Score

1.32 /10
Danger

SAMSTAR CAPITAL

United Kingdom

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Comparison

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Exposure

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Website

Score

Regulatory Index0.00

Business Index5.51

Risk Management Index0.00

Software Index4.00

License Index0.00

Open Account
Website

Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

open now

Regulatory disclosure

Danger

ES CNMV
2024-02-19

Broker Information

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Company Name

SAMSTAR CAPITAL

Company Abbreviation

SAMSTAR CAPITAL

Platform registered country and region

United Kingdom

Company website

Company summary

Pyramid scheme complaint

Expose

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Warning: Low score, please stay away!
Previous Detection : 2024-12-23
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

SAMSTAR CAPITAL · Company summary
SAMSTAR CAPITALBasic Information
Registered CountriesUnited Kingdom
RegulationNo License
Minimum Deposit$250
Maximum Leverage1:500
Minimum SpreadN/A
Trading PlatformProprietary Website
Trading AssetsForex pairs, Commodities, Stocks, and Indices
Payment MethodsN/A
Customer Supportinfo@samstarcapital.com; +442080978741
Bonus AvailableNo
Demo AccountNo

SAMSTAR CAPITAL Information

Established in 2022, SAMSTAR CAPITAL is an online forex broker registered in United Kingdom, which offers differnt assets such as forex, commodities, stocks, and indices for investors to trade with a high leverage up to 1:500 and a minimum deposit of $250. However, it does not hold any valid regulatory license. And popular trading platforms like MT4/MT5 are not accessible at SAMSTAR CAPITAL, for it only provides a proprietary website to its clients.

SAMSTAR CAPITAL Information

Pros and Cons

ProsCons
  • Flexibility for multiple versions of platform
  • Lack of regulation
  • Offers three account types
  • Limited information on spreads and withdrawal
  • High leverage up to 1:500
  • No access to MT4/MT5

Is SAMSTAR CAPITAL Legit?

SAMSTAR CAPITAL is not regulated by any regulatory authorities. The domain samstarcapital.com was registered on 21, December 2022. But currently, the owner of the domain has restricted it to transfer.

Is SAMSTAR CAPITAL Legit?
Is SAMSTAR CAPITAL Legit?

What Can I Trade on SAMSTAR CAPITAL?

SAMSTAR CAPITAL focuses on providing trading services for different financial instruments, such as Forex (EURUSD, USDJPY, GBPUSD, AUDUSD, EURCHF), Commodities, and Stocks Indices, which you can trade all through one single account.

Tradable InstrumentsSupported
Forex
Commodities
Stock
Indices
Cryptocurrency
Shares
Metals
What Can I Trade on SAMSTAR CAPITAL?

Account Type

SAMSTAR CAPITAL offers three types of accounts. It provides a Micro Account for beginners or investors with limited funds with a low deposit threshold of only $250. For investors with large amounts of money or who trade frequently, SAMSTAR CAPITAL offers a Premium Account for just $1000. It also has a PAMM Account aimed at fund managers, allowing them to manage investors' money and trade according to predetermined strategies. It does not offer demo accounts.

Account Type

SAMSTAR CAPITAL Fees

SAMSTAR CAPITAL offers a competitive leverage of up to 500:1 in over 50 currency pairs and low spreads allowing for fast trading. However, the specific points of spread are not explicitly proposed.

SAMSTAR CAPITAL Fees

Trading Platform

Trading PlatformSupportedAvailable DevicesSuitable for
Proprietary WebsiteWindows, Andriod, macOSInvestors of all experience levels
MetaTrader 4/5Windows, Andriod, macOSInvestors of all experience levels
Trading Platform

Deposit and Withdrawal

The platform offers two accounts, with minimum deposits of $250 and $1,000 respectively, which are relatively high overall. In addition, information on withdrawal and details such as specific fees and processing time are not provided.

Deposit OptionsMin. DepositFeesProcessing Time
Micro Account$250N/AN/A
Premium Account$1,000N/AN/A

Customer Service

You can reach out to SAMSTAR CAPITAL mainlyby email at info@samstarcapital.com or by phone call at +442080978741.

Contact OptionsDetails
Phone+442080978741
Emailinfo@samstarcapital.com
Support Ticket System
Online Chat
Social Media
Supported LanguageEnglish
Website LanguageEnglish
Physical Address66 Uxbridge Road Shepherds Bush London Greater London W12 8LPW 1 2 8 L P UNITED KINGDOM
Customer Service

The Bottom Line

SAMSTAR CAPITAL provides its clients with many instruments, high leverage up to 1:500, and three different account types for different levels of trading. However, no regulation and limited details of withdrawal fees are concerned, therefore, SAMSTAR CAPITAL will be most appropriate for experienced traders seeking for a high risk-reward ratio.

FAQs

Does SAMSTAR CAPITAL offer binary options?

No, SAMSTAR CAPITAL does not provide binary options trading services.

Does SAMSTAR CAPITAL offer an affiliate program?

SAMSTAR CAPITAL currently does not offer “Commission Per Clients” or “Commission per registration” affiliate programs.

Can I use MT4/MT5 indicators on SAMSTAR CAPITAL web trader?

No, MT4 and MT5 files are not directly compatible with the SAMSTAR CAPITAL web trader.

Risk Warning

Online trading involves risks. Make sure to understand the risks involved and notice the information above provided in this review.

News

NewsCopycat of "SAMSTAR CAPITAL"

UK's renowned regulator, the Financial Conduct Authority (FCA), exposed a Samstar Capital clone. The authority said we do not authorize this firm but has been contacting people pretending to be an authorized firm. This is what we call a clone firm. FCA shared all the details of the clone firm, including correct details.

WikiFX
2024-01-29 13:24
Copycat of "SAMSTAR CAPITAL"

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