Search

STAND FINANCE foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://standfinance.net/?a=signup, about the company's legal and temporary regulatory information, the company's address 48 Chadwell Heath Lane, Chadwell Heath, Romford, Essex, United Kingdom, RM6 4LP.

STAND FINANCE Forex Broker

Basic Information

Registered Region
United Kingdom
Operating Period
--
Company Name
STAND FINANCE
Abbreviation
STAND FINANCE
Company employee
--
Customer Service Email Address
support@standfinance.net
Company address
48 Chadwell Heath Lane, Chadwell Heath, Romford, Essex, United Kingdom, RM6 4LP
Keywords
2-5 years
Suspicious Regulatory License
Suspicious Scope of Business
High potential risk

STAND FINANCE broker review

Rating Index

  

Stand Finance Forex Broker - Complete Information Guide

  

1. Broker Overview

  Stand Finance LLC was established in 2020 and is headquartered in Palm Harbor, Florida, USA. It operates as a private company and primarily serves retail clients seeking forex and loan services. The broker claims to operate globally, offering financial services across various regions, although specific details on its market penetration remain unclear.

  The company has faced scrutiny due to numerous reports of fraudulent activities, with clients alleging unprofessional conduct and issues with loan funding. As a result, Stand Finance has developed a contentious reputation in the financial community. Despite these challenges, the broker continues to operate and attract clients, primarily through its online presence and marketing strategies.

  Stand Finance operates under a business model focused on providing retail forex trading and various loan products. The company claims to facilitate loans without credit checks, which raises significant red flags regarding its legitimacy. Additionally, the broker's website exhibits signs of unprofessionalism, such as duplicated information and misspellings, further contributing to its dubious image.

  In summary, Stand Finance is a relatively new player in the financial services sector, facing significant challenges related to its credibility and operational practices.

  

2. Regulatory and Compliance Information

  Stand Finance LLC is not regulated by any recognized financial authority. Reports indicate that the company operates without the necessary licenses required by the Florida Department of Financial Services. The business's claimed address has also been identified as a residential property currently for sale, raising further concerns about its legitimacy.

  The lack of regulatory oversight means that Stand Finance does not have a valid regulatory number or license. Furthermore, the company does not participate in any investor compensation schemes, leaving clients without recourse in case of financial loss.

  Stand Finance does not appear to have implemented adequate Know Your Customer (KYC) and Anti-Money Laundering (AML) measures. This absence of compliance protocols poses a significant risk to clients, as the broker may not perform the necessary due diligence to verify the identities of its customers or monitor transactions for suspicious activities.

  In summary, Stand Finance broker operates in a highly unregulated environment, with serious concerns about its compliance with essential financial regulations. This situation necessitates caution for potential clients considering engaging with the broker.

  

3. Trading Products and Services

  Stand Finance offers a range of trading products primarily in the forex market. The broker claims to provide access to numerous currency pairs, although specific details on the exact number of pairs available are not disclosed. The focus appears to be on popular currency pairs, which are typically favored by retail traders.

  In addition to forex trading, Stand Finance purports to offer Contracts for Difference (CFDs) across various asset classes, including indices, commodities, stocks, and cryptocurrencies. However, the broker's transparency regarding its product offerings is questionable, and potential clients should conduct thorough due diligence before engaging.

  The frequency of product updates and the introduction of new trading instruments are not clearly stated, which may indicate a lack of responsiveness to market demands. Stand Finance also claims to provide retail trading services, but details regarding institutional client services or white-label solutions are not readily available.

  In conclusion, while Stand Finance markets itself as a versatile broker offering a variety of trading products, the lack of transparency and clarity surrounding its offerings may pose risks for potential clients.

  

4. Trading Platforms and Technology

  Stand Finance supports the MetaTrader 4 (MT4) and MetaTrader 5 (MT5) trading platforms, which are popular among forex traders for their user-friendly interfaces and robust features. The broker also claims to have developed its proprietary trading platform, although specific details about its functionality and advantages over established platforms are not provided.

  In addition to desktop solutions, Stand Finance offers a web-based trading platform that enables users to trade directly from their browsers. Mobile trading applications for both iOS and Android devices are also available, allowing traders to manage their accounts and execute trades on the go.

  The broker's execution model is not explicitly stated, raising questions about whether it employs ECN, STP, or Market Making practices. The absence of clear information on execution methods can lead to uncertainty regarding trade execution quality and potential conflicts of interest.

  Stand Finance's server locations and technological infrastructure details are not provided, which may impact the reliability and speed of trade executions. Additionally, there is no mention of API access or support for automated trading, which could be a disadvantage for algorithmic traders.

  Overall, while Stand Finance offers access to popular trading platforms, the lack of transparency regarding its execution model and technological capabilities may deter potential clients.

  

5. Account Types and Trading Conditions

  Stand Finance provides several account types to cater to different trader needs, although specific details are limited. The broker's standard account typically requires a minimum deposit, which is not explicitly stated in available resources. The trading conditions, such as spreads and commissions, are also not clearly outlined, making it challenging for potential clients to assess the cost of trading with Stand Finance.

