Read our expert analysis of Astra Markets, including its background, regulation, trading conditions, and reports of scam activities from real traders.
While looking through the unregulated brokers list, I came across Astra Markets. So, I take a closer look, and the warning signs are hard to miss.
Traders have reported blocked withdrawals, pushy sales tactics, and a lack of proper regulation. All classic red flags of a scam broker.
To make matters worse, regulators have already raised concerns about the company’s activities. If you’re considering Astra Markets, it’s best to think twice before trusting them with your money.
Yes, Astra Markets is a scam broker. The Canadian Investment Regulatory Organization (CIRO) issued a warning.
They discovered that Astra Wave was falsely claiming to be regulated by CIRO while operating as an unregistered crypto trading platform.
Users who signed up for Astra Markets reported common scam broker issues:
In reality, the platform was completely unregistered, meaning it had no legal authority to offer trading services. This lack of oversight immediately put traders’ funds at risk.
The scam surrounding Astra Markets began coming to light around mid-2025, with detailed warnings and reviews surfacing between June and September:
These warnings came after months of suspicious activity, including anonymous ownership, redirection to unrelated domains, and aggressive marketing tactics.
Even today, scammers continue to use the Astra name to trick unsuspecting traders. Fake websites, cold calls, and fraudulent investment offers are still circulating, all claiming to be part of Astra Markets.
The reality is that the original platform was never licensed, and anyone using the Astra name now is almost certainly trying to steal money.