Score

1.29 /10
Danger

STYXTrade

United Kingdom

1-2 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Score

Regulatory Index0.00

Business Index5.27

Risk Management Index0.00

Software Index4.00

License Index0.00

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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

Broker Information

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Company Name

STYXTrade Group

Company Abbreviation

STYXTrade

Platform registered country and region

United Kingdom

Company website

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away!
Previous Detection : 2025-01-24
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

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STYXTrade · Company summary

The official website of STYXTrade(https://styx-trade.org/) is unavailable now.

STYXTrade Review Summary
Registered Country/RegionUnited Kingdom
RegulationUnregulated
Market InstrumentsETFs, Stocks, Bonds, Futures, Exchange Products, Cryptocurrencies
Demo AccountAvailable
LeverageUp to 1:3000
SpreadStarting from $0.08 pips
Trading PlatformMT5, MetaTrader 5
Min Deposit$250
Customer SupportPhone: +441519479678
Email: support@styx-trade.info
24/7 Online Chat: ×
Deposit & WithdrawalBank cards, Cryptocurrencies, Electronic Payment Systems

STYXTrade Information

With high leverage and several account kinds, STYXTrade is a UK-based platform offering access to a range of market products including ETFs, equities, and cryptocurrencies. Although the products are good, dealers must give much thought on the lack of regulatory control.

STYXTrade Information

Pros and Cons

ProsCons
Many market instrumentsUnregulated
Multiple account typesInaccessible website
Competitive spreads starting from $0.08 pipsUnclear commissions

Is STYXTrade Legit?

STYXTrade is unregulated.

Is STYXTrade Legit?

What Can I Trade on STYXTrade?

Among the many trading tools STYXTrade offers are ETFs, stocks, bonds, and cryptocurrencies. The range of the platform fits different trading approaches, although certain product information is not clear.

Tradable InstrumentsSupported
ETFs
Stocks
Bonds
Futures
Exchange Products
Cryptocurrencies
Indices

Leverage

STYXTrade offers high leverage up to 1:3000 for its users.

Account Types

6 account forms with different minimum deposits, spreads, and bonuses available from STYXTrade.

Account LevelMinimum DepositEUR/USD SpreadWithdrawals
Basic$2503.0 PIPS1 free withdrawal
Bronze$5,0002.9 PIPS2 free withdrawals
Silver$25,0002.9 PIPS5 free withdrawals
Gold$100,0002.7 PIPS1 free monthly withdrawal
Platinum$250,0002.1 PIPS3 free monthly withdrawals
VIP$500,0001.6 PIPSUnlimited free withdrawals

STYXTrade Fees

Spreads and CommissionsStart at $0.08 pips; smaller spreads are offered for higher-tier accounts.

There are no commission information mentioned.

Fee TypeDetails
SpreadStarting from $0.08 pips

Non-Trading Fees

The fees depend on the payment methods.

Payment MethodFeesProcessing Time
Cryptocurrencies0.5% – 1%Up to 24 hours
Bank Cards2.50%Up to 24 hours
Electronic PaymentsUp to 2%Instant availability

Trading Platform

STYXTrade only provides MT5 for its users.

Trading PlatformSupportedAvailable DevicesSuitable for
MetaTrader 5Mobile, DesktopProfessional and experienced traders
cTrader

Deposit and Withdrawal

STYXTrade provides flexible deposit and withdrawal options by means of cryptocurrencies, bank cards, and electronic payment systems

Deposit fees are typically 0%, with processing times varying by method.

Payment MethodCurrencyFeesProcessing Time
CryptocurrenciesMultiple0%1 hour
Bank CardsAny0%Instant
Electronic PaymentsUSD/EUR0%Instant

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User comment

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Comments

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Eadison
more than one year
STYXTrade's IT department seriously needs improvement. Issues take way too long to fix, causing a lot of frustration. I'm thinking about switching to a more reliable trading platform that values its users' time.
STYXTrade's IT department seriously needs improvement. Issues take way too long to fix, causing a lot of frustration. I'm thinking about switching to a more reliable trading platform that values its users' time.
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2024-01-04 14:28
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