StocksCM Spreads, leverage, minimum deposit Revealed

WikiFX | 2021-04-21 14:27

Abstract：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.

　　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