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/10

ST Market

Cambodia|2-5 years|
MT5 Full License|Chinese market only|High potential risk|

https://stmarket.com/

Website

Rating Index

MT4/5 Identification

MT4/5

Full License

STMarket-Demo

United Kingdom
MT5
2

Influence

B

Influence index NO.1

Hong Kong 7.11

MT4/5 Identification

MT4/5 Identification

Full License

2
Server Name
STMarket-Demo MT5
Server Location United Kingdom

Influence

Influence

B

Influence index NO.1

Hong Kong 7.11

Surpassed 99.61% brokers

Biz AreaSearch StatisticsAdvertisingSocial Media Index

Contact

+44 (0) 800 368 9785
info@stmarket.com
https://stmarket.com/
AMASS Tower, Street 63, Phum 6, Chamkar Mon, Boeng Keng Kang Mouy, Phnom Penh, 12302, Cambodia

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

Open Now

Contact number

English

+44 (0) 800 368 9785

English

+66 (0) 2114 7415

Broker Information

More

Company Name

STMarket Company Limited

Company Abbreviation

ST Market

Platform registered country and region

Cambodia

Company website

Pyramid scheme complaint

Expose

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Warning: Low score, please stay away!
Previous Detection : 2024-04-27
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

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ST Market · Company Summary

Aspect Information
Company Name STMarket Company Limited
Registered Country/Area Cambodia
Founded Year 2020
Regulation No Regulation
Tradable Assets Forex, Metals, Energies, Indices, Cryptocurrency
Account Types STANDARD ACCOUNT, PREMIUM ACCOUNT, ECN ACCOUNT, Demo account available
Minimum Deposit $50 (STANDARD ACCOUNT)
Maximum Leverage Up to 1:99+
Spreads From 0.1 pips
Trading Platforms Meta Trader 5 (MT5)
Demo Account Available
Customer Support Phone, Email, Registered Office Addresses in UK and Cambodia
Deposit & Withdrawal Paysafe, Neteller, Skrill, Bank Wire, Online Credit/Debit Card, Third Party P2P Payment, China Union Pay

Overview of ST Market

STMarket, established in 2020 and headquartered in Cambodia, operates without formal regulation. This broker offers a wide range of tradable assets, including forex, metals, energies, indices, and cryptocurrencies, through the Meta Trader 5 platform. Attending to a various clientele, STMarket provides various account types such as STANDARD, PREMIUM, and ECN accounts, with a minimum deposit requirement starting from $50. Despite the absence of educational resources, it supports multiple deposit and withdrawal methods and offers customer support through phone and email, alongside physical offices in the UK and Cambodia.

Overview of ST Market

Pros and Cons

ST Market offers up to 1:200 leverage on Indices and competitive spreads for Forex, attractive for traders looking for high leverage and low-cost trading. The broker also provides the MetaTrader 5 (MT5) platform, which is well-regarded in the industry for its advanced features. The broker facilitates transactions with various deposit and withdrawal methods, adding convenience. However, potential drawbacks include the lack of regulation which will concern some traders regarding the security of their funds. Additionally, commissions on most accounts and a minimum withdrawal limit could be considered restrictive.

Pros Cons
  • Leverage up to 1:200 on Indices
  • No Regulation
  • Competitive spreads for Forex
  • Commisions charged for most accounts
  • No deposit fees
  • Minimum withdrawal limit of 100 USD
  • Utilization of MT5
  • Withdrawals below $100 processed monthly
  • Multiple deposit and withdrawal methods
  • No customer support on weekends

Is ST Market legit or a scam?

ST Market lacks regulatory supervision. This situation underscores critical concerns about client fund security and the broker's commitment to ethical trading practices. Engaging with unregulated brokers involves risks, such as limited protection in disputes or financial discrepancies.

Is ST Market legit or a scam?

Market Instruments

ST Market presents a wide assortment of trading instruments across several categories:

  • Forex: Offers tight spreads from 0.1 pips, appealing to competitive forex trading environments.

  • Metals: Enables trading in key precious metals, aiding in investment diversification.

  • Energies: Provides opportunities for speculation in the energy sector with commodities like Oil and Natural Gas.

  • Indices: Allows trading on major global indices with leverage options up to 1:200.

  • Cryptocurrencies: Grants access to the burgeoning cryptocurrency market, highlighting the platform's versatility.

Market Instruments

Account Types

STMarket offers three trading account types, appealing to various trader needs and preferences:

  • STANDARD ACCOUNT: Ideal for beginners with a $50 minimum deposit, spreads starting from 1.6 pips for FX majors, and leverage up to 1:99+. It offers zero commissions on forex trading, with $20 per lot commissions for stock indices.

  • PREMIUM ACCOUNT: Requires a $100 minimum deposit, offering tighter spreads from 1.2 pips for FX majors, and the same leverage up to 1:99+. This account type also features $15 per lot commissions for stock indices trading.

  • ECN ACCOUNT: Tailored for advanced traders, with a $200 minimum deposit, raw spreads starting from 0.2 pips for FX majors, and leverage up to 1:99+. It introduces commissions from $6 per lot on forex trades, offering the most competitive conditions for high-volume trading.

A demo account is also available for practice trading.

