SeaStock24 Review : Fees, Pros and Cons, Reviews by Real Traders

SeaStock24

Operating status: SCAM

Website: https://www.seastock24.com/

Broker violations and abnormal records

Mar 30, 2023 The BCSC issued a warning against SeaStock24
On March 31, 2023, the British Columbia Securities Commission (BCSC) issued a warning against SeaStock24, stating that this broker is not registered to trade in, or advise on, securities or derivatives in BC: https://www.bcsc.bc.ca/enforcement/early-intervention/investment-caution-list/2023/seastock24

On March 31, 2023, the British Columbia Securities Commission (BCSC) issued a warning against SeaStock24, stating that this broker is not registered to trade in, or advise on, securities or derivatives in BC: https://www.bcsc.bc.ca/enforcement/early-intervention/investment-caution-list/2023/seastock24
Apr 10, 2023 BrokersView has reviewed that SeaStock24 is an unregulated broker
SeaStock24 presents zero details about its regulatory status, which is a clear indication of an unlicensed broker since legitimate ones always prominently display their accreditation and licenses. According to this broker's Privacy Policy, it is registered with the Companies House (CH) under the name StockShield Ltd. with company number 4498117. However, one must keep in mind that the CH is only a registrar of companies in the UK responsible for incorporating and dissolving companies. The authority to regulate financial industry in the UK rests with the Financial Conduct Authority (FCA). However, our search for this broker in the FCA registry did not yield any results. In addition, the British Columbia Securities Commission (BCSC) issued a warning against SeaStock24, stating that this broker is not registered to trade in, or advise on, securities or derivatives in BC.
In essence, SeaStock24 is not regulated by any governing body. Entrusting this broker with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. It is unequivocally a scam.

SeaStock24 presents zero details about its regulatory status, which is a clear indication of an unlicensed broker since legitimate ones always prominently display their accreditation and licenses. According to this broker's Privacy Policy, it is registered with the Companies House (CH) under the name StockShield Ltd. with company number 4498117. However, one must keep in mind that the CH is only a registrar of companies in the UK responsible for incorporating and dissolving companies. The authority to regulate financial industry in the UK rests with the Financial Conduct Authority (FCA). However, our search for this broker in the FCA registry did not yield any results. In addition, the British Columbia Securities Commission (BCSC) issued a warning against SeaStock24, stating that this broker is not registered to trade in, or advise on, securities or derivatives in BC.In essence, SeaStock24 is not regulated by any governing body. Entrusting this broker with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. It is unequivocally a scam.
Jun 04, 2023 The Belgian FSMA added SeaStock24 to its warning list
On June 5, 2023, the Belgian Financial Services and Markets Authority (FSMA) added SeaStock24 to its warning list as a fraudulent trading platform: https://www.fsma.be/en/warnings/beware-these-new-fraudulent-trading-platforms-0

On June 5, 2023, the Belgian Financial Services and Markets Authority (FSMA) added SeaStock24 to its warning list as a fraudulent trading platform: https://www.fsma.be/en/warnings/beware-these-new-fraudulent-trading-platforms-0
May 30, 2024 The OSC issues a warning against Seastock24
On May 31, 2024, the Ontario Securities Commission (OSC) issued a warning against Seastock24, stating that this broker is not registered in Ontario to engage in the business of trading in securities. https://www.osc.ca/en/investors/warnings/seastock24com

On May 31, 2024, the Ontario Securities Commission (OSC) issued a warning against Seastock24, stating that this broker is not registered in Ontario to engage in the business of trading in securities. https://www.osc.ca/en/investors/warnings/seastock24com

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