STForex Review 2019

STForex Rated 3/5
STForex have a low rating. We recommend you look at one of their alternative brokers.
Plus500 matches your criteria. Visit Plus500 now here.

STForex Introduction

When trading in the financial markets it can be very time consuming to find a broker that meets your needs.

Often you have to visit and read many broker websites all of which have different uses of language. The wording can be very confusing. In our review of STForex we break down the pros and cons. What STForex are able to offer, what countries STForex are available in. Who STForex are regulated by and more.

Having a reliable and capable broker is crucial to your success in online trading. Make sure that your broker is not fake or unreliable to avoid losing your investment. Ensure that your needs fit the profile of your broker as well, in order for you to have a good working profitable relationship.

Benefits of trading with STForex

  • Regulated by: Financial Commission (FinaCom)
  • Headquarters Country : St.Vincent and the Grenadines
  • Foundation year 2008
  • Min Deposit : 1
  • Used by over 10,000 traders
  • STForex is not available in the following countries :
Open STForex's Website

Your capital is at risk

At the bottom of this review you can also learn about some pretty good alternatives to STForex

With this review we hope to help you see if STForex is a good fit for you.

It is a common myth that online trading is confusing. It is only difficult for people who have not done the research. In this article, you will learn important information regarding STForex that will help you get off to a good start in the world of online trading.

STForex Review Table of Contents

STForex what you should know

STForex offer three ways to trade: Forex trading, CFD trading, .

With STForex you will need a minimum deposit of $1. 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 choosing a broker like STForex the administrative body and regulatory status of the broker is very important. Brokers who conduct trades without supervision of a regulatory body do so at their own discretion. Any capital you invest is at risk.

Established in 2008, and in operation for 11 years STForex have a head office in St.Vincent and the Grenadines.

STForex is regulated. This means STForex are supervised by and is checked for conduct by the Financial Commission (FinaCom) regulatory bodies.

Regulated brokers will not manipulate market prices. When you send in a withdrawal request to STForex, this will be honored. If STForex violate any regulatory rules their regulated status could be stripped.

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 banks financial health and strength.

Try creating two accounts when you are working with STForex. One is the real account, with your real money and the other is your demo account. The demo account is your experimental account.

Open a demo account Visit STForex

Your capital is at risk

Full disclosure: We may receive a commission if you sign up with a broker using one of our links.

What we like about STForex

  • Used by over 10,000 traders
  • Established in 2008
  • Regulated by Financial Commission (FinaCom)
  • Min. deposit from $1

What we don't like about STForex

STForex General Fees

  • STForex withdrawal fees varies on payment method
  • STForex does charge inactivity fees
  • STForex does charge deposit fees

STForex Commissions

  • STForex does charge commission on CFD shares.

What can you trade with STForex?

You can trade a wide variety of instruments with STForex over 209 instruments infact.

If you are looking at trading currency pairs STForex offer over currency pairs.

Compare STForex with XTB and Plus500 below.

Your capital is at risk

FX / Currencies stforex XTB Plus500
Forex pairs offered 50 100
Major forex pairs Yes Yes Yes
Minor forex pairs No Yes Yes
Exotic forex pairs No Yes Yes
Cryptocurrencies No Yes Yes
Commodity CFDs STForex XTB Plus500
Commodities offered 0 21 17
Metals No Yes Yes
Energies No Yes Yes
Agricultural NO Yes Yes
Indiced & Stock CFDs STForex XTB Plus500
Stocks offered 1696 1816
UK Shares Yes Yes Yes
US Shares No Yes Yes
German Shares No Yes Yes
Japanese Shares No Yes Yes
stforex
Instruments
XTB
Instruments
Plus500
Instruments

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, making it easier to keep an eye on and execute your trades while you’re on the move.

See stforex's platforms

STForex Trading benefits :

  • Allows scalping
  • Offers STP
  • Low min deposit

STForex Trading Accounts Offered :

  • Demo account
  • Standard account
  • ECN account

Can I try STForex before I buy?

