Stoxmarket is a multi-platform broker in the financial markets. In addition to binary options trading, it also offers traders the opportunity to make good returns in other markets, such as forex. In this review of Stoxmarket, we’ll assess its dealings relating to binary options trading, especially whether it offers anything new to traders.
Stoxmarket is the trading name of a company called Marketier Holdings Limited, which is registered in the Commonwealth of Dominica. The broker’s payment services are handled separately by two companies: Profitier Limited, headquartered in London, England, and OCapital LP, headquartered in Edinburgh, Scotland.
Apart from the transparent dealings of Stoxmarket, many traders have also been happy with the broker’s offerings. We searched various online trading forums and websites and failed to find any significant disapproval rating. Therefore, we can confirm that Stoxmarket is not a scam broker. Furthermore, during our review of Stoxmarket, we found out it does not accept U.S. traders, something the broker clearly admits, which further affirms its transparent nature.
Stoxmarket Trading Platforms
One of the most outstanding characteristics of this binary options broker is offering a wide range of trading platforms. This way, you can choose the one that best suits your needs and preferences.
Here are the four main types of Stoxmarket platforms:
- Metatrader 4: This is the most popular platform among forex traders.
- Mobile trader: With this innovative platform, you can trade on the go, in real time—whether on an Android or iOS device.
- Webtrader: This platform does not require downloading, proving easy access from different locations and devices.
- Tablet trader: In case you don’t have access to a desktop computer, this amazing platform could save your day.
Assets and Payouts
Stoxmarket offers an extensive range of over 200 assets for binary options traders—consisting of currencies, commodities, indices, and stocks.
Therefore, you cannot fail to find an asset that resonates well with your trading style and preferences. In terms of payouts, Stoxmarket provides up to 84% returns on successful trades.
Deposits and Withdrawals
Opening a new account with Stoxmarket is straightforward and simple—after completing the form on the broker’s website and submitting the necessary identification documents, your account will be up and running.
And, when you want to make your first deposit, you’ll have a wide range of convenient payment methods, including wire transfer, the major credit cards, and electronic payments. The broker also provides bonuses to traders, which is determined on a case-by-case basis.
Importantly, Stoxmarket is committed to ensuring clients deposit funds in a fortified and secure environment. As such, the broker has employed the latest technology, along with other stringent measures, to guarantee security of funds and integrity of its trading environment.
Based on the amount of deposit, you’ll get any of the following account types:
- Silver: Requires a minimum deposit of $1,000 to $4,999.
- Gold: Requires a minimum deposit of $5,000 to $19,999.
- VIP: Requires a minimum deposit of $20,000.
Stoxmarket prides in offering one-on-one customer support to ensure traders make good returns from binary options trading. It offers 24/7 customer support through email, live chat, and phone. The broker’s site is in three main languages, English, Arabic, and Russian, and this enables you to choose a language most suitable for your needs.
It is committed to ensuring traders make educated trade decisions. It has a comprehensive education center equipped with plenty of resources for sharpening traders’ skills—including video tutorials, eBooks, economic calendar, and guided trading sessions.
- Focused on simplicity and transparency
- Dedicated customer support department
- Mobile trading available
- Multiple trading platforms provided
- Wide range of financial assets
- Secure trading environment
- Comfortable payment methods
- Comprehensive education center
- Demo account available
- Website in different languages
- High payouts
- Lacks certification from a notable regulation authority like CySec
- S. traders not allowed
- Bonuses not pre-determined
After reviewing Stoxmarket broker, we can confidently affirm the broker offers something new to binary options traders, especially appertaining to its focus on simplicity, one-on-one tailored trading services, and offering secure trading environment. Since its inception, the broker’s innovative and reliable offerings have been attractive to traders. Therefore, if you want a broker that is credible, loaded with excellent features, and committed to traders’ needs, then Stoxmarket should be your choice.