Real Stockpair review and complaints by traders!

stockpair review and complaints

 

I am going to present you here the most important Stockpair complaints I found all over the internet. It is around for a long time so it makes sense to find a lot of comments. As you can find for all brokers that old. At the end, I write and a brief Stockpair review.

As was notified, the Company had decided to suspend trading activity effective November 4th 2017.

Starting on November 4th, 2017 and thereafter, clients will not be able to trade in their account or to fund their account and will be able only to withdraw their eligible funds.

Stockpair complaints on the web

Complaints about account managers:

Like 24 option complaints, most Stockpair negative comments are about the “account managers”. They keep calling and calling to persuade you to deposit more money. That is their job.

“I had a live trading session with stockpair on Sunday and iv never experienced anything like it, they wanted me to put all my savings and everything I had into my account, they even said that i should apply for a credit card right away and they promised me that im going to make thousands, i invested 900 pounds and they helped me lose it all in about 25 minutes, it was like they purposely did it, i feel gutted, that 900 was gonna go on a robot but it was stockpair that talked me out of using robot, from my experience i think stockpair are targeting new beginners.

Be careful and if you think your confident to start trading on your own then do it on your own or if you don’t think you’re ready then revise more before you start trading, you want to make money not lose it”

Do not listen to them and you will trade fine on this platform. This is one of the very few negative points of Stockpair.

Another complaint:

“Maybe a great binary options broker (well they did return my withdrawal), but their brokers need to know when to listen to their customers rather than making the customers listen to them – No I did not want to put half my life savings into my account! Thats what put me off them!!!!!!!!!!”

They are annoying, aren’t they? I have my own experience 😉

Complaints about Stockpair Signals:

They offer some trading signals that, according to traders, are not so successful. I do not know if they are doing it intentionally or not.The important is that the signals are not good enough. You should better follow these binary options signals that I have reviewed.

“I am so disappointed from stockpair all the signals are all wrong I got one trade right , and the auto trade was even worst , so angry please from experience don’t waste your money”

Complaints about withrawal problems

I found very few complaints and comments about problems with withdrawals. Usually, with a broker that old, the comments are much more.

here is he most serious:

“i put in 500 euro and then the “manager” rang me and asked me to deposit more and i ended up putting a total of 1500 in it, had a great run the same day and got the account up to 20k in 1 night, needless to say they froze my account the very next day and said i abused their services. i did over 50 trades and still they wont pay out i did get the dep back but thats besides the point, so can they be trusted, probably if u new to binary then yes but if you any good at it you will not get your winnings. opening a case against them”

 

But remember that traders are impatient:

When reading negative comments you should always remember that most traders are angry and impatient. Because there are money involved.

Here is an example of a false alarm:

“A group of us were looking for a new broker to trade with so I registered with Stockpair and sent up all my documents – drivers license,utility bill, Credit card. All are up to date and in order. I made 2 successful trades. Now Stockpair are telling me that they want a color copy of my national ID card back and front and/or passport with all pages that include visas and extensions???! They tell me I can continue to trade in the mean time! I explained to them this country has not issued national ID cards and what do they need my passport for when they have my govt issued license and other documents?!

Well, I think I’m going to have to withdraw my initial deposit if this issue doesn’t clear up. I can’t recommend this broker to the rest of my colleagues if they only wait to tell you there’s a problem after u deposit your money.

UPDATE:

Spoke to the account manager assigned to me via telephone and he said that they’re just being careful in regards to fraud etc… and he’d get back to me this week. I’ll give them the benefit of the doubt and I’ll follow up on this reviews pending the outcome…UPDATE 2: Well, true to his word, my account manager got my stuff sorted out and my account has been authorized. Even before the authorization email was received i was so pissed off i made a request for a withdrawal of my initial deposit ($250) and was really surprised when I saw the amount back in my bank account in quick time.

