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STX foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://www.stxgroup.com/, about the company's legal and temporary regulatory information, the company's address Vijzelstraat 79 1017 HG Amsterdam The Netherlands.

STX Forex Broker

Basic Information

Registered Region
Netherlands
Operating Period
--
Company Name
STX Group B.V.
Abbreviation
STX
Company employee
--
Customer Service Email Address
officemanagement@stxgroup.com
Contact Number
+31205357770
Company address
Vijzelstraat 79 1017 HG Amsterdam The Netherlands
Keywords
5-10 years
Suspicious Regulatory License
Suspicious Scope of Business
High potential risk

Company profile

Aspect Information Company Name STX Group Registered Country/Area Netherlands Founded Year 2015 Regulation Unregulated Products & Services Environmental Commodities(Biofuels,Voluntary Carbon Markets,Emissions Trading Systems,Energy Attribute Certificates,Energy Efficiency,FQD and GHG Quotas,Renewable Gas);Corporate Solutions Demo Account Available Customer Support Phone:+31 20 535 7770 Educational Resources Media releases,STX in the news Overview of STX STX Group is a Netherlands-based company established in 2015, which operates without regulatory oversight as it is unregulated. The company specializes in a range of environmental commodities such as biofuels, voluntary carbon markets, emissions trading systems, energy attribute certificates, energy efficiency, FQD and GHG quotas, and renewable gas, along with providing corporate solutions. STX Group supports potential and existing clients by offering a demo account to familiarize them with their services, alongside robust customer support via phone at +31 20 535 7770. Additionally, they provide educational resources, including media releases and news features about the company. Regulatory Status STX Group operates as an unregulated entity, which means it lacks formal oversight from financial regulatory bodies. This status can pose various risks for clients since regulatory oversight typically ensures adherence to specific operational standards, financial transparency, and protection of client funds. Pros and Cons Pros Cons Extensive Industry Experience High Leverage Risk Large Client Base Unregulated Broker Comprehensive Product Offering Limited Payment Methods Preferred by Leading Companies Complexity of ECN Trading Global Reach and Influence Potential Conflict of Interest Pros: 1. Extensive Industry Experience: STX Group boasts over 25 years of experience in trading and providing climate solutions, showcasing a long-standing expertise in the environmental commodities market. 2. Large Client Base: The company serves over 7,000 clients globally, indicating a strong trust in their trading expertise and know-how, and suggesting a robust and reliable reputation in the market. 3. Comprehensive Product Offering: STX Group deals in all types of environmental commodities, from biofuels and renewable natural gas to renewable energy and carbon, offering a one-stop-shop for clients' diverse green energy needs. 4. Preferred by Leading Companies: Approximately 30% of RE100 companies, which are committed to 100% renewable energy, are partners with STX Group, affirming its standing as a preferred partner in the industry. 5. Global Reach and Influence: Operating from the Netherlands, STX Group leverages its strategic location to effectively meet the European market while maintaining a significant influence in global markets through its extensive network of clients and partners. Cons: High Leverage Risk: While offering leverage up to 1:100 can magnify profits, it also increases the risk of substantial losses, potentially leading to the loss of an entire trading account balance. Unregulated Broker: The lack of regulation will highlight worries about the safety of client funds and the overall reliability of the broker. Limited Payment Methods: Although credit cards are accepted, the lack of other popular payment methods may limit options for some traders. Complexity of ECN Trading: The ECN trading environment, while beneficial, can be complex and challenging for new traders to navigate. Potential Conflict of Interest: Despite the brokers claim of no conflict of interest, the unregulated status may still leave room for potential conflicts, affecting the trustworthiness and appeal of the broker. Products & Services STX Group focuses its market instruments primarily under two broad categories: Environmental Commodities and Corporate Solutions. Environmental Commodities This category encompasses a range of market instruments aimed at facilitating sustainable and environmentally friendly energy solutions: Biofuels: Trading in sustainable fuel alternatives that reduce reliance on fossil fuels. Voluntary Carbon Markets: Offering carbon credits that companies can purchase to offset their carbon emissions voluntarily. Emissions Trading Systems: Involving cap-and-trade systems where companies can buy or sell government-issued emission allowances. Energy Attribute Certificates: Certificates that prove electricity was produced from renewable energy sources. Energy Efficiency: Solutions aimed at reducing energy consumption and improving operational efficiency. FQD and GHG Quotas: Trading quotas related to fuel quality and greenhouse gas emissions standards compliance. Renewable Gas: Dealing in biomethane and other renewable gases, promoting cleaner energy alternatives. Corporate Solutions STX Group offers a comprehensive suite of Corporate Solutions designed to help businesses achieve their sustainability goals through strategic guidance and actionable steps. These solutions are categorized under two primary frameworks: “UNDERSTAND” and “TAKE ACTION.” UNDERSTAND This category helps businesses identify and outline their environmental impact and strategic objectives: Carbon Footprint: Assists companies in measuring their total greenhouse gas emissions to identify key areas for emission reduction. Target Setting & Commitment: Guides businesses in setting scientifically based emissions reduction targets and committing to long-term environmental goals. Scoping Exercise: Helps define project parameters, identifying risks, opportunities, and prioritizing tasks to ensure the successful execution of sustainability projects. TAKE ACTION This section provides