STForex Review 2020

STForex Rated 3/5
learn more Learn more about eToro. 71% of retail investor accounts lose money when trading CFDs with this provider.
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STForex Guide - Read our In Depth STForex Review

This STForex review was written by industry experts with over 20 years of financial experience in Forex trading, CFD trading, .

What is STForex?

STForex are an a global online financial trading platform and multi asset broker founded in 2008

Over 12 years later STForex has grown to offering retail investors Forex trading, CFD trading, and trading.

STForex are a global broker and have a head office in St.Vincent and the Grenadines.

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

We will dive deep in this STForex review and assess how well the STForex platform functions in its role as an international multiple financial asset trading platform for traders in 2020.

Often you have to visit and read many broker websites all of which have different uses of language. The wording can be very confusing. Choosing an online broker like STForex can be difficult. For a beginner, the first few hurdles can come in the form of what appears to be a complex mobile or online trading platform, hard to understand investment terminology and confusing fee structures. In our review of STForex we breakdown 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.

This is why we have taken the time to review only the best brokerage firms, their practices, their fee structure and all other important aspects. We want you to evaluate and analyse and trust your hard-earned cash with only the safest and best of brokers. We hope you find this STForex review useful.

This review of the STForex platform is very detailed. If you are interested in trading with STForex in any capacity please take the time to read and research the whole STForex review.

We have tried to explain the ins and outs of financial trading through the STForex platform as plainly as possible so that you the trader are as informed as possible before you start to use the STForex trading tools and depositing and withdrawing funds from STForex.

Benefits of trading with STForex

Open STForex's Website

Your capital is at risk

Investing online can be just as risky as any other kind of offline investment. As with any investment, it is important to know and research the company you are dealing with. When trading financial assets with STForex like Forex trading, CFD trading, and trading. you should have confidence in STForex and know that the management of your financial investments on the STForex platform is in good hands.

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

With this STForex 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 review
STForex is a Multi-Assets Trading Platform with over 209+ Assets

Learn more about STForex. STForex is a multi asset platform with 209+ tradable Assets. Assets available on STForex include Forex trading, CFD trading, .

STForex trades in multiple financial asset types. An asset in financial investment, is any security or asset, tangible or intangible, that has a financial value attached. This means that Forex trading, CFD trading, are considered financial assets.

STForex review
Features of STForex

STForex review
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.

STForex review
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 12 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.

STForex review
Is my money safe with STForex?

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.

What are Tier 1 banks and why should STForex use them?

A Tier 1 bank is considered the safest and most secure regarding client capital. Tier 1 is actually a term describing the financial strength of a bank. A Tier 1 bank has strong core capital reserves and financial regulators utilize tier one banks because they are able to withstand unexpected financial losses.

What does it mean to have your funds in STForex deposited in a Tier 1 bank?

Having any money you deposit with STForex means that your funds are safe in a bank that has enough capital to accommodate your withdrawal wishes even if STForex goes out of business for some reason.

Therefore, we can safely conclude that STForex is secure and safe.

That said, please note that you can lose funds when trading in financial assets. Accounts can lose money due to either not putting enough effort into researching the markets, lack of experience or not using the tools provided by the brokerage platform.

While trading in financial investments, losing money rapidly due to trading Forex trading, CFD trading, is not uncommon. Only take the risk of trading when you understand that your invested capital is at risk any time due to market volatility. STForex also clearly state on their platform that Your capital is at risk.

Now that we have answered some important questions regrding STForex. let us look at the STForex features in more detail.

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.

How STForex as a Company Compare Against Other Brokers

Broker stforex eToro IC Markets XTB
Year Established 2008 2006 2007 2002
Head Office St.Vincent and the Grenadines Cyprus, UK Australia Poland
Regulation Financial Commission (FinaCom) Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID), Australian Securities and Investments Commission (ASIC) Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) Financial Conduct Authority (FCA), FCA number FRN 522157, Cyprus Securities and Exchange Commission (CySEC), CySEC Licence Number: 169/12, Comisión Nacional del Mercado de Valores, Komisja Nadzoru Finansowego, Belize International Financial Services Commission (IFSC) under license number IFSC/60/413/TS/19, Polish Securities and Exchange Commission (KPWiG)
Used By 10,000+ STForex users 12,000,000+ eToro users 60,000+ IC Markets users 250,000+ XTB users
Negative balance protection Yes Yes Yes
Guaranteed Stop Loss No No No
Learn More Visit STForex Visit eToro Visit IC Markets Visit XTB
Risk Warning Your capital is at risk 71% of retail investor accounts lose money when trading CFDs with this provider. Losses can exceed deposits 82% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

