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STX Broker

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Operating status: SCAM

Website: https://stxbrokerz.com/

Broker violations and abnormal records
  • 2023-10-15 The UK FCA issued a Warning against STX Broker

    On 12 October 2023, the United Kingdom Financial Conduct Authority (UK FCA) issued a warning that STX Broker was providing financial services or products in the UK without authorisation. You may visit: https://www.fca.org.uk/news/warnings/stx-broker-https-stxbrokerzcom

    On 12 October 2023, the United Kingdom Financial Conduct Authority (UK FCA) issued a warning that STX Broker was providing financial services or products in the UK without authorisation. You may visit: https://www.fca.org.uk/news/warnings/stx-broker-https-stxbrokerzcom
  • 2023-10-15 BrokersView has Reviewed that STX Broker is an Unregulated Broker

    STX Broker claims to be a reliable company without presenting any information about its regulation or contact. The lack of such important information may be a distinct signal of an unlicensed broker, as regulated companies always present their accreditations and licenses in a prominent position. It is a red flag. 

    In addition, STX Broker is located in UK. However, the United Kingdom Financial Conduct Authority (UK FCA) issued a warning that STX Broker was providing finacial services or products without authorisation.

    The truth is that STX Broker is not regulated by any regulators. Letting it hold or control investors' money is unsafe, and the money can not be protected by any laws.

    Therefore, STX Broker is a scam.

    STX Broker claims to be a reliable company without presenting any information about its regulation or contact. The lack of such important information may be a distinct signal of an unlicensed broker, as regulated companies always present their accreditations and licenses in a prominent position. It is a red flag. In addition, STX Broker is located in UK. However, the United Kingdom Financial Conduct Authority (UK FCA) issued a warning that STX Broker was providing finacial services or products without authorisation.The truth is that STX Broker is not regulated by any regulators. Letting it hold or control investors' money is unsafe, and the money can not be protected by any laws.Therefore, STX Broker is a scam.

Related Complaints

Q&A

Hello, do you have any deposit info about STX Broker?

Younes Rezaie
Guadeloupe
2023-11-02
ANSWER While you can get such information on the website of STX Broker, we strongly suggest you stop having any further dealings with this unlicensed platform. There are two warning signs indicate that it is a scam.Its domain, stxbrokerz.com, was first registered in June 2022. However, STX Broker claims to have over 8 million users in total. It is highly unlikely, considering the website's age. This is a red flag.STX Broker purports to be operated by STX Brokerz (Pte) Ltd, a company supposedly in the UK. As per UK law, almost all individuals or businesses in this country are required to be authorized by the Financial Conduct Authroity (FCA). However, the FCA has issued a warning against STX Broker, identifying it as an unauthorized firm.Therefore, STX Broker is not a safe choice for investors. Entrusting this unregulated broker with funds and personal information is at great danger. Without regulatory oversight, individuals dealing with it are exposed to fraud and identity theft. If STX Broker goes out of business, its clients will not be able to recover their money. As such, to mitigate these substantial risks, it is advisable to choose fully regulated brokers instead.
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1 comments

Sudheer
Old account renew
2024-02-19
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