Beware! AstroFX is an offshore broker! Your investment may be at risk.

RECOMMENDED FOREX BROKERS

Don’t put all your eggs in one basket. Open trading accounts with at least two brokers.

 

AstroFX is a broker allegedly located in Seychelles, offering very suspicious trading conditions, so strange in fact, that we don’t think there are any at all. Read on to find out more.

ASTROFX REGULATION AND SAFETY OF FUNDS

As mentioned AstroFX  claims to be located in Seychelles and regulated by CySEC. This is quite rediculous, for CySEC is a Cypriot regulatory agency, and Seychelles has its own license issuer that has not included the current broker in its regulatory database. There are other aspect about AstroFX  that hint at a scam here. One is the missing legal documents, aside from the Privacy Policy which is strikingly short. We can safely conclude that AstroFX is UNREGULATED and therefore a risk to all investors!

Traders needn’t have to worry themselves with such risk if they choose to trade with a brokerage regulated and authorized by a prestigious regulatory agency. Such agencies are the FCA in the UK or CySec in Cyprus which have been leading names in Forex trading for some time now. Their regulatory framework is composed of a number of strict rules which prevent clients from falling victims to fraud. Such rules include the segregation of accounts which assures that commingling with the client’s money is not possible. Furthermore, a license by such a regulatory body entails participation in a financial mechanism by which clients may be compensated if they suffer losses due to fraud or bankruptcy. With the FCA the compensation is up to 85 000 pounds, where as with CySEC it is up to 20 000 euro per person.

ASTROFX TRADING SOFTWARE

AstroFX has one of the poorest trading platforms ever. We can’t even call it a trading terminal, for the charts are taken from a third party chart provider that follows market trends, meaning that AstroFX has not actual trading terms.  The terminal in itself reminds us of an early 2000s attempt at a platform; not even novice uses will be tricked by this. There is nothing to keep you invested here!

ASTROFX DEPOSIT/WITHDRAWAL METHODS AND FEES

The way to deposit is via bitcoin, which is the most preffered method for depositing used by scammer brokers because btc is untraceable. However, once we proceeded with the payment method, the dashboard reveaeld that users can actually deposit with, on top of the bitcoin methods, Wire Transfer, Credit Card, Western Union, Money Gram, Perfect Money.

Withdrawals on the ther hand, can be requested via Skrill, Visa, Master Card, Wire Transfer, Okpay, Bitcoin, Mercago Pago.

Visa and Master card deposit and withdrawals are charged with 5%. There are no talks of other fees anywhere on the site.

We strongly advice traders to only deposit the minimum deposit, or better yet – not deposit at all! As for the withdrawals, scammers are known to either deny such requests, or impose incoming and unexpected charges.

How does the scam work?

Users will be in the middle of a scam without even knowing it, that’s how efficient these scams are. Yet, clients will also be surprised that the most utilized scammer structure is laughably easy to grasp, making it predictable. We have dedicated the following section to the reveal of how the scam works.

The internet is filled with ads, it’s the fuel of the industry, and a big chunk of said advertisements are misleading and some are downright deceitful. The ads concerned with unregulated forex brokers are often very promising, and most of the times utilize completely false claims of immediate profit. Those tempted enough will be redirected to a robo-scam website that further guarantees profits. The only thing that separates the user from the unrealistic promises is a fast registration process that requires a phone number and an email address. After inputting this info unsuspecting users will start getting phone calls from illicit broker representatives, whose one and only job is to initialize the scheme by pushing a trader to make that first deposit of around $250. After that’s done, the senior representatives will be calling. These expert scammers are extremely good talkers, and will start working on you to start putting even more money in. They say that the more money invested, the higher the profit will be. At this point most traders start seeing the big picture, and will want to withdrawal their money and get out fast.

However, the scammers have anticipated this development, and are ready to counter any withdrawal request. Typically they find excuses for delaying the request in the legal documents that hold specific clauses for these purposes. The reasons are many. One thing to remember is that all illicit brokerage firms will deny the withdrawal request for as long as they can, because of the imposed time limit traders have for filling a chargeback. Once the crucial due date is not met, any chargeback requests will be denied.

What to do if scammed?

Those of you who deposited using VISA and MasterCard wil be glad to know that both companies have extended their chargeback time span to 540 days, especially if the reason for it is an online scam.

Scammers will steal directly from a bank account, if the traders has provided crucial details, like banking password or security code. If it get down to this, be sure to either block the account or change the password.

