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

StakeFx

Operating status: SCAM

Website: https://stakefx.com/

Broker violations and abnormal records

Nov 28, 2022 The Germany BaFin Added StakeFx into Its Warnings
On 29 Nov 2022, the Germany Federal Financial Supervisory Authority (BaFin) issued a warning that StakeFx did not have authorisation under the KWG to conduct banking business or provide financial services. You may visit: https://www.bafin.de/SharedDocs/Veroeffentlichungen/EN/Verbrauchermitteilung/unerlaubte/2022/meldung_221128_Stak_FX_en.html;jsessionid=E4D6999132EF41484CADBA1ABB8AC0B5.1_cid502

On 29 Nov 2022, the Germany Federal Financial Supervisory Authority (BaFin) issued a warning that StakeFx did not have authorisation under the KWG to conduct banking business or provide financial services. You may visit: https://www.bafin.de/SharedDocs/Veroeffentlichungen/EN/Verbrauchermitteilung/unerlaubte/2022/meldung_221128_Stak_FX_en.html;jsessionid=E4D6999132EF41484CADBA1ABB8AC0B5.1_cid502
Nov 30, 2022 BrokersView has Reviewed that StakeFx is an Unregulated Forex Broker
StakeFx claims to be a reliable broker regulated by the Mauritius Financial Services Commission (Mauritius FSC). However, we did not find any results that matched this broker. That means the broker is not authorized by Mauritius FSC to provide financial services.
Moreover, the Germany Federal Financial Supervisory Authority (BaFin) issued a warning that StakeFx did not have authorisation under the KWG to conduct banking business or provide financial services.
The truth is that StakeFx is not regulated by any regulators. Letting this broker hold or control investors' money is unsafe, and the money can not be protected by any laws. Therefore, it is a scam.

StakeFx claims to be a reliable broker regulated by the Mauritius Financial Services Commission (Mauritius FSC). However, we did not find any results that matched this broker. That means the broker is not authorized by Mauritius FSC to provide financial services. Moreover, the Germany Federal Financial Supervisory Authority (BaFin) issued a warning that StakeFx did not have authorisation under the KWG to conduct banking business or provide financial services.The truth is that StakeFx is not regulated by any regulators. Letting this broker hold or control investors' money is unsafe, and the money can not be protected by any laws. Therefore, it is a scam.

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