Stockoza foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://stockoza.com/Register, about the company's legal and temporary regulatory information, the company's address Victoria Park Road, Kingstown, St. Vincent & Grenadines, Kingstown P.O. Box 4457..
Stockoza is an online trading platform established in 2021, providing services primarily in the forex and CFD markets. The company is headquartered at Beachmont Business Centre, Suite 241, Kingstown, St. Vincent & the Grenadines. Stockoza operates as a privately held entity and is not publicly traded. The broker aims to cater to a diverse clientele, including retail traders and institutional investors, by offering a wide range of trading instruments.
Since its inception, Stockoza has focused on delivering a user-friendly trading experience, with a particular emphasis on accessibility and efficiency. The company has developed its proprietary trading platform, allowing clients to trade various assets, including currencies, commodities, indices, and shares. Despite being a relatively new player in the market, Stockoza is gaining traction among traders seeking a robust trading environment.
Stockoza operates as a multi-asset broker, providing services across different financial markets. The company's business model includes retail forex trading, offering clients the ability to trade a wide array of financial instruments without the need for a separate institutional service.
Stockoza currently operates without a regulatory license from major financial authorities. The broker is registered under the St. Vincent and the Grenadines Financial Services Authority (SVG FSA), but it does not hold any tier-one regulatory licenses. The registration number for Stockoza is 26405 BC 2021. As an offshore entity, the broker is subject to less stringent regulations compared to brokers operating under stricter jurisdictions like the FCA, ASIC, or CySEC.
The company ensures that client funds are kept in segregated accounts, separate from the broker's operational funds, which is a standard practice to safeguard client assets. Stockoza adheres to Know Your Customer (KYC) and Anti-Money Laundering (AML) policies, requiring clients to verify their identity and provide necessary documentation before trading. This compliance aims to prevent financial crime and ensure a secure trading environment for clients.
Stockoza offers a diverse range of trading products, including over 500 tradable instruments. The broker provides access to various forex currency pairs, commodities, indices, and shares. Traders can engage in forex trading with more than 50 currency pairs, including major, minor, and exotic pairs.
In addition to forex, Stockoza allows trading in CFDs on commodities such as gold, silver, crude oil, and agricultural products. The broker also offers a selection of global stocks and indices, including popular names like Facebook, Google, and Amazon, as well as indices like the NASDAQ 100 and S&P 500.
Stockoza frequently updates its product offerings, aiming to expand its portfolio and meet the evolving needs of its clients. However, it currently does not support cryptocurrency trading, which may be a consideration for traders looking to diversify into digital assets.
Stockoza provides a proprietary trading platform known as Stockoza WebTrader, designed for both desktop and mobile use. The platform is accessible through any internet browser, offering a user-friendly interface equipped with essential trading tools. It supports various trading features, including real-time market updates, advanced charting capabilities, and technical analysis tools.
Unfortunately, Stockoza does not support the widely used MetaTrader 4 (MT4) or MetaTrader 5 (MT5) platforms, which may deter some traders who prefer these established platforms for their advanced features and automated trading capabilities.
The broker also offers a mobile application compatible with both iOS and Android devices, enabling traders to manage their accounts and execute trades on the go. The mobile app includes features such as market depth information, 35+ pre-installed indicators, and 21 different time frames for technical analysis.
Stockoza offers six different types of trading accounts, each designed to cater to the varying needs of traders:
The leverage offered by Stockoza can go up to 1:400, allowing traders to control larger positions with a smaller capital outlay. Minimum trade sizes and overnight fees vary across account types, with detailed information available upon account creation.
Stockoza supports various deposit methods, including bank transfers, credit/debit cards, and electronic wallets. The minimum deposit requirement is set at $10,000, which is higher than the industry average.
Deposits are typically processed within 1-4 business days, and there are no fees associated with making deposits. However, the broker has not specified any withdrawal fees, and clients are advised to contact customer support for detailed information regarding withdrawal charges.
Withdrawals can be made using the same methods as deposits, with processing times ranging from 3 to 5 business days. This timeframe may vary based on the method used and the specific circumstances of the transaction.
Stockoza provides customer support through multiple channels, including phone, email, and live chat. The support team is available 24/6, covering Sunday to Friday, and is responsive to client inquiries.
The broker offers multilingual support, catering to clients in various languages, including English, French, and Russian. However, the educational resources provided by Stockoza are limited, with no significant training materials available on their website. Traders may need to rely on external resources to enhance their trading knowledge.
Market analysis services, including daily updates and research reports, are also available to help traders make informed decisions. Stockoza provides various trading tools, such as calculators and economic calendars, to assist clients in their trading activities.
Stockoza primarily serves clients from various countries, but it does not accept residents from the USA, Iran, Syria, and North Korea due to regulatory restrictions in these jurisdictions. The broker operates under the SVG FSA, which allows it to provide services to clients globally, except in the aforementioned regions.
The company has a presence in St. Vincent and the Grenadines, serving as its main operational hub. However, the lack of a regulatory license from a top-tier authority may raise concerns for potential clients regarding the safety and reliability of their funds.
In conclusion, Stockoza presents itself as a legitimate option for traders looking for a comprehensive trading experience. While the broker has its strengths, such as a proprietary platform and a wide range of trading products, the absence of regulation and high minimum deposit requirements may be a consideration for potential clients. As with any trading platform, it is essential to conduct thorough research and assess personal risk tolerance before engaging in trading activities with Stockoza broker.
FX1177799417
Hong Kong
I have had a great experience with this trading platform. The customer service is amazing and the platform is really easy to use. The only downside is that it can be a bit slow at times.
Positive
2022-12-19