STX Broker claims to be a reliable company without presenting any information about its regulation or contact. The lack of such important information may be a distinct signal of an unlicensed broker, as regulated companies always present their accreditations and licenses in a prominent position. It is a red flag.
In addition, STX Broker is located in UK. However, the United Kingdom Financial Conduct Authority (UK FCA) issued a warning that STX Broker was providing finacial services or products without authorisation.
The truth is that STX Broker is not regulated by any regulators. Letting it hold or control investors' money is unsafe, and the money can not be protected by any laws.
Therefore, STX Broker is a scam.
STX Broker claims to be a reliable company without presenting any information about its regulation or contact. The lack of such important information may be a distinct signal of an unlicensed broker, as regulated companies always present their accreditations and licenses in a prominent position. It is a red flag. In addition, STX Broker is located in UK. However, the United Kingdom Financial Conduct Authority (UK FCA) issued a warning that STX Broker was providing finacial services or products without authorisation.The truth is that STX Broker is not regulated by any regulators. Letting it hold or control investors' money is unsafe, and the money can not be protected by any laws.Therefore, STX Broker is a scam.