While you can get such information on the website of STX Broker, we strongly suggest you stop having any further dealings with this unlicensed platform. There are two warning signs indicate that it is a scam.
Its domain, stxbrokerz.com, was first registered in June 2022. However, STX Broker claims to have over 8 million users in total. It is highly unlikely, considering the website's age. This is a red flag.
STX Broker purports to be operated by STX Brokerz (Pte) Ltd, a company supposedly in the UK. As per UK law, almost all individuals or businesses in this country are required to be authorized by the Financial Conduct Authroity (FCA). However, the FCA has issued a warning against STX Broker, identifying it as an unauthorized firm.
Therefore, STX Broker is not a safe choice for investors. Entrusting this unregulated broker with funds and personal information is at great danger. Without regulatory oversight, individuals dealing with it are exposed to fraud and identity theft. If STX Broker goes out of business, its clients will not be able to recover their money. As such, to mitigate these substantial risks, it is advisable to choose fully regulated brokers instead.
评论