STForex review
STForex is a Multi-Assets Trading Platform with over 300+ Assets
STForex is a multi asset platform with 300+ tradable Assets.
Assets available on STForex include Forex trading, CFD trading, .
STForex trades in multiple financial asset types. A financial asset is any security or asset that has financial value attached, tangible or intangible. This means that Forex trading, CFD trading, are considered financial assets.
Features of STForex
- Virtual Portfolio, or what is commonly known as a Demo Account
- STForex offers Advanced Financial Chart comparison tools
- STForex offers Research-backed analysis on financial markets and investments from top analysts
- The STForex platform is available to use on multiple devices including and online through a Web Browser.
- STForex offers a trading platform with tools for both New Traders and Seasoned Experts
- STForex users benefit from using the STForex platform in over 15 different languages
STForex review
What you should know
STForex offer three ways to trade: Forex trading, CFD trading, . The assets and products available to you on the STForex trading platform depends on the region of the world, you are in and the STForex entity you have an account.
With STForex you will need a minimum deposit of $10. You can sign up for a demo account to acquaint yourself with STForex platform.
STForex are able to accommodate various levels of traders whether you are experienced or a beginner.
Are STForex safe?
When considering STForex for your trading activities, its financial regulatory status in your region is crucial. One of the primary considerations when evaluating a broker, such as STForex, is to assess the broker's regulatory status and administrative body. Brokers operating without supervision from a regulatory authority are free to make their own rules, which may pose a risk to investors. Any capital you invest is at risk.
Established in 2008, and in operation for 16 years STForex have a head office in St.Vincent and the Grenadines.
STForex is not regulated. This means STForex are not supervised by any regulatory bodies.
STForex withdrawal requests will be honoured. Brokers that operate under the supervision of regulatory authorities like STForex are subject to strict guidelines that prohibit them from manipulating market prices to their advantage. Regulatory oversight ensures brokers operate with integrity, fairness, and transparency, safeguarding investors' deposits. STForex are held accountable for their actions and may face severe consequences if they violate any financial regulations. If you are a client of STForex and wish to withdraw funds from your account, you can rest assured that your request will be processed promptly. STForex has a reputation for efficient and reliable fund transfers, and adhere to the rules of the financial regulators they are regulated with. When you submit a withdrawal request, STForex will verify your account details and process the payment within the stipulated timeframe, usually within a few business days. By partnering with a trustworthy broker like STForex, you can enjoy peace of mind and focus on your trading activities.
Your capital is at risk
Is my money safe with STForex?
All payments made to STForex by traders are securely held in a segregated bank account.
STForex uses Tier 1 banks for increased security. These banks are deemed the most reliable for client capital due to their strong core capital reserves and ability to withstand losses.
What are Tier 1 banks and why should STForex use them?
STForex partnering with Tier 1 banks offers reliability, efficient payment processing, reduced counterparty risks, and better protection for client funds. These banks are the most financially stable and secure institutions globally, with robust financial strength and high-quality risk management practices. They hold substantial core capital reserves, making them capable of handling unexpected losses and market volatility without endangering their STForex clients' funds.
STForex clients can have greater confidence in their financial security when working with a Tier 1 bank because STForex are subject to strict regulatory oversight and must adhere to stringent guidelines to maintain its Tier 1 status.
What does it mean to have your funds in STForex deposited in a Tier 1 bank?
Depositing funds with STForex ensures that your money is held in a secure bank account with sufficient capital to meet your withdrawal requirements, even if STForex were to go out of business unexpectedly.
Based on the information presented, it is safe to conclude that STForex is a secure and safe platform.
Please be aware that trading in financial assets with STForex carries a risk of loss. STForex trading risk can occur due to inadequate market research, lack of experience, or failure to use the platform tools. It is common to experience rapid losses when trading financial investments like Forex trading, CFD trading, due to market volatility. Therefore, you should only risk trading when you understand that your capital is at risk at any time.
STForex emphasizes this risk on its platform and provides clear risk warnings - Your capital is at risk. After answering some important questions about STForex, let's closely examine its features.
To better understand the STForex trading platform, you can create two separate accounts - one with real money and the other a STForex demo account. A STForex demo account provides a risk-free environment for experimenting with the STForex platform's features and trading strategies before risking your actual funds. This approach can help you gain experience and confidence in STForex trading decisions.
Open a demo account Visit STForex
Full disclosure: We may receive a commission if you sign up with a broker using one of our links.
How STForex as a Company Compare Against Other Brokers
| Broker |
stforex
|
IC Markets
|
Roboforex
|
eToro
|
|---|---|---|---|---|
| Year Established | 2008 | 2007 | 2009 | 2007 |
| Head Office | St.Vincent and the Grenadines | Australia | Belize | Cyprus, UK |
| Regulation | Unregulated | Seychelles Financial Services Authority (FSA) (SD018) | RoboForex Ltd is regulated by the FSC, license 000138/437, reg. number 128.572. RoboForex Ltd, which is an (A category) member of The Financial Commission, also is a participant of its Compensation Fund | FCA (Financial Conduct Authority) eToro (UK) Ltd (FCA reference 583263), eToro (Europe) Ltd CySEC (Cyprus Securities Exchange Commission), ASIC (Australian Securities and Investments Commission) eToro AUS Capital Limited ASIC license 491139, CySec (Cyprus Securities and Exchange Commission under the license 109/10), FSAS (Financial Services Authority Seychelles) eToro (Seychelles) Ltd license SD076 |
| Used By | 10,000+ STForex users | 200,000+ IC Markets users | 730,000+ Roboforex users | 35,000,000+ eToro users |
| Negative balance protection | Yes | Yes | Yes | Yes |
| Guaranteed Stop Loss | No | No | No | No |
| Learn More | Visit STForex | Visit IC Markets | Visit Roboforex | Visit eToro |
| Risk Warning | Your capital is at risk | Losses can exceed deposits | Losses can exceed deposits | 51% of retail investor accounts lose money when trading CFDs with this provider. |
STForex review
STForex Pros and Cons
STForex review
STForex Regulation and Licensing in more detail
The online broker STForex is not regulated by well-known bodies, although it may seem legitimate. Limited financial regulation is common for new brokers or those operating under offshore licenses to save costs. However, trading with regulated brokers is highly recommended as they may provide protection and assistance in difficult situations. If you encounter issues with STForex, you may not receive adequate help or recourse.
