Best Binary Options Broker!
Perfect For Beginners!
Free Trading Education!
Free Demo Account!
Good Choice For Experienced Traders!
StockPairВ Review – is stockpair.com scam or good binary options broker?
|Minimum deposit||Min. bet size||Payout %||Bonus||Trading platform|
|$, €, £500||$20||80%*||None||Proprietary web|
* The payout is dynamic and most of the time is around 70%
Stockpair is a binary options broker offering trading in binary options, pair options (floating and fixed) – a simple and direct way to trade in relative performance of stocks and profit by predicting which stock within a given stock pair will perform better and kiko options – a trading instrument in which the trader predicts which of the upper or lower price targets (barriers) the asset price will hit first.
|Account type||Min. initial deposit||Welcome bonus||Risk-free trades|
|Stockpair||$, €, £500||None||None|
|Premium platinum||$20 000||None||None|
|Premium VIP||$50 000||None||None|
There is one basic type of live trading account. But there are premium accounts with growing size of deposits. They bring various extras, such as cash back, trading indicators, higher limit for open positions and personal trade experts.
There, however, is no free demo account.
The company. Security of funds
|Nextrade Worldwide Ltd.||Cyprus||CySEC|
Stockpair is a brand of the Cypriot investment company Nextrade Worldwide Ltd., which is regulated by the Cyprus Securities and Exchange Commission. Under the CySEC rules, the brokerages cannot offer bonuses in order to attract clients, hence Stockpair does not offer any bonuses.
There are plenty of binary options brokers regulated by CySEC, as a matter of fact, most of the regulated ones are indeed licensed by CySEC and for the most part are abiding by some rules. Nevertheless, we are of the opinion that trading in binary options is rather risky and is more like gambling, rather than trading. And, as we all know, the casino always wins in the end.
Trading Options: Binary options on currencies, commodities, indices and European stocks, pair options (floating and fixed) on European stocks, commodities and indices and kiko options on currencies, European stocks and commodities.
Assets: Currencies, Stocks, Indices, Commodities
Expiry times: 1 minute – 14 days
Minimum initial deposit
Perfect For Beginners!
Free Trading Education!
Free Demo Account!
Good Choice For Experienced Traders!
The minimum initial deposit for a standard trading account is $, €, £500, which is double than the more or less standard 250 currency units, let alone compared to Grand Capital, which requires just $10 for a binary options account.
Minimum bet size
The minimum bet size is $20, which is relatively high. BDSwiss, for example, has a minimum bet size of $5, while Grand Capital has set it at $1.
The information about the payout amount is not readily available. According to the promotional video on Stockpair’s site, it can be up to 80%, which is around the average. According to the customer support, the payout % is dynamic and we observed that it is around 70-74% max for binary options on the popular EURUSD pair.
Stockpair offers its proprietary trading platform. The broker claims it is easy to use, reliable and secure and offers accurate quotes and fast execution. It is available on computers and mobile devices.
Methods of payment
Stockpair provides numerous payment options such as credit/debit cards and the payment platforms Skrill, Neteller, Qiwi, Sofort Banking, Giro Pay, Astro Pay and Ideal.
Stockpair is a regulated binary options broker. Its Cyprus license means it can operate throughout the EU, but not elsewhere. This is why there have been warnings against it from the Ontario Securities Commission and the Australian Securities and Investments Commission – the broker cannot operate in Ontario or Australia.
Stockpair has a rather extensive portfolio and has been around for quite a while. There haven’t been many complaints against it and it seems it has a relatively decent reputation, as far as binary options brokers reputation goes.
|CySEC regulation||High deposit requirement|
|Extensive portfolio||High minimum bet|
|No demo account|
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Stockpair has been redefining the world of online investments in terms of offering unsurpassed and trader-focused conditions, something rarely found these days. We undertook a review of Stockpair to ascertain whether it’s a broker worth reckoning with in the binary options industry.
Stockpair is the trading name of a company called NXB Financial Services Limited.
