The Philippines does not license retail forex brokers, so no broker holds a local licence here. That is how this market is built, not a sign of fraud.
STAK SECURITIES LTD
STAK FX LTD
No local licensing here
STAK FX LTD
Which company you actually sign with in the Philippines, and whose licence that is.
Registers · last read
Check it yourselfhttps://www.cysec.gov.cy/en-GB/entities/investment-firms/cypriot/90375/
From the registers
The entries behind this answer
Each block below is one claim with the register it came from and the day we read it. Where we hold nothing, it says so.
What to do now
STAK SECURITIES LTD in the registers we read
Entries we hold about this company: 2. Registers they came from: 2 — Cyprus Securities and Exchange Commission, Cyprus Securities and Exchange Commission (via ESMA register). Most recent reading: 2026-10-26. Everything on this page comes from those entries and from nothing else.
What each register says about the licence
Every licence entry we hold for this company, as the register publishes it, with the day we read that register.
| Register | Status | Licence number | In force since | Registered as |
|---|---|---|---|---|
| Cyprus Securities and Exchange Commission | Authorised | 397/21 | 08/03/2021 | Cyprus Investment Firm |
| Cyprus Securities and Exchange Commission (via ESMA register) | Authorised | 254900RJ1500Z5X4US86 | 08/03/2021 | MiFID investment firm |
Supervision and compensation
Where the licence was issued decides what stands behind it, and we print the regulator's class rather than a score. Cyprus Securities and Exchange Commission — class: comparable supervision. Supervision: Full: capital requirements, client-money segregation, regular reporting. Compensation: A scheme exists, but it usually does not cover clients resident abroad.
- Supervision
- What the register impliesFull: capital requirements, client-money segregation, regular reporting.
- Compensation
- What the register impliesA scheme exists, but it usually does not cover clients resident abroad.
The brand and the company behind it
Legal name as the register holds it: STAK SECURITIES LTD. Also advertised as: STAK FX LTD. A register knows the company, a website advertises the brand, and matching the two is the whole job of this page. Websites a register ties to it: stak-securities.com.
The warning lists we checked
Public warning lists we read: 3 — Polish Financial Supervision Authority, Agency for Regulation and Development of the Financial Market, Securities and Exchange Commission of Pakistan. Entries we hold from them: 1385. Last reading: 2026-10-26. This company is not named in any of them. That is not a clean bill of health: it means no supervisor we read has published a notice about it.
How to verify it at the source
Search the register yourself at www.cysec.gov.cy for STAK SECURITIES LTD — the legal name, not the brand. A register files the company; a website advertises the name. Where the two differ, this page prints both so you can find the entry we are quoting.