- Unregulated
Is STForex Global?
Yes, STForex is global as STForex is available in over 194 countries.
STForex is a global trading platform in the sense that it operates in 194 countries including nations in Africa, Asia, Oceania, and Europe. Major countries STForex covers include the UK, Germany, South Africa, Thailand, the United States China and Australia. STForex has a total of more than 10,000 users.
STForex review
STForex Fees Explained
- STForex doesn't charge withdrawal fees.
- STForex does charge a fee for inactive accounts.
- STForex doesn't charge deposit fees. A currency conversion fee may be applied as withdrawals and deposits from STForex are conducted in USD. Any other currency will have to be converted to your local currency by your 3rd party payment provider.
STForex Costs To Check
Modern brokers like STForex provide advanced online trading platforms, mobile apps, financial analysis tools and educational resources. These services require significant investment, and in turn, STForex may charge clients various fees for trading activities. Be mindful of these charges, impacting your overall STForex trading profitability.
How STForex Fees Compare Against Other Brokers
| Broker |
stforex
|
IC Markets
|
Roboforex
|
eToro
|
|---|---|---|---|---|
| Min Deposit | 10 | 200 | 10 | 50 |
| Withdrawal Fees | No | No | No | Yes |
| Inactivity Fees | Yes | No | No | Yes |
| Deposit Fees | No | No | No | No |
| CFD Commission Fees | Yes | No | Yes |
STForex Minimum Deposit
STForex requires a minimum deposit of 10 GBP/USD/EUR when opening an STForex trading account.
A minimum deposit is the minimum amount of money required by STForex to open a new online brokerage account with them.
Don't be scared off by brokers like STForex charging a minimum deposit to open a trading account. Brokers charging higher minimum deposits may offer additional premium services on their platforms that are not free on other platforms.
In the trading world, brokers like STForex, have different minimum deposit requirements based on the target audience they are trying to attract. Brokers with lower minimum deposit requirements typically cater to a more mainstream audience who don't require advanced research tools or features. On the other hand, brokers that require a larger minimum deposit often provide a greater range of trading features, more in-depth technical analysis, research tools, and better risk management features.
Some brokers may waive the minimum deposit requirement to attract new customers but may compensate for it by charging higher transaction commissions and trading fees. As the online trading market becomes more competitive, brokers have reduced their minimum deposit requirements to attract new clients.
However, it's important to note that depending on your trading account type, some brokers may require a higher minimum deposit of up to 10,000 GBP/USD. Therefore, it's essential to research and compares different brokers to determine which best suits your trading needs and budget.
STForex Withdrawal Fees
STForex doesn't charge withdrawal fees.
STForex Withdrawal rules may vary across different brokers when it comes to transferring funds from your STForex or other broker trading account. Each brokerage firm has its specific withdrawal methods. The payment provider associated with STForex may have different transfer processing fees and processing times, affecting how long it takes to receive your funds.
In addition, currency conversion fees may apply if the STForex withdrawal and receiving currencies differ, adding to the overall transaction costs. The currency conversion fee depends on your base currency, receiving currency, and the 3rd party payment provider that is separate from STForex. Researching and comparing STForex withdrawal policies and fees across different brokers is essential before choosing one, especially if you are withdrawing STForex funds frequently or dealing with large sums of money. Awareness of these STForex fees and policies can help you plan and budget accordingly and avoid any unpleasant surprises when transferring your STForex funds.
For example, STForex allows you to withdraw your funds to Debit Cards, Mastercard, VISA, Web Money, QIWI, Yandex Money, Perfect Money, Bank Transfer.
STForex Inactivity Fees
STForex does charge a fee for inactive accounts.
When a trading account goes unused for a certain period, brokerage clients may be charged an account inactivity fee. To avoid such fees, clients may need to fulfill specific trading activity requirements outlined by STForex terms and conditions. It's important to note that inactivity fees are not unique to online trading accounts, as many financial service companies may also charge them.
Make sure you're fully aware of all STForex fees and services. It's recommended that you check the STForex website before signing up. If you decide to close your STForex account, it's important to do so with the STForex broker customer support and obtain confirmation that no remaining STForex fees are due.
Brokers like STForex must disclose any inactivity fees as part of their regulations. The type of account and broker you sign up for, will determine whether or not you can be charged an inactivity fee under certain circumstances.
Certain brokers may levy inactivity fees to recoup the expenses associated with sustaining your account on their trading platforms when there is a shortage of commission fees earned from your trading activities.
STForex Deposit Fees
STForex does not charge deposit fees. Although bank / 3rd party merchant fees may apply.
Reviewing deposit fees before initiating a transaction is imperative, as certain brokers might impose a charge for depositing funds from your payment method to your trading account. The payment method employed for funding your account might also incur a fee.
Depositing funds into your trading account may incur a fee, which could vary depending on the fiat currency used. For instance, depositing funds from a credit card can attract high fees. Additionally, not all brokers accept credit card payments for account funding. It's crucial to review the funding options and associated fees the broker provides before depositing any funds.
STForex Commission Fees
STForex does charge commission on CFD instruments.
Brokerage firms like STForex may charge commission fees as compensation for executing trades on behalf of traders on their trading platforms. Commission fees can vary depending on the type of financial asset being traded and the STForex trading account level held by the trader.
