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Northstar

United Arab Emirates|5-10 years|
High potential risk|

http://northstardmcc.com

Website

Rating Index

Contact

+971 4 558 8512
info@northstardmcc.com
http://northstardmcc.com
Jumeirah Lake Towers, JBC-4, Office-1204 P.O Box:243080 Dubai, UAE

Licenses

No valid regulatory information, please be aware of the risk!

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

Open Now

Contact number

English

+971 4 558 8512

Other ways of contact

Broker Information

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Company Name

Northstar Commodity Trade Dubai

Abbreviation

Northstar

Platform registered country and region

United Arab Emirates

Company website

Pyramid scheme complaint

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Warning: Low score, please stay away! 2
Previous Detection : 2024-11-15
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

Northstar · WikiFX Survey

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Northstar · Company Summary

Northstar Information

Northstar, registered in the UAE, was established in 2014 as a broker with the full name Northstar Commodity Trade Duba. It is said to be a registered member of DMCC, License number: 34217, and DGCX, a regulated government body in the United Arab Emirates (UAE) that trades gold and high-value commodities locally and globally. However, according to the results of the WifiFX investigation, the brokerage is currently in an unregulated state, so traders should be alert to false information and protect the safety of funds.

Northstar Information

Pros and Cons

ProsCons
NoneNo regulated
Too little information was disclosed

Is Northstar Legit?

Northstar is not regulated, so safety is not fully guaranteed, and traders should be aware of the risks.

Is Northstar Legit?
Is Northstar Legit?

Customer Service

Northstar allows traders to access customer support via phone and email. In addition, they can also be found through the offline address.

Contact OptionsDetails
Phone+9714 3835485 +971 564995527
Emailinfo@northstardmcc.com
Website LanguageEnglish
Physical Address5419 Almas Tower JLT, Dubai-UAE P.O. Box: 243080

The Bottom Line

While Northstar has positioned itself as a broker focused on commodities trading, its unregulated status makes it a potentially risky option. Traders should consider choosing a broker with a strong regulatory framework to ensure that the trading experience is safe and secure.

FAQs

Is Northstar safe?

No. Northstar is not regulated and traders should be careful and consider the risks involved.

Is Northstar good for beginners?

No, it's not for beginners. As an unregulated broker, Northstar may not be fully available in terms of security, educational resources, etc., and therefore cannot provide complete system assistance for beginners.

Is Northstar good for day trading?

No, not for day trading. The security of funds and the integrity of trade execution are important and critical for day trading, and regulation is a crucial consideration. But Northstar is not regulated.

News

 A MASSIVE EMPLOYMENT CUT IS ON THE HORIZON AS THE DOLLAR HITS N590 AND FOREX SCARCITY STRIKES MORE

News A MASSIVE EMPLOYMENT CUT IS ON THE HORIZON AS THE DOLLAR HITS N590 AND FOREX SCARCITY STRIKES MORE

2022-04-16 12:00

Even as the parallel market exchange rate approaches N590/$1, the country's ongoing foreign exchange scarcity has worsened.

WikiFX
2022-04-16 12:00
News
 A MASSIVE EMPLOYMENT CUT IS ON THE HORIZON AS THE DOLLAR HITS N590 AND FOREX SCARCITY STRIKES MORE
THE CBN'S RT200 FX POLICY WOULD RESHAPE EXPORTERS' MINDSETS AND ADD VALUE TO THEIR COMMODITIES

NewsTHE CBN'S RT200 FX POLICY WOULD RESHAPE EXPORTERS' MINDSETS AND ADD VALUE TO THEIR COMMODITIES

2022-04-15 16:17

Let us now turn our attention to the first item of discussion for today: the central bank of Nigeria formally announced the commencement of the RT200 FX program in an effort to gain 200 billion dollars in FX repute over the following three to five years. The Rt200 forex program is based on the background value of increasing export facilities, non-oil commodity expansion facilities, and by on or non-all export summits. This strategy is projected to boost and weaken the supply side of the foreign exchange market, which is more important and influential than demand management involvement in the foreign exchange market.

WikiFX
2022-04-15 16:17
News
THE CBN'S RT200 FX POLICY WOULD RESHAPE EXPORTERS' MINDSETS AND ADD VALUE TO THEIR COMMODITIES

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