It Has Been Verified: The ST5 Domain Name Was Registered On April 19, 2023 And Is A Fake Trader.
As For Regulation, It Has Been Verified That ST5 Does Not Currently Have Any Valid Licenses.
ST5 Does Not Even Bother To Build A Website For PC. It Only Has A Shoddy App Platform That Simply Displays Some Product Information.
The Platform Failed To Disclose Any Details About Its Regulatory Status, An Important Scam Indicator. To Make Matters Worse, It Did Not Inform Its Operators In Advance. When The Platform Withholds Such Information, Please Think Thrice Before Acting Before Making An Investment Decision.
Essentially, ST5 Is Not Regulated By Any Governing Body. Entrusting Investors' Funds To This Broker Carries A High Risk, As There Are No Proper Legal Safeguards To Protect The Funds.
ST5 Is Undoubtedly A Scam.
And Most Brokers That Are Not Compliant Will Not Disclose Providing Their Direct Real Contact Information, Such As Phone Number Or Company Address.
Note: ST5 As An Unregulated Broker, Which Means That Clients' Investments May Not Be Adequately Protected. Due To The Lack Of A Regulator To Hold Companies Accountable, The Lack Of Regulation Increases The Risk Of Potential Financial Losses.
If Investing In An Unregulated Broker, There Is A Good Chance That They Will Run Away With Your Hard-earned Money Without Any Recourse. Therefore, Investors Must Be Extremely Cautious And Remind Everyone To Stay Away From These Unregulated Brokers As Much As Possible When Choosing A Broker.
