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Score

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The WikiFX Score of this broker is reduced because of too many complaints!

Ascot Prime

United Kingdom|5-10 years|
Suspicious Scope of Business|High potential risk|

https://ascotprime.com/

Website

Rating Index

Contact

support@ascotprime.com
https://ascotprime.com/
The WikiFX Score of this broker is reduced because of too many complaints!

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

Open Now

Contact number

Other ways of contact

Broker Information

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Company Name

R Capital Group Ltd

Abbreviation

Ascot Prime

Platform registered country and region

United Kingdom

Company website

Pyramid scheme complaint

Expose

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Warning: Low score, please stay away! 4
Previous Detection : 2024-11-21
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The number of the complaints received by WikiFX have reached 9 for this broker in the past 3 months. Please be aware of the risk and the potential scam!
  • The SeychellesFSA regulation (license number: SD057) claimed by this broker is suspected to be clone. Please be aware of the risk!
  • The Seychelles FSA regulation with license number: SD057 is an offshore regulation. Please be aware of the risk!

WikiFX Verification

Ascot Prime · WikiFX Survey

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Ascot Prime · Company Summary

Ascot Prime Review Summary in Points
Company nameAscot Prime
Registered country/regionChina
RegulationUnregulated
Trading PlatformsMT4,MT5
Market InstrumentsForex
Maximum Leverage1:400
SpreadAs low as 0
Customer SupportLive chat (Monday – Friday: 8 am – 6 pm)
Email: support@ascotprime.com

Ascot Prime's official website: https://ascotprime.com/ is currently inaccessible normally.

Ascot Prime Information

Ascot Prime is a Forex broker registered in China, which provides forex transactions.

Pros and Cons

ProsCons
Maximum leverage 1:400Not regulated

Is Ascot Prime Legit?

You need to note that according to WiKiFX's investigation, Ascot Prime is currently not regulated by any recognized financial authorities.

Is Ascot Prime Legit?

What Can I Trade on Ascot Prime?

Ascot Prime advertises that it offers access to more than 100 tradable assets, including forex trading and some other unrevealed assets.

Tradable Instruments Supported
Forex
CFDs
Stocks
Commodities
Shares

Ascot Prime Fees

A leverage ratio of up to 1:400 is offered by Ascot Prime. Ascot Primes website claims on its home page that the spread starts from 0.0 pips.

Trading Platform

Ascot Prime provides two trading platforms, MT4 and MT5.

Trading Platform
Trading Platform
Trading PlatformSupportedAvailable Devices Suitable for
MT4PCAnyone
MT5PC, Mobile phoneAnyone

Deposit and Withdrawal

Ascot Prime says to take credit cards like Visa and MasterCard, Tether, bank transfers, etc. As its payment options. There is a 3% fee for credit card deposits. As for the processing time of deposit and withdrawal requests, it is immediate for credit card deposits and 1 to 3 days for bank transfer withdrawals.

Deposit and Withdrawal

Deposit Options

Deposit Options Min. DepositFees Processing Time
VisaNo mentionNo mentionNo mention
MasterCardNo mention3% handing feeInstant
TetherNo mentionNo mentionNo mention
Bank transfersNo mentionNo mentionNo mention

Withdrawal Options

Withdrawal Options Min. Withdrawal Fees Processing Time
VisaNo mentionNo mentionNo mention
MasterCardNo mentionNo mentionNo mention
TetherNo mentionNo mentionNo mention
Bank transfersNo mentionNo mention1-3 days

Review 9

9 Comments
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All(9) Latest Exposure(9)
Exposure
Naile the lie of “Small investment and high return” in Ascot Prime
The real experience of the victim:In this June, someone added Mr.Qiu through Wechat. At first he thought it was one of my friends and passed the request. He learned through chat that this netizen is doing financial investment. Recently, she invested in Ascot Prime and earned more than 300,000 RMB a month. She said it is a good way to make money and wanted to invite Qiu to participate.At first Qiu didn't believe it and paid no attention to her. Later in a long time, this netizen kept sending posts of traveling, food, etc., in Wechat moments. She told Qiu that the reason for her traveling everywhere is the money she earned through investment, Occasionally, she would also send he some screenshots of making money. She has a tongue in her head. They became friends unconsciously then. Later, she invited Qiu to join in the investment of Xintouzaixian. He agreed and invested at the very day. She then invited he to a group, where there is an investment advisor who teaches everyone how to operate. Many people in the group said they are making money.This netizen helped Qiu to follow the instructions of the advisor. As a result, he earned a few at first. The advisor said that everyone’s funds for the operation are not up to the requirements. He wanted to help everyone earn 300,000 RMB a month, which requires at least 300,000 RMB deposit for each person. And it is expected to double in one month. Many people in the group believe in the advisor and added the fund.Seeing so many members joining,Qiu also followed.Unexpectedly,there was a forced liquidation because of teacher’s order recommendation.Qiu has made all losses within these days.The the netizen comforted him,saying that the gains and losses were common in the market.Qiu was moved and added fund to recover losses.He lost all his hard-earned money of several hundred thousand yuan again,which made him despaired.
LanQ88666
2019-11-13
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