Our team has been busy once more, this time focusing their efforts on Stockoza. If you are looking for a responsive online broker for your forex needs, you may have found our Stockoza review at the perfect time.
Below, our experts talk you through the new customer experience and discuss exactly what comes with being a Stockoza user. We also detail the five account types, highlight the perks of low fees, and pick up on any details that may be of concern, too. Want an honest Stockoza review? Then read on to find out more.
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Much like we found in our latest CryptoIFX review, there is no sign up offer for those who opt to join Stockoza. However, traders will be able to make use of the incredibly smooth sign up process, as detailed below.
First, traders must head to the Get Started tab, located in the top right-hand corner. Once selected, traders will be ushered to the registration screen and required to enter some basic personal details. Towards the end of the on-site form, traders will have the option to select their preferred base currency and confirm that they are happy with the terms surrounding risk and order execution.
Next, traders will need to have their ID at the ready, alongside a utility bill from within the past 6 months. Once you have scanned these and sent them in, the verification process will begin. Expect to forward a scan of your chosen deposit method, too.
In this next section of our Stockoza review, our experts tested just how user-friendly it was to make use of Stockoza.
On first viewing, Stockoza seems fairly bland; although, the black that features on a white background really helps to identify exactly where you wish to go. As you scroll down the homepage, you’ll soon find all-important details relating to the Stockoza platform and any further information regarding markets, platform, and trading info can be found across the top. It is here that traders can also select their preferred language, including English, French, German, and many more.
When compared to our findings from our Cinpax review, we did note that loading times were a little slower; however, the swift trade execution helps to leave the overall Stockoza experience and rating undented.
Finally, for those who wish to access their accounts on the go, you’ll be pleased to hear that Stockoza offers traders the chance to download dedicated apps for iOS and Android users. We found the experience was just as positive as that noted across the desktop site and was optimized brilliantly for a fluid mobile trading experience.
After spotting six different account types, it would be fair to suggest that Stockoza is aiming to appeal to the masses.
Traders can begin their Stockoza experience by registering for a beginner account; although, we aren’t so sure that a £10,000 minimum deposit truly warrants the term beginner! Thankfully, it would seem that Stockoza is catered towards traders with a bit of background knowledge and offers all traders a dedicated account manager and a floating bid/ask difference.
As you work your way through the tiers, various perks are unlocked. Below, we aim to offer a better insight into what you can expect.
You only have to take a quick look at our Greendax review to understand the importance of a solid trading platform(s). Thankfully, this is an area that Stockoza excels in, too.
Stockoza has its very own all-in-one trading platform, offering traders the chance to review currencies, stock, and derivatives in one place. Depending on your chosen tradable assets, you can look to trade with Stockoza 24/7.
Many traders will look to make use of the client platform and can download it directly from the Stockoza website. Others may wish to make use of their browser and trade online using the impressive WebTrader. Finally, for those who wish to remain active in the market and enter at any given moment, you can also make use of the dedicated iOS and Android apps that are downloadable from respective app stores on the Stockoza mobile site.
Irrespective of your chosen platform and preferred way to trade, you can enjoy over 35 pre-installed indicators, market depth information, tick chart trading, and much more.
It’s important we kick this section of our Stockoza review off by mentioning that no payments can be made without full verification of your account. In other words, get that ID ready before you consider making use of those charting tools!
Once you’re up and running, you can look to deposit into your account using Mastercard and Visa. Any transactions should hit your account fairly swiftly and free of charge, taking no longer than 24 hours. The latest encryption technology is used across the site, too, so you’ll have no need to worry about the security of your funds – we’ll touch more on that later.
Making a withdrawal is painless and you can expect any withdrawals to be processed within 24-48 hours. Stockoza does prefer that the same method used to deposit into your account is used when making a withdrawal and you should have no pending trades when your withdrawal request is put forward. When we look closer at timescales, most Stockoza reviews have noted that it has taken no longer than 5-7 days for a withdrawal to appear in their account!
If Stockoza had plans of staying competitive with the rating offered out in our FiatVisions review, then they needed to be on point with their fees. Thankfully, due to the transparency relating to trading fees, we couldn’t help but offer Stockoza another positive mark towards their overall rating.
Credit where credit is due, Stockoza does not apply fees to any deposits or withdrawals and it clearly identifies any further fees and charges that traders may be subject to on-site. Fees do vary across the board and are tailored towards the kind of account that you opt to open. With this in mind, we suggest paying close attention to any overnight and maintenance fees before making your final decision.
There is no doubt that customer service is an overlooked area when traders come to search for their perfect platform. With this in mind, we always ensure that we put the support of all brokers through their paces. We tend to compare customer service agents to the gold standard detailed in our Buxberg review; however, based on our recent interaction with the Stockoza support team, we could argue that they’ve stolen top spot!
