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/10

StocksCM

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

https://stockscm.com/

Website

Rating Index

Contact

+448449864883
compliance@stockscm.com
https://stockscm.com/

Licenses

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

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

Single Core

1G

40G

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Contact number

English

+448449864883

Other ways of contact

Broker Information

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Company Name

StocksCM

Abbreviation

StocksCM

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 : 2024-07-16
  • 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

StocksCM · WikiFX Survey

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StocksCM · Company Summary

General Information & Regulation

StocksCM was founded in 2019 and is a St. Vincent and the Grenadines registered Forex and CFD broker. StocksCM is not currently effectively regulated by any regulatory body.

Market Instruments

StocksCM offers investors popular financial instruments, including Forex currency pairs, indices, stocks, CFDs, commodities, and cryptocurrencies.

Minimum Deposit

To meet the investment needs and trading experience of different investors, StocksCM offers four different types of accounts: Silver (minimum deposit of 250 EUR), Gold (minimum deposit of 10,000 EUR), Platinum (minimum deposit of 50,000 EUR), and VIP (invitation only).

StocksCM Leverage

Trading leverage varies depending on different trading accounts. Leverage is up to 1:100 for Silver, 1:200 for Gold, 1:300 for Platinum, and 1:400 for VIP.

Spreads & Commissions

The official StocksCM website provides real-time spreads for each trading instrument. There is no information about commissions.

Trading Platform

Instead of the most popular MT4/MT5 trading platforms, StocksCM offers its traders the specially developed StocksCM online trading platform. MT4 is the gold trading platform for Forex and CFDs, and it has an online group that constantly monitors it so that brokers do not add software to their advantage, so traders who offer an in-house trading platform instead of MT4/MT5 are inherently suspicious and should use it with caution.

Deposit & Withdrawal

StocksCM supports traders to deposit and withdraw funds from their investment accounts via wire transfer, VISA, MasterCard credit/debit cards, and e-wallets (APM, EFT, etc.).

StocksCM Pros & Cons

StocksCM Advantages Include:

3. Four account types to choose from

StocksCM Disadvantages Include:

1. Not subject to any regulation

2. High minimum deposit amounts for gold and platinum accounts

3. Non-MT4/MT5 trading platforms

4. No US clients

5. Fewer deposit and withdrawal options

User Reviews

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FX1322333510
more than one year
I have been investing with StocksCM and the agent seemed very friendly and helpful right up until I wanted to make a withdrawal. I made 7 withdrawals on the account which say they are "in progress" but my agent did not call me when he promised he would 3 days ago and I have not been able to get in touch with him by phone. He won't reply to my emails.....
2023-03-06 18:21
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