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Stockpair.com

Cyprus|5-10 years|
Suspicious Scope of Business|Clone Firm Cyprus|High potential risk|

https://www.stockpair.com/

Website

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Contact

support@stockpair.com
https://www.stockpair.com/

Licenses

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

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40G

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Warning: Low score, please stay away! 2
Previous Detection : 2024-05-18
  • The claimed CyprusCYSEC regulation (license number: 229/14) is verified as a clone firm. Please pay attention to the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

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Stockpair.com · Company Summary

GENERAL INFORMATION AND REGULATION

Stockpair is a binary platform, and the site got its start all the way back in 2009. Stockpair is owned and operated by Nextrade Worldwide Ltd. they were owned by the same company. This is great to see, as you dont run into this all that often in the binary options world, where websites often change hands at the drop of a hat. Stockpair does not fall under any regulatory agencies, so it is unsafe to trade with it.

MARKET INSTRUMENT

Commodities: Coffee, Copper, Corn, Gas, Gold, Oil, Silver, Wheat. Stocks: with over 50+, Indices and over 100+ Currency pairs all available.

ACCOUNT AND LEVERAGE

Account types range from the standard to the premium line of Silver, Gold, Platinum and VIP. Accounts differ in trade size, cashback offer and even better support from their account manager.

The minimum deposit on Stockpair is $250, which is pretty much the industry standard. You can trade in USD, EUR, or GBP. Deposit methods include credit or debit card, wire transfer, Skrill, SOFORT, Giropay, iDEAL, QIWI, or AstroPay.

Stockpair does not offer demo account directly, however, it is offered to you after completing your first deposit

TRADING PLATFORM AVAILABLE

As one of the oldest companies in the world of online binary options trading, Stockpair offers a stable trading platform which has already processed a significant volume of trading transactions. The platform is based on the market pricing system and ensures that traders are provided with the most recent market data.

The platform offers 256-bit encryption based on SSL, which, with the help of modern technology, ensures absolute safety of all ongoing deals and the account itself.

Stockpair‘s platform allows trading in classical binary options, the profitability of which depends on the price movement of the underlying asset, as well as a unique instrument called ’pair option. The essence of the latter is as follows: the trader needs to determine the relative price movement in a pair of two assets; for example, when opening an option on Google's growth in the Google-Apple pair, the trader will profit if the stocks of Google grow by a larger amount than those of Apple throughout the predetermined life of the option

DEPOSIT AND WITHDRAWAL

There are no withdrawal fees on Stockpair, which is awesome. The minimum threshold is only $20. On a lot of sites, it is $100 or more, so this again is fantastic. Do note however that if you deposit funds and decide to withdraw them without ever placing a trade, you will be charged a 7% handling fee.

Broker Information

Company Name

Nextrade Worldwide Ltd

Company Abbreviation

Stockpair.com

Regulatory Status

Clone Firm

Platform registered country and region

Cyprus

Company website
Phone of the company

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Customer Service Email Address
  • support@stockpair.com

Company Summary

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Jonathan Khoo
more than one year
The Stockpair.com website took a long time to load and finally failed. I see that its regulatory license is a clone, so maybe it's a scam company.
2023-02-24 18:40
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