STForex may charge commission fees for fulfilling, modifying, or canceling an order on behalf of its clients. However, if a market order is not fulfilled, no commission fee is usually charged. Reviewing STForex terms and conditions to understand the commission fees and any other charges that may apply is essential.
STForex review
What can you trade with STForex?
It's essential to note that the trading instruments offered under the STForex brand may vary depending on the customer account holder and country of residence due to regulatory restrictions. Besides, the trading platform the customer selects may also impact the available trading instruments. Therefore, before trading, verify the STForex trading instruments available and the regulations governing them based on your account holder, location, and chosen platform.
You can trade a wide variety of instruments with STForex over 300 instruments in fact.
If you want to trade currency pairs on global Forex markets, STForex offer over currency pairs.
STForex Compared To Other Brokers
Compare STForex with IC Markets and Roboforex below.
How STForex Trading Options Compare Against Other Brokers
| Broker |
stforex
|
IC Markets
|
Roboforex
|
eToro
|
|---|---|---|---|---|
| Instruments Available | 300 | 2250 | 12000 | 6000 |
| Platforms | MT4, MT5, WebTrader, Mobile Apps, Android (Google Play), iOS (App Store) | MT5, MT4, MetaTrader WebTrader, Mobile Apps, iOS (App Store), Android (Google Play), MetaTrader iPhone/iPad, MetaTrader Android Google Play, MetaTrader Mac, cTrader, cTrader Web, cTrader iPhone/iPad, cTrader iMac, cTrader Android Google Play, cTrader Automate, cTrader Copy Trading, TradingView, Virtual Private Server, Trading Servers, MT4 Advanced Trading Tools, IC Insights, Trading Central | MT4, MT5, R Mobile Trader, R StocksTrader, WebTrader, Mobile Apps, iOS (App Store), Android (Google Play), Windows | eToro Trading App, Mobile Apps, iOS (App Store), Android (Google Play), CopyTrading, Web |
| FX / Currencies | ||||
| Forex pairs offered | 61 | 35 | 50 | |
| Major Forex pairs | Yes | Yes | Yes | Yes |
| Minor Forex pairs | No | Yes | Yes | Yes |
| Exotic Forex pairs | No | Yes | Yes | Yes |
| Cryptocurrencies (availability subject to regulation) | No | Yes | No | Yes |
| Commodity CFDs | ||||
| Commodities Offered | 0 | 20 | 21 | 31 |
| Metals | No | Yes | Yes | Yes |
| Energies | No | Yes | No | Yes |
| Agricultural | NO | Yes | No | Yes |
| Indiced & Stock CFDs | ||||
| Stocks Offered | 2100 | 0 | 2042 | |
| UK Shares | Yes | Yes | Yes | Yes |
| US Shares | No | Yes | Yes | Yes |
| German Shares | No | Yes | Yes | Yes |
| Japanese Shares | No | Yes | Yes | Yes |
| Risk Warning |
Visit STForex
Your capital is at risk |
Visit IC Markets
Losses can exceed deposits |
Visit Roboforex
Losses can exceed deposits |
Visit eToro
51% of retail investor accounts lose money when trading CFDs with this provider. |
STForex review
Trading on STForex web platforms and other applications
STForex is one of the few brokers that offer both of the MetaTrader platforms; MT4 and MT5. To see how the two platforms compare, you can read our comparison of MT4 vs MT5 here.
STForex also offer mobile apps for Android and iOS trading apps help you stay on top of your trades and execute them on the go.
See STForex's platformsIs the STForex Trading Platform Secure?
You should take the security of your personal information seriously and check SSL encryption is enabled on the STForex trading platform to protect you on PC and mobile STForex platforms. To further enhance security, we encourage traders to always look for the lock sign on their browser when using STForex web trading platforms.
STForex Trading Platform Options
After logging into your STForex account, you'll find a range of trading platform options available below.
- MetaTrader 4 (MT4)
- MetaTrader 5 (MT5)
STForex does not support the cTrader trading platform. However, if you're looking for a broker that does offer cTrader, you can explore other options available through the provided link.
Let's explore each of these trading platforms in detail and what options STForex gives you.
STForex review
STForex MetaTrader 4 (MT4)
STForex MetaTrader 4 (MT4) In Detail
MetaTrader 4, commonly known as MT4, has been a well-known and widely used trading platform in the financial markets since its inception in 2005. MT4 on STForex offers traders comprehensive features and tools to enhance their trading performance. The STForex MT4 user-friendly interface and highly customizable trading environment allow traders to tailor the STForex platform to their needs. One of the standout features of MT4 is its charting functionality, which allows STForex traders to analyze price movements and make informed trading decisions. Additionally, advanced order management tools give STForex traders greater control over their trades, allowing them to manage risk better and optimize their trading strategies on the MT4 STForex trading platform.
MetaTrader 4 (MT4) was created mainly for Forex trading, but it can also facilitate the trading of other financial instruments via CFDs and Spread Betting. You cannot trade real assets like stocks, shares, commodities, indices and ETF's on the STForex MetaTrader 4 (MT4) trading platform. MT4 is a platform available with STForex, that facilitates trading financial instruments in the form of CFD contracts or Spread bets. The STForex MT4 platform does not provide access to physical assets such as stocks, commodities, or ETFs for trading. STForex allows trading CFDs and Spread bets, which do not involve owning underlying assets but speculating on price movements, using high risk leverage. To gain more information about the MT4 Platform, click here.
You can start using the MetaTrader 4 platform with STForex in multiple formats including through an online web platform, Through a downloadable application for Windows PCs and Apple Macintosh computers. STForex MetaTrader 4 is compatible with the latest macOS. STForex allows traders to trade on mobile devices through Android and iOS devices like the iPhone.
Metatrader 4 Webtrader on STForex
MetaTrader 4 (MT4) is a widely used trading platform in the world, offering a range of advanced tools and features. Recently, MT4 has been made available as a web-based application through a web browser, enabling traders to access the platform from anywhere.
