✔️ Information reviewed and updated in May 2024 by Eduardo López

IS Redstarchain TRUSTED? OPINIONS

In this post I will analyze Redstarchain. Is it the broker for stocks, cryptocurrencies, options, ETFs and OTC Redstarchain (with website redstarchain.com) really reliable? Is it safe to invest your money with this company? I will examine this company in detail.

I will explain to you why I think Redstarchain is an UNSAFE company AND I CONSIDER IT UNRELIABLE. BE CAREFUL WITH THIS KIND OF COMPANIES!


ℹ️ BROKER DATA:

Here are two things that I would like to highlight, (1) the first thing that is important to know is about its regulation and (2) the second is the location of the company. These are two data of vital importance to be able to measure the seriousness and reliability of a company.

Does the company have no regulation or is it regulated by an unserious country? Is the company located in an unreliable place or does it not mention where it is located? These are questions that every investor should ask about the reliability of the company.

InformationAbout the company
(I.e. CompanyNot mentioned
???? AddressMentions being located in Ireland
📄 RegistrationNot mentioned
🛡️ RegulapainNot mentioned
️ ️ Phone+442038661544
📧 Email[email protected]
🌐 Websiteredstarchain.com
???? Live ChatYes
💳 Payment methodsNot mentioned
Company typestock, cryptocurrency, options, ETFs and OTC broker

📞 LIST OF PHONE NUMBERS:

+442038661544


💰 DEPOSITS AND ACCOUNTS:

Here is a small analysis of the types of plans/accounts that Redstarchain offers; They are divided into 5 plans/accounts. Here is a table with a little more information about minimum deposits by type of plan/account.

TYPE OF plans/accountsMINIMUM INITIAL DEPOSIT
Beginner $2,000
Standard$4,500
Intermediate$18 500
Advanced$45 000
Integral$100 000


🌐 WEBSITE – WEBSITE:

Below you will see the company's website and a small analysis about the website:

Redstarchain website
  • Age of the website: the domain “redstarchain.com” was registered on December 07, 2023. That is, it is a website that is not very old. 🚩
  • The website does not mention who it belongs to, we noticed a clear lack of transparency in very important data. 🚩
  • As I mentioned before: the company does not mention being regulated, which makes me think that it is an unregulated company. 🚩

⭐ OPINION OF Redstarchain:

After having carried out an analysis of the company, I have come to the following conclusions:

1) The company mentions being located in Ireland, but I think they are trying to mislead about their location. I recommend extreme caution.

2) The company does not mention being regulated or anything about its regulation. I understand that it is a UNREGULATED company.

3) I think the company has very little seniority or history. As I mentioned, I was able to check that the domain “redstarchain.com” was registered on December 07, 2023. It is very recent.

4) The company has a very bad reputation on the internet, I have already been able to find customer complaints.

5) The company has been reported by the following financial regulator(s): AMF, French Financial Authority. It is a very unsafe company, be careful.

“To be honest with you, I would not invest in this type of company: it is not regulated. It does not mention which company it belongs to. I honestly cannot recommend a company of this type.”


💬 WHAT TO THINK OF A COMPANY LIKE Redstarchain?:

Redstarchain raises a number of red flags that potential investors should be aware of. Firstly, the false claim to be located in Ireland, coupled with the lack of transparency about the company that owns it and the regulation, raises serious questions about the legitimacy of the platform. This lack of information is especially concerning given that the platform is relatively new, dating back to December 2023.

Furthermore, the presence of complaints and bad comments from dissatisfied customers on the internet suggests possible problems with the services offered by Redstarchain. These negative experiences from previous users raise concerns about the integrity and reliability of the platform.

The complaint from regulator AMF, French Financial Authority, further highlights possible irregularities in Redstarchain's operations. This regulatory action suggests that the platform could be involved in unethical or even fraudulent business practices. Given this information, investors are advised to avoid Redstarchain and look for more reliable and transparent alternatives for their investment activities. It is essential to conduct thorough research and verify the legitimacy of any platform before making significant investments.


