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Independent rating of Forex broker STforex

4/10 (votes 100)

On-line since
2014
Country of origin
Russia
Regulation
not regulated
Payment options
bank cards, Webmoney, Yandex.Money, Perfect Money, wire transfer
Minimum account size
$1
Minimum lot size
0.001 lot
Leverage
from 1:10 to 1:1,000
Spreads
fixed from 2 points and floating from 0.3 point
This young brokerage company has been operating in Forex since 2014. In spite of its brief trading experience in the forex market, STForex can boast of its good reputation among traders. An innovative approach to trading sets the broker apart from other companies. STForex offers its clients to benefit from trading through MetaTrader 4, which is one of today’s most advanced trading platforms. The broker aims to facilitate the performance of professional investors and provide novices with an adequate assistance in the form of efficient educational materials.  The company executes an effective mechanism for protection of its clients’ interests.

Comments

Author: Mantis Date: 2022-02-15 02:54:46 (UTC+3)
I'm so disappointed with STforex broker. This broker has really got me frustrated. Last week, I had a huge slippage from my stop level I set at 1.1996 to 0.9250. I lost my deposit of just a dollars and I now owe them over $500. I complained, but they said that I need to pay up. A group of 10 other traders has the same problem with STforex and is trying to fight back. We're ordinary people who lost everything due to STforex own bad risk management and poor practice.
Author: Tony Date: 2021-10-26 01:20:07 (UTC+3)
I have been with STforex for over 6 months. I think this broker is not a trusted broker because I always face issues, especially about deposits and withdrawals. Last week, I made a withdrawal through a wire transfer, and it took more than 2 weeks for me to get my money. This indicates don't know how to take care of clients. The spread is also getting higher and transaction costs also not reasonable. I won't keep on continuing to trade with STforex.
Author: Nalini Date: 2021-09-15 07:14:26 (UTC+3)
The trading services of STForex are impressive. The only problem is that they are not regulated. So far, I am able to withdraw my profits without a problem so I think the broker can be trusted. But it can be a seen as a downside by other investors.
Author: Welly Date: 2021-06-22 06:18:43 (UTC+3)
Never trade with this broker because they are not a good broker. It often disconnects and then can't reconnect on its own. When you start winning your trade, they manipulate the market and do everything to make you lose. Honestly, their server is always delaying when executing an order, and they are not honest about the commission either. They took a commission of $88 from my last withdrawal, it's big amount for me.
Author: Sobhan Date: 2021-05-25 09:52:36 (UTC+3)
I don't like my experience at STForex. Their platform always has problems which the company could not resolve right away. Sometimes, in the middle of a trading activity, the platform would just crash and it won't be accessible again until the market closes.
Author: Juhaa Date: 2021-02-24 06:10:20 (UTC+3)
STforex is not a recommended broker. The platform got frozen when I was about to close my profitable trades, and some of my profits disappeared. I had a profitable trade for EUR/USD worth $97.54, and I immediately called them. My call was put on hold for 15 minutes, and was told to wait for the email to be sent by the technical department. It's not my first time encounter such an issue. This is not acceptable anymore, so I decided to stop trading with them. Now, I'm going to search for a reliable broker, which excellent and professional.
Author: Sarene Date: 2021-01-28 05:03:22 (UTC+3)
It will be for the best if you stay away from STforex. This broker might be a legitimate one but their trading services are so poor that you will only end up losing all your money. I had an account with them and I was never able to close any of my trades on my own because their platform would always crash. The company would often close it automatically which will incur me huge losses. I lost a lot on this broker and if you don't want that, then do not open an account with STforex.
Author: Caitel Date: 2020-12-08 07:55:55 (UTC+3)
I already used four brokers, STforex is only the one with actual instant execution. I have been trading on a live account, applied my different strategies, every things is very well. Started with 750$ and I've turned it to 1341$. I never see any delay in withdrawals. On last Thursday, I withdraw $400 through Skrill and they send it to my Skrill account within two hours. I have no objection for this broker, I highly recommend STforex broker.
Author: Mayank Date: 2020-10-26 03:26:39 (UTC+3)
STforex is an untrusted broker. I made a withdrawal request three weeks ago, but they still didn't process it yet. They are not a regulated broker. From that itself, I shouldn't have to trust them but I took the risk instead. This is what I got, when I made a profit and want to withdraw, they didn't give it. Customer service also useless because they ignore me. Better stay away from this broker.
Author: Bailie Date: 2020-10-05 07:43:29 (UTC+3)
I am having a bit of a problem in withdrawing my profits from my STforex trading account. I have sent my withdrawal request a week ago yet I still haven't received any notice regarding its status. I tried to contact the finance department through email but they are still not responding. I also raised my concern through the live chat and they only told me that it will be forwarded to the department but I still am not getting anything.

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