Stone Edge Capital – scammers or a decent broker?

S

Stone Edge Capital – what we know and have as facts about it; This is the trade name of Stone Edge Capital (Cyprus) Limited, which is authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC) under license number 311/16. This license allows it to conduct various financial services, including receiving, transmitting, and executing customer orders.

We found on the company’s website that it uses the STP (Straight Through Processing) model to execute orders, connecting clients directly to the liquidity providers. However, the Best Execution Policy file claims that Stone Edge Capital may act as a principal or as an agent. When it acts as a principal, it is a counterparty to each customer’s deal. This means that Stone Edge Capital will act as a market maker and this leads to a conflict of interest. Market makers do not transmit every customer order for hedging and hope that clients will lose. Every loss of customers is their profit.

So far, we have not received any complaints from customers of Stone Edge Capital. If you have any criticism to share with us or feel annoyed by Stone Edge Capital, please fill in the form below, detailing your case. Once we have made your case public, we may attempt to mediate between you and Stone Edge Capital if you wish.

Add Comment

By FxBrokerComplains