Score

1.50 /10
Danger

TeamStar

Saint Vincent and the Grenadines

5-10 years

Suspicious Regulatory License

High potential risk

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Score

Regulatory Index0.00

Business Index6.89

Risk Management Index0.00

Software Index4.00

License Index0.00

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Website

Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Warning: Low score, please stay away!
Previous Detection : 2024-09-30
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

TeamStar · Company summary

General Information & Regulation

General Information & Regulation

TeamStar is allegedly a broker incorporated in Saint Vincent and the Grenadines, based in Australia and started to serve in 2020. The broker claims that it provides its clients with the industry-standard MetaTrader5 trading platforms and leverage up to 1:200 on various tradable financial instruments. Here is the home page of this brokers official site:

General Information & Regulation

As for regulation, it has been verified that Kaiser International currently has no valid regulation. That is why its regulatory status on WikiFX is listed as “No License” and receives a relatively low score of 1.29/10. Please be aware of the risk.

General Information & Regulation

Market Instruments

TeamStar advertises that it offers a variety of trading instruments in financial markets, including forex, CFDs, indices, gold, oil and commodities.

Market Instruments

Account Types

TeamStar claims to offer demo and real accounts. However, the broker says nothing about the minimum initial deposit requirement to open an account.

Leverage

The maximum leverage ratio provided by TeamStar is much higher than most brokers, up to 1:200. Bear in mind that leverage can magnify gains as well as losses, and inexperienced traders are not advised to use too high leverage.

Trading Platform Available

When it comes to trading platforms available,TeamStar gives traders the worlds most widely used MetaTrader5, available on Windows, Mac and Android. MetaTrader 5 is the multi-asset platform chosen by traders and investors from around the globe for trading Forex, CFDs, exchange-traded instruments and futures, allowing traders to execute trades on different financial markets through a single account and there is a hedging option. While with the MT5 mobile app, trading can be done from anywhere and at any time through the right mobile terminals.

Trading Platform Available

Deposit & Withdrawal

According to the information searching on the Internet, we only know that TeamStar provides the minimum deposit requirement is $100. Unluckily, we cannot find any other specific information about the available deposit and withdrawal payment options.

Bonuses

TeamStar also provides its clients with some bonuses. For example, a 10% bonus is available for clients who transfer their accounts to the broker. In addition, there is also up to a 30% bonus for the first deposit. Whats more, if clients invite their friends to TeamStar successfully, they can get a 10% bonus.

Customer Support

TeamStars customer support can be reached by telephone: +902162100277, 5012345678, email: info@teamstarfx.com or send messages online to get in touch. Besides, you can also follow this broker on some social media platforms like Twitter, Instagram and Facebook. Registered address: Suite 305, Griffith Corporate Centre, Beashmon, Kingstown, PO Box 1510, St Vincent and the Grenadines.

Pros & Cons

Pros & Cons

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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Secret98781
more than one year
This forex broker is looting people. It is obvious we place stop losses for our protection against high volatile markets, but this broker does not care about that. My account was blown up, while they said nothing…
This forex broker is looting people. It is obvious we place stop losses for our protection against high volatile markets, but this broker does not care about that. My account was blown up, while they said nothing…
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2023-03-06 11:39
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