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Julstar trading company

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Operating status: SCAM

Website: https://julstarcorp.com/index.html

Broker violations and abnormal records
  • 2023-11-29 The UK FCA issued a Warning against Julstar trading company

    On 27 November 2023, the United Kingdom Financial Conduct Authority (UK FCA) issued a warning that Julstar trading company was providing financial services or products in the UK without authorisation. You may visit: https://www.fca.org.uk/news/warnings/julstar-trading-company-https-julstarcorpcom

    On 27 November 2023, the United Kingdom Financial Conduct Authority (UK FCA) issued a warning that Julstar trading company was providing financial services or products in the UK without authorisation. You may visit: https://www.fca.org.uk/news/warnings/julstar-trading-company-https-julstarcorpcom
  • 2023-11-29 BrokersView has Reviewed that ​Julstar trading company is an Unregulated Broker

    According to its website, it claims regulated by the Dubai Financial Services Authority (DFSA), Cyprus Securities and Exchange Commission (CySEC), Financial Conduct Association (FCA), and U.S. Commodity Futures Trading Commission (CFTC), but upon investigation, no matching information was found in these regulators.

    In addition, the United Kingdom Financial Conduct Authority (UK FCA) issued a warning that Julstar trading company was providing financial services or products in the UK without authorisation.

    The truth is that Julstar trading company is not regulated by any regulators. Letting it hold or control investors' money is unsafe and the money can not be protected by any laws.

    Therefore, Julstar trading company is a scam.

    According to its website, it claims regulated by the Dubai Financial Services Authority (DFSA), Cyprus Securities and Exchange Commission (CySEC), Financial Conduct Association (FCA), and U.S. Commodity Futures Trading Commission (CFTC), but upon investigation, no matching information was found in these regulators.In addition, the United Kingdom Financial Conduct Authority (UK FCA) issued a warning that Julstar trading company was providing financial services or products in the UK without authorisation.The truth is that Julstar trading company is not regulated by any regulators. Letting it hold or control investors' money is unsafe and the money can not be protected by any laws.Therefore, Julstar trading company is a scam.

Related Complaints

Q&A Complaints

Does Julstar trading company accept client from Hongkong?

popsde
Hongkong SAR
2023-12-07
ANSWER Given your location, if you are considering engaging with a forex broker, it is highly recommended to choose one that is licensed by the Hong Kong Securities and Futures Commission (SFC). However, Julstar Trading Company is not licensed by this Hong Kong financial authority. It appears to be a fraudulent trading platform, and it is strongly advised to avoid any involvement with it.Julstar Trading Company falsely claims to be multi-regulated, assertions that expose its potential fraudulent intentions. Furthermore, the company is providing financial services illegally in the UK, prompting a warning from the Financial Conduct Authority (FCA), the UK's financial watchdog.In light of these findings, Julstar Trading Company poses a significant risk. Individuals trading on this platform expose themselves to potential fraud and identity theft, leading to severe financial and personal consequences. Therefore, it is strongly recommended that investors steer clear of unlicensed platforms like Julstar Trading Company and instead opt for fully regulated platforms with excellent reputations.
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FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.

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