StockPair is an established binary options broker, located in Cyprus. It is considered to be one of the finest trading options, offering an extensive choice for extras. Their website is a very user friendly one, with easy operations even for the common man. As compared to other Binary Options brokers, It offers a high profit, with an average of 82% return for most assets.
It has introduced recently a new way for binary option trading. It has eliminated the expiry date concept and has given enough reason for the customers to be drawn to it. It has introduced the KIKO options – Knock-In – Knock Out. It means that there will be two target prices will be offered to the investors – one above the current trending price and the other one below it. The investor has to put in his money and decide which price will be hit first. The probable payoffs on KIKO options are slightly lower compared to other binary options.
One of the most common shortfalls of the trading industry is “withdrawals” of funds and bonuses. It has taken its frontier to the top by solving this issue. It poses no restrictions upon withdrawals of funds and bonuses. Once the required trading volume is met, the StockPair bonus is credit into the customer’s account.
It new features include tools such as “Technical analysis charts and Trading Indicators”. The technical analysis charts use indicators like moving average, Bollinger bands, and RSI, which enhance the trade analysis for the investors without having to depend on a third-party for charting. The trading indicator is like a market forecast predictor, which by use of algorithms predicts the direction of the particular type of asset trade.
Is it a Scam?
It has been pioneers in the trading market for the past 5 years and there has not been a single complaint against the firm regarding customer services or anything related to reimbursement of funds or bonuses. It is regulated by CySEC and many other European regulators, including British FCA. It comes into view that they are very good customer caretakers and have been paying off the returns on-time.
Though the firm has been in the good books of the investors, it is highly possible that there might be issues to customers with respect to the individual brokers involved in their trade. So it is always advisable to consider regulated and legally appointed advisors for the trading advices.
One major issue is with the US clients. It follows EU regulations and therefore cannot accept US clients. This seems to have caused major frustration with the US-based traders.
Another shortfall with It is the high initial deposit requirements for the premium accounts. There have also been complaints regarding how high trading volumes to be met to claim the cash-back incentive.
To cater to the larger group of the world, StockPair has introduced its new mobile app for iOS and Android platforms, to make it easy for its valuable customers on the move. StockPair has been a forefront runner in the trading market and its flexible trading options allow anyone to start trading at ease.