Is Stablegains A Good Broker or a Scam?
You may think the name Stablegains inspires confidence, because it sounds a bit like “stablecoins.” However, as is clear by the recent drop in cryptocurrencies, it doesn’t seem wise to trust a name too much, like “Stablegains.” In fact, when you visit its site, you’ll notice a message that it is discontinuing its service. So why write a review? Because on many occasions, these brokers may temporarily close service only to open it up again later on.
We Have Some Concerns with Stablegains
It’s not usually a good practice to trust a broker that has discontinued service. Often this happens when a broker has been forced to stop offering trading services through a court order or if they have run out of money. In addition to not offering service anymore, Stablegains is also not regulated and shows very little transparency. We couldn’t find any identities of people behind stablegains. Why would you trust your money with people who give you no information about them?
Stablegains Red Flags
- No license
- False guarantees
- No transparency
- Negative reviews
Lost Money to Stablegains? Talk to Us!
ReportScamOnline experts understand brokers–reliable ones and scam operations. We have researched brokers and have created these reviews to help consumers make the right choice for trading. We recommend that you avoid Stablegains and instead find a reliable and licensed broker. If you have lost money to this broker, contact us and we will launch an investigation that will bolster your claim.