Is AstroFX A Good Broker or a Scam?
AstroFX has been the target of several regulators, including the highly influential FCA of the United Kingdom and financial regulators in Belize. It’s believed that AstroFX is a clone broker, taking the name similar to a regulated broker with a similar name, AstroFX Trading. This is a very underhanded tactic, because it is intended to trick people into thinking they are offering a legitimate service. This shows how underhanded fraudulent brokers can be.
We Have Some Concerns with AstroFX
The FCA has warned the public that AstroFX is offering services without a license. Why are licenses important? If you have a dispute, there is recourse if the broker has a regulator overseeing it. However, non-licensed brokers have no oversight and you have to go to the police. This may be effective, but you need professionals on your side to help you case. ReportScamOnline experts can help you locate your funds
AstroFX Red Flags
- No license
- Flagged by regulators, Belize and the FCA
- False guarantees
- No transparency
- Negative reviews
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ReportScamOnline experts understand brokers–reliable ones and scam operations. We have researched brokers and have created these reviews to help consumers make the right choice for trading. We recommend that you avoid AstroFX and instead find a reliable and licensed broker. If you have lost money to this broker, contact us and we will launch an investigation that will bolster your claim.