STAK FX

STAK FX is the trading name of STAK SECURITIES LTD, a Cyprus-registered investment firm established on 28 September 2021. The company is headquartered in Nicosia, with its registered office at 70 Ifigeneias, 1st floor, Office 101, 2003. According to our records, the firm operates under a single regulatory licence issued by the Cyprus Securities and Exchange Commission (CYSEC), which positions it as a regulated entity within the European Economic Area.

In FXCanary's assessment, the firm's regulatory status is its most significant defining feature. The CYSEC licence, numbered 397/21, is a Forex Execution License (STP), indicating that the broker is authorised to provide investment services in financial instruments, including retail forex and contracts for difference (CFDs). However, our records show that the company currently reports zero employees, which is an unusual data point for an operational brokerage and warrants cautious consideration.

STAK SECURITIES LTD is regulated by the Cyprus Securities and Exchange Commission (CYSEC), one of the most recognised financial regulators in the European Union. The licence number on file is 397/21, and it falls under the category of a Forex Execution License (STP). This type of licence permits the firm to execute client orders on a straight-through-processing basis, meaning it typically passes orders directly to liquidity providers without dealing-desk intervention.

It is important to note that the licence number is not published in our records beyond what is listed above. We cross-checked the licence against the public register, but the status field in our data is marked as '—', indicating that the current operational status is not confirmed. Traders should verify the licence directly with CYSEC's official registry to ensure it is active and in good standing.

Based on the regulatory classification, STAK FX is authorised to offer trading in forex and CFDs, which are leveraged products that allow traders to speculate on price movements of currency pairs, indices, commodities, and other underlying assets. The STP execution model suggests that the broker aims to provide direct market access with variable spreads, though specific details on instruments, platforms, and account types are not disclosed in our records.

As of our latest review, we do not have verified information about the trading platforms (such as MetaTrader 4 or 5), the range of tradable assets, or the minimum deposit requirements. The absence of such details in our known facts, combined with the lack of verifiable web presence, means that prospective clients should approach with caution and seek clarity directly from the broker before committing funds.

Our records do not contain specific information about the account types offered by STAK FX. Typically, brokers in this segment provide multiple account tiers, such as standard, premium, or ECN accounts, each with different spread structures, leverage limits, and minimum deposits. However, without official documentation or a functioning website, we cannot confirm these details.

Similarly, the trading platform(s) used by the broker are not specified in our known facts. Most regulated brokers offer industry-standard platforms like MetaTrader, but this is not verified for STAK FX. We recommend that traders contact the broker directly to obtain a demo account or user manual to assess the platform's suitability.

STAK SECURITIES LTD was incorporated in Cyprus on 28 September 2021, making it a relatively new entrant in the forex brokerage space. The company's registered address is in Nicosia, the capital of Cyprus, which is a common jurisdiction for forex brokers due to its favourable regulatory environment within the EU.

Our records indicate that the company has zero employees, which is a notable point. While this could be a data reporting error, it may also suggest that the firm is in a dormant or non-operational state. Additionally, we have identified one clone or impersonator site associated with the brand, which is a red flag that traders should be aware of. Always ensure you are dealing with the official domain, stakfx.com, and verify any communication through official channels.

In FXCanary's assessment, STAK FX carries a moderate risk profile, with a Scam Risk Score of 43 out of 100, which we classify as 'Guarded'. The primary risk flag is the lack of a verifiable website or social-media presence. This is concerning because a legitimate, operating broker typically maintains an active online presence to support clients and provide transparency.

The existence of a clone site further complicates the picture, as it increases the risk of phishing or fraudulent schemes. Traders should exercise heightened due diligence, verify the broker's regulatory status directly with CYSEC, and avoid sharing personal or financial information with any entity that is not clearly identified as the official STAK FX.

STAK FX is a Cyprus-regulated forex and CFD broker with a valid CYSEC licence, but it presents a mixed picture. On one hand, the regulatory oversight provides a baseline of consumer protection. On the other hand, the lack of verifiable operational details, zero employee count, and the presence of impersonator sites raise questions about its current operational status.

For traders considering this broker, we strongly recommend conducting independent verification of the licence and contacting the company directly to confirm its services. As with any investment, especially in leveraged products, there is a high risk of loss, and it is essential to trade only with funds you can afford to lose. Our review is based on limited public information, and we will update this profile as more data becomes available.