The Seychelles Financial Services Authority issued a scam alert warning that “STAR TRADERS”, operating via traderstarfx.com, is claiming to be authorised and regulated by the FSA despite not holding a valid licence and not being regulated by the authority in any capacity. The notice is directed to investors, licensees and the general public, and urges prospective clients to conduct adequate research on an entity, its service providers and representatives before engaging in business or sharing money or personal details. The FSA also reminded the public that it will not be liable if persons continue to engage with, maintain a client relationship with, or use services provided by the referenced website.
Seychelles Financial Services Authority 2025-04-28
Seychelles Financial Services Authority warns STAR TRADERS is falsely claiming FSA authorisation
The Seychelles Financial Services Authority issued a scam alert regarding "STAR TRADERS," which falsely claims to be authorised and regulated by the FSA. The authority warns investors and the public to verify the legitimacy of entities before engaging in business. The FSA disclaims liability for any interactions with the unlicensed entity.