While Stable Club's registration with the Marshall Islands Registry (IRI) remains active, it is important to note that Stable Club is still an unregulated forex broker. The IRI is a privately held maritime and corporate registry service provider that does not have the authority to issue licenses for or regulate forex trading activities. Mere registration with the IRI does not equate to authorization to provide financial services or products.

In addition, the fact that the Stable Club website has become inaccessible further exacerbates suspicions about it being a fraudulent platform. Legitimate brokers always maintain their websites to display essential information and facilitate trading. This inability to access its website indicates the possibility that it has absconded with customers' funds.

All these negative signs suggest that Stable Club poses a risk. Investors must steer clear of it to avoid falling victim to fraud and identity theft.