BrokersView
Search
Download
English
Sign In

StakeFx

Save

Operating status: SCAM

Website: https://stakefx.com/

Broker violations and abnormal records
  • 2022-11-28 The Germany BaFin Added StakeFx into Its Warnings

    On 29 Nov 2022, the Germany Federal Financial Supervisory Authority (BaFin) issued a warning that StakeFx  did not have authorisation under the KWG to conduct banking business or provide financial services. You may visit: https://www.bafin.de/SharedDocs/Veroeffentlichungen/EN/Verbrauchermitteilung/unerlaubte/2022/meldung_221128_Stak_FX_en.html;jsessionid=E4D6999132EF41484CADBA1ABB8AC0B5.1_cid502

    On 29 Nov 2022, the Germany Federal Financial Supervisory Authority (BaFin) issued a warning that StakeFx did not have authorisation under the KWG to conduct banking business or provide financial services. You may visit: https://www.bafin.de/SharedDocs/Veroeffentlichungen/EN/Verbrauchermitteilung/unerlaubte/2022/meldung_221128_Stak_FX_en.html;jsessionid=E4D6999132EF41484CADBA1ABB8AC0B5.1_cid502
  • 2022-11-30 BrokersView has Reviewed that StakeFx is an Unregulated Forex Broker

    StakeFx claims to be a reliable broker regulated by the Mauritius Financial Services Commission (Mauritius FSC). However, we did not find any results that matched this broker. That means the broker is not authorized by Mauritius FSC to provide financial services. 

    Moreover, the Germany Federal Financial Supervisory Authority (BaFin) issued a warning that StakeFx  did not have authorisation under the KWG to conduct banking business or provide financial services.

    The truth is that StakeFx is not regulated by any regulators. Letting this broker hold or control investors' money is unsafe, and the money can not be protected by any laws. Therefore, it is a scam.

    StakeFx claims to be a reliable broker regulated by the Mauritius Financial Services Commission (Mauritius FSC). However, we did not find any results that matched this broker. That means the broker is not authorized by Mauritius FSC to provide financial services. Moreover, the Germany Federal Financial Supervisory Authority (BaFin) issued a warning that StakeFx did not have authorisation under the KWG to conduct banking business or provide financial services.The truth is that StakeFx is not regulated by any regulators. Letting this broker hold or control investors' money is unsafe, and the money can not be protected by any laws. Therefore, it is a scam.

Related Complaints

Q&A

Why can't I open StakeFx? Which regions do they accept clients from?

Bernhard Krebs
Great Falls
2022-12-16
ANSWER StakeFx is not a licensed or regulated broker even though it states offers that look good to be true.StakeFx claims to be a reliable broker regulated by the Mauritius Financial Services Commission (Mauritius FSC). However, we did not find any results that matched this broker in Mauritius FSC.Moreover, the Germany Federal Financial Supervisory Authority (BaFin) issued a warning that StakeFx did not have authorisation under the KWG to conduct banking business or provide financial services. You can check the full warning from here.The truth is, StakeFx 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 StakeFx and trade with licensed brokers.
See more

Is StakeFx regulated in Britain?

Thuanthong
Chile
2023-02-14
ANSWER StakeFx is not a regulated or licensed broker for traders even though it states offers that look good to be true.StakeFx claims to be a reliable broker regulated by the Mauritius Financial Services Commission (Mauritius FSC). However, we did not find any results that matched this broker. Moreover, the Germany Federal Financial Supervisory Authority (BaFin) issued a warning that StakeFx did not have authorisation under the KWG to conduct banking business or provide financial services. You can check the full warning from here.The truth is, StakeFx 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 StakeFx and trade with licensed brokers.
See more

comments

Be the first to review.
Rate and Review

Your review

App Store

Google Play

Company Shop Application About Us Our Methodology Privacy Policy Contact Us

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.