Feature Standard Account Premium Account ECN Account
Minimum Account Deposit $50 $100 $200
Spreads (FX Majors) From 1.6 pips From 1.2 pips From 0.2 pips
Spreads (GOLD) From 1.5 pips From 1 pips From 0.5 pips
Leverage Up to 1:99+ Up to 1:99+ Up to 1:99+
Commissions From Zero From Zero From $6 per Lot
Stock Indices Commission RAW SPREAD + $20 per Lot RAW SPREAD + $15 per Lot RAW SPREAD + $6 per Lot
Account Types

How to Open an Account with ST Market

Opening an account with STMarket involves a straightforward process: visiting the website, selecting the desired account type, filling out the registration form, completing verification with required documents, and funding the account through preferred payment methods.

How to Open an Account with ST Market

Leverage

STMarket provides a maximum trading leverage of up to 1:99+ for all its trading accounts. This enables traders to magnify their trading capacity with a minimal capital outlay. Leveraging such high levels demands a disciplined approach to trading, taking into account both the opportunities and the risks involved.

Leverage

Spreads & Commissions

The Standard Account features minimum spreads starting at 1.6 pips for FX Majors and 1.5 pips for Gold, with commission-free trading for most instruments, except stock indices which attract a commission of $20 per lot.

The Premium Account improves on this with spreads beginning at 1.2 pips for FX Majors and 1 pip for Gold, alongside reduced stock indices commissions of $15 per lot.

For traders seeking tighter spreads, the ECN Account provides raw spreads from as low as 0.2 pips for FX Majors and 0.5 pips for Gold, with a modest commission of $6 per lot extending to stock indices as well.

Trading Platform

ST Market equips its traders with the MetaTrader 5 (MT5) platform, distinguished by its state-of-the-art functionality and adaptability. MT5 serves a wide array of traders, delivering an all-encompassing set of tools for efficient charting, order placement, and position management. With its user-friendly and adaptable interface, the platform suits myriad trading preferences. It spans desktop and web versions for broad device compatibility. Moreover, the MT5 mobile application enriches trading experiences on iOS and Android, integrating advanced order options and detailed market insights.

Trading Platform

Deposit & Withdrawal

ST Market offers a variety of deposit and withdrawal methods to suit client preferences, including Paysafe, Neteller, Skrill, 24/7 E-payment, and online banking transfer. The platform supports Bank Wire, major Credit/Debit Cards, Third Party P2P Payment, and China Union Pay for deposits, without charging any deposit fees.

Withdrawals have a minimum limit of 100 USD, with smaller amounts being processed monthly on the 10th, or the following workday if the 10th is not a working day.

Deposit & Withdrawal

Customer Support

ST Market ensures 5-24 hour support availability, whether through face-to-face interactions, phone communications, or email:

CONTACT NUMBER:

UK Office: +44 (0) 800 368 9785

Cambodia Office: +855 (0) 10883 288

Thailand Office: +66 (0) 2114 7415

REGISTERED OFFICE ADDRESS:

STMarket Company Limited

AMASS Tower, Floor 23, Street 63,Phum 6, Boeng Keng Kang 1, Phnom Penh, Cambodia

STMarket UK Limited

20-22 Wenlock Road, London, England, N1 7GU, United Kingdom

EMAIL ADDRESS:

info@stmarket.com

Thai@stmarket.com

Customer Support

Conclusion

ST Market, founded in 2020 and based in Cambodia, offers a suite of trading assets without regulatory oversight, blending benefits with potential risks. Its various asset range, competitive pricing, and leverage options are created to meet varied trader needs. The adoption of MetaTrader 5 underscores its commitment to providing a robust trading platform. Nonetheless, the absence of regulation, commission fees, withdrawal restrictions, and limited customer support highlight areas of caution for prospective clients.

FAQs

Q: Is ST Market regulated?

A: ST Market is not regulated, highlighting potential risks associated with their trading environment.

Q: What account types are available?

A: ST Market offers varied account types, with a minimal initial deposit requirement of $50 to accommodate different traders.

Q: Which trading platform does ST Market use?

A: The brokerage utilizes MetaTrader 5, offering advanced functionalities for an enriched trading experience.

Q: What's the starting deposit at ST Market?

A: An initial deposit of $50 is required to begin trading.

Q: Are there commission fees?

A: Yes, most accounts at ST Market are subject to commission fees.

Q: What's the withdrawal threshold?

A: Withdrawals must meet or exceed $100 at ST Market.

Q: Can I trade crypto assets?

A: Cryptocurrency trading is supported, adding to ST Market's asset diversity.

Risk Warning

Online trading poses substantial risks, with the potential for complete loss of invested capital, rendering it unsuitable for all traders. It is imperative to comprehend the inherent risks and acknowledge that the information provided in this review is subject to change due to continuous updates in the company's services and policies.

Additionally, the review's generation date is a critical consideration, as information may have evolved since then. Readers are strongly advised to verify updated details directly with the company before making any decisions, as the responsibility for utilizing the information herein rests solely with the reader.

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FX1644703142
more than one year
ST Market links accounts with its affiliate LARACM, who is an unprofessional fund manager. Once the account is associated with LARACM, withdrawals will be denied. ST Market is a fraudulent broker.
2024-03-14 19:02
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