StockStack does not guarantee any form of safety when it comes to customers’ funds. Accordingly, the safety of your money is always a top priority to consider in any company that expects you to invest with them.
StockStack is an offshore broker that looks forward to giving traders the perfect environment for investment on multiple assets. They claim to offer in just one account more than 1500+ assets to venture in and earn massive returns. They also promise instant deposits and fast withdrawals, and no commission charges.
However, you consider several factors before making a step further and investing your money with any broker, right? Hence we highly doubt that StockStack will attract any profit returns your way. The website, for instance, is poorly made, and you immediately see the red flags they showcase.
Accordingly, trading with reliable forex brokers that showcase a high level of transparency is highly recommendable. StockStack fails to reveal a lot of data that is important to customers. Therefore as you read this unbiased review, we highlight the red flags and why your funds may be at risk.
You might end up having second thoughts if you plan to deposit with StockStack.trade. To start trading, you can aces their services easily through mobile devices and web-based platforms. The only positive thing is that the software supports MT4 and MT5.
StockStack aims to give every customer expert-level trading. However, the information regarding the people behind the company is hidden. Scammers are fond of hiding details from traders, and this investment firm does not operate any differently. The founders’ data is hidden, raising more doubts than trust in the entity. They also fail to showcase any qualifications documents, and you may rely on criminals who might not know how the market operates.
Therefore since StockStack fails to mention the people behind the entity, there is no guarantee that even your personal data is safe. Also, how they plan to generate profits is unknown. The kind of algorithm the software uses and whether or not it’s effective is also not known.
StockStack does not have a demo account either that you can familiarize yourself with any services they offer. Customers can also apply and become fund managers. Meanwhile, newbie traders do not seem to have a place here since there is no educational content available to aid you in becoming a better trader.
StockStack applies copy trading as the main winning method. However, this strategy is highly disregarded, and you may end up following the wrong directions. Even so, the trading world faces high volatility, and you should know how the market works. Legit forex brokers apply risk measures such as stop-loss that help in lowering unexpected losses. There is also no such thing as constant profit, especially not with the likelihood of how StockStack operates. So just like any other business, while trading, you will come across bad days.
How StockStack.trade operates
StockStack.trade does not feature a reliable approach towards trading. Besides, they portray a lot of murkiness that only resembles a pyramid scheme. You expect to receive trade directions from people you do not even know yet rely on their trade methods.
The odds of attaining successful results are very low. They feature videos up to 3 minutes long to help you understand how the platform operates. This videos seem to have been made up and feature actors who can easily be found for low costs.
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StockStack seems to have the main goal, which is definitely to swindle your funds. To start earning, you only have to sign up and start earning in just three minutes. You will end up receiving alerts through various sources.
They will urge you to take advantage of one-time offers on bonuses on every deposit of up to 50%. Accordingly, once you fall for the bait, you will only be making the anonymous people behind StockStack rich. They may result in holding your funds for the longest time, and reaching them is almost impossible.
Deposits and withdrawals
StockStack minimum investment amount is $300. However, this figure is very high for a platform you are unsure how to operate to gain profits for you. They also urge traders to start trading as low as $1, which makes no sense. They accept Skrill, Ethereum, and Bitcoin, among other payment options. However, bitcoin transactions are irreversible, and in any case, you are not satisfied with the services they offer, getting your funds back will be a hard task.
Therefore you should invest with these forex brokers that accept debit and Credit payments over StockStack. The company mentions no data when it comes to Withdrawals. Intact customers are even complaining to have lost funds from the broker. You should easily access your funds in any transparent entity.
StockStack Funds Safety
StockStack does not guarantee any form of safety when it comes to customers’ funds. Accordingly, the safety of your money is always a top priority to consider in any company that expects you to invest with them. They do not seem to have any trade activities taking place or similar evidence of trade transactions. Hence you can hardly tell the returns to expect. Meanwhile, they may also be attracting negative returns, and they can barely show such results.
Thus past trade activities for atleast three months or more are highly recommendable. In addition, you should be capable of verifying any past trade that they showcase through reliable sources. StockStack features images showing ATMs in the street as their bank patterns. They do not show any real address showing where the banks are located. Also, they do not have a refund policy to claim back your money.
StockStack does not have any telephone contact, and to reach them, you have to write to them via email: email@example.com. There is hardly a guarantee that you will receive any response to your query, and the customer relation here is poor. Working customer support helps in building more confidence between you and the company.
They feature a location address hidden at the bottom of their page; 6785, Kumul, Highway, PortVilla, Vanuatu, Republic of Vanuatu. Accordingly, the same location has no relation with StockStack, and your funds are at great risk. Reaching the platform afterward is a hard task once they have your funds; therefore, it’s only beat to stay away from StockStack.trade.
Regulation and Registration
StockStack is based in London from the location address that is also made up. They claim to be incorporated in the UK, and they feature a registration number: 13396680. They claim to be under the FCA, which is the main regulator in the region.
Perhaps they might have been regulated by another body since the real FCA does not recognize StockStack. They can barely afford to pay regulation fees, and the company may easily face bankruptcy.
Regulated brokers that you should invest with always reveal regulation certificates, and you can easily verify from legal sources. Whereas platforms that operate like StockStack will try to confuse you by revealing registration to be regulation. Therefore you should easily tell the difference between the two. The founders of StockStack risk facing criminal charges. This could also be the reason they hide personal identity from customers.
StockStack features a common trait as scammers and proves that the investment firm is a pyramid scheme. They feature images of people warning T-shirts imprinted with logos of the company. They do not reveal any reliable trade approach, and your funds are at great risk. It would help if you did not fall for may attractive offers they promise you because it’s only an attempt to swindle money from you.
You can invest with these legit forex brokers and attain pleasing returns on your hard-earned funds. StockStack does not have any reliable trade approach besides copy trading, which is highly ineffective. Warn your friends and family from the company. Accordingly, it would help if you did thorough research before trading from a reliable source.