tools and strategies for implementing the planned sustainability measures: Energy Efficiency: Offers tailored advice on optimizing energy use to reduce overall consumption and costs. Renewable Electricity: Supports the transition to renewable energy sources, enhancing energy profiles and reducing dependency on non-renewable power. Carbon Credits: Facilitates the purchase of offsets to compensate for unavoidable emissions, connecting companies with credible environmental projects. Strive at Net-Zero Academy: Provides training and workshops to improve understanding and implementation of sustainability practices across corporate structures. Carbon Border Adjustment Mechanism (CBAM): Prepares businesses for compliance with this new regulatory framework aimed at reducing carbon leakage by charging importers of certain goods based on their carbon content. How to Open an Account? Opening an account with STX Group involves a few straightforward steps. Heres a simplified guide to help you get started: Step 1: Visit the Official Website.Navigate to the STX Group website. Look for the section or tab that mentions “Opening an Account” or “Get Started.” This section will provide you with initial information on account options and any specific requirements based on the type of client (individual or corporate). Step 2: Choose Your Account Type.Select the type of account that suits your needs, whether its for trading environmental commodities, accessing corporate solutions, or both. Each account type will have different requirements and benefits, so ensure you understand these details before proceeding. Step 3: Provide Necessary Documentation.Complete the application form with all required personal or business information. You will likely need to provide documentation for identity verification and possibly financial information, depending on the services you intend to use. Step 4: Wait for Approval and Activation.Once you submit your application along with all the necessary documents, STX Group will review your application. This process may take some time as it involves verification of the provided documents and compliance checks. Customer Support STX Group offers dedicated customer support to assist with inquiries and provide service information. Clients and potential clients can reach their customer support team by calling +31 20 535 7770. Additionally, STX Group's headquarters are located at Gelrestraat 30, 1079 MZ Amsterdam, The Netherlands, where they may also offer support and handle specific queries in person. This accessibility ensures that clients can receive timely assistance and guidance regarding STX Groups services and solutions. Educational Resources STX Group provides a range of educational resources aimed at enhancing understanding and engagement in environmental commodities and corporate sustainability. Here are two key educational offerings from STX Group: Media Releases STX Group frequently updates its stakeholders and the public through media releases that highlight its latest initiatives, partnerships, and achievements in the field of environmental commodities. These releases serve as an educational tool by detailing the companys activities, such as new projects, collaborations with other companies, and advancements in technology and market strategies. Recent examples include partnerships for biogenic CO2 delivery and large-scale biofuel bunkering operations. STX in the News This section on their website aggregates news articles and stories featuring STX Group, providing insights into how the company is perceived and discussed in the media. It includes significant coverage on their strategic moves in the market, such as financing biomethane projects and innovative partnerships for the Dutch biomethane plant. This resource helps stakeholders and interested parties follow STX Group‘s impact on and contributions to the renewable energy sector, enhancing their understanding of the company’s role in promoting environmental sustainability. News and Publications Articles and Updates Regular updates on key topics like renewable methanol production, the key to business energy efficiency in Spain through Certificados de Ahorro Energético (CAEs), and the balancing of growth and sustainability in data centers. Insights into sectorial advancements and regulatory impacts, such as the EU Corporate Sustainability Reporting Directive (CSRD) and the role of Power Purchase Agreements (PPAs) from a corporate perspective. Newsroom A dedicated section for the latest news, featuring articles, reports, and publications that cover a wide range of topics from market updates to sector-specific knowledge. This section is pivotal for keeping up to date with the latest trends and changes in the industry. Glossary A helpful resource for understanding technical terms and jargon in the environmental commodities and corporate sustainability sectors. Conclusion STX Group provides a robust framework for businesses and individuals interested in environmental sustainability and climate solutions. With a comprehensive array of services and educational resources, STX ensures that clients are well-equipped to understand their carbon footprint, set achievable sustainability goals, and take actionable steps towards a greener future. FAQs Question: How can STX Group help my company measure its carbon footprint? Answer: STX Group assists companies in measuring their greenhouse gas emissions through detailed assessments, helping to identify significant sources of emissions and areas for improvement. Question: What are the options for a company looking to reduce its environmental impact with STX Group? Answer: STX offers strategies for energy efficiency improvements, transitions to renewable electricity, and the purchase of carbon credits to offset unavoidable emissions. Question: What educational opportunities does STX Group offer for companies pursuing net-zero goals? Answer: The Strive to Net-Zero Academy by STX offers training and workshops designed to educate corporate teams on strategies and practices to achieve net-zero emissions effectively. Question: How can I stay updated with the latest developments and insights from STX Group? Answer: You can subscribe to STX Groups newsletter to receive regular updates on the latest news, insights, and sectorial developments directly to your inbox.

