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Askobid Review and Information 2023

Voting Rating Askobid does not participate in the Forex Rating
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Reviews Rating
Status Closed
Regulation Askobid is licensed and regulated by CySEC, ASIC and MiFID, meaning that they operate within strict guidelines with regards to documentation and account funding; this point should not be underestimated in today�s market, where many brokers operate outside the boundaries of regulatory bodies and offer little assurance to their clients.
Trading software Proprietary Platform, MetaTrader4
Headquartered Webgine Ltd, Spyrou Kyprianou 38, CCS Building, P.O.B 70091, Kato Polemidia , Limassol 4160, Cyprus. Fax: +357 25 333 067. Tel: +357 25 028 544

Askobid is a promising new European broker offering Forex, Stock indices and Commodities via their proprietary platform as well as the renowned MetaTrader4.

Askobid seems to be targeting a wide range of trader types with their one-stop-shop solution; a proprietary platform suited to the needs of new to mid-level traders, and a MetaTrader4 service that will be instantly familiar to and those looking for an 

Their multi-lingual website is attractive and easy to navigate, with clear explanations of the available account types, features and trading conditions on offer. Their support team was fast to respond to my Livechat request and they seemed to be very knowledgeable about the Forex market and their platforms. Support is available 24/7 via Livechat/phone/e-mail and you can actually contact them over the weekend if needs be. Askobid claims to place a high importance on educating their clients to be successful traders and to this effect they offer a decent amount of content aimed at achieving this, including multiple daily market reports, an “Academy” and webinars.

CySEC and ASIC regulation means Askobid is required to follow strict guidelines when dealing with deposits and withdrawals and although this may sometimes lead to a slower process (for deposits of $10,000+) it nevertheless means a greater level of security for anyone wishing to invest with them. For deposits of less than $10k the process is quite standard and takes up to ten minutes to fund an account. Payment methods in askobid forex include Wire Transfer, major Credit Cards and Moneybookers, via which users can use up to 30 additional “e-wallets”. From my experience their withdrawal process was relatively efficient, although be sure to send all the requested documents before you try to withdraw in order to avoid any potential processing delays.

Opening a Demo / Practice account with Askobid is straightforward and within 7-8 minutes of sign-up I was placing trades; the account is valid for 21 days, has a balance of $50k and gives an accurate impression of performance prior to investing in a Real account. Expect to receive a call from one of their support team within a couple of days. There are 3 choices when opening a Real account: Silver ($100+), Gold ($1000+) or Platinum ($10,000+), for which the spreads and features vary, as well as the level of first deposit reward, rated up to 30%.

Askobid’s proprietary platform is web-based which automatically presents the advantage of being able to login and trade from any computer/location in the world, even with a low bandwidth connection. In addition, a mobile trading application is slated for release sometime in 2010. askobid broker platform supports standard market functionality (including integrated charting tools, real time analysis feeds, Stop Loss, Entry Limit, “Take Profit”, One click order execution, No-deficit guarantee) as well as a range of unique trading modes; new traders will like the visual “Trade Station”, while more experienced speculators will appreciate the option of a more traditional orientation. One particularly useful feature is the “market sentiment” meter, giving the ability to see how other users are trading.

Order execution in askobid forex broker is fast and reliable and will satisfy all but the most impatient of scalpers, and those looking for the ability to hedge will not be disappointed. In terms of trading conditions, the offering is competitive and covers Forex, Stock Indices and Commodities, with acceptable spreads across the board (3 pips on majors). Leverage of up to 400:1 is available although the support team warned me against over leveraging my positions in order to limit my risk exposure. Not all brokers will voice their opinion in this manner, after all it is ultimately the client’s choice, however credit should be given for taking a responsible approach.

All in all, despite being a relative newcomer to an already bustling market place, Askobid appears to have put together a reliable product and service for anyone who wishes to trade multiple instruments, backed up by a high level of client support. They have designed a top notch platform and boast a variety of add-ons and tools that ultimately deliver the all inclusive “trading experience”. I can confidently recommend opening an account and wish you the best of luck with your investment.

On the broker’s profile page the rating visitors can leave askobid review as well as read askobid reviews written by other traders.

Askobid Trading Information 2023

WWW http://www.askobid.com/
Headquarters Webgine Ltd, Spyrou Kyprianou 38, CCS Building, P.O.B 70091, Kato Polemidia , Limassol 4160, Cyprus
Free phone +357 25 028 544
24 hour support
Partnership programs
Free education
Mobile trading
24/5 trading
Digits after the dot in quotes
Minimum position size
Spread Type
Pip spread on majors 1-3
Maximum Leverage 400:1
STP, $
ECN, $
Standard account, $ 100
Mini account, $ 100
Popular payment methods Credit Card, PayPal, Wire Transfer
Account currencies
Available assets metals, stocks
Languages English
Platforms Proprietary Platform, MetaTrader4
Broker type
Regulation CySEC, ASIC, MiFID

