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IntroductionInterStellar Fx has recently faced a series of negative events, including the arrest of its head in ...
InterStellar Fx has recently faced a series of negative events,Foreign exchange platform formal rankings in 2022 including the arrest of its head in Shanghai, the brutal firing of its employees, the inaccessibility of its website, and regulatory fraud. These events reveal possible problems with InterStellar Fx, including but not limited to the inability to safeguard client funds, opaque regulatory information, and possible illegal business practices. Specifically:
1. Security of funds: Several of InterStellar Fx's main official websites could not be opened, and the regulatory information provided by InterStellar Fx was suspected of being falsified. The investigation found that all live accounts of InterStellar Fx come from a company called InterStellar Financial Group Limited, not from a company with a regulatory licence in Cyprus. This suggests that InterStellar Fx may be trading under the name of Cyprus regulation, but in fact is putting all of its clients at risk without effective regulatory protection.
2. Regulatory Fraud:InterStellar Fx's regulatory information indicates that it holds a Cyprus regulatory licence, but in reality, the licensed company is not the same company as the company that corresponds to InterStellar Fx's MT4 account. This shows that InterStellar Fx has serious non-transparency and falsification in regulation, which further aggravates the risk for investors.
3. Customer Complaints: Recently, InterStellar Fx has received a number of customer complaints, indicating that the platform may have problems such as not withdrawing funds to customers and the official website is inaccessible, which directly affects the safety of customers' funds and trading experience.
To sum up, InterStellar Fx has multiple problems, including the inability to guarantee the safety of funds, non-transparent regulatory information, and possible illegal business practices, all of which may lead to investor damage. Therefore, investors should be cautious when choosing an investment platform and avoid choosing a platform with potential risks for investment
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