Monday, May 6, 2024

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STX Brokers Broker Review

One of the shadiest and strangest brokers we’ve had the opportunity to review is STX Brokers. The STX Brokers scam is superior to even offshore businesses that we don’t consider to be reliable.

 

 

Broker status: Unregulated
Regulated by: Unlicensed brokerage
Blacklisted as a Scam by: N/A
Owned by: N/A
Headquarters Country: N/A
Foundation year: 2021
Supported Platforms: MT5, web trader
Minimum Deposit: $200
Cryptocurrencies: N/A
Types of Assets: N/A
Maximum Leverage: 1:1000
Free Demo Account: No
Accepts US clients: No

STX Brokers Regulation and Security Details

First off, we were unable to find any info on the owner or headquarters of this illegal enterprise. You have nowhere to complain if you have any problems, thus that was an early warning sign. Additionally, there are no references to the regulatory number or anything else, indicating that this broker is not regulated.

It most certainly has no intention of paying out customers and is headquartered in one of the safe-haven nations. Recently, we’ve noticed a lot of new brokers who just started operating within the past year engaging in a so-called “hit and run” technique.

They would defraud tens of thousands of customers, steal their money, and then shut down the website. Beware of the STX Brokers scam!

Fund Withdrawal Issues With STX Brokers

Fund withdrawals are not guaranteed because the broker is unregulated. There is no authoritative organization that could support you if you are scammed after you put your money with such a company. You cannot be reimbursed from compensation money. For this reason, we usually suggest that new traders start out with Tier 1 licensed brokers.

There is a remedy, though, if you were already working with STX Brokers and are unable to withdraw your money. Reviewers of STX Brokers claim that many people have experienced what you are. You need to submit a chargeback request and a dispute. Keep in mind that you have 540 days from the fraudulent transaction to file your claim, so get started right away.

Traders About Forex Trading Scam

There is nothing pleasant that STX Brokers traders could say because the majority of them experience withdrawal troubles. In addition to this issue, they claim it is difficult to download an MT5, leaving you with a broker’s exclusive web trader. Obviously, this is the least secure method of trading because the firm has access to your money at any time. Avoid trading fraud by being cautious.

It goes without saying that you will be scammed if you are unable to withdraw your money. Prior to arriving at this stage, pay attention to softer indications. There is a good probability that you have been scammed if a broker’s staff members keep nagging you to invest more money, refuse to allow you submit withdrawal requests, or have suspended your access to your account. Your money is at considerable danger if you discover any trades that you did not initiate.

You should avoid STX Brokers forex broker and similar brokers.

Are you having trouble successfully requesting a withdrawal from your broker? Tell us about it and add a comment.[/vc_column_text][/vc_column][/vc_row]

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2 Comments

Jerry October 14, 2021 at 7:02 pm

A typical scammer, they said they prepared everything for you, only waiting for your tiny deposits. Once your put down your money here, everything totally changed. They blocked your account, arbitrarily closed your trades. You may wonder why I know this? Ok, I lost $4,000 on this platform! I know my money may not be returned, but I want to tell your guys that trading with this broker is a surefire way to lose your money.

Monti March 6, 2023 at 3:02 pm

Leverage is flexible, and different investment plans can enjoy different levels of leverage. But the smallest leverage ratio is 1:300, which is scary! I’m sure most newbies wouldn’t dare to take on that much risk and leverage.

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