STForex review
STForex Pros and Cons

What we like about STForex

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

What we don't like about STForex

STForex review
STForex Regulation and Licensing in more detail

We have checked and STForex is regulated and supervised by reputable organisations. You are able to check every STForex supervisory and regulatory body given below. Regulation gives you some recourse for those who have issues with STForex. Regulatory authorities protect the traders with things like reimbursement schemes that regain the client's investment in the event the broker becomes insolvent.

The brokerage firms have to comply with a variety of rules and criteria determined by the recognized international authority with the intention to provide secure trading and stay licensed. The whole notion of regulation is to protect STForex traders and provide a safe trading environment.

STForex is governed and supervised by reputable financial regulatory bodies. Regulatory bodies monitor the behavior of the brokers and if things go wrong they will take necessary action. Before trading online with a broker such as STForex you should be sure they're legitimate online agent.

STForex review
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 nations including nations in Europe, Asia, Oceania, and Africa. Major countries STForex covers include the UK, Germany, Australia, South Africa, Thailand, the United States and China. STForex has a total of more than 10,000 users.

STForex review
STForex Fees Explained

  • STForex withdrawal fees varies on payment method
  • STForex does charge a fee for inactive accounts.
  • STForex does charge deposit fees.

Brokers offer state of the art online trading platforms, mobile trading apps, financial research tools and educational resources. For a brokerage to maintain these services and earn revenue as a company, brokers may charge clients various fees.

How STForex Fees Compare Against Other Brokers

Broker stforex eToro IC Markets XTB
Min Deposit 1 200 200 0
Withdrawal Fees varies Yes No varies
Inactivity Fees Yes No No
Deposit Fees No Varies No
CFD Commission Fees No Yes Yes

STForex review
STForex Minimum Deposit

STForex require a minimum desposit of 1 GBP/USD 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.

Dont be scared off by brokers like STForex charging a minimum deposit to open a trading account. Brokers that charge higher minimum deposits often offer additional premium services on there platforms that are not available for free on other platforms.

Brokers that offer lower minimum deposits are generally geared towards a more mainstream audience that do not require some of the more advanced features and research tools.

Brokers that do not charge minimum deposits do so usually to attract new customers. They have to make some way, so transaction commissions and other fees may be higher with a low minimum deposit account.

Brokers that require a larger minimum deposit amount usually offer a greater range of trading features on their platforms. These brokers often have more in depth technical analysis and research tools and better risk management features.

As more and more online trading platforms have entered the market, minimum deposit requirements to open a live trading account have gone down as an increasing number of brokers compete for new clients.

Depending on the type of trading account you opt for some brokers require a minimum deposit as high as 6500 GBP/USD. Some brokers can go as high as 10,000 GBP/USD.

STForex review
STForex Withdrawal Fees

STForex withdrawal fees vary depending on your selected withdrawal payment method.

Each broker has their own specific withdrawal rules on how your funds can be withdrawn from your trading accounts.

This is because each brokerage firm will have different withdrawal methods and each payment provider may have differing transfer processing fees and processing times.

STForex for example allow you to withdraw your funds to PayPal, Skrill, Neteller, Bank Transfer.

STForex review
STForex Inactivity Fees

STForex does charge a fee for inactive accounts.

An account inactivity fee is a fee charged to the registered brokerage client.

Brokers may have certain trading activity requirements that under the terms and conditions of the accounts, clients may have to fulfill.

If a clients trading account dues not have any buying and selling over a period of time as dictated by the broker an inactivity fee may be due.

Inactivity fees are not specific to online trading accounts. Many financial service companies may charge inactivity fees. Please check on the brokers website and make sure you are aware of and are happy with all the services and fees you may be charged.

If you are no longer using your trading account close it with the brokers customer support. And make sure you have a confirmation that any remaining fees are not due.

Depending on the type of account you have signed up for you can only be charged an inactivity fee under certain circumstances. As part of a brokers regulation they are required to clearly disclose any inactivity fees.

Some brokerage firms may charge inactivity fees as compensation for maintaining your account on their expensive trading platforms, in an attempt to claw back revenue for the lack of commission fees from your trading.

