Alert: This scam is no longer in business!
Starling Capital was an unlicensed binary options broker that opened in May 2016.
They are owned by Chromex Capital Ltd, located at Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, MH96960 Marshall Islands. Starling Capital’s phone number is; USA: (877) 286 9031 and Sweden: +46 (8) 4200 2748.
Their email is [email protected], for complaints about brokers look here.
Scam Trading Systems
Starling Capital Review
Like the other brokers Glenridge Capital and Morton Finance, Starling Capital uses this new, very basic binary options trading system. Their software has high/low binary options are multiple expiration time frames. Starting at 60, 90, 120 seconds, going out to daily, weekly, monthly and yearly options. The returns on EUR/USD options were 70% when we did this review.
The trading platform is only available in English, but with a phone number in Sweden, they may be looking for Swedish traders. .
Starling Capital License
When Scam Broker reviews a binary options broker, the one thing we check for, is the same thing you should look for, which is a license. We look to see if the broker is licensed in the United States, Australia, United Kingdom or Cyprus.
Starling Capital in NOT a licensed broker. You should read more about licensed brokers here.
ASIC Australia Warning!
“ASIC urges all investors considering trading in binary options to check they are dealing with an entity that holds an Australian financial services licence.”
On October 26th 2015, FINRA published an investor alert regarding offshore binary options brokers. Read the alert on FINRA’s website here.
Warning: This broker is not licensed or regulated by the CFTC. Read this to see why smart people only use licensed brokers.
What was your experience trading at Starling Capital? Please share your review in the comments below.