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https://www.fisg.com/en/home
Website
Benchmark
A
Average transaction speed (ms)
MT4/5
Full License
InterStellarFinancial-Demo
Speed:AA
Slippage:AAA
Cost:D
Disconnected:D
Rollover:A
MT4/5 Identification
Full License
Single Core
1G
40G
+357 25211495
+65 98386976
+65 8908 0276
More
THE FIRST INTERSTELLAR CAPITAL LIMITED
InterStellar Group
Cyprus
Pyramid scheme complaint
Expose
I could not contact any person from this platform, they ran away!
Since the beginning of this year, InterStellar Group has had many problems, being unable to log in and trading.
Attention! Interstellar FX, this black platform cannot allow investors to withdraw money! Don't be fooled! Their routine: make you wait indefinitely after applying withdraw money . . .
I became an agent via the salesman and applied for a trading account through my agent URL. But I found that there was no commission. Then I asked the salesman, but he said I didn’t notice him so I didn’t have commissions. Question 1: I used my agent URL, why did I not have the commission? Question 2: Why should I tell the salesman in advance? Question 3: Is this your way to treat traders?
On other platforms, this has not happened. Why does this occur on your platform?
Lost more than 40,000 US dollars. I called the customer service but I couldn't even get through? No one cares!
The app has lagged many times since August 21. And there were many orders with 1 lot on December 27 night, making me lose a lot of money. Therefore, I asked for compensation of $8,910.
Since the regular trading on the platform started on August 21, 2020, there have been many situations such as chuck, inability to trade, and disk disconnection in the middle, including the evening of November 27, the account made multiple orders for no reason (not operated by myself) ) The account suffered serious losses. To sum up, it is required to change the platform to compensate the loss of the account with USD 8910.
There are many orders which I didn't place, making me lose a lot. Now I want this platform to compensate me
Return the principal to me, I have been investing money in it to get the principal back, I don't know the risk control. I can't withdraw the money
The slippage reached $10 on August 9. I set stop loss at 1748 but the platform changed it to 1738. The customer service said it was normal and the slippage usually stood at $0.2-3. They could not search the data on June 29.
According to the latest news, StarCraft, a black platform, currently has a large number of employees fired, and StarCraft’s senior executives have left one after another. StarCraft’s boss Lin Moumou has already escaped abroad. The reason may be that StarCraft was terminated last year and the matter has not been resolved. The company’s capital chain is broken. It is recommended Everyone who has funds in StarCraft quickly withdraw money, and StarCraft employees quickly quit.
Deposit 4000 dollars, but cannot withdraw. The account is suspended and cannot contact customer service now.
Attention! Interstellar FX, this black platform is not allowed you to withdraw money! Don't be fooled! Their routine: wait indefinitely after applying withdraw money...
I became an agent via the salesman and applied for a trading account through my agent URL. But I found that there was no commission. Then I asked the salesman, but he said I didn’t notice him so I didn’t have commissions. Question 1: I used my agent URL, why did I not have the commission? Question 2: Why should I tell the salesman in advance? Question 3: Is this your way to treat traders?
I registered an account 86014278 on this platform. Before the deposit, the platform told me that the withdrawal will take 1-2 days to arrive. After I made the deposit, I started to apply for withdrawal from June 9th. It took me a month to show that the withdrawal was approved, but it has not been received for 3 weeks. Every time I contact with the customer service, he always responds: Arrangement for payment, please pay attention to the balance. With such a big platform, does even my account balance: 37746, need to make up for a few weeks? Unable to withdraw money until now
Stop Out
0.59%
Stop Out Symbol Distribution
6 months
Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.
Interstellar FX Review Summary in 10 Points | |
Founded | 2012 |
Registered Country/Region | Cyprus |
Regulation | CYSEC |
Market Instruments | CFDs on forex, shares, indices, commodities |
Demo Account | Available |
Leverage | 1:400 |
EUR/USD Spread | 1.6 pips |
Trading Platforms | MT4 |
Minimum deposit | $500 |
Customer Support | Phone, email |
Interstellar FX is a Cyprus registered online Forex and CFD broker. The brand was established in 2012 and currently holds an authorized representative license with Cyprus Securities and Exchange Commission (CySEC, No. 166/12). The broker offers a range of trading instruments including Forex, shares, indices, and commodities on the popular MetaTrader 4 (MT4) trading platform, as well as rich educational resources.
