ANSWER Stam Capital Invest is not a regulated or licensed broker for traders even though it states offers that look good to be true.Stam Capital Invest claims to be owned and operated by the Shenanigans Consulting LTD, a company registered with the St. Vincent and the Grenadines Financial Services Authority (SVG FSA) under registration Number: 26499 BC/21. We indeed found a match result to Shenanigans Consulting LTD in SVG FSA. But please be informed that SVG FSA is not a financial regulator that issues licenses for forex trading or regulates entities engaging in forex trading.More importantly, the Romania Financial Supervisory Authority (ASF) issued a warning against both Shenanigans Consulting LTD and Stam Capital Invest for being not authorized by the Financial Supervision Authority to provide investment services and activities according to the provisions of Law no. 126/2018 regarding financial instruments. You can check the full warning from here.The truth is, Stam Capital Invest 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 Stam Capital Invest and trade with licensed brokers.
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