Aspen Holdings Review: Is Aspen Holdings a scam broker or legitimate broker?

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Introduction to Aspen Holdings Review:

Picture yourself living the best life ever with a beautiful family, a house of your own, a job to support, etc. One fine day, a broker calls you to tell you the unending benefits if you invest your hard-earned money with them. From 100% profits to no-risk guarantees, the broker says it all till you are impressed. You agree to invest some money with them. However, the broker offers you another deal claiming you wouldn’t get a better one and pressurizes you into depositing your money at the moment as it is a limited-time offer. You instantly agree and deposit a larger amount of money with them. All goes well and soon money starts flowing into your trading account. Delighted, you try to withdraw some of that money. However, an error message pops up and you wait for a day or two. Without any progress after days, you try to call the broker who helped you only to find out that they have apparently blocked your contact. You try every measure to no avail. That’s when you realize that you have been scammed.
If you don’t want this to happen to you, read till the end to know if Aspen Holdings is a scam or not.

Name: Aspen Holdings
Website:
Leverage: 1:500
Minimum Deposit: $250
Demo Account: Not Available
Headquarters: Offshore
Regulation: UNREGULATED

About Aspen Holdings:

In this section, we will be discussing all the red flags in this Aspen Holdings review.

Is Aspen Holdings regulated by any of the regulations?

When we checked the website, Aspen Holdings did not reveal anything about their regulation on their homepage. Upon investigating, it was found that Aspen Holdings is the trade name of another company that goes by the name of Next Trade Ltd. which has already become famous for the scam. Therefore, it is clear that Aspen Holdings is UNREGULATED. We must never trade with unregulated brokerage firms as they are dangerous. This also gives us the first red flag in this Aspen Holdings review.

Does Aspen Holdings offer a demo account?

Aspen Holdings does not provide a demo account to their customers despite claiming themselves to be the best in the market. This reveals yet another red flag against the Aspen Holdings scam in this Aspen Holdings review.


What is the minimum deposit demanded by Aspen Holdings?

Aspen Holdings demands a minimum initial deposit of $250. This amount is huge for a brokerage firm to demand and is very common amongst scam brokers. Regulated brokerage firms will only ask for minimum deposits below $10. This gives us another red flag against the Aspen Holdings scam in this Aspen Holdings review.

Conclusion: Is Aspen Holdings a scam?

To sum up, all that has been stated above, we leave it upon you to decide whether Aspen Holdings is a scam or not. We advise you to stay away from Aspen Holdings as it is a potential scam. If you have been scammed by Aspen Holdings, file a complaint right now!

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