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
Aspire Investments is allegedly a forex and CFD broker registered in New Zealand that claims to provide its clients with 490 tradable financial instruments with leverage up to 1:500 and raw spreads from 0.0 pips, as well as 24/7 customer support service. Here is the home page of this brokers official site:
As for regulation, it has been verified that Aspire Investments 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 1.20/10. Please be aware of the risk.
Market Instruments
Aspire Investments advertises that it offers access to 490 tradable instruments, which include forex, cryptocurrencies, commodities, stocks, indices and bonds.
Trading Plans
Aspire Investments claims to offer 3 types of trading plans - Price Action Analysis, Divergence Investment and Moving Average Investment, with minimum initial deposit requirements of $110, $5,001 and $13,001 respectively.
Leverage
The maximum leverage provided by Aspire Investments 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
Aspire Investments boasts to offer raw spreads from 0.0 pips. However, we cannot confirm if it is available because the broker refuses to offer trading platforms directly.
Trading Platform Available
Aspire Investments‘ website displays the logos of MT5, MT4 and cTrader, as well as multiple devices including Windows, Mac, Android, Web Browser and iOS, yet we didn’t find any download links to these trading platforms. 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
Aspire Investments only works with cryptocurrencies such as Bitcoin and Ethereum. The minimum deposit is $110 worth of Bitcoin or other accepted cryptocurrencies. Withdrawal requests are said to be processed within 2 trading hours.
Customer Support
Aspire Investments customer support can be reached by telephone: +64 (0)7 981 1505, email: support@aspireinvestments.ltd or live chat. You can also follow this broker on social networks such as WhatsApp and Telegram. Company address: 58 Shakespeare Road, Milford, Auckland, 0620, New Zealand.
Pros & Cons
Frequently Asked Questions (FAQs)
