Score
United Kingdom
|
1-2 years
| https://pipsstar.com
Website
Rating Index
LicensesLicensed Entity：PIPS STAR INC
License No. 31000283684083
Single Core
1G
40G
1M*ADSL
United Kingdom
pipsstarglobal.com
pipsstar.com| PIPS STARReview Summary | |
| Founded | 2024-07-28 |
| Registered Country/Region | United Kingdom |
| Regulation | Unregulated |
| Market Instruments | Forex, Cryptocurrencies, Stocks, and CDFS |
| Trading Platform | PIPS STAR （Web and Mobile） |
| Customer Support | support@pipsstar.com |
| 71-75 Shelton Street Covent Garden London, London, London, WC2H 9J, United Kingdom | |
PIPS STAR is an online trading platform. It offers over 10,000 trading assets, including forex, cryptocurrencies, stocks, and CFDs. The broker also provides 24/7 multilingual customer support and PIPS STAR to trade. It is important to note that this broker is unregulated, and novice traders are advised to prioritize regulated platforms.
| Pros | Cons |
| Multiple trading instruments | Unregulated |
| 24/7 multilingual customer service | MT4/MT5 not available |
| Unclear leverage | |
| Unfriendly to beginners |
PIPS STAR is not regulated. It is recommended that investors give priority to trading with regulated brokers.
PIPS STAR offers forex, over 100 cryptocurrencies (such as BTCUSDT, ETHUSDT, CELOUSDT), stocks, and CFDs.
| Tradable Instruments | Supported |
| Forex | ✔ |
| Cryptocurrencies | ✔ |
| Stocks | ✔ |
| CDFs | ✔ |
| Shares | ❌ |
| ETFs | ❌ |
| Bonds | ❌ |
| Mutual Funds | ❌ |
PIPS STAR provides a featured tool called PIPS STAR Aggregator, which supports both web and mobile platforms.
PIPS STAR supports deposits via bank transfers, credit cards (Visa/Mastercard), USDT, and other cryptocurrencies.
PIPS STAR offers several withdrawal options, including bank transfers, credit cards (Visa/Mastercard), USDT (Tether), and other cryptocurrencies. This allows traders to choose the payment method that works best for them. Cryptocurrency withdrawals, in particular, are often faster and can have lower fees compared to traditional bank transfers. However, it is important to confirm with PIPS STAR whether certain payment methods are available in your country or if there are any associated fees. Additionally, some payment methods may take longer than others to process, so understanding the withdrawal time frames for each method can help you plan accordingly.
PIPS STAR is regulated by FinCEN, which offers basic oversight with regard to anti-money laundering and financial crime prevention. However, it does not offer the same level of investor protection as brokers regulated by top-tier authorities such as the FCA, ASIC, or CySEC. These regulators ensure that client funds are kept in segregated accounts and provide compensation schemes in case of broker insolvency, among other protections. Therefore, while PIPS STAR’s FinCEN regulation provides some degree of legitimacy, it does not offer the same comprehensive safety nets for traders that come with stronger regulatory frameworks.
PIPS STAR has a few key risks to be aware of. First and foremost, it is not regulated by top-tier authorities like the FCA, ASIC, or CySEC, which means that investors don’t have the same level of protection against fraud or insolvency. Additionally, PIPS STAR does not support popular platforms like MT4 or MT5, which are preferred by many traders due to their reliability and advanced tools. The proprietary platform may not offer the same level of functionality or customizability. There is also a lack of transparency around leverage options and account types, making it difficult for traders to assess whether the platform suits their needs.
PIPS STAR's safety as a trading platform is a mixed bag. On one hand, its regulation by FinCEN ensures compliance with basic financial crime prevention standards, which can add some level of legitimacy. On the other hand, FinCEN's role focuses on preventing illegal activities such as money laundering, rather than offering investor protection. Therefore, while PIPS STAR may be considered "legit" in terms of regulatory compliance, traders should be cautious. The lack of stronger investor protections makes PIPS STAR potentially riskier than brokers regulated by more comprehensive authorities like the FCA or ASIC, which provide better safety nets for your funds and offer recourse in case of disputes.
Please enter...
TOP 
Chrome
Chrome extension
Global Forex Broker Regulatory Inquiry
Browse the forex broker websites and identify the legit and fraud brokers accurately
Install Now
FX4223851258
Bangladesh
excellent broker
Positive
Rashed3418
Bangladesh
I am also confused for their service. So need to checkout risk factor before investment.
Neutral
Md Shakib Uddin
Bangladesh
many days I am using this broker and totally I am very satisfied with their deposit and withdrawal processing time.
Positive
FX3893682493
Bangladesh
pipsstar withdraw system Is So Easy And faster then Other Broker 💝. I hope they give us more fast service ✌️
Positive