📣 LATEST UPDATES:

1) Update April 2024: la AMF, French Financial Authority, has denounced Redstarchain.


✔️ CLAIM MONEY FROM Redstarchain:

If you have been scammed, then I explain, in my opinion, one of the most effective methods to recover capital. If you do it on time and with a serious company, it is highly effective.

We work with a capital recovery service. here you can recover your capital.

In a few words, we use the chargeback method or capital withdrawal, with this method what we do is ask the bank or Visa, or Mastercard (depending on how we send the money), to return our capital, since we have been scammed. In order to recover it, we have to prove that we have indeed been scammed.

Claim your money now!

If you have been scammed, it is the option that I recommend, we work with a totally serious and safe capital recovery company.


🚨 REPORT Redstarchain:

If you have been scammed by this company and you want to report it, I think the best option is to contact the financial regulator of the country where you live. Report what happened to the regulator. Here are some examples of financial regulators by country:

🇦🇷 Argentina: the financial regulator is CNV, here you can get in touch

🇧🇷 Brazil: the financial regulator is CVM, here you can get in touch

🇨🇱 Chile: the financial regulator is CFM, here you can get in touch

🇨🇴 Colombia: the financial regulator is the Financial Superintendence, here you can get in touch

🇪🇨 Ecuador: the financial regulator is SUPERINTENDENCE OF BANKS, here you can get in touch

🇪🇸 Spain: the financial regulator is CNMV, here you can get in touch

🇺🇸 United States: the financial regulator is FINRA, here you can get in touch

🇮🇹 Italy: the financial regulator is CONSOB, here you can get in touch

🇲🇽 Mexico: the financial regulator is CNBV, here you can get in touch

🇵🇪 Peru: the financial regulator is SBS, here you can get in touch

If your country is not on the list, leave a comment and I will gladly help you!


❓ FAQS – FREQUENTLY ASKED QUESTIONS:

What is Redstarchain?

Redstarchain is an investment broker that specializes in a wide range of financial assets, including stocks, cryptocurrencies, options, ETFs and OTC, providing investors with access to a variety of investment opportunities in the financial markets.

Is Redstarchain a scam – is it a scam?

In my opinion it is, I think it's a scam. Taking into account different characteristics of this company, I must qualify it as a very bad and very unsafe one.

Is Redstarchain trustworthy?

Redstarchain is a company that I consider UNTRUSTABLE. It has characteristics that make it a very unsafe company: be very careful.

How to get money back from Redstarchain?

If you have lost your money or been scammed, I recommend you try the capital recovery service.

Which broker is reliable to invest?

If you want to know a safe and reliable company, I invite you to see the ranking of best brokers and you can also check the 3 best brokers of the month.


Eduardo Lopez

Editor and Copywriter

I am Eduardo López Martínez, I was born in Madrid, Spain and I am 48 years old. I am a journalist and I am part of the Brokersdeforexconfiables.com team. Do you want to know a little more about me? I invite you to read my biography.

See publications of Eduardo López

Review rating: 5/5 - (368 votes)

2 comments on «IS Redstarchain TRUSTED? OPINIONS»

  1. Bianca Reply

    This company is a scam. They don't care about everything, they just want to rob you and they don't give you your money back, don't do it, listen to me.

    • reliableforexbroker.com Reply

      Hello Bianca, Redstarchain is a SCAM, we are receiving many complaints from investors, they do not return the money, they should never invest in a broker without REGULATION.

      They create positive comments of their own to confuse investors and pose as a serious and legal company but everything is invented and if you mention our review they say that we are the competition and that is not true (we only do reviews of brokers).

      When you request a withdrawal of capital or benefits, if they make excuses and force you to pay commissions or another type of ransom, you will know that they are scamming you, do not fall into that trap, those commissions are not real, they try to take more money from you.

      If you want to recover the money you can do it from the CHAT on our website or by filling out the form at this link: Get your money back, we are with you

      Greetings.

Leave your comment

Your email address will not be published. Required fields are marked with *