AsicMiningOption review – Is scam or safe?

AsicMiningOption review – Is scam or safe?

Beware! AsicMiningOption is an offshore broker! Your investment may be at risk.


AsicMiningOption Key Facts

🔴 AsicMiningOption sells suspicious products and services. A scam sign!

🔴 AsicMiningOption doesn't operate transparently. Red flag!

🔴 AsicMiningOption have no license to offer financial services. Red flag!

🔴 AsicMiningOption is a young domain. A disturbing sign!

AsicMiningOption products and services

First off, we have to say that their website is absolutely identical to other sites registered on the same IP address. This fact plus the ridiculous statements make it easy to confirm it's a scam. The differences between the websites, and are insignificant.

AsicMiningOption is allegedly a Bitcoin exchange, which offers investment packages, too. Their basic plan is said to bring 95% profit per month. It's a scam sign whatsoever because such a rate of return is not possible. You can't find a legit business offering such fixed-income profitability.

People should always be cautious when dealing with businesses offering enormously high yields because it's scammers' trait to promise big and create unrealistic expectations. In reality, regulated financial companies cannot secure more than a few percents annually with their fixed-income products. There is a huge discrepancy between these offers and the regulated companies standards. Judging by the products and services they sell, we suspect it's a scam, so beware.

AsicMiningOption company and regulation is the website of Asic Mining Option, a company that doesn't really exist. They claim to have a market cap of 198.76 billion USD, which is a lie. The website isn't in any way associated with licensed companies, so given the well-known facts till now we confirm it's a scam. Traders and investors had better verify that they are dealing with licensed and regulated companies only. Read on to understand why it's risky to get involved in fraudulent schemes like this one.

The US financial services regulation is very complex in the USA. Derivatives markets regulation is a responsibility of CFTC and NFA. Forex brokers and most of the investments companies have to be NFA members and CFTC registered to operate in the USA. On the other hand, securities markets are controlled by the SEC, a government independent agency responsible to maintain the integrity of the financial markets.

While SEC focuses more on the procedure regulation insisting on financial reports and management discussion and analysis, NFA and CFTC impose pretty straightforward requirements. To become authorised the companies have to provide 20 million USD in paid-up capital, which is considered a guarantee that the businesses can survive in turbulent times and pay whenever they have to. 

Other customer protection measures include clients’ accounts segregation and leverage restrictions for forex brokers- 1:50. Also, CFTC brokers’ clients are not allowed hedging, which is one of the very unique US features. Unfortunately, the cryptocurrencies regulation is still inept, so traders and investors should be wary when dealing with crypto offers.

AsicMiningOption address and contacts

AsicMiningOption lists Oklahoma, USA as a headquarter address. They do not provide a street number or a postcode. However, that's in line with scammers' practices, who don't operate transparently, and it's a top priority to remain hidden and impossible to catch. Their contact number is +336 4463 7828 a French phone clear of spam reports. 

Transparency is crucial when talking about brokers and investment companies, and it's part of the regulatory framework. The regulated companies are open to financial authorities following certain transparency rules, so it's generally unlikely to conduct fraudulent activities. They are also bound to provide the public with crucial information about themselves, making it easy for traders and investors to confirm the company's legitimacy. website info is a domain name registered on 16th of November 2019, so it's close to a year and a half old at the time of writing. It's registered on Netherlands IP address: co-hosting 75 websites. Many of the domains are associated with fishy investment schemes.

Alexa doesn't even rank this domain, so it’s an obscure website people do not trust. The Alexa ranking isn’t a key determinant, but the lack of popularity isn’t a good sign whatsoever. Plus it's a website that's been online for quite some time, making things even worse. uses privacy protection services to hide the ownership of the website. The latest trend in the privacy policy around the world denies it should be a problem but considering it's an investment service we might as well consider this a disturbing sign.

Here are other shady investment schemes based on the same IP:

FxOptionProBallena Capitals
XoTradeFxEra TradeFx
FX Cloud Vest

Scam warning

We paid utmost attention to the regulation and transparency in the sections above because it’s mandatory for trading and investments. Pretty much each company offering financial services have to be authorised by the local financial authority. 

However, some entities operate unlicensed and intentionally run investment fraud. It would be best if you only dealt with companies authorised by the regulators, so always check to make sure they are. Bear in mind that if you trade with unauthorised businesses, you won’t be protected, so it’s very likely to suffer losses almost impossible to recover if things go wrong.

Online scam is trending nowadays with fraudulent websites popping up literally every day. The financial authorities increase the number of warnings issued year after year, but the dangers are still out there and growing exponentially. You’ll realise the hazards when you consider OneCoin scam- it’s still impossible to calculate the total loss, but it’s regarded as 15 billion worth fraud. Make sure to trade with licensed and regulated companies to avoid off-putting losses.

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