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STB Provider Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-09-12 15:13

Abstract：The biggest benefit of STB Provider is that beginners can learn a lot here, but being unregulated, traders are exposed to a lot of risks.

STB Provider information

　　The biggest benefit of STB Provider is that beginners can learn a lot here, but being unregulated, traders are exposed to a lot of risks.

Pros and Cons

Pros	Cons
Popular trading platform	Relatively new
Various account types	High deposit fees
Multiple payment options
Regulated by FinCEN

Is STB Provider Legit?

　　STB Provider is currently regulated under the Financial Crimes Enforcement Network (FinCEN) in the United States. The institution holds a Crypto-License, signifying its authorization to engage in cryptocurrency-related activities. The regulatory status of the entity is listed as Regulated, with the license number 31000277275996.

What Can I Trade on STB Provider?

　　STB Provider offers many assets to trade, 10 metals, 9 indices, 3 energies, and 100+currencies. Traders can choose as per their needs.

Tradable Instruments	Supported
Currency	✔
Metals	✔
Indices	✔
Energy	✔
Forex	✔
Stocks	❌

Account Type

　　STB Provider offers 5 account types: STANDARD, ECN, PRIME, LP account, and CUSTOM account. Demo accounts are also available. To open an account, please provide name, phone number and email address.

　　STANDARD account and ECN account are good choices for beginners.

　　PRIME account is fit for high frequency traders.

　　LP account account is suitable for long-term traders.

　　CUSTOM accounts can meet Institutional Traders' needs.

https://www.wikifx.com/en/best/best-bitcoin-brokers.html

STB Provider Fees

　　STB Provider fees are relatively high in the industry.

　　Trading Fees: STB Provider Spreads

Account Types	Spread	Commission
STANDARD	Normal	No
ECN	Low	Normal
PRIME	Low	Low
LP account	Raw	Low
CUSTOM account	-	-

　　Non-Trading Fees

Deposit Fee	STANDARD: $100
	ECN: $100
	PRIME: $3,000
	LP account: $100,000
	CUSTOM account: $500,000

Trading Platform

Trading Platform	Supported	Available Devices	Suitable for
MT5	✔	Windows, Mac, Android, iOS	Who are experienced

Deposit and Withdrawal

　　Deposit Options

Deposit Options	Min. Deposit	Fees	Processing Time
bank wire transfers	$100	Depending on the accounts	24 hours a day, five days a week
credit/debit cards	$100	Depending on the accounts	24 hours a day, five days a week
e-wallets	$100	Depending on the accounts	24 hours a day, five days a week
cryptocurrency payments	$100	Depending on the accounts	24 hours a day, five days a week

　　Withdrawal Options

Withdrawal Options	Min. Withdrawal	Fees	Processing Time
bank wire transfers	$100	Depending on the accounts	24 hours a day, five days a week
credit/debit cards	$100	Depending on the accounts	24 hours a day, five days a week
e-wallets	$100	Depending on the accounts	24 hours a day, five days a week
cryptocurrency payments	$100	Depending on the accounts	24 hours a day, five days a week

Customer Service

　　STB Provider does not support online chat. You can contact by phone, email and social media, etc.

Contact Options	Details
Phone	+38 2203 33928+44 20 4520 3980
Email	Info@stbbrokers.com
Support Ticket System	❌
Online Chat	❌
Social Media	Telegram, facebook, twitter, instagram, youtube
Supported Language	English
Website Language	English
Physical Address	Podgorica, Montenegro Street (UL.) 27 Marta No. 117

The Bottom Line

　　STB Provider offers several accounts and educational resources for traders at different levels, but the lack of transparency can potentially lead to customer financial loss.