Stonley Trading Ltd. is a company that offers forex trading services. However, there are several red flags that suggest that this company may be a scam. In this review, we will discuss these red flags in detail so that you can make an informed decision about whether or not to trade with Stonley Trading Ltd.
Is Stonley Trading Ltd. Legit or Scam?
After careful investigation, we can say with certainty that Stonley Trading Ltd. (stonleytrading.com) is a dangerous scam operation. This broker was created to steal money from traders through false promises and deceptive practices.
Here are the main reasons why Stonley Trading Ltd. is clearly a scam:
- The website was created on April 26, 2024, yet claims years of experience
- They have zero regulatory licenses or oversight
- They demand extremely high minimum deposits starting at €5,000
- They use a fake UK company address with no real office
- They offer dangerous leverage up to 1:800
- They show unrealistic bonuses from 30% to 100%
- Their website hides basic company information
- They use pressure tactics to get deposits
Company Overview
Detail | Information |
Website | stonleytrading.com |
Company Age | Created April 26, 2024 |
Claimed Location | London, UK |
Real Location | Unknown |
Phone Number | Not provided |
Email Support | Not provided |
License | None |
Min Deposit | €5,000 to €500,000 |
Account Types | 7 types (Basic to VIP) |
Leverage | Up to 1:800 |
Bonus Offers | 30% to 100% |
Services or Products
If you are still considering this firm for your trading needs, here’s a breakdown of the markets they offer access to:
- Forex Market: You can trade currency pairs, including but not limited to EUR/USD, GBP/AUD, and CAD/NOK.
- Stock Market: The firm provides access to trading shares of major companies like Amazon, Meta, and Google.
- Indices Market: You can trade on the performance of broader market indices, such as the S&P 500 and NASDAQ.
- Cryptocurrency Market: The firm supports trading in popular cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), and XRP.
- Bond Market: You can also invest in various types of bonds through this firm.
Additionally, the firm’s website mentions “merchandise” as a potential offering. However, it’s unclear what this refers to in the context of a trading firm. This suggests that the website may have been poorly designed or contains inaccurate information.
Trading Platform & Leverages
The broker shows major warning signs in their platform:
- Uses a simple WebTrader instead of MT4/MT5
- Claims automated trading but has no mobile app
- Offers dangerous leverage up to 1:800
- Shows no real trading technology
- Demo account access is blocked
- Platform can be manipulated by the broker
Dodgy companies often use websites to trick you into thinking you’re making a ton of money or losing big time. They mess with your emotions so you make bad choices.
Also, they say they have a fully automated system and a bunch of fancy robots and stuff, even a server in New York, but they don’t have a mobile app. That’s kinda sus and makes you wonder how good their tech really is.
Spreads and Cost of Trading
Stonley Trading’s spreads are kinda high, going from 0.0 to 4.3 pips depending on your account. If you want the lowest spreads, you gotta invest at least 500,000 EUR. They offer crazy leverage, from 1:25 to 1:800, which is way higher than what’s allowed by EEA and UK FCA. Also, they don’t really tell you about other fees and costs in their Terms and Conditions.
License and Regulations
The broker has no legal right to operate:
- No FCA license in the UK
- No license from any regulator worldwide
- Not registered as a real company
- Operating illegally in many countries
- No regulatory oversight at all
Legal Warning Against Stonley Trading Ltd.
As writing this content, we did not find any warning issues against this broker. But, we strongly warn everyone to avoid this broker. They operate without any licenses and can disappear with your money at any time. Trading with them puts all your funds at risk.
Deposit and Withdrawal Methods
The broker uses a deceptive payment system:
- No clear withdrawal policy
- Unknown payment methods
- Hidden withdrawal fees likely
- Long processing times
- May block withdrawals completely
- Bonus terms trap your money
Stonley Trading Ltd. Reviews: Pros and Cons
Pros | Cons |
None (this is a confirmed scam) | No regulatory licenses |
| Â | Brand new suspicious website |
| Â | Extremely high deposits required |
| Â | Dangerous leverage levels |
| Â | Hidden fees and costs |
| Â | Withdrawal problems |
| Â | Pressure sales tactics |
Why Dealing With An Unlicensed Broker Is Risky?
Trading with Stonley Trading Ltd. carries substantial risks. These include the potential for total loss of your initial deposit, compromise of your personal identity, fraudulent activity targeting your credit card, unauthorized access to and theft from your bank account, absence of legal protection, and the inability to recover any funds lost.
Client Feedback
Most reviews are negative. Real clients report:
- Lost deposits
- Blocked withdrawals
- Pressure to deposit more
- Account managers disappearing
- No support responses
- Blocked account access
Here are some of the clients’ feedback:
How Can “Reviewsadvice.com” Help You If You Get Scammed?
If you have lost money to this scam, we encourage you to take the following steps:
- Contact us for a free consultation
- Save all communications with your broker
- Document all of your transactions
- Try a bank chargeback
- Report the scam to the relevant financial authorities
- Join our recovery process and
- Help warn other traders about this scam
Final Thought
Stay far away from Stonley Trading Ltd. This is a clear scam designed to steal your money. Their new website, fake address, missing licenses, and high deposit demands prove they are fraudulent. Choose only regulated brokers with real licenses and long histories. Never trust brokers that demand huge deposits or promise big bonuses.
