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If you’re looking to trade something familiar and exciting from the comfort of your home, Stockpair may be just what you’re looking for. Much like Forex trading which pits one currency against another, Stockpair allows traders to trade binary options or stock pairs against each other, in a straightforward, user-friendly platform. Sound simple? It is! Read our full Stockpair review to see if this is the investment vehicle you’ve been looking for.
Founded in: 2010
Headquarters: Limassol, Cyprus
Minimum Deposit: $200
Maximum per Option: $6000
Languages Available: English, French, Italian, Dutch, Arabic, Spanish
The Stockpair trading platform is an entirely unique platform that is so intuitive, it’s almost shocking that it wasn’t invented sooner. 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.
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.
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.
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.
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.
Free Forex Trading Courses
DailyForex has teamed up with Online Trading Academy to provide you with 3 e-courses for FREE! Valued at $150, these courses focus on Technical Analysis, Trading Basics and Risk Management.
Below is an official statement from StockPair, given exclusively to the DailyForex team. Here you can see that the company is making every effort to maintain the security of its client accounts.
On Friday, March 15th , The Euro-Zone finance ministers and Cyprus reached an agreement to lend 10 Bn Euro to Cyprus . As part of the agreement the Cypriotauthorities and the EU-IMF agreed to impose a one-off bank levy on deposits inCyprus . The agreement was not approved by the Cypriot Parliament, and a new agreement is being worked on.
Stockpair assures its clients that in any case and under any agreement that will be reached , all their accounts and balances are kept in segregated accounts, are secured and will be unaffected by any decision. Stockpair will bear and absorb any costs, if any, that will be caused by any agreement reached in Cyprus.DailyForex.com Team May 2013
How is StockPair dealing with the current banking crisis in Cyprus?jess_andi May 2013