The web version of MT4 provides the same user-friendly interface and customizable trading environment as the desktop version. With MT4 web, traders can access advanced charting tools, online trading indicators, and a Dealing Desk-free trading environment.
Additionally, traders can enjoy Raw Pricing without any intervention from brokers. Overall, MT4 web is a convenient and efficient way for traders to access the platform and manage their trades.
Trade STForex MetaTrader 4 on iOS Devices
You can download the STForex app or trade with STForex through the MetaTrader 4 application on the Apple app store.
Download the Metaquotes MetaTrader 4 Program free of charge from Apple's App Store. STForex customers have instant access to the financial market and can completely manage a Portfolio on the go.
Trade STForex MetaTrader 4 on Android Devices
Millions of people worldwide use Android mobile devices and tablets, and STForex offers its clients access to the MetaTrader 4 platform on these devices. With the STForex MetaTrader 4 Android application, traders can monitor the financial markets and execute trades directly from their Android-based smartphones and tablets. This app provides access to a range of advanced trading features, allowing STForex traders to stay on top of their trades and react quickly to changes in the market. With the STForex MetaTrader 4 Android app, traders can securely manage their trades on the go, making it a convenient and efficient way to stay connected to the market.
Trade STForex MetaTrader 4 Trading Central
Trading Centrals Alpha Generation Indicators available on STForex are a powerful bundle of three major indicators designed to help traders make informed decisions. STForex MT4 Trading Central indicators include:
- Analyst Perspectives - A valuable resource for traders seeking leadership insights and key levels.
- Adaptive Candlesticks - This indicator is capable of identifying chart patterns that highlight significant changes in demand and supply.
- Adaptive Divergence Convergence (ADC) - Similar to MACD, but with greater utility at shorter lengths, this indicator provides more timely signals.
Trading Centrals Alpha Generation Indicators can help STForex traders better understand market trends and patterns, enabling them to make more informed trading decisions. These indicators can provide valuable insights into market movements, allowing STForex traders to potentially stay one step ahead.
STForex MetaTrader 4 Advanced Trading Tools
The STForex MetaTrader 4 trading platform has advanced tools that enhance the overall trading experience and give STForex traders detailed market tools. With feature-rich trade execution and management programs, sophisticated notification alarms, messaging facilities, innovative market data, and more, STForex provides traders with everything they need to succeed. The STForex MT4 platform also includes a range of technical analysis tools, with 30 indicators built in, 2000 plus free indicators, and the availability of paid indicators, allowing STForex traders to analyze the market at any level of complexity.
Trade STForex MetaTrader 4 MultiTerminal
MetaTrader 4 MultiTerminal offers traders an intuitive and user-friendly dashboard to manage and monitor multiple trading accounts. This powerful tool allows traders to oversee over 128 accounts simultaneously, enabling them to place market and pending orders, view real-time market prices, and track all accounts and equity in real-time.
It's important to note that MultiTerminal only supports trading accounts on the same MetaTrader server and doesn't allow automated trading scripts such as Expert Advisors.
This tool is ideal for traders who manage several accounts simultaneously and require a more efficient and effective way to track and execute trades. You can have up to 10 demo accounts on MetaTrader 4 MultiTerminal.
STForex MetaTrader 4 & MetaTrader 5 AutoChartist
Autochartist on the STForex platform is a powerful tool designed to help traders find trading opportunities quickly and easily.
Available for STForex MetaTrader 4 and MetaTrader 5 Autochartist can scan the market using an expert advisor script.
With Autochartist, STForex traders can scan multiple markets and timeframes from a single graph, making it easy to keep track of all their preferred symbols without launching multiple graphs. Using Autochartist can save STForex users time and makes the trading process more efficient.
The Autochartist interface is user-friendly and can be customized to suit individual trading preferences. STForex traders can navigate the platform and find the information they need to make informed trading decisions.
STForex Autochartist is a valuable tool for traders who want to stay ahead of the curve and identify trading opportunities quickly and easily. With its powerful features and easy-to-use interface, Autochartist is an essential tool for STForex traders of all experience levels.
STForex review
STForex MetaTrader 5 (MT5)
STForex MetaTrader 5 (MT5) In Detail
STForex MetaTrader 5 (MT5) is a multi-asset trading platform with an extensive range of trading features and financial research tools. Besides the ability to trade Forex and CFDs, STForex MT5 offers access to trade Futures, Stocks, Algorithmic Trading, ETFs, and Indices. MT5 was launched in 2010 and came with advanced charting tools, additional timeframes, and an updated version of MetaTrader 4.
MT5 on STForex provides the convenience of using automated trading systems and copy trading, giving STForex traders competitive research tools in the financial markets.
You can learn more about the MT5 Platform here. You can also learn more about the differences between MT5 and MT4 here.
Trade STForex MetaTrader 5 WebTrader
Access your STForex MetaTrader 5 accounts from any web browser. MT5 on STForex features a massive range of tools like additional timeframes and the most up-to-date technical indicators to give you all the trading resources you need to trade on and analyze the financial markets.
STForex review
STForex MT5 Buying and Selling
STForex MetaTrader 5 on iOS Devices
STForex MetaTrader 5 Can Operate on newer iOS devices like the iPhone and iPad. MetaTrader 5 requires a mobile internet connection or a connection to Wi-Fi. You should upgrade the iOS MetaTrader 5 app regularly. New versions provide improved functionality and increased stability. STForex MetaTrader 5 allows traders to look at market statistics of financial instruments traded in the market execution mode.
STForex MetaTrader 5 on Android Devices
The STForex MetaTrader 5 trading platform is available on Android smartphones or tablets powered by the Android 5.0 or higher operating system. Additionally, to connect to the STForex trading server. Take the time to understand all of the STForex Android MetaTrader 5 features. With STForex MetaTrader 5 for Android, you can trade various financial instruments anytime, anywhere.