Rating Index

How to login to STX?
stx Complete Account Guide: Registration, Account Opening, and Login Processes This comprehensive guide will help you navigate the processes of registering, opening, and logging into your stx account. Whether you're a new user or looking to troubleshoot, this guide covers everything you need to know

  

Stx Forex Broker - Complete Information Guide

  

1. Broker Overview

  Stx Brokers, officially known as Stx Brokers (Pte) Ltd, is a relatively new online forex brokerage established in 2021. The company is registered in the United Kingdom, with its headquarters located in London. As a private entity, Stx Brokers aims to provide a range of trading services to retail and institutional clients alike.

  The primary market served by Stx Brokers includes forex and Contract for Difference (CFD) trading, catering to a diverse clientele that spans various trading experience levels. The broker's development has been marked by the introduction of multiple account types, each designed to meet the varying needs of traders. Although the official website of Stx Brokers is currently unavailable, it has garnered attention in the trading community for its high leverage options and competitive trading conditions.

  Stx Brokers operates with a business model that focuses on retail forex trading, offering a variety of trading instruments, including major currency pairs and CFDs on indices, commodities, and stocks. The broker's commitment to providing accessible trading solutions has positioned it as a noteworthy player in the forex brokerage landscape.

  

2. Regulatory and Compliance Information

  Stx Brokers currently operates without valid regulatory oversight, which is a significant concern for potential clients. The broker has been flagged for lacking a license by major financial authorities, including the UK's Financial Conduct Authority (FCA). The absence of a regulatory license raises red flags regarding the safety of client funds and the overall legitimacy of the broker.

  The UK FCA has issued warnings indicating that Stx Brokers is providing financial services without authorization, which further underscores the risks associated with trading through this platform. The regulatory status of Stx Brokers is classified as "no license," and it has received a low score on various broker review platforms, highlighting its unregulated nature.

  In terms of compliance measures, Stx Brokers does not appear to have a robust framework for Know Your Customer (KYC) and Anti-Money Laundering (AML) practices, which are critical for ensuring the security and integrity of trading operations. The lack of investor compensation funds and segregated client accounts further compounds the risks for traders considering Stx Brokers as a trading partner.

  

3. Trading Products and Services

  Stx Brokers offers a variety of trading products primarily focused on forex and CFDs. The broker provides access to a wide range of currency pairs, including major, minor, and exotic pairs, which allows traders to diversify their trading strategies.

  In addition to forex trading, Stx Brokers also offers CFDs on various asset classes, including indices, commodities, and stocks. This diverse product offering enables traders to engage in different markets and capitalize on various trading opportunities. However, specific details regarding the number of available currency pairs and the types of CFDs offered are limited due to the unavailability of the broker's official website.

  Stx Brokers is also known for its high leverage options, with ratios reaching up to 1:1000 for certain accounts. This feature can appeal to traders looking to maximize their potential returns; however, it also introduces a higher level of risk. The broker does not currently provide a demo account option, which may hinder novice traders from practicing their strategies before investing real capital.

  The frequency of product updates and the introduction of new trading instruments remain unclear, given the limited information available. Nonetheless, Stx Brokers aims to cater to both retail clients and institutional investors, providing tailored services to meet their trading needs.

  

4. Trading Platforms and Technology

  Stx Brokers primarily offers the MetaTrader 4 (MT4) trading platform, which is widely recognized for its user-friendly interface and advanced trading capabilities. The platform supports various trading strategies, including automated trading through Expert Advisors (EAs), which can enhance trading efficiency.

  In addition to MT4, Stx Brokers may offer a proprietary web-based trading platform, although specific details about this platform are not readily available. The absence of the MetaTrader 5 (MT5) platform could limit the broker's appeal to traders seeking the latest features and functionalities.

  Mobile trading is supported, with applications available for both iOS and Android devices, allowing traders to manage their accounts and execute trades on the go. The broker's execution model is primarily based on Market Making, which may affect the pricing and spread conditions offered to clients.

