WikiFX, as an independent third-party information service platform, is dedicated to providing users with comprehensive and objective broker regulatory information services. WikiFX does not directly engage in any forex trading activities, nor does it offer any form of trading channel recommendations or investment advice. The ratings and evaluations of brokers by WikiFX are based on publicly available objective information and take into account the regulatory policy differences of various countries and regions. Broker ratings and evaluations are the core products of WikiFX, and we firmly oppose any commercial practices that may compromise their objectivity and fairness. We welcome supervision and suggestions from users worldwide. To report any concerns, please contact us: report@wikifx.com
您当前语言与浏览器默认语言不一致,是否切换?
切换
Global Broker Regulation & Inquiry App
Broker Search
English

简体中文

繁體中文

English

Pусский

日本語

ภาษาไทย

Tiếng Việt

Bahasa Indonesia

Español

हिन्दी

Filippiiniläinen

Français

Deutsch

Português

Türkçe

한국어

العربية

Download

A Visit to VSTAR in Mauritius – No Office Found

Danger Mauritius

Port Louis, Mauritius

A Visit to VSTAR in Mauritius – No Office Found
Danger Mauritius

Reason for this visit

Mauritius is one of the financial centers in Africa, and many Chinese companies choose to conduct overseas business there, such as the African headquarters of Huawei and the African branch of Bank of China, which further promotes the prosperity of the forex trading market. Additionally, the country has trade relations with over 100 countries and regions, largely including France, the United Kingdom, the United States, India, and China, providing a broad market and opportunities for forex trading.

Regarding forex regulation, the Financial Services Commission (FSC) of Mauritius serves as a comprehensive regulatory authority responsible for the overall management of the non-banking financial services sector. Since its inception in 2001, the FSC has operated within a modern and internationally recognized legal framework, which encompasses key regulations such as the Financial Services Act, Securities Act, and Insurance Act. The FSC not only issues licenses for financial services activities but also implements strict supervision, surveillance, and oversight of various activities within the industry to ensure a fair, transparent, and stable market.

The FSC has ambitious and clear development goals, aiming to become an internationally recognized regulatory authority dedicated to promoting Mauritius as a sound and highly competitive financial services center, thereby driving the countrys sustained development. While Mauritius may not be economically prominent on a global scale, it is undoubtedly one of the most developed countries in Africa. The authority and reliability of its forex regulatory licenses are gradually gaining widespread trust and recognition from global traders and forex brokers. In an attempt to provide investors with a genuine understanding of the current situation of forex brokers in Mauritius, WikiFX survey team is determined to go to the country for on-site visits to local companies.

On-site visit

In this issue, the survey team went to Mauritius to visit forex broker VSTAR as planned according to its regulatory address that Suite 602, 6th Floor, Hennessy Tower, Pope Hennessy Street, Port Louis, Mauritius.

The investigators came to the Hennessy Tower at Pope Hennessy Street in Port Louis of Mauritius for an on-site visit to the brokers office.

2.jpg
5.jpg
4.jpg

With a well-maintained façade, the modern 14-storey building is located in close proximity to the South Africa High Commission and not far from the Supreme Court of Mauritius.

Upon arrival at the building for further investigation, the survey personnel spotted a directory in the lobby, which displayed that the 6th floor was occupied by multiple companies. However, VSTAR was excluded from them.

1.jpg

The inspection team then took the elevator to the 6th floor and saw a different company at suite 602. Subsequently, they searched of the companys website, failing to discover any information pertinent to VSTAR.

Through the on-site investigation, it is confirmed that the broker does not have a physical presence at the place.

3.jpg

Conclusion

The survey team went to Mauritius to visit forex broker VSTAR as scheduled, but did not find the company at its regulatory address. This denotes that it may just register at the address without a physical business office. Accordingly, investors are advised to make a judicious decision following much deliberation.

Disclaimer

The content is for informational purpose only, and shall not be taken as a final order for making a choice.

Broker Information

Regulated
VSTAR

Website:https://www.vstar.com/

2-5 years |Regulated in Australia |Institution Forex License (STP) |High potential risk |
  • Company Name:
    Soho Markets Global Ltd
  • Country/ Region of Registry:
    Australia
  • Abbreviation:
    VSTAR
  • Official Email:
    support@vstar.com
  • Twitter:
    https://x.com/vstar_com
  • Facebook:
    https://www.facebook.com/vstartrade
  • Customer Service Number:
    --
VSTAR
Regulated

Website:https://www.vstar.com/

2-5 years | Regulated in Australia | Institution Forex License (STP) | High potential risk |
  • Company Name: Soho Markets Global Ltd
  • Abbreviation: VSTAR
  • Country/ Region of Registry: Australia
  • Official Email: support@vstar.com
  • Twitter:https://x.com/vstar_com
  • Facebook: https://www.facebook.com/vstartrade
  • Customer Service Number:--

Check whenever you want

Download App for complete information

Easy to check supervision

Select Country/Region
  • Hong Kong

  • Taiwan

    tw.wikifx.com

  • United States

    us.wikifx.com

  • South Korea

    kr.wikifx.com

  • United Kingdom

    uk.wikifx.com

  • Japan

    jp.wikifx.com

  • Indonesia

    id.wikifx.com

  • Vietnam

    vn.wikifx.com

  • Australia

    au.wikifx.com

  • Singapore

    sg.wikifx.com

  • Thailand

    th.wikifx.com

  • Cyprus

    cy.wikifx.com

  • Germany

    de.wikifx.com

  • Russia

    ru.wikifx.com

  • Philippines

    ph.wikifx.com

  • New Zealand

    nz.wikifx.com

  • Ukraine

    ua.wikifx.com

  • India

    in.wikifx.com

  • France

    fr.wikifx.com

  • Spain

    es.wikifx.com

  • Portugal

    pt.wikifx.com

  • Malaysia

    my.wikifx.com

  • Nigeria

    ng.wikifx.com

  • Cambodia

    kh.wikifx.com

  • Italy

    it.wikifx.com

  • South Africa

    za.wikifx.com

  • Turkey

    tr.wikifx.com

  • Netherlands

    nl.wikifx.com

  • United Arab Emirates

    ae.wikifx.com

  • Colombia

    co.wikifx.com

  • Argentina

    ar.wikifx.com

  • Belarus

    by.wikifx.com

  • Ecuador

    ec.wikifx.com

  • Egypt

    eg.wikifx.com

  • Kazakhstan

    kz.wikifx.com

  • Morocco

    ma.wikifx.com

  • Mexico

    mx.wikifx.com

  • Peru

    pe.wikifx.com

  • Pakistan

    pk.wikifx.com

  • Tunisia

    tn.wikifx.com

  • Venezuela

    ve.wikifx.com

United States
※ The content of this website abides with local laws and regulations.
You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
consumer hotline:006531290538
Official Email:support@wikifx.com;
Mobile Phone Number:234 706 777 7762;61 449895363
Telegram:+60 103342306
Whatsapp:+852-6613 1970;
License or other information error corrections, please send the information to:qawikifx@gmail.com
Cooperation:fxeyevip@gmail.com