In the following article, we will analyze the characteristics of this broker from various aspects, providing you with simple and organized information. If you are interested, please read on. At the end of the article, we will also briefly make a conclusion so that you can understand the broker's characteristics at a glance.
Interstellar FX is a regulated broker that offers a variety of trading instruments and educational resources. The broker also provides negative balance protection, investor compensation fund, and segregation of funds for the safety of client funds.
However, the broker has relatively high minimum deposit requirements, limited payment options, and high withdrawal fees for bank wire and credit card transactions. Overall, Interstellar FX can be a good choice for experienced traders who can afford the high minimum deposit and value the safety of their funds.
Pros | Cons |
• Regulated by CYSEC | • Clients from USA, Iran, Canada, Belgium and France are not accepted |
• Segregation of funds and negative balance protection | • High minimum deposit of $500 for standard account |
• Wide range of trading instruments available | • Limited account types available |
• Demo accounts available | • Limited payment methods |
• High maximum leverage up to 1:400 for Forex currency pairs | • High spreads on certain currency pairs and assets |
• MT4 support | • No information available on commissions |
• Multiple educational resources available | • Limited customer support hours |
There are many alternative brokers to Interstellar FX depending on the specific needs and preferences of the trader. Some popular options include:
IronFX - Offers a variety of trading accounts, but has high minimum deposit requirements and higher spreads compared to competitors.
LMFX - Offers competitive spreads and a wide range of trading instruments, but has limited regulation and mixed reviews on customer support.
ThinkMarkets - A well-regulated broker with competitive spreads and a variety of trading platforms, but limited educational resources.
Ultimately, the best broker for an individual trader will depend on their specific trading style, preferences, and needs.
Interstellar FX being regulated by the Cyprus Securities and Exchange Commission (CYSEC) and offering various protective measures such as segregation of funds, investor compensation fund, and negative balance protection, indicates that the broker is taking steps to ensure the safety of its clients' funds. It also has been in operation for several years and has received positive reviews from many customers.
Based on the information available, Interstellar FX appears to be a reliable and trustworthy broker. However, as with any investment, there is always some level of risk involved, and it is important for traders to do their own research and carefully consider their options before investing.
Tradable financial assets that investors can trade with the Interstellar FX platform include CFDs on forex, shares, indices, and commodities. With such a diverse range of trading instruments, clients of Interstellar FX have the opportunity to build a diversified portfolio and potentially take advantage of a range of market opportunities.
In respect to minimum initial deposit requirements, Interstellar FX offers only one Standard account with a minimum deposit of $500, a little bit unaffordable for most regular traders, especially beginners.
However, demo accounts are available for those who want to test the platform and practice trading strategies without risking real money. The demo accounts provide access to the same range of trading instruments as the live account, and it is free and unlimited. The lack of multiple account options may be a drawback for traders who prefer to choose account types that suit their trading style and experience level.
The maximum trading leverage is 1:400 for Forex currency pairs, 1:50 for indices, 1:200 for gold, 1:100 for silver, and 1:100 for energy products. It's important to note that while leverage can magnify gains, it can also magnify losses, so traders should use it with caution and ensure they have a solid risk management strategy in place.
The minimum spread offered by Interstellar FX is 1.6 pips for the EURUSD, 1.9 pips for GBPUSD, 2.0 pips for USDJPY, 3.3 pips for XAUUSD, 2.8 pips for XAGUSD, 3.5 pips for UK Oil, and 3.3 pips for US Oil. However, without information on commissions, it is difficult to fully assess the cost of trading with Interstellar FX.
Below is a comparison table about spreads and commissions charged by different brokers:
Broker | EUR/USD Spread | Commissions |
Interstellar FX | 1.6 pips | N/A |
IronFX | 0.7 pips | None |
LMFX | 0.2 pips | None |
ThinkMarkets | 0.1 pips | None |
Note: Spreads can vary depending on market conditions and volatility.
