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Pros

User-friendly trading platforms, including MetaTrader 4, suitable for various trading styles.
Offers a wide range of trading instruments, including over 45 forex pairs, indices, stocks, and commodities.
Mobile trading options available, allowing for trading on the go.

Cons

Numerous reports of withdrawal issues, with many users claiming they were unable to access their funds.
Allegations of manipulative trading practices, leading to significant losses for clients.
Lack of regulation and oversight, raising concerns about the broker's legitimacy and trustworthiness.

StoxMarket broker Accounts

StoxMarket Account Type

StoxMarket offers three types of trading accounts to cater to different trading needs:

  • Mini Account
    • Minimum Deposit: $1,000
    • Leverage: Up to 500:1
    • Minimum Lot Size: 0.01 lot
    • Spread: Fixed and variable spreads, with a minimum spread of 3 pips on EUR/USD.
    • Standard Account
      • Minimum Deposit: $5,000
      • Leverage: Up to 500:1
      • Spread: Fixed and variable spreads, with lower spreads compared to the Mini Account.
      • VIP Account
        • Minimum Deposit: $20,000
        • Leverage: Up to 200:1
        • Spread: 1.0 pip fixed on EUR/USD.
        • Benefits: Premium trading conditions, superior customer care, and additional features.

        All accounts allow trading in various financial instruments including forex pairs, metals, CFDs, and commodities.

        StoxMarket Broker Account Opening Process

        To open an account with StoxMarket, follow these steps:

        • Choose Account Type: Decide which account type (Mini, Standard, or VIP) suits your trading style and financial capability.

        • Fill Out Application: Complete the online account application form by providing necessary personal information, including:

          • Full name
          • Email address
          • Phone number
          • Address
          • Social Security Number (or equivalent identification)
          • Submit Documentation: Upload required documents for verification, such as:
            • Proof of identity (e.g., passport or drivers license)
            • Proof of address (e.g., utility bill or bank statement)
            • Fund Your Account: Once your application is approved, fund your trading account using one of the accepted payment methods:
              • Bank wire
              • Credit card
              • Debit card
              • Webmoney
              • Start Trading: After funding your account, download the trading platform (MT4) and begin trading.
              • For further information, visit StoxMarket.

StoxMarket accounts can be viewed for products that can be traded accounts with a minimum deposit of by (2+) .
StoxMarket Account