Stox50 (Stox50.com) is a CFD and Forex brokerage firm claiming to make you rich in minutes. From the information we deduced about the website, Stox50 is apparently a one of a kind platform. What Stox50 is boasting about is members can trade at any time thanks to their mobile functionality. Sadly, we’ve been receiving numerous email complaints from people who’ve lost money with Stox50. We decided to conduct an honest review.
One of the very first things we do when conducting our research is check the homepage. With stox50, you can easily be manipulated. With An eye-catching user-friendly interface, you would think that this platform is legit. Members are promised tutorials, mobile trading, new skills and a strong partnership. So, what’s the fuss with Stox50? Why has it been creating such a buzz over the web?
Folks, we believe that we are dealing with a professional scam outlook. Being ardent Forex brokers, we had to check whether what’s Stox50 is selling dreams or nightmares. From what we can gather, we could not be further from the truth, Stox 50 IS A SCAM. Sole intent of Stox50 is hellbent to steal your hard-earned money and leave members high and dry. Read our full review to find out their dirty tricks which we had to reveal.
Always use reputable and trusted Forex broker firms when dealing with Forex. Having a professional outfit by your side ensures you trade comfortably. Members are also guaranteed safe trading with reliable and creditable Forex brokers. Never miss a chance to make some real money with Forex trading. Get faithful Forex traders by signing up with them today!
According to their homepage, key to success is having an updated economic calendar. While this might be true, we are doubtful with their calendar. Claims of their calendar having covered all economic events is a lie.
👉 Want to make money automatically with Bitcoin and Cryptocurrencies without the risk of trading yourself? Are you ready for self-custody of your investment funds? Do you like the sound of regular consistent results and profitable performance? Tired of the forex and crypto scams, false promises and games out there designed to separate you from your hard earned funds? Stop everything! ETBOT is for you! With the ETBOT software, only YOU are in control of your investment funds. The software works using API Key connections that only YOU set up and control. The ETBOT service and mother company EndoTech has been making investors hundreds of percent a year in proven gains since 2012! They use the volatility of the Crypto market to trade long and short using breakout techniques and strategies powered by real Artificial Intelligence. This year so far ETBOT has made over 75% for clients since January 1st, 2020. If you are ready to leave the trading to the professionals and upgrade your monthly income, now is the time, head to ETBOT now and buy your subscription to get started. PS: ETBOT is a Profitable Forex/Crypto Trading Bot. 100% Verified and Recommended by Valforex.com.
Anticipating market moves based on previous or actual forecast is all Forex is about. Stox50 owners have used this to lure members into signing up with them. Why not just be sending alerts to members, it’s an easier approach. Right?
Professional scam artists know how to use market jargon to try and look professional. Newbies and investors will immediately be attracted by comments such as having an economic calendar. Problem with this scam is that even after claiming to have an economic calendar, they don’t show it. Why is that? Why don’t they show members the so-called calendar? Even after signing up, members still don’t get the calendar.
Crypto mining companies are the next best alternative to making money with digital currency. Sign up with leading and proven Crypto mining companies with a solid track record. Make sure you sign up with credible and dedicated Crypto mining companies. Your chance to make money with digital currency starts with a reliable Crypto mining company.
Another red flag that we must mention is in regards to who owns this platform. Scam artists always hide their identities when coming up with scams. For instance, we don’t know who owns or runs Stox50. We have no clue on who actually developed this trading platform. Don’t you think it’s weird that we don’t have names of people who run the platform? Think of it this way, you are depositing money to a platform whose real owners are hidden.
No one knows who the actual CEO of this firm is. Best thing that they could have done is at least pose a picture of who owns it. This way, we could have contacted them and confirmed about Stox50’s validity. There’s no way we will sit here and see people tarnish the good Forex trading name with such fraud. Someone has to stand against these fraudsters and take a stand. We have, stay away from this CFD and Forex platform before you lose everything.
Homepage claims that members are assured that funds are fully protected, by who? Are they actually following the strict rules and regulations? One can easily see a disclaimer that trust and transparency is all that this platform does. With all honesty, this couldn’t be further from the truth. Note that we have evidence that this platform is not fully protected. Platform that has no known names cannot in any way be following strict industry rules and regulations.
