Before shutting down, they reportedly limited withdrawals to tiny fractions (0.05%) of account balances and required users to recruit new members to release funds.
Added to the Securities Commission (Malaysia) blacklist in May 2024 for being an unlicensed entity.
🛑 If you have funds stuck in ASJ Forex Global, be wary of "recovery scammers" who claim they can get your money back for an upfront fee. Legitimate authorities like the Malaysian Police or the NBI in the Philippines are the only official channels for reporting such crimes. asjforexglobal
The main website ( asjfx.co ) was suspended or shut down around late 2022.
As of early 2026, ASJ Forex Global is considered a defunct and illegal entity. Before shutting down, they reportedly limited withdrawals to
If you are looking for legitimate forex trading, it is essential to use brokers regulated by major authorities like the , FCA (UK) , or ASIC (Australia) . Reputable options often listed by Investopedia include: XTB AvaTrade Pepperstone CMC Markets
The platform relied heavily on referral codes and "mentors" to recruit new victims, primarily targeting investors in Southeast Asia (Malaysia, Indonesia, Philippines). Legitimate authorities like the Malaysian Police or the
In mid-2022, the platform froze all withdrawals, falsely claiming a partnership with JP Morgan Chase, which the bank later denied.