Global Broker Regulation Inquiry App
WikiFX

Score

0 1 2 3 4 5 6 7 8 9
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0 1 2 3 4 5 6 7 8 9
0 1 2 3 4 5 6 7 8 9
/10

Star Store

Japan | 5-10 years |
Suspicious Regulatory License | Suspicious Scope of Business | High potential risk

http://www.starstore.co.jp/

Website

Rating Index

Influence

Influence

D

Influence index NO.1

Japan 2.69
Surpassed 15.70% brokers
Biz Area Search Statistics Advertising Social Media Index

Contact

http://www.starstore.co.jp/

Licenses

No valid regulatory information, please be aware of the risk!

Warning: Low score, please stay away!
2025-10-29
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
2

Basic Information

Registered Region
Japan
Operating Period
5-10 years
Company Name
Star Store Co.,Ltd.
Biz Area
Wiki Q&A
Comment

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Wiki Q&A

Tomas
1-2 years

How much do you need to deposit at a minimum to start a live trading account with Star Store?

WikiFX Reply
Based on my due diligence and experience, I'm particularly cautious when evaluating brokers like Star Store, especially given its regulatory background. According to the available data, Star Store's profile does not provide clear or reliable information about minimum deposit requirements. In my own search for transparency, I always expect a broker to state such fundamental details upfront. However, with Star Store, the absence of valid regulatory oversight and the lack of verified licensing information raise several red flags for me. Even if a specific minimum deposit figure were presented elsewhere, it wouldn't outweigh the risks associated with this level of opacity. From my perspective, a broker's unwillingness or inability to display basic account setup details—such as the minimum deposit—suggests serious underlying issues with credibility and client protection. For me, this is a significant deterrent, and I am wary of proceeding with a live account or committing any funds at all. Instead, I recommend extreme caution: if clear deposit requirements and proper regulation are not in place or easily verifiable, I believe the best course is to avoid engaging financially with the broker altogether.
Broker Issues
Star Store
Deposit
Withdrawal
08-28
United States
J Forex Trader
1-2 years

Considering various reviews and your assessment, what is your opinion on the legitimacy of Star Store?

WikiFX Reply
Having spent years navigating the forex landscape, I have learned to approach brokers like Star Store with heightened caution, especially when key warning signs are present. Upon reviewing their current status, I noted that Star Store has been operating for 5-10 years and is registered in Japan. However, the absence of any credible regulatory oversight—as clearly noted by the lack of valid regulatory information and a score of 0.00 for their Regulatory Index—raises immediate red flags for me as a trader concerned about security and transparency. Furthermore, the platform is flagged for having a suspicious regulatory license, a suspicious business scope, and an overall high potential for risk. In my experience, such indicators suggest that the broker is not subject to the types of checks and balances expected in legitimate, regulated firms. This lack of supervision often increases the vulnerability of client funds and limits any recourse in the event of disputes or irregularities. The total risk management score is also at zero, indicating a fundamental weakness in safeguarding client interests. While Star Store’s business longevity might seem reassuring at a glance, the overwhelming lack of oversight and security features outweigh any possible benefits for me. Given these issues, I would personally avoid entrusting my capital to Star Store, opting instead for brokers with strong regulatory standing and transparent practices. Caution, in my view, is warranted whenever a broker cannot demonstrate robust, verifiable regulation.
Broker Issues
Star Store
Regulation
08-23
United States
Solotim
1-2 years

Is it possible to add funds to my Star Store account with cryptocurrencies such as Bitcoin or USDT?

WikiFX Reply
Based on my own review and experience navigating broker profiles such as Star Store, I would exercise considerable caution before proceeding with any deposits, including cryptocurrencies like Bitcoin or USDT. From what I can determine, Star Store does not provide valid regulatory information and is flagged for having a suspicious regulatory license and scope of business. This lack of oversight raises concerns about client fund protection and the overall transparency of their operations. Personally, when I’m evaluating whether to fund an account—especially with irreversible methods like crypto—I place a premium on a broker’s regulatory status. Without credible regulation, it becomes extremely difficult to resolve disputes, recover funds, or verify that withdrawals will be honored. The fact that Star Store scores extremely low on risk management indices makes me even more reluctant. Although there’s no explicit mention of which deposit methods Star Store supports, I must stress that regardless of the technology, sending funds—fiat or crypto—to an unregulated entity exposes me to high, and often unacceptable, risk. If crypto funding is indeed possible, the irreversibility and pseudo-anonymous nature of these transactions could make any potential issues even more difficult to resolve. For my capital preservation and peace of mind, I would not add funds to Star Store under current circumstances.
Broker Issues
Star Store
Withdrawal
Deposit
08-15
United States
Rpy Sundram
1-2 years

Is automated trading with Expert Advisors (EAs) available on the Star Store platforms?

WikiFX Reply
Based on my experience as a forex trader—and after closely examining available broker information—I’m hesitant to recommend Star Store for any automated trading, including the use of Expert Advisors (EAs). The most immediate concern for me is the broker’s regulatory status. According to my research, Star Store does not hold any valid regulatory license, and WikiFX explicitly flags a high potential risk with a notably low trust score. In my professional opinion, regulatory oversight is not just a formality; it’s crucial for protecting traders’ funds, ensuring transparent operations, and offering a channel of recourse should disputes arise. When it comes to automated trading, stable and trustworthy broker infrastructure is especially important because EAs typically execute high-frequency trades and are sensitive to issues like slippage, downtime, and price manipulation. While some brokers clearly state whether platforms like MT4—which natively supports EAs—are offered, I found no verifiable evidence that Star Store can reliably or securely support EAs at all. For me, the lack of regulatory supervision and transparency means I cannot safely trust that automated strategies would execute as intended, or that profits and capital would be secure. My conservative approach compels me to recommend seeking better-regulated brokers, particularly for automated trading where robust technical and financial safeguards are indispensable. Ultimately, while Star Store claims an operational history and a regional base in Japan, without credible oversight or detailed platform information, I would not risk my capital or my automated trading strategies here.
Broker Issues
Star Store
Account
Platform
Leverage
Instruments
08-15
United States
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※ WikiFX compiles data from publicly available sources and user contributions. While we endeavor to maintain its accuracy, we do not warrant the information's completeness, accuracy, or timeliness, as it may become outdated. Investors are strongly advised to verify critical details with official sources before making any decisions.
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