StockGlobal Forex broker Review: In the review below, we take an in-depth look at the features stockglobal.com allegedly offers. This review basically answer the questions: is stock global legit? Is Stock Global reliable? The review covers aspects of its licensing, its account types, its leverages, its withdrawal and deposit methods. Read through our review to see what we and other experts have to say about Stock global.
Table of Contents
Stocks global Trading Platform
Stockglobal.com looks professional and well-designed.
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It supports the MT4 trading platform. They offer assets such as Forex (with leverages up to 1:300) CFDs, Indices, Stocks, and Precious metals
Stocksglobal Account Types
In this portion of the review, we aim to explore the account types a broker might have. We check the account with its corresponding deposit and leverage. Doing this gives a clearer idea as to how a broker might work.
After thoroughly checking we discovered that this broker has three account types
Stocksglobal Deposit and Withdrawal Methods
Deposit and withdrawals are the two most important transactions for us, because the end goal of trading is making a profit. In this section, we look at these methods to make sure everything is okay with it.
The payment section states that clients can fund an account are via Credit card.
Another thing to keep in mind is that there might also be withdrawal conditions concerning accounts that take advantage of the bonus promotion. Some fraudulent brokers stipulate that a trader must achieve a certain trading volume in order to be eligible for withdrawal. This is purposefully done in order to stop traders from making a withdrawal
Is Stocksglobal Licensed?
Licensing is another important part, because a regulated broker can be trusted to some extent not to do anything fraudulent. We do this part of the review by first checking the name of the company attached to the broker. Then we run that name through various regulatory bodies to discover if it is actually regulated.
Marshall Islands is a place that attracts shady brokers because of their lack of proper licensing laws and a regulatory body
Traders should always ascertain if a broker is licensed before investing in them. They should check regulatory bodies such as the FCA in UK, ASIC in Australia, CySEC in Cyprus, BaFin in Germany, CONSOB in Italy and many others.
Read through our review on fellow unlicensed broker, Brokermasters
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Accounts
Free Trial
Projects
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Licensed in UK(FCA), Dubai(DFSA), St Vincent and the Grenadines, Cyprus(Cysec) and Cayman Islands
Accepts Traders Worldwide
Minimum Trade Deposit $100
Maximum Leverage
1:500
TOP CHOICE BY TRADERS
Licensed in UK(FCA), Australia(ASIC), Belarus(NBRB) and Canada(IIROC)
Accepts Traders Worldwide
Minimum Trade Deposit $100
Maximum Leverage
1:300
BEGINNER FRIENDLY
Licensed in Australia(ASIC) and Cyprus(Cysec)
Accepts Traders Worldwide
Minimum Trade Deposit $100
Maximum Leverage
1:500
Conclusion
In fact-checking this broker, we found that we could not verify some its claims because they needed ID documentation to continue the sign up.
Judging on where it is located, we would not advice or recommend you to invest in this broker. We don’t advise you to invest with this broker, any attempts to do so may lead to loss of your funds.