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

StateHills

Operating status: SCAM

Website: https://statehills.com/

Broker violations and abnormal records

Dec 26, 2022 The Swiss FINMA Added StateHills into Its Warning List
On 27 Dec 2022, the Swiss Financial Market Supervisory Authority (FINMA) issued a warning against StateHills for not entered in commercial register. You may visit: https://www.finma.ch/en/finma-public/warning-list/www-statehills-com/

On 27 Dec 2022, the Swiss Financial Market Supervisory Authority (FINMA) issued a warning against StateHills for not entered in commercial register. You may visit: https://www.finma.ch/en/finma-public/warning-list/www-statehills-com/
Dec 27, 2022 BrokersView has Reviewed that StateHills is an Unregulated Broker
StateHills claims it was founded in 2005 and specialized in Forex trading. But when we checked its domain, we found it was created in 2022. So how could it start its business in 2005? It is a red flag here. Besides, this broker shows its company address is in Switzerland. As per relevant law, the Swiss Government has granted exclusive to the Swiss Financial Market Supervisory Authority (FINMA) to act as a regulatory watchdog for different types of financial firms that include stock exchanges, stock brokers, forex brokers, banks, insurance companies, securities dealers, fund managers, and any other kind of entity that deals in the financial markets.
However, we only found a warning against StateHills issued by FINMA for this broker not entered in the commercial register. The truth is, StateHills is not under valid regulation by any regulators to provide investment services. Investors' funds in this company are unsafe and cannot be protected by any law. Therefore, it is a scam.

StateHills claims it was founded in 2005 and specialized in Forex trading. But when we checked its domain, we found it was created in 2022. So how could it start its business in 2005? It is a red flag here. Besides, this broker shows its company address is in Switzerland. As per relevant law, the Swiss Government has granted exclusive to the Swiss Financial Market Supervisory Authority (FINMA) to act as a regulatory watchdog for different types of financial firms that include stock exchanges, stock brokers, forex brokers, banks, insurance companies, securities dealers, fund managers, and any other kind of entity that deals in the financial markets. However, we only found a warning against StateHills issued by FINMA for this broker not entered in the commercial register. The truth is, StateHills is not under valid regulation by any regulators to provide investment services. Investors' funds in this company are unsafe and cannot be protected by any law. Therefore, it is a scam.
Sep 05, 2023 The Belgian FSMA added StateHills to its warning list
On September 6, 2023, the Belgian Financial Services and Markets Authority (FSMA) added StateHills to its warning list as a fraudulent trading platform. https://www.fsma.be/en/warnings/beware-these-new-fraudulent-trading-platforms-1

On September 6, 2023, the Belgian Financial Services and Markets Authority (FSMA) added StateHills to its warning list as a fraudulent trading platform. https://www.fsma.be/en/warnings/beware-these-new-fraudulent-trading-platforms-1

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