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sdstarfx

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sd star fx real or fake?
Liza Bradshaw
Bangladesh
2024-07-30
ANSWER SDSTARFX appears to be a scam.This broker previously claimed to be regulated by the Mauritius Financial Services Commission (Mauritius FSC) and now asserts it is licensed by the Mwali International Services Authority (MISA). However, our search in the registers of both authorities found no corresponding records, indicating that SDSTARFX's claims about its regulatory status are false.Additionally, the UK's Financial Conduct Authority (FCA) has added SDSTARFX to its warning list for providing financial services in the UK without the required authorization. This warning is significant evidence of the firm's non-compliance.Given these findings, SDSTARFX is untrustworthy. We strongly recommend avoiding this broker to protect your funds from potential fraud schemes.
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I want to know about SDSTARFX's licenses please.
Vladislav Kozera
Dominica
2023-10-10
ANSWER SDSTARFX operates without the required licenses in forex trading.SDSTARFX pretends to be a trustworthy company by claiming to be licensed by the Mauritius Financial Services Commission (Mauritius FSC). However, our search for it in the register of Mauritius FSC didn't return any records, suggesting that it is not licensed.Furthermore, the United Kingdom Financial Conduct Authority (FCA) has warned that SDSTARFX is offering financial services or products without their authorization. The full warning can be accessed here. It proves that this platform does carry on unlicensed investing activities in some certain jurisdiction.Therefore, SDSTARFX is not regulated by any regulators. It is risky to let it handle or manage investors' money, and the money can not be safeguarded by any laws. To mitigate such substantial risks, we strongly suggest investors steer clear of SDSTARFX and instead opt for a fully regulated broker.
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Risk Warning:

FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.

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The data contained in this website may not be real-time and accurate. The data and prices on this site are not necessarily provided by the market or exchange, but may be provided by market makers, so prices may be inaccurate and differ from actual market prices. Namely, this price is indicative price only to reflect market trend, and is unfavorable for trading purpose. The provider of the data contained in the Website shall not be liable for any loss incurred by you as a result of your trading activities or reliance on the information contained in the Website.