SuperTradingOnline
Dwain Ross
26 / January / 20
Visitors: 240
STO (SuperTradingOnline) is a division of the AFX Group that provides the entire package of usual Poland broker services. It has been operating in the market since 2010. The main task is to become a leading broker in the field of Forex and CFD.
SuperTradingOnline Account Types
The set of STO accounts includes the most popular packages.
|
Account |
|
Premium |
PRO |
AFX Fast |
|
Minimal deposit |
100 $/€ |
2 000 $/€ |
10 000 $/€ |
2 000 $/€ |
|
Trading platform |
MT4 |
AFX Fast |
||
|
Spread |
1,6 |
0,4 |
0,3 |
0,4 |
|
Leverage |
Up to 1:30 |
Up to 1:30 |
Up to 1:30 |
Up to 1:30 |
|
Commission |
- |
$2,5 per traded $100 000 |
$2,0 per traded $100 000 |
$2,5 per traded $100 000 |
|
Margin Call |
100% |
|||
|
Stop Out Level |
50% |
75% |
||
From this data you can note several points:
• low entry threshold, starting $100;
• fairly low spread;
• a small leverage that meets the stringent requirements of reputable financial regulators for brokers.
|
What kind of feedback does this Forex broker receive? Does it worth cooperation? Trader reviews about STO do not show any gross shortcomings. Some of them complain about not-so-small leverage, but they do not indicate direct signs of a fraud or a scam in the data presented in the table. We can say that on this point STO earned |
External regulation and reliability
Because of low leverage and its compliance with strict requirements STO currently has the following licenses:
• FCA, the UK Financial Market Supervisory Authority;
• CySEC - Cyprus Securities and Exchange Commission;
• CONSOB, Italy - National Commission of Italy on Joint Stock Companies and Exchanges.
|
What does Forex broker reviews show in terms of regulation? Most web users give positive feedback for one or more available licenses from financial regulators. In their opinion, it’s a good reason to believe that such brokers are not scammers. In this regard, the broker earned POSITIVE review |
Input and Output of Funds
Client can use a wide selection of tools for depositing funds, and looks like STO has a normal range of available options for international broker:
• bank cards;
• Skrill, Przelewy24, CashU, WebMoney, Paysafecard, Neteller;
• wire transfer.
Withdrawal of funds can be performed at any time upon trader’s request, supervised by a support service working 24/5
|
What reviews this Forex broker earned in terms of the funds deposit and withdrawal? Some traders mark them as acceptable, some accuse of scam, but not much details are published. There are complaints about the withdrawal of funds taking way too long. We can assume that the broker receives NEUTRAL review |
STO as a broker: support and additional service
For professional growth of a trader, STO provides:
• educational materials;
• training demo account;
• educational webinars;
• trading signals;
• VPS hosting for maintaining transactions in an active state at any time of the day.
A whole set of affiliate programs has been compiled for clients, which is much wider than brokers usually offer for EU.
The use of MAAM accounts is also provided, showing additional investment opportunities.
|
What did this Forex broker received as a review for its quality of customer support and service? Th reviews of traders do not provide a straight answer. Some of them complain about the long solution of the questions that have arisen, and that causes thoughts of scam, while others are satisfied with the training program and support service. As a result, a broker reviews here are NEUTRAL |
Offered trading platforms
For the comfortable work of the trader, the broker offers:
• MetaTrader4 - a terminal with four types of order execution and powerful analytical tools, popular in EU (it’s also one of the oldest trading software in the world, most popular among the experienced brokers)
• AFX Fast - a high-speed trading platform that allows you to conduct in-depth market analysis using graphical data.
