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Abstract：Stockity is an online brokerage firm established in 2022 and registered in the Marshall Islands. While it has established a marketing presence in regions such as Indonesia, South America (Argentina, Brazil, Colombia, Peru, Chile), and parts of Asia (India, Thailand), its regulatory standing raises significant concerns. With a WikiFX score of just 1.42 out of 10, Stockity is categorized as a high-risk entity due to the absence of valid regulatory licenses and multiple unresolved user complaints.
Stockity is an online brokerage firm established in 2022 and registered in the Marshall Islands. While it has established a marketing presence in regions such as Indonesia, South America (Argentina, Brazil, Colombia, Peru, Chile), and parts of Asia (India, Thailand), its regulatory standing raises significant concerns. With a WikiFX score of just 1.42 out of 10, Stockity is categorized as a high-risk entity due to the absence of valid regulatory licenses and multiple unresolved user complaints.
The primary indicator of a broker's safety is its regulatory oversight. Based on the available data, Stockity operates without authorization from any major financial regulator.
| Entity Name | Registered Country | License Type | Regulatory Status |
|---|---|---|---|
| Stockity | Marshall Islands | None | Unregulated |
Stockity is registered in the Marshall Islands, a jurisdiction often referred to as an “offshore zone.” While registration in the Marshall Islands is legal, it does not equate to financial regulation. Brokers registered here are not subject to the strict capital requirements, segregated account rules, or compensation schemes enforced by Tier-1 regulators like the FCA (UK) or ASIC (Australia).
The data confirms that Stockity does not hold a valid license from any financial institution. This lack of oversight means that if the broker becomes insolvent or denies withdrawals, clients have no government-backed authority to turn to for dispute resolution.
Despite being a relatively new broker (founded in 2022), Stockity has already accumulated significant negative feedback. Several users, particularly from Indonesia, have reported serious issues regarding withdrawals and alleged market manipulation.
One user reported a severe incident where they deposited 4.5 million (local currency) and executed only two trades before deciding to withdraw their funds. upon attempting the withdrawal, the user was automatically logged out of their account after two minutes. They remain unable to log back in, and their funds are inaccessible. The user contacted the support email (support@stockity.id) but received no helpful resolution.
Multiple traders have reported a pattern where trading results seem improved during the initial account creation phase but deteriorate immediately after subsequent deposits. One user stated they deposited more than three times, noting that they could “only win at the beginning of the deposit,” followed by consistent losses. Another complaint echoed this sentiment, claiming the platform allows deposits easily but results in constant losses after the initial “winning” phase, describing the experience as a scam.
These complaints suggest a pattern of behavior often associated with unregulated entities: offering an illusion of profitability to encourage deposits, followed by difficulties in retrieving funds or sudden trading losses.
Stockity offers limited channels for customer support. According to the data, support is provided primarily in English.
The lack of instant support channels, such as a direct phone line or 24/7 live chat with immediate human response, is a disadvantage for traders who require urgent assistance with technical issues or withdrawals.
Based on the factual analysis of Stockitys operations and user feedback, here is a summary of its strengths and weaknesses.
No, we do not recommend trading with Stockity.
The combination of an unregulated status, a low safety score of 1.42, and verified user complaints regarding withdrawal failures and account lockouts presents an immediate risk to client funds. The broker operates out of the Marshall Islands without the oversight required to ensure fair trading practices.
Although the broker is active in several countries, including Indonesia and Brazil, the lack of a regulatory safety net means traders are effectively operating without protection.
Recommendation: Traders should prioritize brokers that are regulated by Tier-1 authorities to ensure the safety of their capital. Always verify a broker's license and read the latest user exposure stories before depositing funds.
For the most up-to-date information on broker regulations and to check the latest scam alerts, use the WikiFX App to protect your investments.
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
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