Opinions and information about the StockFX broker
¿It is the really reliable StockFX broker (aka stockfx.co)? Is it safe for you to invest your money with this company? In this section we will analyze the company and its reputation as such on the internet.
Do you want to give us a hand and help inform about this company? We invite anyone who has experience with this company, to leave a comment with their experience and to rate the company according to their experience with it.
The StockFX broker is a broker of: CFDs and Forex.
The broker mentions to be part of: Baumont Group LTD.
StockFX is based in: Saint Vincent and the Grenadines.
If we talk about regulation, StockFX is: they don't mention anything about being a regulated broker, StockFX is an unregulated broker.
We will continue to analyze the different account types that StockFX offers. In the case of StockFX we note that they have 4 different plans or types of account: the Beginner Account, the Trader-Medium Account, the Progressing Trader Account and the VIP Account.
Beginner account- Minimum initial deposit of $ 250, bonus up to 25%, free signals for 1 week, 1 trading signal per day.
Trader-Medium Account- Minimum initial deposit of $ 1.000, bonus up to 50%, free signals for 1 week, 3 trading signals per day, all tools available, account insurance up to 15%.
Trader Account- Minimum initial deposit of $ 5.000, bonus up to 75%, free signals for 1 week, 5 trading signals per day, all tools available, account insurance up to 30%.
VIP account- Minimum initial deposit of $ 10.000, bonus up to 75%, free signals for 1 week, 5 trading signals per day, all available tools, account insurance up to 75%, advanced risk control technique, personal analyst of VIP investments, VIP signs.
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The trading platforms used are: the MT4 platform.
Now, yes, we will go on to analyze the different resources and aids that the company provides to traders on its website: some explanations of the products that StockFX offers, really not much more.
Additional information about the company
Phone number: +74-95-032-52-67 y +44-203-519-07-56
E-mail: [email protected]
Clarification: The StockFX investment company works in different countries, so the information provided may not apply to your country, this review is directed to Latin America and / or Spain.
* Bonuses or promotions: None by the moment
With the information we have so far, the comments and reviews of users and traders, our opinion is that it looks like a company we should be careful with.
Why? It is an unregulated broker, based in unsafe countries (Saint Vincent and the Grenadines), when looking for information and other reviews about StockFX we found a large number of negative reviews. The broker is related to another broker advised by the CNMV, the 24NewsTrade broker.
June 2020 update: CNMV, Spanish financial regulator, has reported StockFX for fraudulent activities
April 2021 update: CMVM, Portugal's financial regulator, has reported StockFX due to fraudulent activities.
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