Is Ashford Investments a scam broker?

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Ashford Investments is owned by Teres Media BG Ltd. located in Bulgaria. Basically it is a binary options broker. It offers new and innovative hybrid between options and spot trading which is somewhat strange. It was founded in 2015 and was later re-launched in July 2017. They trade in binary options, forex, CFD’s and crypto currencies. Bitcoin, Ethereum, Ripple, Dash, Monero, Zcoin and Litecoin pairs can be traded. They can be contacted through email, live chat, phone, and at their office in Sofia Bulgaria.

The trading platform is powered by SpotOption. Trading options are Binary, FX/CFD, and Turbo, Ladder option, long-term options, one touch, pair and social trading. Investors are offered currency pairs, crypto currency, commodities, stocks, and indices.

Accounts types available are Bronze (minimum deposit $ 250), Silver ($ 2000), Gold ($ 10000), Platinum ($ 25000), and Diamond ($ 50000). For the trader to withdraw bonus the trade has to be 20X in volume. Deposit and withdrawal can be done through major credit and debit cards, bank wire, Neteller, Union Pay, and CashU. Payments are accepted in Euro, US Dollar, and Great Britain Pound.

Many traders feel Ashford Investments is a scam broker. The financial regulator of Nova Scotia (NSSC) has published around October 2017 an alert about the binary options broker Ashford Investments. FCA has clarified that Ashford Investments is a scam, it is not in any way authorized by them and is targeting UK citizen. The news is that they have shut down their operation in the UK. Quantum Code is sending new depositors to Ashford Investments. They are not regulated by any of the known financial watchdogs like FCA, CFTC, FSB or ASIC

One Mr. D invested in this company because it had an office in the UK which he thought was good, as there are many internet scam companies popping up every now and then which are mostly off-shore one. When Mr. D talked with the company agent, he assured that getting withdrawal will not be a problem. So he paid via his debit card over the phone. Two days later his card was used by someone to pay the parking fine and other things. When he tried to withdraw his money he realized that Ashford Investments is a scam company. He realized that the company only wanted was his personal details and will later misuse it. According to Mr. D, the company used to give many lame excuses why they cannot send you money. One day Account manager called up saying his son is in the hospital hence he was not able to send funds. He asked for permission to invest in gold or oil whereby the money will be doubled in very short time, if he agrees. Once you agree they come back to you that there was an error in analyzing trade and all money will be lost. According to Mr. D Ashford Investments are based in Eastern Europe.

Ashford Investments is a scam broker and has swindled money from many innocent investors. If you have been a victim of fraud or scam you can contact MyChargeBack so that you can get your money refunded. MyChargeBack will guide you step by step on your refund journey.

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