STForex Metatrader Mobile Application Features
MetaQuotes, the developers of Metatrader, have listened to the feedback of their millions of users and have built what has become one of the most popular mobile trading platforms in the world. MetaTrader features include :
- STForex Financial instrument quotes
- View in-depth price charts of financial instruments with STForex MetaTrader
- Manage trades and open positions on STForex MT4 & MT5
- View your STForex trading history
- View market news
- MetaTrader internal messaging on STForex
- View and research market statics of STForex financial instruments
- STForex Position opening and closing
- Lookup symbols in the STForex MetaTrader quotes section
- Display of deals on STForex graphs
- STForex Timeframe selection for graphs and charts
- Additional vertical scaling of STForex graphs
- Capability to transfer STForex accounts to other devices using QR codes
- Information is available only if it's supplied by STForex
- Access the OTP generator through FaceID or fingerprint with STForex
STForex MetaTrader 5 Advanced Trading Tools
STForex MetaTrader 5 has many advanced trading tools for more advanced users. Understanding these tools can give you a competitive edge.
- STForex MT5 Depth of market bids and asks
- Financial Price Data on STForex
- Margin Calculation, Futures, Forex on STForex
- Advanced Techincal Analysis on STForex MT5
- One click trading on STForex MT5
- STForex Spreads
- STForex Futures
- STForex Trading Reports
STForex Trading benefits
- STForex Allows scalping
- STForex Offers STP
- STForex Low min deposit
- STForex Offers Negative Balance Protection
STForex Trading Accounts Offered
Below we give an overview of the account types that STForex offer. Whatever you are looking to trade, the varying STForex account types will be able to provide you with what you need.
- STForex Demo account
- STForex Standard account
- STForex STP account
Can I try STForex?
STForex provides a demo account that enables individuals to explore trading before investing their funds. By creating a STForex practice account, users can gain experience and knowledge of how to trade effectively. Demo trading accounts like the STForex demo account can help individuals to make informed decisions before investing their money.
Open a demo STForex account to practice and trade.
Your capital is at risk
STForex withdrawal and funding methods
It's essential to remember that the payment methods provided by STForex vary based on the STForex entity and the STForex client's country of residence. To view the STForex payment options available, you can log into your STForex member's area.
STForex offers various funding payment methods listed in your STForex dashboard if available in your region. To learn more about the STForex funding and withdrawal options available in your area, you can explore the STForex website.
STForex provides several payment methods for funding your STForex account. You may utilize any of these deposit options if they are available in your region. STForex ensures that users have multiple payment methods to choose from, making it more convenient for verified STForex account holders to add funds to their accounts. However, it's important to note that the availability of payment methods may vary depending on the STForex user's location. learn more about STForex funding and withdrawal methods.STForex Payment Methods
Some STForex payment methods are local and are available only to specific regions. STForex account holders should check which payment methods are provided in your region.- STForex accepts Debit Cards
- STForex accepts Mastercard
- STForex accepts VISA
- STForex accepts Web Money
- STForex accepts QIWI
- STForex accepts Yandex Money
- STForex accepts Perfect Money
- STForex accepts Bank Transfer
| Broker |
stforex
|
IC Markets
|
Roboforex
|
eToro
|
|---|---|---|---|---|
| Bank transfer | Yes | Yes | Yes | Yes |
| Credit Cards | No | Yes | No | Yes |
| Paypal | No | Yes | No | Yes |
| Skrill | No | Yes | Yes | Yes |
| Payoneer | No | No | No | No |
| Neteller | No | Yes | Yes | Yes |
*please note available STForex and other broker payment methods depend on the clients country of residence.
How can I start trading with STForex?
To open a trading account with STForex, individuals can sign up on the STForex website. Upon completing the signup process, users will receive login details via email, which they can use to access their accounts.
The next step involves submitting identification documents for STForex account validation and making a deposit. Once completed, STForex users can download the trading platform of their choice.
It's important to note that STForex requires users to provide essential documentation to verify their identity during onboarding and routine KYC identity checks. These checks are a standard practice that helps STForex maintain a trustworthy financial environment for its 10,000 users. Detailed information on the STForex trading platforms is available on their website.
Your capital is at risk
Performing trades with STForex
When using STForex, the minimum trade size is typically varies units of the base currency of the instrument being traded. However, this amount may vary based on the specific account a user has opened. STForex have a max trade of varies. With STP execution on the STForex platform, traders can anticipate tighter spreads and greater transparency when it comes to trade pricing.
Like other brokers, STForex margin requirements can differ depending on the traded instrument.
CFD Trading on STForex
We will show you an example of the basics of using STForex leverage.
CFD trading on STForex allows traders to speculate on the price movements of various financial instruments against the broker STForex, without actually owning real assets. With CFDs, STForex traders can profit from upward and downward price movements by going long (buying) or short (selling) on an asset.
STForex provides CFDs which are leveraged products. For this example, let's assume a ten times leverage. So, if you have a $10,000 position, you only need to tie up $1,000 or a tenth of the value in your account. With high-risk leverage, a small sum controls a much bigger financial position.
The effect of leverage on profits and losses magnifies them in both directions. In other words, STForex leverage profits and losses are magnified when trading. For instance, using CFDs, you use the STForex trading platform to buy/sell $10,000 worth of Apple Computer Inc. If the stock rises by 10% due to positive results, your position is now worth $11,000, representing a $1,000 or 10% increase in value. This CFD trade has a 100% increase in the funds initially committed.
On the other hand, if Apple Computer Inc falls by 10%, your position worth $10,000 is now worth only $9,000, representing a $1,000 decrease. Therefore, STForex leverage magnifies both profits and losses in trading.
Trading CFD trades on the STForex platform can provide more flexibility than traditional market trades, allowing access to CFD fractional shares, international markets, and short selling. They are commonly used for short to medium-term trades, such as intraday CFD trading, but are high-risk due to their separation from the financial markets.
