5StarsForex.com Review
1.788 •
26 REVIEWS
Out of business
Updated: Apr 13, 2022
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March 2016: FPA Testing has verified that 5StarsForex and the scam brokerage Capital One Forex are using the same MT4 server for live accounts. The FPA considers this to be supporting evidence for accusations the FPA has seen saying that these 2 brokers share common ownership.
December 17th, 2015: It took until today for 5StarsForex to send the documents for additional checks. The FPA views this as either a deliberate delay or else a sign of gross incompetenece by employees and management of 5StarsForex. Either way, the FPA recommends AGAINST depositing funds with 5StarsForex until this issue is resolved.
The case against 5StarsForex was moved to the Open Cases folder. Since there was no acknowledgement of verification of the documents or transfer of the money money owed to the client by the end of December, the voting began in the first week of January. The vote came out as GUILTY.
The FPA considers this to be another reason to recommend AGAINST depositing any money with 5StarsForex.
November 29, 2015: CAUTION: The FPA has been trying to assist a client who has a problem withdrawing money from 5 Stars Forex. The company originally demanded documents be verified by the Swedish Embassy in the client's country. After extensive delays, other methods of verification were agreed to. The documents arrived over 10 days ago and are still sitting in the mailroom of the broker. 5 Stars Forex's representative claims that management has not yet approved appointing someone perform additonal checks done on the documents. The FPA views these actions as dangerously close to deliberately putting in delays and requirements in order to prevent withdrawals. The FPA recommends a VERY HIGH LEVEL OF CAUTION dealing with 5 Stars Forex until this issue is resolved.
Website is down. One less scam broker site to worry about.
Out of business
1.788 •
26 REVIEWS
Recent User Reviews of 5StarsForex.com
M
mohamed aldahman
, Egypt,
Jun 25, 2016,
Guest
since i send you my complain about scam company 5Stars forex in date 7/4/2016 for 8200$ i dont receive any response hope you remmber me and help me with this fraud and thief company
mohamed aldahman
2016-04-07 No Rating i had been scamed by 5stars forex scam company by 8200$ my live account is111992 and at the first withdrawal in the end of the weak when i start nextweekcon monday 8/3/2016 i found every thing stopped and no chat no any one answer me all except sending messages from every where including skype but no answer on monday 28/3/2016 the called ADNAN called me and tell me tyey are sorry and they will send me my deposit after they check my creditcard and found it o.k. through skrill company i that my money will be refund through 2days and he will call me again after 2days and till now no money no call no any answer no any response
hope too much your help
mohamed aldahman
mohamed aldahman
2016-04-07 No Rating i had been scamed by 5stars forex scam company by 8200$ my live account is111992 and at the first withdrawal in the end of the weak when i start nextweekcon monday 8/3/2016 i found every thing stopped and no chat no any one answer me all except sending messages from every where including skype but no answer on monday 28/3/2016 the called ADNAN called me and tell me tyey are sorry and they will send me my deposit after they check my creditcard and found it o.k. through skrill company i that my money will be refund through 2days and he will call me again after 2days and till now no money no call no any answer no any response
hope too much your help
mohamed aldahman
D
David Barkan
Haifa, Israel,
Mar 20, 2016,
Guest
I am a Forex trader, and trade with many brokers all over the world.
I learned about the broker in the name of 5 Stars Markets Ltd from the internet in April 2015.
They are located in the following address: Suite 118, Orion Mall, Victoria, Mahe, Seychelles.
International Business Company,
Website: www.5starsforex.com Web-site: https://5starsforex.com/, Phone: +46852503456
The people that contact me from this company are:
1. George Mikhail, Email : george@5starsforex.com, , Skype: george.5starsfx,
2. Ivan Kabinov, Sales Manager, Email : ivan@5starsforex.com, Skype: ivan.5starsfx
I opened with 5Stars 4 trading accounts and transfer to my 5Stars accounts total amount of 4,550 US$ for my trading.
During the time I managed to make additionally of 3,487 US$.