STForex review
STForex Desposit Fees

STForex does charge deposit fees.

Some brokers may charge a fee when you deposit funds from your payment method to your trading account. This is because the payment method which you use to fund your account may accrue a fee. The fee may be a fixed fee when you deposit a specific fiat currency to your account. For example fees are known to be high when depositing funds from a credit card. This is if your broker accepts funding your account via a credit card.

STForex review
STForex Commission Fees

STForex does charge commission on CFD instruments.

A broker may charge a commission fee as a service charge for facilitating the buying and selling of financial assets through your trading account.

A brokerage may make most of their revenue from charging registered traders a commission fee on client transactions.

Commission fees can differ depending on the trading type, financial asset type and what level of trading account you have.

Broker commissions are charged if the brokerage fulfills an order, cancels an order or modifies and order on your behalf.

If a market order is not fulfilled by your brokerage usually no commission is charged.

Be aware that if your order is modified or canceled, your brokerage may charge a commission fee.

STForex review
What can you trade with STForex?

Be aware that Different entities under STForex Brand offer different trading instruments due to regulatory restrictions. Trading instruments offered may differ based on the country of residence of the Client.

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 eToro and IC Markets below.

Your capital is at risk

How STForex Trading Options Compare Against Other Brokers

Broker stforex eToro IC Markets XTB
Instruments Available 209 2000 232 4000
Platforms MT4, MT5, XM WebTrader. Web Trader, Tablet & Mobile apps MT4, MT5, Mirror Trader, ZuluTrade, Web Trader, cTrader, Mac MT4, Mirror Trader, Web Trader, Tablet & Mobile apps
FX / Currencies        
Forex pairs offered 50 65 50
Major Forex pairs Yes Yes Yes Yes
Minor Forex pairs No Yes Yes Yes
Exotic Forex pairs No Yes Yes Yes
Cryptocurrencies No Yes Yes Yes
Commodity CFDs        
Commodities Offered 0 31 19 21
Metals No Yes Yes Yes
Energies No Yes Yes Yes
Agricultural NO Yes Yes Yes
Indiced & Stock CFDs        
Stocks Offered 957 100 1696
UK Shares Yes Yes No 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 eToro
71% of retail investor accounts lose money when trading CFDs with this provider.
Visit IC Markets
Losses can exceed deposits
Visit XTB
82% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

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


See STForex's platforms

STForex review
Is the STForex Trading Platform Secure?

STForex safeguards the personal information of its clients through SSL encryption in its PC and mobile platforms. STForex also urges its clients through its web platform to always look for the SSL security sign (a lock sign) o the browser while operating STForex.

STForex review
STForex Trading Platform Options

Once you have logged into your STForex account you will see the below trading platform options available to you.

  • MetaTrader 4 (MT4)
  • MetaTrader 5 (MT5)

STForex does not offer the cTrader trading platform. You can find a broker that supports cTrader here

Lets explore each of these trading platforms in detail and what options STForex gives you.

STForex review
STForex MetaTrader 4 (MT4)

STForex MetaTrader 4

MetaTrader 4 also known as MT4 is the number one trading platform on the planet and has been in active use on financial markets since 2005. The MetaTrader 4 software delivers a feature-rich, user-friendly interface and an extremely customisable trading environment, designed to ful fill all of your trading needs and boost your trading performance. Charting functionality and advanced order management tools make certain you could monitor your positions quickly and economically.

Understand that the MetaTrader 4 (MT4) trading platform was developed primarily to trade Forex but you can also trade other types of financial instruments through CFDs and Spread Betting. You will not be able to trade Stocks, Indices, Commodities, ETFs, Futures on any MetaTrader 4 (MT4) platform unless they are CFD contracts or Spread bets. You will not own any underlying assets with CFDs or Spread bets as you are speculating on price movements with STForex. You can learn more about the MT4 Platform 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 PC's and Apple Macintosh computers. STForex MetaTrader 4 is compatible with the latest macOS Mojave. STForex allows traders to trade on mobile devices through Android and IOS devices like the iPhone.

Metatrader 4 Webtrader on STForex

MetaTrader 4 is the most popular trading platform in the world as most and more traders begin to trade online Metatrader 4 is available as a web based application available through your web browser. MetaTrader 4 web software provides the same easy to use performance as the desktop version using advanced charting, a highly customisable trading environment, easy to access online trading tools and many different indicators. You can enjoy our Raw Pricing trading environment without a Dealing Desk from anywhere in the world.

