StoicFX
abstrak：Founded in 2023 and registered in South Africa, StoicFX offers a variety of tradable financial instruments, including foreign exchange, commodities, indices, and cryptocurrencies, and supports the MT5 platform and flexible trading options with a minimum deposit of $10. Although it offers advantages such as demo accounts, multilingual support, 24/7 customer service, and Islamic accounts, the company is not regulated and lacks detailed information about the deposit and withdrawal process, so investors need to be cautious about the security of their funds.
| StoicFXReview Summary | |
| Founded | 2023 |
| Registered Country/Region | South Africa |
| Regulation | FSCA (Exceeded) |
| Market Instruments | Forex, Commodities, Indices, Cryptocurrencies |
| Demo Account | ✅ |
| Leverage | / |
| Spread | From 0.0 pips |
| Trading Platform | MT5 |
| Minimum Deposit | $10 |
| Copy Trading | ✅ |
| Customer Support | Contact form |
| Email: Support@stoicfx.com | |
| Social Media: Twitter, Instagram, YouTube | |
| Address: Office 222, 2nd Floor Ingenuity Park, 3 Nandi Mthmebu Drive, Ballito, Kwa-Zulu Natal, 4420 | |
| Regional Restriction | Afghanistan, Algeria, American Samoa, Angola, Australia, Belgium, Bosnia and Herzegovina, Brazil, Cambodia, Canada, China, Cuba, Democratic People‘s Republic of Korea (DPRK), Guam, Guyana, Hong Kong, Indonesia, Iran, Iraq, Israel, Japan, Lao People’s Democratic Republic, Macao, Malaysia, Myanmar, New Zealand, Northern Mariana Islands, Panama, Papua New Guinea, Philippines, Puerto Rico, Russia, Singapore, South Korea, Sudan, Syrian Arab Republic, Taiwan, Thailand, Turkey, Uganda, US Virgin Islands, USA, Vanuatu, Vietnam, Yemen. |
StoicFX Information
Founded in 2023 and registered in South Africa, StoicFX offers a variety of tradable financial instruments, including foreign exchange, commodities, indices, and cryptocurrencies, and supports the MT5 platform and flexible trading options with a minimum deposit of $10. Although it offers advantages such as demo accounts, multilingual support, 24/7 customer service, and Islamic accounts, the company is not regulated and lacks detailed information about the deposit and withdrawal process, so investors need to be cautious about the security of their funds.
Pros & Cons
| Pros | Cons |
| Demo account available | Exceeded license |
| Various trading products | Regional restriction |
| MT5 support available | Limited info on accounts |
| Copy trading supported | |
| Low minimum deposit |
Is StoicFX Legit?
StoicFX is not regulated, and traders are advised to exercise caution when trading and use funds prudently.
| Regulated Country | Regulated Authority | Regulatory Status | Regulated Entity | License Type | License Number |
| South Africa | Financial Sector Conduct Authority(FSCA) | Exceeded | STOICFX (PTY) LTD | Financial Service Corporate | 53079 |
What Can I Trade on StoicFX?
StoicFX offers a variety of tradable financial instruments, including forex, cryptocurrencies, indices, and commodities.
| Tradable Instruments | Supported |
| Forex | ✔ |
| Commodities | ✔ |
| Indices | ✔ |
| Cryptocurrencies | ✔ |
| Bonds | ❌ |
| Mutual Funds | ❌ |
| Options | ❌ |
| ETFs | ❌ |
Fees
Spreads: the spread is from 0.0 pips.
Swap Fees: StoicFX offer swap-free accounts for traders adhering to Shariah law.
Trading Platform
StoicFX supports trading on the MT5 platform, which can be used on a variety of devices.
| Trading Platform | Supported | Available Devices | Suitable for |
| MT5 | ✔ | Desktop, Mobile, Web | Experienced traders |
| MT4 | ❌ | / | Beginners |
Deposit and Withdrawal
StoicFX supports the following payment methods: Bank Transfer, Instant EFT, Crypto, Credit/Debit Card.
Broker ng WikiFX
Exchange Rate
