Ashford Investments is a binary options brokerage that was founded in 2015. Relaunched as of July 31st, 2017, this brokerage has wasted little time accruing a reputation as a brokerage that doesn’t exactly operate by-the-book. Seeming that this brokerage is unregulated and unethically managing their clients funds, it is little wonder as to why this broker has acquired such a notorious reputation. Virtually no valuable information regarding Ashford Investments is found on the About Us section on the site leaving investors with no real knowledge of who is operating this questionable investment operation.
Who is Behind Ashford Investments?
The only identifying information we are provided with on the site would be how Teres Media BG Limited is the corporate entity behind this site. After some digging, we found that the corporate address of Teres Media BG Limited can be located at R-N Vladislav Varnenchik Distr., Sgrada 8 Biznes Park Varna, 9009, Bulgaria. In any case, it is evident to us that this operation is not conducted in a professional manner which makes this brokerage difficult for one to sincerely endorse as trustworthy.
Courtesy of the Contact Us page we learned that there are 4 ways of establishing communication with this brokerage. Live chat along with their email address of [email protected] are two of the most convenient methods that can be utilized. Otherwise investors can call their phone number at +442038689102 or visit their brokerage address which is found at Bulv. Gen. Totleben 52-55, Sofia 1606, Bulgaria.
In an attempt to discover more identifying characteristics regarding this brokerage we ran a WHOIS domain search but to no avail. It appears that the creators behind this site employed a privacy package allowing their registrar details to remain anonymous.
Ashford Investments trading platform is powered by SpotOption technology classifying this brokerage as a white-labeled investment firm. Due to incorporating the SpotOption trading platform into their brokerage investors are provided with a medley of investment styles. Among the 8 trading methods provided are FX/CFD, Binary, Turbo options, Long-term options, Ladder options, One touch options, pair options and ASH Follow (social) trading.
Asset selection through this brokerage is plentiful allowing traders to invest between currency pairs, commodities, stocks, indices and cryptocurrencies. Payouts are a bit on the competitive side averaging near 80% which is a considerable amount more than what most other brokerages offer. Now, although it appears that Ashford Investments has quite a bit to offer one must bear in mind that their platform is unregulated, meaning that no regulatory bodies are overseeing the operation conducted at this brokerage.
Trading Account Packages
This brokerage offers 5 account packages, which vary in regards to deposit size and incentive quality. While committing with a bigger initial deposit may unlock more perks with your trading account, you should always exercise caution when considering depositing with unregulated brokers.
The Bronze package, the lowest tier account type, requires an initial deposit of $250 with up to a 82% return on investment. Traders are given access to standard platform features such as social trading, their mobile and web platform, and withdrawal processing speed is estimated at 7 days.
The Silver package offers all of the standard features of the Bronze package but comes with a few more incentives. Among these incentives would be a welcome bonus up to 50%, an exclusive eBook series, access to their e-Video library and a few personal broker meetings. The initial deposit required is $2,000 and return rates can reach as high as 82%.
The Gold package offers all the features provided in the Silver package but with a few additional features. Access to Ashford Investments webinars, newsroom and alerts, a 1 week subscription for daily trading signals along with signals integrated in their platform are provided. Returns as high as 82% are offered while the starting deposit required is $10,000.
The Platinum package is next up on the tier and naturally offers all of the features of the previous 3 packages combined. While the welcome bonus provided is 100% other additional perks would be SMS signals, the Ashford education trading course, weekly sessions with a senior analyst along with an exclusive gift from their loyalty store. The starting initial deposit required is $25,000 while return rates move upward to as much as 87%.
The Diamond package is the most prestigious account package available and offers all the features of the Platinum package but with a couple more perks. Access to a premium trading platform along with higher priority on contract purchasing queue are devoted toward investors. Withdrawal speed is the same as the Platinum package and are withdrawals are typically processed within a 2 day period. The initial deposit required is $50,000 with return on investments reaching as high as 87%.
**Never accept a broker deposit bonus unless you are an experienced investor. Oftentimes these deposit bonuses come with conditions that require traders to generate a set volume of trades (anywhere between 15 to 40 times the accepted bonus amount) until they are able to successfully execute a withdrawal.**
Deposit and Withdrawal Procedure
Deposit methods are quite limited with Ashford Investments in a sense that they only accept Visa and MasterCard credit/debit cards along with wire transfers. Withdrawal methods provide more variety and can be executed through Visa, Visa Electron, Maestro U.K., Maestro, Delta and MasterCard. Other forms of accepted withdrawal payments can be done through wire transfer, Neteller, Union Pay, and CashU. Please note that you will need to provide your full name, AshfordInvestments account number, and the amount of your requested withdrawal when you file for withdrawal.
As of December 2017, ashfordinvestments.com possesses a global rank of 584,715 according to SimilarWeb.com. Furthermore, almost 16% of the traffic that visits the site come from users who reside within New Zealand, which comes as no surprise that the site has a rank of 55,201 in NZ. Other demographics that constitute a considerable portion of the sites visitors come from visitors who reside within Australia, United Kingdom, Russia and Switzerland..
Ashford Investments Feedback
Investor feedback has been increasingly negative regarding the practices employed by the Ashford Investments brokerage. Among the chief complaints would be refusal to acknowledge withdrawals, enacting deposit bonuses without authorization and harassing investors to deposit more and more more money without proper grounds to do so.
I invested $250 with them. Battling to get my deposit back. Never waste your money on them. The customer service is also very bad…
Lol same its been 2 weeks still havent got my money back they say account manager will call but nobody calls for shit.
Ashford Investments is a scam and an unlicensed binary broker that open in 2017.
have been trying for a month to get my money they just bullshit to me they are a scam.
I’ve also dep. $250 2months back and still trying to get my deposit back every time support tell me they will ask a trained broker to call me back from thereon no one gets back to me they just ignore me i’de like to know what to do to get my money back from this scammers there must be a way to nail these people who steals from poor inocent people who use their savings to try and make a extra income to support them self.
AshfordInvestments Review Conclusion
Although Ashford Investments offers a wide number of investment options, this brokerage has failed to prove itself as a trustworthy trading destination. Fundamentally, we will never advice traders to invest with such a trading destination, especially with a brokerage that is unregulated like Ashford Investments.
The community chatter is downright alarming and should serve as evidence enough that this broker is not one to be trifled with. Essentially stealing deposits from their clients while employing aggressive up-sell tactics has caused great tension between this brokerage and its investors. The worst element of this all would be how zero traders have yet been successful at receiving a filed withdrawal.
Our conclusion – Do not trust nor invest with Ashford Investments!
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Learn why we advise against binary options trading, even with regulated brokers.