So total I Have the amount of 8,037 US$ in my 5Stars trading account.
From beginning of March 2016 the trading accounts with 5Stars stopped working and they disappeared.
Since then they stopped all contact with me.
Their trading platforms are not working, no connection.
No one of them is answering my so many e-mail messages, or Skype, or phone calls.
There is no contact with any one of them in any way.
First of all if you didn't trade with them up to now. Don’t trade with the, they are stealing our money.
And if you trade with them and you are in a similar situation I suggest you to tell your story here and compline as a crime report at their local Police Department in the following:
To the Police Department of the Republic of Seychelles,
Name: Jean Toussaint Title: Public Relations Manager
E-mail: jean69_toussaint@yahoo.com
http://www.police.gov.sc/index.php/report-a-crime
All the best. David Barkan.
I learned about the broker in the name of 5 Stars Markets Ltd from the internet in April 2015.
They are located in the following address: Suite 118, Orion Mall, Victoria, Mahe, Seychelles.
International Business Company,
Website: www.5starsforex.com Web-site: https://5starsforex.com/, Phone: +46852503456
The people that contact me from this company are:
1. George Mikhail, Email : george@5starsforex.com, , Skype: george.5starsfx,
2. Ivan Kabinov, Sales Manager, Email : ivan@5starsforex.com, Skype: ivan.5starsfx
I opened with 5Stars 4 trading accounts and transfer to my 5Stars accounts total amount of 4,550 US$ for my trading.
During the time I managed to make additionally of 3,487 US$.
So total I Have the amount of 8,037 US$ in my 5Stars trading account.
From beginning of March 2016 the trading accounts with 5Stars stopped working and they disappeared.
Since then they stopped all contact with me.
Their trading platforms are not working, no connection.
No one of them is answering my so many e-mail messages, or Skype, or phone calls.
There is no contact with any one of them in any way.
First of all if you didn't trade with them up to now. Don’t trade with the, they are stealing our money.
And if you trade with them and you are in a similar situation I suggest you to tell your story here and compline as a crime report at their local Police Department in the following:
To the Police Department of the Republic of Seychelles,
Name: Jean Toussaint Title: Public Relations Manager
E-mail: jean69_toussaint@yahoo.com
http://www.police.gov.sc/index.php/report-a-crime
All the best. David Barkan.
B
Barry Battista
Virginia, USA,
Mar 9, 2016,
Guest
As of March 7th, 2016 I can no longer log into my account and get no responses to Emails. I believe 5Stars is a scam.
P
petros achileos
nicosia, Cyprus,
Mar 7, 2016,
Guest
ATTENTION ATTENTION
www.5starsforex.com are scam they simply disappear from MT4 platform taking all my money today 7/3/2016 10 days after i was complaining for not executed my withdraw they dont answer phones emails wen live chat they steal my 1500 euro no one regulatory authority can give me my money back
even their eurobank bulgaria cannot do anything
AS A VETERAN IN FOREX TRADING I KINDLY ADVISE YOU DO NOT OPEN ACCOUNT WITH THEM THEY WILL STEAL ALL YOUR MONEY
www.5starsforex.com are scam they simply disappear from MT4 platform taking all my money today 7/3/2016 10 days after i was complaining for not executed my withdraw they dont answer phones emails wen live chat they steal my 1500 euro no one regulatory authority can give me my money back
even their eurobank bulgaria cannot do anything
AS A VETERAN IN FOREX TRADING I KINDLY ADVISE YOU DO NOT OPEN ACCOUNT WITH THEM THEY WILL STEAL ALL YOUR MONEY
A
Abu Obeida Alrasheed
Uae , United Arab Emirates,
Mar 4, 2016,
Guest
Today I was searching for broker to open new account but suddenly I found rating of Scam 5 Stars Forex. Let me share what they did with me.
