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.
See more