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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

ASL

Pakistan Pakistan | 5-10 years |
Questionable Regulatory License | Suspicious Operational Region | High Potential Risk

http://askarisecurities.com.pk/

Website

Rating Index

Contact

+92 51 2894521 – 3
http://askarisecurities.com.pk/
Office # 512, 5th Floor, ISE Towers 55 B, Jinnah Avenue Islamabad Pakistan

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
Askari Securities Ltd
Email
service@askarisecurities.com.pk
Contact Number
+925128945213
Verified Site
Relationship Map
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About Us
Wiki Q&A
Comment

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Official Website

Verified Site

  • askarisecurities.com.pk
    192.185.75.146
    Server Location
    United States United States
    ICP Registration No.
    --
    Top Visitor Locations
    --
    Creation Date
    --
    Website Name
    --
    Company
    --

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ASL

Related Companies

ASKARI SECURITIES LIMITED(Pakistan)
Pakistan
ASKARI SECURITIES LIMITED(Pakistan)
Active
Pakistan
Registration No. 0040631
Est. Date
Source Official Statement

Company Profile

Company Profile

Review summary

Note: ASL's official website: http://askarisecurities.com.pk is currently inaccessible normally.

ASL Information

The best thing about ASL is that it has a lot of different financial products and account types to meet the needs of all investors. The main problem is that it isn't regulated by major financial authorities, and the official website can't be reached right now, which raises the risk of dealing.

ASL Information

Pros and Cons

ProsCons
Provides a range of trading toolsUnavailable website
Several kinds of accounts accessibleUnregulated by major financial authorities
Offers client service via several outletsLimited trading fee and spread information
Support App VersionLimited commission and leverage information

Is ASL Legit?

Registered in Pakistan, ASL does not seem to be under control by any financial authorities back home. Furthermore not under control of well-known international regulating authorities like the Australian Securities and Investments Commission (ASIC) or the Financial Conduct Authority (FCA) in the United Kingdom is ASL.

Is ASL Legit?

The WHOIS inquiry results show that December 2, 2008 saw registration of the name “askarisecurities.com.pk”. Right now the domain is registered and in operational state. The domain is set to expire December 2, 2024. The domain's name servers are ns.nayatel.com and ns3.nayatel.com.

Is ASL Legit?

What Can I Trade on ASL?

ASL offers a wide range of trading products, such as mutual funds, commodities, and stocks.

Tradable Instruments Supported
Forex
Commodities
Crypto
CFD
Indexes
Stock
ETF
What Can I Trade on ASL?

Account Type

Three different kinds of accounts are offered by Askari Securities: Standard Account, Digital Account, Roshan Digital Account.

Account TypeSuitable ForFeatures
Roshan Digital AccountNon-resident PakistanisInvestment in Pakistan's stock market remotely
Digital AccountTech-savvy tradersOnline trading and digital transactions
Standard AccountTraditional investorsPersonal guidance and support

Trading Platform

Trading PlatformSupported Available Devices Suitable for
Desktop TerminalDesktopAll types of traders
Mobile AppMobile (iOS, Android)Traders who need flexibility and mobility
Web TerminalWeb BrowserTraders who prefer online trading without installing software
Trading Platform

Customer Service

ASL offers customer service via phone, email, and social media among other outlets.

Contact Options Details
Phone+92 51 2894521 – 3
Emailinfo@askarisecurities.com.pk, service@askarisecurities.com.pk
Support Ticket System-
Online Chat-
Social MediaFacebook: https://www.facebook.com/AskariSecurities
Supported LanguageEnglish
Website LanguageEnglish
Physical Address-

The Bottom Line

ASL offers many investment options and account types for investors. The absence of regulation and website inaccessibility are major concerns. ASL may be suitable for Pakistani investors but risky for those seeking safer and more regulated trading.

FAQs

Is ASL safe?

ASL is not regulated by major financial authorities.

Is ASL good for beginners?

ASL offers various account types that can cater to beginners.

Is ASL good for day trading?

