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No Regulation
Score
1.22 /10
Danger
StocksCPTL
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Comparison
Expose
Exposure
Open Account
Website
Score
Regulatory Index0.00
Business Index4.75
Risk Management Index0.00
Software Index4.00
License Index0.00
Open Account
Website
Licenses
No valid regulatory information, please be aware of the risk
VPS Standard
No restriction on the broker account. Support service provided by WikiFX
Single Core
1G
40G
open now
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Warning: Low score, please stay away!
2
Previous Detection :
2024-11-15
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
- The current information shows that this broker does not have a trading software. Please be aware!
WikiFX Verification
Note: StocksCPTL's official website: https://stockscptl.com/is currently inaccessible.
StocksCPTL Information
StocksCPTL is an unregulated brokerage firm registerd in Cyprus. This firm offers plenty of investment choices, including forex, CFDs, cryptocurrencies, and stocks. However, the regulatory status and lack of transparency of trading fees and account types are the biggest drawbacks.
Is StocksCPTL Legit？
Although StocksCPTL promises that client's funds are held in segregated accounts, it can not change the fact that this firm does not hold any valid regulatory certificates. It lacks regulation from any recognized financial authority. Some risks can be avoided if you stay away from unauthorized brokerage.
Downsides of StocksCPTL
- Unavailable Website
StocksCPTL's official website is currently inaccessible. Whether this firm is still up and running is a mystery.
- Lack of Transparency
You can find little information about this firm online. The lack of transparency can really dampen investors' enthusiasm.
- Regulatory Concerns
The regulatory hurdle is one of the biggest drawbacks of some online brokerage. StocksCPTL is one of them.
Deposit and Withdrawal
StocksCPTL provides several methods to depost and withdrawal funds including VISA, Mastercard, Skrill, Neteller, etc. The firm boasts that the process is in no time.
Conclusion
StocksCPTL is a Cyprus firm operated without any regulatory certificates. Opening an online brokerage account can be an easy way to start investing and there are always risks in investing. But we can choose to stay away from certain risks.
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