Sometime victimized users will stumble upon the so called recovery agents that promises to magically reclaim all lost investments, for a fee that is. Needless to say, they will not get back any of the lost funds, and will basically scam you a second time.

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54 Comments

  1. AstroFX and EverythingFX are both one and the same company. I haven’t bought his courses but I did review his free courses that have been leaked online. Basically a watered down strategy you can find anywhere for free online.
    They have been flexing Shaun’s Myfxbook (https://www.myfxbook.com/members/ASTROFX/shaun-lee-personal-5k-challenge/2554781) where he attempted to convert a $5,000 account to $1 million which he’d blown, for marketing purposes.

    What the public doesn’t know, and do not see on his open public Myfxbook, is that Shaun blew the account on margin call during heavy rollover rates mid week. I was able to confirm this information through the owner of the Traders Domain
    broker, Ted Safranko. Since he was trading so aggressively and using up all of his margin, a little hiccup such as rollover rates was enough to crash his portfolio. The reason it doesn’t reflect his blown account in Myfxbook now is
    because he unplugged the Myfxbook by changing the password..very easy to do.

    You can see his balance in his Myfxbook “$248,825.13” and by checking his “history” tab further down below if he withdrew the remainder of his funds. If he didn’t unplug his Myfxbook, why is his $248,000 still sitting in his account???
    Naturally, the Myfxbook will only show his positive extreme growth when it should have been blown and in red. He did walk away with $102,000 in withdrawal, and it’s still impressive from that perspective, but to unplug his Myfxbook
    and claim to grow the account at such an extreme ROI and covering up his blown account for sign up money is a bit sketchy. Shaun had a lucky streak where he leveraged other people’s money (through course selling) to finance a
    5k deposit. Keep in mind every portfolio he opened after that, and even others before it, he had blown easily in such a short amount of time. If he’s such as great trader, why is he blowing accounts?

    1. Cecilia Tagaloa Tonga

      Hello there

      Appreciate your report. You mentioned if been scammed that funds can be refunded.

      Astrofxbtcmining just scammed me with $220USD promisong a profit of $1,500. within 5day period.

      Can this be done if payment wass sent in thru bitcoins please?? Im can it be refunded by btc and deposit it back to mh btc wallet.

      Appreciate your input please

      Regards,
      Celia

  2. Me they stole me 3200 $ cad and never answer me telling me story for 2 days . I m nervous to know they have bad communication . Friday i paid no communication telling me will have access **** its easy to give access to customer 5 seconds now keep msg them. I alert the police in england too with all the message via whatsapp and everywhere . SO maybe they will refund me hope so .

    1. is this from the AstroFx accelerated program?

      1. willy david montenegro

        aman natt fx trader . aman natt george. armaan dickson . fx chris amanatt. astrofx. allen butler. allen matheus. aman natt natti . aman natt muth astrofx . aman natt fx ( raheemfx). all this company- same one person . one of their senior old staff broker was a swindler- n trying to ask for three times addtl dep on the amt on wallet – in order to get the profits . after dep – still asking to pay activation n upgrading fees or else cant get the profits.

  3. They got 3,000€ from me and promise me to get my profit. in just 1month they get easily my money.when i said i will not going to get my profit and want to refund the money, the founder/ceo AMAN NATT promise to refund it today. but as I check ut this morning He blocked me.so I can not send message to him anymore.
    They are have lots of sweet words and promises. they scam me just like that.

  4. I inquired about signing up for the course and was asked how much money i had to trade live and told them 5k and someone named Revina contacted me. When i asked Revina how much it would cost to sign up she told me…5k lol. I chose not to sign up because i saw some sketchy stuff online. 2 weeks later i get a whats app message saying astro fx is have a black friday sale for 500 dollars from the original price of 1700 dollars. So why was it going to cost me 5k? Please watch out you guys for these people.

  5. Complete Scam artists. Let’s start off by stating they are going to tell you what ever they need to to get your credit card information. First Joe tells me the same story about how Shaun hand picked me out of the messages and sent him my information right away because I was a perfect fit for the team (the same BS they say to everyone). Then he tried to charge me $5,000 more for the astro fx accelerated program than what they actually charge. Then he “gave me a deal” knocking it down to $10,000 which is the ACTUAL PRICE (which I found out later on during investigating). In order to get the “deal” I needed to secure my spot with a $1,000 deposit.

