STMARKET Review: Trader Claims $3,250 Withdrawal Approved but Never Paid, What to Know

STMARKET presents itself as a broker established in 2006 and authorised by Cambodia's Securities and Exchange Regulator (SERC). On paper, it offers MT5 trading across forex, indices, metals, energies, and cryptocurrencies, with multiple account tiers and leverage of up to 1:500. However, a WikiFX score of just 5.45 and withdrawal complaints detailed in user reports suggest traders should look closely before depositing. This article examines what the available evidence shows.

Complaint Pattern: Withdrawal Approved, Funds Never Arrived

In May 2026, a trader from Turkey filed a complaint detailing a troubling sequence. According to the complaint, the trader deposited $950 into an STMARKET account on April 14, 2026, and began trading. A first withdrawal request was processed without issue. Encouraged, the trader continued trading with the remaining balance.

Three days later, the trader submitted a second withdrawal request for $3,250. According to the complaint, STMARKET approved the withdrawal but the funds never arrived. After nine business days of waiting, the trader stated that the broker claimed the money had been sent, yet nothing had reached their account.

Screenshot submitted by the user with the complaint (2026-05)

The pattern , a small first withdrawal processed smoothly, followed by a larger withdrawal that stalls indefinitely , bears similarities to scenarios that user forums and independent reviews have described in connection with other brokers. For STMARKET, this account represents the most serious allegation in recent user feedback and warrants careful attention before depositing.

Regulatory Status: SERC Oversight, but Limited Protections

STMARKET operates under the Securities and Exchange Regulator of Cambodia (SERC), with derivatives trading authorisation number 00049975. The registration is listed as active in WikiFX records, meaning STMARKET is not an unregulated entity.

That said, Cambodia's SERC does not offer the same level of investor protection as regulators in major financial centres. Traders under Cambodian oversight generally have fewer avenues for dispute resolution and limited access to compensation schemes if a broker fails to meet its obligations. This is an important consideration for anyone depositing significant funds.

Basic Information

• Registered Country: Cambodia
• Founded: 2006
• Trading Platform: MT5 (PC, Web, Mobile)
• Maximum Leverage: 1:500
• Account Types: Standard, Premium, Pro and Zero Spread
• Instruments: Forex, indices, metals, energies, cryptocurrencies
• Minimum Deposit: Varies by account type; the Standard account starts at $50
• EA Trading: Supported

Score and Market Standing

STMARKET holds a WikiFX score of 5.45 out of 10, placing it in the lower range of the scoring spectrum. This score reflects its regulatory situation , oversight from a non-top-tier authority , and user feedback that includes a serious unresolved withdrawal complaint.

The broker operates primarily in Southeast Asian markets, with customer support available via email and phone numbers in Cambodia, Thailand, and the UK. Its website lists addresses in Phnom Penh, but traders should verify whether local operations and regulatory coverage align with their own jurisdiction's requirements.

Final Thoughts

STMARKET is an authorised broker with a long operational history, but its low WikiFX score and the unresolved $3,250 withdrawal complaint from 2026 are hard to ignore. The SERC authorisation from Cambodia provides a baseline of oversight, yet it falls short of the protections offered by major financial authorities. The complaint pattern , a small withdrawal processed, a larger one stalled , is a red flag that has surfaced in user reports across the industry and one that traders should take seriously.

Before opening an account, check STMARKET's latest rating and any new complaints on the WikiFX App to see whether the withdrawal issue has been resolved. If you do proceed, start with a small deposit and test a withdrawal early , do not commit significant funds until you have confirmed that money comes back when you ask for it.