OptionStars Global User Reviews:
I invested money in Option Stars Global,But never heard from them again. I found out I was scammed。
What is OptionStars Global?
OptionStars Global is a trading name used by the company, which claims its address in London, UK. However, during the research, we revealed that the owning company of OptionStars Global is a New Markets S.A. that is registered in Samoa. Therefore it means that the company is not in fact located in an offshore zone that does not provide strict regulation of financial firms, but also the broker manipulates and misleads by disinformation.
Is Option Stars Global Legit or a Scam?
When searching for brokers to conduct your trading activities with, the first and most important step should always be to learn about their certification(s). This will tell you whether they are regulated by a central authority or if Option Stars Global is an offshore and/or unregulated entity.
When a broker is unregulated or regulated by an entity outside of your jurisdiction, you have limited to no legal recourse in the event that your funds are compromised. In an event of theft, complaints can only be made if that broker is licensed by the regulator in your jurisdiction. Some examples of regulatory authorities that issue brokerage licenses are:
The Cyprus Securities and Exchange Commission (CySEC)
The Financial Conduct Authority (FCA)
The Australian Securities and Investments Commission (ASIC)
If a broker is not licensed by the regulatory authority in your jurisdiction, that likely means that they are unregulated and should be avoided. Even if the brokerage is regulated, it is best to avoid it if the regulator happens to be outside your jurisdiction.
OptionStars Global Update
Our research revealed that the OptionStars Global website is inactive. This means the broker has muted its trading offering and does not operate. However, we recommend avoiding and staying alert in case of any proposals.