Gas Alrex 4.0 (ascend-fund-strategy.com) has been flagged by ASIC (Australia) for "Unlicensed". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: ascend-fund-strategy.com.
I found Gas Alrex 4.0 (ascend-fund-strategy.com) after doing extensive research and the initial impression was positive. But for roughly four months 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: Two-factor authentication|Personal attention
Cons: Research section could be deeper
Gas Alrex 4.0 (ascend-fund-strategy.com) changed their fee structure with one month notice. What was a flat fee became a percentage. For my account size it meant a huge increase. When I objected they said I could leave. So I am leaving and writing this review.
Pros: Tax reports included|Detailed reporting|Reliable uptime|Multi-currency support
Cons: Spreads widen during volatile periods|Limited demo account features
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. Gas Alrex 4.0 (ascend-fund-strategy.com) said it was market conditions. Same news, another broker filled me properly. They are not honest.
Pros: Smooth onboarding|Detailed reporting
Cons: Limited social trading features|No phone support on weekends
Do not be fooled by the professional-looking website. Behind the scenes, Gas Alrex 4.0 (ascend-fund-strategy.com) is disorganized and incompetent. I found them after comparing multiple platforms and I can only assume the positive reviews are either outdated or paid for because my experience was terrible.
Pros: Automated trading options|Clear documentation|Dividend tracking|Easy withdrawals
Cons: Onboarding videos are outdated|Minor UI glitches occasionally
Gas Alrex 4.0 (ascend-fund-strategy.com) had an outage that lasted several hours during a major market event. Not only did they fail to prevent it, but they also failed to communicate what was happening. We were left in the dark while our investments were at risk.
Pros: Competitive fees|API access
Cons: Mobile app could be improved
The platform at Gas Alrex 4.0 (ascend-fund-strategy.com) is riddled with bugs. Charts display incorrect data, order confirmations sometimes fail silently, and the portfolio tracker disagrees with actual positions. After for about ten months of dealing with this, I have had enough.
Pros: Copy trading available|Responsive team
Cons: Some tools only available on higher tiers|Mobile app could be improved
Gas Alrex 4.0 (ascend-fund-strategy.com) offers copy trading. I copied a top trader. The copy trades often executed at worse prices than the original. When I asked why they said it was due to latency and liquidity. So the feature is broken or they are skimming. Either way I stopped using it.
Pros: Demo account available|Fast support response
Cons: Spreads widen during volatile periods