Stone Bridge Ventures, a broker that claims to never miss a trading opportunity, caught our attention. We, however, won’t miss the chance to investigate whether this is just another scam or a legitimate platform. Stay tuned to read our findings in this concise review.
- Stone Bridge Ventures General Information
- Registration and Client Portal Review
- Trading Conditions
- Account Types Review
- Trading Platform
- Stone Bridge Ventures — Deposit and Withdrawal of Funds
- Verification
- Additional Options
- Is Stone Bridge Ventures a Scam?
- Legal Information and License
- Stonebridgeventures.com Domain Info
- Contacts Review
- Pros and Cons
- Frequently Asked Questions (FAQ)
Stone Bridge Ventures General Information
Website | https://stonebridgeventures.com/ |
Phone Number | +44 8081 753 962 |
support@stonebridgeventures.com | |
Address | Saint Vincent and The Grenadines |
License | — |
Minimum Deposit | $200 |
Assets | CFDs |
Leverage | Up to 1:400 |
Trading Platform | WebTrader |
Registration and Client Portal Review
The official website is packed with fancy phrases and self-praise, labeling their platforms as “next-generation software.” However, upon closer inspection, there is nothing groundbreaking to justify such claims. The site appears to be quite typical, offering standard account types and features. One glaring issue that caught our attention was the lack of legal information and the overall lack of informative content. The broker seems to rely on flowery language rather than providing essential details about its operations.
The registration process at Stone Bridge Ventures is surprisingly straightforward and requires minimal information from users. Unlike other brokers, there are no lengthy questionnaires about trading experience. In fact, the platform barely verifies email addresses and phone numbers, making it remarkably easy to sign up. While this simplicity may seem appealing, it also raises concerns about the broker’s commitment to security and client protection. Traders should exercise caution when dealing with a broker that takes such a lax approach to user verification.
Stone Bridge Ventures combines its client portal and trading terminal, providing traders access to both from a single interface. While the concept of integration might sound appealing, execution leaves much to be desired. The personal account is indeed simple and includes all the essential functions one might need. However, the amalgamation of the client portal and trading terminal can lead to a cluttered and confusing user experience. Traders may find it less user-friendly compared to dedicated and separate platforms that offer a more streamlined and intuitive trading process.
Trading Conditions
The broker takes pride in its trading conditions, but let’s delve deeper to assess if they truly match their claims.
Account Types Review
Stone Bridge Ventures offers a range of account types catering to different trading needs. We decided to explore their Gold account, designed for newcomers, which requires a $200 deposit. With this account, traders supposedly benefit from a 30:1 leverage, access to platform-related educational materials, and tight spreads starting from 1%.
To access marginally improved trading conditions, like spreads from 0.75% and additional services, traders need to commit a substantial deposit of $10,000. The discrepancy between these two account types is quite significant. So, what do clients receive in exchange for such a sizable investment? The upgraded package includes a personal manager, weekly market analysis, access to a diverse range of over 200 trading assets, and exclusive invitations to some events. While these perks may sound appealing, we are skeptical as many similar services are available elsewhere at no cost. If that’s not enough to raise eyebrows, brace yourself for even higher deposit requirements of $50,000 or $100,000 for the subsequent account levels.
Trading Platform
The trading platform offered by Stone Bridge Ventures appears to be lackluster and unimpressive. Its design is quite poor, and it lacks essential features that traders would expect from a modern trading platform. Moreover, it is a basic web-trader without any downloadable software for PC or smartphones, which can be a significant drawback for traders who prefer more flexibility and convenience.
Adding to the concerns, the platform’s manufacturer remains completely unknown, raising questions about its reliability and security.
Stone Bridge Ventures — Deposit and Withdrawal of Funds
The broker offers three deposit methods for its clients, including credit cards, bank transfers, and cryptocurrencies. The same options are available for withdrawals. However, it’s important to note that system charges a 1% fee for withdrawals, with a minimum of $30 and a maximum of $300. The withdrawal process may take 7-10 days, as stated in the withdrawal policy, which can be quite lengthy for traders looking for faster access to their funds.
Verification
Before initiating any withdrawals, Stone Bridge Ventures requires its clients to undergo a verification process. However, it is advisable to complete this process before depositing funds to avoid any potential delays in future withdrawals. The standard verification procedure typically involves the following steps:
- Upload clear and valid copies of government-issued identification documents, such as a passport, driver’s license, or national ID card.
- Submit a recent utility bill, bank statement, or any official document that verifies your residential address.
- If you plan to use credit cards for funding, you may be required to provide a copy of the front and back of your card with certain details covered for security purposes.
Additional Options
In addition, Stone Bridge Ventures offers a referral program where clients can invite other traders to the platform and earn rewards. Through this program, clients can receive a 10% commission on the referred trader’s deposit amount. The potential earnings from a single referral can go up to a maximum of $25,000. This referral program provides an opportunity for clients to earn extra income by introducing new traders to the platform and encouraging them to start trading.
Is Stone Bridge Ventures a Scam?
As we approach the most crucial and intriguing aspect of this broker — examining its legitimacy and reliability — stay with us. We will delve into the details to uncover whether the firm can be trusted and if it truly provides a safe and secure trading environment for its clients.
Legal Information and License
Gaining trust through reliable regulation stands as a fundamental pillar for any reputable broker. Unfortunately, the company appears to have departed from this essential principle. The absence of easily accessible legal information on their website sparks concerns, but our investigation didn’t end there. We proactively searched for StoneBridge Ltd in the registry of St. Vincent and the Grenadines, as stated in their Terms and Conditions. Surprisingly, the company was nowhere to be found in that offshore jurisdiction. This discovery casts serious doubts on the legitimacy.
