
STUMAC claims it is a reliable broker while presenting neither details about its regulation nor legal documents (terms & conditions, risk disclosure, and privacy policy, etc.). Lacking the above information may be a distinctive characteristic of unlicensed brokers. It is a red flag here.
Besides, STUMAC shows its office address is in Hong Kong. However, we did not find any match results to STUMAC in the Hong Kong Securities And Futures Commission (HK SFC). That means STUMAC is not regulated by any regulators. Investors' money in this broker is unsafe and cannot be protected by any law. Therefore, it is a scam.
On 8 Jul 2022, BrokersView found the domain https://www.stumacforex.com/ is not working, as most probably it was suspended and it is always a bad sign when broker's website is suspended.
On 8 Jul 2022, BrokersView found the domain https://www.stumacforex.com/ is not working, as most probably it was suspended and it is always a bad sign when broker's website is suspended.