Interstellar FX offers traders the most popular MT4 trading platform, downloadable for PC. MT4 trading platform has powerful charting tools, is straightfoward, intuitive, and user-friendly, supports 3 execution modes, 2 market orders, a large number of custom technical indicators, a large number of backtesting orders, support for viewing trade history, support for EA automated trading, and the ability to develop different investment strategies for different levels of investors.
See the trading platform comparison table below:
Broker | Trading Platform |
Interstellar FX | MetaTrader 4 |
IronFX | MetaTrader 4, MT5 |
LMFX | MetaTrader 4 |
ThinkMarkets | MetaTrader 4, MT5, cTrader |
Note: Some brokers may offer additional platforms not listed in this table.
Interstellar FX only supports bank cards (Visa/MasterCard) and bank wire.
Interstellar FX | Other Brokers | |
Minimum Deposit | $500 | $100 |
There are no deposit fees for Visa/Mastercard, but there may be unspecified fees for bank wire deposits. The broker charges a withdrawal fee of 3.25% + €2.50 per transaction for Visa/Mastercard withdrawals, but no withdrawal fee for bank wire.
See the deposit & withdrawal fee comparison table below:
Broker | Deposit Fee | Withdrawal Fee |
Interstellar FX | No deposit fees for cards | 3.25% + €2.5 Euro/transaction for cards |
IronFX | No deposit fees for cards, 2.5% for others | $50-$100 depending on the method |
LMFX | No deposit fees for cards, 0.25% for others | 3% for cards, $30-$100 depending on the method |
ThinkMarkets | No deposit fees for cards | None |
Note: Fees may vary depending on the payment method and other factors. The table above is intended to provide a general overview and may not reflect the most up-to-date information.
The processing time for deposits is instant for Visa/Mastercard, and 3-5 working days for bank wire deposits. Withdrawals via Visa/Mastercard take 1 working day, while other withdrawal methods take 3-5 working days.
Interstellar FX offers customer support via phone and email, and has an FAQ section available for quick reference. The broker's operating hours are Monday to Friday, 9:00 to 18:00 Cyprus local time, with Cyprus observing Eastern European Summer Time (EEST or GMT+3) during summer months and Eastern European Time (EET or GMT+2) during winter months. In addition, Interstellar FX can be followed on various social media platforms, including Twitter, Facebook, Instagram, YouTube, and LinkedIn.
Pros | Cons |
• Phone and email support available | • Limited customer support hours |
• FAQ section available | • No live chat support |
• Social media presence | • No multilingual support |
• Operating hours coincide with market hours | • Limited communication channels |
Note: These pros and cons are subjective and may vary depending on the individual's experience with Interstellar FX's customer service.
Interstellar FX offers a variety of educational resources to assist traders. These resources include an economic calendar, glossary, videos, market news, market watch currencies, market watch indices, market watch commodities, and ebooks. These resources can help traders stay informed about the market and make more informed trading decisions. The availability of educational resources is an important factor to consider when choosing a broker, and Interstellar FX seems to have a decent range of materials available.
All things considered, Interstellar FX is a regulated forex and CFD broker that offers a range of trading instruments with negative balance protection and investor compensation fund for added security. However, the minimum initial deposit required for the standard account is quite high, making it unaffordable for some traders. Overall, Interstellar FX may be a suitable option for experienced traders who are looking for a legitimate and reliable broker with a range of trading instruments and rich educational resources.
Q 1: | Is Interstellar FX regulated? |
A 1: | Yes. It is regulated by Cyprus Securities and Exchange Commission (CYSEC). |
Q 2: | At Interstellar FX, are there any regional restrictions for traders? |
A 2: | Yes. Interstellar FX does not offer CFDs to residents of certain jurisdictions - amongst which USA, Iran, Canada, Belgium and France. |
Q 3: | Does Interstellar FX offer demo accounts? |
A 3: | Yes. |
Q 4: | Does Interstellar FX offer the industry-standard MT4 & MT5? |
A 4: | Yes. It supports MT4. |
Q 5: | What is the minimum deposit for Interstellar FX? |
A 5: | The minimum initial deposit to open an account is as high as $500. |
Q 6: | Is Interstellar FX a good broker for beginners? |
A 6: | No. Though it is a regulated broker, it seems to only offer one Standard account with minimum deposit requirement of $500, which is not friendly for beginners. However, beginners can open a demo MT4 account to test trading conditions. |
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