Shtern Group is a Forex and CFD broker, that offers several account types, including an Islamic one, with leverage as high as 400:1 and a web-based trading platform.
Is Shtern Group Regulated?
As per our investigation, Shtern Group is an unregulated and offshore broker that has not been a holder of a license from any financial regulatory entity. The Malta Financial Services Authority (MFSA) has issued a warning to investors against Shtern Group, stating that the broker is not authorized to provide service.
Is It Safe To Get Into Business Activities With Shtern Group?
Shtern Group claims to provide a good return to the traders on the minimum investment of USD 100. But unfortunately, there are a lot of negative reviews posted online which proves it to be nothing but a big scam. Hence, it must be strictly forbidden and no trading activity should be done through it.
How To Recover Your Scammed Money Shtern Group?
If you have been a victim of a Shtern Group scam, feel free to file a complaint against it us. We will help you to get all your lost money back.