STForex offer a demo account so you can try before putting down funding payments. Open a practice account & learn to trade

What funding and withdrawl methods do STForex accept?

STForex offer the below funding payment methods. learn more about STForex

  • Bank Transfer
  • PayPal
  • Skrill
  • Neteller

How can I start trading with STForex?

When opening a trading account with STForex, you will need to sign up here. Once you have received your login details by email, submitted your identification documents for account validation, and made a deposit; the next step is to download the trading platform of your choice. You can find detailed guidance on STForex trading platforms here.

Performing trades with STForex

STForex allow you to execute a minimum of trade of varies. This may vary depending on the account you open. STForex allow you to execute a maxium trade of varies. As STForex offer ECN and STP execution, you can expect very tight spreads with more transparency over the price you‘re paying to execute your trades.

As with most brokers, margin requirements do vary depending on the trader, accounts and instruments.

Education resources at STForex

To trade effectively with STForex, it's important to get a have a good understanding of the XTB trading tools and the markets.

STForex offer a good selection of educational resources. Spend some time reading up on how the markets and trading works, making active trades, active trading times, and managing risk.

Having an analytical approach may be a good way to approach trading with STForex.

Take time to look around the STForex platforms and train yourself to think more systematically and logically about the markets. It's a new skill-set for many, but it is what the market requires of you.

Support at STForex

STForex support a wide range of languages including English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian,Hindi, Hebrew, Arabic, Russian

What you will need to open an account with STForex

As STForex is regulated by Financial Commission (FinaCom), every new client must pass a few basic compliance checks to ensure that you understand the risks of trading and are allowed to trade. When you open an account, you'll likely be asked for the following, so it's good to have these handy:

  • A scanned colour copy of your passport, driving license or national ID
  • A utility bill or bank statement from the past three months showing your address

You'll also need to answer a few basic compliance questions to confirm how much trading experience you have, so it's best to put aside at least 10 minutes or so to complete the account opening process.

While you might be able to explore STForex's platform straight away, it's important to note that you won't be able to make any trades until you pass compliance, which can take up to several days, depending on your situation.

To start the process of opening an account with STForex you can visit their website here.

CFDs are leveraged products and can result in the loss of your 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 as investment advice. All information collected from https://stforex.com/ on 12th August 2018.

STForex not quite right?

Check out these STForex Alternatives

We have spent years researching the best alternatives to STForex. Click the links below to learn more.

If you feel some of the above STForex are not quiet what you are looking for or perhaps you would just like to see some alternatives. See our highly rated list of STForex alternatives below.

Related STForex Comparisons

If you would like to see how STForex stands up against other brokers you can read some of our STForex comparisons below. We compare side by side some of our top rated STForex versus comparisons. Read some indepth STForex VS pages below.

STFOREX Frequently Asked Questions

Can I try STForex before I buy?

STForex offer a demo account so you can try before you put down and payment. Learn more here

What funding methods do STForex accept?

STForex offer the following funding payment methods Bank Transfers, PayPal, Skrill, Neteller, Wire Transfer, among other payment methods.
Learn more here

Your capital is at risk

How can I start trading with STForex?

When opening a trading account with STForex, you will need to sign up here. Once you have received your login details by email, submitted your identification documents for account validation, and made a deposit; the next step is to download the trading platform of your choice. You can find detailed guidance on STForex trading platforms here.

Is my money safe with STForex?

STForex is regulated by Financial Commission (FinaCom). One of the most important criteria for traders when choosing a broker like STForex is the regulatory body and regulatory status of the broker. Brokers who conduct business without regulation do so at their own discretion and pose a direct risk to the security of their clients money.

Regulated brokers will not manipulate market prices. When you send in a withdrawal request to STForex, this will be honored. If they violate any regulatory rules their regulated status can be stripped.