Advantages

  • No technical knowledge required
  • Managed risk
  • Knowledgeable customer support

Disadvantages

  • Practice for paid members only

StockPair Review

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Stockpair.com was founded in 2010 and is domiciled in Limassol, Cyprus. The binary option broker recently received CySec (Cyprus Securities and Exchange Commission) regulation in accordance with the European Union Markets in Financial Instruments Directive (MiFID).

Trading Platform

Stockpair seems to stand in a league of its own as its unique trading platforms for binary options and pair options seem unrivaled in the industry. Within the trading platform, traders can choose stocks from a list of stock pairs and binary options and stock pairs from a convenient drop down menu. Once a pair or option is selected, the trader can choose a position and invest anywhere from $20 to $6000. If a trade is opened for more than an hour, the trader can opt to exit early, and uniquely to Stockpair, either if he is in profit or loss, so it is a great tool for any trader.

Traders using Stockpair can choose to trade Binary and Pair options from 7 stock exchanges in America, Europe and Australia, a wide range of popular currency pairs such as EUR/USD, EUR/JPY, USD/CHF and more which can be traded 24 hours a day, commodities like Gold and Oil or indices.

Once a position is open, traders can chart the changes on a live feed, or can pursue other activities while waiting for the expiry time.

Features

To help make the trading experience as profitable and comfortable as possible, Stockpair ‘s platform is full of features that are designed to help the advanced as well as the beginner trader – from risk management tools like trade control , early sale options and expiry decided by the trader, through technical analysis charts and extensive trading guide, even the reports stand out with showing the trader the chart of his closed trades in order to improve his strategy and learning process.

Customer Service

In addition to offering an excellent platform design, Stockpair offers reliable customer service. It should be noted, however, that customer support is available during trading hours only. During the course of our Stockpair review we chatted with a representative several times, and always received top quality service. Not only did the representative answer our questions, but oftentimes she went beyond the scope of the query to offer practical advice for streamlining the trading process.

Phone inquiries are available in 10 countries. Assistance is also available via email. We emailed Stockpair and received a response in slightly over an hour.

Ease of Use

Using Stockpair was both easy and pleasant from start to finish. Registration was simple and considerably shorter than registration for most Forex trading accounts (and even many binary options brokers), and depositing is available via credit card , Moneybookers and wire, enough alternatives for us.

As is the case with all of the top binary options platforms, the trading platform is available in a web-based version only, which means that there are no heavy or time consuming downloads. It also means that you can trade from any computer or mobile device as long as you remember your username and password.We found it remarkably easy to switch between trading stock pairs and trading binary options, and to find the right asset to trade from the clearly-marked drop down menu. The platform itself is notably uncluttered as compared with the complex, chart-filled Forex trading platforms.

It should be noted that the fixed trading option requires you to place a position and then wait, potentially for hours, which is both oddly relaxing and somewhat stressful.

Final Thoughts

Stockpair brings a new dimension to the world of online trading by allowing traders to make deals based on familiar products and trading strategies that are relatively easy to comprehend. Low minimum deposits, a low minimum trade amount of $20 and a maximum of $6000 per option help to limit risk while making this form of trading possible for people with every experience and funds.

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