STO | Broker review

STO 

2020-02-11 20:48:00

The thematic review of “Brokers for Poland” is continued by SuperTradingOnline (STO). It is part of the AFX Group and provides intermediary services in Forex trading, as well as in the field of trading contracts for difference (CFD).

Year of market entry - 2010

Broker's Headquarters - London, UK

Financial Regulator - FCA, CySEC, CONSOB

STO declares its goal to achieve leadership in the ratings of relevant business areas.

 

Polish Traders' View on STO General Information

Forex broker positive reviews

Forex broker negative reviews

  • • For experience in the market;
  • • For three financial regulators - good guarantees against fraud and scam.
  • Without explanation, from the category of "such are always scammers."

Terms of cooperation

A set of accounts with a difference in the minimum deposit amount, which is most often used by brokers for Poland, is supplemented by STO with an account that allows you to choose a trading platform. From software, the company offers:

 

MetaTrader4

AFX Fast

• one of the most popular multi-platforms;

• 4 types of order execution;

• powerful analytical apparatus;

• technical indicators;

• trading robots and scripts;

• 6 types of pending orders.

• institutional level platform;

• high speed of work;

• a wide range of tools for graphical analysis;

• market depth data.

 

You can open the following client accounts with a broker:

Account

Classic

Premium

PRO

AFX Fast

Minimal deposit

100 $/€

2000 $/€

10000 $/€

2000 $/€

Trading platform

MetaTrader4

MetaTrader4

MetaTrader4

AFX Fast

Trading instruments

Currency pairs, metals, oil, indices, stocks, bonds.

Currency pairs, metals, indices, stocks.

Currency pairs, metals, indices, bonds.

Currency pairs, metals, indices.

Leverage

1:30

1:30

1:30

1:30

Spread

1,6

0,4

0,3

0,4

Commission

-

2,5

1,5

2,5

Margin Call

100%

100%

150%

100%

Stop Out

50%

50%

50%

75%

12 advisers

-

3 mon.

12 mon.

-

15 indicators

-

3 mon.

12 mon.

-

The opinion of traders about the trading conditions of the broker was controversial.

Traders reviews on STO trading conditions

Forex broker positive reviews

Forex broker negative reviews

• For a low commission;

• For providing advisers and indicators.

• For a small amount of leverage;

• For the commission, which "I would like less";

• For the fact that the spread of the Classic account "would be desirable for a smaller size."

 

Customer service

The range of services for STO clients has more active options than the average brokers in Poland offer:

Support service

+

Trading platform

+

Training

+

Educational materials

+

Information and analytical materials

+

Promotions, contests, bonuses

-

24/7 VPS Hosting

+

 

Estimates of the broker's level of work with clients were mixed and contradictory.

Evaluation of traders of Poland STO level of service

Forex broker positive reviews

Forex broker negative reviews

• For the training program;

• For the quality of support services;

• For the opportunity to invest.

  • For delaying the resolution of issues by the support service, due to which traders in the estimates stated that the company is a scam.

 

 

Deposit and withdrawal of funds

Channels for depositing and withdrawing money include both those commonly used by brokers for Poland and other popular payment systems.

Deposit

Bank cards

Visa, Mastercard

Bank transfers

 

Electronic payment systems

Skrill, Przelewy24, CashU, WebMoney, Paysafecard, Neteller, Wire Transfer

Withdrawal

Bank cards

Visa, MasterCard, Visa Electron

Electronic payment systems

WebMoney, Skrill, Neteller, Wire Transfer

 

Among the reviews on the quality of withdrawal of broker's funds, positive comments prevail. However, some of them come across critical and even claiming that the company is a scam.

Evaluation of Polish traders on the quality of depositing and withdrawing funds

Forex broker positive reviews

Forex broker negative reviews

• For a complete and timely withdrawal of funds;

• For timely enrollment.

For delays in the withdrawal of funds, on the basis of which traders had suspicions of divorce and scam;

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Damian

Damian

Author

I have been trading Forex for more than 5 years, mostly with manual and automatic trading. I set up advisors for round-the-clock automated trading. I'm sure I can help to establish your trading skills....

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