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Stellar Fx

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Operating status: SCAM

Website: https://stellarfx.io/

Broker violations and abnormal records
  • 2022-10-05 The Germany BaFin Added Stellar Fx into Its Warnings

    On 6 Oct 2022, the Germany Federal Financial Supervisory Authority (BaFin) issued a warning that Stellar Fx did not have authorisation under the KWG to conduct banking business or provide financial services. You may visit: https://www.bafin.de/SharedDocs/Veroeffentlichungen/EN/Verbrauchermitteilung/unerlaubte/2022/meldung_2022_10_06_stellarfx_en.html;jsessionid=63D359522E4530B8AA564E5DC4EA2A76.2_cid501


    On 6 Oct 2022, the Germany Federal Financial Supervisory Authority (BaFin) issued a warning that Stellar Fx did not have authorisation under the KWG to conduct banking business or provide financial services. You may visit: https://www.bafin.de/SharedDocs/Veroeffentlichungen/EN/Verbrauchermitteilung/unerlaubte/2022/meldung_2022_10_06_stellarfx_en.html;jsessionid=63D359522E4530B8AA564E5DC4EA2A76.2_cid501
  • 2022-10-05 The Italy CONSOB Added Stellar Fx into Its Warnings

    On 6 Oct 2022, the Italy Commissione Nazionale per le Società e la Borsa (CONSOB) issued a warning that Stellar Fx was not authorized to provide financial services in Italy. You may visit: https://www.consob.it/web/consob-and-its-activities/news-in-detail/-/asset_publisher/kcxlUuOyjO9x/content/press-release-of-6-october-20-1/718268


    On 6 Oct 2022, the Italy Commissione Nazionale per le Società e la Borsa (CONSOB) issued a warning that Stellar Fx was not authorized to provide financial services in Italy. You may visit: https://www.consob.it/web/consob-and-its-activities/news-in-detail/-/asset_publisher/kcxlUuOyjO9x/content/press-release-of-6-october-20-1/718268
  • 2022-10-07 BrokersView has Reviewed that Stellar Fx is an Unregulated Forex Broker

    Stellar Fx, operated by Eudaimon Consulting LLC,claims to be registered in Saint Vincent and the Grenadines, registration number 1323 LLC 2021. We searched Saint Vincent and the Grenadines Financial Services Authority (SVG FSA) and found a matching result. However, SVG FSA is not a forex regulator. It does not regulate forex brokers or issue forex licenses. Having the registration or not, therefore, does not mean being authorized to provide financial services. 

    Moreoover, the Germany Federal Financial Supervisory Authority (BaFin) issued a warning that Stellar Fx did not have authorisation under the KWG to conduct banking business or provide financial services. And the Italy Commissione Nazionale per le Società e la Borsa (CONSOB) warned that it was not authorized to provide financial services in Italy.

    The truth is that Stellar Fx is not regulated by any regulators. Letting this broker hold or control investors' money is unsafe, and the money can not be protected by any laws. Therefore, it is a scam.

    Stellar Fx, operated by Eudaimon Consulting LLC,claims to be registered in Saint Vincent and the Grenadines, registration number 1323 LLC 2021. We searched Saint Vincent and the Grenadines Financial Services Authority (SVG FSA) and found a matching result. However, SVG FSA is not a forex regulator. It does not regulate forex brokers or issue forex licenses. Having the registration or not, therefore, does not mean being authorized to provide financial services. Moreoover, the Germany Federal Financial Supervisory Authority (BaFin) issued a warning that Stellar Fx did not have authorisation under the KWG to conduct banking business or provide financial services. And the Italy Commissione Nazionale per le Società e la Borsa (CONSOB) warned that it was not authorized to provide financial services in Italy.The truth is that Stellar Fx is not regulated by any regulators. Letting this broker hold or control investors' money is unsafe, and the money can not be protected by any laws. Therefore, it is a scam.
  • 2023-01-15 The Italy CONSOB Warned Stellar Fx Again

    On 16 Jan 2023, the Italy Commissione Nazionale per le Società e la Borsa (CONSOB) issued a warning against Stellar Fx again for offering financial services illegally. You may visit: https://www.consob.it/web/consob-and-its-activities/warnings?viewId=ultime_com_tutela

    On 16 Jan 2023, the Italy Commissione Nazionale per le Società e la Borsa (CONSOB) issued a warning against Stellar Fx again for offering financial services illegally. You may visit: https://www.consob.it/web/consob-and-its-activities/warnings?viewId=ultime_com_tutela

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Risk Warning:

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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The data contained in this website may not be real-time and accurate. The data and prices on this site are not necessarily provided by the market or exchange, but may be provided by market makers, so prices may be inaccurate and differ from actual market prices. Namely, this price is indicative price only to reflect market trend, and is unfavorable for trading purpose. The provider of the data contained in the Website shall not be liable for any loss incurred by you as a result of your trading activities or reliance on the information contained in the Website.