Sti Global Broker: Exposing Scammers and Real Reviews
Who is Sti Global: Broker’s Suspicious Actions
In the retail trading sector of financial instruments, Sti Global actively operates. Founded in 2001, it specializes in trading in the Forex market and Contracts for Difference (CFD). However, there is an opinion that sti-global.com is an exclusively fraudulent resource.
Our review is dedicated to this company, its offerings, and real customer reviews.
Sti Global: Scam or Genuine Broker?
According to information on the sti-global.com site, the company started its operations in 2011. However, upon closer examination, different information is revealed. According to The Host, the broker’s domain name was only registered in 2019.
If the broker’s creation history is fake, then other data should be doubted as well. The site claims that the company operates legally and honestly, has a license from the British Business Ethics Authority in the financial sector, but such a regulator does not actually exist. In the UK, financial companies are licensed by the Financial Conduct Authority (FCA).
An additional argument in our consideration is the information provided about the license. According to the VFSC (Vanuatu Financial Services Commission), the broker obtained permission for trading in 2017. However, there is no mention of Sti Global on the official VFSC website.
Another confirmation of falsity is the office addresses. Despite indicating that the head office is in London, with others in Hong Kong and Sao Paulo, exact coordinates are missing. Information about the company’s registration location is also absent, although the provider Check-host points to the servers being located in the Netherlands, a distance from English jurisdiction.
Trading Strategies on sti-global.com
The unknown actions of the broker aim to attract clients with promises of quick enrichment. Users caught in the trap of this CFD and forex company have many complaints. The main page of the site proudly displays dubious statistical data: over 200,000 clients, 245 partners, earnings of $4,890,192, and a vast number of transactions. However, these numbers are unconfirmed.
The broker offers an exclusive trading platform, access to which is granted after registration and account funding. Promises of such opportunities should raise concerns among clients.
The lack of information on trading platforms, manipulation of transaction data, and the absence of money withdrawal capabilities raise serious doubts. The offered bonuses and stimulation programs give clients the illusion of easy money, which is actually deceitful.
Artificial Accounts on sti-global.com
Sti Global offers three types of accounts with minimal fees and bonuses for clients:
- Silver: minimum deposit $500, leverage 1:100.
- Gold: access to cryptocurrency trading, minimum deposit $1,000.
- Platinum: ability to trade cryptocurrencies with leverage 1:500 and deposit protection. Minimum deposit – $5,000.
According to sti-global.com, each account provides access to over 700 trading instruments, market analytics, and other features.
Why to Avoid sti-global.com: Facts and Arguments
- Fake information about regulators.
- Lack of financial activity license.
- Information about the “exclusive” terminal.
- Absence of demo version.
- Issues with fund withdrawals.
- Fictitious bonuses.
- Missing contact information about the broker.
- False information about the company’s founding date.
- Non-specific details about the platform and reviews.
- Many negative reviews.
Customer Reviews Overview of Sti Global
Customer reviews are mostly negative. Many users face problems with fund withdrawals and conflicts regarding account blockages. Company representatives try to deceive clients, breaking promises and shifting responsibility for difficulties onto users. This situation leads us to have a critical attitude towards Sti Global’s activities.
As evidenced by reviews concerning financial transfers, clients believe that funds may have been transferred to foreign accounts:
Participants also share details about the company’s managers’ services, fund withdrawal cancellations, adding another aspect of evidence of fraud.
Conclusion
Sti Global – a deceptive project. All the information provided by the company does not match reality, and the facts do not confirm honest intentions. The broker is not engaged in real trading, and we strongly recommend avoiding interaction with sti-global.com!
Author: Tatiana Galchinskaya
We also recommend reading our review of the CFD broker Tastyworks.