State Technologies: reviews and company overview

Review of State Technologies Company

State Technologies seems to be a reliable broker with good reviews online. However, there are several signs that may raise doubts about their approach to trading. Below is an objective assessment of the company.

References and Information about State Technologies

The broker’s website looks odd, with mismatched information blocks and bright elements. It seems like the design was done inconsistently. Some elements, such as social media icons, are missing. The fact that the contacts only list a British number raises doubts.

  • Social media icons are fake;
  • The localization is not fully Russified;
  • The callback request form does not work;
  • The contact phone belongs to another company.

There is no information about the founders and the establishment date of the company. No mentions of licenses or partners were found. The documents do not provide details on the broker’s registration.

The company’s details could not be verified as information about banking details is missing. The contact information points to business centers, and the provided phone belongs to another company.

Based on the available information, it can be assumed that State Technologies is not a reliable broker.

Licenses and Accreditations

Even if we assume that the company is indeed registered in Saint Vincent and the Grenadines, it would not have a license for forex brokerage activities as such licenses have not been issued since 2018. By explicitly indicating a Russian presence, the company is likely providing services only in Russia without the appropriate license from the Central Bank.

Services Offered by State Technologies

State Technologies offers trading in the Forex market and contracts for difference of various assets. This requires installing the MetaTrader 4 terminal. However, information on spreads, leverage, and minimum deposit is lacking.

The company offers various ways to fund the account, including transfers from Sberbank and Alfa-Bank cards. The funds deposited into the account are called a guarantee deposit and become the company’s property.

Reviews of State Technologies

Most reviews of the company are positive, however, real negative comments are rare. Reviews that contradict the company’s positive image are often deleted. This may raise questions about the honesty and objectivity of opinions.

Suspicious Activities of the Company

State Technologies uses aggressive marketing methods to attract clients. They transfer money to their accounts abroad, may mislead clients about transactions. Clients may encounter problems with withdrawing funds, which may indicate fraudulent activity.

Conclusions

State Technologies lacks the necessary licenses and registration for operating in financial markets. Their marketing methods and lack of transparency make them an unreliable broker, possibly engaged in fraudulent activities.