UPDATE 2:

Well, true to his word, my account manager got my stuff sorted out and my account has been authorized. Even before the authorization email was received i was so pissed off i made a request for a withdrawal of my initial deposit ($250) and was really surprised when I saw the amount back in my bank account in quick time.
Just wanted people to know that things turned out alright…”

Stockpair review

Introduction

StockPair is a fully web-based broker that I might assume as the sovereign of stock pairs trading in binary options. Besides regular assets like Currency pairs, Indices and Commodities, traders can trade the relative strength between two stocks with the StockPair broker.

The Trading Platform:

The company has started its journey in Ireland in 2010, and NexTrade Worldwide Ltd. in Cyprus manages the trading platform, offered by StockPair. Moreover, the trading platform fully is web based allowing traders the flexibility to trade from anywhere around the world.

Regulation

Stockpair is an IFSC regulated platform. NXB Financial Services Ltd is a financial services company that operates Stockpair broker. The company is currently regulated by the Belize International Financial Services Commission.

US customers

If you are trading from United States, this broker has no option for you. Because of their regulation policy, US citizens are not allowed to trade with this broker. Better find your suitable broker from our ‘US Binary Brokers’ list.

StockPair Assets:

Unlike other standard brokers, StockPair Broker offers only 16 assets accessible for trading. From my private source I found that, they will include more assets in near future. Obviously, they have most major assets that are presented on other binary options brokers.

Trade Types:

StockPair, as one of the leading binary option brokers, is providing three (3) types of trading facilities.

Binary Options: This is the easiest and most renowned type of options to trade with. Usually, traders just need to select an asset and make a decision if price will go higher (call) or lower (Put) by the end time.

Pair Options: In pair options trading you decide which asset will perform better than the other in a selected pair within a chosen time frame. With this type of trading system, traders need to be alarmed about sustainability of the price fluctuations.

KIKO Options: This type of trading options is an exclusive and innovative trading option to Stockpair. While trading KIKO options, you only need to decide whether the asset will touch the upper or lower price level first, despite the time frame.

StockPair Reliability:

I usually go through different matters to rate any brokers’ reliability. However, from first to last my understanding with StockPair broker, they are fairly user friendly and reliable trading platform. I never faced any downtime; never have any quite big slippage in execution. For that I rate StockPair reliability pretty highly, at least one of the good one in Binary Options industry.

StockPair Bonus:

The broker, StockPair is currently offering 100% welcome bonus for new traders on their first time deposit.

Demo Account

This broker has no demo trading option for its traders, Alas! Although you can have a look at their platform clicking on ‘Binary’ tab from top menu. However, live account is required to execute any trade on its platform.

StockPair Withdrawal:

My understanding with StockPair broker was very good, I have withdrawn over $12,000 in cash, and surprisingly I got cash in just about 5 days. There is verities ways to withdraw money/profits from StockPair including Credit/Debit Card and wire transfer. In recent times, StockPair included Skrill, Neteller, QIWI for withdrawing money as fast as possible. If you get any difficulty withdrawing with StockPair, kindly contact me, I will be more than joyful to put in to my StockPair review.

StockPair Payout:

Payout from StockPair for the trades varies on the type of options that the investor is trading with. The payout is as higher as 86% with fixed pair options. As for hovering pair options, the payout is even higher, and it might reach to 350%.

Customer Support

I was able to contact with this broker through their live chat support, email and web form. Obviously they do have phone call support available for international traders.

 

As was notified, the Company had decided to suspend trading activity effective November 4th 2017.

Starting on November 4th, 2017 and thereafter, clients will not be able to trade in their account or to fund their account and will be able only to withdraw their eligible funds.

Stockpair
0 / 10 overall
{{ reviewsOverall }} / 10 traders (0 votes)
Pros
-the only broker that offers KIKO options -trading guidelines for beginners
Cons
Beside the many features of this broker, I still find it so miserable not having a demo account. A broker obviously should offer a demo account for its traders so that they can practice and get the chance to know the broker’s platform. Even though demo account feature is now very common in binary industry now, unfortunately Stockpair doesn’t offer any.
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