STForex has been a suspect forex broker, and many investors as well as regulatory observers have raised many questions. Although it presents itself as legitimate by registering offshore, the broker is not licensed and presents several scam signs.
Website: https://stforex.com/
Website Availability: Yes
Owned By: STForex
Blacklisted by: Not recommended by the review website like Fraud Recovery Experts
Domain Age:
Name-STFOREX.COM
Registry Domain ID-1788538468_DOMAIN_COM-VRSN
Registered On-2013-03-24T03:04:33Z
Expires On-2026-04-29T11:59:59Z
Updated On2025-04-29T18:16:48Z
Not a Licensed Forex Broker
STForex is also conveyed to be registered with the St. Vincent and the Grenadines Financial Services Authority (FSA). The FSA of SVG is not a licenser or regulator of forex brokers. This implies that STForex is not under the regulation needed to provide transparent and honest trading – a big warning sign for potential investors.
Low Traffic and Shady Domain Registrar
The site does not receive a lot of visitors, which is usually an indication that a company is new, not trusted, or both. Also, the registrar used by STForex is also popular among spammers and scam sites, further causing suspicion about whether it is genuine or not.
Several Negative User Reviews
There have been several complaints filed against STForex for unauthorized withdrawals, manipulation of the platform, and loss of funds. It is common for many traders to complain that after they started profiting or tried withdrawing, sudden account problems or being locked out altogether resulted.
STForex shows several key signs of being an unregulated and possibly fraudulent broker. With no valid license, poor reputation, and suspicious behavior, traders are strongly advised to avoid this platform. Do not deposit further funds and report any incidents to your local financial authorities.
FAQs
Q1: Is STForex a licensed broker?
No. STForex is only registered in St. Vincent and the Grenadines, which does not issue licenses for forex trading.
Q2: Should I trust STForex with my funds?
Due to several complaints from users and the absence of regulation, you shouldn’t trust STForex.
Q3: What do I do if I traded at STForex?
Don’t make any more payments, gather all communication and transaction logs, and report your broker to your local financial regulator or a scam recovery service.
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