AstroFX
Information by Research Trustfinance
Founded by Shaun Lee and Junius Folarin, AstroFX presented itself as a premier online learning platform for foreign exchange (forex) trading. The company offered various educational courses, mentorship programs, and signals, claiming to teach individuals how to become successful traders. However, a comprehensive investigation by the UK's Financial Conduct Authority (FCA) revealed that beyond its educational facade, AstroFX was operating an unauthorized collective investment scheme, taking millions in deposits from investors with false promises of high returns, which the founders used to fund lavish lifestyles rather than for legitimate trading.
United Kingdom
Industry
- InvestmentPRIMARY
- Financial Advisement
- Wealth Management
Financial
- RetailsBroker
Forex
HQ Location