Northstar-Some important Details about This Broker

Northstar Information

Northstar, registered in the UAE, was established in 2014 as a broker with the full name Northstar Commodity Trade Duba. It is said to be a registered member of DMCC, License number: 34217, and DGCX, a regulated government body in the United Arab Emirates (UAE) that trades gold and high-value commodities locally and globally. However, according to the results of the WifiFX investigation, the brokerage is currently in an unregulated state, so traders should be alert to false information and protect the safety of funds.

Pros and Cons

Is Northstar Legit？

Northstar is not regulated, so safety is not fully guaranteed, and traders should be aware of the risks.

Customer Service

Northstar allows traders to access customer support via phone and email. In addition, they can also be found through the offline address.

The Bottom Line

While Northstar has positioned itself as a broker focused on commodities trading, its unregulated status makes it a potentially risky option. Traders should consider choosing a broker with a strong regulatory framework to ensure that the trading experience is safe and secure.

FAQs

Is Northstar safe？

No. Northstar is not regulated and traders should be careful and consider the risks involved.

Is Northstar good for beginners？

No, it's not for beginners. As an unregulated broker, Northstar may not be fully available in terms of security, educational resources, etc., and therefore cannot provide complete system assistance for beginners.

Is Northstar good for day trading？

No, not for day trading. The security of funds and the integrity of trade execution are important and critical for day trading, and regulation is a crucial consideration. But Northstar is not regulated.