Trade STForex MetaTrader 4 on IOS Devices

You can download the STForex app or also trade with STForex through the MetaTrader 4 application on the Apple app store.

Download the Metaquotes MetaTrader 4 Program for free of charge from Apple's App Store. IC Markets customers have instant access to this Financial markets, with the ability to completely manage a Portfolio on the go.

Trade STForex MetaTrader 4 on Android Devices

Andorid mobile devices and tablets are used by millions of people globally. STForex provides its clients access to the MetaTrader 4 platform on Android supported devices so that customers can monitor the financial marketplace and trade directly from their Android-based Smartphones and tablets. The Android STForex MetaTrader 4 Android application enable traders to make the most of multiple advanced trading features which enables them to monitor and trade Forex quickly on the go, simply and securely.

Trade STForex MetaTrader 4 Trading Central

Trading Centrals Alpha Generation Indicators is a Bundle of three Major indicators including:

  • Analyst Perspectives - A go-to resource for leadership and key levels.
  • Adaptive Candlesticks - Identifies chart patterns which illustrate important changes in demand and supply.
  • Adaptive Divergence Convergence (ADC) - Much like MACD however useful at shorter lengths and provides more timely signs.

STForex MetaTrader 4 Advanced Trading Tools

The STForex advanced trading tools for MetaTrader 4 are aimed at improving the total trading experience and providing traders with a competitive advantage. STForex offers access to 20 exclusive tools which includes feature rich trade execution & management programs, sophisticated notification alarms, messaging facilities, innovative market data & more.

Trade STForex MetaTrader 4 MultiTerminal

MetaTrader 4 MultiTerminal provides a intuitive easy to use dashboard where traders can administer and supervise several trading accounts. MultiTerminal will let you manage over 100 Accounts simultaneously allowing you to place market orders, pending orders, view live market prices and track all accounts and equity at real time. All Trading accounts must be in on the same MetaTrader server. MultiTerminal doesn't support Automated Trading scripts like Expert Advisors.

STForex MetaTrader 4 & MetaTrader 5 AutoChartist

STForex Autochartist provides the world's first Market Scanner available for MT4 & MT5 using a non-trading Expert Advisor script. Scan markets for trading opportunities while viewing all symbols and time intervals from a single graph. Gone are the days of launching a lot of graphs on which you can't remember which currency you're taking a look at. Autochartist offers a simple user interface that can be customized to suite how you like to trade.

STForex review
STForex MetaTrader 5 (MT5)

STForex MetaTrader 5

MetaTrader 5 also known as MT5 is a multi asset trading platform that provides a wide range of trading features and financial research tools, MT5 also allows the use of automated trading systems (trading robots) and copy trading. New features like additional timeframes and advanced charting tools can give you a competitive advantage in the financial markets.

MetaTrader 5 was released in 2010 and is the updated version of MetaTrader 4.

MetaTrader 4 was built specifically to trade Forex and CFDs, MetaTrader 5 on the other hand facilitates trading of Forex, Futures, Stocks, Algorithmic Trading, ETFs and Indices.

IC Markets MetaTrader 5 Instruments

IC Markets MetaTrader 5 Charting

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. It features a huge 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 analyse the financial markets.

STForex review
STForex MT5 Buying and Selling

IC Markets MetaTrader 5 Buying and Selling

STForex MetaTrader 5 on IOS Devices

STForex MetaTrader 5 Can Operate on the and newer IOS devices like the iPhone and iPad. MetaTrader 5 requires a mobile internet connection or a connection to Wi-Fi. It's suggested that you 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

MetaTrader 5 for Android may be used on a Android smartphone or a tablet powered by the Android 5.0 or higher operating system. Additionally, to connect to STForex trading server. Take the time to understand all of the Android MetaTrader 5 features. With Metatrader 5 for Android you can trade a selection of financial instruments at any time, in any place.

