Red Flags
18
Highstone Capital Pty Ltd
Highstone Capital Pty Ltd, an unregulated trading platform founded in Australia in 2023, offers services in various financial instruments but faces scrutiny due to its lack of regulation and ongoing legal challenges.
Quick summary on Highstone Capital Pty Ltd
Highstone Capital Pty Ltd, founded in Australia in 2023, is an unregulated trading platform offering services in forex, precious metals, energy commodities, stock indexes, and virtual currencies. The company provides leverage up to 1:100 and EUR/USD spreads starting from 0.7 pips via web and mobile trading platforms.
Regulatory Status: Highstone Capital Pty Ltd lacks effective regulation, and information on its official website has been accused of being untrue and involving false advertising.
Legal Proceedings: The Australian Securities and Investments Commission (ASIC) has received an application to deregister the company under section 601AA. ASIC may proceed with deregistration two months after the publication of this notice.
Conclusion: Given its unregulated status and the ongoing legal proceedings, potential investors should exercise caution when considering engagement with Highstone Capital Pty Ltd.
by: Jaxson Perry
They lure you in with slick marketing, but once your funds are in, it’s game over. Classic bait-and-switch.
by: Kaelyn Lopez
This is not a real brokerage. It’s unregulated, and now it’s getting deregistered Stay far away.
by: Camilo Bennett
They advertise tight spreads and fast execution, but it’s all a lie. Slippage is massive and trades are manipulated.
by: Brinleigh Torres
Total scam! Deposited money, made a small profit, and now I can’t withdraw a cent. Support stopped replying completely.
by: Sabrina Neal
Stay far away. They lure you in with promises of low spreads but jack them up during trades. Lost $3k in one day.
by: Hugo Keller
I made a withdrawal request a month ago—still nothing. Every time I ask, they just give me the runaround.
by: Anya Grant
This platform's a total scam. They’re unregulated and dodge responsibility when things go wrong.
by: Claire Rivera
ASIC is looking into deregistering them, which means their future is up in the air.
by: Lucas Bailey
The company’s website has been accused of exaggerating its claims, so it’s hard to trust what’s being advertised.
by: Hailey Morgan
With ongoing legal issues and no regulatory oversight, it’s advised that investors proceed with caution when dealing with this platform.
by: Brayden Cook
Highstone Capital isn’t regulated, which means there’s no legal protection if things go south. That’s a huge red flag for anyone thinking about investing.
by: Maelis Aether
Highstone Capital Pty Ltd is a nightmare. Once they have your money, communication vanishes, and withdrawals become impossible. Full of excuses and delays, they trap investors in a cycle of frustration. Stay far away!!!!!!
by: Evren Castor
Hidden fees, vague contracts, and a disappearing customer service team—classic
by: Sylveris Kael
Investing with them feels like playing poker… but the house always wins.
Pros
Cons
by: Astrae Noctis
They talk a big game about ‘secure investments’ but won’t even provide clear documentation on where the money is going. Feels shady.
Pros
Cons