Stockpair is, first of all, a legitimate binary options broker. It’s not a scam. It was found in 2010, and Nextrade Worldwide Ltd. is its owner. They are regulated and licensed by CySEC in Cyprus. Also, FCA has authorized them in the CONSOB in Italy and the United kingdom.
Stockpair is located at 3, Makarios III Ave., Mesa Geitonia, Limassol, Cyprus. [email protected] is their email address, and +44 2030 26 9430 is their phone number. Live chat on their site is also available. Also, their support is available in 11 international numbers of French, English, Spanish, Italian, and more.
Stockpair has their own proprietary trading and custom made platform, and their trading platform is available in several languages, including English, Spanish, German, Italian, Arabic, Svenska, and the Netherlands. They are mainly known for their pair binary options. They also have an Android and iPhone app available for mobile trading. As a matter of fact, their site is so mobile friendly that trading can be done without the app. And furthermore, Stockpair is very popular among traders within the United Kingdom, Europe, and Saudi Arabia.
Other viable information about Stockpair are as follows: They have a bonus up to 60%, options payout is 75 to 83%, their number of assets is 112, they have a demo account, and the minimum deposit allowed is $250. They, however, do not allow traders from the United States.
Deposits & Withdrawals
As with other trading companies, there are various guidelines with deposits and withdrawals with Stockpair. With withdrawals, they are no limits which is really good for serious traders. Additionally, the trader’s withdrawal request is processed within 48 hours, and then it will take another three to seven business days for the money to show in the trader’s account. Major credit cards, wire transfers, Neteller, and Skrill are the utilized methods for withdrawing.
When it comes to depositing funds, 250$ (as recently stated) or 250€ is the minimum amount allowed. The minimum deposit is great for beginners until they get more experience with trading. With depositing, various methods are used. Traders can used credit cards, wire transfer, Skrill, Neteller, and more methods for depositing. Stockpair also provides a welcome bonus of up to 60% when the deposit range is from $250 to $500. Monthly cash backs are also provided.
Other Offers with Stockpair
With this company, no commissions or fees for investors are charged with their first purchase options, deposit, or after they withdraw. Other than that, offers through Stockpair are as follows: Being among the average-high within the industry, an 80% average return is offered for fixed pairs of most assets, and up to 400% or higher in return is offered for floating pairs. This company’s bonus system also consists of it being in the “pending” status which will be released into the trader’s account upon the meeting of the volume. However, out-of-money refund isn’t offered.
Stockpair also has more trading options. They have recently started the KIKO options, for instance. This option is another way of doing trading binary options. It’s an acronym for Knock In, Knock Out, and it provides traders two target prices, including one below the current price and one above it. With this option, the trader must decide which one to hit first, and there is no expiry time with this option so the trader can take even a day or so for a price to reach a target. The potential payout for the KIKO option would be a bit lower than or the normal up and down options, and it will be 80% for up or down for USD or EUR. It will also be 75% for the KIKO option for the same pair.
As mentioned above, they also have pair options which is an easier and more predictable way to trade for some traders. This pair option, aka pair trading, is similar to the combination of the binary options and Forex trading. With this option, the trader will choose between two assets. And the goal is to decide which of the two assets will perform better or at the same value after a specified expiry time. Also, two kinds of trade would be possible which include the floating pair and the fixed pair.
The floating pair would be the relatively value, such as the Google and Apple pair, for example. With using Google and Apple pair as an example with Google having a great day with the stock price rising higher, Apple’s day, on the other hand, is slightly weaker with a the price rising higher in a slower and unstable rate. Then the trader must choose rather Google’s value would be higher or lower than Apple’s value at the end of the day. And with the floating pair returning on relative odds, choosing Google will produce around 10 to 15%, and choosing Apple will produce 400% in returns. However, when it comes to fixed pairs, and with using Microsoft and Apple pair as a good example, the trader would decide which asset will perform better in a specified expiry time. And the returns for the fixed pair will be fixed and even for both assets.
With these various options, traders would have more ways to trade. They can trade more accordingly to their preferences and experience. And they will also have great possibility of bonuses and great returns.
Pros of Stockpair
With Stockpair being around since 2010, the votes are in on the pros and cons of this company. Tons of traders choose Stockpair as one of the first as a binary option broker, and one can see why they do. Stockpair has shown to be very accurate and very transparent. Also, they provide unique trading platforms that are user friendly, and their platforms have great tools available. Additionally, this company has proven to be officially regulated, and their customer service staff are very professional and friendly.
Cons of Stockpair
Even though there are great benefits with Stockpair, there are also some downsides. For one, they are no longer accepting new clients from the US. Their existing US clients, however, are able to still trade with them. Secondly, Stockpair don’t provide an out-of-money refund.
Conclusion
Stockpair has proven to be one of a kind within the industry. They are more than a binary option broker which is a great option in itself. However, with more options, traders have more choices and control in how to trade with great potential of great returns. And furthermore, there is hardly any other broker that provides an extensive list of spectacular extras as Stockpair.
Nextrade Worldwide Ltd. owns Stockpair which speaks great volumes in itself. Nextrade Worldwide Ltd. is a longstanding and reputable institution within the industry. Stockpair is also regulated and licensed by CySEC in Cyprus, and FCA has authorized them in the CONSOB in Italy and the United kingdom. These extraordinary backings in ownership, regulation, and licensing alone would most likely ensure great quality with this trading company.
Stockpair has their own proprietary trading and custom made platform as well as 11 international phone numbers of various languages, including English, French, Spanish, German, Italian, Arabic, Svenska, and the Netherlands. An Android and iPhone app is also available for mobile trading; however, their site is so mobile friendly that trading can be done without the app. And the browsing of their site is also really exciting, fun, modern, and really easy to utilize to mostly all their clients. And furthermore, Stockpair is very popular among traders within the United Kingdom, Europe, and Saudi Arabia.
With most benefits and a few downsides, Stockpair is the way to go. However, that can make US traders envious who will love to take part in trading with them, but can’t. This is because this company is no longer accepting new traders within the US. Besides that, the only other downside is that Stockpair doesn’t provide an out-of-money refund.
Other than these few exceptions, it’s no wonder why more and more traders are choosing Stockpair first. With all the great possibilities, various trading options, and great potential in returns, what more can anyone ask for?