app not available on Linux
Opened my account with Asset Broxa through my accountant's suggestion and regretted it within the first month. The platform crashed during a critical moment, I lost potential gains, and support basically told me it was not their problem. Absolutely unacceptable behavior.
Pros: Customizable dashboard|Responsive team|Regular updates
Cons: No crypto staking|Limited demo account features
The platform itself is okay, but the customer service at Asset Broxa is truly awful. I waited weeks for a response to a simple inquiry. When they did respond, it felt like a generic template that did not address my specific issue at all.
Pros: Good mobile app|Competitive fees|Easy to use platform
Cons: Minor UI glitches occasionally
I wanted to transfer my portfolio from another broker to Asset Broxa. They said they do not accept in-kind transfers for my asset type. I had to sell, withdraw, deposit, and rebuy - incurring taxes and spread costs. They did not tell me this before I signed up.
Pros: Real-time alerts|Responsive team|Automated trading options
Cons: No phone support on weekends|No integrated tax optimization
The only good thing about Asset Broxa is that they remind you why regulation matters. I found them through word of mouth in my investment club. They are regulated in a jurisdiction with weak consumer protection. When things went wrong I had nowhere to turn. Stick to well-regulated brokers.
Pros: Great customer service|Professional team|Smooth onboarding
Cons: Nothing significant|Slow to add new assets