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Score

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0 1 2 3 4 5 6 7 8 9
0 1 2 3 4 5 6 7 8 9
/10

ASDA Securities

Pakistan Pakistan | 5-10 years |
Suspicious Regulatory License | Suspicious Scope of Business | High potential risk

http://asdalive.com

Website

Rating Index

Contact

+92 (21) 32467805 - 10
http://asdalive.com
406 - 408, 4th Floor, New Stock Exchange Building, Pakistan Stock Exchange, I. I. Chundrigar Road, Karachi - 74000

license Forex License

No forex trading license found. Please be aware of the risks.

Warning: Low score, please stay away!
  • This broker lacks valid forex regulation. Please be aware of the risk!
2

Basic Information

Registered Region
Pakistan
Operating Period
5-10 years
Company Name
ASDA Securities (Pvt.) Limited
Customer Service Email Address
asdasecurities@gmail.com
Contact Number
+92213246780510
Company Website
Website
Genealogy
Related Companies
Company Summary
Wiki Q&A
Comment

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Official Website

Website

  • asdalive.com
    184.154.121.27
    Server Location
    United States United States
    ICP registration
    --
    Most visited countries/areas
    --
    Domain Effective Date
    --
    Website
    --
    Company
    --

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ASDA Securities

Related Companies

ASDA SECURITIES (PRIVATE) LIMITED(Pakistan)
Pakistan
ASDA SECURITIES (PRIVATE) LIMITED(Pakistan)
Active
Pakistan
Registration No.0054487
Established
Related sourcesWebsite Announcement

Company Profile

Company Profile

Review summary

ASDA Securities Review Summary
Founded2015
Registered Country/RegionPakistan
RegulationNo Regulation
Trading ProductSecurities
Trading Platform/
Minimum Deposit/
Customer SupportPhone: +92(21) 32467804 - 10
Fax: 021- 32467804
Email: asdasecurities@gmail.com
Address: 406 - 408, 4th Floor, New Stock Exchange Building, Pakistan Stock Exchange, I. I. Chundrigar Road, Karachi - 74000

ASDA Securities Information

ASDA Securities is a Pakistani securities company founded in 2015. Although the company claims to be regulated, it is not actually regulated by any regulator and lacks transparency in terms of fee structure, so investors need to be cautious when making trades.

ASDA Securities' homepage

Pros and Cons

ProsCons
/No regulation
Limited trading products
Unclear fee structure
No info on deposit and withdrawal

Is ASDA Securities Legit?

ASDA Securities claims to be regulated, but it is not. Traders need to be cautious when trading.

No license
Domain information

What Can I Trade on ASDA Securities?

Trading ProductsSupported
Securities
Forex
Commodities
Cryptocurrencies
Bonds
Options
ETFs
Funds

Account Type

ASDA Securities offers 3 types of live trading accounts:

Account TypeFeatures
Internet Trading AccountA special account designed for individual investors who prefer to place orders online rather than through a broker by phone.
Margin AccountAn account where an investor only needs to deposit a portion of the funds as collateral (margin) with the broker to trade, allowing them to buy more stock without paying the full amount upfront.
Cash AccountAn account where the investor must fully fund all trades using the deposited amount, meaning they can only buy/sell shares equal to the funds in their account.
Account Type

Keywords

  • 5-10 years
  • Suspicious Regulatory License
  • Suspicious Scope of Business
  • High potential risk

Wiki Q&A

Is ASDA Securities safe and reliable?

Based on the WikiFX assessment, ASDA Securities exhibits a high-risk profile. The broker holds a low WikiFX score of 1.57, which reflects significant concerns regarding its operational structure and compliance background. Crucially, the entity operates without any valid authoritative forex trading licenses from recognized global regulators. This lack of regulatory oversight means standard investor protections, such as segregated client funds and dispute resolution mechanisms, are not guaranteed. Investors should exercise extreme caution.

16h
United States

Is ASDA Securities regulated?

No. According to WikiFX data, ASDA Securities (Pvt.) Limited does not hold any valid regulatory licenses from recognized financial authorities for forex trading. Its stated scope of business is flagged as suspicious, and it is categorized as operating with no regulation. Trading with an unregulated entity places all client capital and trading activity outside conventional financial oversight frameworks.

16h
United States

What is the minimum deposit of ASDA Securities?

A specific minimum deposit requirement for ASDA Securities is not publicly disclosed in available information. The lack of clear, transparent trading parameters is consistent with the broker's overall profile of limited operational transparency. Prospective clients are advised to approach with caution, as undisclosed financial terms can be indicative of an opaque business model.

16h
United States

Does ASDA Securities support MT4 or MT5?

WikiFX data does not confirm support for the MetaTrader 4 (MT4) or MetaTrader 5 (MT5) platforms by ASDA Securities. The broker's software index score suggests a basic technological offering. Without access to industry-standard platforms, traders may face limitations in tools, execution quality, and automated trading capabilities.

16h
United States
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