stonefort

Stonefort Securities Limited operates under dual regulatory oversight from the Mauritius Financial Services Commission (FSC) with a Securities Trading License (GB24202921) and the UAE Capital Market Authority (CMA) with an Investment Advisory License (20200000226). According to WikiFX data, the broker holds a total score of 6.02, reflecting a balanced regulatory and operational profile. While no broker is entirely risk-free, the presence of recognized licenses and a structured trading environment indicates a credible framework for client protection.

Yes, stonefort is regulated. It holds a Securities Trading License from the Mauritius Financial Services Commission (FSC) under license number GB24202921, and an Investment Advisory License from the UAE Capital Market Authority (CMA) under license number 20200000226. Both licenses are active, confirming the broker’s regulated status in these jurisdictions.

The minimum deposit varies by account type. The Starter account requires a minimum deposit of $50, the Advanced account requires $3,000, and the Elite account requires $10,000. For traders starting with lower capital, the Starter account provides the lowest entry point.

Stonefort supports the MT5 trading platform with a genuine full license. MT4 is not listed among the platform options. The MT5 platform is known for its advanced charting tools, algorithmic trading capabilities, and multi-asset support.

Pros: 1. Dual regulatory oversight by the FSC (Mauritius) and CMA (UAE) provides a structured compliance framework. 2. Low minimum deposit of $50 on the Starter account makes it accessible to a wide range of traders. 3. Competitive spreads from 0.1 pips on the Elite account, along with positive user feedback on withdrawal efficiency and customer support. Cons: 1. High maximum leverage of 1:1000 on the Starter account may amplify risk for inexperienced traders. 2. Execution speed metrics are not publicly available, making it difficult to assess order fulfillment performance. 3. Only MT5 is supported; traders preferring MT4 will need to adapt.

According to WikiFX data, user reviews for stonefort are predominantly positive. Ten user comments highlight efficient withdrawals, competitive spreads, responsive customer support, and a user-friendly platform. No significant complaints or negative exposure have been recorded in the available data.

Stonefort Securities does not hold a license from the UK Financial Conduct Authority (FCA). Its regulatory coverage is limited to Mauritius and the UAE, so availability for UK residents is not confirmed. Traders in the UK should verify directly with the broker whether services are offered in their region.

Stonefort offers three account types: Starter, Advanced, and Elite. The Starter account requires a $50 minimum deposit, offers maximum leverage of 1:1000, and spreads from 1.3 pips. The Advanced account requires $3,000, leverage up to 1:500, and spreads from 1.0 pips. The Elite account requires $10,000, leverage up to 1:200, and spreads from 0.1 pips. All accounts support precious metals, stocks, indices, currency pairs, commodities, and cryptocurrencies, and allow scalping, hedging, and EA usage.

Leverage varies by account: Starter offers up to 1:1000, Advanced up to 1:500, and Elite up to 1:200. High leverage can amplify both profits and losses. For example, a 1:1000 leverage allows controlling a $100,000 position with $100, which significantly increases risk exposure. Traders should carefully assess their risk tolerance and use appropriate risk management strategies.

User reviews for stonefort are overwhelmingly positive. Traders have praised the broker for fast withdrawals, competitive spreads, responsive customer support, and a stable trading platform. Specific mentions include efficient payment processing, transparent IB programs, and helpful representatives such as Hassan Abdulla and Jack. No negative reviews or complaints are present in the WikiFX data.

To determine whether a broker is regulated, the key is to verify whether it holds a valid financial license. Investors can check the license number and status through the official websites of regulatory authorities (such as Financial Conduct Authority, Australian Securities and Investments Commission) to confirm whether the license is real and under valid supervision. It should be noted that some brokers may engage in license cloning or unauthorized operations, meaning they use another company's license or provide services in regions where they are not authorized. These situations also involve risks. In addition, investors can use WikiFX to check the broker's regulatory status, historical records, and risk ratings as supporting reference, so as to evaluate its compliance more comprehensively.

A cloned broker website refers to a fraudulent website that imitates the information of a legitimate broker. Such websites usually copy the real company's brand name, page design, and even regulatory information to mislead investors into making deposits. Common features include: a domain name highly similar to the official website (such as slight spelling differences), abnormal or unverifiable contact information, and promises of unusually high returns. Once funds enter such platforms, they are usually difficult to recover. Investors can identify potential risks by checking the official domain name, verifying regulatory information, and using WikiFX for cross-verification.

WikiFX is a third-party platform that provides forex broker information inquiry and risk alerts. This type of platform mainly integrates brokers' regulatory information, user feedback, and historical records, and conducts comprehensive evaluation through a multi-dimensional model to help investors quickly understand the broker's basic situation and potential risks. By using such tools, investors can conduct preliminary screening before choosing a broker, thereby reducing decision-making risks caused by information asymmetry.

Recovering funds after investment fraud can be difficult, but taking timely action may still help recover part of the losses. It is recommended to take the following actions immediately: keep trading records, chat records, and other evidence; contact the bank to try to stop or freeze the payment; report the case to local law enforcement agencies. In addition, investors can also use WikiFX complaint and exposure channels to increase the visibility of problematic platforms and improve the efficiency of rights protection.

WikiFX ratings are calculated based on a multi-dimensional data model, mainly including five dimensions: regulatory index, license index, business index, risk control index, and software index. The rating adopts a range system (0-10 points). The higher the score, the higher the broker's overall performance level. In addition, ratings are dynamically updated according to regulatory changes, complaint handling results, and historical data performance, making the rating more objective and timely. You can check the scores of each dimension and their trends on the WikiFX platform to evaluate the broker's actual situation more comprehensively.