    After the deposit I ended up doing further digging because some of what I saw didn’t sit right (they are good marketers and will push you until they get your cc info right then and there). After seeing many people getting scammed by these guys and getting absolute garbage content I message Joe back asking for a refund. He said no refund would be provided since they gave me access to the online learning portal (which was not supposed to be a part of the $1,000) even though I hadn’t accessed it (which they can see in the backend).

    On top of that they also used my credit card info to setup a recurring payment under a different company name.

    You’ve been warned.

    1. Hi Connor so did you not get your money back because they have done the same to me told me that I start with 300 and the in order to get my money out I have to upgrade my pack to 500 pounds and then he promised me 5k in return

      1. first they would ask u to dep $200. then addtl dep $250 due to shortage for trade . inorder to get a total $5,100 -had to pay for upgrading fees amt $400 n their old staff broker kept on insisting n asking to dep it soon.

        1. – senior staff broker of aman natt (natti) – use several name liked paul scatter , . allen butler n matheus allen . trying to swindler / sweet talk – n asking to dep on wallet amting $500 – n promise to gave big profits once dep – up to now nothing happen . even asking for bank acct – will help get the money there . if not dep the asking amt – everyday non stop asking for it.

      2. be careful with the old senior staff broker of astrofx / aman natt nati – also a swindler . they use diff cel no to contact . even ask for your bank account and credit card to get certain amt to dep with them and trade.

        1. shabs fazl fx (aman natt) and astrofx -was only same person – use many diiff name n places n cel no – why had to do this if had a decent honest business n investing services- even use God name- if dnt had bad intention toward peoples – no need to fear that no one will trade n do business wiith them

          1. Shabs Fazl has so many different names she has to get mixed up. I’ve seen it myself. 54 profiles on Instagram. Fazl also went by and still does Olivia Jennie. She’s Nigerian. DO NOT allow any of these names into your social media!!! Even on YouTube you will find a woman that goes by Shabs Fazl!!

        2. Erickson James Ramirez

          xcellmarkets, track trade fx , astrofx , astro forex bitcoin n binary mgmt comptant trdg options – its only same one person – BEWARE n careful . think .

          1. Fernyhough Dred Shaun

            DOM broker said i choose you to trade with us in astrofx / aman natt (natti) co. with same person operate . you the right one for us . we had trade over the world. just dep $300 in wallet . and it will become $2,000. I believe. after deposit the amt he call up again n told to dep again another $500. n will get $4,000 . I believe . after checking the wallet – all the deposit was not in the wallet anymore . and cant contact him anymore.
            its a scam –
            Beware of them.

          2. I dealt recently with Charles Soward which uses the same profile picture like Shaun Lee of astrofx and he Charles on telegram asked me to deposit my initial investment of 500 which then was due after 12 hours and its been 5 days and I have been going after him to release my withdrawal request and I am told to upgrade with 500 dollars and it will be releases and I transferred 500 and he disappeared and still withdrawal request not granted and after he came saying I need deposit another 602 for vat taxes and still till today every one of the customer service I spoke to has different amount for me to deposit before I can cash out. One customer service threatened to block my account if I keep asking about my money and can any one help me with this situation and I can be reached on whatsapp 7542523512. Thanks I am so scared cos this is my last saving plus I lost my job due to disability. Some one help me please

      3. be careful with the old senior staff broker of astrofx / aman natt nati – they use diff cel no to contact . even ask for your bank account and credit card to get certain amt to dep with them and trade.

  6. Mark andrew Necor Franco

    Karma will take you back..
    Scammers succeed but I the end
    They will suffer the consequences

  7. I got scammed and the hoops the try to get you to jump through with more money bigger profits, you been warned guy. Beware

  8. astro247 net company trading beware of them – scam also – asking for activate n ugrading fee

  9. allen butler n allen mattheus of astro247netcompany trading n expertise trading – they are same company – beware of them

  10. aman natt . allen mattheus . allen butler. expertise trading . astrofx. . astrofx247 net company trading – all the same – they just only one using diff name – with old broker going out to victim trader .

  11. even said just gave bank account number n they will get the amount on the bank account. – the rest leave it to them n they will work it out on the bank acct for trading .
    what do they think of ones personal acct- beware on their sale talk

  12. Joseph Edward Fonseca

    using so many names -liked allen matheus /aman natt natti – astrofx n etc – the true was its only same one person trying to look for who want to trade with them- if they were really honest no need to do such things . no need to advertise .
    – peoples will naturally trade if they had a good performance.

