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SST Forex Broker provides real users with * positive reviews, * neutral reviews and 4 exposure review!

SST Broker Review

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NFA Suspicious Clone

SST Review 4

Latest All(4) Exposure(4)
Exposure
Zhang Xiaoyong, boss of SST , has absconded.

Current website: (http://www.statestreetforex.com) Previous website: (https://www.china-statestreet.com) It is a scam platform. My name is Jiao Meihua. I deposited 170,000 US dollars on total in this platform . My trading account is 7717508. This account was opened with my uncle’s identity information. (Chengdu Taiyi Yawei Business Information Consulting Co., Ltd. Appeared and the legal person is Zhang Xiaoyong, The company's is registered in Longquan, Chengdu.) By querying, I knew that Zhang Xiaoyong is from Tianyuan District, Guangyuan, Sichuan. I saw the photo of his boss in his WeChat. Someone in the group also confirmed. There was a China Mobile phone number (159 ***** 617) in the name, which was turned off. But his WeChat , registered by the number, is still sending moments.I found a QQ number bound to this mobile phone number, unfortunately, I can’t add it anymore.There is a QQ number of 61 ***** 17 which belongs to the company. I added this QQ easily.Through group, I figured out that the company has absconded in April. Their license is clone.Some people in this group said the boss of the platform has been using this BYD S6 off-road vehicle for 14 years. But the owner of license Chuan A.Z763Z is Zhang Li, whose current address is No. 2008, 20th Floor, Building 1, No. 2 Jingcui West Road, Chenghua District, Chengdu. She never leak any information,let alone her boss. Her ID card is 51082 ****** 608240X. More exposures should be posted to avoid more victims being cheated. Their former company was Chengdu Daofu Enterprise Management Co., Ltd., and the legal person is Gao Meng. It was registered at No. 1, Attachment 1, No. 5, Xiaotian East Street, Wuhou District, Chengdu. Currently, the company is in a suspended state.Then I was given a business license called Sichuan Yongzhi Financial Guarantee Co., Ltd., and the corporate legal person is Du Gang. The registered address is at No. 3 Wan'an North Street, Jitou Town, Wuhou District, Chengdu. But others say that the company had collapsed 2 years ago, so the two business licenses given to me were all fake. Hope you avoid being cheated. Its so-called business including crude oil, stock index, currency, etc. are all fake.

孤熬拼搏的雪狼
2020-01-07
Exposure
The boss of scam SST has run away.

I want to report SST in real-name. Current website: (http://www.statestreetforex.com) Previous website: (https://www.china-statestreet.com) It is a scam platform. My name is Jiao Meihua. I deposited 170,000 US dollars on total in this platform . My trading account is 7717508. This account was opened with my uncle’s identity information. (Chengdu Taiyi Yawei Business Information Consulting Co., Ltd. Appeared and the legal person is Zhang Xiaoyong, The company's is registered in Longquan, Chengdu.) By querying, I knew that Zhang Xiaoyong is from Tianyuan District, Guangyuan, Sichuan. I saw the photo of his boss in his WeChat. Someone in the group also confirmed. There was a China Mobile phone number (159 ***** 617) in the name, which was turned off. But his WeChat , registered by the number, is still sending moments.I found a QQ number bound to this mobile phone number, unfortunately, I can’t add it anymore.There is a QQ number of 61 ***** 17 which belongs to the company. I added this QQ easily.Through group, I figured out that the company has absconded in April. Their license is clone.Some people in this group said the boss of the platform has been using this BYD S6 off-road vehicle for 14 years. But the owner of license Chuan A.Z763Z is Zhang Li, whose current address is No. 2008, 20th Floor, Building 1, No. 2 Jingcui West Road, Chenghua District, Chengdu. She never leak any information,let alone her boss. Her ID card is 51082 ****** 608240X. More exposures should be posted to avoid more victims being cheated. Their former company was Chengdu Daofu Enterprise Management Co., Ltd., and the legal person is Gao Meng. It was registered at No. 1, Attachment 1, No. 5, Xiaotian East Street, Wuhou District, Chengdu. Currently, the company is in a suspended state.Then I was given a business license called Sichuan Yongzhi Financial Guarantee Co., Ltd., and the corporate legal person is Du Gang. The registered address is at No. 3 Wan'an North Street, Jitou Town, Wuhou District, Chengdu. But others say that the company had collapsed 2 years ago, so the two business licenses given to me were all fake. Hope you avoid being cheated. Its so-called business including crude oil, stock index, currency, etc. are all fake. Let’s get united to get the money back. If the above content is false, I am willing to pay legal responsibility. I hope that my friends will not be deceived on SST .

大唐盛世
2019-12-31
Exposure
Cannot withdraw on SST

I can’t withdraw on SST. Their service is missing but I can still trade on their platform. Be alert my friends.

FX7409707928
2019-06-13
Exposure
Can’t withdraw on SST

This is the website http://www.statestreetforex.com/. I applied for a withdrawal on April 22th, but I haven’t received it until today. They found themselves many reasons to delay me. Check this scam platform!

