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ASTRO TRADES foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://www.astrotrades.co/account/register, about the company's legal and temporary regulatory information, the company's address 1055 West 7th Street 33rd Floor (Penthouse), Los Angeles, CA 90017.

ASTRO TRADES Forex Broker

Basic Information

Registered Region
United States
Operating Period
--
Company Name
ASTRO TRADES
Abbreviation
ASTRO TRADES
Company employee
--
Customer Service Email Address
support@astrotrades.co
Contact Number
+19032513269
Company address
1055 West 7th Street 33rd Floor (Penthouse), Los Angeles, CA 90017
WhatsApp
1(903)251-3269
Keywords
5-10 years
Suspicious Regulatory License
Suspicious Scope of Business
High potential risk

Company profile

ASTRO TRADES Review Summary Registered Country/Region United States Regulation No Regulation Market Instruments Over 1000 assets, Forex, Stocks, Commodities, Indices, Cryptocurrencies Demo Account Unavailable Leverage 1:500 Weekly ROI 5% (FOREX), 5% (STOCKS), 5% (CRYPTO), 10% (REAL ESTATE) Trading Platforms ASTRO TRADES Desktop trading Platform Minimum Deposit $1000 (FOREX), $1000 (STOCKS), $1000 (CRYPTO), $10000 (REAL ESTATE) Customer Support Phone Number: +1(903)251-3269 Email: support@astrotrades.co Address: 1055 West 7th Street 33rd Floor (Penthouse)Los Angeles, CA 90017 Contact form (24/7 support) What is ASTRO TRADES? ASTRO TRADES, an unregulated trading platform based in the United States, offers a diverse range of over 1000 assets across Forex, Stocks, Commodities, Indices, and Cryptocurrencies. The platform caters to various traders with different minimum deposit requirements for each asset class with an attractive Weekly Return on Investment (ROI). Moreover, the platform features a dedicated ASTRO TRADES Desktop Trading Platform for a seamless trading experience. Pros & Cons Pros Cons Diverse Asset Range No Regulation Educational Resources Multiple Customer Support Channels Pros: Diverse Asset Range: ASTRO TRADES offers a broad selection of over 1000 assets, allowing traders to explore various markets, including Forex, Stocks, Commodities, Indices, and Cryptocurrencies. Educational Resources: Traders benefit from educational resources, particularly an extensive glossary, serving as a valuable knowledge hub to enhance understanding of financial market terms and concepts. Multiple Customer Support Channels: ASTRO TRADES provides various customer support channels including phone, email, and contact form (24/7 support), enhancing accessibility and assistance for clients. Cons: No Regulation: The lack of valid regulation raises significant safety and trust concerns, as regulatory oversight is crucial for ensuring customer protection and platform transparency. There are also reports of being unable to withdraw and scams, adding to the cons of the platform. Is ASTRO TRADES Safe or Scam? ASTRO TRADES currently lacks valid regulation, which raises significant concerns about its safety and legitimacy. Regulatory oversight is crucial for ensuring that a financial services provider operates within established standards and adheres to specific rules and requirements designed to protect investors and clients. Without proper regulation, there is an increased risk of fraudulent activities, scams, and inadequate consumer protection. Market Instruments ASTRO TRADES presents a diverse array of trading instruments spanning multiple asset classes, providing traders with an extensive range of options to explore. With a portfolio comprising over 1000 assets, the platform caters to a wide spectrum of financial markets. Traders can engage in Forex trading, delve into the dynamic world of stocks, explore opportunities in commodities, track market movements through indices, and participate in the ever-evolving realm of cryptocurrencies. This comprehensive selection allows users to diversify their trading strategies and capitalize on various market trends across a multitude of global assets. Account Types ASTRO TRADES facilitates trading with varying minimum deposit requirements tailored to different asset classes, ensuring accessibility for a range of traders. For those interested in Forex, the platform sets a minimum deposit of $1000, providing entry to the dynamic foreign exchange market. Similarly, the minimum deposit for trading stocks and gaining exposure to equities is also $1000. Cryptocurrency enthusiasts can initiate trades with a minimum deposit of $1000, tapping into the volatile yet lucrative crypto market. Moreover, ASTRO TRADES caters to real estate investors with a minimum deposit requirement of $10,000, offering a distinct avenue for those looking to diversify their portfolios beyond traditional financial instruments. How to Open an Account? Steps: Click the button ''OPEN ACCOUNT'' on the homepage. Follow the on-screen instructions to input your personal and contact details. Set a secure password for your account. Read and agree to the Terms and Conditions and any other policy as required. Click the green “Submit” button. An email will typically be sent to your registered email address to verify your account. Ensure to check your inbox and spam folders. Click on the link received in the verification email to activate your account. Weekly ROI ASTRO TRADES presents a compelling opportunity for investors with its attractive Weekly Return on Investment (ROI) structure across various asset classes: Forex Trading: Weekly ROI of 5% Engage in the dynamic world of Forex trading with ASTRO TRADES and enjoy a consistent weekly return on investment of 5%. This feature allows traders to benefit from the volatility and liquidity of the foreign exchange market. Stock Trading: Weekly ROI of 5% ASTRO TRADES extends its lucrative weekly ROI to the stock market, providing a 5% return for STOCKS trading. Investors can capitalize on opportunities in individual company stocks with the potential for steady returns. Cryptocurrency Trading: Weekly ROI of 5% Explore the exciting realm of cryptocurrencies with ASTRO TRADES, offering a 5% weekly ROI for CRYPTO trading. This feature enables investors to navigate the dynamic and evolving landscape of digital assets. Real Estate Investment: Weekly ROI of 10% Diversify your investment portfolio by participating in real estate markets through ASTRO TRADES. The REAL ESTATE account boasts an impressive 10% weekly ROI, providing an attractive avenue for those interested in property-based investments. Trading Platform ASTRO TRADES exclusively provides its clients with the ASTRO TRADES Desktop Trading Platform, offering a robust and comprehensive solution for seamless trading experiences. This dedicated desktop application ensures that clients have direct access to a wide range of trading tools, charting capabilities, and analytical resources. The user-friendly interface of the ASTRO TRADES Desktop Platform enhances the overall trading journey, allowing clients to execute trades efficiently, conduct in-depth market analysis, and stay informed about market trends. Customer Service ASTRO TRADES provides a comprehensive and accessible customer support network. Their support team can be reached through different channels for ultimate convenience. Phone Number: +1(903)251-3269 Email:support@astrotrades.co Address: 1055 West 7th Street 33rd Floor (Penthouse)Los Angeles, CA 90017 Contact form (24/7 support) Education ASTRO TRADES enriches the trading journey for its clients by providing valuable educational resources, including an extensive glossary. This comprehensive glossary serves as a knowledge hub, offering traders a wealth of information and explanations about key terms, concepts, and terminologies relevant to the financial markets. Whether clients are new to trading or seasoned investors, the ASTRO TRADES glossary acts as a reference guide, fostering a deeper understanding of the intricate aspects of trading. Conclusion In conclusion, ASTRO TRADES offers an extensive range of trading instruments, various account types, education resources, and various customer support channels, making it an advantageous platform for various investors with varying investment styles and goals. However, the lack of valid regulation raises significant concerns about the safety and trustworthiness of the platform. Frequently Asked Questions (FAQs) Q 1: Is ASTRO TRADES regulated? A 1: No. It has been verified that this broker currently has no valid regulation. Q 2: Does ASTRO TRADES offer demo accounts? A 2: No. Q 3: What is the minimum deposit for ASTRO TRADES? A 3: The minimum initial deposit to open an account is $1000. Q 4: Does ASTRO TRADES offer the industry leading MT4 & MT5? A 4: No. Instead, it offers ASTRO TRADES Desktop trading Platform. 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 provided in this review may be subject to change due to the constant updating of the company's services and policies. In addition, the date on which this review was generated may also be an important factor to consider, as information may have changed since then. Therefore, readers are advised to always verify updated information directly with the company before making any decision or taking any action. Responsibility for the use of the information provided in this review rests solely with the reader.