In addition, the company’s credit card transactions are separately handled by a company called NFX Services OU. This affirms that it is committed to offering credible and reliable conditions to binary options traders. Therefore, Stockpair is not a scam broker.
However, during our review of the broker, we found that it lacks enough regulation to allow U.S. traders to benefit from its services.
Stockpair is committed to offering the best environment for traders to make the most profits from their activities. As such, the broker offers a user-friendly and robust web-based platform, which is built to guarantee accuracy of orders, transparency of data, and safety of funds.
Worth mentioning, Stockpair’s trading platform has a rich collection of tools and resources to assist traders make informed decisions. You will benefit from clear presentation of prices, fast and simple access to important data, and uncomplicated navigation across the platform.
If you enjoy limitless trading from anywhere in the world, you can download the broker’s mobile trading platform for Android and iOS devices. Furthermore, Stockpair offers a free demo account, which you can use to try out its offerings, particularly on the workings of the trading platform.
Assets and Payouts
Stockpair offers more than 100 assets for trading, consisting of currencies, stocks, commodities, indices, and pairs.
The expiry times are very flexible, ranging from 60 seconds to 150 days. Interestingly, if you trade the KIKO options, you’ll enjoy no fixed time! (This is an innovative feature unique only to Stockpair).
In terms of payouts, it offers up to 83% returns on successful orders. And, if you trade the floating pair options, you can earn even better lucrative payouts, reaching 350%.
Deposits and Withdrawals
Opening a new account on Stockpair’s website is devoid of too many complexities — you just need to fill the simple form and submit the required authentication documents, and you’ll start experiencing the benefits of binary options trading, first-hand. After opening an account, the broker offers several secure and convenient ways of depositing funds, including the major credit cards and electronic payment methods.
You can make deposits in a currency of your choosing—U.S. dollars, Euros, or British Pounds. The minimum deposit required is 250 currency units. And, the bonus amount will be determined once your account is active. Importantly, Stockpair keeps clients’ funds securely in segregated accounts with renowned financial institutions. Therefore, you can always have a peace of mind, knowing your funds are safe.
Stockpair aims to process clients’ withdrawal requests as fast as possible. Normally, it can take up to five business days for requested funds to be available in your account.
Based on your deposit amount, you can be entitled to any of the following types of accounts:
Stockpair strives to provide clients with unmatched trading experience and excellent service. During our review of the broker, we were impressed with the high-quality of customer service it offers to customers.
Its dedicated customer support department is accessible via live chat, email, and telephone—24 hours a day, 7 days a week. Support is available in various languages, such as English, French, German, and Arabic—whichever language you choose, you’ll have the solution most suited to your needs. In addition, since it is focused at ensuring traders succeed, the broker has a resourceful education section, which is filled with various learning materials for gaining in-depth market knowledge. Everything you need to succeed in binary options and pair options trading is available.
As evidenced in this Stockpair review, the broker’s existence is worthwhile and it deserves its unmatched position in the industry. The broker’s unswerving commitment to transparency, word-class trading environment, and professional customer support, are second to none. Therefore, if you want to maximize the rewards of your investment by having a broker who places the interests of traders first, going for Stockpair will not leave you disappointed—whether you are beginner or an experienced trader.
Regulated by CySEC: License No. 229/14
US Traders not Allowed
StockPair is a regulated binary options brand operated by Nextrade Worlwide Ltd. They are fully regulated by CySEC under license number 229/14), making them a safe and trusted broker. Unlike other brands, they are also registered with a number of regulatory authorities in different countries such as Italy (CONSOB) and France (AMF).
The StockPair platform is an example of a proprietary trading platform, developed by this company with a filed patent (they even won DailyForex.com’s “platform of the year” in 2020).
One of the great things about StockPair’s innovative platform is that they offer very high payouts and that you can choose a fixed expiry time at any point during the day. For example, if you want to choose a 1M, 5M or 15M expiry time than you can do so at any point. This distinguishes the broker from other SpotOption and TechFinancials based brokers, which only let you choose expiry times that are available on their platform. The advantage of using StockPair then is that you can apply your own binary options strategies and analysis to enter you trade as soon as you receive a valid entry signal.
