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Stockcptls
Operating status: SCAM
Website: https://stockcptls.com/
Broker violations and abnormal records
On April 12, 2024, the Italian Companies and Exchange Commission (CONSOB) ordered Stockcptls' website to be blacked out since it offers financial services illegally in Italy. https://www.consob.it/web/consob-and-its-activities/news-in-detail/-/asset_publisher/kcxlUuOyjO9x/content/press-release-of-12-april-2024/718268
On April 12, 2024, the Italian Companies and Exchange Commission (CONSOB) ordered Stockcptls' website to be blacked out since it offers financial services illegally in Italy. https://www.consob.it/web/consob-and-its-activities/news-in-detail/-/asset_publisher/kcxlUuOyjO9x/content/press-release-of-12-april-2024/718268The regulatory information provided by Stockcptls is both incoherent and confusing.
On one hand, the broker purports to be regulated by the Cyprus Securities and Exchange Commission (CySEC), the Seychelles Financial Services Authority (Seychelles FSA), and the Mauritius Financial Services Commission (Mauritius FSC). However, there are no records of "Stockcptls" in the registers of these authorities, suggesting that these claims are unfounded.
On the other hand, Stockcptls claims that it is operated by an investment firm, Argus Stockbrokers Ltd, which is regulated by the CySEC, and that has a registration number 3031 issued by the Italian Companies and Exchange Commission (CONSOB). Yet, the details provided by the CySEC indicate that Argus Stockbrokers Ltd has no affiliation with Stockcptls. Moreover, the CONSOB has added Stockcptls to its warning list as a fraudulent investment website, contradicting its claims of being supervised by the CONSOB.
Furthermore, Stockcptls asserts that it holds the CySEC license 301/16. However, the records from the CySEC suggest that this license is not associated with Stockcptls, making this yet another false claim.
In essence, Stockcptls is not regulated by any governing body. Entrusting it with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds.
Stockcptls appears to be a scam.
The regulatory information provided by Stockcptls is both incoherent and confusing.On one hand, the broker purports to be regulated by the Cyprus Securities and Exchange Commission (CySEC), the Seychelles Financial Services Authority (Seychelles FSA), and the Mauritius Financial Services Commission (Mauritius FSC). However, there are no records of "Stockcptls" in the registers of these authorities, suggesting that these claims are unfounded.On the other hand, Stockcptls claims that it is operated by an investment firm, Argus Stockbrokers Ltd, which is regulated by the CySEC, and that has a registration number 3031 issued by the Italian Companies and Exchange Commission (CONSOB). Yet, the details provided by the CySEC indicate that Argus Stockbrokers Ltd has no affiliation with Stockcptls. Moreover, the CONSOB has added Stockcptls to its warning list as a fraudulent investment website, contradicting its claims of being supervised by the CONSOB.Furthermore, Stockcptls asserts that it holds the CySEC license 301/16. However, the records from the CySEC suggest that this license is not associated with Stockcptls, making this yet another false claim.In essence, Stockcptls is not regulated by any governing body. Entrusting it with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds.Stockcptls appears to be a scam.
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