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ASTRA HORIZON-Overview of Minimum Deposit, Leverage, Spreads

WikiFX | 2022-07-11 17:38

Abstract:ASTRA HORIZON, a trading name of AstraHorizon Asset Management LLC, is allegedly an unregulated and blacklisted broker that provides its clients with a web-based trading platform, floating spreads on some tradable assets like cryptocurrencies.

Note: Since ASTRA HORIZONs official site (https://www.astrahorizon.com/index.) is not accessible while writing this introduction, only a cursory understanding can be obtained from the Internet.

General Information & Regulation

ASTRA HORIZON, a trading name of AstraHorizon Asset Management LLC, is allegedly an unregulated and blacklisted broker that provides its clients with a web-based trading platform, floating spreads on some tradable assets like cryptocurrencies.

Market Instruments

ASTRA HORIZON advertises that it mainly offers three different asset classes in financial markets, including cryptocurrencies, stocks and commodities.

Spreads

As tested on the demo account of ASTRA HORIZON, the spread for the EUR/USD was floating around 0.6-1 pip.

Trading Platform Available

When it comes to trading platforms available, instead of the industry-standard MetaTrader4 and MeatTrader5, ASTRA HORIZON gives traders a web-based trading platform. Anyway, we suggest you use MT4 or MT5 as the trading platform. MetaTrader is the most popular forex trading platform, which the traders praise for its stability and trustworthiness. It features sophisticated trading tools such as Expert Advisors, Algo trading, Complex indicators and Strategy tester. Metatrader created a marketplace with 10,000+ trading apps that traders can utilize to achieve better results. Both the MT4 and MT5 have mobile APPs, available on iOS and Android devices.

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Deposit & Withdrawal

ASTRA HORIZON says to accept deposits only via cryptocurrencies such as Bitcoin, Ethereum and LiteCoin, yet the single funding method available is Wire Transfers. There is no minimum initial deposit requirement specified. The broker says the non-funds including profits gained on account of or derived from the same dont belong to the traders. And if a withdrawal of non-deposited funds has been confirmed, the broker has the full right to reclaim such funds.

Bonuses & Fees

ASTRA HORIZON claims to offer a Welcome Bonus starting from 75% upon account opening, yet we cannot be sure if the bonus is really available without any condition.

Customer Support

ASTRA HORIZONs customer support can be reached by telephone: +447309361498, 07312219534, 02038855154, +17789249040, email: support@astrahorizon.com. Company address: City Centre Stockerhof, Dreikönigstrasse 31A, Zurich 8002, Switzerland.

BrokerDealerforex pipsForex Currency pairForex Brokerforex marketCurrency Pair

Related broker

No Regulation
ASTRA HORIZON
Company name:ASTRA HORIZON
Score
1.52
5-10 years | Suspicious Regulatory License | Suspicious biz area | High potential risk
Score
1.52

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