Aspirefx review: Can You Earn Using Aspirefx.net

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AspireFX Review
  • Fund Safety
  • Contact Details
  • Regulation Status
0.5

Summary

AspireFX is being run by mysterious peopl. They are offering financial services without any regulations. This is a criminal offense in most countries. Additionally, there is no assurance of your funds’ safety. Investors need to stay away from this dirty scheme at all costs. Invest only with the best forex companies.

AspireFX is one of the worst scams in the market right now. They are calling themselves the best cryptocurrency and forex brokers. However, the design of this company’s operations is almost laughable. You can tell that the people behind AspireFX have no idea what they are doing. Moreover, you can tell that they are not professional traders themselves.

Even worse, this is a company that has only been in the market for less than six months. The registration date for their website is 9th September 2020. This is public information that you can access on Whois.com. Still, this company sees no problem in saying that they have been in business since 2015.

AspireFX Review, AspireFX Company

Additionally, they put so much emphasis on cryptocurrency. They want to present this picture that they are knowledgeable in the cryptocurrency space. However, you can tell that this is just a strategy to attract more customers. These people have no idea what they are doing.

Clearly, AspireFX is not among the best legitimate forex brokers in the market. Ensure you only invest in companies that operate with full transparency and professionalism. Only such companies can assure you of your funds’ safety.

AspireFX.net Review

Aspirefx.net reveals a lot of information on what kind of people are behind this operation. The About Us page is full of grammatical errors and spelling mistakes. This tells us that these people are not professionals. More so, it tells us that these people are from an offshore country without regulations.

Additionally, there is a lot of fake information on the website. The customer testimonials displayed on the home page are completely bogus. We reverse image searched the images there, and found some shocking details. These images are in use across more than ten other websites. We think that all these are illegal operations by the same people behind AspireFX.

Further, this company even makes a mistake on its own name. Under the rules and agreements page, we encountered two different names. At one point, they called the company AspireFX and Tradeprofxt. This is a company that is no longer in service because people ousted them out as a scam.

The question is, why would a company want to associate itself with a known scam? The only logical explanation is that the people behind AspireFX are the same people behind the now-closed Tradeprofxt.

Further, you can tell that these people are desperate to stay in service this time around. They are begging people not to leave negative reviews in forums to protect their name. It seems they already know how poor their services are.

Account Types

There are four main account types to choose from on Aspirefx.net. These include the Starter, Diamond, Delux, and Premium accounts. All these accounts differ depending on the amount of balance a user has.

The smallest account is the Starter account. This supports a balance of between $1,000 to $4,999. It allows traders to trade over 50 different types of assets. Next up is the Diamond account. This account is identical to the Starter account in everything but the supported balance. It supports a balance of between $5,000 and $9,999.

Next is the Delux account. This supports a balance of between $10,000 and $19,999. It allows users to trade over 100 assets. The final account is the Premium account. This one supports a balance of between $20,000 to $49,000. It allows users to trade over 200 assets.

These accounts are not the cheapest in the market. The company claims that the minimum deposit is $500, but there is no account type for that balance range. Moreover, there is little to no difference between these accounts. You should not have to pay more for the same services.

AspireFX Trading Conditions

Interestingly, AspireFX does not have an actual trading platform. When you sign up, you will only find a graph from TradingView showing price movements in real-time. However, there is no way to execute actual trades. This is the most unprofessional company in the market. Without a platform, this company should not even exist.

Additionally, there is no mention of the trading conditions. The company does not say the leverage and spreads that they offer. This is because they know that that is pointless. Even if they gave these details, it would mean nothing because there is no trading platform. The only goal of these people is to get you to send them your money. They have no desire to serve any of your needs.

Founders and Physical Address

One of the most important details to know about a company is its founders. This would give you some insight into the kind of people who are handling your money. You should never invest in people with shady histories. Additionally, you should never invest in people with unidentifiable identities.

Unsurprisingly, Aspirefx.net does not introduce us to the team behind the operations. The founders operate under full anonymity. This is common in illegitimate operations. The people behind such companies do this to hide from the law.

Additionally, this company is not honest about where they operate from. They give their address as 601 N St Andrews Pl, Los Angeles, CA 90004, USA. However, on another page, they claim to be a registered company in the United Kingdom. This conflicting information is only proof that AspireFX is not a legal operation.

AspireFX Regulation and Fund Safety

The regulatory status of this company is where everything gets worse. The company claims to be a registered entity in the United Kingdom. They even present a certificate to prove that. The only problem with that is that the name on the certificate is from a different company.

AspireFX is trying to use another company’s certificate to pass it as its own. This is enough proof that this company is an illegal operation. Nonetheless, we searched on the FCA registry to see whether they have regulations in the UK. We found no results matching the company. AspireFX is an unregulated mess.

AspireFX Review, AspireFX Features

You should never invest with an unregulated company. Remember that regulatory bodies are there to protect investors from scammers. They ensure that companies have the right banking setup to protect clients’ funds. As such, unregulated companies cannot assure you of your funds’ safety.

Moreover, there is no evidence that this company has systems protection. They do not say the software or hardware that they use to keep out intruders. They claim to have SSL certification, but we are not ready to take their word for it. There is no reason to believe that this company is not lying about this too.

Final Verdict

AspireFX is yet another illegal operation that will do anything to steal your funds. You should not believe the lies that these people tell. They have no intention of serving any of your investment needs. You will only lose funds if you choose to invest with them.

Moreover, these mysterious people are running an illegal operation. They are offering financial services without any regulations. This is a criminal offense in most countries. Additionally, there is no assurance of your funds’ safety. Investors need to stay away from this dirty scheme at all costs.

There are many companies that will offer you better services. For your peace of mind, only invest in the top legitimate forex brokers. Only such companies can help you safeguard and grow your investment.

 

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