Rating Index

REAL ESTATE

Minimum Deposit
$10,000

CRYPTO

Minimum Deposit
$1,000
How to login to ASTRO TRADES?
ASTRO TRADES Complete Account Guide: Registration, Account Opening, and Login Processes Part One: Account Registration Process How to Register an ASTRO TRADES Account To start trading on ASTRO TRADES, you first need to register for an account. This process is straightforward and consists of several

  

ASTRO TRADES Forex Broker - Complete Information Guide

  

1. Broker Overview

  ASTRO TRADES, an unregulated trading platform, has been operational for approximately 2 to 5 years. The company is headquartered in the United States, specifically at 1055 West 7th Street, 33rd Floor (Penthouse), Los Angeles, CA 90017. It operates as a private entity, catering primarily to retail traders interested in a variety of financial markets.

  The broker offers a diverse range of services, including access to over 1,000 assets spanning forex, stocks, commodities, indices, and cryptocurrencies. This extensive selection allows traders to explore multiple investment avenues, making it appealing to a broad customer base. However, the lack of a demo account may deter some potential users from engaging with the platform.

  In terms of development, ASTRO TRADES has positioned itself as a player in the online trading space, although its business model remains somewhat ambiguous due to the absence of regulatory oversight. The platform primarily operates on a retail forex model, targeting individual traders rather than institutional clients.

  

2. Regulatory and Compliance Information

  Currently, ASTRO TRADES broker operates without any valid regulatory licenses. There are no records of its registration with prominent financial authorities such as the Securities and Exchange Commission (SEC) or the Commodity Futures Trading Commission (CFTC) in the United States. This lack of oversight raises significant concerns regarding the safety and legitimacy of the broker.

