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Statkraft Forex Broker provides real users with * positive reviews, 1 neutral reviews and * exposure review!

Statkraft Broker Review

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Statkraft Review 1

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Don't know why this energy software is on the forex website, I saw this while browsing forex brokers and even thought I was reading it wrong.

FX1271592093
2023-02-23

  

Statkraft 2025 Review: Everything You Need to Know

  Statkraft, a prominent player in the renewable energy sector, has garnered attention for its trading activities and investment strategies. However, user experiences and expert opinions reveal a mixed bag of feedback regarding its reliability and service quality. Notably, while some users appreciate its focus on renewable energy investments, others express concerns about its lack of regulation and transparency.

  Note: It is essential to consider that Statkraft operates through various entities across different regions, which can affect user experiences and regulatory oversight. This review aims for fairness and accuracy by highlighting diverse perspectives.

  

Ratings Overview

Category Rating (out of 10)
Account Conditions 5
Tools and Resources 6
Customer Service and Support 4
Trading Experience 5
Trustworthiness 3
User Experience 4
Additional Rating (Regulation) 2

  

How We Rate Brokers

  Our ratings are based on comprehensive analyses of user feedback, expert opinions, and factual data regarding the broker's offerings.

  

Broker Overview

  Founded in 1992, Statkraft is headquartered in Oslo, Norway, and is primarily focused on renewable energy, including hydropower, wind, and solar energy. The broker does not offer a variety of account types, which is a notable drawback for potential investors. Statkraft operates its proprietary trading platform but lacks support for widely-used platforms like MT4 or MT5.

  The broker is unregulated, which raises significant concerns regarding its trustworthiness and the safety of client funds. As per user reviews, many express hesitation about investing due to the absence of regulatory oversight.

  

Detailed Breakdown

  

Regulatory Regions

  Statkraft operates primarily in Norway, but its services extend to various European countries. However, it is important to note that it does not have a formal regulatory framework governing its operations, which can lead to skepticism among potential clients.

  

Deposit/Withdrawal Currency and Cryptocurrency

  Statkraft does not specify the currencies accepted for deposits and withdrawals, which can be a limitation for users looking for flexibility. Additionally, there is no mention of support for cryptocurrency transactions.

  

Minimum Deposit

  The minimum deposit requirement is not clearly defined in the available resources, which can deter potential investors seeking transparency.

  

Bonuses/Promotions

  Statkraft does not appear to offer any bonuses or promotional incentives, which is another disadvantage when compared to other brokers in the market.

  

Tradable Asset Classes

  Statkraft focuses on renewable energy investments, but specific details on the range of tradable assets are limited. Users may find this restrictive, especially if they are looking to diversify their portfolios.

  

Costs (Spreads, Fees, Commissions)

  Information regarding spreads, fees, and commissions is scarce, which can lead to uncertainty about the overall cost of trading with Statkraft. User reviews indicate dissatisfaction with the lack of clarity in this area.

  

Leverage

  Details on leverage options available to traders are not readily accessible, which is a critical factor for many investors when choosing a broker.

  

Allowed Trading Platforms

  Statkraft operates its proprietary platform but lacks compatibility with popular trading platforms like MT4 or MT5, limiting user accessibility and experience.

  

Restricted Regions

  While specific restricted regions are not listed, the lack of regulation could imply that users from certain jurisdictions may face challenges in accessing services.

  

Available Customer Service Languages

  Statkraft's customer service appears to be limited, with no clear indication of the languages supported, which can pose a challenge for non-Norwegian speaking clients.

  

Ratings Overview (Repeated)

Category Rating (out of 10)
Account Conditions 5
Tools and Resources 6
Customer Service and Support 4
Trading Experience 5
Trustworthiness 3
User Experience 4
Additional Rating (Regulation) 2

  

Detailed Rating Breakdown

  

Account Conditions

  Statkraft offers a limited account structure, which may not cater to the diverse needs of all traders. The absence of various account types can be a significant drawback for users looking for tailored options.

  

Tools and Resources

  The broker provides some educational resources related to renewable energy investments, but the overall offering is minimal compared to other brokers that provide comprehensive trading tools and market analysis.

  

Customer Service and Support

  User reviews indicate that customer service is lacking, with many users expressing frustration over response times and the availability of support.

  

Trading Experience

  While some users report a satisfactory trading experience, the lack of popular trading platforms and transparency regarding costs can detract from the overall user experience.

  

Trustworthiness

  The absence of regulatory oversight raises concerns about the safety and security of client funds, leading to a lower trust rating from users.

  

User Experience

  Overall user experience is mixed, with some appreciating the focus on renewable energy and others expressing concerns about transparency and support.

  In conclusion, while Statkraft presents itself as a notable player in the renewable energy investment space, potential clients must weigh the benefits against the significant drawbacks of lack of regulation, limited account options, and customer service challenges. As reflected in this Statkraft review, caution is advised for those considering investing with this broker.

Statkraft review