Statistics of STForex votes

STForex reviews

STForex_logo STForex 6/10 (votes 4074)

On-line since: 2014
Country of origin: Russia
Regulation: -
Payment options: bank cards, Webmoney, Yandex.Money, Perfect Money, wire transfer
Minimum account size: $1
Minimum lot size: 0.001 lot
Leverage: from 1:10 to 1:1000
Spreads: fixed from 2 points and floating from 0.3 point

STForex is a young brokerage company that started operating online on Forex in 2014. The company offers its clients to benefit from trading through MetaTrader 4, which is one of today’s most advanced trading platforms. STForex is confident that this currency trading tool provides customers with an opportunity of convenient trading, which enables them to improve their performance in the forex market.

STForex aims to support newcomers in the currency trading market providing them with a wide range of efficient educational materials.  Besides, every investor can gain access to free demo account, which is the best way for novice traders to master their trading skills in a short period of time.

STForex executes an effective mechanism for the protection of its clients’ interests. The broker offers investors high-speed execution of orders, timeliness, and smooth performance on the exchange market.

On the company’s site you can read that every client can join the VIP club membership, which ensures great privileges for traders.

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Comments about broker

harista trader
review STForex
06-06-17

Be aware with STForex. My experience with this broker was bad when I used to work with their online platform nearly to one year. In fact, performance wise was good only during the first 6 months of trading period. My problem rise when I made a request for withdrawal which cost for 600 USD via wire transfer, they rejected my request with excuse my document was not valid and I’ve to re uploading again for verification process. In order to get my money I’m re uploading again my document and this time it took longer than before which 3 days for them to verified my account. After that I request again for withdrawal and it took a week for them to transfer my money to my bank account. Even though I got my money but I’m quite disappointed with their service that slow in processing this transaction. Second problem that slowly arise is their trading platform become so bad to use. Their execution become slow in execute my instant orders and also will slow in close my position. Sometimes it will re quoting my orders and make me loss a few pips because of that problem. Their spread also start widening even market is not volatile. For those trader that still consider in choosing this broker I’m not recommend this broker to all of you because it is too risky investing your money with this broker in addition this broker is not regulated broker.

Gallaint trader
review STForex
11-05-17

I asked for a withdrawal last week Monday amounting to 590USD. I haven't received a confirmation from them, or at least an email informing me if they received my request. I was able to withdraw money from this broker twice before. I don't know what the problem is now.

Lazaro trader
review STForex
09-05-17

STForex broker is a very annoying company to me. Especially for the delayed execution and high spreads of STForex. My opinion about STForex broker is they are a new broker in the market, their trading conditions are average and they have offshore registration. My experience a classic account isn't good due to the MT4 platform freeze problem after the France runoff election day on 8th May. I tried to execute my profitable order at EUR/USD, EUR/GBP, EUR /JPY pairs but I can't do that, therefore, I lost money almost $621 from my account. I noticed most of the time they had same slow execution which happens within min 2 minute every trade and the slippage is common things. That's why I leave them.

catthyfx trader
review STForex
20-04-17

I had a live classic account with STForex for 5 months. The first 2 months everything was fine till I requested my first withdraw for about 1000$. The approval took 2 working days. My first deposit was 200$ made with Perfect Money. From the 3rd month I had only negative experience. I had negative slippage, platform with delays and the broker manipulating the prices. My mainly trades were on major pairs EUR/USD, USD/CHF, USD/JPY, GBP/EUR. During the news time the spread was crazy high from 1 pip to 3 pips. I had positions opened during the night wake up in the morning the account had - 250$ , support team is non-existent. After trying all the strategies I finally requested to withdraw my left funds 533$ and I closed the account.

Afifi trader
review STForex
21-03-17

STForex is not a reliable broker since I’ve loss 100 USD because of their platform that freeze on my EURUSD, GBPJPY, NZDUSD and EURAUD. I can’t close my position that in profit because the platform freeze for 1 minutes until the price reverse and hit my SL. When I report this matter to their support team, and they said will make further investigation about this and until now I’m still waiting their respond and when I’m emailing again they just ignore my emails. Please be careful when dealing with them and if you want to try use small amount first.

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