Score
AS-TEM
http://www.as-tem.com/
Website
Rating Index
Influence
Influence
D
Influence index NO.1
Contact
No valid regulatory information, please be aware of the risk!
- It has been verified that this broker currently has no valid forex regulation. Please be aware of the risk!
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- as-tem.com 182.48.49.35Server Location- Japan ICP registration--Most visited countries/areas--Domain Effective Date--Website--Company--
Company Summary
| AS-TEM Review Summary | |
| Founded | 1962 | 
| Registered Country/Region | Japan | 
| Regulation | No Regulation | 
| Market Instruments | Gold, silver, platinum, Rice Shell Index, Corn 50, U.S. Soybeans, Red beans, Nikkei Average, TOPIX (Tokyo Stock Price Index) | 
| Demo Account | ❌ | 
| Trading Platform | / | 
| Minimum Deposit | / | 
| Customer Support | Contact form | 
| Phone: +81 06-4790-3401 | |
| Address: 1-7-31 Otemae, Chuo-ku, Osaka OMM Building 8th Floor | |
AS-TEM is an unregulated Japanese firm established in 1962. It offers diverse market instruments, including precious metals like gold, silver, and platinum, agricultural commodities such as Rice Shell Index, Corn 50, U.S. Soybeans, and Red beans, as well as Japanese stock market indices like the Nikkei Average and TOPIX.

Pros and Cons
| Pros | Cons | 
| A wide range of trading products | No regulation | 
| Limited info on accounts | |
| No demo accounts | |
| Lack of info on trading platforms | 
Is AS-TEM Legit?

At present, AS-TEM lacks valid regulation. Its domain was registered on May 19, 2024, and the current status is “client Transfer Prohibited”. Please pay high attention to the safety of your funds if you choose this broker.

What Can I Trade on AS-TEM?
On AS-TEM, you can trade with gold, silver, platinum, Rice Shell Index, Corn 50, U.S. Soybeans, Red beans, Nikkei Average, TOPIX (Tokyo Stock Price Index).

Fees
For detailed info about the Value at Risk (VaR) margin requirements for various commodities, you can refer to their website.

Keywords
- 5-10 years
- Suspicious Regulatory License
- Suspicious Scope of Business
- High potential risk
Wiki Q&A
What are the fees associated with AS-TEM?
AS-TEM does not provide comprehensive details on the fees associated with their trading platform. Traders are encouraged to visit the website for more specific fee information, particularly for commodities. However, the lack of transparency raises concerns about hidden costs, which are essential factors in evaluating a broker's trustworthiness. As a trader, I need to know all the costs involved before I trade, including spreads, commissions, and any hidden fees. Without this clarity, I would be reluctant to trade on a platform that does not fully disclose its fee structure.
Does AS-TEM offer a demo account?
No, AS-TEM does not offer a demo account. In my opinion, this is one of the biggest drawbacks of the platform. A demo account is an essential feature for traders, especially those who are new or want to test strategies without risking real money. Without a demo account, it’s difficult to assess how the platform functions and whether it meets my needs as a trader. I always use demo accounts to familiarize myself with new platforms, and AS-TEM’s lack of this feature makes it much riskier to trade on their platform.
What are the pros of AS-TEM?
One of the key pros of AS-TEM is the diversity of its trading instruments. I personally enjoy having a wide range of markets to trade in, and AS-TEM offers a variety of options, including precious metals like gold, silver, and platinum, as well as agricultural commodities such as rice, soybeans, and corn. For those who are interested in trading niche markets, AS-TEM provides a unique opportunity to engage in less commonly traded assets. Additionally, the inclusion of Japanese stock indices like the Nikkei Average and TOPIX is particularly appealing for traders focused on the Japanese market. These instruments can offer opportunities for diversification in a portfolio, especially for traders seeking international exposure. However, while this variety is an appealing feature, it doesn’t compensate for the lack of regulation or the absence of essential platform details, which are crucial for ensuring a smooth and safe trading experience.
What trading instruments are available on AS-TEM?
AS-TEM offers a wide range of trading instruments, including precious metals like gold, silver, and platinum, as well as agricultural commodities such as rice, soybeans, and corn. Additionally, they offer major Japanese stock indices like the Nikkei Average and TOPIX, making it appealing to those looking to trade both metals and agricultural markets. However, the lack of regulation and transparency on other key aspects, such as account types and trading platforms, makes me hesitant to use AS-TEM despite the appealing range of instruments.
 
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