I was opened an account with Scam 5 Stars Forex 10 months ago. I was deposited funds via credit card. after funded my account I start trading but after 3 days I had some personal problem and I need money so I submitted my request for withdraw after request Ivan call me and told me my withdraw is completed I was happy.
but when 5 days left I not received my money so I asked Ivan he said money is sent but my bank told me they not get anything. I asked Ivan please give the proof of sending money.
After that they never reply me again even I send several emails but still they not give my money back.
I was in trouble and they play with me really bad broker don't trust 5 Stars Forex.
I was opened an account with Scam 5 Stars Forex 10 months ago. I was deposited funds via credit card. after funded my account I start trading but after 3 days I had some personal problem and I need money so I submitted my request for withdraw after request Ivan call me and told me my withdraw is completed I was happy.
but when 5 days left I not received my money so I asked Ivan he said money is sent but my bank told me they not get anything. I asked Ivan please give the proof of sending money.
After that they never reply me again even I send several emails but still they not give my money back.
I was in trouble and they play with me really bad broker don't trust 5 Stars Forex.
S
Shayan
Lahore , Pakistan,
Mar 2, 2016,
Guest
I don't have words for the scamming of 5 Stars Forex. 1st check the proof
https://plus.google.com/u/0/photos/116926971823176913429/albums/6257962985967859425/6257962984302459794?pid=6257962984302459794&oid=116926971823176913429
they give me 2 small withdraws in starting and when i made good profit they told me currently some issue it will done in 15 days but we have a offer for you we can add 70% bonus on profit. My bad luck I said ok.
now see in photo proof after adding 70% bonus I lost really scam, may be I could save if I get my withdraw on time. but they are Scam.
2016-01-04 5 Stars Very good broker I made 4380$ and after each profit closed trade I get my withdraw happy with them.
https://plus.google.com/u/0/photos/116926971823176913429/albums/6257962985967859425/6257962984302459794?pid=6257962984302459794&oid=116926971823176913429
they give me 2 small withdraws in starting and when i made good profit they told me currently some issue it will done in 15 days but we have a offer for you we can add 70% bonus on profit. My bad luck I said ok.
now see in photo proof after adding 70% bonus I lost really scam, may be I could save if I get my withdraw on time. but they are Scam.
2016-01-04 5 Stars Very good broker I made 4380$ and after each profit closed trade I get my withdraw happy with them.
A
Azmat Mughal
Islamabad, Pakistan,
Mar 2, 2016,
Guest
Scam Broker Award 2016 5 Stars Forex, because they won Scam broker Award in 2014 and 2015 with the name of Capital one Forex.
Please save your money from Scam broker. 5Stars Forex and Capital one Forex both are same
1 = https://www.youtube.com/watch?v=npsi1KTm_ro&feature=youtu.be
2 = https://www.youtube.com/watch?v=OmVgf4wZPAw&feature=youtu.be
Me and My 5 friends lost our money from 5 Stars Forex Scam broker. We found this because one day we was open demo account with 5 Stars and we got email from Capital one Forex Scam broker Award 2014 2015. So please stay away and don't give them any Cent.
Review Moderation Team Note: FPA Testing has confirmed that the live MT4 server for both 5StarsForex and CapitalOneForex is the same server. We consider this to be supporting evidence for the two companies being linked. If you have any more evidence, please let us know.
Please save your money from Scam broker. 5Stars Forex and Capital one Forex both are same
1 = https://www.youtube.com/watch?v=npsi1KTm_ro&feature=youtu.be
2 = https://www.youtube.com/watch?v=OmVgf4wZPAw&feature=youtu.be
Me and My 5 friends lost our money from 5 Stars Forex Scam broker. We found this because one day we was open demo account with 5 Stars and we got email from Capital one Forex Scam broker Award 2014 2015. So please stay away and don't give them any Cent.
Review Moderation Team Note: FPA Testing has confirmed that the live MT4 server for both 5StarsForex and CapitalOneForex is the same server. We consider this to be supporting evidence for the two companies being linked. If you have any more evidence, please let us know.
N
Nazhin
Lahore, Pakistan,
Feb 29, 2016,
Guest
Scam yes, Liar yes, Fraud yes, Cheater yes.
