Financial Stock Trade FX is a platform claiming to offer trading services in forex, indices, precious metals, and cryptocurrencies. The corporate background of this platform is unclear. Moreover, Financial Stock Trade FX is illegally providing financial services without authorization and has been placed on the warning list by the UK Financial Conduct Authority (FCA), advising the public to stay away from this platform. The official website of Financial Stock Trade FX is: https://www.financialstocktradefx.com/
Corporate Background of Financial Stock Trade FX:
The domain of Financial Stock Trade FX was established on October 20, 2023, and its registered address is 2-4 Brushfield Street, London, England, E1 6AN. The registration date is not specified. The platform claims to offer trading services in forex, indices, precious metals, and cryptocurrencies and asserts it holds a UK company certificate (registered name FINANCIALTRADEFX, number 13117089).
However, the corresponding name we found in the UK company registration information is FXCRYPTOBITMINING LTD, which does not match the platform's details, and this company was dissolved on June 14, 2022. These inconsistencies raise questions about the platform's legitimacy.
Regulatory Information of Financial Stock Trade FX:
The platform is illegally providing financial services without authorization and has been placed on the warning list by the UK Financial Conduct Authority (FCA). The public is advised to stay away from this platform.
Account Registration Process of Financial Stock Trade FX:
- Log in to the official website of Financial Stock Trade FX and click the register button
- Fill out the application form
- Submit identity verification/documents for my number verification
- Deposit funds and start trading
Account Types of Financial Stock Trade FX:
BRONZE ACCOUNT
- Minimum deposit: $1000.00
SILVER ACCOUNT
- Minimum deposit: $5000.00
GOLD ACCOUNT
- Minimum deposit: $7000.00
PREMIUM ACCOUNT
- Minimum deposit: $10,000.00
Trading Software of Financial Stock Trade FX:
Financial Stock Trade FX has not yet disclosed detailed information about its trading software.
Trading Products of Financial Stock Trade FX:
The official website of Financial Stock Trade FX does not provide detailed descriptions of its trading products or a dedicated product page. However, from the platform's overall layout and web design, it can be inferred that Financial Stock Trade FX primarily offers forex trading products. Although specific product information is lacking, this design suggests that the platform's core business is forex trading. Users should be mindful of this when choosing Financial Stock Trade FX and carefully verify the platform's specific product and service information before conducting any transactions to ensure it meets their personal trading needs.
What Are the Spreads, Leverage, and Commissions of Financial Stock Trade FX?
The official website of Financial Stock Trade FX does not disclose detailed information about spreads, trading leverage, trading commissions, minimum/maximum trade sizes, maximum positions/orders, margin call/stop-out levels, minimum price increments, or contract sizes related to trading accounts.
What Are the Deposit and Withdrawal Methods of Financial Stock Trade FX?
Financial Stock Trade FX does not specifically describe the deposit and withdrawal methods on its official website. Typically, traders might be able to use various common payment methods for deposits and withdrawals, including bank transfers, credit cards, and electronic wallets.
Customer Support of Financial Stock Trade FX:
Email: [email protected]
Phone: +17472178207
Conclusion:
Financial Stock Trade FX has several significant drawbacks. Firstly, the platform's domain name does not match the company registration information, and the actual registered company was dissolved in 2022, which severely impacts its credibility. Furthermore, the UK Financial Conduct Authority (FCA) has listed it for providing illegal financial services and advises the public to avoid it. The platform has not disclosed detailed trading software information, specific descriptions of trading products, or key details about spreads, leverage, and commissions, which further increases uncertainty and risk for potential investors. In summary, Financial Stock Trade FX has serious issues regarding its legitimacy and reliability, and investors should exercise extreme caution. Financial Stock Trade FX is marked as "Suspected Fraud" on TraderKnows.
