Stock Core Forex Broker

Since Stock Core official website (https://stockcore.co/) is now unavailable, we had to piece together as much information as possible on this brokerage house as a forex broker from other sources. General Information Established in 2021, Stock Core is an offshore forex broker registered in the Virgin Islands, with the company behind it called Konstos Markets Ltd. Stock Core claims to offers tiered trading accounts designed for different types of clients, the minimum deposit to start with it from $250. Asides from these details mentioned, some other key information about its trading costs, leverage, withdrawal issues, customer support, and more is not disclosed, which makes this forex broker suspicious to trade with. When it comes to regulation, it has been verified that Stock Core is not governed by any regulatory authorities. Thats why its regulatory status on WikiFX is classified as “No License” and it only manages a score of 1.27 out of 10 overall. Don't be oblivious to the potential danger, for trading with an offshore unregulated forex broker is a surefire way to lose your money. Account Types Stock Core offers three tiered trading accounts for both novices and professional traders, namely Newbie, Standard, and Premium accounts. Let‘s disclose its account setting now, with the Newbie account, investors need to fund at least $250, acceptable yet much higher than their peers’ requirements. However, from the Standard account, the minimum deposit soars to $25, 00, with the Premium account as high as $10,000. Obviously, as an offshore and unregulated forex broker, Stock Core is just trying to extract investors available funds at the very first by charging an absurdly high deposit, then disappears. Trading Platform Please note what Stock Core offers is not the industry-standard MT4 or MT5 trading platform. Customer Support Worryingly, no contact channel is available to get in touch with Stock Core, this is another red flag. The absence of effective information means if you encounter something wrong during trading process, you would have no one to turn to. Risk Warning There is a considerable degree of risk involved with online trading of leveraged Forex and CFD instruments, and as a result, it may not be appropriate for all investors. Please keep in mind that the data presented in this article is meant to serve as a guideline only.