Askobid Reviews and Comments

Everything written here is true, it all starts with the usual 250 deposit Pounds or Euros. Together, with all the promises of a good rapid return on investments. Then a never-ending series of phone calls from various account managers, a certain "Alexey Burchin" in my case. To encourage further deposits, for instant payback deals. When one falls for this as I did, nothing happens no phone calls or Emails. Just as if they had never existed, I feel extremely foolish being many thousands out of pocket now. Mainly because had I read the reviews displayed here, I wouldn't be where I find myself, "Effectivly broke with all my savings gone" at my age seventy-eight when I made the error last year with little chance of putting things right. Being angry is one thing, but it doesn't help does it. My case is with the ombudsman at present, but I think with so many scams to deal with recently. A positve result is unlikley, but it's worth a try.
  25 Sep 2021  
I am in the same position and still being told I can get refund now, but it is shutting down next week. Never know who is telling the truth.
Ann   10 Feb 2022
Don't ever touch Askobid. You will never your money back, but I am working hard to close them down and I think I have found a way.
  30 Mar 2021  
Askobid is a big scam. I deposit 500 euros and they practicality stole my money by using Anydesk and getting control of my trades. They actually stole my money under my nose. They left me with 311,98 euros and they don't want to give it back to me. They invoq all the lies you can imagine, delays, manipulation and everything and they actually say it is your fault because you signed in on their platform, which is true , but when you ask for withdrawal all your founds and close your account, then it's their fault not yours anymore. Still struggling to get my money back. Don't trust a word they. Don't be become their client. They only want money, more and more free money to steal from you.
  12 Jan 2021  
It's a scam, be carefull, don't invest in their platform.
  8 Jan 2021  
Award-Winning NDD Execution

All client trades are executed with No Dealing Desk* intervention. Most trades are filled in under 10 milliseconds, with up to 2,000 trades executed per second.

Askobid, simply a scam. Investor a little at which time you are told your are locked within contact. The only way to retrieve you money is trade to a percentage of 100%. On a computer game that is programmed to rob you by preserving and therefore hitting the 100% bonus is then requested to be squared up. These people are obtuse untrue and therefore scum. A warning for all: Do not invest, do not follow any instructions, do not download anydesk or telegram. The tools of there elicit trade.
  26 Dec 2020  
Askobid is a big scam, don't fall into their trap.
  23 Dec 2020  
Recently I fell for this scam without reading reviews online. I immediately asked for a redraw of funds and it was not easy. After back and forth E-mails and phone calls from very rude Askobid agents, I was finally reimbursed the 250$.
  5 Dec 2020  
so you did get the money back? I'm struggling with that and would mean a lot if you could help me get mine back.
Rene   12 Feb 2021
Did you get the money back? could you please help me I still got $270 in the platform.
Rene P.   15 Feb 2021
I don't believe any good reviews left here are genuine. Does anyone else?
  17 Oct 2020  
Hey guys. How we can punish this company and all the who working there and are stealing money from us brave peolpe without being touched by any kind of law? I'm sock sick seeing u and myself loosing money to them. Somebody got an Idea how to make a huge strike against them?
  14 Oct 2020  
I also did not read the reviews and sent the required deposit of EUR 250. When an account manager called me and asked me to increase my deposit to 5000. to get a better profit and to recommend Askobid to my friends I realized what is going on and I did not start trading and immediately filed a withdrawal request. Since July 7 I am trying to get my deposit back, sent all the forms. I still get calls from different account managers who very aggressively want me to start trading or e-mails from Askobid banking requesting information which I sent more then once - to verify my account and withdrawal request. I am living in Austria an I reported the case to police but they told me there will be little chance to get my money back. So, stay away from Askobid.
  17 Sep 2020  
I decided to trade with this account with very little research as I was a beginner and excited. I initially deposited 250 euros and then a new manager stepped in to "guide" me and convinsed me to deposit more money into the account. Which was a horrible mistake. I spent all the money I had gathered, and had almost nothing left! Then I asked them to withdraw the money and even filled in the withdrawal request form however they said that I had a contract and that it needed to be closed first, so by closing it they started doing trades to get rid off all my equity. I was so confused and before I could even say anything. my account reached a negative equatiy which I didn't think was possible. Now the legal team have contacted me saying that I owe the bank money as they have reached to an agreement! I have nothing left with nothing to do. I decided to get a lawyer for now to ensure if i am being scammed or if they really kicked me over. Any advice or knowledge do you have that could help?
  13 Aug 2020  
I was told, if I invested 1000 I'd get back 2000 the next night into my bank account. that never happened. they lost the whole lot, so I phoned my bank and disputed it and my bank refunded me back my money. it's a scam, beware.
  3 Aug 2020  
Hello. Have you experienced them causing negative equity on your account? if so what happened?
shakar omar   13 Aug 2020
scam avoid! if you have money in your trading account then the banks can help you, it's your money. once it's gone, it's gone.
  24 Jul 2020  
I am waiting for my refunds, they are telling me, somebody will call from their office, it's been a week, It never happened till now. I suspect their activities. I will recommend these are big looters! Be careful!
  21 Jul 2020  
XM - Industry Leading Global Investment Firm - Big. Fair. Human.

Servicing more than 3.5 Mill clients from more than 190 countries in more than 30 languages. Over 2.5 Billion trades executed with no requotes or rejections. Access to 1000+ instruments from 6 asset classes, 16 full feature trading platforms, 4 trading account types, 25+ secure payment methods and 24/5 personal customer service.

Working with Askobid is waste of time and money. You will not earn any money with them. If you start working with them, they give you bonus money on your account. But they won't tell you that they are just fixtional numbers, you can not withdraw them at all!! So if you decide to withdraw from your account some amount of money, it can be only what you put in. So in the end you just waste your time with them, and lose money!
  17 Jul 2020  
All Askobid Reviews

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