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SD Star FX

3 Reviews

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Jan Tanko

5 months ago

They won't let you withdraw

As far as I can tell, they are unwilling to provide you a refund. They won't respond to your calls or ignore your texts if you ask for your money back.

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Frisco

5 months ago

Ok but high minimum deposit

I noticed the minimum deposit for a Micro account was pretty high, more than what you'd expect from legit brokers. They usually ask for less. I guess I should search for a different broker.

Overview

SD Star FX is an offshore broker that has raised several red flags in the forex trading community. It lacks regulatory oversight and is registered in Saint Vincent and the Grenadines, which is often a concern as this location is known for its lax financial regulations. The broker's website at first glance may appear credible, but its offshore status poses significant risks to investments. Adding to the concerns, the UK Financial Conduct Authority (FCA) has issued a warning against SD Star FX, indicating potential regulatory issues and possible fraudulent activities. Furthermore, content analysis of sdstarfx.com suggests a high risk of fraud, which is common among sites associated with cryptocurrency, investments, and casinos. These findings suggest that engaging with SD Star FX could be risky, and investors are advised to exercise caution and consider more reputable and regulated alternatives for their forex trading needs

This CritiScore review provides a comprehensive overview, assessing whether SD Star FX is legit or a scam, and offers insights into SD Star FX's performance.

Date published: 9th November, 2023

Contact

https://sdstarfx.com

info@sdstarfx.com

+971 4 451 9834

MOHELI CORPORATE SERVICES LTD P.B. 1257 BONOVO ROAD, FOMBONI