Stockpilecapitalmarkets is a CFD broker whose official website domain was registered on June 23, 2023. This broker primarily offers investment services to investors in forex, cryptocurrencies, indices, stocks, energies, and commodities, and does not provide services to countries and regions where it may violate local laws or regulations.
Corporate Registration Information and Regulatory Status
According to publicly available information on Stockpilecapitalmarkets’s official website (www.stockpilecapitalmarkets.com), the broker was established in 2016 and claims its corporate entity is ASN, regulated by the Australian Securities and Investments Commission (ASIC). However, the broker has not disclosed the corporate entity registration details or comprehensive regulatory information.
After investigation, it was found that the Australian Securities and Investments Commission (ASIC) has no records of a regulated company named “ASN.”
Therefore, Stockpilecapitalmarkets (www.stockpilecapitalmarkets.com) is essentially a fraudulent broker website without any corporate entity or regulatory oversight.
Account Opening Process
The process to open a trading account with Stockpilecapitalmarkets is as follows: Visit the broker’s website, click "Open Account" on the homepage or "SIGN UP" at the top right corner to navigate to the account registration page, fill in your personal information such as name, email address, and set a login password as required, then submit it. After submission, the account can be successfully registered upon verification.
Trading Instruments
Stockpilecapitalmarkets offers a variety of trading products to clients, including forex, indices, commodities, stocks, and cryptocurrencies.
- Forex: Forex trading involves the exchange of different currencies, known for its high liquidity, allowing traders to profit from fluctuations in exchange rates.
- Indices: Index trading allows speculation on the performance of entire markets or specific sectors without trading individual stocks, offering diverse trading opportunities and leveraging to enhance potential returns.
- Commodities: Commodity trading covers key resources in the global market, allowing traders to buy and sell various raw materials, including metals, energy, and agricultural products.
- Stocks: Stock trading enables investors to participate in the price movements and dividends of public companies based on their performance without actually owning the stocks.
- Cryptocurrencies: Cryptocurrency trading offers digital currency enthusiasts the opportunity to profit from highly volatile assets.
Investment Plans
The Stockpilecapitalmarkets website does not disclose information on account types, spreads, trading leverage, margin call/stop loss levels, trading commissions, minimum/maximum trade size, maximum position/order volume, or minimum price increments.
Trading Platform
Stockpilecapitalmarkets offers a proprietary trading platform, claiming an average order execution speed of less than 7.12 milliseconds, featuring comprehensive liquidity providers, with more than 12,000 orders executed per second.
Deposit and Withdrawal
Stockpilecapitalmarkets does not support deposits and withdrawals via credit cards or bank wire transfers; it only supports transactions through cryptocurrencies.
Conclusion:
Traderknows reminds investors that Stockpilecapitalmarkets is a scam broker that lures investors with high returns. The website has no actual company entity or any regulation, and the contact method is limited to email. Investors are advised to choose brokers with transparent information, strong regulation, and good reputation to avoid unnecessary financial losses.
Currently, this broker is labeled as a "Scam" on Traderknows.