  13. astrofx247netcompany trading , astrofx (aman natt) , astro forex trader – use diff co. name but same one person trying to ask for trade . assign old senior broker to call up n ask for personal bank acct. the old broker was good in swindler , n said just gave him d acct no., he would handle n do it all- (u know what it meant – just simply ask for acct no.. – ), first deposit $500 in wallet . after 48hours call up had to dep another $500 for upgrading fees to get a big amount in return – after checking the wallet – all the amt deposited in wallet was not there already . ( they thought money are easily to get. – didnt think its hard earn money ). until now nothing happen .

  14. Wayland Kend Dennis

    astrofxtrade . the binary option experts . trusted fx option forex n binary trdg. astrofx . mike jonah . allen matheus are same co of same one person ., his broker used alias by the name -allen matheus , paulscatter , allen butler and said must trust him specially money matter and trade with him. he had many cel no. And saying can even give the bank acct number -he will do the rest.
    after dep $1,000 on wallet – he promise to give profits amting to $4,000. Later found out –
    the amt in the wallet , wasnt there anymore.

  15. Tyff Harper Hollar

    broker of astrofx / allen matheus – call up to trade with them for $1,000 n dep in wallet – telling will make profits within few days – its not true – they still ask for others fees to complete its dep.
    Beware
    use diff name /places/ cel .
    no such things as so an easy money .

  16. using the ffg -same one person – to this name : aman natt official , khalil-ur–Rehman Nawaz /astrofx/ astro247net trdg co. . so scary to join , had been join them with no outcome of return back- even only my intial dep .
    BE CAREFUL EVERYONE .
    karma .

  17. what the reason behind why had to use many name but its the same one n only same person trying to look for peoples to trade with promise to return back big profits – hard earn money in just one click cant return back what had dep – using this ffg names – astrofx trade, richard craig, hudson anthony, bryson marverick, david william . allen matheus allen butler, amannatt — must be alert when get in touch .

    1. Shaun lee uses charles soward with same picture on facebook and videos and they scammed me off my principal of 1000 dollars asying to upgrade and to pay vat for another 750 dollars. I got nothing back till today. Charles soward uses atrodaulfx.Com

  18. Schulz Fran Avis

    cant believe why shld do so many acct – but its only one person with diff name: sammyfxtrader (aman natt). aman natt astrofx . aman nattfx trader. astrofx.online. richard william. .
    advise me to dep the initial amt then ask again for another amt cos its short to trade n cant get the profits
    its been how many months since last yr no feedback . so sad .

  19. Browning Brianne Malcolm

    why had to advertise that even dep for $300 it can be trade- while i had already dep $500. its still cant return back my profits -and still ask again for another dep of upgrading fees. using aman_nattifx, astrofx , they just same co.
    wait for how many months still no news abt it .

  20. Lloyd Taylor Waugh

    Since last yr trade with astrofx – the broker said it will not take too long to return back the profits . How many months had to wait still nothing happen – they even advertise it only takes days. LIAR. Even said trade with diiff parts of the world . Seems not professonal n not good in tradg with them.
    KARMA

  21. Leverton Harriet Keith

    if going to join .
    think carefully which one is the best.
    all my saving was scam.
    dnt believe on astrofx ( amannatt fx trader, paulscatter allen , allen matheus, allen butler, aman natt ) .

  22. Leverton Harriet Keith

    think carefully which one is the best for trading.
    all my saving was scam.
    dnt believe on astrofx ( amannatt fx trader, paulscatter allen , allen matheus, allen butler, aman natt ) .

  23. Lori Dawn McCrea Chambers

    beware the staff of aman natt natti- (aman natt (raheemfx), allen matheus)
    WHY: they even write this :
    NOTE: we would never DM you for investment …….. any investments done outside this page is a total scam . DO NOT SEND MONEY TO ANYONE PRETENDING TO BE ASTROFX .
    But their staff call up to deposit the amount on the wallet n never return the amt deposited .

  24. syler evren hornsby

    why using many diff other country cel no in contact the customers to trade . The truth was the broker was only base in one country. Are they afraid to be detect where they really are. Broker of aman natt (raheem fx),amanatt fx , fx chris amannatt, aman natt fx , amannatt fx, amannatt fx trader– didnt return the amount which was deposited in the wallet.
    Be careful with this kind.

    1. Amy Tia Jensen Sanford

      Astrofx amannatt , Allen matheus , aman natt FX any many other they use names – victim lady fr dating site . Chat n later invite them to join trade. Dnt believe them .

