Starlight Capital Review

Read our Starlight Capital review to see if we recommend this broker for trading. Just to clear doubts, this is a starlightcapital.io review.

Who are they?

After taking a look at their website, it shows that they do not fall under any regulating agency. That is a MAJOR RED FLAG!! That should be enough for you NOT to invest with them. And they also work with websites that offer “Automated trading software” which is another red flag, as this kind of websites are notoriously famous for scamming schemes.

So Starlight Capital is just another unregulated forex broker, which means the customers are not protected, and there is highly likely they will get away with your hard earned money and there will be no regulating agency to hold them responsible.

How does it work?

Usually unregulated forex brokers work in the following way. They will call people to persuade them to make the initial minimum deposit, while trying any conceivable method in order to make that happen. They will offer deals that sound too good to be true, like we will double your initial deposit or you will make $100 per day easily. Please don’t fall for anything they say!!! It is a SCAM! After making the initial deposit, people get transferred to a smarter scammer, called a “retention agent”, who will try to get more money out of you.

Withdrawing funds

You should submit a withdrawal request ASAP, because your funds are never safe with an unregulated broker. And here is when things get tricky.

If you want to withdraw your money and it does not matter if you have profits or not, they will delay the withdrawing process for months. If they delay it for six months, you won’t be able to file a chargeback anymore and your money is gone for good. It does not matter how often you remind them or insist in withdrawing your money, you will NOT get them back. And if you signed the Managed Account Agreement or MAA, which is basically authorizing them to do anything they want on your account, they will lose all your funds so there won’t be anything to request anymore.

How to get your money back?

If you already deposited your money with them and they refuse to give your money back, which is very likely to happen, don’t worry, it might be a way or two to get your money back.
First of all you need to keep the emails as a proof that you have been requesting the money back from them but they don’t give it to you, or they delay the process for too long, with the intention of not refunding your money.

The first thing you should do is perform a chargeback! And you should do this right away! Contact your bank or credit card provider and explain how you were deceived into depositing for a trading company that is not regulated and they refuse to give your money back. This is the simplest way of getting your money back and is also the way that hurts them the most. Because if there are many chargebacks performed, it will destroy their relation with the payment service providers. If you haven’t done this before or you are not sure where to start or how to present your case to your bank or credit card company, we can assist you in preparing your chargeback case. Just contact us at [email protected] but do not let your broker know they you read this article or that you are in contact with us.

What about wires?

If you sent them a wire, there is no way to perform a chargeback on a wire. For this step you need to raise the fight to a different level. Tell them that you will go to the authorities and file a complaint against them. That will get them to rethink the refund possibility. Another thing you can do is prepare a letter or email for the regulating agencies. Depending on the country where you live, you can search on google to find the regulating agency for Forex brokers in that country. After that you can prepare a letter or an email describing how you got deceived from them. Make sure you show this letter or email to them, and tell them you will send it to the regulating agency if they don’t refund your money. If you do not know where to start, reach for us at [email protected] and we will help you with this step as well.

Make sure you leave reviews about Starlight Capital in other sites

Another way to hurt them and save other people from falling victims is to leave bad reviews on other sites, and describe shortly what happened. If you fallen victim please leave a review and a comment on this site at the comment section. Also, when these people change their website they tend to call the old clients, so if they call you from a new website please write it down on the comment or let us know it by contacting us. That would be really appreciated by us and families all over world. Also if you get phone calls from other companies please put the name of these companies also in the comment or send it to us. We will expose them too.

Starlight Capital Review Conclusions

Making the Starlight Capital review is actually a pleasure for us, and we hope to save as many people as possible from losing their hard earned money. A good rule of thumb is to carefully review all the Forex companies and any other company for that matter, before you perform any transaction. We hope that our Starlight Capital review has been helpful to you. If you have any questions or you need an advice about the withdrawing process, feel free to contact us at [email protected].
If you like to trade please do it with a trustworthy, regulated broker, by choosing one of the brokers listed below.

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2 COMMENTS

  1. Are there any concerns with the Website for Starlight Capital is very similar to the Sky Gold Market website which you have reviewd as a scam site.

  2. Is Starlight Capital The Real Deal or Just Another Scam?

    Pathetic… I asked a couple of questions as I have a reasonable amount of experience trading in both Australian stocks and FX. They didn’t answer a single one of my questions and I felt that they simply didn’t know the answers. Rather they were only fixated on selling me.

    They took my respectful but savvy questions as someone reading too much into it and even went so far as to call me a time waster and wanted to know why I bothered filling in their online form.

    I explained that their offer was attractive, so I filled it in online to see if it was true. I wanted to find out some details hence my questions about their brokerage, whether can I use my own account that I already have with the bank, and what criteria they use to choose their stocks. I think they are fair questions…

    I couldn’t get a single straight answer.

    I asked them to please take me off their database but still today I receive around 2 to 5 calls every single day (Monday to Friday) from these people who clearly have no intension of taking me off their database.

    If their opportunity was so good, they would not have to call me so much.

    ARE THEIR REVIEWS FALSE?:
    As I research starlight capital online, I find that many others have had the same experience as I am going through right now. There are some really bad reviews about starlight capital.

    I believe their 5 star reviews are false and here’s why… It’s IMPOSSIBLE to track a single one of the testimonials in order to verify them. Any good testimonial with a photo and first name typically is accompanied with a second name making it authentic. I can’t say for sure that the testimonials are false but when trying to research them I could not verify a single one where I have been able to with other companies.

    When I look at reviews I also like to click on the 1 star reviews and see what they had to say. Many times it’s quite obvious that the person is only trying to lie and make false accusations but reading that others are experiencing the same as I am tells me the negative reviews are 100% true.

    With some review websites it’s impossible to write a bad review because they require proof of purchase so anyone writing about their bad and harassing phone experience will not be able to leave their review hence some review sites only have a good rating for starlight capital. Are these sites and people write these good reviews owners of starlight capital or people who work there? I can’t say but I would gamble more money that they are then to invest with starlight capital that’s for sure.

    Save your money and invest elsewhere is my advice.

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