SCAM-StockLux.co Forex Broker Review (2020)

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StockLux Brokers Logo

StockLux is a new unlicensed / offshore Forex broker that opened on May 6th, 2020. Their official website is located at: https://StockLux.co/.

For withdrawal problems or broker complaints, read this.

StockLux.co Broker Review – StockLux  is a SCAM. Do not trust this FOREX Broker!  

Our review of the brokers StockLux finds that they offer Day Traders and Investors, the Status web-based CFD trading platform, which is user friendly, and simple to use.

Alternatively, you will find the industry standard MT4 trading platform available for download. The mobile trading app offered, is the standard Android & Apple apps for MT4.

A wide range of underlying assets are available for CFD trading including; Major Forex Pairs, Minor Forex Pairs, Crypto Currencies, Metals, Commodities, Indices, and Global Stocks. Margin rates for bitcoin trading is 10:1, and the spread on BTCUSD is $88. The minimum deposit for a trading account at StockLux is $250, and they use a few different payment processors including; Paytrio, Paystruct and Cashir.Live for Crypto.

StockLux Trading App Review
StockLux Trading App Review

 

Is StockLux a Licensed Broker?

No, StockLux is not a licensed broker, and they are not regulated by the government.

They are owned and operated by a company called Konstos Markets LTD, 2039498 which is based in the British Virgin Islands. They do not list a physical address on their website or a contact phone number.

Existing clients of StockLux are invited to share their experience in the comments section below.

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