Monday, June 1, 2015

Stock.com Review


History and Background

STOCK.com is one forex site that does not take any shortcuts when it comes to providing useful information, training materials, and technical tools to enhance your personal trading experience. And, you not only have the ability to trade major currency pairs, but you can also dabble in the latest CFDs for stocks, bonds, commodities, and indices. Daily commentary and market news flashes guide your activities, along with a broader than average assortment of educational materials and trading strategies to help you realize your path to success.  STOCK.com is a trading name of Leadcapital Markets Ltd, an investment company authorized and regulated by the Cyprus Securities and Exchange Commission (“CySEC”) under license number 227/14. Headquarters reside in Limassol, Cyprus. Unfortunately, U.S. clients are not accepted at this time.

STOCK.com provides the standard versions of the Metatrader4 series and beyond to ensure a familiar look and field for its forex clients. Protocols come in either the downloadable or purely online styles, with mobile apps available for those traders on the go. Automated EAs can also be deployed, and you can be confident that whatever trading tools or indicators are preferred, they will be available at your fingertips. With over 270 asset choices offered, you will have no difficulty in finding your favorite avenues of attack. Spreads are highly competitive, and leverage as high as 200:1 is the rule, but it may be less, depending on the type of asset chosen. There is only one account classification to deal with, and a free demo account is standard issue.

For your peace of mind, STOCK.com has gone out of its way to comply with several regulatory bodies across the European region. The primary regulator is the Cyprus Securities Exchange Commission (CYSEC), but they also comply with the UK’s Financial Conduct Authority (FCA), by BaFIN in Germany, and the AMF in France. This level of compliance ensures that your funds will be segregated in accounts with Tier 1 banks, in addition to the local Investor Compensation Program that provides protection up to 20,000 Euros. Order execution, privacy matters, and a host of other details will also follow best business practices, another assurance from strict compliance oversight. In summary, STOCK.com has pledged transparency to gain your trust by welcoming multiple third-party validations of their worthiness to be your forex broker.
Features

Why trade with Stock.com? The firm lists these reasons:
Headquartered in Limassol, Cyprus;
CySEC, FCA, MiFid, BaFin and AMF regulatory compliance and licensing across the whole of Europe;
Over 270 asset types in their portfolio: Currency Pairs (45); Stocks (180); Indices (26); Commodities (15), and Bonds (5);
Metatrader4 software platforms, both downloadable and online versions;
One account classification, including a free demo account;
U.S. clients not accepted at this time;
Minimum Deposit is $250 (Promotional bonuses may also apply);
Tight spreads and no commissions;
Leverage varies by asset type, but can be as high as 200:1 with forex pairs;
Automated EAs supported;
Education Academy includes learning materials and strategy tips for all levels, enhanced by current news, commentary, and trading tools;
Client deposits segregated from operating capital in Tier 1 bank accounts and protected by the Investor Compensation Fund up to 20,000 Euros;
Deposits and withdrawals: Credit Cards, Debit Cards, Bank Wire Transfers, Western Union, Skrill (Moneybookers), Neteller, and many other local payment methods;
Customer service is bilingual and can be reached “24X6” via email, fax or direct phone line.

Spreads and Leverage

The firm professes tight spreads, with no commissions. Actual spread values are not posted due to the fact that the broker offers over 270 asset choices. Spreads will vary due to market conditions, and consistency worthy of publishing over so many asset types is unheard of. STOCK.com does suggest 0.2 pips for the EUR/USD pair, with leverage as high as 200:1, but leverage also varies by asset type.

Platform

The popular Metatrader series of trading platforms are deployed by STOCK.com, thereby ensuring familiarity, as well as easy order execution and the latest in risk management and technical tools available. You may download the desktop set of protocols or you may choose to use the online, mobile app supported, software. The learning academy also includes a MT4 primer, so that you can enjoy the full capabilities of this highly touted system. Trading sessions and personal data are fully encrypted, using the latest in 128-bit SSL technology..


Deposits and Withdrawals

Deposits and withdrawals are a snap, using a number of familiar methods. These include Credit Cards, Debit Cards, Bank Wire Transfers, Western Union, Skrill (Moneybookers), Neteller, and many other local payment methods. Withdrawal requests will be handled quickly within 24 hours, but only if internationally mandated identification information is on file and in order.

Beginner's and Customer Support

Customer service representatives can be accessed “24/6” (from Sunday 22.00 GMT to Friday 22.00 GMT). Access methods include email, fax or by telephone. Several “in country” telephone lines have also been put in place for your convenience across Europe in key countries. Learning materials are extensive and include strategy tips, enhanced by current news, commentary, and trading tools. The strategy sections, however, require registration to access.

Conclusion

The management team at STOCK.com is dedicated to providing a higher level of service than most brokers on the scene today. Their commitment is evidenced by their stated objective: “Our goal is to provide first class education, timely and actionable information on events that are affecting global markets and access to a wide range of trading products, making STOCK.com one of the few one-stop trading sites in the industry.” This firm has removed the confusion of multiple account classifications and focused on giving every trader what he really needs: asset choices, current information and commentary, price transparency, strict regulatory oversight compliance, and a fully loaded trading platform that seals the deal. But whatever measure you prefer, STOCK.com truly scores well up above the pack of other industry offerings.

1 comment:

  1. eToro is the #1 forex trading platform for newbie and professional traders.

    ReplyDelete

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