Reported as a scam / unregulated
Why 5 STar Trading Platform is on the register
5 STar Trading Platform claims it is established in 2017 first as a cloud mining provider and was listed as one of the best sites to double bitcoins in 2018. However, checking its domain, we found it was created in 2020. So how could it start its business in 2017? It is a red flag here. Besides, 5 STar Trading Platform claims it is located in the United State and is a fully certified and licensed company under the name Bitcoin Explore Limited with Company number 4154237. However, we did not find any match results to 5 STar Trading Platform in NFA. That means 5 STar Trading Platform is not regulated by any regulators. Investors’ money in this broker is unsafe and cannot be protected by any law. Therefore, it is 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.