The First Interstellar Capital Limited

The First Interstellar Capital Limited is a Cyprus-registered company that appears to operate under the trading name 'Interstellar FX'. According to our records, the firm is said to be authorized by the Cyprus Securities and Exchange Commission (CySEC) under a CIF licence with 'Authorised' status. However, due to a low web confidence, we could not independently verify this regulatory claim through public registers.

The broker's official website (interstellar-fx.com) presents a retail forex and CFD brokerage offering leveraged trading on a range of instruments. The company's registration in Cyprus suggests it is subject to EU financial regulations, though the advertised leverage of up to 1:1000 would exceed the ESMA-mandated retail limits, raising questions about the scope of any regulatory oversight.

Our known facts list CySEC as the regulator, but the web search did not return a matching entry on the Bank of Lithuania's register (which includes many Cyprus-based brokers) for 'The First Interstellar Capital Limited'. The absence of a clear public record introduces ambiguity. Traders should exercise caution and verify the licence directly with CySEC if considering this broker.

FXCanary's internal risk assessment assigns a Scam Risk Score of 34/100, classified as 'Guarded'. This score reflects the lack of independent user reviews and the difficulty in confirming regulatory standing through public sources.

Based on the broker's website, it offers over 100 trading instruments including forex pairs, precious metals, and CFDs. The trading platform is MetaTrader 4, a widely used industry standard. The broker also markets a mobile trading app for convenience.

Leverage is advertised up to 1:1000, which is atypical for a CySEC-regulated entity under ESMA rules (max 1:30 for major forex). This may indicate that the broker operates offshore entities or has different leverage for non-EU clients. Spreads are claimed to start from 0.0 pips, though no raw spreads per account type are provided on the site.

No specific account tiers are detailed on the website. The minimum deposit is not explicitly stated on the homepage, but aggregated industry data suggests a $50 minimum. Payment methods mentioned include credit/debit cards and bank transfer, but user reports indicate that only bank transfer is available in practice.

The broker charges withdrawal fees, which is a common practice among smaller brokers. The absence of e-wallet options and limited payment transparency are points of concern.

The trading conditions and high leverage suggest an appeal to speculative retail traders, particularly those seeking high-risk opportunities. The multilingual dashboard (Chinese, Vietnamese, Russian, Thai) points to a focus on Asian markets, where offshore leverage limits are higher.

The broker does not appear to target institutional clients or professional traders, as its offering centers on MT4 and high leverage rather than advanced execution or low-latency infrastructure.

Independent reviews from industry databases give mixed ratings, with one source scoring it 3.0/5 and another noting concerns about regulatory discrepancies and withdrawal fees. These reviews also highlight that the broker's claimed leverage for CySEC-regulated clients may exceed legal limits, suggesting possible reliance on an unregulated offshore entity.

As of this writing, there are no user reviews on FXCanary, which limits the ability to gauge trader sentiment. The absence of verified feedback is a notable gap.