The Seychelles Financial Services Authority (FSA) issued a scam alert warning investors, licensees, and the public that traderstarfx International Ltd and the website https://traderstarfx.com are not authorised, licensed, or regulated by the FSA, despite claims made on the website. The FSA noted that the website states the firm is regulated by the FSA under licence number SD049, but said the entity is not known to the Authority, does not hold a valid licence, and the website is not linked to any entity licensed or regulated by the FSA. The notice urges the public to conduct adequate due diligence before engaging with any entity or providing funds or personal details, and states the FSA will not be liable if persons continue to use services associated with the website.
Seychelles Financial Services Authority 2025-02-03
Seychelles Financial Services Authority issues scam alert on traderstarfx.com and false licence claim SD049
The Seychelles Financial Services Authority (FSA) issued a scam alert regarding traderstarfx International Ltd and its website, which falsely claim FSA regulation under licence number SD049. The FSA clarified that the entity is not licensed or regulated by them and urged the public to perform due diligence before engaging with the firm.