Streams Company Overview

Founding Date and Background

Streams Company, officially known as Streams Global Markets LLC, was established in 2019. The company was founded with the aim of providing a comprehensive trading platform for retail and institutional traders. The firm sought to capitalize on the growing demand for accessible and flexible trading solutions in the forex and financial markets.

Parent Company/Ownership Structure

Streams operates as an independent entity without a parent company. This structure allows the firm to maintain a focused approach to its services and client relationships.

Headquarters Location

The company is headquartered in the United States, although it has faced regulatory challenges that limit its operations within the country.

Global Business Scope

Streams Company has positioned itself to serve a global clientele, offering trading services across various regions. However, it has explicitly stated that it does not accept clients from the United States, which limits its market reach in one of the largest trading markets worldwide.

Main Regulatory Bodies

As a forex broker, Streams is subject to the regulations of various financial authorities. However, detailed information about its licensing or regulatory compliance is not extensively documented, indicating a need for potential clients to conduct thorough due diligence.

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Company History and Development

Key Milestones

Since its inception in 2019, Streams has undergone several significant developments, including the launch of its trading platform and the introduction of various trading instruments. However, the company has faced challenges, including its recent status of being "out of business," which raises questions about its operational viability.

Business Expansion Journey

Initially, Streams aimed to expand its market presence through various trading services, including forex, CFDs, and managed accounts. The firm also offered PAMM (Percentage Allocation Management Module) accounts and trading contests to attract clients. However, its operational status has since changed, indicating a halt in its expansion efforts.

Customer Base Growth

While Streams aimed to build a diverse customer base, its operational challenges and the prohibition of U.S. traders have likely limited its growth potential in the competitive forex market.

Platform Development History

The trading platform offered by Streams primarily utilizes MetaTrader 4, a popular trading software known for its user-friendly interface and advanced trading features. The platform supports various trading strategies, including scalping and automated trading via expert advisors.

Important Awards or Recognitions Received

As of now, there are no publicly available records indicating that Streams has received any notable awards or recognitions within the forex industry.

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Trading Services Offered

Forex Trading Options

Streams Company offers trading in over 100 currency pairs, including major, minor, and exotic pairs. This extensive selection allows traders to diversify their portfolios and engage in various trading strategies. Some of the currency pairs available include EUR/USD, GBP/USD, AUD/USD, and many others.

Stock Trading Options

Currently, there is no information indicating that Streams provides direct stock trading services. The company primarily focuses on forex and CFD trading.

CFD Trading Products

Streams offers a range of CFD products, allowing clients to trade on price movements of underlying assets without owning the actual assets. This includes CFDs on indices, commodities, and cryptocurrencies.

Other Financial Instruments

In addition to forex and CFDs, Streams provides access to cryptocurrency trading, including popular pairs like BTC/USD and ETH/USD. This diversification allows traders to take advantage of the growing interest in digital assets.

Special Services or Unique Advantages

One of the unique aspects of Streams is its offering of managed accounts and PAMM accounts, which cater to investors looking for professional management of their trading activities. Additionally, the broker provided trading contests to engage clients and foster a competitive trading environment.

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Regulatory and Legal Background

Detailed Regulatory Information

Streams Company has faced significant regulatory challenges, particularly regarding its operations in the United States. The firm is currently listed as "out of business," suggesting that it may not have met the necessary regulatory requirements to continue its operations.

Legal Entity Structure by Region

Streams operates under the legal entity of Streams Global Markets LLC. However, the lack of detailed regulatory compliance information raises concerns regarding its operational legitimacy in various regions.

Client Fund Protection Measures

The company reportedly offered segregated accounts, which are designed to protect clients' funds by keeping them separate from the broker's operational funds. However, the effectiveness of these measures is uncertain given the company's current operational status.

Countries/Regions Served

Streams explicitly prohibits U.S. traders from opening accounts, limiting its service to clients from other regions. The exact list of countries served is not well-documented, which may affect potential clients' decisions.

Compliance History

Due to its current status as "out of business," there are concerns regarding Streams' compliance history. Potential clients are advised to conduct thorough research and consider alternative brokers with established compliance records.

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Competitive Landscape

3-5 Main Competitors

Streams Company faces competition from several well-established forex brokers. Some of its main competitors include:

1. IG Group - A leading forex and CFD broker with a strong global presence.
2. OANDA - Known for its robust trading platform and extensive market research tools.
3. Forex.com - A well-regarded broker offering a variety of trading instruments and educational resources.
4. eToro - A social trading platform that allows users to copy the trades of successful investors.

Positioning in the Industry

Streams aimed to position itself as a competitive broker by offering a diverse range of trading instruments and services. However, its operational challenges have affected its ability to maintain a strong position in the market.

Market Differentiation Factors

While Streams offered unique services such as managed accounts and trading contests, its limited operational capacity and lack of regulatory compliance may hinder its ability to differentiate itself effectively in the competitive forex landscape.

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In conclusion, while Streams Company was established with the intent to provide comprehensive trading services, its current operational status raises concerns for potential clients. The forex trading options, platform features, and unique services initially offered are overshadowed by regulatory challenges and the company's recent classification as "out of business." Prospective traders should exercise caution and consider alternative brokers with a more stable operational history.

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