Stockpair as a binary broker is one of the most unique out there. They have a platform that is extremely user-friendly, very accurate and transparent. They also have the option of pair trading. This option allows a trader to trade one commodity against another whereby you predict which one will perform better. There are two types of pair options available which are fixed pairs and floating pairs. Stockpair is the pioneers of this type of trading and continues to come up with innovative ideas to improve their clients trading experience.
How to Register
Using the website it is very easy to register only asking for your e-mail and name. It is important to note that due to the regulations from the EU and Cysec that people based in the United States are no longer allowed to register.
Once you have registered and would like to start trading then the initial deposit with Stockpair is $250,00 but as you build up to an experienced trader there are 4 different account holders depending on the amount you deposit.
As a trader, you have the options to join any of the four accounts on offer and if the starting amount of a minimum deposit for a silver account of $1000 is a bit too high a risk to start with then the non-premium account of $250,00 will probably be more appropriate.
The accounts are based on the amount of the minimum deposit with the silver account being $1000,00 and the VIP account being $50000,00. With each account, the benefits are different and with Stockpair who offer a cash back option the percentages also vary.
The advantages of progressing to the higher accounts are that as part of the benefits there is also a professional trade expert to assist you.
The trading platform is web based and in the process of being patented to Stock Pair. It is a pleasant simple interface that is accurate and transparent.
It is Web-based therefore there is no need to download any software and is available on all devices that have access to the web. The platform allows you to trade from as little as 20 at a time to as much as 6000 at a time.
Apart from the trading platform that Stockpair offer they have also added two unique features, technical analysis charts and trading indicators. Both these features make it a lot easier for the traders with the analyses charts they can see what the markets are doing without having to resort to third party charts and the trading indicators give the trader an idea which way the markets are going up or down.
Added to the binary and pair options they also offer the Kiko trading option. This type of trading does not rely on expiration times but the trader needs to predict whether the prices will hit the upper or lower limit first. If the prediction is right then his money will retire.
Pair options are often preferred by traders because they find them a lot more predictable.
Support is excellent with support available in multiple languages. The website is also available in 11 different languages. The support personnel can be contacted by live chat, sendu og símann. There are 7 different telephone numbers that can be used for support.
Before you start trading seriously the site also has a demo account which you can use to practice and make sure that you get a good idea how the Stockpair platform works and to understand the charts and predict how markets react.
Stockpair takes the safety of their clients seriously and have the highest SSL certificates for their sites and financially all the client’s accounts are segregated from company’s operational accounts and is only used for the receipt of or payments of client accounts.
Inn og Úttektir
Stockpair accepts all the major cards like visa, Master and you can also use skrill, sofort and e-wallet banking such as Neteller. The withdrawals are done within 48 hours and it can be quicker depending which type of account you have.
If you are depositing and withdrawing using a credit card then you will need to send copies of your credit card to Stock Pair when you start trading in accordance with the regulations. They will send a skrill check to pay into the credit card account.
Depending on the contract that you have with Stockpair the average payout for up/down binary is 80% and with pair options, the payout can go as high as 350%
Stockpair is well regulated by the EU and Cysec regulations and when you decide to open an account you will need to submit all the necessary documentation such as your proof of residence which is generally a utility bill, a copy of your identity document and proof of payment.
- Innovative products and often leading in the field of coming up new ideas
- Have a very good support system
- Reputable broker with bases over 100 countries and known to have a good client relationship.
- User-friendly platform
- Have advanced trading tools to assist the clients
- Well regulated
- For premium accounts, high deposits are required
- High minimum trading is required on a monthly basis to qualify for the cash back incentives
- The trading contracts are limited.
Stockpair over the years have shown that they are reputable and one of the brokers that are continuously finding unique ways to assist the clients and having other options for trading like pair options. With the support system and the user-friendly platform that they offer it is one of the better broker firms to have an account with.
Stockpair specializes in pair options and lately has included Kiko trading and that is why there are hundreds of traders worldwide who would like to use the Stockpair platform to trade. Being reputable and innovative Stockpair is a good option for the aspiring trader.