Stockpair - Is it a legit broker?
Stockpair is a Binary Options broker located at 3, Makarios III Avenue, Mesa Geitonia, Limassol, Cyprus. Whenever we look at a Binary Options broker, we look at five different aspects in order to make the best possible decision. Their license, their platform, their minimum deposit, their customer support and the reviews online. In the case of Stockpair, it complies with all of those requirements to be considered a trusted broker. But let's go deep and learn more about this broker so that we can decide if this is the broker for you.
This is a fully regulated broker. Their broker's license number for CySEC is 229/14 received on March 21st, 2,014. This is for sure a big plus for a company that will be carrying our money. In fact, more than 90% of SCAMS and complaints about brokers are due to withdrawals. Almost all of them are fights against non-regulated brokers. Therefore, we have to take in consideration that the license Stockpair has is not something all the brokers are able to get. Though a license is not enough to trust 100% a Binary Options broker, it certainly gives a lot of credibility moving forward.
How is the platform?
Stockpair has a very unique and easy-to-use trading platform. The biggest difference is on the appearance of the assets when we are placing trades. Nevertheless, traders find it very easy to use once they get used to it. In fact, the majority of the good reviews on Stockpair is the non-conventional trading platform they offer to the public. Despite the slight difference, users love the clean and simple interface they find when they open their accounts. It is nothing at all like the SpotOption platforms, which are the most common ones nowadays.
The minimum deposit on the Stockpair platform is $200. This is something that has scared many newbies from signing up with them, due to the fact that the majority of brokers, regulated and non-regulated, offer a lower deposit. Among the Top Brokers with low deposit are IQ Option ($10), Daweda Exchange ($50) or HighLow ($50). That does not mean Stockpair is not in the competition. They have thousands of new traders a month, simply because of their amazing reputation online, everything as a result of their combined good service.
This is something we all as traders are very picky with. We need to have a strong customer support team behind the broker we choose. Not only because we are playing with money, but because of the high level of technological knowledge we have to have as experts when we are dealing with a trading platform. It is not a secret that we get really frustrated when there is no response from the customer service team of any broker. Stockpair has a 24/7 customer support, which is something that excels among the competitors. The monsters of the industry, AnyOption and 24Option, although they are the biggest brokers in the world, don't have the same quality Stockpair has when it comes to assist their users. The average time of response on support through email is 4-6 hours.
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This is just another good review out of many others found on the search engines. It is really easy to find good reviews online about Stockpair. This is just a result of the combination of the features already mentioned above. In fact, there are not many bad reviews about Stockpair, being pretty fast with their withdrawal process (48 hours). With that being said, we can rest assure that we will not face with Stockpair, the awkward situation of exchange email after email, chasing a broker for our money.
Stockpair is one of the 10 Best Binary Options brokers in the world. Their good reputation, their great qualities towards its users and the great customer support team make this one of the most popular and trusted brokers in the industry. If you want to open an account with them you can click here, or read the other Trusted Brokers section here in order to get to know more trusted brokers and make an informed decision. Thank you for reading.
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