ASICAustraliaTier 1Licence number
269820
View licence record- Licence holder
- Held by Weastar
- Licence type and regime
- Investment Advisory License
Not checkedUpdated
At a glance
Regulation on record for Weastar
Counts of what is on record, not a rating. Each figure describes the register entries Wikilix holds and the checks it has run against them.
- Licences on record
- 2
- Issuing authorities
- 2
- From tier-1 or tier-2 authorities
- 1
- Found on an official register
- 0
Weastar has 2 licences on record with Wikilix, issued by 2 authorities across 2 jurisdictions. One of them was issued by a tier-1 or tier-2 authority — the regimes with the strictest capital, reporting and client-money rules. None has yet been located on an issuing authority’s own register, so every entry here should be read as claimed rather than confirmed.
One licence comes from an authority classed as offshore. An offshore regime can be a legitimate registration, but it typically carries lower capital requirements and no compensation scheme.
Issuing authorities
Licence record
Licences on record
Every licence on record for Weastar, strongest authority first.
2 records
- ASICAustraliaTier 1
VFSCVanuatuTier 4Licence number
700238
View licence record- Licence holder
- Held by Weastar
- Licence type and regime
- Retail Forex License
- Offshore
Not checkedUpdated
Protection
What this licence protects
ASIC's own rules for the firms it authorises.
- No compensation schemeNo mandatory insurance (but strict fund segregation)
- Negative balance protection
- Complaints routeAFCA
- Maximum leverage1:28
Frequently Asked Questions
Questions about the licences held by Weastar
Answered from the register entries on this page.
Most Popular Questions
Weastar offers customer support via live chat during business hours and email at info@weastartop.com. Support is available in English, and the company is based in London, England.
Weastar supports bank transfers for deposits and withdrawals, which are widely available globally. Account verification is required, and withdrawals typically follow the same method as deposits to comply with anti-money laundering regulations.
Weastar Global Markets Ltd offers leverage up to 500:1. This leverage range allows traders to control larger positions relative to their deposit, but users should be aware of the risks involved with high leverage.
the minimum deposit amount to open an account with Weastar Global Markets Ltd is 500 USD. This deposit requirement applies to their standard trading accounts.
Weastar Global Markets Ltd is regulated by the Vanuatu Financial Services Commission (VFSC) and the Australia Securities & Investment Commission (ASIC). ASIC is a tier 1 regulator with high transparency and strict fund segregation, while VFSC is an offshore regulator with lower transparency.
Weastar has 2 licence records with Wikilix, issued by 2 authorities across 2 jurisdictions. A licence on record means an authority published an entry; it is not an endorsement, and Wikilix does not issue authorisations.
Weastar holds licence records issued by ASIC, VFSC. Each authority’s own record — its tier, jurisdiction and client-protection rules — is linked from this page.
One of the licence records held by Weastar comes from tier-1 or tier-2 authorities (1 tier-1, 0 tier-2). Those regimes set the strictest capital, reporting and client-money requirements.
Not yet. None of the 2 licence records held by Weastar has been located on an issuing authority’s register, so each should be read as claimed rather than confirmed. Every record links to the official register so you can check it yourself.
Weastar has licence records in Australia, Vanuatu. A licence applies in the jurisdiction that issued it; it does not by itself cover clients elsewhere.