StoicFX Forex Broker

StoicFXReview Summary Founded2023 Registered Country/RegionSouth Africa RegulationFSCA (Exceeded) Market InstrumentsForex, Commodities, Indices, Cryptocurrencies Demo Account✅ Leverage/ SpreadFrom 0.0 pips Trading PlatformMT5 Minimum Deposit$10 Copy Trading✅ Customer SupportContact form Email: Support@stoicfx.com Social Media: Twitter, Instagram, YouTube Address: Office 222, 2nd Floor Ingenuity Park, 3 Nandi Mthmebu Drive, Ballito, Kwa-Zulu Natal, 4420 Regional RestrictionAfghanistan, Algeria, American Samoa, Angola, Australia, Belgium, Bosnia and Herzegovina, Brazil, Cambodia, Canada, China, Cuba, Democratic People‘s Republic of Korea (DPRK), Guam, Guyana, Hong Kong, Indonesia, Iran, Iraq, Israel, Japan, Lao People’s Democratic Republic, Macao, Malaysia, Myanmar, New Zealand, Northern Mariana Islands, Panama, Papua New Guinea, Philippines, Puerto Rico, Russia, Singapore, South Korea, Sudan, Syrian Arab Republic, Taiwan, Thailand, Turkey, Uganda, US Virgin Islands, USA, Vanuatu, Vietnam, Yemen.StoicFX Information Founded in 2023 and registered in South Africa, StoicFX offers a variety of tradable financial instruments, including foreign exchange, commodities, indices, and cryptocurrencies, and supports the MT5 platform and flexible trading options with a minimum deposit of $10. Although it offers advantages such as demo accounts, multilingual support, 24/7 customer service, and Islamic accounts, the company is not regulated and lacks detailed information about the deposit and withdrawal process, so investors need to be cautious about the security of their funds.Pros & Cons ProsCons Demo account availableExceeded license Various trading productsRegional restriction MT5 support availableLimited info on accounts Copy trading supported Low minimum depositIs StoicFX Legit? StoicFX is not regulated, and traders are advised to exercise caution when trading and use funds prudently. Regulated CountryRegulated AuthorityRegulatory Status Regulated EntityLicense TypeLicense Number South AfricaFinancial Sector Conduct Authority(FSCA)ExceededSTOICFX (PTY) LTDFinancial Service Corporate53079What Can I Trade on StoicFX? StoicFX offers a variety of tradable financial instruments, including forex, cryptocurrencies, indices, and commodities. Tradable InstrumentsSupported Forex✔ Commodities✔ Indices✔ Cryptocurrencies✔ Bonds❌ Mutual Funds❌ Options❌ ETFs❌Fees Spreads: the spread is from 0.0 pips. Swap Fees: StoicFX offer swap-free accounts for traders adhering to Shariah law.Trading Platform StoicFX supports trading on the MT5 platform, which can be used on a variety of devices. Trading PlatformSupported Available Devices Suitable for MT5✔Desktop, Mobile, WebExperienced traders MT4❌/BeginnersDeposit and Withdrawal StoicFX supports the following payment methods: Bank Transfer, Instant EFT, Crypto, Credit/Debit Card.