Seastock24 Review – Scam or Legit Online Broker? Let’s find out!

Rating
Broker status Offshore Scam Broker
Regulated by Unlicensed Forex Provider / No Regulation
Scammers Websites Seastock24.com
Blacklisted as a Scam by N/A
Owned by N/A
Headquarters Country N/A
Foundation year 2022
Supported Platforms Web Trader
Minimum Deposit $250
Cryptocurrencies Forex, commodities, indices, shares, cryptocurrencies
Types of Assets Available – BTC, XRP, BCH
Maximum Leverage 1:50
Free Demo Account No

Is Seastock24 an unregulated scam broker?

Seastock24, an anonymous brand, claims to be “owned, operated under SeaStock24 in the European Economic Area.” To be true, Seastock24 regulation must be with one of the EEA zones authorities such as CONSOB, BaFin, or CNMV. After thorough testing, we could find nothing.

The firm must also comply with ESMA regarding leverage caps as an EEA broker. The law prohibits the offering of 1:50, since the MiFID directive allows only 1:30 for FX pairs. Other assets are not allowed.

We have now explained who the broker is. It is clear that your funds may not be safe. If you have any questions about Seastock24 or its business, please contact our team.

Seastock24 is an anonymous, unregulated trading company. The company provided unclear legal documents that did not contain any valid information. Negative reviews are indicative of low trust and problems with payments.

Seastock24 Trading Scam Active

Based on our research, and the many complaints that we have received, it appears that the Seastock24 trading fraud has mainly been in:

  • Germany
  • Canada
  • Sweden
  • Norway

According to GoDaddy WHOIS, the web page was online since June 23, 2022. Your report could help us to pressure the authorities to ban this trading fraud. Do not hesitate to lodge a complaint.

What trading platforms are available? – Trading Software

Seastock24’s trading platform was not available for review. To access the software, your broker account must be approved. We were still waiting for approval when we completed our review.

WebTrader, mobile and desktop apps are all offered by the company. We tried to download the mobile app but it didn’t work. Instead, BlueStack was downloaded, which is a mobile simulator. There wasn’t a mobile app.

It’s not clear if Seastock24 has any platform. However, one thing is certain: you won’t have access to third-party software such as MT4, MT5, and cTrader. These platforms are much more reliable and have millions of users. If your account is approved, you can still hope for a browser-based option.

What trading assets does the broker offer?

According to the company, it offers a standard set of trading assets that include:

  • Currency pairs – EUR/USD. GBP/NOK. AUD/SEK.
  • Commodities – gold, natural gas, palladium
  • Indices – IBEX35, NIKKEI225, BE20
  • Shares – Amazon, Alibaba and Intel
  • Cryptocurrencies – BTC, BCH, USDT

We cannot confirm or denial this without platform access. We cannot also access the software to verify the offer because we are not required to disclose any fees. There are many reasons not to fall for the Seastock24 scam.

Trading Accounts Review: What’s the Difference Between Them?

You can still choose from one of five Seastock24 account types if you are interested.

  1. Beginning – $5,000
  2. Trader – $10,000
  3. Expert – $25,000
  4. VIP – $50,000
  5. Exclusive – 100,000

Leverage can be as low as 1:10 to 1:150. Expert accounts allow you to receive trading signals. The other benefits are the same.

The Deposit section states that the minimum amount to invest is $250 with a credit card or $10,000 by wire transfer.

Chargeback Is Your Solution!

A chargeback is the retroactive cancellation and refund of a charge made using your credit card, wire transfer or some other payment methods.

By putting together a compelling chargeback strategy from beginning to end, victims of online fraud have a relatively high probability of recovering some of all of their funds lost.

However, using a trustworthy service such as MyChargeBack is critical in this endeavour as a typical chargeback process can often be complex and drawn out without the right guidance.

Request a free consultation today by clicking the button below!

Free consultation

What is a chargeback?

Chargebacks are a way for your bank to reclaim funds from the merchant. We recommend that you contact us immediately to initiate the process. In a free consultation, we will discuss how to get your money back immediately!

Seastock24: Video

Below you will find a short video about Seastock24. Watch it so you don’t miss anything important. In a few minutes you’ll learn the whole truth about Seastock24!

FAQ

  • Seastock24 is a legitimate broker. Should I invest in it?

    Seastock24 is a financial fraud. We invite you to contact us if you have lost your investment and are unable to get the money back.

  • What is the Seastock24 Minimum Deposit?

    Seastock24 requires a $250 minimum deposit via credit card or wire transfer.

  • Seastock24: Are my funds safe?

    Seastock24 isn't licensed and makes false claims that it is authorized in the EEA area. This means your funds will not be safe.

  • Seastock24 Demo Account - Can I Trade For Free?

    The trading software was not accessible to us. We believe that you will be pressured into depositing immediately because the account requires approval.

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