ASL offers platforms like the Desktop Terminal and Mobile App which are suitable for day trading.

Is it safe to trade with ASL?

Trading with ASL may pose risks due to the lack of regulation and the current inaccessibility of its website.

Company Profile

  • 5-10 years
  • Questionable Regulatory License
  • Suspicious Operational Region
  • High Potential Risk

Wiki Q&A

How safe is trading with ASL?

Trading with Askari Securities Ltd (ASL) presents a severe risk warning. It is an unregulated entity with no credible licensing, and its critically low WikiFX score of 1.57 indicates a complete lack of standard operational and financial safeguards for traders.

04-02
United States

Which regulator oversees ASL?

Askari Securities Ltd (ASL) is not overseen by any mainstream financial regulator. The entity operates without any verifiable licenses, placing all associated activities outside the formal oversight frameworks established to protect traders' funds and interests.

04-02
United States

When was ASL established?

Askari Securities Ltd (ASL) has been in operation for an estimated 5 to 10 years. The company is based in Pakistan.

04-02
United States

What is WikiFX, and how does it help investors?

WikiFX is a third-party platform that provides forex broker information inquiry and risk alerts. This type of platform mainly integrates brokers' regulatory information, user feedback, and historical records, and conducts comprehensive evaluation through a multi-dimensional model to help investors quickly understand the broker's basic situation and potential risks. By using such tools, investors can conduct preliminary screening before choosing a broker, thereby reducing decision-making risks caused by information asymmetry.

04-02
United States

How is the WikiFX Score calculated?

WikiFX ratings are calculated based on a multi-dimensional data model, mainly including five dimensions: regulatory index, license index, business index, risk control index, and software index. The rating adopts a range system (0-10 points). The higher the score, the higher the broker's overall performance level. In addition, ratings are dynamically updated according to regulatory changes, complaint handling results, and historical data performance, making the rating more objective and timely. You can check the scores of each dimension and their trends on the WikiFX platform to evaluate the broker's actual situation more comprehensively.

04-02
United States

What is a clone broker website?

A cloned broker website refers to a fraudulent website that imitates the information of a legitimate broker. Such websites usually copy the real company's brand name, page design, and even regulatory information to mislead investors into making deposits. Common features include: a domain name highly similar to the official website (such as slight spelling differences), abnormal or unverifiable contact information, and promises of unusually high returns. Once funds enter such platforms, they are usually difficult to recover. Investors can identify potential risks by checking the official domain name, verifying regulatory information, and using WikiFX for cross-verification.

04-02
United States

Can I recover my funds if I have been scammed by a broker?

Recovering funds after investment fraud can be difficult, but taking timely action may still help recover part of the losses. It is recommended to take the following actions immediately: keep trading records, chat records, and other evidence; contact the bank to try to stop or freeze the payment; report the case to local law enforcement agencies. In addition, investors can also use WikiFX complaint and exposure channels to increase the visibility of problematic platforms and improve the efficiency of rights protection.

04-02
United States

How should I compare different forex brokers to find the best one?

To compare different brokers, investors can make comprehensive judgments from multiple dimensions such as regulatory qualifications, overall ratings, trading environment, account conditions, and user feedback. In general, priority should be given to regulatory status and license information, followed by WikiFX ratings and various indexes (such as risk control, software, and business indexes). At the same time, trading conditions (such as spreads and execution speed) and account information (such as minimum deposit and account types) should also be compared. In addition, user reviews, exposure records, and risk assessment information can also be considered to evaluate broker safety and trading experience from multiple aspects. The WikiFX platform also provides multi-dimensional broker comparison tools. Users can select different brokers for visual comparison and comprehensive analysis, so as to make decisions more efficiently.

04-02
United States
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※ WikiFX compiles data from publicly available sources and user contributions. While we endeavor to maintain its accuracy, we do not warrant the information's completeness, accuracy, or timeliness, as it may become outdated. Investors are strongly advised to verify critical details with official sources before making any decisions.
You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
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