StockDam Review: Stockdam.com A Dangerous Broker

StockDam is an offshore broker that aims to help you trade like a pro. They feature simple steps that will lead you to gain the best trade experience ever. Once you complete registration and funding your account you can immediately start earning from the company. However, there are several factors that you should consider before making any steps investment-wise.

Hence as you read this impartial review, we highlight several red flags that should be a warning. StockDam aims to provide a trading platform like never before. However, the website they have barely has any helpful information. Meanwhile, you can consider investing with these reliable forex companies to earn sensible returns. Unlike StockDam they, apply tried and tested strategies to attract realistic profits.

SockDam urges its users that you take the giant leap to financial freedom when you invest with them. In addition, they claim to be the only solution in online trading. Also, numbers do not lie, and if at all they were making any success, the traffic ought to be higher. The company provides investment opportunities in forex, CFD and options among assets. StockDam about us section barely has any helpful information that makes them stand out.

Stockdam.com Review

Stockdam.com guarantees constant returns when you choose them for trading. However, they do not elaborate any unique strategies, yet they promise the use of the most sophisticated trading tools. They claim that they will take you on a trading journey with the platform. Consequently, the kind of algorithm its software uses to attract massive returns is unknown. 

StockDam may end up availing tools that will turn out to be misleading. Automatic trading is preferable to humans since it does not mix with emotions. Also, scammers always promise reliability due to the vast competition, which is barely what you get. StockDam market analysis lets you customize the platform to meet your needs.

Stockdam.com fails in transparency despite its attempts to hide the easily visible murkiness. They guarantee expert-level services, yet the founders’ information and the employees are a mystery. Furthermore, they do not provide qualifications data to show you are operating with certified people. Fraudulent companies open clone companies and attempt to rob more from innocent traders.

Thus anonymity is the stronghold of companies that operate similarly to StockDam. The shady broker promises a chance to roar in the market, but you will only lure regrets your way.

How Stockdam.com Operates

Stockdam.com does not have a reasonable strategy that they apply for you to count on them. Accordingly, you can barely rely on anonymous people to make any profits for you. There is also no credibility in the software they have for trading. StockDam aims to make the best for you from the trading world but how they beat the high volatility in the market is questionable.

Furthermore, the trading world is not Child’s play, and failure to understand the market will lead to losses. StockDam does not have any past trade activities. Even so, you should find trade history for at least three months or more to help in determining what to expect from them. Consequently, Stockdam.com might be making negative returns, and such information is not welcoming in the eyes of new traders.

StockDam portrays numerous similarities to fraudulent companies. Thus they will not operate any differently. They will contact you through any means possible while persuading you to make deposits. When you fall for the catch and make a deposit consider your business with them over. They will block your details and deny you access to the services they offer. You should be watchful for bonuses of upto 100% on the first deposit. 

Moreover, you can not withdraw the reward money without completing specific tasks. Nothing they promise customers makes any sense. Their software is not compatible with Meta trader or any well-established company.

Funds Safety

StockDam does not guarantee any safety of funds, and they show so many reasons, not to coconut on them. Additionally, the security of your money should be a top factor to consider before making any steps investment-wise. Also, relying on unsung people puts your money at risk, and personal information may end up in the hands of criminals. 

They do not showcase evidence of swift transactions made by customers, and you should not expect some sort of preferential treatment. StockDam does not have a demo account that you can test before investing real money. Also, through a demo account, you can understand and familiarise yourself with how they operate. StockDam does not provide any banking information to prove that your money is in safe hands.

Additionally, the anonymous people behind the company might be the only ones making money from the platform. They will end up keeping your funds in personal accounts as you wait for profits that will never approach.

StockDam Deposit and Withdrawals

StockDam does not reveal what the lowest amount you can deposit is. Also, they do not provide any funding options that you can use to put money into your account. Thus if you still want to risk your money in the company, you can use the credit/debit option. Wire transfer transactions are irreversible, and through these options, you get a chargeback of upto 540 days.

Stockdam does not have a refund policy, and you cannot have your money back if the services they offer do not please you. Also, there is no data to prove that customers can successfully withdraw cash from the company. In addition, you should have instant access to your money. Scammers will find ways to hold your money until you finally give up on your funds.

Customer Support

StockDam does not provide any location address for its head office. Thus you can hardly count on the customer support data that they provide. They do not have any telephone contact or email, and any feedback to your queries is not certain.

Furthermore, working customer support helps build more trust between you and the company. Also, it is impossible to offer a friendly interface without proper customer support. Ponzi schemes will not maintain contact with you once they have your cash. They will even block your access to its services.

StockDam Regulation

StockDam does not fall under the radar of any regulator, and they do not provide any regulation documents. Unregulated companies break trade laws as they please, and they quickly disappear at any given time with all your money. On the other hand, these regulated forex companies showcase a high level of transparency. You can easily find and verify the same information with the responsible watchdogs.

The founders and people behind StockDam do not avail personal data because they risk facing criminal charges. Unregulated companies can barely afford regulation fees, and they often face bankruptcy. Additionally, you should be capable of telling the difference between regulation and registration.

Final Verdict

StockDam is not transparent, and they show so many red flags to serve as a warning not to go any further with the company. They do not have any evidence of past transactions made by any customers. The company does not have any education tools to assist novice traders.

Therefore before investing, you should read reviews and research from reliable sources. Unlike Stockdam.com, you can invest with these forex brokers since they apply tried and tested strategies. 

 

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