The company invites potential clients to “trade with confidence and prosper together” with the project’s founders. In addition, the firm “guarantees users ongoing investment protection and trading success.” However, the intermediary does not disclose any information about the organization’s location and financial regulation.

Will the platform provide you with opportunities for profitable and safe trading? Read our AspenGroup review and you will find out how reliable this broker is.

How to Trade

The brokerage firm offers a “unique environment for trading and investing.” However, it does not disclose any specific trading parameters. The main services include:

  • CFDs on stocks, forex, commodities, and crypto.
  • Customizable charts.
  • Real-time data.
  • Risk management features.

Trading rates, minimum deposit, commission amounts, and spreads are unknown. As for leverage, the company warns that it will not exceed 100:1 on trading accounts when trading on received bonuses.

The minimum withdrawal amount is $50 via credit card.

The intermediary prohibits arbitrage trading and abuse of accounts without swaps or bonuses. Your account will be blocked if you violate these restrictions.

AspenGroup Vital Info

The founding date of the project is not available on the official website. However, we can determine the age of the platform by the domain registration date. So, the domain name of the site was created in January 2024. Probably, the company does not indicate the life of the resource so as not to scare off potential customers. In addition, the company does not name its founders and managers. Why hide this important information if the broker is doing business honestly, and the project is successful and has “thousands of users”?

The location of the company is also a mystery, as well as the regulation of its financial activities. There are no locations on the website, so we decided to search for Aspen Group, as the company name is stated in the User Agreement, and the brand AspenGroup, as it is written on the main page of the website, in the global database of legitimate companies. However, our search failed; there is no legal entity with such a name in any country in the world.

FAQ

What are the key facts about AspenGroup?

The brokerage organization does not disclose information about its registration number, legal address, and license. According to our investigation, the firm is not regulated by any financial commission. Moreover, the company is not included in the register of legal entities in any country.

What's the risk to my wallet when working with this broker?

The lack of registration and license of the company indicates its illegal activities. In addition, the intermediary acts as anonymously as possible, which does not inspire much confidence in the platform. Most likely, you will lose 100% of your invested money here.

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