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Global Broker Regulation & Inquiry App

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/10

StreamsFX

Cyprus|5-10 years|
Suspicious Scope of Business|High potential risk|

https://streamsfx.com

Website

Rating Index

Contact

+357 25055782
support@streamsfx.com
https://streamsfx.com
284 Makarios Avenue, 4th Floor, 3105, Limassol, Cyprus

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Contact number

English

+357 25055782

Other ways of contact

Broker Information

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Company Name

Streams Financial Services Ltd

Abbreviation

StreamsFX

Platform registered country and region

Cyprus

Company website
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Warning: Low score, please stay away! 2
Previous Detection : 2024-11-21
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The CyprusCYSEC regulation (license number: 376/19) claimed by this broker is suspected to be clone. Please be aware of the risk!

WikiFX Verification

StreamsFX · WikiFX Survey

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StreamsFX · Company Summary

General Information & Regulation

Streamsfx.com is owned and operated by Streams Financial Services Ltd under the trading name E.E. StreamsFX (streamsfx). Streams Financial Services Ltd is authorized and supervised by the Cyprus Securities and Exchange Commission (CySEC -19 Diagorou Street, 1097 Nicosia, Cyprus) as a Cyprus Investment Firm with License Number 376/19 and is a Member of the Investor Compensation Fund (ICF).

StreamsFX Market Instruments

Tradable financial instruments available include commodities, forex, indices, and precious metals. With forex instruments, traders can choose between 25 available assets.

StreamsFX Minimum Deposit

StreamsFX is furnishing traders with three account types to choose from: Classic (deposit from $500), Pro (deposit from $500) and ECN accounts (deposit from $20,000). The minimum deposit set by this broker is relatively high, and many other brokers requires the much less amount. Another feature with StreamsFX is having a working demo account to help users test how the platform works.

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StreamsFX Leverage

StreamsFX offers the solid leverage levels up to 1:200. Of course, such ratios are only extended to professional clients in live trading environment, as per ESMAs guidelines. Leverage is capped throughout the EU for investor protection concerns.

Spreads & Commissions

The Classic account comes with spreads from 1.6 pips, with no commissions required. Spreads on the Pro and the ECN account start from 0 pips, and ask a commission of $ 4 per side and $ 3.5 per side respectively.

StreamsFX Trading Platforms

StreamsFX uses the legendary MetaTrader4 (MT4). This easy to use platform has proved to be reliable, offers one of the best charting packages, in-depth market information, as well as automated trading via Expert Advisors, API connectivity, and more. It can be used as a web platform on any browser, as a desktop download, and as mobile apps.

Deposit & Withdrawal

StreamsFX welcome traders to fund their accounts through a series of payment methods, including Visa, Mastercard & Maestro credit/debit card, some popular e-wallets like Skrill and Neteller, as well as bank transfer.

Trading Hours

StreamsFX follows the standard trading hours for the forex, indices and commodities markets. While the broker does not detail specific trading sessions or market holidays, the forex markets can be traded 24/5 Monday through Friday. Trading hours can also be viewed on the MT4 platform.

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