STForex was established in Saint Vincent and the Grenadines in 2014 to provide traders from different parts of the world with access to the financial markets. The broker offers the MT4 trading platform for trading different assets, including forex, metals, indices, stocks, cryptocurrency, and CFDs, and they also make available a selection of useful trading tools and educational resources. There is a client support team on hand to assist traders at every stage. A minimum deposit of $10 is required to operate a live account, and a commission fee of $10 is charged on trades with leverage of up to 1:1000 available.
STForex Review Introduction
In this STForex review, we will take a look at some of the most important factors worth considering when choosing a forex broker for your online trading needs. This includes trading platforms, trading tools, research and education, account funding options, customer support, and broker regulation.
You may also wish to view my best forex brokers based on countless hours that I have spent researching and testing hundreds of brokers, all of which you can see in my forex broker reviews. You can also use my free trading tool to compare forex brokers including STForex.
STForex Platforms & Tools
The broker provides traders with the advanced MetaTrader 4 trading platform, which is designed to suit traders of all levels as it has a user interface that is easy-to-use yet packed with strong analysis capabilities, such as one-click executions, stop and limit orders, technical indicators, support for the automation of trades using expert advisors, and more.
The broker makes the MT4 platform available as a desktop application for Windows and Mac computers; a web version that can run directly on Chrome, Safari, Firefox, Edge, and other modern web browsers; and a mobile app that is compatible with smartphones running on Android and iOS. The mobile app allows traders to place trades and check trading positions while on the move, provided there is an internet connection.
Traders also benefit from an economic calendar, which shows the scheduled market events along with their expected impacts on the financial markets.
STForex Research & Education
The broker also gives traders access to some educational resources to improve their trading skills and also keep them informed on the latest happenings in the financial markets. These include trading courses, company news, and more.
STForex Trading Accounts
Traders are offered a choice of different trading accounts to meet their individual trading needs, and they include Cent, Classic, and Pro accounts. The least deposit amount required to operate an account is $10. There is also the demo account, which is designed for those who would want to test out the broker’s platforms and practice risk-free trading with virtual funds before opening a live trading account.
STForex Account Funding
STForex accepts the following payment methods for both account deposits and withdrawals: bank transfers, credit/debit cards, and some online payment processors.
STForex Customer Service
The broker’s client support team is available to respond to traders’ general, technical, and account-based inquiries via telephone, email, Live Chat, and social media.
STForex is not regulated by any known financial authority at the moment. This may be seen as a warning sign by potential traders and investors who are looking to open an account with the broker.
STForex Review Summary
STForex is an online forex and CFD broker that provides clients with the MT4 trading platform for trading various financial markets. Traders also benefit from a selection of useful trading and learning tools to aid the trading process, and there is also a knowledgeable customer support team to assist them. Two trading account options are offered with a required minimum deposit of $10. However, there is no regulatory information on the broker’s website at the moment.
It is worth mentioning that some of the trading products and services in this STForex review may differ or not be available to traders in some countries due to regulations. As brokers’ terms can change over time, please verify all information is up to date directly from the STForex broker website which you can visit by using the link below.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. A large percentage of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.