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QuantumStar
Operating status: SCAM
Website: https://www.quantumstar.net/
Broker violations and abnormal records
On May 24, 2024, the Ontario Securities Commission (OSC) issued a warning against QuantumStar, stating that this broker is not registered in Ontario to engage in the business of trading in securities. https://www.osc.ca/en/investors/warnings/quantumstar-aka-quantum-star
On May 24, 2024, the Ontario Securities Commission (OSC) issued a warning against QuantumStar, stating that this broker is not registered in Ontario to engage in the business of trading in securities. https://www.osc.ca/en/investors/warnings/quantumstar-aka-quantum-starQuantumStar fails to provide any licensing information to substantiate its claims of being credible and legitimate. The lack of the required authorization is a scam indicator.
What's more, the Ontario Securities Commission (OSC) has issued a warning against QuantumStar, stating that this broker is not registered in Ontario to engage in the business of trading in securities.
In essence, QuantumStar is not regulated by any governing body. Entrusting it with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds.
QuantumStar appears to be a scam.
QuantumStar fails to provide any licensing information to substantiate its claims of being credible and legitimate. The lack of the required authorization is a scam indicator.What's more, the Ontario Securities Commission (OSC) has issued a warning against QuantumStar, stating that this broker is not registered in Ontario to engage in the business of trading in securities.In essence, QuantumStar is not regulated by any governing body. Entrusting it with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds.QuantumStar appears to be a scam.On 28 October 2024, the United Kingdom Financial Conduct Authority (FCA) issued a warning against QuantumStar, believing this company might be providing financial services or products without authorisation in the UK. You may visit: https://www.fca.org.uk/news/warnings/quantumstar-quantum-star-wwwquantumstarnet
On 28 October 2024, the United Kingdom Financial Conduct Authority (FCA) issued a warning against QuantumStar, believing this company might be providing financial services or products without authorisation in the UK. You may visit: https://www.fca.org.uk/news/warnings/quantumstar-quantum-star-wwwquantumstarnetOn 15 November 2024, The Financial Services and Markets Authority (FSMA) issued a warning against Quantumstar, believing this company might be providing financial services or products without authorisation in Belgium. You may visit: https://www.fsma.be/en/warnings/advertisements-celebrities-spotted-social-media-beware-fraud.
On 15 November 2024, The Financial Services and Markets Authority (FSMA) issued a warning against Quantumstar, believing this company might be providing financial services or products without authorisation in Belgium. You may visit: https://www.fsma.be/en/warnings/advertisements-celebrities-spotted-social-media-beware-fraud.
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