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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.
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/
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
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
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!
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Disclaimer:
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