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Score
Regulatory Index0.00
Business Index6.90
Risk Management Index0.00
Software Index4.00
License Index0.00
Single Core
1G
40G
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Company Name
Streams Financial Services Ltd
Company Abbreviation
StreamsFX
Platform registered country and region
Cyprus
Company website
X
Company summary
Pyramid scheme complaint
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General Information & Regulation
Streamsfx.com is owned and operated by Streams Financial Services Ltd under the trading name E.E. StreamsFX (streamsfx). Streams Financial Services Ltd is authorized and supervised by the Cyprus Securities and Exchange Commission (CySEC -19 Diagorou Street, 1097 Nicosia, Cyprus) as a Cyprus Investment Firm with License Number 376/19 and is a Member of the Investor Compensation Fund (ICF).
StreamsFX Market Instruments
Tradable financial instruments available include commodities, forex, indices, and precious metals. With forex instruments, traders can choose between 25 available assets.
StreamsFX Minimum Deposit
StreamsFX is furnishing traders with three account types to choose from: Classic (deposit from $500), Pro (deposit from $500) and ECN accounts (deposit from $20,000). The minimum deposit set by this broker is relatively high, and many other brokers requires the much less amount. Another feature with StreamsFX is having a working demo account to help users test how the platform works.
StreamsFX Leverage
StreamsFX offers the solid leverage levels up to 1:200. Of course, such ratios are only extended to professional clients in live trading environment, as per ESMAs guidelines. Leverage is capped throughout the EU for investor protection concerns.
Spreads & Commissions
The Classic account comes with spreads from 1.6 pips, with no commissions required. Spreads on the Pro and the ECN account start from 0 pips, and ask a commission of $ 4 per side and $ 3.5 per side respectively.
StreamsFX Trading Platforms
StreamsFX uses the legendary MetaTrader4 (MT4). This easy to use platform has proved to be reliable, offers one of the best charting packages, in-depth market information, as well as automated trading via Expert Advisors, API connectivity, and more. It can be used as a web platform on any browser, as a desktop download, and as mobile apps.
Deposit & Withdrawal
StreamsFX welcome traders to fund their accounts through a series of payment methods, including Visa, Mastercard & Maestro credit/debit card, some popular e-wallets like Skrill and Neteller, as well as bank transfer.
Trading Hours
StreamsFX follows the standard trading hours for the forex, indices and commodities markets. While the broker does not detail specific trading sessions or market holidays, the forex markets can be traded 24/5 Monday through Friday. Trading hours can also be viewed on the MT4 platform.
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