AstralFXTrade is a platform offering contract for difference (CFD) trading on forex, stocks, indices, futures, precious metals, energy, and cryptocurrencies. It provides trading services via its website (astralfxtrade.com), claiming to have years of experience in the financial markets and offering various account types for users. However, inquiries reveal that the platform lacks a genuine corporate entity to support it.
Company Background and Registration Information
AstralFXTrade claims on its website to be a UK-registered company, providing a company number of 12233090, and states it has 23 years of financial trading experience. Additionally, the platform displays a UK company registration certificate, with the company name ASTRAL FOREX, registration number 15185413.
According to the UK Companies House, the company registered under number 12233090 is actually GOLDFIELD LIMITED, while the company registered under number 15185413 is ASTRAL FOREX LTD. Neither of these companies is authorized by the UK Financial Conduct Authority (FCA) nor registered as a legitimate financial trading platform with relevant regulatory bodies.
Additionally, the "ABOUT US" page on the official site describes the company's development history, stating it was established in 2013 in Australia. However, this content appears to be identical to the corporate development history found on the website of the broker TMGM, suggesting possible plagiarism.
Trading Software and Account Types
The AstralFXTrade website does not specify the trading software it uses. Users can only register and log in via the web-based proprietary trading system. The platform offers spreads starting from 0 pips, with a maximum leverage ratio of 1:500 and a minimum deposit of $500.
The platform offers four different account types:
Premium PACKAGE
- Minimum deposit: $300
- Maximum deposit: $2,499
- Applicable for short-term and long-term trading
- Base currency: USD
- Provides comprehensive IT support
- Offers referral bonuses
- Allows hedging
- Spread: from 1.9 pips
- Leverage: 1:10
- Real-time chart support
FLEXIBLE PACKAGE
- Minimum deposit: $2,500
- Maximum deposit: $25,000
- Applicable for short-term and long-term trading
- Base currency: USD
- Provides comprehensive IT support
- Offers referral bonuses
- Allows hedging
- Spread: from 1.7 pips
- Leverage: 1:5
- Real-time chart support
Bronze PACKAGE
- Minimum deposit: $25,000
- Maximum deposit: unlimited
- Applicable for short-term and long-term trading
- Base currency: USD
- Provides comprehensive IT support
- Offers referral bonuses
- Allows hedging
- Spread: from 1.4 pips
- Leverage: 1:10
- Real-time chart support
PROMO PACKAGE
- Minimum deposit: $1,500
- Maximum deposit: $50,000
- Applicable for long-term trading
- Base currency: USD
- Provides comprehensive IT support
- Offers referral bonuses
- Allows hedging
- Spread: from 1.1 pips
- Leverage: 1:15
- Real-time chart support
Deposit and Withdrawal Methods
The platform's website does not clearly list supported deposit and withdrawal methods, nor does it disclose processing times, fees, or other specific information.
Regulatory Information
The platform claims on its website to be regulated by the Australian Securities and Investments Commission (ASIC) and the Vanuatu Financial Services Commission (FSC).
- Australia (ASIC)
The website indicates the Australian entity as AstralFXTrade Australia Pty Ltd with license number 436416. However, upon inquiry, this number belongs to the broker TMGM's registered entity, Trademax Australia Limited. - Vanuatu (FSC)
The website's listed Vanuatu regulatory entity is Trademax Global Limited, which also belongs to TMGM.
In summary, the regulatory information claimed by AstralFXTrade is misleading, and its actual operations lack effective regulation.
Company Address and Personnel Information
The official site provides an address of 76-78 Wolverhampton Road, Cannock, England. However, a UK Companies House search shows no active company registered at this address.
Moreover, the platform does not disclose any company personnel information, and no related personnel information can be found on the public internet.
Website Traffic and Template
According to Semrush website traffic data, the AstralFXTrade site receives less than 100 visits per month, indicating very low usage.
Furthermore, the website's design template is identical to several questioned trading platforms (e.g., CapitexKryptoFX, TradesHorizon, EquinoxForexMarket), suggesting a high degree of association through similar mass-produced templates.
User Reviews and Brand Exposure
No user reviews related to AstralFXTrade can be found online, nor are there any news reports or coverage from industry media.
Contact Information and Social Media
The platform provides only email ([email protected] / [email protected]) as the sole contact method and lacks official accounts on mainstream social media such as LinkedIn, Facebook, Instagram, Twitter, and YouTube, limiting interaction with users.
Risk Report
Based on the above information, there are several potential risks associated with AstralFXTrade's operations:
- Questionable Company Entity
The platform's claimed registration information does not match UK Companies House search results, and it is not regulated by the FCA, raising doubts about the actual company background. - Opaque Regulatory Information
The claimed regulatory information on its website indicates connections with Australia's ASIC and Vanuatu's FSC, but inquiries show these belong to another broker, TMGM. - Unspecified Trading Software
The platform does not provide specific trading software information, limiting users to trading via a web-based proprietary system, leaving the stability and security of its trading environment uncertain. - Unclear Deposit and Withdrawal Methods
The platform has not disclosed specific methods, fees, or processing times for deposits and withdrawals, causing uncertainty regarding the security of user funds. - Lack of Personnel Information
The official site does not disclose any management team or employee information, nor can any related information be found on the public internet, indicating low transparency. - Very Low Website Traffic
According to third-party platform Semrush statistics, the site's traffic is extremely low, suggesting poor market acceptance and a lack of an active user base. - Website Template Similarity with Questionable Platforms
The site design is similar to multiple questioned trading platforms, potentially indicating mass duplication. - Lack of User Feedback and Brand Exposure
No user reviews or news can be found online, pointing to low market influence and credibility.
Overall, investors should carefully scrutinize the compliance, regulatory status, and user feedback of trading platforms to mitigate potential financial and trading risks.
