After Verification: Northstarvc Is Operating Through The Website Https://northstarvc.io/.
The Company's Website Is Currently Defunct, Inaccessible, Appears To Be Out Of Business, And Most Likely A Fake Trader. Traders Must Be Vigilant To Prevent Being Deceived And Causing Damage To Their Funds.
On November 19, 2024, The British Columbia Securities Commission (BCSC) Issued A Warning To Northstarvc That The Broker Was Not Registered To Trade Securities Or Derivatives In BC And Did Not Provide Advice On Securities Or Derivatives.
BCSC Original Link: Https://www.bcsc.bc.ca/enforcement/early-intervention/investment-caution-list/2024/northstarvc.
Reviewed Northstarvc Is An Unregulated Broker
The Entity Behind Northstarvc Is Anonymous As The Site Does Not Disclose Any Useful Company Information To Ensure Transparency. We Also Did Not Find Any Valid Licensing Information Provided On The Site, Which Suggests It May Not Be Licensed And Supervised.
Additionally, The British Columbia Securities Commission (BCSC) Has Issued A Warning To Northstarvc That The Broker Is Not Registered With BC To Trade Or Advise On Securities Or Derivatives.
By Nature, Northstarvc Is Not Regulated By Any Governing Body. Funds Entrusted To Investors Are High Risk As There Are No Legal Protections To Protect The Funds. Northstarvc Appears To Be A Scam.
And Most Non-compliant Brokers Do Not Disclose Providing Their Direct Real Contact Information, Such As Phone Numbers Or Company Addresses.
Note: Northstarvc As An Unregulated Broker Means That Clients' Investments May Not Be Adequately Protected. Due To The Lack Of A Regulator To Hold Companies Accountable, The Lack Of Regulation Increases The Risk Of Potential Financial Losses.
If You Invest In An Unregulated Broker, They Are Likely To Run Away With Your Hard-earned Money Without Any Recourse. Therefore, Investors Must Be Extremely Cautious And Remind Everyone To Stay Away From These Unregulated Brokers As Much As Possible When Choosing A Broker.
