Scam Brokers

ST CAPITALS

Summary

ST Capital is a binary options broker based in Sofia, Bulgaria. They use the tradestation platform for trading. Offer signals and robot trading are also offered by them. They are however an unlicensed broker. With over 160 binary options brokers available, it is always a good idea to review and compare each of them. Our review will provide you with all the information related to this broker and shed some light on the advantages and risks of investing with the same.

THIS BROKER ISN'T LICENSED

ST CAPITALS Scam Review

ST CAPITAL REVIEW: IS IT AUTHENTIC OR A SCAM?

TRADING PLATFORM:

The essence of a good binary broker is in what trading platform they use. ST Capital uses the tradestation platform by HelloMarkets, which is uncomplicated and easy to use.

TRADE DETAILS:

  • A lot of different assets with different expiry times are available. The expiry times are at 1, 2, 3, 5, 10 and at a 15-minute interval for the upcoming days and months.
  • Unique assets and asset pairs are available for trading. These include currencies, indexes, socks and commodities. For e.g. they have 18 currencies paired up with Bitcoin alone.
  • Up to 85% profits are offered depending upon the asset and expiry time
  • They also offer an ‘out of money’ refund in exchange for lower ‘in the money’ profits
  • An initial deposit of $250 is required to start an account
  • Accounts can be funded with credit cards or Orangepay

ADDITIONAL DETAILS:

Before investing with a broker it is of the utmost importance that you read a broker’s terms and conditions page thoroughly. This provides you information about withdrawals and bonus policies. Problems in withdrawal are the most common complaints made by the investors.

Many added benefits are offered by ST Capital. They also offer signals, robot trading and social trading abilities.

LICENSE DETAILS:

All binary brokers are required to have a license from their financial regulators. This helps in proving that a broker is legit and regulating the activities of the broker. Many of the European brokers have a license from the CySEC of Cyprus. Generally, all the licensed brokers are authentic.

ST Capitals doesn’t possess a license at the time of writing.

CONTACT DETAILS:

ST Capitals is a Bulgarian binary broker with offices at 220 Obelyablvd. Apt. 10, Sofia city 1326, Bulgaria.

PMhone number : +44 20 3808 9655.

 Email: support@stcapitals.com 

Website: www.STCapitals.com.

 

HOW TO AVOID FOREX SCAM AND FRAUD:

 The forex market is one of the busiest markets in the world. It consists of a wide range of participants which includes multinational corporations, large banks, speculators, governments and a small fraction of individual professional traders.

The prices of foreign currencies keep fluctuating and can hence cause heavy losses for the investors. However, this isn’t the only risk an investor should be aware of when it comes to Forex trading.

Investors should look out for FX scams which are looking for opportunities to scam them. The investors are highly susceptible to fraud because of the highly nominal nature of the off-exchange trading, the slack rules of the market and retail forex industry. The internet plays a huge role is giving impetus to these frauds.

It is imperative to first understand the nature of these scams so that you can avoid them in an effective way.

Some of the most common forex scams include selling software that is meant to earn a large profit for the customer, false claims of customers making huge money, phoney marketing and outright theft of a customer’s account.

It is highly important for an investor to be educated about avoiding forex scams. The information provided here will guide you in doing the same.

Scam artists are coming up with various different ways of ripping off customers hence these scams are all over the internet. Therefore never deal with sites which tell you FX trading is easy as these are most likely to be scams after your money. In reality, a lot of hard work and patience is required for success in forex trading.

Another way of avoiding forex scams is avoiding websites which claim to have a secret trading system. A lot of forex traders are under a false impression that there is a shortcut or a secret trading method which will mint millions for them overnight but this is not the case.

Several of these websites offer you an ultra-secret trading system which they claim is all you need. Steer clear of such offers as they are mostly scams.

Also, successful and established trading methods always have income proof on their websites. So keep an eye on the income proof of the site that you are considering. Legit income proof is usually a sign that the company is authentic and will not indulge in any kind of scam.

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THIS BROKER ISN'T LICENSED

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