Welcome to the WhatAreBinaryOptions.org Official Stockpair Review!
Stockpair originates from Ireland and was founded in 2010. Part of a new breed of brokers, it offers the combination of both binary options and pair options. The company operates a proprietary platform managed by Nextrade Worldwide Ltd. Stockpair provides traders who love the Forex market an opportunity to make similar trades by trading on the relative strength of two stocks (pair options). Now one of the most innovative and prolific broker of its kind, Stockpair is all about simplicity and no fluff. The possibility of high payouts, superior use of technology, and the exclusive training methods offered make this broker one that is highly regarded in the industry.
What’s Good About Stockpair?
- They are located in Cyprus and registered with CySEC.
- They offer services in an astounding 11 languages.
- They offer the coveted pair options with payouts up to 350%.
- They offer a Market Review section, which provides Daily Trading Insights to help traders make informed decisions.
What’s Bad About Stockpair?
- Demo accounts are only available through a live funded account.
- There are no possibilities of refunds for ‘out of the money’ trades.
Our Full Stockpair Review
The most noteworthy feature of Stockpair has to be its pair options. Since this is not a common option across most platforms, the company makes a great effort in providing all of the necessary information for traders interested in taking part in this type of trading. Trading pair options involves trading on the relative performance of two stocks as opposed to market movements as it is with binary options. With Stockpair’s easy-to-navigate platform, you are able to choose the two stocks you wish to trade after which you decide which one you believe will perform better. Stockpair then clearly outlines your potential profit as well as the expiry times available. Payouts can be as high as 350% with pair options.
Stockpair offers two different types of pairs: fixed and floating. Fixed pairs imply that you will have to speculate on the relative performance of the two pairs of your choosing from the time of purchase to its expiration time. With floating pairs, payout is determined according to a different time span. Instead of being from time of purchase to expiry, floating pairs work according to a predetermined time, which can be anywhere from one day to a month.
The broker’s platform uses all of the latest technology available on the market. It is ahead of many of its competitors with its top of the line security measures, trade monitoring capabilities, and impressive training methods.
Aside from a regular trading account, four premium accounts are available: Silver, Gold, Platinum, and VIP. You are automatically upgraded to one of the four accounts once your live trading account reaches the minimum deposit required. For the Silver account, you need to have at least $1,000 in deposit. This status gives you access to the coveted Trade Control, additional market reviews, and strategy training tools. Once you are successful in building your profile and you reach a deposit of $5,000, you will be upgraded to the Gold account. With this one, you will be entitled to a personal trade expert, free wire transfers, and a 1% volume cash back.
Stockpair truly knows how to reward its best customers. If you have such skills that you are able to reach a $20,000 deposit, the company will happily upgrade your account to Platinum status. This account allows you to trade up to $24,000 per position and you also get an additional 2% volume cash back. For the cream of the crop, those who reach the impressive $50,000 deposit value will get the outstanding benefits of the VIP account. These include: a senior trade expert who will help you strategize and perform market analyses, a maximum $48,000 per position, 24 hour withdrawals, daily trade indicators (push alerts), 3% volume cash back, and no limit cash back.
While these may sound intimidating and over the top, many of the top tier performers at Stockpair have seen their accounts upgraded to these four premium accounts. With the exclusive trading tools available by this broker, traders are encouraged to develop their skills and to aim for higher profits. The sky is the limit with Stockpair.
Expiry times range from seconds up to 150 days. The latter involves the ability to understand long-term market analysis and is an excellent way to broaden your trading strategies. As such, Stockpair offers one of the best educational centers of the industry. From beginner information to advanced strategies for the most experienced traders, the company takes care of its customers like no other. Traders have access to a trade simulator, several tutorials, and information on how to become a better trader.
There are as many as 150 underlying assets available. Customer support is available via phone, chat, or email. Withdrawals are especially fast with this company with traders receiving their capital in as little as 5 days after putting in a request.
Perhaps the only comment with a negative connotation about Stockpair relates to its demo account. Unlike other brokers who offer a no strings attached demo account, Stockpair only offers one through a live funded account. This means that you must already have made the decision to sign up with the broker before you can access your demo. Once you are signed up, you must speak with your account manager and request to be set up for a demo account. In addition, this will cost you a deposit of $500.
Stockpair’s strong suit is definitely its desire to please its clientele and ensure that each trader has a positive experience. If you are interested in pair options, this is the number one broker to check out. The company has found a way to put a unique spin on training and analysis tools that keep traders coming back for more. If you are in the market for a unique experience, try Stockpair; its unbeatable platform and dedication will make you feel at ease from the start and you will be able to focus on what matters most, which is building your portfolio to become a successful trader.
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