- Instrument Variety
- Leverage: (200:1)
- Scalping: Allowed
- EURUSD Spread: 2.2-3
- Regulation: CySEC
- History: Clean
Though Stock.com doesn’t offer tight spreads, it excels in all other aspects. Clean regulatory history, CySEC registered, wide variety of instruments (45 currency pairs, and stocks, bonds, and commodities), and intuitive, easy, website. It is a perfect choice for newcomers and beginners who want to make sure they work with a reputable forex trading company.
- Company: Stock.com is the trading name of Leadcapital Markets Ltd.
- Founded: 2014
- Payment Options:
- Platforms: MetaTrader 4 and Sirix WebTrader platform.
- Accounts Available In:
- Minimum Deposit: $100
- Regulation: Stock.com is regulated by CySEC of Cyprus.
- Social Trading: N/A
- Support Options: Email and Phone.
At the centre of the Stock.com offering is the ever popular MetaTrader 4 platform. First launched back in 2005, the MetaTrader 4 platform remains the most popular Forex trading platform among retail traders. The popularity of the MetaTrader platform is down to the platforms professional like trading environment and the large community of developers who program automated trading robots for use in conjunction with MT4. Those who are fans of the MetaTrader will be pleased to know that the brokerage offers both the Desktop and Mobile version of the platform, which means traders can trade wherever they are. The brokerage also offers a Webtrader platform which allows traders to trade on computers which do not have the MetaTrader 4 software installed. The WebTrader platform offered by Stock.com is powered by Sirix, and those wanting to find out more about the Sirix Platform can do here.
- Leverage: Up to 200:1
- Scalping: Allowed
- Expert Advisors: Allowed
- Trailing Stops: Yes
- EUR/USD Spread: Fixed Spread Account 3 pips, Variable Spread Accounts from 2.2 pips.
The spreads offered by Stock.com are not the most competitive with it being possible to find many other brokerages offering tighter spreads on the major FX pairings. This is to be expected as the name suggests, Stock.com is not solely focused on Forex trading. The brokerage allows traders to use any trading style they wish and also allows traders to use Expert Advisors allowing traders to automatically trade any of the markets offered by the brokerage. The brokerage also offers traders the option to use significant amounts of leverage, with the brokerage offering leverage of up to 200:1. It is important to remember that increased leverage comes with increased levels of risk. The brokerages FX trading conditions are not the most competitive, but as the name suggests Stock.com specialises in offering multi asset trading.
- Currency Pairings: 45 Currency Pairings
- Other Instruments: Stocks, Bonds, Commodities and Indices available via CFD’s.
The brokerage offers a total of 45 currency pairings, and the majority of traders will be likely find all the currency pairings that they were looking for. Unfortunately, some of the more exotic currency pairings are not available with the brokerage, however this should not be a problem for the majority of traders. Where the brokerage really shines, is in the wide range of non-FX instruments on offer. Traders have the option to trade a wide range of Stock, Bond, Indice and Commoditiy CFD’s. This means it’s possible to trade a wide range of different markets with one trading account. The range of instruments offered by Stock.com is pretty impressive, with the brokerage offering significantly more Stock CFD’s than the majority of regulated FX brokerages. Those wanting to trade multi asset classes may therefore want to take time to consider Stock.com.
- Support Methods: Phone and Email.
- Telephone Numbers: Selection of European Phone numbers.
- Support Languages: Number of European Languages.
Stock.com, has gone to impressive lengths to ensure that the brokerage is able to provide good customer service to its customers providing support in a number of major European languages and providing a number of different European phone numbers.
- Regulated: By CySEC of Cyprus.
- MiFID Regulated: Yes.
- US Traders: Stock.com cannot accept US based traders.
- Regulatory Record: Clean.
Leadcapital Markets Ltd, the company which operates the Stock.com regulated brand gained CySEC regulation back in 2014. This makes Stock.com, one of the many Forex brokers to be regulated in Cyprus. As Cyprus is a member of the European Union, the brokerage is able to offer it’s services to those across the European Economic Area. Additionally, the fact that the brokerage is regulated within the European Union, means that clients are guaranteed a number of important protections and a minimum level of regulatory oversight as outlined in the Markets in Financial Instruments Directive. The brokerage only gained it’s licence in 2014, and to this date has not been on the receiving end of any regulatory action from Cyprus’s financial markets regulator.
Stock.com may not offer the most competitive FX spreads, but the brokerage offers traders the ability to trade a large number of assets from a single account. This means that traders looking for a brokerage to trade a range of markets, might want to take time to consider CySEC regulated Stock.com.