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ASTRO FX

United Kingdom|5-10 years|
Suspicious Scope of Business|High potential risk|

https://astrofxtrade.com/invest/index.html

Website

Rating Index

Contact

+447937043057
https://astrofxtrade.com/invest/index.html

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

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Contact number

English

+447937043057

Other ways of contact

Broker Information

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Company Name

ASTRO FX

Abbreviation

ASTRO FX

Platform registered country and region

United Kingdom

Company website

Pyramid scheme complaint

Expose

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Warning: Low score, please stay away! 2
Previous Detection : 2024-09-17
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

ASTRO FX · WikiFX Survey

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ASTRO FX · Company Summary

Registered Country United Kingdom
Regulation No regulation
Minimum Deposit $500
Maximum Leverage 1:1000
Trading Platform Web-based trading platform
Demo Account Not available
Trading assets Currency Pairs, Indices, Stocks, Commodities
Payment Methods Bitcoin
Customer support Telephone: +447937043057

General Information & Regulation

AstroFX claims to be located in UK, with its corporation information not disclosed to all. AstroFX does not fall under any regulatory agency, please be aware of the risk.

Markets Instruments

Tradable financial instruments available on the AstroFX platform include forex currency pairs, indices, stocks, as well as commodities.

Minimum Deposit

ASTRO FX requires traders to deposit at least $500 to register a real trading account, which sounds unreasonable for an unregulated broker. Keep in mind that most legit broker only requires a minimum initial deposit as low as $100 or even less.

Trade Size

The minimum trade size allowed by ASTRO FX is 0.01 lot.

Leverage

ASTRO FX offers the leverage up to 1:1000, absurdly high. Since leverage can amplify returns and potential risks, trading with an unregulated broker offering high leverage is not a good option.

Spreads & Commissions

ASTRO FX advertises that it offers low spreads for its traders, but it does not specify detailed spreads on particular instruments.

Trading Platform Available

AstroFX has one of the poorest trading platforms ever. We cant even call it a trading terminal, for the charts are taken from a third party chart provider that follows market trends, meaning that AstroFX has not actual trading terms. The terminal in itself reminds us of an early 2000s attempt at a platform; not even novice uses will be tricked by this.

trading-platform

Deposit & Withdrawal

The way to deposit is via bitcoin, which is the most preffered method for depositing used by scammer brokers because btc is untraceable. However, once we proceeded with the payment method, the dashboard reveaeld that users can actually deposit with, on top of the bitcoin methods, Wire Transfer, Credit Card, Western Union, Money Gram, Perfect Money. Withdrawals on the ther hand, can be requested via Skrill, Visa, Master Card, Wire Transfer, Okpay, Bitcoin, Mercago Pago. Visa and Master card deposit and withdrawals are charged with 5%. There are no talks of other fees anywhere on the site.

Customer Support

Undoubtedly, ASTRO FX offers poor customer support, and they can be only reached through a telephone number given.

Clients who have any inquiry can callg this broker at+ 447937043057.

Pros & Cons

Pros Cons
Wide selection of trading assets No regulation
Generous leverage up to 1:500 High minimum deposit requirements
Unfavorable payment conditions
Poor customer support
Inaccessible official website
Weak trading platform

Frequently Asked Questions

What payment methods does AstroFX support?

AstroFX only supports its clients to make a payment through Bitcoin.

What trading leverage does Astro FX offers?

Astro FX enables its clients to use the maximum trading leverage up to 1:1000.

What is the minimum deposit required by Astro FX?

The minimum deposit required by Astro FX is up to 1:500.

News

FCA WARNING: AXTROFX

ExposureFCA WARNING: AXTROFX

2024-07-16 17:49

The Financial Conduct Authority (FCA) recently identified AXTROFX as an illegal broker operating without proper authorization. The FCA, known for regulating financial firms to ensure market integrity, consumer protection, and competition, issued a warning against AXTROFX for conducting unauthorized financial services.

WikiFX
2024-07-16 17:49
Exposure
FCA WARNING: AXTROFX
WIKIFX REPORT: AstroFX is Gaining Strength in Global Market for Recognised Courses and Training prog

NewsWIKIFX REPORT: AstroFX is Gaining Strength in Global Market for Recognised Courses and Training prog

2022-05-26 14:02

A guy Natt and Shaun Lee are the founders of AstroFX, a trading firm situated in London, United Kingdom. The two young people are experienced traders with a competitive edge in the forex market. They have assisted many prospective traders in honing their trading skills and achieving success in the market. AstroFX is dedicated to training people in the Forex industry through a variety of trading programs and packages. AstroFX's 12-month trading program assists budding traders in developing their skill sets to the next level.

WikiFX
2022-05-26 14:02
News
WIKIFX REPORT: AstroFX is Gaining Strength in Global Market for Recognised Courses and Training prog
AstroFX Is Rising High in the Global market in Trade and Training in Forex

NewsAstroFX Is Rising High in the Global market in Trade and Training in Forex

2022-02-18 14:07

It was Aman Natt and Shaun Lee who embarked with their Forex Trade and Training firm called AstroFX.

WikiFX
2022-02-18 14:07
News
AstroFX Is Rising High in the Global market in Trade and Training in Forex

Review 4

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