Stellar Finance evaluation: high risk (suspected fraud）

Stellar Finance Overview:

The official website of Stellar Finance shows that Stellar Finance was founded in the United States by Mr. Brent Cunningham at the end of 2012. In fact, the company was registered in Colorado, United States on June 26, 2023.

Domain Registration of Stellar Finance:

According to the whois website query, the Stellar Finance domain name registration time was on its official website on August 10, 2023. As of November 30, 2023, the broker's domain name registration time was less than four months.

Is Stellar Finance legit or a scam? Does Stellar Finance have any regulatory licenses?

Stellar Finance This entity is a non-member registered unit of the National Futures Association (NFA) and is not regulated by it, which means that the entity does not have any effective supervision.

Employees of Stellar Finance:

Traderknows did not find Stellar Finance's corporate employee information.

Trading software provided by Stellar Finance:

The Stellar Finance official website provides users with its self-developed trading platform, including PC, Android, iPad, iPhone and web version. However, the download button provided on its official website cannot be opened at all, and can only open the registration page.

Online Reputation and Client Complaints:

It has also been marked as a suspected fraud broker on some other media websites. For example, the platform below highlighted several suspicious behaviors such as blocked or frozen accounts, inability to log in, disappearance of account funds, inability to contact the broker, website shutdown, unauthorized bank withdrawals, and pressure to invest more after losses . These factors raise concerns about the company's legality and business practices.

Trading Products Provided by Stellar Finance:

The Stellar Finance platform offers cryptocurrencies, major, minor and exotic FX pairs, gold and indices.

Contact Information:

Investors can contact Stellar Finance only through E-mail.

Website Traffic of Stellar Finance:

Stellar Finance's website traffic is relatively low compared to larger brokers, and typically, lower traffic indicates that the company has fewer users and lacks corporate strength.

Conclusion:

Stellar Finance’s registration information contains contradictions, raising concerns about the company’s transparency and credibility. The registration period is less than four months and the lack of regulation increases investment risks. The company's staff information is unclear, there are problems with the self-developed trading platform, and the website traffic is low, which shows that the company may have many uncertainties. Therefore, Stellar Finance is marked as "suspected fraud" on Traderknows, which reminds investors to carefully consider cooperation with Stellar Finance.