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
|
Comments
Positive
Negative
All
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.