Astro Pips is a CFD broker whose official domain was registered on December 11, 2023. This broker primarily provides investment services in markets such as forex, cryptocurrencies, indices, stocks, energy, and commodities, but does not offer services in countries and regions where it may violate local laws or regulations.
Company Registration Information and Regulatory Status
According to the publicly available information on the Astro Pips (astropips.live) website, the broker was established in 2016 and claims that its corporate entity is VLS, regulated by the Australian Securities and Investments Commission (ASIC). However, the broker has not disclosed its corporate entity registration information or detailed regulatory information.
Verification shows that no company named "VLS" is registered under the ASIC.
Therefore, Astro Pips (astropips.live) is, in fact, a fraudulent broker website with no corporate entity or regulatory oversight.
Account Opening Process
To open an Astro Pips trading account, go to the broker's official website, click "Open Account" on the homepage or "SIGN UP" in the top right corner to enter the account registration page. Fill in your name, email address, and other personal information, set a login password, and submit. After verification, you can successfully register an account.
Trading Instruments
Astro Pips offers clients a variety of trading products, including forex, indices, commodities, stocks, and cryptocurrencies.
- Forex: Forex trading involves the exchange of different currencies, known for its high liquidity, allowing traders to profit from exchange rate fluctuations.
- Indices: Index trading allows speculation on the performance of entire markets or specific sectors without trading individual stocks. Exploring popular indices can reveal diverse trading opportunities and leverage to maximize potential returns.
- Commodities: Commodity trading covers key global market resources, allowing traders to buy and sell various raw materials, including metals, energy, and agricultural products.
- Stocks: Stock trading enables investors to profit from the price fluctuations and dividends of public companies without actually holding the stocks.
- Cryptocurrencies: Cryptocurrency trading provides digital currency enthusiasts with the opportunity to profit from these highly volatile assets.
Investment Plans
Astro Pips offers four different types of investment plans: STARTER ACCOUNT, CLASSIC ACCOUNT, PLATINUM, and FOREX SIGNALS.
STARTER ACCOUNT:
- Minimum deposit: £500
- Minimum expected profit: £3,500
- Maximum expected profit: £5,000
- Trader education*
- Risk management
- Tax-free spread trading profits
CLASSIC ACCOUNT:
- Minimum deposit: £5,000
- Minimum expected profit: £45,000
- Maximum expected profit: £50,000
- Expert news and analysis
- Competitive spreads
- Advanced trading tools
- Tax-free spread trading profits
PLATINUM:
- Minimum deposit: £10,000
- Minimum expected profit: £99,999
- Access to all benefits
- Trader education*
- Advanced risk management
- Tax-free spread trading profits
FOREX SIGNALS:
- Professional forex signals
- Up to 10 signals per day
- 95% success rate
- 24/7 support
- Advanced trading tools
- Bitcoin-only payments
- Use with any broker
Trading Platform
Astro Pips provides users with a proprietary trading platform, claiming an average order execution speed of less than 7.12 milliseconds, over 12,000 orders executed per second, and extensive liquidity providers.
Deposits and Withdrawals
Astro Pips only supports deposits and withdrawals through cryptocurrencies.
Conclusion:
Traderknows reminds investors that Astro Pips is a scam broker that lures investors with promises of high returns. This site has neither a physical company nor any regulation. It is recommended that investors choose brokers with transparent information, strong regulation, and a good reputation to avoid unnecessary financial losses.
Currently, this broker is marked as a "Scam" on Traderknows.
