AssexMarkets, operating through assexmarkets.com, offers forex, cryptocurrency, commodities and CFD trading. The broker presents itself as an international regulated company, but its regulatory wording requires careful examination.
Company and Regulation
The website identifies Assexmarkets Global Ltd, registration number 2024-00223, with an address in Rodney Bay, Saint Lucia. It claims authorization by the country’s Financial Services Regulatory Authority under legislation covering international business companies.
However, company registration in Saint Lucia is not the same as a licence to provide regulated forex or CFD brokerage services. Independent broker checks report that they could not verify a valid financial-services licence matching AssexMarkets.
The website also describes itself as regulated by leading international authorities, but the public pages reviewed do not clearly name a recognised regulator, licence category and searchable licence number covering its brokerage activity.
Reviews and Withdrawal Complaints
The public reputation is mixed. Some customers praise the trading conditions, while others report blocked accounts, frozen balances, rejected withdrawals and support becoming unresponsive after withdrawal requests. These are customer allegations and cannot all be independently verified, but the repeated pattern deserves attention.
Main Risks
- Registration presented in a way that may be mistaken for brokerage regulation.
- No clearly verified licence from a recognised forex regulator.
- Offshore legal structure with limited investor protection.
- Complaints involving frozen funds and blocked accounts.
- Unclear independent compensation or dispute-resolution mechanism.
What to Do if AssexMarkets Delays a Withdrawal
Do not pay unexpected taxes, verification charges or account-unlocking fees. Ask the company to provide the contractual basis for every requested payment and submit the withdrawal request in writing.
Save account screenshots, emails, chats, payment receipts and trading records. Contact the bank, card provider or cryptocurrency exchange used for the deposit as soon as possible.
Avoid recovery services promising guaranteed results or requesting large advance payments.
Final Assessment
AssexMarkets appears to have a registered offshore company, but this should not be confused with verified regulation of forex and CFD services. The unclear licence status and repeated withdrawal-related complaints create substantial reasons for caution.
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