There is a good reason for StoxMarket to be one of the reliable brokers of the industry. It provides a safe and secure trading environment and offers great terms and conditions for binary investments.
It was established as a broker in 2013 and has been legally operating ever since. The brokerage has managed to build a very good reputation among binary traders, thanks to its excellent services and terms of trading.
Review Verdict: Stox Marker is Not a Scam
StoxMarket offers a great number of opportunities that are available to every client of the broker. They have various account types with significant features and they also offer a demo trading. Demo trading is essential when it comes to binary trading. The markets are highly volatile and getting to know the trading platform and developing some trading skills might be crucial in the future.
How to Use the Broker?
To join the StoxMarket brokerage is free. But in order to start trading on their platform, you will have to fund your trading balance with a minimum of $250. This is their minimum accepted amount for starting deposit.
Stox Market is build on the MetaTrader4 trading platform – an award-winning one. It offers comfort and user-friendliness. To place trades on the StoxMarket brokerage, you need to do few things first:
1. Choose the type of option you want to invest with – StoxMarket offers Hyper options (from 30 seconds to 10 minutes), High/Low, One Touch and Range options.
2. Choose an asset category – you can choose between stocks, forex, commodities and indices.
3. Set your preferred expiration time and investment amount.
4. Purchase the option – by clicking on the Low or High buttons, depending on your prediction of the outcome.
You can also place trades on multiple assets in the same window and monitor their progress constantly.
No Download Required
The binary options platform of StoxMarket is entirely web-based. Its owners have made the effort to stay competitive by offering you the chance to download a mobile application which would allow you to trade on-the-go and does not require your constant presence in front of the computer.
The web-platform will run on all desktop operating systems and the mobile application is available for iOS and Android.
How to Get Started?
If you want to start trading on the StoxMarket platform, you need to complete a few simple steps:
1. Create Free Trading Account – you can choose between a Live account or a Demo account. If you decide to open directly a Live account, you should be sure to choose your account type in accordance with your trading needs and preferences.
2. Deposit the Accepted Minimum – the initial deposit for the most basic trading account with StoxMarket is $250, which is a standard average amount for the industry.
3. Trade & Withdraw – once you have generated profits you wish to withdraw, you can do that by submitting a request through your trading account.
Return on Investments
Stox Market offers significant payouts comparable to those of the other best alternatives in the industry. You can get payouts on your investments of up to 85%.
Opening a Live trading account is free of charge. But don’t forget that in order to begin investments you need initial capital. The minimum accepted by StoxMarket is $250.
Is Stox Market Brokerage a Scam?
The broker belongs to the privately held firm Marketier Holdings Ltd. StoxMarket has a solid background and reputation. Launched in 2013 as a brand of Marketier Holdings Limited, it has gained a very good reputation among traders also because it offers licensed trading platforms. Our investigation is able to conclude that StoxMarket is not a scam – it is a legitimate brokerage.
StoxMarket – Bonus & Account Types
As we mentioned, the StoxMarket brokerage gives you a choice – you can start with Live or Demo account. Additionally, you can choose between different Live trading accounts, depending on your initial deposit. You can start with the basic amount of $250 or choose between:
- Silver – starting from $1,000, this is the introductory investment account
- Gold – from $5,000, you can open a pro advanced trading accounts
- VIP – from $20,000, this is an account type aimed a trading experts with a lot of experience.
Once you fund your account with StoxMarket, you will be able to receive a welcoming bonus. There are other types of bonuses, as well, including “refer a friend”, cash back and for loyal customers. The only condition is that your initial deposit is of a minimum of $1,000.
StoxMarket – Deposit & Withdrawals
As we mentioned, the initial deposit you can start with is $250. You can fund your trading balance through one of the available payment methods – credit or debit card, wire transfer or from an e-wallet. Withdrawal requests are processed in 3 to 5 business days. You will have to withdraw via the same method you used to deposit into the StoxMarket brokerage.
StoxMarket values security of funds and personal information confidentiality. When you deposit and when you want to withdraw, you will have to provide a proof of identity to verify that you are the owner of the trading account. This is done in order to guarantee the safety of the trading process.
The support team of Stox Market is always polite and ready to help. You can reach them via a number of channels including phone, e-mail and life chat.
We conclude our investigation by issuing the final verdict of StoxMarket being a legit and reliable binary options broker. It has a dedicated support team available 24/7, offers very good trading opportunities concerning bonuses, payouts and special features. And it has a licensed, user-friendly trading platform. It is safe to select StoxMarket as your brokerage counterpart.