Stockpair Trading Reviews
Not many brokers create their own trading platform since it might be too costly and complicated. However, Stockpair is one of that few brokers that do have their own trading platform, which then is a very competitive point as they might make them different from other companies in the market. This company is founded in 2010 and under control of Nextrade Worldwide Ltd Company.
As it is their product, Stockpair trading platform is quite special yet easy to use. The selections are displayed clearly, as you can move quite flexibly from the binary options to pairs then choose your favorite underlying assets. Expiry periods vary depending on your trade from 60 seconds to even 150 days. The amount of trade starts at $20 and reach the maximum of $6,000. The site also allows you to know your estimated profit thanks to the return percentage.
To begin your trade, you need to make deposit first. Stockpair’s minimum deposit is $20 to open positions and $200 to have live trading accounts. However, remember there’s limitation with minimum deposits. For example, traders with minimum deposit are not able to trade with money management which is less than 10% of their capital per position. Therefore, in most of the cases, we should make a deposit that is higher than the minimum level to get a 50% bonus, instead of a 20%.
Stockpair also have some surprising features. One of those is the “sentiment” tabs lying at the bottom of the pages. Its name “sentiment” does not refer to your feelings but the movement of your assets. It is because each day the system will track how the assets perform that day. Hence, after a certain period, this tool can give you a daily report of what’s going on and help you have better view for the future. Nevertheless, never put too much trust on these tools. It is always better that you have your own analysis as that will not only serve as independent comparison but also enhance your understanding and analysis capability through time.
At Stockpair, they have over 150 underlying assets for your selections and a large proportion of them are the stocks, some are very popular such as Google, Apple, Facebook…. Alongside with their pair off options, we have abundant choices here. Compared with many other companies where binary options are just an option, their assets number is extremely appealing.
There are exactly 171 assets in Stockpair asset list. We have in that list over 150 assets coming from big companies such as Boeing, BMW or Goldman Sachs. Currency pairs such as USD/CAD, GBP/USD, indices such as CAC or DAX and commodities like gas or gold are also among the popular assets provided by this company.
Expiry period varies depending on the type of your assets. Fixed pair options will expire in as short as 5 minutes or as long as 150 days while the floating type has expire period of a day, week or month. They also have the 60-second or 90-second binary options, which are now popular types of gamble in binary option market.
This broker provides traders with a free demo account which is absolutely brilliant for anyone who have never had a chance to get used with the online business. This account is extraordinary since it is equipped with most of the trading tools and features that a newcomer could ever think about. The fact that it is provided free without any charge is also another fascinating thing to know.
Being not very long in the market but what Stockpair shows us explain clearly why this broker is very popular and get very positive online reviews.