Experienced STForex traders can trade high risk CFD trades to hedge items in their portfolio.
Always be aware that CFDs are complex instruments with a high risk of losing money rapidly due to leverage. Your capital is at risk
Limiting Your Risk When Trading with STForex Negative Balance Protection
Negative balance protection is important for traders using leverage on platforms like STForex. In an unfavourable market move, leverage can result in a loss that exceeds the trader's account balance, leaving them with a negative account balance. If a STForex trading position does not go in your favour, this is where negative balance protection comes in handy.
Brokers regulated by the Financial Conduct Authority (FCA) must offer negative balance protection as a standard feature. With negative balance protection, STForex trading losses are always limited to the current balance of funds in the trader's account.
Even if an STForex trader experiences a significant loss, they will never owe more money than what is available in their STForex account balance.
It's important for STForex traders to understand the potential risks of trading with leverage and to take advantage of features like negative balance protection to mitigate those risks. By doing so, traders can trade with peace of mind, knowing that STForex losses are limited to the funds available in your STForex account when negative balance protection is in place.
Education Resources at STForex
STForex offer educational resources which include Webinars. Please bear in mind that these resources provided by STForex do not guarantee any results when trading. When we checked on the STForex website, these educational resources were not available in every language. Also some financial instruments mentioned in any STForex educational resources may not be available in your region.
To trade effectively with STForex, it's important to have a good understanding of the STForex trading tools and the markets. Make sure you make full use of all education tools. Including educational tools with STForex and externally.
STForex . It's essential to take the time to learn about the financial markets and understand how they move before diving into trading with STForex. Familiarizing yourself with the STForex trading platform is crucial to use it effectively.
While learning, you can also use global trading times to practice making live buy or sell trades using STForex. This hands-on experience can help you gain confidence and become more comfortable with trading.
Furthermore, learning how to mitigate and manage investment risk is crucial. Trading with STForex involves developing a strategy considering risk management techniques such as stop-loss orders, diversification, and position sizing. By effectively managing risk, you can increase your chances of success in the markets.
Learning about the financial markets, trading platforms like STForex, and risk management techniques can help you become a more confident and successful trader.
Take an analytical approach to trading with STForex. Explore the STForex platform and train yourself to think systematically and logically about the markets.
While it may be a new skill set for some, it is what the market requires for success. Developing your trading skills with STForex, before live trading.
Customer Support at STForex
As part of our STForex review, we review customer service options, response times and problem resolution effectiveness on the STForex trading platform. The STForex trading platform supports multiple languages, which includes English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian,Hindi, Hebrew, Arabic, Russian.
STForex Available Support Types
Based on our experience, we have given STForex a D grade for customer support. We encountered some slow response times or STForex queries that were left unanswered.
Compared to other brokers, STForex offers fewer customer support features. They do not provide live chat support, and their phone and email support can also be slow.
email support and supports a limited amount of Languages. Live chat support supports a limited amount of Languages. Phone support supports a limited amount of Languages.Livechat Support at STForex
Our team tested the live chat support of STForex and found it to be satisfactory. While we received a response within 25 minutes on most occasions, there were instances where we did not receive a response at all.
In addition, we tested STForex support services in various countries and languages and found that STForex were able to effectively resolve our customer issues.
Email Support at STForex
We tested the email support of STForex by sending 25 emails simultaneously, and our experience was mixed. While the answer times were generally excellent, with the fastest response being 3 hours, the slowest response was 6 days. We also encountered some instances where we did not receive any STForex response.
The STForex team did resolve and answer our queries, but the email support from STForex was overall average compared to other brokers we have tested.
Phone Support at STForex
We contacted STForex via phone and received quick assistance within 10 minutes of our call.
The STForex phone support team proved to be helpful and able to resolve our queries and issues over the phone. We also tested the multilingual support provided by STForex and found that they could assist us in various languages.
While we found the STForex phone support satisfactory, there is room for improvement in response time.
See how STForex Support Compares Against Other Brokers
| Broker |
stforex
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IC Markets
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Roboforex
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eToro
|
|---|---|---|---|---|
| Support |
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| Languages | English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian,Hindi, Hebrew, Arabic, Russian | English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more | English, Chinese Simplified, Chinese Traditional, Indonesian, Malaysian, Portuguese, Spanish, Italian, Polish, Arabic, Thai, Russian, and Ukrainian | English, German, Spanish, French, Italian |
| Learn More | Visit STForex | Visit IC Markets | Visit Roboforex | Visit eToro |
| Risk Warning | Your capital is at risk | Losses can exceed deposits | Losses can exceed deposits | 51% of retail investor accounts lose money when trading CFDs with this provider. |
What you will need to open an account with STForex
As STForex is regulated by Unregulated.
As a new client of STForex, you will be required to pass a few basic compliance checks to ensure that you fully understand the risks involved in trading and are permitted to trade with STForex in your region. During the STForex account opening process, you will be asked to provide STForex with certain documents, including a scanned copy of your passport, driving license or national ID, as well as a utility bill or bank statement from the past three months to verify your address.
When registering with STForex have the following documents available.
- STForex require a scanned colour copy of your passport, driver's license or national ID card.
- A recent utility bill or bank statement that confirms your residential address for STForex compliance. This must be dated within the last six months.
- If you plan to fund your STForex account using a credit or debit card, you will need to provide a scanned copy of the front and back of your card. You can mask any sensitive information like the CVV code on the STForex platform.
It's worth noting that the expiration date of the proof of address document may differ for different entities under STForex Brand. Additionally, you will need to answer some basic compliance questions to confirm your level of trading experience. This process usually takes around 5 minutes, and once you've passed compliance, you can start exploring STForex's platform.
However, remember that you won't be able to make trades on STForex until you have passed compliance, which may take several days, depending on your circumstances. It's essential to complete the STForex KYC compliance process as soon as possible to avoid any delays in accessing the STForex platform's features.
