✔️ Information reviewed and updated in April 2024 by Pedro Martínez González
In this section we will analyze the broker BrokerStars, is a Forex, CFDs and Cryptocurrency broker. Is BrokerStars really recommended to make an investment? Or is it better not to invest with this company? Is it a safe broker? Is a gotcha? We will help you determine it.
You may be wondering why we do a review on BrokerStars… It is because we have received some messages from clients asking about the company, and we like to think that our reviews page helps investors, providing key information about the company, we disclose information that every investor should know before deciding or not, to invest with an investment company. It should be noted that the BrokerStars website is in English.
We do this review and assessment, because we receive different messages and comments asking about the reliability of the company in question. ¿Are you a representative of this company? Leave a comment responding to customer concerns.
Essential information: Who does it belong to? Where is located? Is it a regulated broker?
The broker mentions being part of: does not mention it
As to its location, the broker mentions being based on:
London, although if true, it should be regulated by the FCA (UK regulator), which is not the case, so we doubt if it is really based in London.Update November 2019: the broker mentions having a location in Saint Vincent and the Grenadines.
If we analyze the regulation of the broker:
as BrokerStars mentions a UK and Australian regulation, but we couldn't find either one, we think it mentions bogus regulations. If not, we invite a BrokerStars representative to provide us with the correct regulation number.Update November 2019: the broker mentions having regulation of Saint Vincent and the Grenadines.
If now we go on to analyze account types offered by BrokerStars, we note that they do not really provide information about owning different types of account.
Las platforms to operate that BrokerStars offers are: we believe that (since it does not specify) the BrokerStars own platform.
We will now analyze the different resources and aids for traders that BrokerStars provides on its website. We believe that the resources and help provided on the website can be a point in favor of the broker.
BrokerStars provides the following help or resources to traders or interested parties: basic explanation of some concepts in the world of trading, explanation of the various products that BrokerStars offers its clients, really not much more than this.
Other information about BrokerStars
Some more information in case you want to contact the company, or see its website for yourself.
Website: brokerstars.net
Telephone: + 442038077194
Email: [email protected]
>>> Rating on BrokerStars <<
Ending with this section, in our opinion Do we believe that the BrokerStars company is reliable? Should you invest your money with the company?
The truth is that, we believe that it is better to be careful because: it is supposedly based in London but we could not find the regulation that it should have to be actually based in England, it is an unregulated broker (we could not verify any of the regulations that it mentions on their website), when looking for other reviews about BrokerStars, we did not find anything, which makes us think that it is a “new” company. Another negative feature of BrokerStars is that it is based in unsafe countries such as Saint Vincent and the Grenadines.
For these reasons, we believe that BrokerStars is not a recommended broker. In other words, we always recommend working only with duly regulated companies, isn't it better to have the protection of a good regulator? Is it worth taking the risk if there are much safer options to invest in?
You have to understand that one of the few measures that really ensure the clients' money is the regulation of the broker, that is, it is probably the most important thing in any broker; THAT IT HAS A GOOD REGULATION, DO NOT BE FOOLED. Good regulation means that there is an authority to which, in case of misunderstandings or problems, customers can complain.
What is your opinion? Have you traded with this broker? Are you a customer? Do you think our opinion is not correct? We invite you to collaborate with us and vote, you can also leave a comment on our website with your experience if you are a client of the broker.
We leave a vote open so that traders, clients and users of the broker can vote.
[democracy id = ”231 ″]
Thanks for helping me get my money back. Mychargeback has been a great help, today I feel better and lighter. IF THEY HAVE NOT BEEN ABLE TO RECOVER THEIR MONEY, PLEASE TRY MYCHARGEBACK, IT WAS SUITABLE FOR ME.
Hello Esteban, Great !!!, Thank you very much for warning, we are very happy that you have achieved it, now be careful if you invest again, check the brokers before trusting one, here we have almost all of them.
For others who want to get their money back, they should try talking to our chat or click on this link:
https://brokersrecomendados.com/reclama-tu-dinero-te-ayudamos/
If you want to see our ranking of the recommended brokers 2021 click HERE
Greetings and good luck.
Hello Jessica, your information and the decalogue about the most common traps and tactics of the Brokers that SCAM is very interesting, it should be learned by each investor and become a STANDARD, that is why we are convinced that your contribution when shared with All our readers will help avoid many frauds, scams and deceptions by brokers.