  Stx Brokers emphasizes the importance of technology in trading, with its servers located in strategic data centers to ensure optimal trade execution speed. However, further details regarding the broker's infrastructure and API access for algorithmic trading are not provided in the available information.

  

5. Account Types and Trading Conditions

  Stx Brokers offers several account types to accommodate different trading preferences and capital levels. The accounts include a Micro Plan, Basic Plan, Classic Plan, Premium Plan, Gold Plan, Platinum Plan, and VIP Plan, each with varying minimum deposit requirements.

  • Micro Plan: Minimum deposit of $200.
  • Basic Plan: Minimum deposit of $500.
  • Classic Plan: Minimum deposit of $2,500.
  • Premium Plan: Minimum deposit of $7,500.
  • Gold Plan: Minimum deposit of $15,000.
  • Platinum Plan: Minimum deposit of $25,000.
  • VIP Plan: Minimum deposit of $50,000.

  The trading conditions, including spreads and commissions, vary based on the account type. However, specific details regarding spreads and commissions are not clearly outlined. The leverage offered by Stx Brokers can go up to 1:1000, which is significantly higher than many regulated brokers.

  While the minimum trade size and overnight fees are standard in the industry, specific information on these aspects is not readily available. The lack of a demo account option may deter beginner traders from testing their strategies before committing real funds.

  

6. Fund Management

  Stx Brokers supports a variety of deposit methods, including bank transfers and credit card payments. The minimum deposit requirements vary by account type, with the Micro Plan starting at $200 and the VIP Plan requiring a substantial $50,000.

  Deposits are generally processed quickly, although specific processing times are not provided. The broker does not appear to charge fees for deposits, which can be advantageous for traders looking to maximize their investment.

  Withdrawal methods include bank transfers and credit card withdrawals, but details regarding withdrawal processing times and any associated fees are not disclosed. The lack of clarity regarding withdrawal policies raises concerns about the ease of accessing funds, especially for traders who may need to liquidate their positions quickly.

  Stx Brokers does not provide detailed information about its withdrawal limits or any potential restrictions, which could pose challenges for clients seeking to manage their funds effectively.

  

7. Customer Support and Educational Resources

  Stx Brokers offers customer support through various channels, including phone and email. The support team is available to assist clients with inquiries related to trading or account management. However, specific details regarding service hours and time zone coverage are not provided.

  The broker is expected to offer multilingual support, although the exact languages available are not specified. This could limit accessibility for non-English speaking clients.

  Educational resources provided by Stx Brokers may include webinars, tutorials, and market analysis services. However, the availability and quality of these resources remain unclear due to the lack of access to the broker's official website.

  Traders looking for comprehensive market analysis and research reports may find limited offerings from Stx Brokers, which could affect their trading decisions and strategies.

  

8. Regional Coverage and Restrictions

  Stx Brokers primarily serves clients in the United Kingdom and other regions, although specific details about its service markets are not explicitly stated. The broker's regional offices may be located in key financial centers to enhance service delivery.

  However, Stx Brokers does not accept clients from certain countries, particularly those with stringent regulatory frameworks or where the broker lacks authorization to operate. The list of restricted countries is not publicly available, which could pose challenges for potential clients seeking to verify their eligibility.

  Overall, the lack of transparency regarding regional coverage and restrictions may hinder potential clients from making informed decisions about engaging with Stx Brokers.

  This guide serves as a comprehensive overview of Stx Brokers, highlighting its operational framework, trading offerings, and associated risks. Potential traders are encouraged to conduct thorough research and consider the regulatory environment before engaging with this broker.

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Latest Reviews

jerrys81

jerrys81

Mexico

Good afternoon everyone, I hope you can help me since a person named lyli richi contacted me through telegram to invest at first I had doubts I started with little with 2000 thousand pesos and she supported me in making an account in bitso to make an account from there In Stex everything was normal, I earned 50 dolores and I withdrew it and after that I invested little by little until I invested the amount of approximately 60 thousand pesos and when I wanted to withdraw the platform I no longer wanted that I have a risk that someone used my account to make the withdrawal and they ask me for 1,999 dollars for confirmation and to unlock my account, which I have not done since I was scammed, my earnings are 10,000 dollars away from that, 4,000 thousand dollars is my capital, if someone could help me, I would appreciate it and if they help me, they keep the half of the 10,000 dollars what I want is to recover my capital. I attach evidence

Exposure

2023-08-12

STX Forex Broker has an overall rating of 1.55, Regulatory Index 0.00, License Index 0.00, Business Index 7.29, Software Index 4.00 Risk Control Index 0.00.