AscendX Capital Review 2024

AscendX Capital enables retail traders to access up to $200,000 funds for just $1134. You can trade news and use Expert Advisors to achieve the evaluation program’s profit target.

What is the evaluation program on AscendX Capital prop firm? We’ll explore the company’s funding plans, pricings, financial instruments, registration process, and support channels on this AscendX Capital review.

AscendX Capital Prop Firm (Company Information)

AscendX, founded in October 2023 by Scott Flook, a former investment banker, is a UK-based proprietary trading firm. The company provide retail traders with up to $200,000 in virtual funds to trade and get a 90% profit split.

But it's not just about the numbers; the firm prides itself on creating an environment conducive to trading success, with features like:

• Low commissions and tight spreads;
• No time constraints on trading;
• A two-phase evaluation program with achievable profit targets;
• Monthly competitions with free evaluation accounts as prizes.

Ascendx Capital Specifications

In-depth account metrics, advanced trading journal, market news, and 24/7 customer support are some of the features that await you in AscendX. But before that, let’s see some specific details.

Why AscendX Capital (Advantage and Disadvantage)

Choosing the right prop firm is a crucial decision for any trader. Ascendx Capital offers a compelling proposition, but like any trading opportunity, it comes with its own set of advantages and disadvantages.

Funding on Ascendx Capital and Related Costs

The firm’s funding model is designed to provide traders with significant capital while maintaining a focus on risk management and trader development. AscendX Funding and Pricing:

Registration and Verification on Ascendx Capital

To get funded up to $200,000 and enjoy a 90% profit share, you need to create an account. Steps to register on AscendX Capital:

• Navigate to the official website;
• Click on “Sign Up”;
• Fill out the registration form with full name, country of residence, phone number, and email address.

To be able withdraw funds through Rise Works, you need to fill out the application form in your dashboard. AscendX KYC gets done by a 3^rd party verification service provider, named Veriff. Required documents to verify AscendX account:

• ID;
• Selfie.

Ascendx Capital Evaluation Programs

The firm has only a 2-step evaluation program through which it funds the qualified traders. AscendX Capital evaluation program:

Ascendx Capital's evaluation program stands out for its flexibility and trader-friendly conditions. The absence of time limits, in particular, allows traders to demonstrate their skills without undue pressure, potentially leading to more sustainable and realistic trading practices.

Does Ascendx Capital Offer Promotional Programs?

The firm offers promotional programs, primarily through its Affiliate Program. This initiative allows individuals to earn commissions by referring new clients to the company. Key features of AscendX Prop firm affiliate program:

• 15% fixed commission income;
• You can balance the discount for your friends with your commission rate;
• Effortless payouts;
• No registration required.

What Trading Platforms Are Available on Ascendx Capital?

The firm has partnered up with Purple Trading Seychelles broker and offers some of the best trading solutions. AscendX trading platforms:

• cTrader;
• DXTrade;
• MT5 (will be launched shortly).

Ascendx Capital Asset Offerings

The firm provides traders with diverse assets to trade, catering to various trading styles and preferences. Available Markets on Ascendx Capital prop firm:

• Forex: Major, minor, and exotic currency pairs;
• Indices: Global stock market indices;
• Commodities: Including precious metals, energy, and agricultural products;
• Cryptocurrencies: A selection of popular digital assets.

Payment Methods on Ascendx

The firm understands the importance of smooth and efficient financial transactions for traders. It offers a range of payment methods to cater to the diverse needs of its global trading community. AscendX Capital deposit/withdrawal methods:

• Stripe;
• Coinbase;
• VISA;
• MasterCard.

Ascendx Capital Fee Structure

Ascendx Capital offers a competitive fee structure to maximize trader profits while maintaining sustainable operations. The firm charges a fixed commission of $2 per lot and $4 per round lot on all instruments.

Does Ascendx Capital Provide Educational Materials?

Training traders and sharpening their skills are very important matters in Prop firms, since they’re trading with the company’s money. However, AscendX hasn’t paid any attention to this fact and offers no educational contents.

Is Ascendx Capital Reliable? (Trust Scores)

Assessing the reliability of the firm is an important task that we should cover in the AscendX Capital review. It requires a balanced look at trader experiences and the firm's operational transparency. AscendX Trust Scores:

Customer Support on Ascendx Capital Prop Firm

Customer support is the heart of any business. Unfortunately, AscendX pays less attention to this fact and offers limited channels for traders to contact them, including:

Ascendx Capital on Social Media

The firm is active on various social platforms and maintains contact with its community. AscendX on social media:

• Discord: https://discord.com/invite/GJmk7JrKBb
• Instagram: https://www.instagram.com/ascendxcapital/
• Telegram (Link has been expired): https://t.me/+ei95nkthpgI4ZDlk
• X: https://twitter.com/AscendxCapital

Expert Suggestions

AscendX Capital offers a wide range of funded accounts from $10K to $200K with low profit targets of 7% and 5%. However, the cherry on top is the generous 90% profit split that AscendX Capital prop firm offers.

You can start trading with just $120 and enjoy robust trading platforms, including cTrader, DXTrade, and MT5 with leverage up to 1:100 for Forex pairs and 1:10 for Crypto. Share your thoughts about the AscendX Capital review in the comments.