Is Stock Trade Invest a scam or a legit broker?

Stock Trade Invest is not a secure Forex broker since it does not hold a license from any worldwide serious Forex authority. Meaning the broker is suspected of being a fraud company since it was not checked for its compliance before establishment, never monitored in terms of its safety and simply may operate the business in any way it wishes.

About Stock Trade Invest
🗺️ Registered inNo Registration
🗺️ Type of LicenseNo License
🛡️ Is Stock Trade Invest safe to tradeNo
🗺️ Recommended LicensesFCA in UK 🇬🇧 & ASIC in Australia 🇦🇺
🖥 Alternative BrokerFP Markets - licensed by ASIC in Australia

Stock Trade Invest is a Forex and CFD broker operated by Stocktradeinvest Ltd. It is an unregulated firm that claims to be located in London, United Kingdom. Although the company is not licensed to offer its financial services in the UK, they have been targeting British residents.

Moreover, the UK’s Financial Conduct Authority has issued a warning against Stock Tarde Invest and Stocktradeinvest Ltd.

We don’t recommend to trade with a mentioned brokerage or any other unregulated financial entity as they are not bound by any financial or ethical rules.

It is better to choose among the brokers who are regulated by the reputable regulators such as FCA in the United Kingdom, CySEC in Cyprus or ASIC in Australia. Check the ASIC-regulated brokers here.

Conclusion

We strongly advise opening a trading account only with the brokers that are regulated by the respected world authorities that comply with the required set of rules and a good reputation through the delivered timeframe of operations. Traders should trade with well-regulated brokers such as UK brokers or brokers in Australia and reliable brokers such as AvaTrade and XM.com.

Yet, it is always great to hear your personal opinion about Stock Trade Invest. So you may share your experience or thoughts or discuss them below or ask us for additional information.

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