  25. Jager Slick Brown Clements

    aman natt official , aman natt bitcoin page , allen matheus- with using so many other name : trying to scam — Think before trade

  26. Lewis Jez Alejsandr Quinns

    Doing trade with allen matheus/ astrofx / aman natt – where was the broker really base – using n giving diff cel no for diff transaction . up to now didnt return back the amount n profit deposited with them . Kept asking addtl amount. How long it takes – never return all the amount . SCAM !!!!

  27. Randolph Brian Voight

    Using diff named liked allen butler, allen matheus , paulscatter allen , amannatt – astrofx with diff cel no of diff countries . BE CAREFUL to trade . And its a scam .

  28. Mark Tim Royall Hanson

    Aware of whom we trade – The broker using diff named Paulscatter Allen , Allen Matheus Allen Butler – with the company named Astrofx- Amannatt fx trader. The amt deposited at wallet – was taken n never return .

  29. Sigfrido Perry Heckman Bolland

    Its a big Scam
    The broker— staff of Aman natt fx/ aman natt fx trader/ aman natt official/ amannatt/ aman natt bitcoin page- . instruct to deposit for one time and can get the profits . Such a liar . after deposit told to dep two times or else cant get the profits . I believe.
    All the instruction been follow . still not contented – call up to deposit upgrading /activate fee .In the end all the amt they get it. Didnt gave the profits and even the initial deposit .

  30. Rein Angus Winslow Krottje

    After deposit the amount of $600 at the wallet , the broker said it should be more than the amount. How would one going to deposit more , the amount in the wallet deposited was already empty. Call up and ask for another $300 deposit to get all the profit.
    As to other forex / trader- first deposit of $100 can be.
    The broker with diff cel number using the named Aman natt bitcoin page, aman natt fx . amannatt fx trader. Allen Matheus . Allen Paul Scatter . Astrofx . Allen Butler. Aman natt .
    Doing this kind of scam – want easy job without hardworking – KARMA. and the money was hard earn and save.

  31. They are scammer.Please be attention.
    The first deposit small money then They said need to deposit for alert signal, upgrade, withdraw code of two times, for tax, amount of 10% funds manager fee and withdraw bitcoin pending fee. It’s too much money then never withdrawal profits from there. Please don’t believe them.

  32. jessica may astrid billington

    Dont believe on broker easily- the old broker was a man – his intro use a certain name- later named of lady. so shameful . The broker work with allen matheus n using diif named liked: astrofx aman natt, aman natt fx, astro forex (aman natt), aman natt , albert natt trader (astrofx) -using place liked in Uk n States – why had to use many places in order cant find them ? was this the way they do business to scamm cheat innocent people . KARMA

  33. Abigail Kate Ries Kullar

    allen butler, aman natt astrofx, paulscatter using dating site to look for innocent girl to scam trade with them. every one be careful to join with them

  34. Rosanna Angela Kelly Latchmann

    why this guy using this dating site to scam people in joining his trade- astrofx, aman natt , albert astrofx aman natt. is the business really hard to look for a better one n not cheat people- look for decent job.
    Was scam for $100,000 n never return even intial deposit.

  35. Alison Beth Jonston Adams

    Shame on this people want easy money – look for trade in dating site 1search for innocent lady due to love. n ask them to trade with them before going to settle with them . This is a SCAM .
    same person using name : allen butler , aman natt fx , aman natt fx trader , aman natt (raheem fx ) , aman natt fxt, astrofx , paul scatter allen the broker — use many diff name cel with diff designated place trying to cheat – trying to victim these lady .
    is it right to be the future of astro trading floor trading cheating many people . they want lavish life while other suffer.

  36. Michel Elaine Tuddao Wague

    Broker of astrofx aman natt . aman natt fx . astrofx247net trading company- Told to trade with them- make money first before Love him .
    What kind of staff is this?
    For the Amount of $150,000 -deposited to wallet– never return back .

  37. Regina Jane Woods Loghry

    Aman natt ( astrofx, etc name) join US dating site , look for innocent ladies for target , sweet talk them first and ask for trade. Be careful ladies.

  38. Chrissie Maudeen Horn Ogilvy

    why had to use diff name, country ,cel number, civil status , work place and scam people . After asking to trade and amount deposited worth $250,000 never return

  39. Chrissie Maudeen Horn Ogilvy

    After asking to trade and amount deposited worth $250,000 never return – be careful to trade with Astrofx

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