Min. Trade Size
StoxMarket is a broker platform offering one on one services concerning Forex and CFD (Contracts for Differences) trading. This is a highly risky trading environment and it is very important that you sign up for a legitimate and reliable broker. If you miss doing that, you might end up accumulating losses. And no trader would want that. Initial failure might turn out to be very disappointing for passionate novice investors.
Review Verdict: StoxMarket is NOT a Scam
Our goal is to keep you up to date and informed on the possible scams and genuine forex brokers – which to avoid and which to trust if you wish for a favorable experience. Read our full review on Stox Market if you still have doubts that it might be a scam.
Is StoxMarket Scam or Not?
The StoxMarket brand belongs to the privately owned company Marketier Holdings Limited. Their payment service provider is the UK based London firm Profitier Limited. Our investigation found a bulk of information on the two companies. They have a solid background and add to the reliability of the StoxMarket broker.
Stox Market was launched in 2013 as a brand of Marketier Holding Ltd and its trading platforms are licensed. Since then, their client base has been rapidly growing with lots of loyal and satisfied customers. This is due to the fact that the StoxMarket broker offers not only an easy way to generate good trading results online but also guarantees a high level of security by following strict policies and practices.
Stox Market – Account Types & DEMO
Stox Market is one of the brokers that offer few in number account types, but those are equipped with all the tools necessary for successful trading. Apart from the basic trading account, you can open with a small initial deposit in USD or its equivalent in pounds or euros, there are three other account types which include the following features and benefits:
- Silver Account – minimum deposit is $1,000. This is an introductory trading account for beginners. It provides daily briefing and research materials and results, video tutorials, webinars and seminars, and a general account manager.
- Gold Account – minimum deposit of $5,000. It is suggested for advanced traders which want to become experts. This is the standard account type of StoxMarket. Comes with daily news and signals, and premium daily trading analyses.
- VIP Account – minimum deposit of $20,000. It is suitable for experts in online investments. Apart from everything available for the other account types, and the VIP account comes with premium customer support.
Regardless of your account type, you will be able to trade on all of your devices – desktop, tablet or mobile phone, thanks to the offered apps which are free for download and use. Apart from that, if you are a novice, Stox Market gives you the opportunity to begin trading with a Demo account. You can sign up for it and get to know the user-friendly platform. You are free to upgrade to a live trading account the moment you feel comfortable and confident enough to start investing real funds.
Bonus Policy, Deposit & Withdrawals
Once you sign up for StoxMarket, you become eligible for receiving different types of bonuses. While most brokers offer only welcoming bonus, Stox Market provide also loyalty bonuses, cash back and “refer a friend” bonuses. The only requirement to receive a bonus is to invest as a starting amount of a minimum of $1,000. StoxMarket gives you the opportunity to decline the available bonus if you are not satisfied with the terms and conditions of receiving it.
Regarding the transfer of funds, StoxMarket accepts various secure methods for that. You can use Credit or Debit card, you can make a fast wire transfer, use an e-wallet. You can also use local payment methods. Their full list is available in your personal account after you log into the StoxMarket platform. What is curious about the broker is that if your deposit is more than $2,500 any transfer fees or charges will be covered by the StoxMarket team and the transfer will not cost you a thing.
Withdrawal requests are usually processed within 3 business days. For safety purposes, StoxMarket has developed a strict method of verifying the owner of the trading balance and you have to meet their requirements to prove your identity in order to transfer your funds. This guarantees a high level of security and safety of your finances.
Advantages of StoxMarket Broker
There are a number of things that give StoxMarket an edge over other trading brokers. Most notable among them is the safety of the trading experience provided by the brokerage. It also applies the award-winning MetaTrader4 trading platform and offers 2048-bit encryption. The customer support service is available 24 hours a day, 7 days a week and offers adequate and quality help to the clients that need it.
Stox Market is a very good broker offering great special features to the average trader. It guarantees safety and security, and most importantly – high quality of service. The StoxMarket brokerage has proven itself to be a reliable partner in trading forex. With a wide variety of opportunities, extensive training materials, and very good security, our investigation shows that StoxMarket is suitable for both newbie traders and professionals.