The brokerage company considers itself a leader in the stock market, as it offers its clients the opportunity to trade on exchanges around the world. In addition, the intermediary promises traders to protect their investments through modern security measures. However, the firm does not specify the start date or place of registration and is silent about the availability of a license.
Should you believe these claims and invest your money in this project? In our Stanford Market review, we will find out what kind of broker it is and how risky it is for you to trade here.
How to Trade
The brokerage organization promises users smooth trading and 24/7 support from a “team of experienced financial experts”. You will find on the platform:
- 5 asset classes, including forex and cryptocurrencies.
- 5 trading plans with minimum deposits ranging from $250 – $100,000.
- Bonus and referral programs.
Transactions are made in cryptocurrency or via bank cards. Your withdrawal request will be processed within 10 days.
Additional services such as stock quotes, market news, and educational resources are available on the site. Tech support helps customers around the clock.
Stanford Market Vital Info
CEO, James Thompson, is presented on the site not only as a leader but also as a visionary with extensive experience in CFD trading. It is worth noting that there are no other facts about the history of the company. As for the lifespan of the project, the footer of the site indicates 2011. Besides, all internal documents contain the date 13/02/2020. However, the domain was not created until March 2024, which tells us that the broker is very fresh, as this is the only confirmed start date for the platform.
The UK phone number listed on the website suggests that the brand is registered in this country. However, we did not find Stanford Financial Ltd. in the UK register of legal entities. In addition, the firm is not authorized by the FCA regulator. We wonder why the broker is hiding information about its location and the licensing of its activities.
I have a negative opinion about this platform after two weeks of actively working on it. I traded with this company quite successfully, but I was disappointed after I tried to withdraw my profits. I made €362 and decided to check how fast the cryptocurrency withdrawal works. I placed a withdrawal request for the equivalent of €250. Then I received an email notification about verification issues, even though I passed it immediately after registering. The stanford financial operator asked me to send the documents, which I immediately complied with. However, my withdrawal request remained unfulfilled even after sending the documents a second time. My attempts to provide scanned copies of the documents for the third time were rejected and communication with support was futile. The broker is still not taking any action and the operators are now not even answering my questions that I send via email. Please stay away from this fraudulent company.
I would not recommend working with this brokerage firm. Even though its analysts seem competent and promises of earnings inspire confidence, it is just a disguised deception. I was faced with the fact that despite paying the minimum deposit when opening an account, my balance remained at zero. This is unprofessional and unscrupulous on the part of the broker. It seems that the founders of the project are only interested in getting you to invest any amount, and they do not provide any services in return. You should better avoid such brokers to keep your money in your wallet!!!
I identified significant flaws in the swaps system when analysing the stanford-financial.com platform. Swaps have proven to be very high for long term EUR/USDT positions and any potential gains will be offset by these costs. My losses due to unreasonably high swaps totalled over 2,500 USDT for the month. My attempts at dialogue with the broker's representatives ended only in formal replies and did not lead to any changes.
I have been looking for a broker with similar terminal and platform features for a long time. I prefer to trust British resources and for good reason! I manage to earn good amounts of money on stanford-financial.com. Managers treat clients perfectly and monitor the work of the trading programme. Withdrawal of profits is easy and very fast :) At the moment, among all the intermediaries I have come across, this one looks the most promising. I have not noticed any strange behaviour on the part of the employees or charging my deposit incomprehensible commissions during the whole period of cooperation with Stanford Financial. As for the capabilities of the trading terminal, I want to emphasise its efficiency and reliability! Last month I was able to earn about $3,000 thanks to this. I want to pay more attention to trading and therefore increase my income shortly.
I have never encountered any delays or other problems, this intermediary is really fine with withdrawals. However, I don't like the fact that sometimes the terminal freezes. It does not affect my income, but sometimes it makes my heart beat faster :( Also, I would like to mention that the commissions on this platform are very high. I want the managers to fix these shortcomings and then I will give the platform the maximum rating!!!
I decided to invest all my funds in Stanford financial because the manager guaranteed me a stable profit. Indeed, at first trading seemed promising to me - the numbers on my trading account were growing, and I planned to use these funds to treat my mom. But in the end, this resource turned out to be a cruel scam. When my profits accumulated in my account, I tried to withdraw $2,500, but the operators refused me, claiming that it was too much for the first withdrawal. I then started withdrawing $300 each, hoping to withdraw enough money for treatment. The money came steadily and I believed that I could help my mom. However, after that the managers convinced me to invest even more, promising that I would get even bigger earnings. I took out a bank loan and invested everything. The profits were good again, but when I tried to withdraw, there was a demand from the company staff to top up my account to pay some fees. I wrote to them about my mother, my difficulties in funding my account, my struggle for my mom's life. However, my account was just blocked in response. I have tried calling Stanford financial but no one answers, I have emailed but they have not even thought to refund my money. I don't know how to keep fighting for my funds, but I'm not ready to give up...