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Stockscm investment company is an untrustworthy trading platform that we wouldn’t recommend investors to venture into.
Investors’ money is not safe in this unlicensed Forex broker platform. You should ensure that the security of your funds is your top priority.
Moreover, Stockscm does not disclose any information regarding its founder. It is unknown who runs the operations of this company.
Be wary of investment companies that operate anonymously, trust a company that is transparent enough to display their team and owner.
The company does not have the MT4 trading platform nor publish any financial reports on their site. They expect traders to invest with them blindly.
MT4 is a trading software that is incorporated by numerous trading platforms. Since Stockscm does not offer this feature, it will be hard for them to provide the kind of leverage that they have displayed. Furthermore, it will be difficult for them to compete with other companies.
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The Stockscm company claims that their site thinks like a trader, and by using it, you have a chance of advancing your trading experience.
The suspicious site offers traders a chance to expand their portfolio from one dashboard. Stocks CM features an intuitive and customizable workflow that supports your trading activity.
It adapts to your method of trading, whether it is complex or straightforward; all you have to do is sign up onto their site. The company brags of having lightning-fast trading, and they utilize the top-notch latest technology.
Despite the market being plagued by numerous scammers, there are credible platforms that you can utilize.
The company claims they offer a wide range of assets to its clients. You can trade either stocks, cryptocurrencies, Forex, indices, and commodities all under one roof.
The pyramid scheme provides its services across the globe at any time. Stockscm lures investors with false claims of making easy money by doing nothing.
They welcome both advanced traders as well as newbies to try their services. The company states that its main focus is to offer the best services in the market. Unfortunately, if you fall for their deceits, the only thing you are going to get from them is unimaginable losses.
Despite the company being a pyramid scheme, they ironically state they want to be the leading foreign exchange provider in the industry.
They guarantee traders that they will earn tremendously by utilizing their creativity and experience in the market. They can analyze vividly using their innovative features.
Stockscm allegedly provides CFD trading on optimal trading conditions and numerous assets. The company has a lot of loopholes and red flags; moreover, they falsely state they have received various awards.
There is not a single regulatory body that licenses StocksCM to undertake their investment services in their country. The company claims they accept members from all over the world, yet they are doing it illegally.
They claim they have offices in the UK, and Australia despite the two countries having strict measures on investment companies collecting money from members of the public. FCA and ASIC do not have any license from either body.
The major red flag of not being regulated is enough for you to stay away from the company. The StocksCM company can exit the market at any time of their will, and disappear with investors’ money without the law tracing them.
You can reach the support via their email address; [email protected] or via their telephone numbers; +61382567089 or +4484498648883.
The only method that you can currently contact them through is via email or live chat due to the pandemic. They openly state that they do not accept investors from Cuba, the USA, North Korea, Syria, or Iran.
The only time the pyramid scheme will call you is when they want to pursue you to invest in their company. They promise investors very huge returns that are luring, and you might get yourself falling for their scheme.
The Stockscm offer their victims four investment plans. They target all forms of traders, the least amount of funds that you can deposit in their silver account is 250 Euros. In this plan, you can trade over 200 assets.
The Gold Plan offers users a leverage of 1:200 and tier 3 trading analysis. The amount that you can deposit in this plan is 10,000 Euros. You will have a dedicated account manager to help and receive free webinars every month.
The minimum deposit that you can deposit in your Platinum account is 50,000 Euros. The leverage that you can get is 1:300. You get free weekly webinars, prioritized level 2 withdrawal, lucrative platinum spreads, and bonus fund.
For the VIP account, you have to be invited for you to participate. The leverage is the same as the Platinum account. You have complete access to webinars, full access to trading room analysis, and level 1 prioritized withdrawal.
Unfortunately, the platform does not disclose what the Tier 1 and 2 mean. They also claim that traders will have full-time access in the VIP account to the trading room analysis while in the other plans, they haven’t revealed the access level that investors will enjoy.
Moreover, there is inadequate information concerning the account spread. If Stockscm is a legit platform, they will decorate their site with live spread, instead of using unclear information to showcase their trading performance.
We can’t tell the spread that USD/EUR currency pair that they would associate. It is the right of the investors to be able to see themselves the fast executions, and tight spreads that they would be able to acquire.
Additionally, it is unclear the business model that Stockscm utilizes despite their claim that the site is responsive and professional.
The platform’s official domain name is Stockscm.com. The company registration took place in October 2019 and will expire in October 2020. The Stockscm is not listed in Alexa; moreover, we were unable to find who its owner is.
It is not clear if Stockscm is a market maker or ECN/STP. They also don’t have any trading regulatory form from any financial watchdog.
Trading with the anonymous, unregulated platform is very risky; you should be very cautious. The safety of your money should be your major concern. There are legit platforms that you can trust with your payment.
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