Astro Markets FX Review: a Shady Company

Astro Markets FX Review: a Shady Company

Astro Markets FX is a company that is operating in an offshore region. The broker, however, is a clone of a genuine forex company. Even their logo is an imitation. The Ponzi scheme does not have a trading capacity. Moreover, the venture lacks originality by mimicking everything from an existing broker. 

Astro Markets FX Review, Astro Markets FX Company

The firm promises $50 to the existing client and $50 to the referred friend. Simply participating in the referral program could take a huge amount of money home. Sadly, this is not things work. You must acquire trading skills and practice a lot to earn real-time returns. 

Choose some of the best forex trading companies in the world. These are regulated ventures. They take the security of customers seriously. They also work with professionals. Any query that you might experience will be resolved in time. You also get a chance to improve your trading skills regardless of your trading expertise. Review

Astro Markets FX claims it provides various trading assets. Clients will also have excellent trading conditions. However, this is a shady untrustworthy scheme. You cannot trade, yet the firm promises absurd profits. The mechanism being deployed remains unknown.

Once you sign up, consider your data and fund to be at high risk. The scheme does not protect your money. The venture is also allegedly offering training materials to customers. We did not have the liberty of going through the content. 

However, we greatly doubt Astro Markets FX has quality materials. The statement is available for marketing purposes only. You cannot learn anything from the losing broker. Additionally, this is a recently established scheme. The traffic visiting the website is low. 

Astro Markets FX Trading Conditions 

The Ponzi scheme does not bother to present a trading platform. The only thing available is third-party charts. This shows the disinterest of the scheme in trading activities. Even offshore ventures that are shady will try to hide the obvious. They present a basic web trader interface. 

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Nonetheless, Astro Markets FX advertises the Mt4 and MT5 software. These are some of the leading software in the market. Using them contributes largely to your success. The platform has five trading accounts. These accounts don’t show the spread, leverage, or commission. Review, Features

When the trading conditions are missing, how can the entity refer to itself as a reliable broker? The advertised returns are absurd. Additionally, the scheme allegedly pays the profits in hours and a few days. The Day trade account features a 50% return after one hour. This is after you deposit $150. 

The Standard account deposit range from $200 to $7,500. The expected return is between $500 to $3,750. The maturity period is after 5 days. The PAMM package has a 25% daily profit for 7 days. This is after clients deposit $2000 to $5000. The total expected ROI is between $5,500 to $13,750. 

The VIP and VIP Black accounts are the mega packages. Their daily returns range from 20% to 15%. The returns are dispatched for 7 days and 10 days straight. Sadly, those who join  Astro Markets FX hoping to make money are in for a rude shock. 

There is no existing forex or crypto company that is capable of generating such a high amount. Moreover, we would love to know the technique being used by the scheme. The market is volatile, and you cannot earn constant returns. 

Withdrawal and Deposit 

Astro Markets FX accepts funds via crypto and bank transfer. Both methods are untraceable. Therefore, you cannot reverse the transaction once you hit the deposit button. Additionally, the authority cannot track the payment. The firm is a suspicious venture. It is best to walk away while you still can. 

Nonetheless, the scheme features other payment methods. Unfortunately, you cannot use them. It is a common trick with scammers. They only want to remain relevant by imitating genuine brokers. 

Astro Markets FX fails to feature the withdrawal requirements. This does not surprise them since the scheme doesn’t plan to give back customers’ funds. You will only get a bad outcome from the scheme. 

Contact Details and Customer Support 

The company is allegedly operating from Mauritius. We highly suspect this is a randomly generated address since the website is using false information in everything. You can reach the support via live chat and email. 

Before you start to trade, you must first verify your account. Astro Markets FX requires customers to submit proof of identity and address data. Never submit such information to anonymous people.

The entity’s likelihood of cutting you off when they exit the market is high. The platform is not interested in offering quality services. They promise huge returns, yet they cannot afford to hire a qualified support team. 

Astro Markets FX Regulatory Status

Astro Markets FX will do anything to gain the attention of the public. The venture falsely claims to have a license. However, this is misleading and unethical. Moreover, the entity uses the name of the stringent financial watchdogs. 

It claims to operate per the guidelines of the Financial Service Commission of the Republic of Mauritius, the Financial Conduct Authority (FCA) of the UK, and the Cyprus Security Exchange Commission (CySEC). Unfortunately, this firm is operating independently. 

Sadly, the venture uses the license of a genuine broker in the industry. FXTM is one of the best companies to trade with. Astro Markets FX tampers with its license by displaying its name. The website is a clone, and nothing on their website belongs to them. 

You must deal with a genuine company. You will earn real-time returns while trading securely. The broker does not create an ideal trading environment. Their trading terms are only there for formalities. 

Ensure that you only deal with legitimate companies. These kinds of brokers have capital in their name. The hefty capital ascertains the entity can conduct its business without compromising its customers’ deposits.

Astro Markets FX  Fund Safety 

Astro Markets FX does not guarantee fund safety to clients. The broker is not working with a reputable financial institution. The money being deposited goes directly into the scammers’ accounts. Therefore, The financial bodies require all entities to deposit cash in separate accounts. That way broker cannot use the money for an unintended purpose. 

Another major red flag is the platform fails to reveal its owner. The parent company, account manager, and financial officer information is unavailable. Investment is not a gambling activity. You need to know you are dealing with experts. Otherwise, you will rely on incompetent and unqualified individuals. 

The company can lead to huge loose. Astro Markets FX doesn’t offer negative account balance protection. There is also no proof of trading. The firm is not reporting its daily trading activities to the authority. A legitimate venture must record transactional reports and forward them to the relevant authority.

It ensures everything is in order. Moreover, an entity cannot manipulate the market price. When offshore platforms face bankruptcy, they casually exit the market without caring about the impact. On the other hand, licensed firms participate in a compensation scheme. 

Final Verdict 

Astro Markets FX is unregulated and unprofitable. The only thing you are certain of getting from the scheme is negative outcomes. The broker does not care about clients’ experience. Suppose you earn or make losses. That is all on you. Eventually, the broker will exit the market.

Invest in the best forex trading companies to avoid all the shortcomings of dealing with shady entities. These are transparent and trustworthy ventures. They have years of experience. You can also count on volatile times. 



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