I was deposit 1000$ .1st they give me 50% bonus, balance was 1500$. I did mistake I open 1.0 lot in gold trade. I was lucky my position go in big profit I was very very happy. but when I submit withdraw from cabinet, system reject my withdraw and I ask live chat they told me email cs@5starsforex.com so I sent email. and I got reply from ivan@5starsforex.com .
Dear Nazhin
My name is Ivan, I am your account manager and your point of contact;
Regard of your investment with our brokerage firm. We have a good offer for you if you will not withdraw your money we add more 70% bonus in your account.
Best Regards,
Ivan Kabinov
Sales Manager
Email : ivan@5starsforex.com
Website : www.5starsforex.com
Skype: ivan.5starsfx
It was suspicious for me so I was immediately ask for with withdraw but till now nothing even I stopped trading, and live chat always close window when I ask for my withdraw. please help me for getting my money back.
I was mad I open account with scam broker I wish I visit this rating websites before deposit. everyone in terrible from scam 5stars forex.
I was deposit 1000$ .1st they give me 50% bonus, balance was 1500$. I did mistake I open 1.0 lot in gold trade. I was lucky my position go in big profit I was very very happy. but when I submit withdraw from cabinet, system reject my withdraw and I ask live chat they told me email cs@5starsforex.com so I sent email. and I got reply from ivan@5starsforex.com .
Dear Nazhin
My name is Ivan, I am your account manager and your point of contact;
Regard of your investment with our brokerage firm. We have a good offer for you if you will not withdraw your money we add more 70% bonus in your account.
Best Regards,
Ivan Kabinov
Sales Manager
Email : ivan@5starsforex.com
Website : www.5starsforex.com
Skype: ivan.5starsfx
It was suspicious for me so I was immediately ask for with withdraw but till now nothing even I stopped trading, and live chat always close window when I ask for my withdraw. please help me for getting my money back.
I was mad I open account with scam broker I wish I visit this rating websites before deposit. everyone in terrible from scam 5stars forex.
R
Rajpoot
Azad Kashmir, Pakistan,
Feb 27, 2016,
Guest
I request FPA please investigate reality of the scam broker which you done with other scam brokers please,
For 5Stars Forex Scam Scam Scam and SCAM word is a very small word for 5 Star Forex.
They paid money in some website for good and positive review, and also they offer to clients give good comments and get extra bonus or they do by own. But reality is they are Scam, Fraud , and they never back money to clients. I request to all traders who lost money with Scammer please share your bad experience with other and save money of other people.
I was deposited 1200$ and 1st they give me 50% bonus and when I was request for withdrawal they not give me any cent even they offer more 50% bonus mean 100% bonus but no withdrawal.
For 5Stars Forex Scam Scam Scam and SCAM word is a very small word for 5 Star Forex.
They paid money in some website for good and positive review, and also they offer to clients give good comments and get extra bonus or they do by own. But reality is they are Scam, Fraud , and they never back money to clients. I request to all traders who lost money with Scammer please share your bad experience with other and save money of other people.
I was deposited 1200$ and 1st they give me 50% bonus and when I was request for withdrawal they not give me any cent even they offer more 50% bonus mean 100% bonus but no withdrawal.
A
Ajmal
AK, Pakistan,
Feb 26, 2016,
Guest
They are confirmed scammers they stole my 750$, they are offering only BONUS BONUS BONUS.
and when you ask withdraw they give you nothing.
If broker not give you withdraw or profit withdraw then that account will be like a Demo account.
which you can open with any broker and with any amount,
I sent them a lot of emails but no reply or only read terms read terms,
and after that I made calls i spend around 500$ in call charges but no result because there is always answering machine.
and when you ask withdraw they give you nothing.
If broker not give you withdraw or profit withdraw then that account will be like a Demo account.
which you can open with any broker and with any amount,
I sent them a lot of emails but no reply or only read terms read terms,
and after that I made calls i spend around 500$ in call charges but no result because there is always answering machine.