StockLux is a retail trading broker that is offshore in the British Virgin Islands. The broker provides traders with a proprietary trading platform to enable clients to buy and sell various financial assets, including forex, cryptocurrencies, stocks, and more. Their traders are provided with several trading tools, educational resources, and a 24/5 customer support team. Some of the essential features of the broker include multiple account options, leverage of up to 1:500, reasonable spreads, instant execution with minimal requotes, and more. The minimum deposit required to start trading is $250.
StockLux Review Introduction
In this StockLux 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 StockLux.
StockLux Platforms & Tools
The broker provides traders with the StockLux Webtrader, a trading platform that is designed in-house by the broker’s tech team. The platform is packed with all the trading functionalities required to trade on currency pairs, make deep financial analyses, and take advantage of expert trading tools. It supports all order types and execution modes. The platform is available as a WebTrader that runs directly on modern web browsers without needing to download or install additional software and a mobile trading app that is compatible with Android and iOS devices and can be downloaded from the respective app stores. The mobile app allows traders to manage their trading accounts and place trades from anywhere in the world, provided there is an internet connection.
In addition to the built-in tools of the provided trading platforms, the broker provides traders with standalone trading tools, such as trading calculators, live economic news, and an economic calendar that shows the schedule of future markets and their expected impacts on them the financial markets.
StockLux Research & Education
StockLux provides traders with various learning resources to help them make informed trading decisions. These educational materials include learning articles, trading guides, an FAQ section, and market news that keeps traders up-to-date with the events that take place in the financial markets.
StockLux Trading Accounts
The broker offers a choice of five live trading account options. The account types and their corresponding minimum deposit requirements are as follows: Micro ($250), Standard ($5,000), Platinum ($25,000), VIP ($250,000), and Business ($500,000) Accounts.
StockLux Account Funding
The broker accepts bank wire transfers and credit/debit cards for account deposits and withdrawals.
Some payment methods are not available in specific countries, and the time taken to process transactions is dependent on the payment method in use.
StockLux Customer Service
offers a knowledgeable client support team who are polite and prompt in response. The support team is available 24/5 and can be reached via telephone and email.
StockLux is a trading name of Konstos Markets Limited, a company registered in the British Virgin Islands with registration number 2039498. However, there is no regulatory information on the broker’s website at the moment.
StockLux Review Summary
Established in 2020, StockLux is an online trading broker that is based in the British Virgin Islands. They allow traders to buy and sell multiple financial markets using a proprietary trading platform. There are various educational resources, trading tools, and 24/5 customer support to support traders. The minimum deposit required to start trading is $250, and leverage of up to 1:500 is available. 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 StockLux 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 StockLux 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.