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Stockhutfx Inc

Operating status: SCAM

Website: http://www.stockhutfxinc.com/

Broker violations and abnormal records
  • Mar 15, 2023 The UK regulator FCA added Stockhutfx Inc to warning list

    The Financial Conduct Authority (FCA) issued a warning against Stockhutfx Inc on March 16, 2023, revealing that this broker might be providing financial services or products in the UK without authorization: https://www.fca.org.uk/news/warnings/stockhutfx-inc

    The Financial Conduct Authority (FCA) issued a warning against Stockhutfx Inc on March 16, 2023, revealing that this broker might be providing financial services or products in the UK without authorization: https://www.fca.org.uk/news/warnings/stockhutfx-inc
  • Mar 19, 2023 BrokersView has reviewed that Stockhutfx Inc is an unregulated broker

    Stockhutfx Inc claims to be certificated to offer financial services but provides no details about its regulatory status, which is a distinct characteristic of unlicensed brokers, as legit brokers always present their accreditation and licenses in a prominent position. Under applicable laws and regulations, the authority to supervise financial services and activities in the UK rests with the Financial Conduct Authority (FCA). However, when we searched this broker on the website of the FCA, we found that it was listed as an unauthorized firm by FCA for providing financial services or products in the UK without authorization.

    The truth is, Stockhutfx Inc 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.

    Stockhutfx Inc claims to be certificated to offer financial services but provides no details about its regulatory status, which is a distinct characteristic of unlicensed brokers, as legit brokers always present their accreditation and licenses in a prominent position. Under applicable laws and regulations, the authority to supervise financial services and activities in the UK rests with the Financial Conduct Authority (FCA). However, when we searched this broker on the website of the FCA, we found that it was listed as an unauthorized firm by FCA for providing financial services or products in the UK without authorization.The truth is, Stockhutfx Inc 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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