Global Broker governance & inquiry App

Score

0123456789
.
0123456789
0123456789
/10

Aspen Holding

Vanuatu|5-10 years|
White label MT4|Regional Brokers|High potential risk|

https://aspenholding.com

Website

Rating Index

MT4/5 Identification

MT4/5 Identification

White Label

1
Server Name
NextTrade-Trader MT4
Server Location United States

Contact

+7 4993503964
https://aspenholding.com
https://www.facebook.com/Aspen-Holding-2257517741003731/?modal=admin_todo_tour
https://twitter.com/AspenHolding

Licenses

No valid regulatory information, please be aware of the risk!

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

Open Now

Disclosure

More

Danger

MY SCM
2020-01-01
INVESTOR ALERT LIST
Aspen Holding

Warning

SG MAS
2019-09-30
Investor Alert List
Aspen Holding

Contact number

English

+7 4993503964

English

+60 392125781

German

+74993503964

German

+60392125781

Broker Information

More

Company Name

Next Trade Ltd

Company Abbreviation

Aspen Holding

Platform registered country and region

Vanuatu

Company website
Twitter
Facebook

Pyramid scheme complaint

Expose

Check whenever you want

Download App for complete information

Warning: Low score, please stay away!
Previous Detection : 2024-04-25
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

Users who viewed Aspen Holding also viewed..

XM

9.04
Score
10-15 yearsRegulated in AustraliaMarket Making(MM)MT4 Full License
Official website

Decode Global

8.35
Score
5-10 yearsRegulated in AustraliaMarket Making(MM)MT4 Full License
Official website

MultiBank Group

8.59
Score
10-15 yearsRegulated in AustraliaMarket Making(MM)MT4 Full License
Official website

FXCM

9.46
Score
Above 20 yearsRegulated in AustraliaMarket Making(MM)MT4 Full License
Official website

Aspen Holding · Company Summary

Note: Aspen Holding is to operate via the website - https://aspenholding.com/, which is currently not yet functional and no information about the company was immediately available. Therefore, we could only gather relevant information from the Internet to present a rough picture of this broker.

Risk Warning

Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.

General Information & Regulation

Feature Detail
Regulation No regulation
Market Instrument currency pairs and CFDs on oil, precious metals, stocks and cryptocurrencies
Account Type Basic, Bronze, Silver, Gold, Platinum and Diamond
Demo Account no
Maximum Leverage 1:500
Spread Basic account: 3 pips fixed
Commission N/A
Trading Platform web
Minimum Deposit $250
Deposit & Withdrawal Method VISA and MasterCard, bank wire, Neteller, BitSend and BPay

Aspen Holding, a trading name of Next Trade Ltd, is allegedly a forex and CFD broker registered in Vanuatu that claims to provide its clients with various tradable financial instruments with leverage up to 1:500 and floating spreads on the web-based trading platform via six different live account types. Here is the home page of this brokers official site:

General Information & Regulation

As for regulation, it has been verified that Aspen Holding currently has no valid regulation. That is why its regulatory status on WikiFX is listed as “No License” and receives a relatively low score of 1.44/10. Please be aware of the risk.

General Information & Regulation

Market Instruments

Aspen Holding advertises that it offers access to 200+ tradable assets, including currency pairs, as well as CFDs on oil, precious metals, stocks and even crypto coins including Bitcoin, Litecoin and Ethereum.

Account Types

Aspen Holding claims to offer six types of trading accounts, namely Basic, Bronze, Silver, Gold, Platinum and Diamond. The minimum initial deposit amount to open a Basic account is $250. In comparison, licensed brokers allow setting up a starter account with a minimum deposit of $100 or even less. However, this broker doesnt offer demo accounts.

Leverage

The leverage provided by Aspen Holding is capped at 1:500. It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.

Spreads

All spreads with Aspen Holding are a floating type and scaled with the accounts offered. The spread is fixed at 3 pips on the Basic account, while Silver, Gold, Platinum and Diamond account holders can enjoy Silver Spreads, Gold Spreads, Platinum Spreads and Diamond Spreads respectively.

Trading Platform Available

Aspen Holding claims to offer the industry-standard MT4 trading platform, however, it is not freely downloadable. Instead, it is just a web-based trading platform, as the below screenshot shows.

Trading Platform Available

Anyway, you had better choose brokers who offer the leading MT4 and MT5, which are highly praised by traders and brokers alike due to their ease of use and great functionality, offering top-notch charting and flexible customization options. They are especially popular for their automated trading bots, a.k.a. Expert Advisors.

Deposit & Withdrawal

Aspen Holding says to work with numerous means of deposit and withdrawal choices, consisting of VISA and MasterCard, bank wire and several e-wallets among which Neteller, BitSend and BPay. The minimum initial deposit requirement is $250. All withdrawals are subjected to a service fee of 3.5%.

Fees

Aspen Holding charges various fees. Apart from the withdrawal fee that we have mentioned above, there is also a clearance fee of 0.5% charged on every trade, both winning and losing, up to 1000$. A monthly account dormant fee of $200 will also be charged if a clients trading account is inactive for two months or more, as well as a monthly maintenance fee of 0.5% and a 5% Swap fee for cryptocurrency trades.

Fees

Customer Support

Aspen Holdings customer support can be reached by telephone: +74993503964. +60392125781, email: support@aspenholding.com. You can also follow this broker on social networks such as Twitter and Facebook.

Pros & Cons

Pros Cons
• Multiple trading instruments, account types and payment options offered • No regulation
• Website inaccessible
• No demo accounts available
• Tight spreads
• High minimum deposit ($250)

Frequently Asked Questions (FAQs)

Q 1: Is Aspen Holding regulated?
A 1: No. It has been verified that Aspen Holding currently has no valid regulation.
Q 2: Does Aspen Holding offer demo accounts?
A 2: No.
Q 3: Does Aspen Holding offer the industry-standard MT4 & MT5?
A 3: No. Instead, Aspen Holding offers a web-based trading platform.
Q 4: What is the minimum deposit for Aspen Holding
A 4: The minimum initial deposit at Aspen Holding to open a Basic account is $250.
Q 5: Does Aspen Holdingcharge a fee?
A 5: Like every forex broker, Aspen Holding charges a spread fee. It also charges some withdrawal fees, as well as other various fees.
Q 6: Is Aspen Holding a good broker for beginners?
A 6: No. Aspen Holding is not a good choice for beginners. Not only because of its unregulated condition, but also because of its inaccessible website.

User Reviews

Sort by content

  • Sort by content
  • Sort by time

User comment

3

Comments

Write a review

FX1493418673
more than one year
Hey guys, just a heads up, stay clear of Aspen Holding, alright? No good news there. I put in some money and poof! Never saw it again. So be careful where you invest, okay?
2024-02-07 14:00
Reply
0
0
若愚35455
more than one year
I love its high leverage, but this disgusting broker lower my leverage when I made big profits. I am not a fool, and I know they want to take my earnings! Feel shamed for it!
2023-02-27 11:43
Reply
0
0
潇洒哥
more than one year
The company is registered in Vanuatu, a well-known place for issuing offshore licenses. If possible, it is safer to trade with companies with onshore licenses.
2022-12-12 13:41
Reply
0
0
TOP
Select Country/District
United States
※ The content of this website abides with local laws and regulations.
You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
consumer hotline:006531290538
Official Email:support@wikifx.com;
Mobile Phone Number:234 706 777 7762;61 449895363
Telegram:+60 103342306
Whatsapp:+852-6613 1970;
License or other information error corrections, please send the information to:qawikifx@gmail.com
Cooperation:fxeyevip@gmail.com