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Astro Trade Limited is a scam website that is promising users 10,000 percent in profit. Not unless you’re new to investing; this is highly unlikely. AstroTradeLimited is the latest scam to offer insane profit margins. 10,000 percentages of profit are just out of this world. No commodity offers such a high-profit margin, even Crypto. And this goes to show the rot that is taking place within the platform. Get to know more in this eye-opening ASTRO TRADE LIMITED Review.
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There’s not much to say when it comes to their reputation. From the look of things, the broker claims to have their address in the UK. This is false information, as the disclaimer at the bottom of the website claims otherwise.
The broker claims to be fully regulated by the Federal Trade Commission. These are lies that our team will expose with concrete proof. There’s no such company residing in the United Kingdom of the United States.
Scam artists will choose the ideal location to try and lure investors into signing up. In most cases, they choose the UK to attract European investors. Since the UK has strict regulatory guidelines, every broker wants to appear to adhere to these rules.
The States is another place where the regulator offers strict regulation to brokers. AstroTradeLimited is another scam platform trying to take a piece of the profitable trading market.
Astro Trade Limited is not a legit trading website as it lacks any regulation. The claim at the disclaimer at the footer of their homepage is false. The Federal Trade Commission has no broker licensed under this name.
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If they did, we would have their license number. You should also notice that there’s no document to prove their legitimacy. A legit broker will post copies of their license certificates for all to see.
Without these documents, there’s no way a broker can claim to be fully regulated. Investors must note that in the United States, a broker must deposit $20 million with the regulator. The funds protect investors in the event of bankruptcy or insolvency.
There’s no way this broker has made such a huge deposit. These scam brokers don’t walk the talk, and they are only interested in your funds. Stay away from this imposter of a broker.
According to the disclaimer at the footer of their homepage, Astro Trade Limited is a private company. However, it’s important to note that there’s no information on their whereabouts. The contact page lists a UK phone number which rarely goes through.
It seems that AstroTradeLimited is an anonymous online trading platform. That’s a concrete reason to stay away from them. Anonymity is the perfect partner for scam artists. There’s no way of tracking them.
With the platform nearly a year old, there are no reviews about them. And this is a worrying trend with the anonymous website. Any trading website with over four months and no review is a red flag. There should be someone who has made a profit with the broker.
With no one coming out with proof of profiting from the brokerage, it’s safer to stay away. These are online trading platforms that only allow deposits and no withdrawals.
According to the domain information, the website went live on April 27, 2020. It’s just a month after the Corona Epidemic. With nearly everyone at home, you would expect the platform to have some members.
There’s no indication that anyone has ever signed up with the website. We also notice that there have been four changes on their IP address over the past year. It’s an indication that this is a short-term website.
Astro Trade Limited is offering investors three investment plans to choose from. These plans include Basic, Premium, and VIP. The basic plan comes with a guarantee of 30 percent returns and a minimum deposit of $300. With the premium plan, you get a 50 percent guarantee return and a minimum deposit of $5,000.
The VIP account comes with a guaranteed 80 percent return and a minimum deposit of $50,000. All these plans are created to lure all types of investors.
With each plan comes a bonus with each deposit a member makes. The basic account holder comes with a 50 percent bonus. Premium account holders get an offer of a 70 percent bonus, with VIP account holders getting a 90 percent bonus.
These are scam tactics to lure investors into depositing more funds with them. The industry has been aware of this and is ever becoming strict on brokers offering a welcome bonus. Please stay away from such brokers as they will later block withdrawals.
According to the homepage, there are more than 100 payment methods. Some of these include Bitcoin, FasaPay, MasterCard, Neteller, Skrill, WebMoney, and more. Before depositing with this platform, you should read their withdrawal policy.
We did notice that the liability falls on the member in the event of withdrawal issues. This is just the broker’s way of refusing to allow withdrawals on time. There’s a high chance this broker rarely allows any withdrawals.
There are two platforms on offer as the broker claims to have a secure trading platform. You can download their platform from their website, although the link was broken. The web platform has no intuitive features to help give users an advantage.
We also did notice that the web platform has serious security issues. Once you log in, the broker can easily take over your trading and make trades for you.
Members get the chance to copy trades from what looks like successful traders. The copy trading feature is not working as the trades are a day old. We did notice that some of the trades were the same.
The profit margins were the same for each individual even the next day of trading. It’s a cause for alarm as the copy trading feature is a red flag.
There’s no safety of funds from a broker who fails to have a legit trading license. Once you deposit with this broker, you are ideally kissing your money goodbye. With no one coming forward with any proof of making a profit, you better stay away.
The platform is also not complying with industry rules. If the broker winds up, no one should expect any compensation. There’s no deposit cover to protect investors.
Astro Trade Limited is a scam that investors should stay away from. All the facts point to a broker who will say anything to make you sign up with them.
We won’t be recommending a broker without a valid license from trading authorities. You will end up losing your money with this platform.
Make a bold decision and sign up with authentic brokers who offer safe trading conditions. It would be best if you had a fair and transparent broker and one that ensures your safety.
We wish every investor the very best in their trading venture.
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