Interstellar Group is a forex broker registered in 2015 in Saint Vincent and the Grenadines, primarily offering trading services in forex, precious metals, energy, and indices. The company's official website supports multiple languages including Simplified Chinese, Traditional Chinese, English, Russian, Japanese, Korean, Thai, and Vietnamese. Additionally, account registration pages on the Interstellar Group website support Simplified Chinese, English, Thai, and Vietnamese.
Company Background:
According to the official Interstellar Group website, the company and its associated entity First Interstellar Global Ltd are registered in Saint Vincent and the Grenadines and Seychelles, respectively. Checks on the Financial Services Authority of Saint Vincent and the Grenadines (SVGFSA) and the Seychelles government (Seygo Connect) websites confirm the authenticity of their registration information. Additionally, a Whois lookup reveals that the company's domain was registered on July 24, 1997, indicating it has been active for over 20 years.
Account Registration:
Information on the Interstellar Group website shows it offers both real and demo account registration links. To register for a real account, click the "LIVE ACCOUNT" button at the top right corner or on the homepage of the Interstellar Group website, then fill in the required fields such as name, country, phone number, email, password, select trading software, account type, and leverage ratio to complete the registration. The demo account registration process mirrors that of the real account. The account registration page supports Simplified Chinese, English, Thai, and Vietnamese.
Account Types:
The Interstellar Group website lists four different trading account types for investors: Standard Account, ECN Account, Union Account, and Cent Account. It also provides details on the maximum trading unit, trading platform, leverage ratio, margin call level, and stop-out level for each account type.
Trading Products:
The Interstellar Group website provides trading services for forex, precious metals, energy, and indices. It also offers detailed information about the specific products covered under each category and the associated spreads for different account types. However, specifics regarding commissions, minimum and maximum trading units are not provided.
Leverage Ratio:
While the Interstellar Group presents leverage ratios for different accounts on its website, it does not provide specific leverage ratio details for forex, precious metals, energy, and indices trading products.
Trading Time:
The Interstellar Group website does not specify trading times for forex, precious metals, energy, and indices products.
Deposits and Withdrawals:
Although Interstellar Group indicates that it supports local payments (UnionPay) and bank wire transfers, providing fees and timing information for these transactions, it does not specify the currencies supported for deposits and withdrawals.
Trading Software:
The Interstellar Group website offers MetaTrader4 (MT4) and MetaTrader5 (MT5) trading software to its investors. These platforms are available for Windows/MacOS desktop, web version, and mobile platforms (iOS/Android/Pad). However, some users may experience difficulties in downloading or slow download speeds of the MT4 or MT5 Android versions in certain countries or regions.
Other Services:
The Interstellar Group website mentions that it provides services such as MAM, PAMM, MultiTerminal, technical analysis, and trading terminology education. MAM allows investors to manage multiple sub-accounts from a single main account. PAMM lets investors entrust their accounts to others or accept other investors' accounts. MultiTerminal enables investors to manage multiple trading accounts simultaneously. Technical analysis is provided through a collaboration with Trading Central, a renowned global investment research and financial market technical analysis service provider. The trading terms resource aids investors in gaining basic market knowledge.
Regulatory Information:
The Interstellar Group website indicates that the associated company, First Interstellar Global Ltd, is regulated or authorized by the Seychelles Financial Services Authority (FSA) and the Cyprus Securities and Exchange Commission (CySEC). Verification on these regulatory bodies' websites confirms the authenticity of this information.
Conclusion:
Interstellar Group is a legitimately operating broker. The Financial Services Authority of Saint Vincent and the Grenadines (SVGFSA) and the Seychelles government (Seygo Connect) both verify the registration information for Interstellar Group and its associated entity, First Interstellar Global Ltd. Furthermore, checks with the Seychelles Financial Services Authority (FSA) and the Cyprus Securities and Exchange Commission (CySEC) confirm the regulatory information for First Interstellar Global Ltd as authentic. Therefore, it can be concluded that Interstellar Group is a legitimate broker. TraderKnows advises caution to protect your assets and avoid falling into scams.