It is important to note that STForex may request additional documents or information to verify your identity or comply with regulations. The account opening process usually takes a few minutes to complete, and you can start exploring the STForex platform and features immediately. However, you must pass the verification process to start live trading with STForex, which can take up to a few business days.
To start the process of opening an account with STForex you can visit the STForex trading platform here.
Your capital is at risk
You should consider whether you can afford to take the high risk of losing your money.
CFDs are leveraged products and can result in significant losses, excess of your invested capital. All trading involves risk. Only risk capital you're prepared to lose. Past performance does not guarantee future results.
This post is for educational purposes and should not be considered investment advice. All information collected from https://stforex.com/ on November 18, 2024.
Watch this STForex Explainer Video
Is STForex A Good Broker?
We have spent over 5 years examining STForex in depth. Although we found some very useful aspects of the STForex platform that would be useful to some traders. We feel that a alternative to STForex may better suit you.
- STForex have a good track record of offering Forex trading, CFD trading, .
- STForex has a history of over 16 years.
- STForex has a reasonable sized customer support of at least 10.
- STForex are regulated by the Unregulated. STForex is subject to strict regulatory oversight from its respective jurisdiction, which holds STForex (the broker) accountable for misconduct. This regulatory framework helps ensure that STForex operates fairly and transparently and provides STForex customers with a safe and secure trading environment. In any disputes, the regulatory body may also act as an arbitrator to help resolve issue between you and STForex.
- STForex have regulation from reputable regulators.
- One of the advantages of using STForex is the quick processing time for deposits and withdrawals, which typically takes only 2 to 3 days. Fast withdrawals from STForex are particularly important as STForex traders want to receive their money quickly. With the efficient STForex payment processing system, traders can enjoy faster access to their STForex funds.
- STForex have an international presence in multiple countries. Including local STForex seminars and training.
- STForex can hire people from various locations in the world who can better communicate in your local language.
STForex Risk Disclosure
Your capital is at risk
Trading Risk Disclaimer
Trading financial instruments such as cryptocurrency and foreign currency markets involves high risk and is unsuitable for everyone. When trading on leverage, the potential for loss is significantly higher than when dealing with just your funds. Risky trading leverage allows you to control larger positions with less capital, increasing both the potential for profit and loss.
You will be exposed to a high risk of loss regarding leverage and margin-based trading.
Furthermore, some off-exchange financial instruments and derivatives may offer varying leverage levels and may not be subject to the same regulatory protections as exchange-traded instruments. As a result, they may be subject to higher levels of market volatility and carry a higher degree of risk.
It is important to note that no investment product, technique, or strategy can guarantee profits, and past performance does not necessarily indicate future results. Any investment involves the possibility of financial loss, and it is important to carefully consider your investment objectives, risk tolerance, and financial situation before making any investment decisions.
Trading financial instruments is a high-risk activity that requires careful consideration and risk management. It is important to be aware of the potential for loss and to only invest what you can afford to lose.
STForex not quite right?
If after reading this STForex review, STForex does not fulfill your needs check out these STForex Alternatives.
Click here to view the best STForex Alternatives
We have spent years researching the best alternatives to STForex. Click the links below to learn more.
After extensive research over several years, we have compiled a list of the most effective STForex alternatives available today. If you are unsatisfied with STForex or want to explore other options, we recommend checking out our carefully curated list of highly-rated STForex alternatives. Follow the links below to learn more about these STForex broker alternatives and choose the one that best suits your trading needs.
- IC Markets Review
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Related STForex Vs Comparisons
Throughout our comprehensive STForex review, we have covered a lot of ground and provided an in-depth analysis of the platform's features and functionality.
If you're interested in comparing STForex against other popular brokers in the industry, check out our STForex Vs pages. Our team has compiled a series of detailed STForex comparison articles, pitting the STForex platform against some of the best-rated STForex competitors in the market. Dive into our informative STForex Vs pages below to find out how STForex stacks up against other leading brokers.
- STForex vs ICMarkets
- STForex vs Roboforex
- STForex vs eToro
- STForex vs XTB
- STForex vs XM
- STForex vs Pepperstone
- STForex vs AvaTrade
- STForex vs FPMarkets
- STForex vs easyMarkets
- STForex vs SpreadEx
- STForex vs FxPro
- STForex vs AdmiralMarkets
- STForex vs ThinkMarkets
- STForex vs FXPrimus
- STForex vs Trading212
- STForex vs ForexMart
- STForex vs Eightcap
- STForex vs ForTrade
- STForex vs InteractiveBrokers
- STForex vs Forex.com
- STForex vs IG
- STForex vs Robinhood
- STForex vs Coinbase
- STForex vs Binance
- STForex vs Oanda
- STForex vs CMCMarkets
- STForex vs HargreavesLansdown
- STForex vs Ayondo
STForex review
STFOREX Frequently Asked Questions
Read our detailed STForex FAQ Section updated for 2025.
Can I try STForex?
STForex offer a demo account so you can try the STForex platform with virtual trading before you put down a payment. Virtual trading with STForex is zero risk. Learn more here
What funding methods do STForex accept?
Please note that the list of payment methods below depends on the STForex Entity and the client's Country of Residence.
STForex offer the following funding payment methods Debit Cards, Mastercard, VISA, Web Money, QIWI, Yandex Money, Perfect Money, Bank Transfer, among other payment methods.
Learn more here
Is STForex safe?
STForex have over 10,000 users. While STForex may not be considered unsafe, they are not regulated or supervised by any major regulatory body. Depending on your trading style this may be okay. We recommend you trade with a regulated broker.Any payments funded to STForex accounts by traders are held in a segregated bank account. For added security,STForex use tier-1 banks for this. Tier 1 is the official measure of a bank's financial health and strength.Trading with STForex is risky, and because the market is so volatile, losses could happen at any time. Do not invest with STForex unless you are prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong.
Your capital is at risk
Is STForex trading good?