For this reason we think it is of the utmost importance that all those affected by these brokers report it through our portal and expose the brokers who have scammed them by writing their experiences, whether good or bad and that in this way it can be uncovered from where the deceptions are committed, who is involved and that everyone knows about it.
As you well know, we offer on our website the option of being able to RECOVER ALL or PART OF THE MONEY with a company that is specialized in it and that has proven to be very effective, those affected can speak in the CHAT that we have on the web or by reviewing this link: CLAIM YOUR MONEY, WE HELP YOU.
Greetings.
Hello, this broker (broker stars. Net) is a scam, I would like to be able to contact someone affected in Spain, I am from Elche (Alicante) and be able to join forces so that we can locate them and stop scamming more people, and for of course trying to recover all the money that has been stolen from me. Thanks and i hope you can help me. All the best. JM
Hi JM, thank you for sharing your experience with BrokerStars. If you have more information about the company, we ask you to share it with us, especially if it is information that you think can help other people investing with this company.
Do you have names of advisers, numbers, emails from which they have contacted you? Do you remember how you found this broker in the first place?
regards
Hello, I am Jordan trader, I wanted to uncover the falsehood of this broker, I have been operating with them for 1 year or so, I was looking for a broker with high leverage and that was reliable, I opened an account with brokerstars because it had leverage 1 to 500 and it was regulated by fca, in theory ...
The broker worked well and even recommended it without receiving any benefit in return.
Over time the broker changed its regulation several times saying that it was the ESMA restrictions that forced them to change, I continued to trust them despite having doubts, that's my mistake.
They insistently offered me their 100% bonus, I took the bonus and even withdrawn after making the volume they asked for, shortly after they offered me the vip account plus 100% bonus, they seemed very good conditions so I deposited the 10.000 euros that I received. They asked, since then I could not withdraw, they told me that I have not completed the bonus, I began to operate without stopping until I made the volume, they could no longer say that I had not made the volume, I operated a lot, my money was enabled to withdraw it and They even sent me an email, well, I've been waiting for my withdrawal for 45 days and my patience is exhausted, I see that they are not going to pay me and they have no intention of doing so, nor do they respond to the emails, DO NOT DEPOSIT IN THIS BROKER!
The problem is that you, as the head of a stock market and investment school, have recommended a broker without being sure that what you recommend is trustworthy. In my case, thanks to that, I have lost a lot of money that no one is going to give me back.
Hello Francisco. tell you that I am sorry for your loss, I did not have any problem with the broker until very recently, it seemed reliable, as a result of your problems with them and thanks to your investigations I was able to realize what happened, I know that my excuses do not They are going to return the money and neither do I, tell you that you can contact me whenever you want and we can see what can be done, my lawyers are studying the case, you have my email for any questions or you can call the school phone.
I can't see the school phone anywhere and the mobile phone number you gave me back in the day no longer exists.
Hi Jordan, thanks for the info. Likewise, we do not understand how you could trust them, without checking the FCA regulation that they supposedly had, which with a simple verification you would have noticed did not exist. It's something that anyone with some investment knowledge knows.
regards
I looked and if they appeared on the fca what apparently they were not according to the information that I had later they posed as regulated companies. Although I can tell you that iq option scammed me and they were in cysec, ic markets scammed me and they are in asic, in the end the regulation is useless if they want to annoy you, filing a lawsuit is more expensive than the money I invested and is difficult prove it, with that I do not mean that regulation is not important.
Well then, in our opinion CySEC and ASIC are not good regulations, England's FCA is. We do not understand equally how not at the time you verified that said regulation is real, it is something basic.
regards
Francisco is right, it is impossible that Jordan Trader, with the videos he has on YouTube, according to everything he knows about scams and, according to him, who was in court with this whole issue, did not know about this IMPOSSIBLE scam (when they make you a scam do you fall into it again ?, see their YouTube videos). Mathematically and logically it is impossible. JORDAN TRADER seems miserable to me, recruiting people who don't know much about trading in order to keep their money. And on top of that, he has the nerve to keep calling people apologizing for something that he knows from the beginning is not legal in any way. I say more, a person is calling me for several days and bothering me on my phone, saying that he is the lawyer of I do not know where to know more about this subject, it seems disgusting that in the century that we are in, there are such unfortunate people, instead of using their knowledge to enrich themselves, they use it to scam beginners with all their bad faith. I curse you with all my soul until you leave this world!
