Are you thinking to invest with Ashford Capital broker? Read this Ashford Capital Review to understand if it is a scam or genuine broker and your money is safe with them or not.
Scam Victims Help has extensively researched the Ashford Capital Review and found several red flags that every trader should be aware of. Read our Ashford Capital review today to learn everything you need to know about this broker before signing up.
Broker Website – https://ashfordcapitalinv.com/
Headquarters or Area of Operation – United Kingdom
Warnings – Not Recommended By Review Website Like Scam Victims Help
Ashford Capital or ashfordcapitalinv.com is a binary options broker. Ashford Capital is a somewhat strange company. AshfordCapitalInv is just another offshore broker that is to be avoided; it has no link to either of these other organizations.
Is AshfordCapitalInv a trustworthy business?
In contrast to a genuine business, Ashford Capital makes no indication of its location or of whether it is licensed. This represents a concerning lack of transparency that no honest broker would ever permit!The abundance of scammers on the Internet presents a significant concern. Additionally, even if an unlicensed business is not fraudulent in and of itself, there is no assurance that it won’t fail in a few weeks and take all of its customers’ money with it.
For example, in the UK, brokers are required to report on open and closed trades daily as a guarantee that they will not engage in any kind of price manipulation. This is done to prevent scams from occurring and to ensure that companies operating on the market have the necessary liquidity to operate on them. Additionally, the significant minimum capital requirement of approximately 730 000 euros required to even apply for a license ensures their liquidity. There is much more that could be stated regarding the legal system in the nation, but hopefully, our main point is clear: trading with brokers who are authorized there will be far more profitable than doing business with unlicensed firms like Ashford Capital!
Software for trading by Ashford Capital
Although Ashfordcapitalinv claims to offer excellent software, the reality is completely different. The broker’s web-based platform is basic and unable to provide any distinguishing advantages over other trading platforms, including MetaTrader. However, the EUR/USD spread is incredibly wide (8.4 pip), which is a very unfavorable Buy/Sell difference, making it impossible for traders to profit. Since the FX market is so competitive, it’s fortunately not difficult to discover reputable brokers who provide spreads of 1 pip or less. Simply click on the offered links to uncover greater options. By far, we have a shady brokerage with absurdly large spreads and a bonus structure that is really dubious. Avoid!
What kind of leverage is offered by Ashford Capital?
In contrast to the 1:30 to 1:50 leverage that most authorities have determined is suitable for regular traders, AshfordCapitalInv offers access to leverage of up to 1:400. In general, unregulated brokers like Ashford Capital, who are exempt from such regulations, are the only ones who provide such high leverage levels. You should be aware that there is a good likelihood you are doing business with an offshore corporation if you see this amount in the wild.
What types of deposits is Ashford Capital willing to accept?
As you can see from the screenshot below, after creating an account with Ashford Capital, we learned that in order to deposit, we had to get in touch with their support team. That, however, implies that we are unable to respond to the query on the broker’s techniques!
Am I able to profit from Ashford Capital?
No, AshfordCapitalInv does not have a license, and trading through a registered broker is preferable. Furthermore, even if AshfordCapitalInv had a license of some type, it would be very challenging to get your money out of AshfordCapitalInv.
Ashford Capital Review: Final Thoughts
Sometimes scammers are increasingly using legitimate firms’ details to add an air of legitimacy to their scams. The fraudsters will ‘borrow’ some information from a legitimate firm for the purpose of fraud. They may quote authorization numbers/company registration numbers and links to seemingly legitimate websites and even provide the real address of an authorized/ legitimate firm.
Consumers are advised to check our scam broker 2023 page to verify company details and to call the firm back directly using its advertised phone number. Always access the register from our website, rather than through links in emails or on a company/ person’s website.
To sum up, all that has been said above in this Ashford Capital review, we give you the power to decide whether the broker is a scam or not. We request the readers move forward with extreme caution.
Scam Victims Help specialists research the brokers and find if they are involved in scams. We researched a lot about brokers to assist customers in taking the right decision.
We suggest investors stay away from this broker and go for the genuine one. If you have been a victim of Ashford Capital scam or any other broker, do not feel embarrassed.
File a complaint against Ashford Capital fraud right now and get instant help from our team in fund recovery!
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