CLG Stocks
We checked CLG Stocks against the AskCheck register. It has been reported (2022) and carries the red flags below. Treat it with extreme caution.
Why it’s flagged
What we found
CLG Stocks claims to be a reliable firm while presenting no details about its regulations. Lacking regulatory information may be a distinct characteristic of unlicensed brokers, as legit brokers always present their certificates and licenses in a prominent position. It is a red flag here. Downloading its official MT5 trading platform, we found this broker locates in Vietnam. But as per the information we hold, Vietnam currently has no regulatory bodies that issue licenses for forex trading or regulate entities engaging in forex services. The truth is, CLG Stocks is not under valid regulation by any regulators to do forex. Investors' funds in this broker are unsafe and cannot be protected by any law. Therefore, it is a scam.
Assessment source: FastBull BrokersView.
What to do next
- Stop sending money. Don’t make another deposit, pay a “tax” or “release fee”, or share remote-access to your device.
- Gather your evidence. Save statements, chat logs, transaction IDs and the wallet addresses you paid to.
- Report it to your regulator and to local police / action-fraud line so it’s on the official record.
- Add your report here so the next person searching this name is warned — report CLG Stocks.
- Verify on the register. Cross-check the full entry on the SentFunds register before you trust anyone offering to help.