'Do not invest with StoneWall Capital': Investor Faces Withdrawal Problem, Broker Replies with Silence

Investor Farooq has complained about the South African Broker StoneWall Capital, accusing the firm of being a “scam company.” According to the complaint, a representative of the broker pressured him to increase his investment during the deposit phase. However, when it comes to withdrawal, the staff member disappeared.

The investor stated that the representative, Zara, helped him create an account and promised that StoneWall Capital is a legal and promising broker.

From Farooq’s perspective, what Zara has done was not offer advice for his investment management, but constantly pressured him for additional deposits. Once Farooq refused to do so, Zara ceased all communications and vanished.

In July, Farooq submitted a withdrawal request for $314.71. However, the submission has been pending without being credited for several weeks.

Matters worsened when Farooq allegedly found that his account had been completely blocked, preventing him from logging in or verifying the status of his withdrawal.

“It became clear that Stonewall Capital is a scam, “ Farooq said. “(It was) misleading people who trust them with their hard-earned money. I strongly advise everyone to avoid Stonewall Capital. “

BrokersView reminds you

StoneWall Capital claims to be operated by Findexa Advisory (PTY) Ltd, a financial services company regulated by the Financial Sector Conduct Authority (FSCA) in South Africa.

Although the FSCA regulates a financial service provider named Findexa Advisory (PTY) Ltd, doubts about the actual regulatory status of StoneWall Capital still exist, as the regulator does not disclose the websites operated by the regulated company.

In addition, the Financial Services Agency in Japan (Japan FSA) added Findexa Advisory to its warning list in September 2024 and pointed out that the company was soliciting investment for OTC derivative trading without authorization.

Please be informed about regulatory information before making an investment decision to avoid unnecessary risks.