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Stoctex

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Operating status: SCAM

Website: https://stoctexsignals.com/index.html

Broker violations and abnormal records
  • 2023-10-26 The UK FCA issued a Warning against Stoctex

    On 25 October 2023, the United Kingdom Financial Conduct Authority (UK FCA) issued a warning that Stoctex was providing financial services or products in the UK without authorisation. You may visit: https://www.fca.org.uk/news/warnings/stoctex

    On 25 October 2023, the United Kingdom Financial Conduct Authority (UK FCA) issued a warning that Stoctex was providing financial services or products in the UK without authorisation. You may visit: https://www.fca.org.uk/news/warnings/stoctex
  • 2023-10-26 BrokersView has Reviewed that ​Stoctex is an Unregulated Broker

    According to its website, Stoctex is located in the United Kingdom, upon investigation, we found that the United Kingdom Financial Conduct Authority (UK FCA) issued a warning that Stoctex was providing finacial services or products without authorisation.

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

    Therefore, Stoctex is a scam.

    According to its website, Stoctex is located in the United Kingdom, upon investigation, we found that the United Kingdom Financial Conduct Authority (UK FCA) issued a warning that Stoctex was providing finacial services or products without authorisation.The truth is that Stoctex is not regulated by any regulator. Letting it hold or control investors' money is unsafe and the money can not be protected by any laws.Therefore, Stoctex is a scam.

Related Complaints

Q&A

Stoctex offers pretty good conditions to trade. But too good to believe. Stoctex is a scammer?

Catherine Haggerty
Romania
2023-11-09
ANSWER Stoctex is an unregulated trading platform with trading conditions being too good to be true. Therefore, it is imperative to stay vigilant and steer clear of it.Although it provides an address in the UK to appear legitimate, it remains an unlicensed platform. According to the warning from the Financial Conduct Authority (FCA), Stoctex fails to seek the required authorization to operate in this country and thus its offerings are illegal within this jurisdiction.Stoctex's lack of necessary license strongly suggests that it is not a reliable investment platform. By trading with this unlicensed website, investors are exposed to fraud and identity theft. To minimize the risk of such disasters, it is advised to choose fully regulated brokers.
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