It means that when you are depositing money with Stox50, you will never know whose account its going to. Since we don’t know who the owners are, you could be depositing straight to their bank accounts. We are sure that segregation of accounts is not followed. There’s no way that even regulation bodies have a clue about Stox50. This also leads us to our next concern with this CFD and Forex trading platform.
If you want to separate legit from scam, surest way is to check with regulation bodies. In this case, we decided to contact the FCA and CySEC. These are known regulatory institutions in Forex trading. Sadly, not one of them has ever heard of such a broker. In fact, we have learnt that the Italian Trade agency has urged people not to use Stox50. It actually makes sense since we are dealing with professional scam artists.
You can also get an alternative to brokers by dealing with esteemed and excellent crypto trading robots. Having trusted and industry backed crypto trading robots is simply the best way to trade crypto currencies. Why not sign up with reputable and professional Crypto trading robots and start making real money? This is the next best thing since you will trade safely and with ease.
From what we could deduce, Stox50 claims to have access to popular crypto currency. Claims of having a 24/5 crypto currency claim can easily be seen. According to the website, they claim to trade with Bitcoin, Bitcoin Cash, Litecoin, Dash, and other digital coins. Problem we have with this is that we cannot actually verify what they are claiming. How are they mining these crypto currencies? Have they outsourced from a particular company, if so, which company?
Stox50 wants us to simply believe that they have it all. They want us not to question their methods and clearly, questions need to be answered. Why not just tell people the truth? For obvious reasons, they can’t possibly tell the truth. We all know that they are simply putting on a shameful scam. We urge all of our readers to stay away from this CFD and Forex scam immediately.
One of the claims they have is that traders get the chance of using MetaTrader4. This is a one of a kind platform used by the industry’s elite. Problem we have with their platform is that it’s only web based. Even after publicly promoting this platform as a mobile platform, we could not gain access. We tried gaining access by downloading the platform but to no avail. Download stalled at 50% and it makes us question everything.
It also means that their platform is unstable and open to malicious attacks. Hackers can easily steal money from this website as it has an unstable platform. It also has an unsecured platform which has no SSL encryption certification.
Without a shadow of doubt, we are dealing with a scam brokerage firm. Evidence clearly points out to us having to deal with a fake platform. Best thing for you our dear reader is to stay away from this fake CFD and Forex provider.
We have no other option but to blacklist this platform due to numerous flaws we have seen. From having no known owners, to not being regulated, this is simply a scam. Never use a platform that tries to hide its real identity, its most likely a scam.
Why not get a clear alternative to fake Forex brokers? You can easily sign up with legitimate and easy to use Forex trading robots. Reputable and honest Forex trading robots will easily make real profits. Aside from that, members trade comfortably and safely. Interested with trading Forex, sign up with recommended Forex trading robots today and start earning with Forex.
Help Us Fight Scams. Please Donate to Support Our Work. No Amount is too Little or too Big. Thank You..
February 8, 2019 By Ghazanfar
The phrase ‘Necessity is the mother of invention’ seems true for Iran. This is because Iran has unveiled its own...
February 8, 2019 By Ghazanfar
In spite of long bear market, Bitcoin transactions per day are increasing. Today the level of these transactions has touched...
February 4, 2019 By Ghazanfar
Although bear market in crypto world is extending, yet many fiat currencies are facing the threat of destabilization. This is...
February 4, 2019 By Ghazanfar
In spite of mix signals from the cryptocurrency world about the future of cryptocurrencies, many countries are planning to test...
February 3, 2019 By Ghazanfar
The idea of Bitcoin adoption as an international currency is not at all new. Over the years, many financial experts...
February 2, 2019 By Ghazanfar
Bitcoin’s entry into the longest ever bear market in history is one of the most burning issues of today. The...
Valforex.com will not be liable for any damages incurred due to the usage of any information displayed on this website. The information and trading guides found on the website constitute the authors’ opinion only. Trading Forex, Binary options and Cryptocurrencies involve high-risk and are not suitable for all investors. Online trading in general, may not be legal in your jurisdiction. It’s visitors’ responsibility to make sure these entities are legal in their jurisdiction before engaging in trading activity… Read More