About STATOK LTD
Who Is STATOK LTD?
STATOK LTD, operating as Statok Brokerage Company, is a Cyprus-registered investment firm. The company was formerly known as SMSG Limited and changed its name to STATOK LTD in February 2024, according to records from the Belgian financial regulator FSMA. Its official website, statok.global, presents the firm as an EU-licensed specialist broker-dealer serving professional and institutional clients.
Based in Larnaca, Cyprus, the firm focuses on providing access to US equity markets. It positions itself as a service provider for hedge funds, professional traders, and regulated financial intermediaries such as broker-dealers and asset managers. The company employs a small team, with industry data suggesting around 15 staff members, and reports a founding year of 2017.
Regulatory Status
STATOK LTD holds a CySEC licence under the Markets in Financial Instruments Directive (MiFID). The licence number is 403/21, and the status is listed as Authorised. This licence permits the firm to operate as a Cyprus Investment Firm (CIF) and to provide investment services across the European Economic Area under passporting rights.
Cross-border notifications have been recorded with regulators in Belgium and Estonia, confirming the firm's intent to provide services in those markets. The Belgian FSMA lists the firm under 'Free provision of services by EEA investment firms', while the Estonian FSA lists it as a provider of cross-border investment services. These registrations align with the company's stated focus on professional clients within the EU/EEA.
Products and Instruments
The broker's product range centres on US-listed securities. According to its website, clients can access US stocks, ETFs, warrants, depository receipts, and OTC securities. The firm emphasises its ability to provide access to top US equity trading venues, which is a key part of its value proposition for professional clients.
The company does not appear to offer retail leveraged forex or CFD trading. Its client categorisation explicitly limits services to professional clients and eligible counterparties under MiFID, which suggests a wholesale or institutional focus rather than a retail-facing operation.
Client Base and Eligibility
STATOK LTD states that it provides services only to professional clients and eligible counterparties in the MiFID meaning. This includes clients located in the EU/EEA area, as well as in certain third countries such as the UAE and Ukraine. The firm's client documentation includes account opening packs for both legal entities and natural persons, indicating that it serves corporate and individual professional investors.
The firm's website includes a range of client forms, such as funds withdrawal forms, FX order forms, and order cancellation forms. These documents suggest that the firm handles a variety of transaction types, including foreign exchange conversions as part of its securities services, but the core offering remains equity brokerage.
Corporate Background and Presence
The company is headquartered in Larnaca, Cyprus, with an address listed as Stratigou Timayia 15, Linda Court, 2nd Floor, 6051 Larnaca. It also reports a presence in Germany, according to aggregated industry data. The firm's LinkedIn page indicates a modest following, with around 1,092 followers, and it is described as a privately held capital markets company.
Industry databases note that the firm was founded in 2017, although the exact founding date is not confirmed in our records. The company changed its legal name from SMSG Limited to STATOK LTD in early 2024, which may reflect a rebranding or restructuring. The firm's website is professionally designed and includes a comprehensive set of disclosures and client documents, which is typical for a regulated investment firm.
Risk Considerations
In FXCanary's assessment, STATOK LTD presents a guarded risk profile, with a Scam Risk Score of 34 out of 100. This score reflects the fact that the firm is properly licensed by CySEC, which is a reputable regulator, and that no clone or impersonator sites have been identified. However, the firm has no verifiable website or social-media presence beyond its own domain, which limits independent verification.
Traders considering this broker should note that it is not a retail forex broker and does not appear to offer leveraged CFD products to individual traders. Its focus on professional clients means that retail investors may not be eligible for its services. As with any financial firm, we recommend verifying the licence directly with CySEC and reviewing the firm's disclosures before engaging.
Overview compiled by FXCanary from regulatory records and public data. full STATOK LTD review