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ST24online Broker Review

ST24online Broker Review – Don’t Invest In The ST24online.com Scam

Unlike other brokerages, ST24Online is unique. We’re not used to seeing such a sophisticated level of scam. As a result, our ST24Online review is here to expose everything you need to know.

However, before you begin trading online, we recommend you read our recent scam broker reviews of InstaForex, AdroFX, and EpicInvests. Invest your time, money, and nerves in it!

 

  1. Scam Broker Status: Unregulated
  2. Licensed by: Unlicensed company (no license)
  3. Websites of scammers: ST24online.com and ST-24online.com
  4. Forex Trading Scam: Active
  5. Listed as a scam by FCA, CONSOB
  6. Owner of the broker: ST24ONLINE LTD
  7. Country of headquarters: UK
  8. Year of foundation: N/A
  9. Platforms for online trading: WebTrader
  10. Mobile Trading: Only through Web browsers
  11. Minimum Deposit: 250 Euros
  12. Bonus on deposit: Available
  13. Trading Crypto Assets: Yes, it is possible
  14. CFD Trading Option: No, you cannot trade CFDs
  15. The following trading instruments are available: Forex (FX), Commodities, Indices, Shares, Cryptocurrencies, ETFs, and Bonds.
  16. Leverage maximum: 1:100
  17. No Islamic account is available.
  18. Demonstration account: No, only live performances are available
  19. Does not accept US traders: This company does not accept US traders.
  20. Global Fraud Protection Experts’ Verdict: Don’t Invest in This Scam Broker!

 

Is ST24online Safe And Regulated? – The Importance Of Regulation

It’s essential for a broker to be regulated so that you can trade safely and know you’ll get your money back regardless of what happens. Under the name ST24ONLINE LTD, ST24Online claims to be regulated by CySEC and SCB – Securities Commission of Bahamas.

Moreover, the broker claimed that the Cypriot entity is for the EU, while the other is for the world. It seems like a legit story until you realize that both ST24Online regulations are false. 

False Claims About Regulation – The License Doesn’t Exist

Do you remember when we said we’d never seen such a sophisticated scam before? I’ll tell you why. You can verify a broker’s legitimacy on every financial regulator’s website. Something new we’ve never seen before is ST24Online spoofs CySEC’s website and creates a fake version that looks identical to CySEC’s.

This regulator doesn’t own the domain, nor do they have an official website where you can find the license. Make sure you open the broker’s register and see what you are looking for; never let the broker show you their support.

Scam Warnings Against ST24online

Even though ST24Online used CySEC’s name, CySEC did not report the trading scam. However, the Italian Consob and the UK FCA have issued warnings in this matter. CONSOB recommends not investing in ST24Online because it’s a fraudulent company.

Warning Issued by FCA – Unauthorised Scam

ST24Online reviews indicate that most victims are UK citizens, which prompted the FCA to issue a warning and help their citizens avoid falling for this well-organized scam.

We can assist you if you have already deposited your money with a scam broker such as HND Global Limited, EU Crypto Bank, or TradeTheBit.

What to Do If You Fall For A ST24online Scam? – File A Complaint

ST24Online scam victims have recently filed numerous complaints with Global Fraud Protection. If you would like assistance in this matter, we are here to help. Do not let scammers walk away with your hard-earned money. Instead, file a dispute and ask for

Let’s find the best solution for you together through live chat or a free consultation with one of our specialists!

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FAQ Section:

What Is ST24online, And Should I Invest Money In It?

In essence, ST24Online is an online trading brokerage that is not regulated. This project is a scam, so beware of easy earnings!

What Is The ST24online Minimum Deposit?

There is a 250 EUR minimum deposit broker requirement.

Are My Funds Safe With ST24online?

There is a blocklisting of the broker in the UK and Italy, which means your funds are not secure.

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