Stanford FX Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-12-19 16:25

Abstract：Stanford FX is a broker-trade of various instruments with a maximum leverage of 1:400 including 30 shares, 110 indices, 20 commodities, and 48 currencies. The broker also provides bronze, silver, and gold accounts. The minimum deposit is $500. Stanford FX is still risky due to its unregulated status.

Stanford FX Review Summary
Founded	2022-10-01
Registered Country/Region	China
Regulation	Unregulated
Market Instruments	Shares/Indices/Commodities/Currencies
Demo Account	✔
Leverage	Up to 1:400
Spread	/
Trading Platform	MT4/Web Trader 5(Web/Mobile/Mac/Linux/Windows)
Min Deposit	$500
Customer Support	Phone: +442037699204
Customer Support	Email: support@stanfordfx.com

Stanford FX Information

　　Stanford FX is a broker-trade of various instruments with a maximum leverage of 1:400 including 30 shares, 110 indices, 20 commodities, and 48 currencies. The broker also provides bronze, silver, and gold accounts. The minimum deposit is $500. Stanford FX is still risky due to its unregulated status.

Pros and Cons

Pros	Cons
Leverage up to 1:300	Unregulated
Various tradable instruments	Inaccessible official website
MT4 and MT5 available	No fee information
No commission

Is Stanford FX Legit?

　　Stanford FX is not regulated, making it less safe than regulated brokers.

What Can I Trade on Stanford FX?

　　Stanford FX offers a wide range of market instruments, including 30 shares, 110 indices, 20 commodities, and 48 currencies.

Tradable Instruments	Supported
Indices	✔
Commodities	✔
Shares	✔
Currencies	✔
Precious Metals	❌
Stocks	❌
Forex	❌
ETFs	❌
Bonds	❌
Mutual Funds	❌

Account Type

　　Stanford FX has three account types: bronze, silver, and gold. Traders with a sufficient budget can open a gold account. In addition, the demo account is predominantly used to familiarize traders with the trading platform and for educational purposes only.

Account Type	Bronze	Silver	Gold
Deposit amount	$500	$1000	$2500
Leverage	1:300	1:300	1:300
Training	No	Yes	Yes
Tech Analysis	No	No	No

Leverage

　　The maximum leverage is 1:400 meaning that profits and losses are magnified 400 times.

Trading Platform

　　Stanford FX cooperates with the authoritative MT4 trading platform and offers a dedicated Web Trader 5 trading platform available on the web, mobile, Mac, Linux, and Windows. Junior traders prefer MT4 over MT5. MT4 and MT5 provide various trading strategies and implement EA systems.

Trading Platform	Supported	Available Devices
Web Trader 5	✔	Web/Mobile/Mac/Linux/Windows
MT4	✔	Mobile/Web

Deposit and Withdrawal

　　The minimum deposit is $500. However, due to the official website being inaccessible, transfer processing times, methods, and associated fees are unknown.