  Higher-tier accounts, such as VIP or professional accounts, may be available, but further details regarding their features and requirements are not disclosed. The availability of Islamic accounts or corporate accounts is also unclear, which could affect traders with specific needs.

  The leverage ratios offered by Stand Finance are not explicitly mentioned, which is crucial for traders looking to maximize their trading potential. Additionally, the minimum trade sizes and overnight fees are not detailed, leaving potential clients without essential information to make informed decisions.

  In summary, while Stand Finance claims to offer various account types, the lack of transparency regarding trading conditions and account features may pose challenges for potential clients seeking clarity on their trading options.

  

6. Fund Management

  Stand Finance supports a range of deposit methods, including bank transfers, credit cards, and electronic wallets. However, specific details regarding the minimum deposit requirements for different account types are not readily available.

  The processing time for deposits is not explicitly stated, which may lead to uncertainty for clients wishing to fund their accounts. Additionally, any associated deposit fees are not clearly outlined, potentially impacting the overall cost of trading.

  Withdrawal methods and limitations are also not detailed, raising concerns about the broker's policies surrounding fund management. The processing time for withdrawals is similarly unspecified, which could affect clients' access to their funds. Furthermore, the fee structure for withdrawals is not provided, leaving clients unclear about potential costs associated with retrieving their funds.

  In conclusion, while Stand Finance offers various funding options, the lack of transparency regarding deposit and withdrawal processes may pose challenges for clients managing their accounts.

  

7. Customer Support and Educational Resources

  Stand Finance provides several customer support channels, including phone, email, online chat, and social media. However, specific details regarding the availability of support services and operational hours are not disclosed, which may impact clients' ability to receive timely assistance.

  The broker claims to offer multi-language support, but the specific languages available are not listed, potentially limiting accessibility for non-English speaking clients.

  In terms of educational resources, Stand Finance appears to provide various materials, including webinars, tutorials, and eBooks. However, the quality and comprehensiveness of these resources are not detailed, making it difficult for potential clients to gauge the value of the educational support offered.

  Market analysis services, such as daily analysis, news updates, and research reports, are also mentioned, but specifics regarding the frequency and depth of these analyses are not provided. Additionally, the availability of trading tools, such as calculators, calendars, and signal services, is not explicitly stated.

  Overall, while Stand Finance claims to offer customer support and educational resources, the lack of detailed information may hinder clients' ability to effectively utilize these services.

  

8. Regional Coverage and Restrictions

  Stand Finance primarily serves clients in the United States and claims to operate in various international markets. However, specific details about its regional offices and distribution are not provided, which may impact its global reach.

  The broker does not accept clients from certain countries, but the specific list of restricted countries is not disclosed. This lack of clarity may lead to potential clients inadvertently attempting to open accounts from restricted regions.

  In summary, while Stand Finance markets itself as a global broker, the lack of transparency regarding its regional operations and restrictions may pose challenges for clients seeking to understand the broker's service availability.

  In conclusion, potential clients considering Stand Finance broker should exercise caution due to the numerous concerns surrounding its regulatory compliance, transparency, and overall credibility. Thorough research and due diligence are essential before engaging with this broker.

STAND FINANCE Similar Brokers

APC
APC Forex Broker - Complete Information Guide   1. Broker Overview   APC, offici
1.39
Score
TFF
TFF Forex Broker - Complete Information Guide   1. Broker Overview   True Forex
1.38
Score
Axi
1.38
Score
TradeFca
TradeFCA Forex Broker - Complete Information Guide   1. Broker Overview   TradeF
1.40
Score
1.40
Score
1.40
Score
Capital Whale
Capital Whale Forex Broker - Complete Information Guide   1. Broker Overview   C
1.39
Score
1.40
Score
Basan
Basan Forex Broker - Complete Information Guide   1. Overview of Basan Broker
1.40
Score
1.40
Score
Bacay
Bacay Forex Broker - Complete Information Guide   1. Broker Overview   Bacay is
1.40
Score
1.40
Score
1.40
Score
1.39
Score
1.40
Score
1.40
Score
1.40
Score
Unverified
atatong
No license plate
1.40
Score
1.39
Score
Unverified
Live Capitol
Live Capitol Forex Broker - Complete Information Guide   1. Broker Overview   Li
1.40
Score
Exolid
Exolid Forex Broker - Complete Information Guide   1. Broker Overview   Exolid,
1.39
Score
EASY FOREX TRADE
Easy Forex Trade Broker - Comprehensive Information Guide   1. Overview of the B
1.40
Score
1.40
Score
886-fareast
886 Fareast Broker - Complete Information Guide   1. Overview of the Broker   88
1.39
Score
1.40
Score
1.40
Score
1.40
Score
Unverified
Mitto Markets
No license plate
1.40
Score
STAND FINANCE Forex Broker has an overall rating of 1.38, Regulatory Index 0.00, License Index 0.00, Business Index 5.98, Software Index 4.00 Risk Control Index 0.00.
STAND FINANCE