STForex Metatrader Mobile Application Features

MetaQuotes the developers of Metatrader have listened to the feedback of their millions of users and have built the most popular mobile trading platform in the world. MetaTrader features include :

  • Financial instrument quotes
  • View in depth price charts of financial instruments
  • Manage trades and open positions
  • View your trading history
  • View market news
  • MetaTrader internal messaging
  • View and research market statics of STForex financial instruments
  • Position opening and closing
  • Lookup symbols in the quotes section
  • Display of deals on graphs
  • Timeframe selection for graphs and charts
  • Additional vertical scaling of graphs
  • Capability to transfer 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

STForex MetaTrader 5 Advanced Trading Tools

STForex MetaTrader 5 has many advanced trading tools for the more advanced users. Understanding these tools can give you a competitive edge.

  • Depth of market bids and asks
  • Price Data
  • Margin Calculation, Futures, Forex
  • Advanced Techincal Analysis
  • One click trading
  • Spreads
  • Futures
  • Trading Reports

STForex Trading benefits :

  • Allows scalping
  • Offers STP
  • Low min deposit

STForex Trading Accounts Offered :

  • Demo account
  • Standard account
  • ECN account
  • STP 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

Your capital is at risk

STForex withdrawal and funding methods.

Please note that the list of STForex payment methods below depend on the STForex Entity and the Clients Country of Residence.

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

STForex Payment Methods

  • STForex accepts PayPal
  • STForex accepts Skrill
  • STForex accepts Neteller
  • STForex accepts Bank Transfer
Broker stforex eToro IC Markets XTB
Bank transfer Yes Yes Yes Yes
Credit Cards No Yes Yes Yes
Paypal Yes Yes Yes Yes
Skrill Yes Yes Yes Yes
Payoneer No Yes No Yes
Neteller Yes Yes Yes Yes

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.

Your capital is at risk

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 instruments.

STForex Leverage and STForex CFDs Explained

let's take a look at some of the basics of using STForex leverage.

STForex offer CFD are a leveraged product for this example we describe ten times leverage.

So you have a ten thousand dollar position but you only tie up a thousand dollars a tenth of the value on your account. You have a situation where a small sum of money is controlling a much bigger financial position. This is your leverage.

So what effect does leverage have on your profits and losses well put simply it magnifies them in both directions.

STForex leverage magnifies both profits and losses when trading.

Let's say for example you buy ten thousand dollars worth of General Electric (GE) using contracts for difference ( CFDs ) using the STForex trading platform.

let's say General Electric (GE) rises 10% because its results are positive your position which was worth ten thousand dollars is now worth $11,000.

It's grown by $1000 10% in value this represents a hundred percent increase on the funds initially committed on your leverage CFD trade.

Our initital investment of ten thousand dollars for the trade and has made a thousand dollars in profit because the price is up ten percent.

The STForex leverage goes both ways. If General Electric (GE) Falls 10% on week results your position which was worth ten thousand dollars is now worth only nine thousand dollars. It has fallen by a thousand dollars.

STForex CFDs are typically used for short to medium term trades. For example STForex intraday trading.

Education resources at STForex

To trade effectively with STForex, it's important to get a have a good understanding of the STForex 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.

Customer 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

STForex have a D grade support rating because because sometimes the response was slow or our query wasnt answered. STForex less customer support features compared to other brokers like live chat, phone and email support. 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

We tested the STForex live chat and it works well. We sent messages to STForex livechat through their app and website and recieved a response within 20 minutes. Sometimes there was no response.

We tested communicating with STForex support in multiple languages in multiple countries. STForex where able to resolve our customer issues.

Email Support at STForex

We sent several emails to STForex and answer times overall were excellent. The fastest response from STForex was 4 hours and the slowest response was 5 days. Sometimes there was no response. Support response times may vary for you with STForex, but this was our experience sending 10 emails at varying times.

The team resolved and answered our queries. Overall average email support from STForex.

Phone Support at STForex

We called STForex and the call was answered very quickly. The call was answered in less than 5-10 minutes.

The STForex phone support team were able to successfuly answer our questions and issues over the phone. We tested the multilingual STForex team by calling in varying languages. STForex made an effort to make sure our queries were answered.

Overall the phone support from STForex was okay.

See how STForex Support Compares Against Other Brokers

Broker stforex eToro IC Markets XTB
Support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
Languages English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian,Hindi, Hebrew, Arabic, Russian English, German, Spanish, French, Italian English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian, and Turkish
Learn More Visit STForex Visit eToro Visit IC Markets Visit XTB
Risk Warning Your capital is at risk 71% of retail investor accounts lose money when trading CFDs with this provider. Losses can exceed deposits 82% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

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:

Be aware Please kindly note that the expiration date of Proof of address document for different entities under STForex Brand may be different.

