Ashford Investments Review Scam Complaint
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Ashford Investments is a pure binary options broker. This brokerage company is owned and operated by Teres Media BG Limited, which is based in Sofia Bulgaria. Ashford Investments is not regulated by any local FSC or any other appropriate agency. As far as Bulgarian authorities are concerned, they do not look over Binary options trading. Hence, before investing with this broker it is advised to go through the review first.
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About the Ashford Investments:
Ashford Investments was founded in 2017. Their site is available in English, Arabic, German and Russian languages. Ashford Investments uses the web based trading platform named SpotOption platform, which is quite popular among binary brokers and traders. Some of the forex and CFD traders however find it less appealing because it lacks more specific and sophisticated analytics. To ensure client security, Ashford Investments employs SSL technology and the highest encryption protocols. Communications are guaranteed to be watertight. Ashford Investments’ trading conditions include Binary, Long term, 60 Seconds, ladder, pairs, one touch, currencies, commodities, pairs, stocks, cryptocurrencies and indices. Moreover, the broker asks the client the amount he is willing to risk, the leverage and his profit target. In our opinion this seems to be a clunky version of trading, as most traders like to view the charts, visually determine their stop-loss level and then select the appropriate trading size. This approach of trading provided by Ashford Investments appears to be backwards.
The minimum deposit required to open an account with the broker is $250, while the minimum option size for a bet at Ashford Investments is $25. This is a higher level compared to other binary options broker in the market.. A smaller bet size allows you to risk less per trade and limit the importance of variance like luck. The average payout at Ashford Investments is around 80% which is below the current industry average, as some of the binary brokers are giving 86-87% payout.
Is Ashford Investments legit or scam?
Ashford Investments is an offshore Bulgarian binary options provider. The company is not overseen by any regulatory agency as it is not licensed by any Financial Authority. Not only this, the trading conditions provided by the broker are not at all impressive. The high minimum deposit requirement and high option size requirement do not seem fair and attractive. The broker seems to mislead traders to flee away with their money. Hence, the broker is a scam and not legitimate.