ANSWER Stallion Capital is not a licensed or regulated broker even though it states offers that look good to be true. Stallion Capital claims it is registered in the New Zealand Financial Markets Authority (NZ FMA) with NZBN: 9429045999079. Without searching the alleged regulation in FMA, we can tell from the given number that this broker is making a false statement of its regulation. Because the correct formate of an FMA license No. starts with letters (e.g. FSP1762). Searching in FMA, we only found that FMA issued a warning that Stallion Capital is falsely using the registration info of an FMA-licensed company. You can check the full warning from here.The truth is, Stallion Capital is not overseen by any regulators. That means your personal data or your funds in this broker are unsafe and cannot be protected by any law. We would recommend traders stay away from unregulated brokers like Stallion Capital and trade with licensed brokers.
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