Introduction
AstroFXC.com is an online trading platform that was founded in 2006. The company is headquartered in London, United Kingdom and provides online trading services to clients in more than 120 countries. The company offers a wide range of instruments including forex, indices, commodities, shares, ETFs and cryptocurrencies. It also offers a variety of account types, including demo accounts. AstroFXC.com is regulated by the Financial Conduct Authority (FCA) and the Cyprus Securities and Exchange Commission (CySEC). It is a member of the Investor Compensation Fund (ICF) and the Financial Services Compensation Scheme (FSCS). The company offers the MetaTrader 4 and MetaTrader 5 trading platforms. It also has mobile trading apps for Android and iOS devices. In this review, we will take a look at the regulations, platforms and instruments offered by AstroFXC.com, as well as the pros and cons of using the company’s services.
Company Overview
AstroFXC is an online broker that offers forex and CFD trading. The company is headquartered in the UK and is regulated by the Financial Conduct Authority (FCA). AstroFXC offers a variety of trading platforms, including MetaTrader 4, cTrader and WebTrader. The company also offers a mobile trading app for Android and iOS devices. AstroFXC offers a wide range of currency pairs, indices, commodities and cryptocurrencies for trading.
Regulatory Bodies
Different countries have different financial regulatory bodies. The UK, for example, has the Financial Conduct Authority (FCA). The US has the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC).
Each of these regulatory bodies is responsible for overseeing the financial markets in their respective countries and ensuring that companies comply with their regulations. They also have the power to take enforcement action against companies that violate their rules.
AstroFXC is a UK-based company, so it is regulated by the FCA. This means that it must follow certain rules and regulations in order to operate legally in the UK. For example, it must maintain segregated client funds, which means that your money is kept separate from the company’s own funds and can only be used to pay you out if you make a profit.
The FCA also requires AstroFXC to provide certain information about its business to potential clients, including its financial stability and risk management procedures. This ensures that you know what you’re investing in and that you understand the risks involved.
AstroFXC is also registered with the National Futures Association (NFA) in the US, which means that it can offer its services to US clients. However, the NFA’s rules are not as stringent as those of the SEC or CFTC, so it’s important to do your own research before investing with AstroFXC or any other US-based company.
Trading Platforms and Instruments
AstroFXC.com is a forex and CFD broker that offers its clients a choice of two trading platforms: the MetaTrader 4 (MT4) platform and the WebTrader platform. The broker also offers a mobile trading app for Android and iOS devices.
The MT4 platform is a popular choice among forex traders, as it offers a wide range of features and tools, including advanced charting and analysis capabilities. The WebTrader platform is a more basic platform that is designed for those who are new to forex trading. It is user-friendly and easy to navigate.
AstroFXC.com offers its clients a wide range of tradable instruments, including major, minor and exotic currency pairs, as well as CFDs on indices, commodities, stocks and cryptocurrencies.
ThePros:
• Choice of two trading platforms: MT4 or WebTrader
• Mobile trading app available
• Wide range of tradable instruments
The Cons:
• No demo account available
• Limited educational resources
Pros and Cons
When it comes to forex trading, there are a lot of different platforms and instruments out there. It can be tough to know which one is right for you. That’s why we’re taking a closer look at AstroFXC.com. In this review, we’ll cover the company’s regulation, trading platforms and instruments, as well as the pros and cons of using their services.
AstroFXC is a UK-based forex broker that offers its clients the ability to trade on the MetaTrader 4 platform. The company is authorized and regulated by the Financial Conduct Authority (FCA), which gives investors some peace of mind knowing that their funds are protected.
One of the great things about AstroFXC is that they offer a variety of account types to suit different traders’ needs. For example, they have a Standard account with low spreads starting at 0.8 pips, as well as an ECN account with even lower spreads starting at 0.0 pips. They also have a commission-free Islamic account for those who need it.
In terms of instruments, AstroFXC offers over 60 currency pairs, metals, indices and CFDs for its clients to trade on. This gives investors a good amount of choice when it comes to finding the right instrument to trade on.
Now let’s take a look at the pros and cons of using AstroFXC’s services:
Conclusion
All in all, AstroFXC.com is a great online broker that offers plenty of resources for both new and experienced traders alike. The trading platforms are user-friendly and the customer service is excellent. The only drawback is that the broker does not accept clients from the United States.