Scam WatchPakistan
Record · SW-stonex-europe-ltd
You looked up forex.comSeen from Pakistan

STONEX EUROPE LTD


Pakistan does not license retail forex brokers, so no broker holds a local licence here. That is how this market is built, not a sign of fraud.

Last read2026-09-29

No local licensing here

STONEX EUROPE LTD

Which company you actually sign with in Pakistan, and whose licence that is.

ACompany
STONEX EUROPE LTDthe company you looked up
RegisterCyprus Securities and Exchange Commission
Licence400/21
BCompany
StoneX International Ltdanother company under the same brand
RegisterFinancial Services Authority (Seychelles)
Licenceno number published
Not read by us yet

RegulatorLast read

Pakistan does not license retail forex brokers, so no broker holds a local licence here. That is how this market is built, not a sign of fraud.

Tier
Regulator · held by
Licence
Supervision
Compensation
1 comparable supervision
Cyprus Securities and Exchange CommissionSTONEX EUROPE LTDdomain you looked up · 2026-09-29
400/21
Full: capital requirements, client-money segregation, regular reporting.
A scheme exists, but it usually does not cover clients resident abroad.
2 offshore registration
Financial Services Authority (Seychelles)StoneX International Ltddomain you looked up · 2026-09-29
no number published
Formal: the registration is real; supervision is limited.
None.
Same brand, other companies

DIFFERENT legal entities trade under one brand here, on different licences. The one you sign with decides which rung you are on: the protection differs, and the licence the brand advertises on its site may not be the one you get.

Sources we read

CY-CYSEC248good 2026-09-29tried 2026-09-29read
CY-ESMA327good 2026-09-29tried 2026-09-29read