SandStoneFX

SandStoneFX, operating as Ever Financial Global Limited, holds a WikiFX score of 1.14, which reflects a profile with significant underlying concerns. A primary factor in this low evaluation is its status as an unregulated entity. The broker operates without any valid, authoritative forex trading licenses, placing client funds entirely outside established financial oversight and protection schemes that govern reputable firms. Furthermore, its registered business scope in Mauritius is flagged as suspicious. The combination of a lack of regulation and questionable operational parameters indicates a high-risk environment where standard protections for client capital and segregated accounts cannot be assured.

According to WikiFX assessment, SandStoneFX does not hold any verified regulatory licenses from mainstream financial authorities. The entity is not regulated for forex trading activities in any recognized jurisdiction. Operating under the company name Ever Financial Global Limited and registered in Mauritius, its business scope has been identified as suspicious. The absence of valid licensing means the broker operates without the external audits, capital adequacy requirements, and client compensation schemes mandated by bodies such as the FCA, ASIC, or CySEC. This places it in the category of an unregulated entity.

Contact details for SandStoneFX are not publicly disclosed or readily verifiable through standard professional channels. As an unregulated entity operating without the transparency requirements imposed on licensed brokers, specific contact information such as a verified physical office address, official customer support phone numbers, or corporate email addresses are not available for objective confirmation. This lack of accessible and verifiable contact information is consistent with the broker's overall opaque operational profile and heightens due diligence challenges for potential clients.

To determine whether a broker is regulated, the key is to verify whether it holds a valid financial license. Investors can check the license number and status through the official websites of regulatory authorities (such as Financial Conduct Authority, Australian Securities and Investments Commission) to confirm whether the license is real and under valid supervision. It should be noted that some brokers may engage in license cloning or unauthorized operations, meaning they use another company's license or provide services in regions where they are not authorized. These situations also involve risks. In addition, investors can use WikiFX to check the broker's regulatory status, historical records, and risk ratings as supporting reference, so as to evaluate its compliance more comprehensively.

WikiFX is a third-party platform that provides forex broker information inquiry and risk alerts. This type of platform mainly integrates brokers' regulatory information, user feedback, and historical records, and conducts comprehensive evaluation through a multi-dimensional model to help investors quickly understand the broker's basic situation and potential risks. By using such tools, investors can conduct preliminary screening before choosing a broker, thereby reducing decision-making risks caused by information asymmetry.

If a broker holds multiple regulatory licenses, it usually means that it operates in multiple countries or regions and needs to comply with the requirements of different regulatory authorities. Its overall credibility is generally higher. However, it should be noted that regulatory strength differs between licenses. Some offshore regulations have weaker restrictions, so safety should not be judged only by the number of licenses. It is recommended to focus on whether the broker holds licenses from major regulators such as FCA or ASIC, and evaluate its regulatory status, historical records, and overall rating together. You can also check all regulatory information and performance under different regulators on the WikiFX platform to more comprehensively assess its actual risk level.

A broker can be evaluated as a potential scam platform by considering multiple factors such as regulatory qualifications, user complaints, fund security, and platform data. In general, brokers without valid regulation, those that frequently have withdrawal problems, those with a large number of user complaints, or those providing false information usually carry higher risks. You can check the broker's regulatory status, overall rating, exposure records, and user reviews on the WikiFX platform, and make judgments based on multi-dimensional data to effectively identify and avoid scam platform risks.

WikiFX ratings are calculated based on a multi-dimensional data model, mainly including five dimensions: regulatory index, license index, business index, risk control index, and software index. The rating adopts a range system (0-10 points). The higher the score, the higher the broker's overall performance level. In addition, ratings are dynamically updated according to regulatory changes, complaint handling results, and historical data performance, making the rating more objective and timely. You can check the scores of each dimension and their trends on the WikiFX platform to evaluate the broker's actual situation more comprehensively.