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STB Markets

United Kingdom|2-5 years|
Suspicious Scope of Business|High potential risk|

https://stbmarkets.com/

Website

Rating Index

Contact

https://stbmarkets.com/
177 Shaftesbury Avenue , London, WC2H 8JR

Licenses

No valid regulatory information, please be aware of the risk!

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

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1G

40G

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Danger

FR AMF
2023-01-11
Blacklists of unauthorized companies and websites: Forex
STB Markets
IpgateTrade
CintraGroup

Warning

FR AMF
2023-01-11

Broker Information

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Company Name

STB Markets

Company Abbreviation

STB Markets

Platform registered country and region

United Kingdom

Company website

Pyramid scheme complaint

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Warning: Low score, please stay away! 2
Previous Detection : 2024-05-24
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

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STB Markets · Company Summary

Aspect Information
Company Name STB Markets
Registered Country/Area United Kingdom
Years 1-2 years
Regulation Unregulated
Account Types VIP, Platinum, Gold, Silver, Bronze, and Main
Minimum Deposit $0
Customer Support Telephone: +447418376781, Email: support@stbmarkets.com,alexandre.b@itbmarkets.com

Overview of STB Markets

STB Markets is a relatively new brokerage company based in the United Kingdom. Established within the past 1-2 years, it operates without regulation from financial authorities.

The platform offers a variety of account types, including VIP, Platinum, Gold, Silver, Bronze, and Main. With no minimum deposit required for the Main account, users have the flexibility to start trading with any amount they prefer. Customer support is available via telephone and email.

Overview of STB Markets

Regulatory Status

STB Markets operates as an unregulated trading platform.

In unregulated environments, clients may have limited recourse and protection in the event of disputes or unforeseen issues. It's essential for individuals considering STB Markets to exercise caution and carefully assess their risk tolerance when engaging with an unregulated broker.

Pros and Cons

Pros Cons
No minimum deposit requirement Lack of regulatory oversight may pose risks for investors
Variety of account types available Limited transparency regarding company operations and practices

Pros:

  1. No minimum deposit requirement: STB Markets offers the advantage of not having a minimum deposit requirement for the Main account, allowing traders to start with any amount they're comfortable with. This can be appealing to beginners or those with limited funds.

  2. Variety of account types available: The platform provides a range of account types, including VIP, Platinum, Gold, Silver, Bronze, and Main. This variety caters to traders with different experience levels and trading preferences.

Cons:

  1. Lack of regulatory oversight: Since STB Markets operates without regulation from financial authorities, there's a risk factor for investors. Regulatory oversight provides a level of security and protection for traders, which may be lacking in this case.

  2. Limited transparency regarding company operations and practices: The platform may have limited transparency regarding its operations and practices, which can be concerning for traders who value transparency and clarity.

Account Types

The table outlines the different account types offered by STB Markets along with their corresponding minimum deposit requirements.

The VIP account requires a minimum deposit of $100,000, making it the highest-tier option.

Platinum accounts necessitate a deposit ranging from $50,000 to $100,000, followed by Gold accounts with a deposit between $25,000 and $50,000.

Silver accounts require a minimum deposit of $10,000 to $25,000, while Bronze accounts range from $2,500 to $10,000.

Lastly, the Main account, designed for new or smaller traders, has a minimum deposit requirement ranging from $0 to $2,500.

Account Type Minimum Deposit
VIP $100,000
Platinum $50,000 - $100,000
Gold $25,000 - $50,000
Silver $10,000 - $25,000
Bronze $2,500 - $10,000
Main $0 - $2,500
Account Types

How to Open an Account?

Opening an account with STB Markets is a straightforward process that can be completed online in a matter of minutes. Here's a breakdown of the steps involved:

  1. Visit the STB Markets website and click “Open Account.”

  2. Fill out the online application form: The form will request your personal information Be sure to have your identification documents (passport or ID card) and proof of address handy for uploading.

  3. Fund your account: STB Markets offers various deposit methods, including bank transfers, credit/debit cards, and e-wallets. Choose your preferred method and follow the instructions to complete the deposit.

  4. Verify your account: Once your account is funded, you'll need to verify your identity and address. This typically involves submitting scanned copies of your ID documents and proof of address.

  5. Start trading: Once your account is verified, you're ready to explore the STB Markets trading platform and start making trades.

Customer Support

STB Markets offers a comprehensive customer support system accessible via telephone and email.

Traders can reach out to the support team by dialing +447418376781 or by sending an email to support@stbmarkets.com or alexandre.b@itbmarkets.com.

Customer Support

Conclusion

In conclusion, STB Markets offers a compelling set of features, including no minimum deposit requirement and a variety of account types to cater to different trader preferences.

However, it's important to note the lack of regulatory oversight, which may pose risks for investors, and the limited transparency regarding company operations and practices.

FAQs

Q: How can I contact STB Markets customer support?

A: You can contact STB Markets customer support by dialing +447418376781 or sending an email to support@stbmarkets.com or alexandre.b@itbmarkets.com.

Q: What account types does STB Markets offer?

A: STB Markets offers various account types, including VIP, Platinum, Gold, Silver, Bronze, and Main accounts.

Q: What is the minimum deposit required for each account type?

A: The minimum deposit varies depending on the account type, ranging from $0 to $100,000.

Q: Does STB Markets provide a demo account?

A: Yes, STB Markets offers a demo account for traders to practice trading strategies and familiarize themselves with the platform.

Q: Is STB Markets regulated?

A: No, STB Markets is currently unregulated.

User Reviews

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LukeCheng
more than one year
One day, I saw a perfect opportunity to trade on the S&P 500 index. The market was volatile, and I aimed to capitalize on a predicted rise. I placed a buy order when the index was at 3300, expecting a quick execution to take advantage of the upward trend. However, due to the wide spreads at STB Markets, my buy order effectively started at 3305, costing me an immediate 5 points more than anticipated. This wider gap meant my potential profits were significantly reduced right from the start. Then came the issue with order execution speed. Instead of capturing the 3305 price, my order was executed several minutes later at 3310 because of the sluggish system, missing the initial jump I had spotted. By the time my trade was live, I had missed the optimal entry point, reducing my profit margin even further. To make matters worse, when I tried to reach out to customer service to discuss the delay and see if there was a way to mitigate this in future trades, I found them offline. I sent emails and waited for a live chat that never came online. It left me feeling stranded, without support, and frustrated with the lack of immediate assistance.
2024-03-08 14:47
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一颗红心向太阳
more than one year
STB Markets' trading platform is a real pain in the neck. It's just not user-friendly at all! It's like they've taken a few steps backward in terms of technology and features. You're lucky if you can even find the basic charting and analysis tools, let alone any advanced trading tools. As a trader, it's incredibly frustrating to have to spend so much time navigating and trying to make sense of the platform.
2023-03-28 10:08
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