STONEBRIDGE foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://www.stonebridgelimited.com/, about the company's legal and temporary regulatory information, the company's address Renaissance House 32 Upper High Street Epsom, Surrey KT17 4QJ UNITED KINGDOM.
Stonebridge is a retail trading brokerage that has gained significant attention in the online trading community. Established in recent years, the broker focuses on providing a unique trading experience tailored to the needs of its customers. The company is headquartered in Saint Vincent and the Grenadines, and it operates as a privately held entity. Stonebridge primarily serves a global clientele, catering to both retail and institutional traders across various financial markets.
The development of Stonebridge has been marked by a commitment to innovation and customer satisfaction. The broker has continually evolved its offerings to include a diverse range of financial instruments, which now encompasses forex, cryptocurrencies, commodities, indices, and stocks. This broad market access allows traders to engage in multiple asset classes, enhancing their trading opportunities.
Stonebridge operates under a business model that emphasizes retail forex trading, while also providing services to institutional clients. The broker's aim is to equip traders with the tools and resources necessary to navigate the complexities of the financial markets effectively. The establishment of various account types, along with advanced trading platforms, has positioned Stonebridge as a competitive player in the brokerage landscape.
Stonebridge operates in a regulatory environment that is crucial for maintaining investor trust. However, it is important to note that the broker has faced scrutiny regarding its regulatory status. The Financial Conduct Authority (FCA) in the UK has issued warnings against Stonebridge, identifying it as a clone of an FCA-authorized firm. This raises concerns about the legitimacy of its operations, as the broker lacks proper regulation.
The broker does not currently hold a license from any top-tier regulatory authority. This absence of regulation means that there are no legal protections in place to safeguard client funds, which is a significant risk for potential investors. Furthermore, Stonebridge does not participate in any investor compensation schemes, which could provide some level of security for clients in the event of insolvency.
To comply with regulatory requirements, Stonebridge implements Know Your Customer (KYC) and Anti-Money Laundering (AML) measures. These protocols are essential for verifying the identity of clients and preventing illicit activities within the trading platform. However, the lack of oversight from recognized regulatory bodies remains a critical concern for traders considering this broker.
Stonebridge offers a wide array of trading products designed to meet the diverse needs of its clients. The broker provides access to over 200 financial instruments, including:
The broker frequently updates its product offerings, ensuring that clients have access to the latest market trends and opportunities. Stonebridge also provides retail trading services, which include user-friendly platforms and educational resources to assist traders in developing their skills.
For institutional clients, Stonebridge offers tailored services, including white-label solutions and asset management services. This diversification of offerings enhances the broker's appeal to a broader audience, catering to both individual traders and larger financial entities.
Stonebridge utilizes a proprietary trading platform designed to provide a seamless trading experience. This platform is web-based, allowing traders to access their accounts from any device with an internet connection. The broker does not support MetaTrader 4 or 5, which may be a drawback for traders accustomed to these popular platforms.
The trading platform features advanced charting tools, real-time market data, and a user-friendly interface, making it accessible for both novice and experienced traders. Additionally, Stonebridge offers mobile applications for both iOS and Android devices, enabling clients to trade on the go.
In terms of execution, Stonebridge operates on a market-making model, providing liquidity and facilitating trades for its clients. The broker's servers are strategically located to ensure fast order execution and minimal latency, which is crucial for high-frequency trading strategies. Furthermore, the platform supports API access for automated trading, catering to algorithmic traders seeking to implement their strategies effectively.
Stonebridge offers several account types to accommodate different trading needs:
The trading conditions vary based on the account type, with leverage options ranging from 1:30 to 1:400, depending on the assets being traded. The broker provides competitive spreads, particularly for higher-tier accounts, which can significantly enhance trading profitability.
Stonebridge also offers a demo account option, allowing traders to practice their strategies without risking real capital. This feature is particularly beneficial for beginners looking to familiarize themselves with the trading environment before committing funds.
Stonebridge supports various deposit methods to facilitate easy funding of trading accounts. Clients can deposit funds using:
The minimum deposit requirement varies by account type, with the Gold Account starting at $200. Deposits are processed promptly, typically within a few hours, while withdrawal requests may take longer, often between 7 to 10 business days.
Stonebridge does not charge deposit fees, but withdrawal fees may apply, depending on the method used. It is essential for clients to review the broker's fee structure to understand any costs associated with their transactions. The withdrawal process is straightforward, but clients are advised to complete the KYC verification before initiating withdrawals to avoid delays.
Stonebridge places a strong emphasis on customer support, offering multiple channels for clients to seek assistance. Traders can reach out via:
The support team operates from Monday to Friday, ensuring that clients receive timely assistance. Additionally, Stonebridge provides multilingual support, catering to a diverse clientele.
The broker also offers a range of educational resources, including webinars, tutorials, and eBooks. These materials aim to enhance traders' knowledge and skills, enabling them to make informed trading decisions. Market analysis services, such as daily reports and research summaries, are also available to help traders stay updated on market trends.
Stonebridge serves a global market, with a focus on providing trading services to clients in various regions. The broker has established a presence in key markets, including Europe, Asia, and North America.
However, certain countries may be restricted from accessing Stonebridge services due to regulatory limitations. Clients are advised to check the broker's website for a list of countries where services are not available. Additionally, specific restrictions may apply to clients from jurisdictions with stringent financial regulations.
In conclusion, while Stonebridge offers a comprehensive trading experience with a diverse range of products and services, potential clients should carefully consider the regulatory environment and associated risks before engaging with the broker. The lack of robust regulatory oversight raises significant concerns, making it essential for traders to conduct thorough due diligence before investing their funds with Stonebridge.
D329
Canada
They told me that they were going to give me back the money I had invested, which was 248 Canadian, and what they stole from my card 1650+970+50 because they told me that I had to complete 3000 so that they could give me back all the money together and what they did was to swindle me out of all the money.
Exposure
2023-03-02