  • Regulatory Body: None
  • Regulatory Number: Not applicable
  • License Validity: No valid licenses
  • Local Entities: The broker claims to be based in the United States but lacks verification.
  • Client Funds Segregation: There is no information available regarding the segregation of client funds.
  • Investor Compensation Fund: No participation in any investor compensation schemes.
  • KYC and AML Compliance: Details regarding Know Your Customer (KYC) and Anti-Money Laundering (AML) measures are not provided.

  Given these factors, potential clients should exercise extreme caution when considering investments with ASTRO TRADES.

  

3. Trading Products and Services

  ASTRO TRADES offers a wide array of trading products, including:

  • Forex: The platform provides access to numerous currency pairs, although specific numbers are not disclosed.
  • CFD Products: Traders can engage in contracts for difference (CFDs) across various categories such as:
  • Indices
  • Commodities
  • Stocks
  • Cryptocurrencies

  The platform claims to update its product offerings regularly, ensuring traders have access to the latest market instruments. However, detailed information on the frequency of updates or the introduction of new products is not available.

  For retail clients, ASTRO TRADES provides trading services that are designed for individual investors. There is no mention of services tailored for institutional clients or white-label solutions, indicating a focus on retail trading.

  

4. Trading Platform and Technology

  ASTRO TRADES broker utilizes its proprietary desktop trading platform, which is designed to facilitate a seamless trading experience. However, it does not support popular third-party platforms like MetaTrader 4 or MetaTrader 5. Key features of the platform include:

  • Web-Based Trading: The platform is accessible via a web interface, although it lacks sophisticated trading tools and functionalities.
  • Mobile Application: There is no information available regarding the availability of a mobile app for trading on iOS or Android.
  • Execution Model: The execution model is not clearly defined, with no explicit mention of whether it operates as ECN, STP, or Market Maker.
  • Server Location: The servers are indicated to be located in the United States, but further technical infrastructure details are not provided.
  • API Access and Automated Trading: There is no information available regarding API access or support for automated trading.

  The limitations of the trading platform may affect the overall trading experience for users.

  

5. Account Types and Trading Conditions

  ASTRO TRADES offers several account types, each with distinct conditions:

  • Standard Account: Requires a minimum deposit of $1,000 with unspecified spreads and commissions.
  • High-Level Accounts: Details about VIP or professional accounts are not clearly defined.
  • Special Accounts: There is no mention of Islamic accounts or corporate accounts.
  • Demo Account Policy: No demo accounts are available for potential clients to practice trading.
  • Leverage Ratios: The broker offers a leverage ratio of up to 1:500, which is significantly higher than the legal cap for retail clients in the U.S. (1:50).
  • Minimum Trade Size: Specific details regarding minimum trade sizes are not provided.
  • Overnight Fees: Information regarding overnight fees is also absent.

  The terms and conditions associated with trading accounts may pose risks for traders, especially considering the lack of regulation.

  

6. Fund Management

  ASTRO TRADES supports a variety of deposit methods, including:

  • Bank Transfers
  • Credit Cards
  • E-Wallets

  The minimum deposit requirement varies depending on the account type, with a baseline of $1,000 for standard accounts.

  • Deposit Processing Time: Specific processing times for deposits are not disclosed.
  • Deposit Fees: There is no information available regarding any fees associated with deposits.
  • Withdrawal Methods and Restrictions: The broker lists several withdrawal methods, but detailed restrictions are not provided.
  • Withdrawal Processing Time: Information about how long withdrawals take to process is not available.
  • Withdrawal Fee Structure: There are no details on any fees associated with withdrawals.

  The lack of transparency in fund management practices raises concerns about the security of client funds.

  

7. Customer Support and Educational Resources

  ASTRO TRADES provides various customer support channels:

  • Support Channels: Clients can reach out via phone, email, and an online contact form.
  • Service Hours and Time Zone Coverage: The support team is available 24/7.
  • Multilingual Support: The platform offers support in multiple languages, although specific languages are not listed.
  • Educational Resources: ASTRO TRADES claims to provide educational materials, including:
  • Webinars
  • Tutorials
  • E-books

  However, the extent and quality of these resources are not detailed.

  • Market Analysis Services: There is no mention of daily analysis, news updates, or research reports provided to clients.
  • Trading Tools: Basic trading tools such as calculators and calendars are not specified.

  The overall educational offerings appear limited, which may impact novice traders seeking guidance.

  

8. Regional Coverage and Restrictions

  ASTRO TRADES primarily serves clients in the United States. However, it may not accept clients from the following regions:

  • Countries with strict financial regulations: Specific countries are not listed, but potential clients should verify their eligibility based on local laws.
  • Special Restrictions: There is no detailed information on any special restrictions that may apply to certain countries.

  In conclusion, while ASTRO TRADES offers a range of trading products and services, the lack of regulation and transparency raises significant concerns for potential investors. It is advisable for traders to conduct thorough research and consider regulated alternatives before engaging with this broker.

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ASTRO TRADES Forex Broker has an overall rating of 1.49, Regulatory Index 0.00, License Index 0.00, Business Index 6.87, Software Index 4.00 Risk Control Index 0.00.
ASTRO TRADES