Stargaze Capital foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://www.stargazecapital.co/sign-up, about the company's legal and temporary regulatory information, the company's address .
Stargaze Capital, established in 2023, is a financial brokerage that operates primarily in the foreign exchange market. The company claims to be headquartered at 30 Crown Place, London, United Kingdom, EC2A 4EB. However, it is important to note that Stargaze Capital is a privately held entity, and there is limited information available regarding its ownership structure.
The broker primarily targets retail clients looking to engage in forex trading, commodities, indices, and metals. Despite its claims of a broad client base, the actual number of customers appears to be exaggerated, with reports suggesting potential misinformation on their website. Stargaze Capital operates under a business model that focuses on providing trading services in the forex market, including CFDs on various asset classes.
As a relatively new player in the market, Stargaze Capital has not yet established a significant track record or notable milestones in its brief history. The broker's operations and services are presented as accessible to both novice and experienced traders, but the lack of transparency raises concerns about its credibility.
Stargaze Capital is not regulated by any recognized financial authority. The absence of regulation is a major red flag for potential investors. The broker claims to be registered in the UK; however, no matching information can be found in the Financial Conduct Authority (FCA) database, indicating a lack of compliance with regulatory standards.
Warnings have been issued against Stargaze Capital by various regulatory bodies, including the Comisión Nacional del Mercado de Valores (CNMV) in Spain and the Autorité des Marchés Financiers (AMF) in France, both of which have flagged the broker for unauthorized provision of financial services. The lack of regulatory oversight means that client funds are not protected under any investor compensation schemes, and there are no guarantees regarding the security of deposits.
Furthermore, Stargaze Capital does not appear to have a clear policy regarding the segregation of client funds, which is a crucial aspect of investor protection. The broker's practices concerning Know Your Customer (KYC) and Anti-Money Laundering (AML) compliance are also unclear, raising further concerns about the safety and legality of its operations.
Stargaze Capital offers a variety of trading products, focusing primarily on forex trading. The broker provides access to over 50 currency pairs, including major pairs such as EUR/USD, GBP/USD, and USD/JPY. Additionally, Stargaze Capital offers Contracts for Difference (CFDs) on various asset classes, including:
Despite these offerings, the broker does not provide any cryptocurrency trading options, which may limit the appeal for traders interested in digital assets. The frequency of product updates and the addition of new trading instruments remain unspecified, suggesting a lack of innovation in their product lineup.
Stargaze Capital appears to cater primarily to retail clients, with no clear indication of services tailored for institutional clients or white-label solutions. The absence of asset management services further underscores the broker's focus on individual traders.
Stargaze Capital utilizes a web-based trading platform, which is claimed to be user-friendly and efficient. However, there is no support for popular platforms like MetaTrader 4 or MetaTrader 5, which are widely recognized in the trading community for their robust features and capabilities.
The brokers platform allows traders to execute trades directly from their browsers, eliminating the need for software downloads. While this may offer convenience, the lack of transparency regarding the platform's functionality raises concerns about its reliability and security.
Mobile trading capabilities are not explicitly mentioned, indicating that traders may not have access to dedicated iOS or Android applications. Furthermore, the execution model employed by Stargaze Capital remains unclear, which is critical for assessing the quality of trade execution.
There is also no mention of API access or support for automated trading, which are essential features for many sophisticated traders. The broker's technology infrastructure, including server locations and operational capabilities, has not been detailed, making it difficult to evaluate the overall trading experience.
Stargaze Capital offers a tiered structure of account types designed to cater to different levels of traders. The account types include:
The specific trading conditions, such as spreads and commissions, are not clearly stated on the broker's website, which may lead to unexpected costs for traders. Furthermore, the minimum trade size and overnight fees are also not disclosed, increasing the uncertainty surrounding trading with Stargaze Capital.
While the broker does not explicitly offer Islamic accounts or corporate accounts, the lack of detailed information on account features raises questions about the inclusivity of their services.
Stargaze Capital supports several deposit methods, including bank transfers, credit cards (Visa, Mastercard, Maestro), and wire transfers. The minimum deposit requirements vary by account type, starting at $250 for the Start Account.
The processing times for deposits are not specified, leading to potential delays in fund availability for trading. Additionally, there is no information regarding deposit fees, which can impact the overall cost of trading.
Withdrawal methods and limitations are also vague. Clients have reported difficulties in processing withdrawal requests, which raises significant concerns about the broker's practices. The processing time for withdrawals is unclear, and the absence of a transparent fee structure for withdrawals further complicates the situation.
Stargaze Capital offers customer support through multiple channels, including phone and email. The support team operates 24/5, which is a standard practice in the industry. However, the absence of live chat or social media support may limit accessibility for some users.
The broker claims to provide educational resources, including market analysis and financial news. However, the specific types of educational materials available, such as webinars, tutorials, or eBooks, are not detailed on their website. This lack of information may hinder traders' ability to enhance their skills and knowledge effectively.
Market analysis services, including daily analysis and research reports, are not mentioned, which could leave traders without essential insights to inform their trading decisions. Additionally, the availability of trading tools, such as calculators and economic calendars, is unclear.
Stargaze Capital primarily targets clients in the European market, particularly in countries like Spain, France, and Portugal. However, the broker does not provide specific details regarding its regional office distribution.
There are significant concerns regarding the acceptance of clients from certain jurisdictions. Stargaze Capital is not authorized to operate in several regions, which may expose clients to legal risks. The broker's website does not specify which countries are restricted from opening accounts, leaving potential clients in the dark about their eligibility.
In conclusion, while Stargaze Capital presents itself as a comprehensive trading platform, the lack of regulation, transparency, and clarity in its operations raises serious concerns. Prospective traders should exercise extreme caution and conduct thorough research before engaging with this broker.
ひろ5529
Japan
Even though I processed the withdrawal for 47987 USD. I did not receive it and I cannot even process the withdrawal for the remaining 634 USD. It is a scam.
Exposure
2023-11-03
マグ
Japan
I was able to withdraw the first $250, but the next $585 was declined. It has remained on hold since then. I often receive calls from a 050 phone number (different each time). They ask me to pay 25% UK tax on my account every time. When I say that I can't pay, my words fall apart. I can't bear to hear things like "Please kill yourself" so I hang up. After that, it will call several times, but if you ignore it, it will call again a few days later. Recently, I have been receiving calls without notification.
Exposure
2023-11-23