STX Brokers-Overview of Minimum Deposit, Leverage, Spreads
Abstract：STX Brokers is a newly established online forex brokerage registered in the United Kingdom, offering its clients a series of forex and CFDs trading services. STX Brokers offers its clients a total of seven trading account options, with a minimum deposit to invest with it of $250. As this brokerage's website cannot be accessed, we were able to obtain only limited information.
As STX Brokers 's official website (https://stxbrokers.com) is unavailable at this time, we could only gather relevant information from other websites to present a rough picture of this brokerage.
General Information
STX Brokers is a newly established online forex brokerage registered in the United Kingdom, offering its clients a series of forex and CFDs trading services. STX Brokers offers its clients a total of seven trading account options, with a minimum deposit to invest with it of $250. As this brokerage's website cannot be accessed, we were able to obtain only limited information.
When it comes to regulation, it has been verified that STX Brokers does not fall under any valid regulations. That is why its regulatory status on WikiFX is listed as “No License” and it receives a relatively low score of 1.21/10. Please be aware of the risk.
Account Types
With STX Brokers, traders can choose from seven different trading accounts to meet their individual trading requirements. The seven trading accounts are categorized according to their minimum initial deposit requirements, namely the Micro Plan, Basic Plan, Classic Plan, Premium Plan, Gold Plan, Platinum Plan, and VIP Plan.
The minimum deposit amount for each account with STX Brokers is much higher than most forex brokers requirements.
The most basic account, the Micro Plan, asks for an initial deposit of $200, which sounds acceptable. The Basic Plan requires a minimum deposit of $500, and its most expensive account, the VIP Plan, needs to be injected at least $50,000.
Trading Platform
What STX Brokers offers is not the advanced MT4 or MT5 trading platform. Please be aware of the risk.
Customer Support
STX Broker's email and phone support service are available to traders with inquiries or problems related to trading. Contact details are listed below:
Telephone: +44 (20) 8089 7206
Email: support@stxbrokers.com
Registered Company Address: 24th Floor, 20 Fenchurch St, London EC3M 3BY, United Kingdom.
Risk Warning
Online trading in leveraged Forex and CFD instruments contains a high level of risk and may not be suitable for all investors.
Please note that the information contained in this article is for general information purposes only.
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