  • 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 3 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 the STForex trading platform 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 November 26, 2020.

STForex review
Is STForex A Good Broker?

We spent over 3 months examining STForex in depth. Although we found some very useful aspects of the STForex platform that would be useful to some traders. Overall our feeling is that you would be better served with an alternative STForex broker.

  • STForex have a good track record of offering Forex trading, CFD trading, .
  • STForex has a history of over 12 years.
  • STForex has a reasonable sized customer support of at least 10.
  • STForex are regulated by Financial Commission (FinaCom). This means STForex fall under regulation from a jurisdiction that can hold a broker responsible for its misgivings; or at best play an arbitration role in case of bigger disputes.
  • STForex have regulation from a Tier 1 reputable country.
  • STForex has the ability to get deposits and withdrawals processed within 2 to 3 days. This is important when withdrawing funds.
  • STForex have an international presence in multiple countries. This includes local STForex seminars and training.
  • STForex are able to hire people from various locations in the world who can better communicate in your local language.

STForex Risk Disclaimer

Your capital is at risk

STForex review
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.

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.

STForex review
Related STForex Vs Comparisons

We have covered allot in this STForex review, If you want to see how STForex compares side by side with other brokers check out our STForex Vs pages.

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 our indepth STForex VS pages below.

STForex review
STFOREX Frequently Asked Questions

Can I try STForex before I buy?

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

What funding methods do STForex accept?

Please note that the list of payment methods below depend on the STForex Entity and the Clients Country of Residence.

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

Your capital is at risk

Is STForex safe?

STForex are considered safe as they are regulated by and checked for conduct by the Financial Commission (FinaCom). 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.

Is STForex trading good?

STForex is considered good and reputable to trade with STForex. STForex is used by over 10000 active traders and STForex users. STForex offers Forex trading, CFD trading, and trading. Minimum deposit with STForex is 1.

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 12 years. STForex offers clients Forex trading, CFD trading, and trading. All funds deposited to STForex are held in segregated tier 1 bank accounts for security. STForex is regulated by Financial Commission (FinaCom) so can be considered legit.

Is STForex a good broker?

STForex is overseen by the top tier financial regulators Financial Commission (FinaCom) so can be considered a good broker. STForex allows Forex trading, CFD trading, and trading.

Is STForex trustworthy broker?

STForex can be considered trustworthy. All money funded to STForex is placed into a segregated tier 1 bank account. this means your money in not held by STForex directly but a tier 1 bank. The broker has no direct access to your funds so cannot misappropriate your money. Also STForex is regulated by Financial Commission (FinaCom).

What is the minimum deposit for STForex?

The minimum deposit to trade with STForex is 1.

How long do STForex withdrawals take?

Withdrawing money from STForex processing time varies but averages 2-5 days.

Is STForex regulated?

STForex is regulated by Financial Commission (FinaCom).

Is STForex a market maker?

STForex is a market maker. Stocks, currency and other commodities and instruments will be purchased by STForex even if no buyer is lined up.

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.

Is STForex a con?

STForex is regulated and well established having been in business for over 12 years. STForex is definitely not a con.

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 withdrawal fees varies on payment method. STForex does charge a fee for inactive accounts. STForex does charge deposit fees.

When was STForex founded?

STForex was founded in 2008.

How many people use STForex?

STForex is used by over 10000 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 does not offer negative balance protection. With Negative balance protection means 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 guarenteed 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 offers 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?

STForex accept the following funding methods : PayPal, Skrill, Neteller, Bank Transfer.

STForex review written by Andrew Blumer and Mark Hansen

We hope you found our review of the STForex brokerage firm useful.

This article was written by our financial editor Mark Hansen and Andrew Blumer.

Mark was previously of the Kiel Insitute and has worked with financial organisations across Europe, Australia, South East Asia, South Africa and the Middle East. Mark has over 15 years experience in financial analysis, forecasting, financial modeling idenifying new market opportunities in Stocks, CFD's, Forex and Commodities.

Andrew has a well-established career in fintech and came up with comparebrokers.co to make trading on financial markets more transparent and accessible.

Whether you want to trade Forex, Stocks, Commodities or Indices we will help you find the best online broker for you from 400+ brokers for clients based in the UK, Europe, Asia, South Africa and Australia.

STForex review written by Mark Hansen of Comparebrokers.co