Reported Website: https://www.fivestarscapital.com/
Fivestar capital claims it has offered exceptional services to investors worldwide for over six years. But when we checked its domain, we found it was newly created on 14 Apr 2022. So where are its six years of experience from? It is a red flag here. Besides, Fivestar capital shows its company address is in the United Kingdom. As per United Kingdom law, all firms and individuals offering, promoting, or selling financial services or products in the UK have to be authorized or registered by the UK Financial Conduct Authority (FCA). However, we did not find any match results to Fivestar capital in FCA. That means Fivestar capital is not overseen by any regulators. Investors’ funds in this broker are unsafe and cannot be protected by any law. Therefore, it is a scam.
