http://www.stofs.co.uk/en/
Website
MT4/5 Identification
Full License
Single Core
1G
40G
+44 207 710 0000
+357 25-020605
862163868808
More
STO
STO
Cyprus
Pyramid scheme complaint
Expose
Benchmark | -- |
---|---|
Maximum Leverage | 500:1 |
Minimum Deposit | 2000 USD |
Minimum Spread | EUSUSD0.3-0.7、GOLD3.2-3.8 |
Products | Foreign exchange, precious metals, stocks, indices, bonds, commodities |
Currency | -- |
---|---|
Minimum Position | 0.01 lot |
Supported EA | |
Depositing Method | -- |
Withdrawal Method | -- |
Commission | -- |
Benchmark | -- |
---|---|
Maximum Leverage | 500:1 |
Minimum Deposit | 200 USD |
Minimum Spread | EURUSD1.6-1.8、GOLD4.3-4.8 |
Products | Foreign exchange, precious metals, stocks, indices, bonds, commodities |
Currency | -- |
---|---|
Minimum Position | 0.01 lot |
Supported EA | |
Depositing Method | -- |
Withdrawal Method | -- |
Commission | -- |
Benchmark | -- |
---|---|
Maximum Leverage | 500:1 |
Minimum Deposit | 2000 USD |
Minimum Spread | EURUSD0.4-0.6、GOLD3.5-3.8 |
Products | Foreign exchange, precious metals |
Currency | -- |
---|---|
Minimum Position | 0.01 lot |
Supported EA | |
Depositing Method | -- |
Withdrawal Method | -- |
Commission | -- |
Capital
$(USD)
General Information
STO is a trading name of AFX Markets Ltd and AFX Capital Markets Ltd. Their headquarters are located in Limassol, Cyprus, regulated by the UK Financial Conduct Authority (FCA) and Cyprus Securities Exchange Commission (CySEC).
Regulatory Risk
According to the update news from the authorities, the AFX Markets Ltd and AFX Capital Markets Ltd licenses are both suspended as noted by FCA and CySEC regulators in 2019. Please be aware of the risk!
Official Website Unavailable
As of now, the website of STO is not available. We can only get a rough idea of the information of the broker from some trader review portals.
Market Instruments
STO provides numerous major instruments of financial markets including Forex, indices, commodities, equities and bonds.
Accounts
STO has five account types for investors to choose from, namely STO Classic, STO Premium, PRO, VIP and AFX Fast accounts. Account standards are set for minimum deposits, ranging from $100 to $50,000.
Leverage
STO allows its traders to use a maximum leverage ratio of up to 1:500. Leverage amplifies potential profits, but it also immensely boosts risks.
Spreads
With STO, there are variable spreads that differ depending on trade plus what account the trader has with the broker. For example, STO Classic Account charges spread from 1.6 pips; STO Premium Account enjoys spread from 0.4 pips; and Pro Account features lower spread of 0.3 pips.
Trading Platforms
STO mainstays at the MetsTrader4(MT4) as a platform to access the trading, however offering as an option the AFX Fast platform. MT4 is available in different versions that are suited to use in any device, PC, Mobile or through the Application. And AFX Fast is an online based platform that was developed by STO, which features ECN/ STP execution model.
Payment Methods
STO offers multiple ways to fund an account and start live trading. Those methods include Visa, Mastercards, Visa Electron, Skrill, Przelewy24, CashU, WebMoney, Paysafecard, Neteller, Qiwi and Wire Transfer. The payments can be done with EUR, USD, GBP and PLN.
Trading Hours
Trades can be made five days a week from 24:00 server time Sunday until 24:00 server time Friday.
Customer support
Customers support can be reached by phone to STOs London or Cyprus numbers or email to the appropriate department. Chat is available during working hours.
Risk Warning
Multiple online platforms have received a large number of complaints from STO, mainly covering the inability to log in and out of funds. Please note that the broker may have closed down and run away.
Chrome
Chrome extension
Global Forex Broker Regulatory Inquiry
Browse the forex broker websites and identify the legit and fraud brokers accurately
Install Now