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Askyolo

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Operating status: SCAM

Website: https://www.askyolo.com/en/index.html

Broker violations and abnormal records
  • Aug 16, 2022 BrokersView has Reviewed that Askyolo is an Unregulated Forex Broker

    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.

    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.

Related Complaints

Q&A

Can I cancel my deposit?

Sonny Harper
Tuvalu
Oct 28, 2022
ANSWER Askyolo is not a licensed or regulated broker even though it states offers that look good to be true. 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. The truth is, Askyolo is not overseen by any regulators. That means your personal data or your funds in this broker are unsafe and cannot be protected by any law. We would recommend traders stay away from unregulated brokers like Askyolo and trade with licensed brokers.
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FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.

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