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STAM CAPITAL INVEST foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://stamcapitalinvest.ltd/sign-up, about the company's legal and temporary regulatory information, the company's address Suite 305, Griffith Corporate Center, Kingstown P.O. Box 1510 St. Vincent and the Grenadines.

STAM CAPITAL INVEST Forex Broker

Basic Information

Registered Region
Saint Vincent and the Grenadines
Operating Period
--
Company Name
Shenanigans Consulting LTD
Abbreviation
STAM CAPITAL INVEST
Company employee
--
Customer Service Email Address
compliance@stamcapitalinvest.ltd
Company address
Suite 305, Griffith Corporate Center, Kingstown P.O. Box 1510 St. Vincent and the Grenadines
Keywords
2-5 years
Suspicious Regulatory License
Suspicious Scope of Business
High potential risk

Rating Index

VIP

Minimum Deposit
$10000

Platinum

Minimum Deposit
$5000

  

Stam Capital Invest Forex Broker - Complete Information Guide

  

1. Broker Overview

  Stam Capital Invest is an offshore brokerage firm that was established in 2022. The company operates under the ownership of Shenanigans Consulting Ltd., which is known for its controversial reputation in the financial trading industry. The broker is headquartered in Saint Vincent and the Grenadines, a location often associated with unregulated financial services.

  As a private entity, Stam Capital Invest primarily targets retail investors looking for trading opportunities in various financial markets. The broker offers a range of services that include trading in forex, CFDs, and other financial instruments. However, it has garnered significant attention due to its association with another broker, Altima Trade, which has been blacklisted in multiple jurisdictions including Spain, Belgium, and Italy.

  Since its inception, the Stam Capital Invest broker has faced scrutiny and negative feedback from users, indicating potential risks associated with investing through this platform. The business model primarily focuses on providing trading services to individual clients, although it lacks the necessary regulatory oversight that would typically ensure a safer trading environment.

  

2. Regulatory and Compliance Information

  Stam Capital Invest operates without any regulatory oversight from recognized financial authorities. This lack of regulation raises significant concerns about the safety of client funds. The broker does not hold licenses from major regulatory bodies such as the FCA (Financial Conduct Authority), ASIC (Australian Securities and Investments Commission), or CySEC (Cyprus Securities and Exchange Commission).

  The absence of a regulatory license means that Stam Capital Invest is not required to adhere to strict operational guidelines, including the segregation of client funds, which is a critical measure designed to protect investors in the event of a broker's insolvency. Furthermore, there are no investor compensation schemes in place, meaning clients have no recourse for recovering funds in the event of fraud or mismanagement.

  KYC (Know Your Customer) and AML (Anti-Money Laundering) compliance measures are either inadequately implemented or entirely absent, which is another red flag for potential investors. This lack of oversight and compliance increases the risk of financial loss when dealing with the Stam Capital Invest broker.

  

3. Trading Products and Services

  Stam Capital Invest offers a limited range of trading products primarily focused on forex and CFDs. The broker provides access to a selection of currency pairs, including major, minor, and exotic pairs, although the exact number of available pairs is not specified. The broker also allows trading in various asset classes, such as:

  • Forex: Major pairs like EUR/USD, GBP/USD, and USD/JPY.
  • CFDs: Including indices, commodities, and stocks.
  • Commodities: Such as gold, silver, and oil.
  • Indices: Including major global indices like the Dow Jones and NASDAQ.

  Despite promoting its services through various marketing channels, the broker does not support cryptocurrency trading, which is a significant omission given the current market trends. The frequency of product updates and the introduction of new trading instruments remain unclear, indicating a lack of innovation in their offerings.

  The Stam Capital Invest broker primarily serves retail clients, and there is no indication that it provides institutional services or white-label solutions. This limitation further constrains its market appeal, particularly in a competitive trading environment.

  

4. Trading Platform and Technology

  Stam Capital Invest utilizes a proprietary web-based trading platform. This platform is described as user-friendly; however, it lacks the advanced features commonly found in industry-standard platforms like MetaTrader 4 (MT4) and MetaTrader 5 (MT5).