Jose denounce him, he deserves it, and the lawyers who call you sound like they are from the broker wanting to scam you again, how do they magically know about your situation? give me their website and I assure you they are fake
be careful jose
Francisco is right, it is impossible that Jordan Trader, with the videos he has on YouTube, according to everything he knows about scams and, according to him, who was in court with this whole issue, did not know about this IMPOSSIBLE scam (when they make you a scam do you fall into it again ?, see their YouTube videos). Mathematically and logically it is impossible. JORDAN TRADER seems miserable to me, recruiting people who don't know much about trading in order to keep their money. And on top of that he has the nerve to keep calling people apologizing for something that he knows from the beginning is not legal in any way. I say more, a person is calling me for several days and bothering me on my phone, saying that he is the lawyer of I do not know where to know more about this subject, it seems disgusting that in the century we are in, there are such unfortunate people, instead of using their knowledge to enrich themselves, they use it to scam beginners with all their bad faith. I curse you with all my soul until you leave this world!
They are scammers as the review says before they said they were in England but now they have changed it to avoid legal problems with the FCA of England. Let it be clear, a broker cannot BY ERROR place regulation or location in a country where it does not have it, this is done to deceive people, to lie about its regulation or location, and only this fact should be enough not to invest with These BrokerStars liars, in addition to this now clarify that they are based in a tax haven called Saint Vincent and the Grenadines.
Do not invest with these types of companies, it is like throwing money away, it is more, it is but, it is like giving money to a scammer, which is worse than throwing money away.
The second week of January I am going to visit some friends in London and I am going to visit the address they have on the website. They are operating on my account to lose all my money. WITH THE BONUS COMPLETED, I REQUESTED A WITHDRAWAL AND THEY DIDN'T ANSWER. IMAGINE THAT THEY WILL DO IT WHEN THEY LIQUID MY ACCOUNT AND THEY WILL TELL ME THAT THEY CANNOT OPERATE ON MY ACCOUNT ...
If the address they have on their website turns out to be false, like everything they have-say and do, I will publish it and send photos for the record.
I am also mounting a video on YouTube with photos, captures etc ..., to dismantle the lie of this broker.
Hello Francisco, we believe that you do not need to go, you can contact the FCA of England and as we understand they can verify your address. We tell you because it is very common for them to put false locations, it would not be strange for their location in London to be false.
Hello Marquitos, thank you for sharing this information about BrokerStars. Everything you mention seems correct to us, they cannot have been “confused” about regulation or location and this speaks very badly of BrokerStars, which now mentions being based in Saint Vincent and the Grenadines, added to all the negative messages and comments from clients that we have received about them.
regards
Hi, I'm Emilio, yesterday I signed up for one of these pages today, December 9 at 10am, I receive a call from Barcelona, the call was cut off, it was heard with interference and about two hours later they made me another call, like from here in Colombia. Explaining everything about a financial project, an advisor told me that an internet cafe is coming, open our platform, she asked me for the ID number and she explained the earnings that I could just withdraw up to 100 dollars a month and that the red arrows go down, the green ones raise the profit. According to the bank supposedly to consign in Bancolombia or cash or super money order and another bank that I do not remember gave me 3 hours for the deposit I told him that very little then they gave me 6 more hours and today they called me at 5 pm to find out how I went with that thanks to your testimony I realized the scam I am waiting now at 5pm that they agreed to call me to see if I already consigned him to the account
Hi Emilio, thank you for sharing your experience with BrokerStars. If you have more information about the company, we ask you to share it with us, especially if it is information that you think can help other people investing with this company.
Do you have numbers, contact names, emails?
regards
Hello, a boy called Alberto who has a school called tradingunited is offering me to work with this broker, I deposit 1000 euros without a bonus and I am winning at the moment, do you recommend me to leave the broker? Thank you.
Hi Juan, thank you for sharing your experience with BrokerStars. If you have more information about the company, we ask you to share it with us, especially if it is information that you think can help other people investing with this company.
Do you have numbers, contact names, emails? Do you have a website for this TradingUnited?
regards