Reported as a scam / unregulated
Why StarFing is on the register
StarFing marks itself as a financial services provider based in India, as well as a traing platform that teaches knowledge about trading. It purports to be registered in “Bombay Stock Exchange (BSE), National Stock Exchange (NSE) and the two leading Commodity Exchanges in the county MCX & NCDEX.” However, they are all financial market institutions in India, not financial regulators. Even if the registration were true, it could not support StarFing’s legitimacy in this industry within this jurisdiction. A Forex broker in India needs to acquire a license from the Securities and Exchange Board of India (SEBI). However, our search for the company Star Fing Private Limited didn’t yield any results. This means it is not financially registered in India. In essence, StarFing is not regulated by any governing body. Entrusting this broker with investors’ funds is highly risky, as there are no legal protections in place to safeguard the funds. StarFing is unequivocally a scam.
If you have money with this broker
- Stop sending funds. Do not pay any further “fees”, “taxes” or “verification” charges to release a withdrawal — this is a common secondary scam.
- Preserve evidence. Save transaction IDs, wallet addresses, chat logs, and every screenshot before the account is closed.
- Report it. Notify your bank/exchange and your national financial regulator so the activity is on record.
- Get guidance. Tell us what happened and we will point you toward the right next step. We are a free public registry — we never charge any fees.
SentFunds is an information and referral service. Listing reflects reported concerns and public findings; it is not a legal determination.