  The trading platform offers basic functionalities, such as:

  • Charting Tools: Basic charting capabilities with limited technical indicators.
  • Market Access: Ability to trade forex and CFDs through a web interface.
  • No Mobile Application: There is no dedicated mobile trading application for iOS or Android, limiting accessibility for users who prefer trading on mobile devices.

  The execution model employed by the broker is not clearly defined, raising concerns about the transparency of trade execution. There is also no mention of API access or support for automated trading strategies, which are critical for many traders seeking to optimize their trading experience.

  

5. Account Types and Trading Conditions

  Stam Capital Invest offers several account types, each with varying minimum deposit requirements and trading conditions. The account types include:

  • Silver Account: Minimum deposit of $250.
  • Gold Account: Minimum deposit of $1,000.
  • Platinum Account: Minimum deposit of $5,000.
  • VIP Account: Minimum deposit of $10,000.

  The leverage offered ranges from 1:30 to 1:100, depending on the account type, which can pose significant risks to traders, especially those unfamiliar with the implications of high leverage.

  The broker does not provide a demo account, which is a common practice among reputable brokers to allow potential clients to familiarize themselves with the trading platform before committing funds. Additionally, the overnight fees and commission structures are not clearly outlined, leaving traders uncertain about the costs associated with their trading activities.

  

6. Fund Management

  Stam Capital Invest supports limited deposit methods, primarily focusing on credit/debit cards and wire transfers. The minimum deposit requirement varies by account type, starting at $250 for the Silver account.

  • Deposit Processing Time: Typically, deposits are processed quickly, but specific timeframes are not disclosed.
  • Deposit Fees: The broker does not specify any deposit fees, but clients should be cautious of hidden charges.

  Withdrawal methods are similarly limited, with clients facing potential challenges when attempting to withdraw funds. Reports indicate that the withdrawal process can be lengthy and fraught with complications, including high fees and delayed processing times.

  • Withdrawal Processing Time: Claims suggest that withdrawals may take between 4 to 7 days to process.
  • Withdrawal Fees: There may be unspecified fees associated with withdrawals, and an inactivity fee of 10% applies if the account remains dormant for more than six months.

  The lack of clear information regarding the withdrawal process raises further concerns about the reliability of the Stam Capital Invest broker.

  

7. Customer Support and Educational Resources

  Stam Capital Invest provides customer support through various channels, including email and telephone. However, there is no indication of live chat support, which is a standard feature among many brokers. The absence of a physical office location and the lack of specific contact details can create trust issues for potential clients.

  • Service Hours: The operating hours of customer support are not clearly defined, which may affect responsiveness.
  • Language Support: The broker claims to offer support in multiple languages, but the specific languages are not listed.

  In terms of educational resources, there appears to be a lack of comprehensive training materials or market analysis tools. The absence of webinars, tutorials, or research reports limits the ability of new traders to learn and develop their trading skills effectively.

  

8. Regional Coverage and Restrictions

  Stam Capital Invest primarily targets clients in regions such as Germany, Spain, Serbia, and the United Kingdom. However, it does not accept clients from the United States, which is a common restriction among many offshore brokers.

  The absence of a physical presence in these markets and the lack of regulatory compliance raises concerns about the broker's ability to operate legitimately. Clients from restricted countries should exercise caution when considering engagement with the Stam Capital Invest broker.

  In conclusion, the landscape surrounding Stam Capital Invest is fraught with potential risks and concerns. The lack of regulation, negative user feedback, and unclear operational practices suggest that prospective investors should proceed with extreme caution or consider alternative, more reputable brokers.

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Latest Reviews

FX1389498622

FX1389498622

Hong Kong

I have been using STAM CAPITAL INVEST for about 3 weeks. The WebTrader trading platform has an extremely quick and effective execution rate, and their customer support staff is always willing to help. Any questions I have are always promptly answered by their customer care. Super polite and helpful. I like the low spreads and fast money withdrawals too.

Positive

2023-03-24

STAM CAPITAL INVEST Forex Broker has an overall rating of 1.39, Regulatory Index 0.00, License Index 0.00, Business Index 6.06, Software Index 4.00 Risk Control Index 0.00.
STAM CAPITAL INVEST