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StocksCM Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-11-13 17:03

Abstract:Founded in 2019, StocksCM is an unregulated broker registered in the UK, offering cryptos, forex, and indices trading. The leverage can be up to 1:400, and the minimum deposit is $250. Nevertheless, this company is not regulated, which poses certain risk.

  Note: StocksCM's official website https://stockscm.com/ is currently inaccessible normally.

StocksCMReview Summary
Founded2019
Registered Country/RegionUK
RegulationNo regulation
Market InstrumentsForex currency pairs, indices, stocks, CFDs, commodities, and cryptocurrencies
Demo Account/
LeverageUp to 1:400
Spread0.1 pips
Trading PlatformStocksCM
Min Deposit$250
Customer SupportTel: +448449864883
Email: compliance@stockscm.com
Regional RestrictionUS Clients

  Founded in 2019, StocksCM is an unregulated broker registered in the UK, offering cryptos, forex, and indices trading. The leverage can be up to 1:400, and the minimum deposit is $250. Nevertheless, this company is not regulated, which poses certain risk.

Pros and Cons

Pros Cons
Various trading marketsInaccessible website
Multiple account typesLack of regulation
No MT4/5
High minimum deposit
Limited payment options

Is StocksCM Legit?

  No, StocksCM is not regulated by the financial services regulatory authority in the UK, which means that the company lacks regulation from its registration site. Please be aware of the risk!

Is StocksCM Legit?
Is StocksCM Legit?

What Can I Trade on StocksCM?

  StocksCM offers investors popular financial instruments, including Forex currency pairs, indices, stocks, CFDs, commodities, and cryptocurrencies.

Tradable Instruments Supported
Forex currency pairs✔
CFDs✔
Commodities✔
Indices✔
Stocks✔
Cryptos✔
Bonds❌
Options❌
ETFs❌

Account Type

Account TypeMin Deposit
Silver250 EUR
Gold 10,000 EUR
Platinum50,000 EUR
VIP (invitation only)/

Leverage

  Trading leverage varies depending on different trading accounts. Leverage is up to 1:100 for Silver, 1:200 for Gold, 1:300 for Platinum, and 1:400 for VIP.

  It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.

Trading Platform

  StocksCM uses its own trading platform, and it does not support MT4 or MT5.

Trading PlatformSupported Available Devices Suitable for
StocksCM✔Web/
MT4❌/Beginners
MT5❌/Experienced traders
Trading Platform

Deposit and Withdrawal

  On StocksCM, the deposit options include credit/debit cards, crypto wallets, and phone. The minimum deposit is $250, and the minimum withdrawal is $100. However, other details such as withdrawal options, the processing time, and fees, are not clear.

  

Related broker

No Regulation
StocksCM
Company name:StocksCM
Score
1.50
Website:https://stockscm.com/
5-10 years | Suspicious Regulatory License | Suspicious biz area | High potential risk
Score
1.50

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