About KERRY SITAR
Background and Registration
KERRY SITAR is an entity registered in Belize with a recorded founding date of 5 July 2019. The official domain associated with this broker is ketargroup.com. However, no further official information about the company’s operations, management, or business model could be independently verified.
Belize is a jurisdiction known for accommodating offshore financial services, but it does not impose stringent regulatory requirements on forex brokers. As a result, entities registered there often operate without substantive oversight from a financial regulator.
Regulatory Status
Our records indicate that KERRY SITAR holds no regulatory licenses from any recognized financial authority. This absence of regulation means that the broker is not subject to oversight by bodies such as the Financial Conduct Authority (FCA), the Cyprus Securities and Exchange Commission (CySEC), or the Australian Securities and Investments Commission (ASIC).
For traders, the lack of regulation is a significant red flag. It implies that there is no external assurance of fair treatment, segregation of client funds, or recourse in case of disputes. The FXCanary Scam Risk Score of 54/100 (Elevated) reflects these concerns.
Transparency and Public Information
Given the limited public information available, it is difficult to assess the broker’s offerings, trading conditions, or client base. The domain ketargroup.com does not appear to provide detailed information about account types, trading platforms, financial instruments, or funding methods to the public.
This lack of transparency is common among unregulated or newly established brokers. Traders are advised to exercise extreme caution when considering any engagement with KERRY SITAR, as the risks associated with dealing with an unregulated entity are substantial.
Who Is It For?
In its current state, KERRY SITAR does not appear suitable for any category of trader. The absence of regulation and verifiable information means that both novice and experienced traders face undue risk. Only traders willing to accept a high level of uncertainty and potential loss should consider this broker, and even then, only after exhaustive due diligence.
Given the elevated scam risk score, we strongly recommend that traders avoid depositing funds with this entity until its regulatory status and operational integrity are clearly established.
Overview compiled by FXCanary from regulatory records and public data. full KERRY SITAR review