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Score

1.67 /10
Danger

StockSTP

Cyprus

10-15 years

Regulated in Cyprus

Market Making(MM)

Suspicious Scope of Business

High potential risk

https://www.stockstp.com

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Score

Regulatory Index3.84

Business Index8.23

Risk Management Index0.00

Software Index4.00

License Index0.00

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Licenses

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

Single Core

1G

40G

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Broker Information

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Company Name

WGM Service Ltd

Company Abbreviation

StockSTP

Platform registered country and region

Cyprus

Company website

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away!
Previous Detection : 2024-12-31
  • The number of this brokers's negative field survey reviews has reached 1. Please be aware of the risk and the potential scam!

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Danger

StockSTP

Cyprus

WikiFX Verification

StockSTP · Company summary
StockSTP Review Summary
Founded10-15 years
Registered Country/RegionCyprus
RegulationCYSEC
Market InstrumentsStocks, Commodities, Indices, Bonds, Cryptocurrencies
Demo AccountN/A
Leverage1:200
Trading PlatformMetaTrader 4, Sirix Webtrader
Min Deposit$250
Customer SupportEmail: support@stockstp.comTelephone number: +44 2039665893

StockSTP Information

Headquartered in Cyprus, StockSTP is regulated by CYSEC and has been in operation for 10-15 years. It offers trading on platforms such as MetaTrader 4 and Sirix Webtrader with leverage up to 1:200 and a commission of $10 per lot for ECN accounts.

Pros and Cons

Pros Cons
Trading on the renowned MetaTrader 4 platformHigh minimum deposit requirement of $250
Regulated by the Cyprus Securities and Exchange CommissionLeverage is relatively low at 1:200
Provides a range of account typesInaccessibility of the official website

Is StockSTP Legit?

StockSTP is regulated by the Cyprus Securities and Exchange Commission (CySEC) under license number 203/13.

Is StockSTP Legit?
Regulated CountryRegulated AuthorityRegulated EntityLicense TypeLicense Number
Is StockSTP Legit?
CYSECWGM Services LtdMarket Making(MM)203/13

What Can I Trade on StockSTP?

StockSTP mainly provides professional Forex trading services to clients around the world through a top trading platform.

Traders can trade a wide range of financial products including CFDS (contracts for Difference), metals, oil, stocks, futures, indices and ETFs (exchange traded funds) as well.

Tradable Instruments Supported
Forex✔
CFDS✔
Metals✔
Oil✔
Stocks✔
Futures✔
Indices✔
ETFs✔

Account Types

StockSTP has a minimum deposit of $250 to open a standard account. For VIP accounts, the minimum deposit requirement is much higher, reaching $50,000.

Leverage

StockSTP offers a maximum leverage of 1:200.

StockST Fees

The spread for EUR/USD is 2.1, the spread for GBP/USD is 3.5, and the spread for USD/JPY is 2.5.

Trading Platform

MetaTrader 4 (MT4) trading platform and the Sirix Webtrader are chosen by StockSTP to serve clients of different preferences.

Trading PlatformSupported Available Devices Suitable for
MT4✔Windows, MAC, IOS, AndroidInvestors of all experience levels
Sirix Webtrader✔Windows, MAC, IOS, AndroidInvestors of all experience levels

Deposit and Withdrawal

For deposit and withdrawal methods, StockSTP supports multiple payment options, including credit/debit cards, wire transfers and Skrill.

User Reviews

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时过境迁早已物是人非
more than one year
First of all, the broker's regulatory status is good, which means that trading with them is safe; Secondly, they offer a beginner-friendly mini account with decent trading conditions; Again, they offer a very easy-to-use MT4 trading platform; Finally, they support almost all popular deposit and withdrawal methods, including Skrill and Neteller. To sum up, I think this broker is worth trading.
First of all, the broker's regulatory status is good, which means that trading with them is safe; Secondly, they offer a beginner-friendly mini account with decent trading conditions; Again, they offer a very easy-to-use MT4 trading platform; Finally, they support almost all popular deposit and withdrawal methods, including Skrill and Neteller. To sum up, I think this broker is worth trading.
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2023-03-20 11:32
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狮子 黄金专户
more than one year
I used to invest in StockSTP, I opened a mini account and made some small investments. But I lost some money, so I withdrew money and closed the account. Now the company's website can't be opened! Is it a scammer?
I used to invest in StockSTP, I opened a mini account and made some small investments. But I lost some money, so I withdrew money and closed the account. Now the company's website can't be opened! Is it a scammer?
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2023-03-07 15:09
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