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TradeStocks24
On July 25, 2024, the Federal Financial Supervisory Authority (BaFin) warned consumers about the services offered on the website stockstrade24.com for lacking the required authorization. https://www.bafin.de/SharedDocs/Veroeffentlichungen/EN/Verbrauchermitteilung/unerlaubte/2024/meldung_2024_07_25_TradeStocks24_en.html;jsessionid=36D6CAC9FD428EF0EB812FC3DDEE0848.internet012
On July 25, 2024, the Federal Financial Supervisory Authority (BaFin) warned consumers about the services offered on the website stockstrade24.com for lacking the required authorization. https://www.bafin.de/SharedDocs/Veroeffentlichungen/EN/Verbrauchermitteilung/unerlaubte/2024/meldung_2024_07_25_TradeStocks24_en.html;jsessionid=36D6CAC9FD428EF0EB812FC3DDEE0848.internet012According to its website, it claims to be regulated by the Federal Financial Supervisory Authority (BaFin), Financial Conduct Authority (FCA), and Commissione Nazionale per le Società e la Borsa (CONSOB). Upon investigation, no matching information was found in these regulators. In addition, we searched the European Securities and Markets Authority (ESMA) but did not find any relevant information.
In addition, the Federal Financial Supervisory Authority (BaFin) warned consumers about the services offered on the website stockstrade24.com for lacking the required authorization.
In essence, TradeStocks24 is not regulated by any governing body. Entrusting it with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds.
TradeStocks24 appears to be a scam.
According to its website, it claims to be regulated by the Federal Financial Supervisory Authority (BaFin), Financial Conduct Authority (FCA), and Commissione Nazionale per le Società e la Borsa (CONSOB). Upon investigation, no matching information was found in these regulators. In addition, we searched the European Securities and Markets Authority (ESMA) but did not find any relevant information.In addition, the Federal Financial Supervisory Authority (BaFin) warned consumers about the services offered on the website stockstrade24.com for lacking the required authorization.In essence, TradeStocks24 is not regulated by any governing body. Entrusting it with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds.TradeStocks24 appears to be a scam.
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Risk Warning:
FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.
Disclaimer:
The data contained in this website may not be real-time and accurate. The data and prices on this site are not necessarily provided by the market or exchange, but may be provided by market makers, so prices may be inaccurate and differ from actual market prices. Namely, this price is indicative price only to reflect market trend, and is unfavorable for trading purpose. The provider of the data contained in the Website shall not be liable for any loss incurred by you as a result of your trading activities or reliance on the information contained in the Website.