SEVEN STAR FX Review: Is it a Reliable Broker?
SEVEN STAR FX claims to operate from Saint Vincent and the Grenadines, but its legitimacy has been called into question, leaving potential investors wondering whether it is a legitimate platform or part of a scam.
Overview
False Registration Claim
SEVEN STAR FX has initially claimed registration to the SVG FSA that has later been falsified.
Misrepresentation of Belize Registration
It presented a certificate by the Belize Companies & Corporate Affairs Registry (BCCAR) to become correctly certified.
Lack of Financial License
The Belize FSC has also confirmed that SEVEN STAR FX is not licensed to conduct financial services.
Is SEVEN STAR FX Legit or a Scam?
Based on the lack of a legitimate financial license and misleading claims, SEVEN STAR FX raises serious concerns. The absence of regulation from credible authorities puts investors at significant risk, suggesting that SEVEN STAR FX may not be a trustworthy platform for trading. Therefore, potential traders should exercise caution and opt for licensed brokers to avoid falling victim to a potential scam.
For more details, read the full SEVEN STAR FX review.
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