STForex is considered good and reputable to trade with STForex. STForex is used by over 10,000 traders and STForex users. STForex offers Forex trading, CFD trading, and trading. Minimum deposit with STForex is 10.
Is STForex trading Legit?
STForex was founded in St.Vincent and the Grenadines in 2008. STForex has been facilitating trade on the financial markets for over 16 years. STForex offers clients Forex trading, CFD trading, and trading. All funds deposited to STForex are held in segregated bank accounts for security. STForex is not regulated. Although this doesn't mean STForex are awful, we recommend trading with regulated brokers.
Is STForex a good broker?
STForex allows Forex trading, CFD trading, and trading. STForex is overseen by the top tier financial regulators Unregulated so can be considered a good broker.
Is STForex trustworthy broker?
Despite any potential benefits associated with STForex, it is important to exercise caution when considering trading with an unregulated broker. Only trade with regulated brokers who adhere to strict industry standards and regulations. A regulated broker ensures that any funds you deposit are separate from the broker's operating funds in segregated bank accounts. A well-regulated broker cannot directly access your funds, providing added security and peace of mind. Therefore, before choosing a broker like STForex, check their regulatory status and ensure that money is held in a segregated account to mitigate any risks associated with unregulated trading.
What is the minimum deposit for STForex?
The minimum deposit to trade with STForex is 10.
How long do STForex withdrawals take?
Withdrawing money from STForex processing time varies depending on the method but averages 1-5 days.
Is STForex regulated?
STForex is not regulated by a top tier financial regulator.
Is STForex a market maker?
STForex is a market maker. Stocks, currency and other commodities and instruments will be brought or sold by STForex even if no buyer or seller is lined up.
How can I start trading with STForex?
When opening a trading account with STForex, you will need to sign up here. After completing the necessary steps of receiving login details via email, submitting identification documents for account validation, and making a deposit, the next step is downloading the preferred trading platform. For detailed guidance on STForex trading platforms, you can follow the link provided below: Learn more about signing up with the STForex trading platform here. This will provide useful information and insights into the various trading platforms offered by STForex, enabling you to make an informed decision about which platform to choose for your trading needs.
Is my money safe with STForex?
Yes your money is safe with STForex.
Overall, strict financial regulation is essential for ensuring that trading platforms like STForex operate fairly, transparently, and responsibly, which ultimately benefits all STForex stakeholders involved.
Trading platforms like STForex must have strict financial regulation for several reasons:
- Protecting STForex Investors: Strict financial regulation ensures that investors who use the STForex trading platform are protected against fraudulent or unethical behavior by the STForex platform or its employees. Financial regulation can help to prevent investors from losing their money due to dishonest practices by the STForex platform.
- Maintaining STForex Financial Stability: Strict regulation helps maintain the financial system's stability by preventing excessive risk-taking when using the STForex trading platform. Regulatory procedures reduce the likelihood of the STForex platform experiencing financial difficulties or failing, which could have ripple effects throughout the financial system.
- Enhancing STForex Transparency: Regulations require trading platforms like STForex to maintain detailed records and disclose STForex client information. Financial regulatory requirements enhances transparency and helps to build trust between the STForex platform and its investors.
STForex is regulated by the Unregulated. When selecting a broker such as STForex, one of the most critical factors to consider is the broker's regulatory body and regulatory status. Unregulated brokers pose a direct risk to the security of their client's funds, as they operate without any oversight or regulation. In contrast, regulated brokers are subject to strict rules and regulations that prevent them from manipulating market prices or engaging in fraudulent activities. As a reputable broker, STForex ensures that withdrawal requests are processed promptly, demonstrating its commitment to transparency and accountability. However, brokers that violate regulatory rules can face the consequences such as losing their regulatory status in specific regions, highlighting the importance of working with a trusted, regulated broker for your trading needs like STForex.
Is STForex a con?
While we would not say that STForex is a con. Because a top tier financial regulator does not regulate them, we would not trade with them.
Can you make money with STForex?
Although traders have had great success with STForex, trading on the financial markets with STForex is not a get-rich scheme. If you educate yourself, practise with a demo account and carefully plan your trading, your chance of success will greatly increase. Never trade with money you cannot afford to lose. Your capital is at risk.
Does STForex have fees?
STForex doesn't charge withdrawal fees. STForex does charge a fee for inactive accounts. STForex doesn't charge deposit fees.
When was STForex founded?
STForex was founded in 2008.
How many people use STForex?
STForex is used by over 10,000 registered STForex users.
What is STForex Headquarters country?
STForex has its head quarters office in St.Vincent and the Grenadines .
Does STForex offer negative balance protection?
STForex offers negative balance protection. With Negative balance protection, traders cannot lose more money than they have deposited.
Does STForex offer guaranteed stop loss?
STForex does not offer guaranteed stop loss. With guaranteed stop loss protection, risk is managed. Traders are guaranteed to close your trade at your specified price. Stop Loss orders are guaranteed only during market hours and under normal trading conditions.
Does STForex allow scalping?
STForex offers scalping.
Does STForex allow hedging?
STForex does not offer hedging.
Does STForex offer CFD trading?
STForex offers CFD trading.
Does STForex offer STP?
STForex offers STP trading.
How many people use STForex?
STForex is used by over 10000 STForex users and traders.
Is STForex an ECN broker?
STForex does not offer ECN trading.
Does STForex offer a demo account?
STForex offers a demo account.
Does STForex offer an Islamic account?
STForex does not offer Islamic accounts.
What are the funding methods for STForex?
Please note that funding methods and options available with STForex can be found in the STForex Members area and depend on the STForex client’s country of residence. Please check your specific available payment methods on the STForex website. STForex accept the following funding methods : Debit Cards, Mastercard, VISA, Web Money, QIWI, Yandex Money, Perfect Money, Bank Transfer.
STForex review written by Andrew Blumer and Mark Hansen
