What you will notice immediately after visiting Stanford FX is that broker’s website is not secure. This means that your trades, funds, and personal details are at high risk.
After verifying this simple fact, we’ve gone a bit deeper for our honest Stanford FX review. So, let us show you who this scamming operation is and how to get your money back.
- Before we move forward, we encourage you to read our recently updated AlpsMarkets and PrimeXBT broker reviews.
|Broker Status:||Unregulated Scam Broker|
|Regulated by:||No Regulation (Unlicensed Brokerage)|
|Operating Status:||Active Forex Trading Scam|
|Blacklisted as a Scam by:||FCA, NSSC|
|Online Trading Platforms:||MT4|
|Minimum Deposit:||500 EUR|
|Crypto Assets:||Yes: BTC, ETH, XRP, LTC|
|Available Trading Assets:||Forex (FX), Cryptos, Commodities, Indices, Shares|
|Islamic Account:||Not Available|
|Free Demo Account:||No|
|Accepts US Clients:||US traders are not accepted|
|Global Fraud Protection Experts’ Verdict:||Don’t Invest in This Scam Broker!|
Stanford FX Regulation – Is The Broker Safe?
Stanford FX is an anonymous brokerage claiming to be London-based. However, on the main page, under the broker’s logo, we can see a claim to be regulated by CySEC. It looked suspicious enough to ask if Stanford FX is regulated at all and is really a UK broker. Once we’ve checked the Terms and Conditions, we discovered another claim – you’re dealing with the FCA regulated company.
What’s Wrong With The Stanford FX License?
Simply speaking, Stanford FX regulation doesn’t exist. We did our job, checked through the CySEC and the FCA register, and found nothing. Therefore, this is just another attempt by fraudsters to convince clients they are legit when, in fact, they’re waiting for the opportunity to scam as many people as possible. Beware of the Stanford FX trading scam and do not accept any offers coming from this brokerage.
Scam Warnings Against Stanford FX
After many complaints against the brokerage, the UK FCA and Canadian NSSC issued public warnings against the Stanford FX scam.
According to the Nova Scotia regulator, this online broker is not authorized to provide financial services in Canada and even falsely represents itself as an FCA-regulated broker. Therefore, clients should avoid this illicit operation at all costs and report fraud immediately.
Warning Issued by FCA
Since Stanford FX claims to be FCA regulated, this authority body decided to stop false claims and uncover the truth. Stanford FX is another scammer on the market, and all those defrauded should report it instantly.
Stanford FX Login Problems – One Of The Signs Of A Scam
There are several ways scammers can defraud their clients. Once you give them your credit card information, they can immediately steal your funds. Besides, they can ask for access to your online banking or crypto wallet and transfer everything you have there.
According to Stanford FX reviews, all those who asked for a withdrawal experienced login issues. How does it look? Once you try to log in to your trading account, you might see an error, system issue, invalid or incorrect login details. However, after a couple of days, your access will be back, and your funds will be lost. This is another tool scammers are using to “burn” clients’ money without them knowing what is happening.
If something similar has happened to you, let us know before it’s too late!
Stanford FX Trading Platform – Available Software
Broker trading platform is the only thing we can praise. The company offers MT4, which is the best platform industry has to provide. It’s the most secure and the most adequate for newcomers.
With Stanford FX MT4 platform, clients are getting one-click trading, 21-time frames and 8 order types, integrated trading system and historical charts, as well as price alerts.
However, the broker offers leverage of up to 1:500, which is highly risky.
Mobile Trading – Android & iOS Apps
Besides MT4 for desktop and a web trader, Stanford FX provides a mobile app as well. The app is available for both Android and iOS, and gives access to 7-time frames and 3 chart types, entire trading history, and access to 80 different currency pairs.
In Which Countries Does This Broker Work?
Since broker is not regulated, it shouldn’t be providing financial services at all. However, after our investigation and the scam warnings we’ve shown you, we can conclude the broker is active mainly in the English-speaking zones such as UK, Canada, Australia, New Zealand, South Africa.
Besides, we’ve seen a couple of reviews coming from Scandinavian countries, Singapore, and Malaysia. It seems that the USA is the only restricted area for the broker, thanks to their firm regulatory body.
Stanford FX Canada Traders
As you’ve had a chance to see, the Nova Scotia regulator issued a public warning against Stanford FX for illegally operating in Canada. Until today, it didn’t stop the broker from defrauding Canadian clients not just in Nova Scotia but in British Columbia, Quebec, and further.
If you’ve been involved with the Stanford FX forex scam, let us know immediately.
Stanford FX Range of Trading Instruments & Markets
According to the broker’s website, here’s the list of offered assets:
- 80 currency pairs, including majors and minors
- 6 global indices such as FTSE100 and Nikkei225
- 4 commodities – gold, silver, oil, and natural gas
- UK, EU, and US shares
- 4 cryptocurrencies
The offer is far from solid due to the low range of trading assets, which is just another reason to avoid the broker. On top, Stanford FX’s minimum deposit is 500 EUR, which is enormously high for a scam brokerage.
Scammed By Stanford FX Broker? – Talk To Our Experts Today!
If you were scammed by Stanford FX or a similar bogus broker, know it’s not the end. You can always file a dispute and request a chargeback. Global Fraud Protection assisted many clients with this matter and we are here to help you as well. Let us know what happened during a free consultation and our experts will find a solution for you to retrieve your funds.
Instead of being passive and letting scammers run with your money, contact us via online chat and let’s get it back!
Don’t Let the Scammers Go Away for Free!
What Is Stanford FX, And Should I Invest Money In It?
This is an anonymous trading brokerage not worth your time or money.
Is Stanford FX Safe?
No, broker is not regulated and is not safe for trading or providing any of your personal details.
Which Products Does Stanford FX Offer?
Stanford FX offers trading with currency pairs, commodities, indices, shares, and cryptocurrencies.
Are My Funds Safe With Stanford FX?
Since the broker has been blacklisted in the UK and Canada, your funds are not safe with it.