道富受害者
2018-07-07

  

SST 2025 Review: Everything You Need to Know

  In the world of forex trading, SST has garnered significant attention, but not all of it is positive. This review synthesizes various sources to evaluate SST's performance, highlighting both its features and the concerns raised by users and experts alike. Key findings reveal serious regulatory issues and negative user experiences, which potential traders should consider before engaging with the broker.

  Note: Its crucial to recognize that SST operates under different entities across various regions, which may affect its regulatory standing and user experience. This review aims to provide a fair and accurate assessment based on available data.

  

Ratings Overview

Category Rating (out of 10)
Account Conditions 3
Tools and Resources 4
Customer Service and Support 2
Trading Experience 3
Trustworthiness 1
User Experience 2
Additional Rating 2

  How We Rate Brokers: This rating is based on a comprehensive analysis of user feedback, expert opinions, and factual data regarding SST's offerings.

  

Broker Overview

  SST, officially known as State Street Trustees Limited, has been operational for approximately 5 to 10 years and is registered in the United Kingdom. The broker claims to provide online trading services across various asset classes, utilizing the widely recognized MT4 trading platform. However, it currently holds suspicious clone licenses from multiple regulatory bodies, including the Financial Service Providers Register (FSPR), the Financial Conduct Authority (FCA), and the National Futures Association (NFA), raising significant concerns about its legitimacy and safety.

  

Detailed Breakdown

  Regulated Regions:

  SST claims to operate under the licenses from FSPR, FCA, and NFA, but these licenses are categorized as clones, indicating potential fraud. This lack of credible regulation is a major red flag for potential investors.

  Deposit and Withdrawal Currencies:

  The specifics regarding acceptable deposit and withdrawal currencies are not disclosed, leaving users in the dark about the financial logistics of trading with SST.

  Minimum Deposit:

  The minimum deposit requirement is also undisclosed, which is concerning for new traders who want to start with a manageable investment.

  Bonuses/Promotions:

  There is no information available regarding any bonuses or promotions offered by SST, which could deter traders looking for incentives to trade.

  Tradable Asset Classes:

  While SST offers trading services, the exact asset classes available are not disclosed. This lack of transparency makes it difficult for potential clients to assess whether their trading interests align with what SST provides.

  Costs (Spreads, Fees, Commissions):

  Specific details about spreads, fees, and commissions are not available, making it challenging for traders to calculate potential trading costs accurately.

  Leverage:

  The leverage options provided by SST are also not disclosed, which is a critical factor for traders looking to maximize their trading strategies.

  Allowed Trading Platforms:

  SST utilizes the MT4 platform, which is a positive aspect, as it is known for its user-friendly interface and comprehensive trading tools.

  Restricted Regions:

  There is no information available regarding which regions are restricted from trading with SST, leaving potential users uncertain about their eligibility.

  Available Customer Support Languages:

  Customer support appears to be limited, with only email and telephone contact options available. This lack of comprehensive support may pose challenges for users needing immediate assistance.

  

Ratings Revisited

Category Rating (out of 10) Detailed Explanation
Account Conditions 3 Lack of transparency regarding minimum deposits and account types.
Tools and Resources 4 MT4 platform is a plus, but no additional tools or resources mentioned.
Customer Service and Support 2 Limited contact methods and negative user feedback on responsiveness.
Trading Experience 3 Concerns about regulatory legitimacy overshadow the trading experience.
Trustworthiness 1 Clone licenses and negative reviews indicate serious trust issues.
User Experience 2 Many users report difficulties with withdrawals and support.
Additional Rating 2 Overall lack of transparency and high-risk factors.

  

Detailed Evaluation

  •   Account Conditions:

      The absence of clear information regarding account types, minimum deposits, and withdrawal methods raises significant concerns. Users require transparency to make informed decisions, and SST falls short in this aspect.

  •   Tools and Resources:

      While the MT4 platform is widely recognized and user-friendly, the lack of additional trading tools or resources limits traders' ability to effectively analyze the market.

  •   Customer Service and Support:

      Users have reported limited support options and negative experiences when seeking assistance, which can lead to frustration, especially for new traders.

  •   Trading Experience:

      The overall trading experience is marred by the broker's questionable regulatory status and lack of transparency, leading to a high-risk trading environment.

  •   Trustworthiness:

      The classification of SST as an illegal and scam broker on various platforms, combined with the presence of clone licenses, severely undermines its credibility and trustworthiness.

  •   User Experience:

      Negative user experiences dominate feedback, particularly regarding withdrawal issues and lack of support, leading to a poor overall user experience.

  •   Additional Rating:

      The overall lack of transparency, coupled with regulatory issues, suggests that users should exercise extreme caution when considering SST as a trading option.

      

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    Conclusion

      In conclusion, the SST review presents a concerning picture of a broker that lacks transparency, has questionable regulatory standing, and has received numerous negative user experiences. Potential traders should carefully weigh these factors and consider seeking alternatives that offer greater transparency, support, and regulatory compliance. Engaging with SST may expose traders to significant risks, and it is advisable to approach with caution.

      For those considering SST as a trading option, it's imperative to conduct thorough research and possibly look for more reputable alternatives in the forex market.