Astra Mining has been flagged by Financial Markets Authority for "Unregistered/Unlicensed entity offering financial products or services|Fraud ...". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
Astra Mining offers copy trading. I copied a top trader. The copy trades often executed at worse prices than the original. When I asked why they said it was due to latency and liquidity. So the feature is broken or they are skimming. Either way I stopped using it.
Pros: Full transparency|Fast support response|Multi-currency support
Cons: Inactivity fee applies after 12 months
I am in a dispute with Astra Mining over a trade that was clearly erroneous. The price shown was wrong, I closed at a profit, and they reversed the trade and took the money back. They said it was a system error. So I lose and they keep? Unacceptable.
Pros: Fast execution|Automated trading options
Cons: Live chat only during business hours
Astra Mining advertises low fees but once you dig into the fine print, there are numerous charges that add up quickly. Inactivity fees, withdrawal fees, currency conversion fees - it all eats into your returns. I wish I had read the terms more carefully.
Pros: Economic calendar|Social trading features|Clean UI
Cons: Charting tools need more indicators
The onboarding at Astra Mining was smooth which makes the subsequent experience even more frustrating. Once they have your money, the quality of service drops dramatically. Getting anyone to help you with an actual problem is nearly impossible.
Pros: Demo account available|Transparent fees|No hidden fees|API access
Cons: Some tools only available on higher tiers
Several red flags with Astra Mining: (1) They promise unrealistically high returns, (2) They're not registered with Financial Markets Authority, (3) Their contact information is vague, (4) They pressure you to deposit quickly. I recommend everyone do thorough due diligence before investing with any company.
Pros: Website looks legitimate on the surface
Cons: Unauthorized firm|Found in IOSCO warnings database
Astra Mining has the worst mobile app I have ever used for investing. It crashes constantly, features that work on desktop are missing entirely, and the security implementation is questionable at best. How they released this app is beyond me.
Pros: Instant funding|High security standards|Competitive fees|Transparent fees
Cons: Email notifications too frequent|Alert system is basic
I referred a friend to Astra Mining after attending a webinar they hosted. We both deposited. The referral bonus never arrived. Support said we did not meet the terms. When we asked which terms they pointed to a clause that was added after we signed up. Shady.
Pros: API access|Copy trading available|Fast execution
Cons: Wish they had more educational resources
The hidden fees at Astra Mining are the real scandal here. What they advertise and what they actually charge are two different things. By the time I realized how much I was paying in various fees and spreads, I had already lost a meaningful amount.
Pros: Multiple order types|Demo account available|Real-time alerts|Stable platform
Cons: No fractional shares|Cannot customize dashboard fully
Astra Mining seems more interested in acquiring new customers than taking care of existing ones. The marketing is aggressive but the product is mediocre. Once you are past the honeymoon period, the cracks in their service become very apparent.
Pros: Multi-currency support|Fast execution
Cons: Website design could be more modern
Astra Mining locked my account without warning and demanded documents I had already submitted. for the past year and a half later I still do not have access to my funds. Their compliance team does not respond to emails. I am considering legal action.
Pros: Real-time alerts|Helpful community forum|Good analytical tools|Wide product range
Cons: Wait times can be long during peak hours|No dark mode on mobile