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Copycat of "SAMSTAR CAPITAL"

WikiFX | 2024-01-29 13:24

Abstract: UK's renowned regulator, the Financial Conduct Authority (FCA), exposed a Samstar Capital clone. The authority said we do not authorize this firm but has been contacting people pretending to be an authorized firm. This is what we call a clone firm. FCA shared all the details of the clone firm, including correct details.

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UK's renowned regulator, the Financial Conduct Authority (FCA), exposed a Samstar Capital clone. The authority said we do not authorize this firm but has been contacting people pretending to be an authorized firm. This is what we call a clone firm. FCA shared all the details of the clone firm, including the correct details.

Name: Samstar Capital / samstarcapital.com (Clone of FCA Authorised PSD Agent)

Telephone: +442080978741

Email: info@samstarcapital.com,

support@samstarcapital.com

Website: https://samstarcapital.com/

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The correct details are:

Firm Name: Samstar Marketing Limited

Firm Reference Number: 710354

Address: 66 Uxbridge Road

Shepherds Bush

London

Greater London, W12 8LP, UNITED KINGDOM

Telephone: +447850065493

Email: samir7865@live.co.uk

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FCA stated that Fraudsters copy the details of firms we authorise to try and convince people that their firm is genuine. The FCA has also reminded investors to be vigilant when dealing with forex brokers and to conduct proper due diligence before investing any money. Investors should check the FCA's register of authorized firms to ensure that the broker they are dealing with is legitimate or not.

Review

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When we searched for Samstar Capital on Wikifx. We found this broker is unlicensed. Wikifx also issued a warning there, stating

Warning: Low score, please stay away!

It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

Install the WikiFX app on your smartphone to stay updated with latest news of Forex. WikiFX is a global forex broker regulatory enquiry platform that has investigated and reviewed more than 50,000 brokers, collaborating with more than 30 national regulators. To learn more about the security and reliability of your chosen brokers, visit www.wikifx.com or download our free app from Google Play or the App Store.

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Related broker

No Regulation
SAMSTAR CAPITAL
Company name:SAMSTAR CAPITAL
Score
1.37
Website:https://samstarcapital.com/
2-5 years | Suspicious Regulatory License | Suspicious biz area | High potential risk
Score
1.37

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