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StandartMarkets doesn't allow me to withdrawl. Scam?
Valentina Pearson
Qatar
2023-12-04
ANSWER Your difficulty withdrawing from StandartMarkets may be due to its potentially fraudulent nature. It is an unlicensed trading platform that has been flagged by a financial regulatory body for conducting unlicensed investment activities, which suggests it could be a scam.On one hand, StandartMarkets lacks regulatory information and falsely claims to have been a fully regulated platform since 2007. However, its domain "standartmarkets.com" was actually created in April 2023. On the other hand, its unlicensed trading activities have caught the attention of the Spanish financial watchdog, the Comisión Nacional del Mercado de Valores (CNMV), which has added StandartMarkets to its warning list.Therefore, we strongly advise you to discontinue your engagement with StandartMarkets and report it to your local authorities. Please be vigilant and do not fall victim to its deceptive tactics.
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