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LatAm FX-Overview of Minimum Deposit, Spreads & Leverage

Astra Montis Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-12-05 14:12

Abstract:Founded in 2023, Astra Montis is a financial company registered in South Africa. Its operation office is located in London, the UK. Astra Montis provides trading products like Forex, Precious Metals, Shares, Indices, and Energies with leverage up to 1:100 and spread from 0.5 pips via the MT5 trading platform. However, one thing that needs to be noted is the exceeded FSCA license.

Astra Montis Review Summary
Founded2023
Registered Country/RegionSouth Africa
RegulationFSCA (Exceeded)
Market Instruments1,000+, Forex, Precious Metals, Shares, Indices, and Energies
Demo Account✅
LeverageUp to 1:100
SpreadFrom 0.5 pips
Trading PlatformMT5
MinDeposit/
Customer SupportContact form
Tel: + 44 20 80403967
Email: support@astramontis.com
Address: Flat 3 Carlton Mansions, 16-17 York Buildings, London, United Kingdom, WC2N 6LS

  Founded in 2023, Astra Montis is a financial company registered in South Africa. Its operation office is located in London, the UK. Astra Montis provides trading products like Forex, Precious Metals, Shares, Indices, and Energies with leverage up to 1:100 and spread from 0.5 pips via the MT5 trading platform. However, one thing that needs to be noted is the exceeded FSCA license.

Astra Montis' homepage

Pros and Cons

Pros Cons
Multiple trading roductsExceeded FSCA icense
Available demo accountsUnclear minimum deposit
MT5 platformUnknown payment options
Diverse customer support channels

Is Astra Montis Legit?

  No, Astra Montis currently has no valid regulations. It only holds an exceeded Financial Service Corporate license from the Financial Sector Conduct Authority (FSCA).

Regulated CountryRegulated AuthorityCurrent statusRegulated EntityLicense TypeLicense Number
South Africa
The Financial Sector Conduct Authority (FSCA)Exceeded ASTRA MONTIS (PTY) LTDFinancial Service Corporate53080
Exceeded FSCA license

What Can I Trade on Astra Montis?

  On Astra Montis, you can trade with Forex, Precious Metals, Shares, Indices, and Energies.

Tradable Instruments Supported
Forex✔
Precious Metals✔
Energies✔
Indices✔
Shares✔
Cryptocurrencies❌
Bonds❌
Options❌
ETFs❌
What Can I Trade on Astra Montis?

Account Type

  Astra Montis provides a demo Account for practice and familiarization with the trading platform. Nevertheless, there is no detailed info about account types on its website.

Leverage

  Astra Montis offers leverage up to 1:100. It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.

Trading Platform

  Astra Montis offers the MetaTrader 5 (MT5) platform, providing access to over 1000 trading instruments across all asset classes. MT5 is one of the industry-leading trading platforms on the market. It offers not only advanced trading tools but also friendly interface.

Trading PlatformSupported Available Devices Suitable for
MT5✔Windows, Android, Web, iOSExperienced traders
MT4❌/Beginners
MT5

Related broker

Regulated
Astra Montis
Company name:Astra Montis (Pty) Ltd
Score
4.55
Website:https://astramontis.com/
2-5 years | Regulated in South Africa | Derivatives Trading License (EP) | Suspicious biz area
Score
4.55

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