ASX Capital (asxcapital.net) has been flagged by ASIC (Australia) for "Unlicensed". ASIC Investor Alert https://moneysmart.gov.au/check-and-report-scams/investor-alert-list#!asxcapital-asxcapital-com--2515
Addresses: Rte de Malagnou 101 1224 Chêne Bougeries Switzerland This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: asxcapital.net.
I trusted ASX Capital (asxcapital.net) with a significant portion of my savings and I deeply regret that decision. Not because of market losses, but because of how poorly the platform performed and how dismissively the support team treated my concerns.
Pros: Instant funding|Fast deposits|Regular platform improvements|Tax reports included
Cons: No integrated tax optimization
I am in a dispute with ASX Capital (asxcapital.net) 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: API access|Good analytical tools
Cons: Spreads widen during volatile periods|Alert system is basic
The platform itself is okay, but the customer service at ASX Capital (asxcapital.net) 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: Excellent charting|Fast deposits|Educational resources|Wide product range
Cons: Charting tools need more indicators|No phone support on weekends
After using ASX Capital (asxcapital.net) since early this year, I decided to move my account elsewhere. The platform was unreliable, withdrawals took an unreasonable amount of time, and I could never get a straight answer from customer service. Frustrating experience overall.
Pros: Demo account available|Portfolio tracking tools|Intuitive for beginners|Fast deposits
Cons: Help articles are sometimes vague|Research section could be deeper
I found ASX Capital (asxcapital.net) after seeing their ad online and the initial impression was positive. But since I retired last year later, I have encountered so many issues that I cannot recommend them. Trades failing, charts not loading, and support tickets going unanswered for days at a time.
Pros: Detailed reporting|Instant funding|Multi-device support|Easy to use platform
Cons: Slow to add new assets
I experienced a security concern with my ASX Capital (asxcapital.net) account and reported it immediately. Their response time was inexcusable for a financial platform. It took them four days to acknowledge my report and another week to actually address it.
Pros: Social trading features|Two-factor authentication
Cons: Nothing significant|Help articles are sometimes vague
ASX Capital (asxcapital.net) advertises low fees but once you dig into the fine print, there are numerous charges that add up quickly. Inactivity fees, withdrawal fees, currency conversion fees - it all eats into your returns. I wish I had read the terms more carefully.
Pros: Multi-device support|No hidden fees|Full transparency
Cons: Desktop app not available on Linux|Email notifications too frequent
ASX Capital (asxcapital.net) locked my account without warning and demanded documents I had already submitted. since I retired last year later I still do not have access to my funds. Their compliance team does not respond to emails. I am considering legal action.
Pros: API access|Professional team|Tax reports included|Easy withdrawals
Cons: Minor UI glitches occasionally
After for just over a year with ASX Capital (asxcapital.net), I can only describe the experience as death by a thousand cuts. No single issue was catastrophic, but the constant stream of small problems, slow responses, and missing features wore me down until I finally left.
Pros: API access|Multiple order types
Cons: Wish they had more educational resources
After spending for over three years trying to make ASX Capital (asxcapital.net) work for me, I have given up. The platform has too many limitations, the fees are not competitive, and the quality of their market data is questionable. There are much better options available.
Pros: Economic calendar|Fast execution|Demo account available
Cons: No integrated tax optimization