Astrocapitaltrade Review – Truth Behind Astrocapitaltrade.Com
Astrocapitaltrade web page seems to be rather dubious. Some of the guests are probably concerned about whether Astrocapitaltrade can be looked at as relied upon.
In the beginning Astrocapitaltrade broker feels particularly reputable, yet, looks can certainly be awfully misleading. From the fake regulation and license, to providing a fake address, there are many things this investment scam lies about.
That’s why this Astrocapitaltrade broker review will help you fully understand all the manipulative tactics these scam brokers use.
|Address||Coffeyville, Massachusetts USA|
Astrocapitaltrade Regulation and Security of Funds
Astrocapitaltrade is supposedly based in the US but licensed by authorities such as the UK’s FCA, Cyprus’s CySEC, South Africa’s FSCA, and the FSC (Mauritius), among others. However, a few quick register checks proved that this broker is completely unregulated.
The fact that they were willing to lie about it proves that the company is also untrustworthy. The broker uses the same old lines. Just like others, it promises to be “a creative broker with a worldwide stance” that “tries to reform the online trading industry”. But in reality it offers no proof that it would not run off with your money the moment it gets the chance to.
Astrocapitaltrade Supported Trading Platform
Astrocapitaltrade did not allow us to open an account. We filled out their registration form and tried to log in but all we managed to do was reload the broker’s homepage.
As a result, we were unable to see what sort of platform they offer, or if they offer any sort of functional trading software at all. However, such scam brokers rarely try to provide the best software. Nonetheless, we do advise you find a good and reliable broker that is regulated and that will provide you with an MT4 or MT5 trading platform.
Astrocapitaltrade Account Types Offered
Astrocapitaltrade has 5 account types, which are the following:
The minimum investment amount is $1,000 for the bronze package whereas it is $50,000 for the VIP investment package. This minimum investment amount is way too high considering that this broker is not regulated. The amount should be little such that an investor can comfortably risk first to see how the system works to establish whether it is worth investing more money in.
Deposit and Withdrawal Options
The user area reveals that crypto wallets and some popular alternative methods are used for investing. However, the broker makes it difficult and obscure to invest in the wallets. The crypto ones are the easiest and most accessible to invest in. All crypto deposits are untraceable, and it makes sense that the broker uses them.
There is no further information on payments. We have no details on withdrawal fees or processing times, nor anything else. Astrocapitaltrade is not worth investing in. It will steal your money and will misuse any personal details.
How the Fraud Is Conducted
Like many scam brokers, Astrocapitaltrade will make an ad where they will state people have made huge amounts of money by investing with them and using their trading software. Once you have your details, that’s when the scheme tactics begin.
The company’s agents will start by sending you emails which then will turn into constant phone calls. When they get you on the line, agents will do anything and everything in their power to get you on board. And of course, the more you invest the more you will make.
Don’t fall for those cheap tricks and always do the needed diligence and research before you invest.
While conducting this broker review we found that Astrocapitaltrade is likely just an offshore broker that follows no regulations and therefore offers no safety for trader’s funds. The minimum deposit requirement is set at $1,000, which is another red flag as many legit companies ask for as little as $10.
The broker also offers 5 different account types, each one designed for traders with bigger investments. The broker says they offer a demo account for potential traders, but once you try to access it, this feature does not work.
Additionally, this scam broker falsely claims to be regulated by many big and well-known regulatory bodies such as FCA, BaFin, CySEC, CNMV and many more.
Lastly, Astrocapitaltrade has only two deposit options which are via cryptocurrencies and some other alternative funding methods. And in case you got scammed, there is no need to feel ashamed. Getting your money back is possible and we would appreciate it if you would reach us since we can help you report your scammers.
Also, always remember to think twice before depositing your money anywhere.
FAQs About Astrocapitaltrade Broker
What Methods Can I Use to Deposit Funds?
Astrocapitaltrade offers only two funding methods which are crypto and some other alternatives to this.
What is The Funding Method at Astrocapitaltrade?
As we have mentioned, this broker only offers crypto and other alternative funding methods.
What Trading Instruments are Available at Astrocapitaltrade?
Trading instruments available on Astrocapitaltrade are Forex, Crude oil, Bitcoin, Commodities.