Once you’ve located the Get Assistance tab, you’ll be redirected to the technical support department. Here, we found numerous ways to get in contact and air our concerns, including phone, email, and live support.
As has become standard across the industry, live chat and phone are by far the quickest ways to have your basic queries answered. Of course, for anything that requires a little more evidence, we would suggest getting in contact via email. Our experts were pleased to note that response times were on par with other industry leaders and the responses received were always timely and knowledgeable.
This may arguably be the most important section of our Stockoza review as it highlights whether Stockoza can be trusted. Based on our recent venture through the small print, we feel confident to announce that Stockoza is a legitimate broker and is registered in St. Vincent and the Grenadines.
Alongside legitimate registrations, Stockoza makes use of plenty of tools to help keep its users personal information and finances safe. Firstly, as we mentioned earlier in our Stockoza review, the site is encrypted with the latest SSL technology and keeps client funds in a segregated account. We also found that the platform adheres to the industry-recognised KYC and AML procedure, alongside offering complete access to terms and conditions, the refund procedure, and much more.
The penultimate section of our Stockoza review focuses on all the additional perks that come from becoming a Stockoza trader.
We have already briefly touched on the additional personal assistance, dedicated mobile trading apps, and range of trading tools provided to all traders; however, it is also worth mentioning that the range of tradable assets is staggering in comparison to many other competitors. At the time of writing, traders can research, review, chart, and trade currencies, precious metals, commodities, and shares from one unique platform.
Traders at Stockoza can also enjoy webinars, expert-led talks, data analysis, daily feedback, and more, simply by becoming a member.
Our latest Stockoza review discovered over 50 currency pairings were available to traders. Of course, this included major pairings, such as USDGBP and EURUSD; however, we were particularly impressed by the range of minors and exotic markets, too. If you are looking for a trading platform that allows you to chart across a wide scope of forex markets, we have no concerns recommending Stockoza.
As we have already mentioned in our Stockoza review, the fees associated with trading will vary depending on the account you have opted to make use of and the volume at which you are trading. Thankfully, Stockoza boasts low fees across the board and so, comparatively speaking, you will be in a much better position should you turn your trades into profit. With that being said, keep your eyes peeled for any overnight fees and contact your dedicated account manager should you have any dramas.
We could never suggest that a broker offers the perfect trading conditions; but, we can confidently say that Stockoza isn’t far off! Currently, traders have the potential to open leveraged positions up to 1:400. When compared to many other top brokers, this far outweighs many. However, we should mention that while a leveraged position is an ideal way to boost your potential with a smaller initial outlay, the risks involved are also multiplied extensively. Taking this into account, we suggest putting your strategies to the test across an external demo account, taking note of the expert-led webinars, and discussing with your account manager.
We at Tradersbest.com believe that Stockoza is offering its traders a robust forex trading experience. There is no doubt that the initial deposit will be a little too steep for some true beginners; however, for those who can meet the demands of the minimum deposit, many perks will follow.
The flexible leverage and low-fees combine well to create superb trading conditions that will benefit all traders, regardless of their account type and market preferences. Whether it is major, minor, or exotic markets you are after, we are certain that Stockoza will be hard to beat.
Once you’ve passed KYC, we can’t blame you for wanting to get your account funded and begin trading at Stockoza. However, just before you do, be sure to make use of our latest Stockoza review to confirm you are happy with possible fees and methods associated with your online transactions.
Before you plan on making a Stockoza crypto, forex, or futures trade, you’ll need to check that those assets are available to you. Luckily, our experts have been busy building a better picture on the popular broker, meaning you can save yourself a whole bunch of time by reading through our latest Stockoza review.
The customer service received by an online broker can quickly turn them from a good broker into a great one. You can find out which category Stockoza falls into by taking time to read through our latest Stockoza review today!
We all know the risks associated with trading online, so wouldn’t it be nice to find yourself an online broker that offered you the chance to access your trades wherever you may be? Begin your search for the most accessible broker today by checking out our Stockoza review.
At TradersBest.com, you’ll find our experts are passionate about finding safe, secure, and reliable brokers for our readers to enjoy. With this in mind, we spent time to ensure scams, threats, and other scandals associated with Stockoza were documented in our latest Stockoza review, allowing you to judge whether it is the right platform for you.
That brings us to the end of our Stockoza review. We truly hope that you are now in a position to decide whether this is the right broker for you.
To quickly recap, Stockoza is a legitimate broker that is registered in St. Vincent and the Grenadines. You’ll find no offers at the registration stage; however, you will find a swift sign up process that requires a government-issued id, a utility bill, and a scan of your chosen deposit method. A minimum deposit of £10,000 may seem a little higher than your average; but, it is important to remember that the additional perks that you will receive as a Stockoza user are of a higher standard, too. Overall, this is a great broker for those looking to trade seriously.
Trading financial products carries a high risk to your capital, especially trading leverage products such as CFDs. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
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