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5 STar Trading Platform

Operating status: SCAM

Website: https://www.5starstradinginc.com/

Broker violations and abnormal records
  • Apr 07, 2022 BrokersView has reviewed that 5 STar Trading Platform is an Unregulated Forex Broker

    5 STar Trading Platform claims it is established in 2017 first as a cloud mining provider and was listed as one of the best sites to double bitcoins in 2018. However, checking its domain, we found it was created in 2020. So how could it start its business in 2017? It is a red flag here.

    Besides, 5 STar Trading Platform claims it is located in the United State and is a fully certified and licensed company under the name Bitcoin Explore Limited with Company number 4154237. However, we did not find any match results to 5 STar Trading Platform in NFA. That means 5 STar Trading Platform is not regulated by any regulators. Investors' money in this broker is unsafe and cannot be protected by any law. Therefore, it is a scam.


    5 STar Trading Platform claims it is established in 2017 first as a cloud mining provider and was listed as one of the best sites to double bitcoins in 2018. However, checking its domain, we found it was created in 2020. So how could it start its business in 2017? It is a red flag here.Besides, 5 STar Trading Platform claims it is located in the United State and is a fully certified and licensed company under the name Bitcoin Explore Limited with Company number 4154237. However, we did not find any match results to 5 STar Trading Platform in NFA. That means 5 STar Trading Platform is not regulated by any regulators. Investors' money in this broker is unsafe and cannot be protected by any law. Therefore, it is a scam.

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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.

Disclaimer:

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.