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Score
United Kingdom
5-10 yearsSuspicious Regulatory License
Suspicious Scope of Business
United Kingdom Payment License Revoked
Suspicious Overrun
High potential risk
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Comparison
Expose
Exposure
Score
Regulatory Index0.00
Business Index7.29
Risk Management Index0.00
Software Index4.00
License Index0.00
Single Core
1G
40G
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Company Name
Five Star Forex Services Limited
Company Abbreviation
Five Star Forex
Platform registered country and region
United Kingdom
Company website
Company summary
Pyramid scheme complaint
Expose
Note: For some unknown reason, we cannot open Five Star Forexs official site (http://www.fivestar-forex.com/) while writing this introduction, therefore, we could only gather relevant information from the Internet to present a rough picture of this broker. Traders should be careful about this issue.
General Information & Regulation
Five Star Forex, a trading name of Five Star Forex Services Limited, is allegedly a forex broker incorporated on 20 January 2010 and registered in the United Kingdom that claims to provide its clients with the state-of-the-art MetaTrader4 trading platform.
As this brokerage's website cannot be accessed, we were unable to obtain further details about its trading assets, leverage, spreads, minimum deposit, etc.
As for regulation, it has been verified that Five Star Forex does not fall under any valid regulations. That is why its regulatory status on WikiFX is listed as “No License” and receives a relatively low score of 1.46/10. Please be aware of the risk.
Market Instruments
Five Star Forex advertises that it is a forex broker that mainly offers forex trading. However, more specific information about tradable assets cannot be found on the Internet.
Trading Platform Available
The platform available for trading at Five Star Forex is the worlds most widely used MetaTrader5. In any case, we recommend using MT4 or MT5 for your trading platform. Forex traders praise MetaTrader's stability and trustworthiness as the most popular forex trading platform. Expert Advisors, Algo trading, Complex indicators, and Strategy testers are some of the sophisticated trading tools available on this platform. There are currently 10,000+ trading apps available on the Metatrader marketplace that traders can use to improve their performance. By using the right mobile terminals, including iOS and Android devices, you can trade from anywhere and at any time through MT4 and MT5.
Customer Support
Five Star Forexs customer support can be reached by telephone: 4402085748700, email: Info@fivestar-forex.com, support@fivestar-forex.com. You can also follow this broker on social networks such as Facebook. Registered office address: 104 Ruislip Road, Greenford, Middlesex, England, UB6 9QH.
Risk Warning
Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.
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