STForex Review

Overview

STForex company is one of the successful professional brokers with unblemished reputation and advanced innovative approach to work on Forex

Read Full Review
Read Users Reviews

Details

Broker STForex
Website URL www.stforex.com
Founded 2014
Headquarters StForex Ltd, Suite 305, Griffith Corporate Centre, Beachmont, Kingstown, St.Vincent and the Grenadines
Trading Platform MT4, MT4 iOS, MT4 Android
Minimum 1st Deposit $10
Leverage 1:10-1:1000
Spread from 2 points
Free Demo Account No
Deposit Methods Bank transfer/ payment cards, WebMoney, Yandex Money, Perfect Money, Qiwi.
Withdrawal Methods Bank transfer/ payment cards, WebMoney, Yandex Money, Perfect Money, Qiwi.
Number of Assets 29 CFD on shares, 46 currency pairs, 2 types of metals, oil and 5 indexes
US Traders Allowed No
Overall Score 9.4/10

Full Review

After registration on STForex official website you will have the option of choosing a trading account. The company has several accounts, and they are created to meet the specific requests of Traders. In more detail, the Broker offers:

  • STForex demo account  – for guidance and risk-free practice
  • Cent account – to work with low risks in the conditions of the real market
  • Classic – the real US dollar account to earn money
  • Pro-account – for professional Traders

Work with all accounts is carried out with MetaTrader 4, which is offered for both computers and mobile devices on Apple and Android OS. For most Traders, according to the reviews, the availability of the popular MT4 is more than enough. There are no restrictions on the Deposit amount for any of the orders, the maximum leverage level is 1:1000 for Cent and Classic Accounts, and 1:200 for Pro.

Spread is fixed from 2 points for Cent and Classic worked on the Instant model, and floating from 0.3 points for Pro where the market execution works.

The essence of STForex broker’s work consists in the classical system of through execution of STP orders. Broker brings orders from clients directly within its system and brings them to the interbank market to guarantee liquidity for each trading operation. Liquidity providers are well-known worldwide partners such as Deutsche Bank, JP Morgan Chase, UBS, Goldman Sachs, Barclays.

The list of trading tools includes almost 50 currency pairs, including XAU/USD (gold) and XAG/USD (silver), CFD on shares of popular companies of Great Britain (14 names), Germany (11 types) and USA (17 types). Moreover, the world indices of Great Britain (UK 100), Germany (DE 30) and USA (US SPX 500, US Tech 100 and US Wall Street 30), as well as Brent and WTI oil marks are available for trade.

It should be noted that a complete set of trading tools is available only to those STForex customers who work on Pro-account. All others can work only with currency pairs.

Understanding the fact that some Traders would like to get acquainted with the Forex market, but still afraid to invest real money, and trading on a demo account does not give a full sense of excitement that enchains the clients during trading, STForex has a non-deposit Bonus of 10 USD for this category of users.

 

Bonus program

Owners of Classic and Cent Accounts have access to a bonus program that allows you to get 200% of the Deposit when it is replenished in the amount of not less than $200. The bonus shall be paid every Monday as part of spread from the opened positions per week.

Trading signals is a great opportunity to trade in the Forex market, using the experience of professional Traders. Any client of the company can use the service, choosing one of the preferred strategies.

Clients who do not want to trade on their own, have the opportunity to transfer management at their own expense to one of the professional Traders from the Managers’ Rating. The minimum investment is $100 and its amount depends on the level of the Manager and the choice of trading strategy.

 

Deposit & Withdrawal

Withdrawal is carried out by payment requisites used while the Deposit cash-in. The following cash-in / cash-out methods are available: Visa/MasterCard Bank cards, Bank transfers, Qiwi Wallet, Yandex Money, Webmoney, Perfect Money.

It should be noted that cash-out fees are calculated depending on the selected payment system.

 

STForex: a Scam and a Fraud?

STForex has positive feedback from quite a large number of customers as well as several years of successful work have recommended the company. Significantly a bit attention should be paid to the reviews of a negative nature left about STForex. On close inspection the main part of such reviews does not make a rational sense, and their content is reduced to the fact that the funds were lost. This is easy to find in the reviews of the largest Brokers, so it is not superfluous to remind that Forex trading is not a game, but a risky kind of business that allows you to get a stable income in the long term, subject to compliance with its rules and discipline. Serious issues in the reviews to STForex Broker have not been found, and we don’t tend to think about corruption in the company.

 

Regulation

Since STForex Broker is registered in St. Vincent and the Grenadines, the company’s activity is regulated by the State regulator – Financial Services Authority of St. Vincent and the Grenadines, which prevents fraudulent activities of organizations using offshore companies to conduct illegal operations.

 

Conclusion

STForex is a youthful company operating since 2014. The Broker has an excellent team that moves the company forward, based on personal experience and competence. Lots of options and a good selection of account types, bonuses and reliable platform make STForex a promising option for trading and conducting of investment business. The absence of negative feedback from customers and the transparency of the system in general create confidence that STForex will not get lost and will not disappear among others. Moreover, the development of the company is going in the right direction, and perhaps in long term we’ll see it in the list of Forex market leaders.

Visit Broker

Review

iq

plus500-crypto