Is Ascetic Capital still open?
No — Ascetic Capital announced its closure on 3 Dec 2024, saying it had "only made four sales" in its first week; it said it was refunding everyone.
Last checked 11 Oct 2026.
What happened
The firm announced its closure on X on 3 December 2024, saying it had 'only made four sales' in its first week and was 'refunding everyone'. Its website no longer loads.
Sources
Embedded post by Ascetic Capital (@AsceticCapitalX), 3 Dec 2024: "It is with heavy hearts that we announce the closure of Ascetic Capital. Despite our hopes and meticulous planning, the launch did not meet even the most modest expectations. In our first week, we only made four sales" — article: The firm announced it is "refunding everyone"
HTTP 404 from Vercel: 'The deployment could not be found on Vercel. DEPLOYMENT_NOT_FOUND' (www. also 404).
We use the firm's own statements (directly, or quoted in trade press), official records and our own dated website checks. We do not use forums, Reddit or review sites.
What to do if you had an account
- Use only the firm's official channels (its own website, support email or verified social accounts) for any notice about refunds or payouts. Be wary of anyone who contacts you offering to "recover" money for a fee.
- Keep records: receipts, your account or login ID, emails from the firm, and screenshots of your dashboard and of any closure notice.
- If you paid by card or through a payment provider, your card issuer or provider may have a dispute process. These often have time limits, so ask them early.
This is general information, not legal or financial advice.
Active alternatives
We do not hold verified market data for Ascetic Capital, so these are the highest-scoring active firms in each of the two main market groups.
How we rank: Transparency Index score, highest first, from our verified firm data. These link to our reviews, not to the firms, and affiliate status never changes the order.
Forex and CFD firms
- Traderscale Transparency Index 75/100 · rating 3.7/5
- City Traders Imperium Transparency Index 72/100 · rating 3.6/5
- IC Funded Transparency Index 71/100 · rating 3.5/5
- The Trading Pit Transparency Index 71/100 · rating 3.5/5
- FTMO Transparency Index 70/100 · rating 3.5/5
Futures firms
- MILTRADERS Transparency Index 72/100 · rating 3.6/5
- PropEd Capital Transparency Index 71/100 · rating 3.5/5
- The Trading Pit Transparency Index 71/100 · rating 3.5/5
- FTMO Transparency Index 70/100 · rating 3.5/5
- Upcomers Transparency Index 70/100 · rating 3.5/5
See the full Transparency Index →
Questions
Is Ascetic Capital still open?
No — Ascetic Capital announced its closure on 3 Dec 2024, saying it had "only made four sales" in its first week; it said it was refunding everyone. Last checked 11 Oct 2026.
What happened to Ascetic Capital?
The firm announced its closure on X on 3 December 2024, saying it had 'only made four sales' in its first week and was 'refunding everyone'. Its website no longer loads.
What should I do if I had an account with Ascetic Capital?
Use only the firm's official channels (its own website, support email or verified social accounts) for any notice about refunds or payouts. Be wary of anyone who contacts you offering to "recover" money for a fee. Keep records: receipts, your account or login ID, emails from the firm, and screenshots of your dashboard and of any closure notice. If you paid by card or through a payment provider, your card issuer or provider may have a dispute process. These often have time limits, so ask them early. This is general information, not legal or financial advice.