St Clair Capital Group Review (2023)

• Company name: 

St Clair Capital Group

• Registration Address/ License:

Japan. No License, No Regulation. 

St Clair Capital Group is a trading name of the firm that claims their address in Japan and concerned about its trustable trading environment through a world-class leader portfolio management, stockbroking and wealth. However, being located in Japan the financial investment firm should be authorized by the local regulator JFSA (Japan Financial Service Agency) in order to be a legal entity. As this is not the case of St Clair Capital Group we recommend to avoid its offering, as simply there is no any supervision under the company that can confirm numerous attractive states of the offering.  Also, why would a serious company put their clients at highest risk and not include protective tools to their proposal with a first step, which is obtained an official license?

In addition, the St Clair Capital Group broker’s offering and targets of the residents was detected also beyond its original location, by the European authorities that are constantly checking on the available offerings and secure clients from potential frauds. Therefore, the St Clair Capital Group was listed in an alert list by the Netherlands and followed by numerous regulators around.

“The AFM warns consumers not to accept offers from St Clair Capital Group. This company is probably a boiler room.”

AFM, Netherlands. April 2018.

Conclusion

Well respected financial authorities like the Financial Conduct Authority (FCA) in the UK, the Australian Securities and Investments Commission (ASIC) or the Cyprus Securities and Exchange Commission (CySEC) are effectively enforcing strict financial and ethical rules on all overseen brokers. That’s why we recommend choosing among the brokers regulated with the mentioned authorities. Traders should trade with well-regulated brokers (Top 10 Forex Brokers in the World) such as UK brokers or brokers in Australia and reliable brokers such as FP Markets and TMGM.