Stonebridgeventures.com Domain Info
Curiously, the broker remains rather elusive about its operational history. The “About Us” section on their website lacks concrete information about their existence and experience in the field. Instead, it contains ambiguous statements about their mission and objectives, leaving potential clients in the dark about the company’s background and track record. Such a lack of transparency further raises suspicions and questions about their reliability.
In light of the aforementioned lack of transparency, we embarked on a more thorough investigation to shed light on the matter. Employing the web archive service, we uncovered that the domain was purchased in the year 2023. This revelation raises perplexing questions and adds another layer of uncertainty to the broker’s operational history. The relatively recent acquisition of the domain, coupled with the absence of concrete information about their establishment, casts doubts on the broker’s credibility and longevity in the financial industry.
Contacts Review
Stone Bridge Ventures offers limited contact options, providing only an email address and a phone number for clients to reach out to them. However, notably absent is a physical address. It is worrisome that a brokerage does not disclose their physical location, as it makes it difficult for clients to hold them accountable in case of any disputes or issues.
However, considering our investigation has already revealed the fraudulent nature of the company, the lack of a physical address does not come as a surprise.
Pros and Cons
- Referral program.
- Lack of regulation.
- Limited contact options.
- Questionable operational history.
- Limited trading platform features.
- Ambiguous withdrawal process.
Frequently Asked Questions (FAQ)
It offers a range of trading services, including various account types with different features and benefits.
The minimum deposit requirement to open an account is $200, as per their trading conditions.
Unfortunately, the lack of transparent regulatory information and questionable operational history raise concerns about its safety and legitimacy.
How could anyone even think of trading in this place?
Where is the demo account? That’s the question I’m interested in. And why is the first account type requiring only a $200 deposit, while the second one asks for $10,000? Why such a huge gap? Is there an Islamic account type available? How can StoneBridge provide education and analytics? In general, how can they offer brokerage services without a license? So many questions, but so few answers.
Scam, won't let you withdraw
I have been trading with stonebridgeventures.com for over 2 months and invested many thousands. They are not responding to my comments or allowing me to withdraw any of my money..They are a scam.
Scam
Total scam, promise to trade and make huge profits but then all of a sudden they are hard to get them to reply to your emails, get a phone call and you can’t phone them. They pretend to make a huge profit, you ask to withdraw and they fob you off until they supposedly loose the lot. Zero score.
SCAM
Absolute SCAM will take all your money, then tell you you have nothing left, was a bad trade. Then advise you you didn’t expect to get money for nothing, you have to pay taxes. All my money is gone.
What a shame, I fell for it!
Withdrawing funds here doesn’t work. I won’t elaborate on why I chose this terrible brokerage to avoid further embarrassment. But the fact remains – my money is now forever stuck in this place. Although, I realize that it’s not my money anymore. My money has long become the money of the fraudsters and scammers who created this fake broker, StoneBridge. The balance I see is just a pixel, a code on the website page, having nothing to do with real money. There’s no progress on my withdrawal request. No one returns the money. They don’t respond to emails, and there are no other contact details. So, I’m warning all other people not to fall for it. You’ll lose all your money just like I did.
Stonebridge Ventures- PROFESSIONAL SCAMMERS
These thieves, liars and scammers aka Stonebridge Ventures are destroying people’s lives, stealing people’s life savings. Nothing is real about what they state about themselves: location, the managers names, type of trades, website, email addresses that have been changed 3 times in less than 6 months, everything is fake and fraudulent!!! The only true thing about these bastards is that they will do everything possible to suck your money! They are diabolical!!! Some names that they use: Michael Cohen, Jason Miller, Daniel Andino, Michael Kazlowski, Joseph Hertz, Evelyn Hollander, Sofi Belkin, Alexa Thomson, Troy Debeers…all fake names, but real description…SCAMMERS!!! Stay away and spare your life from dealing with these diabolical individuals! I hope they will rotten in jail soon!
Stonebridge Ventures -Scammers!!!!
These scammers have changed their website 3 times in less than half an year. From .com, they went to .net and only 2 weeks after, to .io. Recently they notified their clients that they are going to change their website domain soon, again. What legit company would do that? They are trying to hide their fraudulent activity, probably thinking that they will never be caught. There are so many honest people who got scammed by these thieves, just search on different reviews websites like safewebtalk, reddit, reviews.io. Do not get mislead by the positive reviews, those are just paid advertisement! People who got deceived by Stone Bridge Ventures’s smooth talking “accounts managers” lost significant amount of money “investing” in their fake crypto arbitrages and trades. Myself and other scammed people are taking legal action to put these fraudsters down. Do not even think to invest at Stone Bridge Ventures! It is going to ruin your life! You will never get your money back! These thieves are using fake names, you can never call them, they lie about their location! And not only they change their website address often, but they change the name under which they operate. They used to be named Investments Global, and the proof for this statement is the similar names of their “accounts managers” that appear on other reviews sites. They even pay financial websites like Techbullion and Etrendy Stock to post articles under their name. SCAM!!! BIG TIME!!! They got warnings from Ontario Securities Commission and Alberta Securities Commission for doing illegal activity in Canada. They are not registered with FCA, although they state they are based in UK. Nothing is true about what Stone Bridge Ventures states about themselves! The only reality is that they will steal your money. Do not get fooled by them! They deserve to be in jail!