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Ester

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Operating status: SCAM

Website: https://www.esterholdings.com/

Broker violations and abnormal records
  • 2022-05-31 BrokersView has reviewed that Ester is an Unregulated Forex Broker

    Ester claims to be a strictly regulated broker with the regulation by multiple authorities, including:

    1) the Vanuatu Financial Services Commission (VFSC) with license number: 40158;

    2) the British Virgin Islands Financial Services Commission (BVI FSC) under registered number 1849446;

    3) the Estonia Financial Supervision Authority (EFSA) under the number: 14139084.

    However, we did not find any match results to the company name or license numbers in the above watchdogs' registries. The truth is that Ester is not overseen by any regulators. Investors' funds in this broker are unsafe and cannot be protected by any law. Therefore, it is a scam.

    Ester claims to be a strictly regulated broker with the regulation by multiple authorities, including:1) the Vanuatu Financial Services Commission (VFSC) with license number: 40158;2) the British Virgin Islands Financial Services Commission (BVI FSC) under registered number 1849446;3) the Estonia Financial Supervision Authority (EFSA) under the number: 14139084.However, we did not find any match results to the company name or license numbers in the above watchdogs' registries. The truth is that Ester is not overseen by any regulators. Investors' funds in this broker are unsafe and cannot be protected by any law. Therefore, it is a scam.

Related Complaints

Q&A

Will Ester charge transaction fees if im not a local customer?

Riley
Panama
2022-09-29
ANSWER Ester is not a licensed or regulated broker even though it states offers that look good to be true. Ester claims to be a strictly regulated broker with the regulation by multiple authorities, including:1) the Vanuatu Financial Services Commission (VFSC) with license number: 40158;2) the British Virgin Islands Financial Services Commission (BVI FSC) under registered number 1849446;3) the Estonia Financial Supervision Authority (EFSA) under the number: 14139084.However, we did not find any match results to the company name or license numbers in the above watchdogs' registries. The truth is, Ester is not overseen by any regulators. That means your personal data or your funds in this broker are unsafe and cannot be protected by any law. We would recommend traders stay away from unregulated brokers like Ester and trade with licensed brokers.
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