Payouts and Expiry Times
StockPair offers excellent payouts of around 5-10% higher than most brokers. This definitely sets them apart and enabled you to make a higher return on your investment. The two trade types that exist on StockPair are as follows:
a) An 82% payout for the paired option trade.
b) 80% payout for a successful bet on the Call/Put option.
The use of the loss return function will reduce the payout by a maximum factor of 10%. Payouts are also affected by the use of the Early Closure function. Expiry time starts at one hour and traders can also set expiry times to last 150 days.
Bonuses and Promotions
Traders on StockPair can get the following bonuses:
a) Welcome Bonus: A welcome bonus of 20% to 40% awaits all new traders on StockPair depending on the amount used in opening the account, with the 40% bonus given to traders who deposit as from $500 and above into their account. The lower bonus is for those who deposit StockPair’s minimum of $200.
b) Special Bonuses: The special bonuses include a 3% CashBack Bonus for Platinum and VIP account holders and seasonal bonuses that are given at special times of the year.
Assets and Expiry Times
StockPair has one of the widest asset classes in the stocks division of any binary options broker. There are also other assets to be traded on StockPair. The traded assets are:
1) Stocks: AOL, AVIVA, AXA, Air France, Amcor, Apple, BHP Hilton, BNP Paribas, Baidu, Barclays, Bayer, Boeing, British Petroleum, CISCO, Caterpillar, Commonwealth Bank, Daimler AG, Dell, Electronic Arts, Facebook, Fedex, Ford, France Telecom, Google, Marks and Spencer, MasterCard, McDonald’s, Merck, Microsoft, NEXT, Origin Energy, PEPSI, Pfizer, RBS, Rio Tinto, Sainsbury, Sanofi Aventis, Shell, Societe Generale, Starbucks, Telefonica SA, Tesco, UPS, Unilever, VISA, Verizon, Vivendi, Vodafone, Wesfarmers Ltd. Wal-Mart, Woodside Petroleum. ExxonMobil, Woolworths Ltd, Yahoo!, Zynga Inc., eBay.
2) Currencies: GBPJPY, EURJPY, EURUSD, GBPUSD, USDCHF, USDJPY, USDCAD and EURGBP.
3) Commodities: Oil, natural gas, silver and gold.
4) Stock Indices: Dow Jones, AEX, CAC40, DAX, FTSE100, Nasdaq, S&P500, Tadawul (TASI).
There are special trading tools for traders on StockPair. Some of these tools are as follows:
Traders have access to mobile trading apps for the iPhone, iPad and Android devices.
Stockpair has a Trade Simulator which demonstrates by video the entire trading process on the StockPair platform. In addition, there is a trade sentiment bar which shows the commitment of traders to an asset and can give direction as to whether the asset will rise or fall based on trader demand.
Price quotes or assets traded on StockPair are delivered to the platform courtesy of Reuters news agency.
Deposits and Withdrawals
On StockPair the following transaction methods are used to deposit funds and withdraw from accounts:
a) Credit cards (MasterCard and VISA)
c) E-payments e.g. Moneybookers and CashU.
The minimum deposit on StockPair depends on the account type. The most basic is the silver account which requires only $200 a minimum deposit.
The maximum deposit a trader is allowed to make on StockPair is $3,000.
Minimum Investment Amount
The minimum a trader can invest on StockPair is $20.
Traders operating the Silver Account are charged $25 per withdrawal for bank wires, but holders of the Gold, Platinum and VIP accounts can withdraw via bank wires free of charge.
Customer support on StockPair is available 12 hours a day, 5 days a week via:
StockPair has become one of the safest and most trusted brokers for a number of reasons. Asides from being CySEC regulated, they have an extremely good reputation among binary options traders in the online forums and communities and you rarely hear anything bad about them. They process withdrawals quickly and provide the highest payouts in the industry.
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